Solvar Ltd
ASX:SVR
Income Statement
Earnings Waterfall
Solvar Ltd
Income Statement
Solvar Ltd
| Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
11
N/A
|
12
+13%
|
14
+9%
|
14
+3%
|
16
+12%
|
19
+21%
|
23
+22%
|
32
+39%
|
44
+37%
|
57
+31%
|
69
+21%
|
84
+21%
|
97
+15%
|
101
+4%
|
110
+9%
|
118
+8%
|
74
-38%
|
54
-27%
|
92
+71%
|
114
+24%
|
124
+9%
|
129
+4%
|
145
+12%
|
169
+16%
|
188
+12%
|
200
+6%
|
209
+5%
|
215
+3%
|
216
+0%
|
215
-1%
|
207
-3%
|
197
-5%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(7)
|
(5)
|
(7)
|
(4)
|
(4)
|
(3)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(5)
|
(7)
|
(6)
|
(6)
|
(4)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
65
N/A
|
77
+18%
|
92
+19%
|
94
+2%
|
106
+13%
|
114
+8%
|
71
-38%
|
53
-25%
|
90
+70%
|
112
+24%
|
121
+9%
|
127
+5%
|
143
+13%
|
166
+16%
|
186
+12%
|
198
+6%
|
206
+4%
|
210
+2%
|
209
0%
|
208
0%
|
201
-3%
|
193
-4%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Expenses |
(8)
|
(9)
|
(10)
|
(10)
|
(12)
|
(14)
|
(17)
|
(24)
|
(31)
|
(37)
|
(42)
|
(49)
|
(58)
|
(53)
|
(56)
|
(60)
|
(31)
|
(17)
|
(44)
|
(59)
|
(74)
|
(70)
|
(65)
|
(79)
|
(89)
|
(93)
|
(98)
|
(112)
|
(117)
|
(120)
|
(104)
|
(97)
|
|
| Selling, General & Administrative |
(7)
|
(8)
|
(9)
|
(9)
|
(11)
|
(12)
|
(15)
|
(21)
|
(28)
|
(35)
|
(40)
|
(49)
|
(56)
|
(54)
|
(55)
|
(59)
|
(30)
|
(16)
|
(42)
|
(56)
|
(71)
|
(67)
|
(60)
|
(75)
|
(84)
|
(89)
|
(94)
|
(107)
|
(113)
|
(106)
|
(102)
|
(94)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
|
| Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
2
|
(1)
|
2
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
(12)
|
(1)
|
(1)
|
|
| Operating Income |
3
N/A
|
3
+10%
|
4
+12%
|
4
-8%
|
4
+6%
|
4
+19%
|
6
+25%
|
8
+47%
|
13
+54%
|
19
+55%
|
23
+21%
|
28
+20%
|
34
+21%
|
40
+19%
|
50
+23%
|
54
+8%
|
40
-25%
|
35
-12%
|
46
+29%
|
53
+16%
|
48
-11%
|
57
+20%
|
79
+37%
|
87
+11%
|
97
+11%
|
105
+8%
|
109
+4%
|
98
-9%
|
92
-7%
|
88
-4%
|
97
+10%
|
96
-1%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(7)
|
(9)
|
(9)
|
(10)
|
(12)
|
(13)
|
(15)
|
(18)
|
(22)
|
(23)
|
(23)
|
(31)
|
(42)
|
(49)
|
(55)
|
(55)
|
(52)
|
(51)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Pre-Tax Income |
3
N/A
|
3
+7%
|
4
+13%
|
3
-8%
|
4
+9%
|
4
+19%
|
5
+21%
|
7
+42%
|
11
+49%
|
17
+50%
|
20
+22%
|
25
+22%
|
29
+20%
|
35
+19%
|
42
+21%
|
45
+6%
|
31
-30%
|
26
-17%
|
34
+33%
|
40
+17%
|
32
-20%
|
39
+21%
|
56
+46%
|
64
+13%
|
74
+15%
|
74
0%
|
67
-9%
|
49
-27%
|
28
-43%
|
33
+20%
|
45
+34%
|
45
+0%
|
|
| Net Income | |||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(5)
|
(6)
|
(8)
|
(9)
|
(11)
|
(13)
|
(14)
|
(10)
|
(8)
|
(11)
|
(13)
|
(10)
|
(12)
|
(17)
|
(19)
|
(22)
|
(22)
|
(19)
|
(14)
|
(11)
|
(13)
|
(13)
|
(12)
|
|
| Income from Continuing Operations |
2
|
2
|
2
|
2
|
3
|
3
|
4
|
5
|
8
|
12
|
14
|
17
|
20
|
24
|
29
|
31
|
21
|
17
|
23
|
27
|
22
|
26
|
39
|
45
|
52
|
52
|
48
|
35
|
17
|
21
|
31
|
32
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
2
N/A
|
2
N/A
|
3
+14%
|
2
-8%
|
3
+13%
|
3
+19%
|
4
+16%
|
5
+44%
|
8
+50%
|
12
+54%
|
14
+16%
|
17
+20%
|
20
+20%
|
24
+19%
|
29
+22%
|
31
+6%
|
32
+4%
|
34
+7%
|
28
-17%
|
29
+0%
|
24
-15%
|
26
+9%
|
39
+48%
|
45
+15%
|
52
+14%
|
52
0%
|
48
-8%
|
35
-26%
|
17
-51%
|
21
+22%
|
31
+52%
|
32
+3%
|
|
| EPS (Diluted) |
0.06
N/A
|
0.06
N/A
|
0.07
+17%
|
0.05
-29%
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.07
+17%
|
0.08
+14%
|
0.1
+25%
|
0.1
N/A
|
0.1
N/A
|
0.12
+20%
|
0.14
+17%
|
0.18
+29%
|
0.2
+11%
|
0.19
-5%
|
0.18
-5%
|
0.15
-17%
|
0.14
-7%
|
0.12
-14%
|
0.14
+17%
|
0.2
+43%
|
0.21
+5%
|
0.24
+14%
|
0.24
N/A
|
0.22
-8%
|
0.16
-27%
|
0.08
-50%
|
0.1
+25%
|
0.15
+50%
|
0.16
+7%
|
|