Western Superconducting Technologies Co Ltd
SSE:688122
Income Statement
Earnings Waterfall
Western Superconducting Technologies Co Ltd
Income Statement
Western Superconducting Technologies Co Ltd
| Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||
| Interest Expense |
50
|
50
|
47
|
45
|
44
|
42
|
47
|
48
|
49
|
50
|
45
|
45
|
47
|
49
|
58
|
63
|
66
|
69
|
67
|
66
|
66
|
65
|
60
|
58
|
0
|
0
|
|
| Revenue |
1 229
N/A
|
1 320
+7%
|
1 446
+10%
|
1 444
0%
|
1 730
+20%
|
1 981
+14%
|
2 113
+7%
|
2 303
+9%
|
2 416
+5%
|
2 685
+11%
|
2 927
+9%
|
3 282
+12%
|
3 755
+14%
|
4 103
+9%
|
4 227
+3%
|
4 262
+1%
|
4 255
0%
|
4 049
-5%
|
4 159
+3%
|
4 030
-3%
|
4 067
+1%
|
4 306
+6%
|
4 612
+7%
|
4 893
+6%
|
5 315
+9%
|
5 366
+1%
|
|
| Gross Profit | |||||||||||||||||||||||||||
| Cost of Revenue |
(808)
|
(870)
|
(976)
|
(983)
|
(1 161)
|
(1 303)
|
(1 371)
|
(1 404)
|
(1 434)
|
(1 559)
|
(1 771)
|
(1 975)
|
(2 254)
|
(2 522)
|
(2 574)
|
(2 645)
|
(2 802)
|
(2 701)
|
(2 856)
|
(2 840)
|
(2 799)
|
(2 931)
|
(3 103)
|
(3 230)
|
(3 405)
|
(3 449)
|
|
| Gross Profit |
421
N/A
|
450
+7%
|
470
+5%
|
461
-2%
|
569
+23%
|
678
+19%
|
742
+9%
|
899
+21%
|
981
+9%
|
1 126
+15%
|
1 157
+3%
|
1 307
+13%
|
1 501
+15%
|
1 581
+5%
|
1 653
+5%
|
1 618
-2%
|
1 453
-10%
|
1 348
-7%
|
1 303
-3%
|
1 190
-9%
|
1 268
+7%
|
1 375
+8%
|
1 509
+10%
|
1 663
+10%
|
1 910
+15%
|
1 917
+0%
|
|
| Operating Income | |||||||||||||||||||||||||||
| Operating Expenses |
(227)
|
(258)
|
(279)
|
(274)
|
(326)
|
(292)
|
(282)
|
(338)
|
(332)
|
(391)
|
(302)
|
(347)
|
(359)
|
(350)
|
(409)
|
(391)
|
(371)
|
(414)
|
(430)
|
(427)
|
(471)
|
(437)
|
(497)
|
(555)
|
(622)
|
(820)
|
|
| Selling, General & Administrative |
(129)
|
(150)
|
(178)
|
(166)
|
(186)
|
(187)
|
(212)
|
(220)
|
(209)
|
(241)
|
(194)
|
(197)
|
(209)
|
(199)
|
(242)
|
(215)
|
(191)
|
(202)
|
(237)
|
(212)
|
(245)
|
(265)
|
(288)
|
(345)
|
(354)
|
(371)
|
|
| Research & Development |
(98)
|
(108)
|
(128)
|
(134)
|
(162)
|
(130)
|
(117)
|
(136)
|
(154)
|
(175)
|
(175)
|
(198)
|
(213)
|
(234)
|
(244)
|
(263)
|
(269)
|
(289)
|
(319)
|
(365)
|
(379)
|
(353)
|
(339)
|
(314)
|
(324)
|
(384)
|
|
| Depreciation & Amortization |
0
|
0
|
(24)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
1
|
0
|
50
|
26
|
21
|
25
|
73
|
19
|
31
|
25
|
91
|
48
|
63
|
83
|
103
|
87
|
89
|
77
|
156
|
150
|
152
|
182
|
160
|
105
|
56
|
(65)
|
|
| Operating Income |
