Very Good Food Company Inc
XTSX:VERY
Income Statement
Earnings Waterfall
Very Good Food Company Inc
Income Statement
Very Good Food Company Inc
| Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue |
2
N/A
|
4
+57%
|
5
+21%
|
7
+50%
|
9
+24%
|
10
+13%
|
12
+26%
|
12
-5%
|
10
-11%
|
10
-8%
|
|
| Gross Profit | |||||||||||
| Cost of Revenue |
(2)
|
(2)
|
(4)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
|
| Gross Profit |
1
N/A
|
1
+55%
|
1
-42%
|
1
+60%
|
1
+9%
|
1
-2%
|
3
+138%
|
2
-35%
|
(0)
N/A
|
(1)
-6 667%
|
|
| Operating Income | |||||||||||
| Operating Expenses |
(6)
|
(10)
|
(13)
|
(27)
|
(38)
|
(46)
|
(59)
|
(53)
|
(46)
|
(39)
|
|
| Selling, General & Administrative |
(5)
|
(9)
|
(18)
|
(32)
|
(42)
|
(51)
|
(57)
|
(51)
|
(43)
|
(36)
|
|
| Research & Development |
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
|
| Other Operating Expenses |
(0)
|
(1)
|
6
|
5
|
5
|
6
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(5)
N/A
|
(9)
-77%
|
(12)
-40%
|
(26)
-117%
|
(36)
-40%
|
(44)
-23%
|
(55)
-25%
|
(51)
+8%
|
(46)
+10%
|
(40)
+12%
|
|
| Pre-Tax Income | |||||||||||
| Interest Income Expense |
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
5
|
5
|
6
|
14
|
|
| Non-Reccuring Items |
0
|
(1)
|
(1)
|
0
|
0
|
0
|
(3)
|
(3)
|
(4)
|
(5)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Total Other Income |
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Pre-Tax Income |
(5)
N/A
|
(10)
-88%
|
(14)
-44%
|
(28)
-100%
|
(39)
-39%
|
(48)
-24%
|
(55)
-14%
|
(49)
+10%
|
(43)
+12%
|
(31)
+28%
|
|
| Net Income | |||||||||||
| Income from Continuing Operations |
(5)
|
(10)
|
(14)
|
(28)
|
(39)
|
(48)
|
(55)
|
(49)
|
(43)
|
(31)
|
|
| Net Income (Common) |
(5)
N/A
|
(10)
-88%
|
(14)
-44%
|
(28)
-100%
|
(39)
-39%
|
(48)
-24%
|
(55)
-14%
|
(49)
+10%
|
(43)
+12%
|
(31)
+28%
|
|
| EPS (Diluted) |
-0.1
N/A
|
-0.12
-20%
|
-0.15
-25%
|
-0.29
-93%
|
-0.4
-38%
|
-0.46
-15%
|
-0.47
-2%
|
-0.41
+13%
|
-0.35
+15%
|
-0.24
+31%
|
|