
Objective Corporation Ltd
ASX:OCL

Income Statement
Earnings Waterfall
Objective Corporation Ltd
Revenue
|
121m
AUD
|
Cost of Revenue
|
-7.3m
AUD
|
Gross Profit
|
113.7m
AUD
|
Operating Expenses
|
-74.7m
AUD
|
Operating Income
|
39m
AUD
|
Other Expenses
|
-7m
AUD
|
Net Income
|
31.9m
AUD
|
Income Statement
Objective Corporation Ltd
Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | 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 |
31
N/A
|
34
+9%
|
36
+7%
|
38
+5%
|
35
-8%
|
32
-8%
|
33
+3%
|
34
+1%
|
35
+5%
|
40
+15%
|
45
+10%
|
42
-7%
|
41
0%
|
40
-3%
|
39
-2%
|
40
+1%
|
39
-3%
|
41
+6%
|
44
+6%
|
49
+11%
|
51
+5%
|
50
-2%
|
49
-2%
|
50
+3%
|
58
+15%
|
63
+9%
|
66
+5%
|
63
-4%
|
59
-7%
|
62
+5%
|
66
+7%
|
70
+6%
|
83
+19%
|
95
+14%
|
101
+7%
|
107
+5%
|
109
+2%
|
110
+1%
|
113
+2%
|
118
+4%
|
121
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
|
Gross Profit |
27
N/A
|
31
+15%
|
34
+9%
|
36
+7%
|
33
-9%
|
31
-6%
|
32
+4%
|
33
+1%
|
35
+7%
|
39
+14%
|
43
+9%
|
40
-7%
|
40
0%
|
39
-2%
|
39
-1%
|
39
+1%
|
38
-3%
|
40
+6%
|
43
+7%
|
48
+11%
|
50
+5%
|
49
-3%
|
47
-2%
|
49
+3%
|
55
+14%
|
61
+9%
|
64
+5%
|
61
-4%
|
57
-7%
|
60
+5%
|
63
+6%
|
67
+5%
|
79
+18%
|
90
+13%
|
96
+7%
|
101
+5%
|
102
+1%
|
103
+1%
|
106
+2%
|
110
+4%
|
114
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19)
|
(20)
|
(23)
|
(27)
|
(31)
|
(33)
|
(31)
|
(31)
|
(32)
|
(34)
|
(37)
|
(37)
|
(37)
|
(35)
|
(33)
|
(34)
|
(36)
|
(36)
|
(37)
|
(41)
|
(44)
|
(43)
|
(43)
|
(43)
|
(46)
|
(51)
|
(53)
|
(52)
|
(48)
|
(48)
|
(51)
|
(53)
|
(61)
|
(69)
|
(72)
|
(76)
|
(79)
|
(81)
|
(74)
|
(71)
|
(75)
|
|
Selling, General & Administrative |
(17)
|
(19)
|
(21)
|
(23)
|
(28)
|
(31)
|
(30)
|
(29)
|
(25)
|
(22)
|
(24)
|
(24)
|
(24)
|
(25)
|
(24)
|
(25)
|
(26)
|
(27)
|
(28)
|
(31)
|
(33)
|
(32)
|
(32)
|
(32)
|
(34)
|
(38)
|
(40)
|
(39)
|
(36)
|
(35)
|
(36)
|
(37)
|
(42)
|
(46)
|
(47)
|
(51)
|
(53)
|
(53)
|
(53)
|
(54)
|
(53)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(15)
|
(16)
|
(19)
|
(23)
|
(25)
|
(25)
|
(26)
|
(27)
|
(21)
|
(17)
|
(17)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
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
|
(4)
|
|
Other Operating Expenses |
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(2)
|
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
|
|
Operating Income |
8
N/A
|
11
+28%
|
11
+2%
|
9
-13%
|
2
-78%
|
(2)
N/A
|
1
N/A
|
2
+140%
|
3
+41%
|
5
+95%
|
6
+9%
|
3
-52%
|
3
+4%
|
3
+23%
|
6
+71%
|
5
-8%
|
2
-60%
|
4
+96%
|
6
+43%
|
7
+18%
|
7
-8%
|
5
-19%
|
5
-11%
|
6
+24%
|
9
+61%
|
10
+7%
|
10
+4%
|
9
-10%
|
8
-11%
|
11
+34%
|
12
+10%
|
14
+14%
|
18
+28%
|
21
+15%
|
24
+16%
|
25
+5%
|
24
-7%
|
23
-4%
|
32
+40%
|
39
+24%
|
39
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
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)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
|
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
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
8
N/A
|
11
+29%
|
11
+2%
|
9
-14%
|
2
-79%
|
(3)
N/A
|
1
N/A
|
2
+225%
|
2
+5%
|
4
+128%
|
6
+29%
|
2
-58%
|
3
+8%
|
3
+36%
|
6
+62%
|
5
-6%
|
2
-60%
|
4
+97%
|
6
+43%
|
7
+18%
|
7
-8%
|
5
-19%
|
5
-11%
|
6
+29%
|
9
+55%
|
10
+4%
|
10
+7%
|
9
-11%
|
8
-13%
|
11
+32%
|
12
+10%
|
14
+14%
|
18
+29%
|
20
+15%
|
22
+10%
|
23
+6%
|
23
-1%
|
22
-5%
|
31
+40%
|
38
+24%
|
38
0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(3)
|
(3)
|
(2)
|
0
|
1
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(2)
|
(1)
|
(4)
|
(7)
|
(6)
|
|
Income from Continuing Operations |
6
|
8
|
8
|
7
|
2
|
(1)
|
1
|
2
|
2
|
4
|
5
|
2
|
2
|
3
|
5
|
5
|
3
|
4
|
5
|
6
|
5
|
4
|
4
|
5
|
8
|
8
|
9
|
7
|
7
|
9
|
10
|
11
|
14
|
16
|
18
|
20
|
22
|
21
|
27
|
31
|
32
|
|
Net Income (Common) |
6
N/A
|
8
+24%
|
8
+2%
|
7
-12%
|
2
-71%
|
(1)
N/A
|
1
N/A
|
2
+117%
|
2
+12%
|
4
+91%
|
5
+14%
|
2
-58%
|
2
+0%
|
3
+45%
|
5
+54%
|
5
-3%
|
3
-44%
|
4
+50%
|
5
+33%
|
6
+10%
|
5
-8%
|
4
-15%
|
4
-5%
|
5
+24%
|
8
+43%
|
8
+9%
|
9
+4%
|
7
-14%
|
7
-6%
|
9
+31%
|
10
+7%
|
11
+14%
|
14
+27%
|
16
+15%
|
18
+9%
|
20
+12%
|
22
+10%
|
21
-2%
|
27
+27%
|
31
+17%
|
32
+2%
|
|
EPS (Diluted) |
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.05
-17%
|
0.02
-60%
|
-0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.03
+200%
|
0.04
+33%
|
0.02
-50%
|
0.02
N/A
|
0.03
+50%
|
0.04
+33%
|
0.04
N/A
|
0.03
-25%
|
0.04
+33%
|
0.05
+25%
|
0.06
+20%
|
0.06
N/A
|
0.05
-17%
|
0.05
N/A
|
0.06
+20%
|
0.08
+33%
|
0.09
+13%
|
0.09
N/A
|
0.08
-11%
|
0.07
-13%
|
0.1
+43%
|
0.1
N/A
|
0.12
+20%
|
0.15
+25%
|
0.17
+13%
|
0.18
+6%
|
0.2
+11%
|
0.22
+10%
|
0.22
N/A
|
0.28
+27%
|
0.32
+14%
|
0.33
+3%
|