195
N/A
|
192
-1%
|
191
0%
|
187
-2%
|
243
+30%
|
386
+59%
|
460
+19%
|
561
+22%
|
649
+16%
|
735
+13%
|
854
+16%
|
959
+12%
|
1 142
+19%
|
1 231
+8%
|
1 244
+1%
|
1 226
-1%
|
1 082
-12%
|
934
-14%
|
873
-6%
|
763
-13%
|
797
+4%
|
938
+18%
|
1 012
+8%
|
1 108
+10%
|
1 288
+16%
|
1 098
-15%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||
| Interest Income Expense |
(34)
|
(33)
|
(26)
|
(26)
|
(30)
|
(38)
|
(43)
|
(32)
|
(22)
|
(15)
|
(4)
|
(9)
|
(7)
|
4
|
(6)
|
(2)
|
7
|
(4)
|
(3)
|
(9)
|
(18)
|
(22)
|
(5)
|
(9)
|
(6)
|
(4)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
2
|
2
|
2
|
3
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
(0)
|
4
|
2
|
4
|
4
|
7
|
6
|
5
|
5
|
(0)
|
(0)
|
0
|
0
|
(1)
|
3
|
(0)
|
(2)
|
1
|
(5)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
|
| Pre-Tax Income |
160
N/A
|
159
-1%
|
167
+5%
|
163
-3%
|
217
+33%
|
353
+62%
|
423
+20%
|
535
+26%
|
634
+19%
|
727
+15%
|
852
+17%
|
953
+12%
|
1 135
+19%
|
1 236
+9%
|
1 238
+0%
|
1 227
-1%
|
1 088
-11%
|
928
-15%
|
868
-6%
|
748
-14%
|
776
+4%
|
915
+18%
|
1 006
+10%
|
1 099
+9%
|
1 282
+17%
|
1 094
-15%
|
|
| Net Income | |||||||||||||||||||||||||||
| Tax Provision |
(14)
|
(14)
|
(14)
|
(14)
|
(23)
|
(43)
|
(53)
|
(70)
|
(80)
|
(86)
|
(106)
|
(122)
|
(145)
|
(157)
|
(142)
|
(133)
|
(119)
|
(95)
|
(104)
|
(87)
|
(91)
|
(108)
|
(130)
|
(144)
|
(157)
|
(134)
|
|
| Income from Continuing Operations |
147
|
145
|
154
|
149
|
195
|
309
|
370
|
466
|
555
|
641
|
745
|
831
|
991
|
1 079
|
1 095
|
1 094
|
969
|
832
|
765
|
662
|
685
|
808
|
876
|
955
|
1 125
|
960
|
|
| Income to Minority Interest |
0
|
2
|
5
|
7
|
11
|
9
|
1
|
0
|
(3)
|
(4)
|
(4)
|
(3)
|
(10)
|
(17)
|
(15)
|
(20)
|
(21)
|
(28)
|
(12)
|
(7)
|
(6)
|
(34)
|
(75)
|
(94)
|
(126)
|
(114)
|
|
| Net Income (Common) |
147
N/A
|
147
+0%
|
158
+8%
|
156
-2%
|
205
+32%
|
318
+55%
|
371
+16%
|
466
+26%
|
552
+18%
|
637
+15%
|
741
+16%
|
828
+12%
|
980
+18%
|
1 062
+8%
|
1 080
+2%
|
1 073
-1%
|
949
-12%
|
804
-15%
|
752
-6%
|
655
-13%
|
680
+4%
|
773
+14%
|
801
+4%
|
860
+7%
|
998
+16%
|
847
-15%
|
|
| EPS (Diluted) |
0.38
N/A
|
0.33
-13%
|
0.38
+15%
|
0.35
-8%
|
0.46
+31%
|
0.72
+57%
|
0.84
+17%
|
1.05
+25%
|
1.25
+19%
|
1.44
+15%
|
1.14
-21%
|
1.78
+56%
|
2.11
+19%
|
1.63
-23%
|
1.66
+2%
|
1.65
-1%
|
1.46
-12%
|
1.24
-15%
|
1.16
-6%
|
1.01
-13%
|
1.05
+4%
|
1.19
+13%
|
1.23
+3%
|
1.32
+7%
|
1.54
+17%
|
1.3
-16%
|
|