Thorn Group Ltd
ASX:TGA

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Thorn Group Ltd Logo
Thorn Group Ltd
ASX:TGA
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Price: 1.165 AUD Market Closed
Market Cap: 27m AUD
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Income Statement

Earnings Waterfall
Thorn Group Ltd

Revenue
10.2m AUD
Operating Expenses
-6.4m AUD
Operating Income
3.8m AUD
Other Expenses
6.3m AUD
Net Income
10.1m AUD

Income Statement
Thorn Group Ltd

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Income Statement
Currency: AUD
Mar-2008 Sep-2008 Mar-2009 Sep-2009 Mar-2010 Sep-2010 Mar-2011 Sep-2011 Mar-2012 Sep-2012 Mar-2013 Sep-2013 Mar-2014 Sep-2014 Mar-2015 Sep-2015 Mar-2016 Sep-2016 Mar-2017 Sep-2017 Mar-2018 Sep-2018 Mar-2019 Sep-2019 Mar-2020 Sep-2020 Mar-2021 Sep-2021 Mar-2022 Sep-2022 Mar-2023 Sep-2023
Revenue
Revenue
117
N/A
121
+4%
127
+5%
137
+8%
145
+6%
152
+5%
158
+3%
174
+10%
188
+8%
192
+2%
203
+6%
215
+6%
235
+9%
272
+16%
294
+8%
296
+1%
289
-2%
288
0%
278
-4%
252
-9%
234
-7%
220
-6%
222
+1%
215
-3%
204
-5%
158
-23%
33
-79%
(15)
N/A
17
N/A
14
-18%
15
+9%
10
-33%
Gross Profit
Cost of Revenue
(45)
(46)
(51)
(57)
(59)
(59)
(58)
(40)
(22)
(23)
(26)
(30)
(39)
(62)
(72)
(74)
(75)
(81)
(84)
(70)
(59)
(60)
(67)
(62)
(60)
(35)
0
0
0
0
0
0
Gross Profit
72
N/A
75
+5%
76
+2%
80
+4%
87
+8%
94
+9%
100
+6%
134
+34%
166
+24%
170
+2%
177
+4%
186
+5%
196
+6%
210
+7%
222
+6%
223
+0%
214
-4%
208
-3%
194
-7%
182
-6%
175
-4%
161
-8%
155
-4%
153
-1%
144
-6%
123
-15%
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
Operating Income
Operating Expenses
(55)
(57)
(58)
(59)
(62)
(65)
(67)
(96)
(124)
(129)
(135)
(135)
(153)
(154)
(173)
(152)
(149)
(145)
(133)
(124)
(121)
(119)
(140)
(136)
(163)
(153)
(27)
27
1
(8)
(8)
(6)
Selling, General & Administrative
(47)
(48)
(54)
(59)
(62)
(65)
(67)
(75)
(80)
(82)
(85)
(91)
(99)
(110)
(118)
(122)
(124)
(125)
(118)
(113)
(117)
(119)
(137)
(134)
(163)
(152)
(34)
10
(3)
(9)
(8)
(6)
Depreciation & Amortization
(1)
(1)
0
0
0
0
0
(14)
(29)
(31)
(32)
(35)
(36)
(35)
(32)
(29)
(25)
(20)
(15)
(11)
(3)
(2)
(3)
(2)
0
0
0
0
0
0
0
0
Other Operating Expenses
(7)
(7)
(4)
0
0
0
0
(7)
(15)
(16)
(18)
(9)
(18)
(9)
(22)
0
0
0
0
0
0
2
0
0
0
(2)
7
17
4
1
0
0
Operating Income
16
N/A
18
+12%
18
-1%
21
+17%
25
+17%
29
+18%
33
+12%
38
+17%
42
+10%
41
-2%
43
+3%
51
+19%
43
-15%
56
+30%
49
-13%
71
+45%
65
-9%
63
-3%
61
-4%
58
-5%
54
-6%
42
-23%
15
-65%
17
+18%
(18)
N/A
(30)
-66%
6
N/A
12
+90%
19
+55%
6
-67%
8
+26%
4
-51%
Pre-Tax Income
Interest Income Expense
(0)
(0)
(0)
(0)
(1)
(1)
(0)
(1)
(2)
(1)
(2)
(2)
(2)
(3)
(4)
(6)
(7)
(8)
(9)
(12)
(16)
(16)
(15)
(16)
(16)
(15)
(11)
(8)
(5)
(4)
(8)
(6)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(7)
(7)
0
(21)
(21)
(1)
(12)
(41)
(28)
2
(0)
0
(1)
(1)
(1)
(0)
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
(9)
0
(10)
0
(22)
(21)
(19)
(20)
(21)
(17)
(14)
(13)
(13)
(16)
(11)
0
(1)
0
0
0
0
Pre-Tax Income
16
N/A
18
+11%
18
-1%
21
+17%
24
+16%
29
+18%
32
+13%
37
+14%
40
+10%
40
N/A
41
+1%
40
-2%
41
+3%
44
+6%
45
+2%
44
-2%
31
-29%
30
-5%
31
+6%
4
-89%
1
-62%
11
+741%
(25)
N/A
(53)
-108%
(78)
-49%
(54)
+31%
(4)
+92%
5
N/A
13
+163%
3
-78%
(1)
N/A
(2)
-56%
Net Income
Tax Provision
(5)
(6)
(5)
(3)
(5)
(9)
(10)
(11)
(12)
(13)
(13)
(13)
(13)
(14)
(14)
(14)
(12)
(11)
(10)
(9)
(6)
(3)
7
8
(3)
(3)
0
0
0
0
0
0
Income from Continuing Operations
11
12
12
17
20
20
22
25
28
28
28
27
28
30
31
30
19
18
21
(5)
(5)
8
(18)
(45)
(81)
(57)
(4)
5
13
3
(1)
(2)
Net Income (Common)
11
N/A
12
+12%
12
+1%
17
+41%
20
+13%
20
+1%
22
+12%
25
+15%
28
+10%
28
-1%
28
+2%
27
-3%
28
+3%
30
+6%
31
+2%
31
+1%
18
-41%
18
-1%
25
+41%
0
-98%
(2)
N/A
10
N/A
(15)
N/A
(43)
-187%
(81)
-89%
(57)
+30%
8
N/A
23
+172%
32
+42%
20
-39%
3
-87%
10
+298%
EPS (Diluted)
0.5
N/A
0.87
+74%
0.89
+2%
1.25
+40%
1.41
+13%
1.42
+1%
1.57
+11%
1.63
+4%
1.79
+10%
1.77
-1%
1.8
+2%
1.74
-3%
0.18
-90%
1.89
+950%
0.19
-90%
1.91
+905%
0.12
-94%
1.09
+808%
1.52
+39%
0.02
-99%
-0.13
N/A
0.57
N/A
-0.88
N/A
-2.62
-198%
-3.37
-29%
-1.56
+54%
0.25
N/A
0.66
+164%
0.95
+44%
0.7
-26%
0.07
-90%
0.29
+314%

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