
Bell Financial Group Ltd
ASX:BFG

Income Statement
Earnings Waterfall
Bell Financial Group Ltd
Revenue
|
276.4m
AUD
|
Cost of Revenue
|
-21.8m
AUD
|
Gross Profit
|
254.5m
AUD
|
Operating Expenses
|
-208.5m
AUD
|
Operating Income
|
46.1m
AUD
|
Other Expenses
|
-15.3m
AUD
|
Net Income
|
30.7m
AUD
|
Income Statement
Bell Financial Group Ltd
Dec-2008 | Jun-2009 | Dec-2009 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
176
N/A
|
159
-10%
|
207
+30%
|
216
+4%
|
200
-7%
|
198
-1%
|
156
-21%
|
135
-13%
|
136
+1%
|
149
+9%
|
159
+7%
|
151
-5%
|
155
+3%
|
168
+8%
|
178
+6%
|
178
0%
|
187
+5%
|
191
+3%
|
206
+7%
|
217
+5%
|
220
+2%
|
241
+10%
|
254
+5%
|
266
+5%
|
299
+12%
|
300
+0%
|
292
-3%
|
270
-7%
|
238
-12%
|
246
+4%
|
247
+0%
|
277
+12%
|
276
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(19)
|
(14)
|
(9)
|
(8)
|
(10)
|
(10)
|
(10)
|
(9)
|
(7)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(8)
|
(5)
|
(3)
|
(2)
|
(4)
|
(5)
|
(13)
|
(16)
|
(32)
|
(22)
|
|
Gross Profit |
156
N/A
|
145
-8%
|
198
+37%
|
207
+5%
|
191
-8%
|
188
-1%
|
146
-22%
|
126
-13%
|
129
+2%
|
143
+10%
|
154
+8%
|
146
-5%
|
151
+3%
|
164
+8%
|
174
+6%
|
173
0%
|
183
+6%
|
187
+3%
|
201
+7%
|
212
+5%
|
215
+2%
|
237
+10%
|
248
+5%
|
259
+4%
|
295
+14%
|
297
+1%
|
290
-2%
|
266
-8%
|
232
-13%
|
234
+1%
|
231
-1%
|
245
+6%
|
255
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(134)
|
(125)
|
(157)
|
(164)
|
(158)
|
(158)
|
(133)
|
(126)
|
(133)
|
(139)
|
(143)
|
(139)
|
(143)
|
(149)
|
(151)
|
(152)
|
(157)
|
(161)
|
(170)
|
(175)
|
(179)
|
(192)
|
(200)
|
(207)
|
(226)
|
(229)
|
(226)
|
(214)
|
(193)
|
(194)
|
(193)
|
(202)
|
(208)
|
|
Selling, General & Administrative |
(125)
|
(115)
|
(146)
|
(153)
|
(146)
|
(146)
|
(122)
|
(115)
|
(121)
|
(128)
|
(134)
|
(130)
|
(133)
|
(138)
|
(140)
|
(141)
|
(146)
|
(150)
|
(158)
|
(163)
|
(168)
|
(175)
|
(179)
|
(185)
|
(205)
|
(208)
|
(204)
|
(193)
|
(171)
|
(171)
|
(171)
|
(180)
|
(184)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(6)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
|
Other Operating Expenses |
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(8)
|
(8)
|
(9)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(10)
|
(11)
|
(11)
|
(12)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
|
Operating Income |
23
N/A
|
20
-13%
|
41
+111%
|
43
+5%
|
33
-25%
|
30
-9%
|
13
-57%
|
1
-95%
|
(4)
N/A
|
4
N/A
|
11
+192%
|
7
-30%
|
9
+18%
|
15
+74%
|
23
+52%
|
21
-7%
|
25
+18%
|
26
+5%
|
31
+18%
|
37
+18%
|
36
-3%
|
45
+25%
|
48
+8%
|
51
+7%
|
68
+33%
|
68
-1%
|
64
-5%
|
52
-18%
|
39
-25%
|
40
+2%
|
38
-6%
|
43
+14%
|
46
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(2)
|
0
|
(1)
|
0
|
(1)
|
0
|
(2)
|
0
|
(2)
|
0
|
(2)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
21
N/A
|
18
-15%
|
40
+121%
|
42
+6%
|
32
-25%
|
29
-9%
|
12
-59%
|
(0)
N/A
|
(4)
-1 233%
|
4
N/A
|
11
+184%
|
7
-30%
|
9
+18%
|
15
+74%
|
23
+52%
|
23
+2%
|
25
+8%
|
25
+1%
|
31
+23%
|
37
+19%
|
36
-4%
|
43
+22%
|
47
+7%
|
47
+2%
|
67
+41%
|
68
+1%
|
63
-7%
|
52
-17%
|
37
-29%
|
40
+8%
|
35
-11%
|
43
+21%
|
44
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(6)
|
(13)
|
(13)
|
(10)
|
(9)
|
(4)
|
(0)
|
1
|
(2)
|
(4)
|
(3)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(8)
|
(10)
|
(12)
|
(11)
|
(13)
|
(14)
|
(15)
|
(20)
|
(20)
|
(19)
|
(16)
|
(11)
|
(12)
|
(11)
|
(13)
|
(13)
|
|
Income from Continuing Operations |
15
|
12
|
27
|
29
|
22
|
20
|
8
|
(1)
|
(3)
|
2
|
7
|
4
|
6
|
11
|
16
|
16
|
17
|
17
|
21
|
26
|
25
|
30
|
32
|
33
|
47
|
47
|
44
|
37
|
26
|
28
|
24
|
30
|
31
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
15
N/A
|
12
-18%
|
27
+129%
|
29
+7%
|
22
-26%
|
20
-10%
|
8
-61%
|
(1)
N/A
|
(3)
-440%
|
2
N/A
|
7
+183%
|
5
-34%
|
6
+29%
|
11
+81%
|
16
+51%
|
16
0%
|
16
+4%
|
17
+1%
|
21
+25%
|
25
+19%
|
24
-1%
|
30
+25%
|
32
+6%
|
33
+1%
|
47
+42%
|
47
+1%
|
44
-6%
|
37
-17%
|
26
-30%
|
28
+7%
|
24
-12%
|
30
+23%
|
31
+3%
|
|
EPS (Diluted) |
0.06
N/A
|
0.05
-17%
|
0.11
+120%
|
0.11
N/A
|
0.08
-27%
|
0.07
-13%
|
0.02
-71%
|
-0.01
N/A
|
-0.01
N/A
|
0.01
N/A
|
0.02
+100%
|
0.01
-50%
|
0.03
+200%
|
0.05
+67%
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.08
+33%
|
0.09
+13%
|
0.08
-11%
|
0.1
+25%
|
0.1
N/A
|
0.1
N/A
|
0.15
+50%
|
0.15
N/A
|
0.14
-7%
|
0.11
-21%
|
0.08
-27%
|
0.09
+13%
|
0.08
-11%
|
0.09
+13%
|
0.1
+11%
|