
Games Workshop Group PLC
LSE:GAW

Income Statement
Earnings Waterfall
Games Workshop Group PLC
Revenue
|
577.5m
GBP
|
Cost of Revenue
|
-166.6m
GBP
|
Gross Profit
|
410.9m
GBP
|
Operating Expenses
|
-177.5m
GBP
|
Operating Income
|
233.4m
GBP
|
Other Expenses
|
-58.5m
GBP
|
Net Income
|
174.9m
GBP
|
Income Statement
Games Workshop Group PLC
Nov-2004 | May-2005 | Nov-2005 | May-2006 | Nov-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Nov-2008 | May-2009 | Nov-2009 | May-2010 | Nov-2010 | May-2011 | Nov-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Nov-2014 | May-2015 | Nov-2015 | May-2016 | Nov-2016 | May-2017 | Nov-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | May-2020 | Nov-2020 | May-2021 | Nov-2021 | May-2022 | Nov-2022 | May-2023 | Nov-2023 | Jun-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
151
N/A
|
137
-9%
|
123
-10%
|
115
-6%
|
113
-2%
|
111
-2%
|
110
-1%
|
110
N/A
|
118
+7%
|
126
+7%
|
127
+1%
|
127
0%
|
124
-2%
|
123
-1%
|
126
+2%
|
131
+4%
|
136
+4%
|
135
-1%
|
128
-5%
|
124
-3%
|
120
-3%
|
119
0%
|
118
-1%
|
118
+0%
|
134
+13%
|
158
+18%
|
197
+24%
|
221
+12%
|
237
+7%
|
257
+8%
|
280
+9%
|
270
-4%
|
308
+14%
|
353
+15%
|
378
+7%
|
415
+10%
|
430
+4%
|
471
+10%
|
492
+4%
|
526
+7%
|
578
+10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(47)
|
(42)
|
(39)
|
(34)
|
(33)
|
(33)
|
(33)
|
(34)
|
(35)
|
(36)
|
(34)
|
(31)
|
(29)
|
(28)
|
(29)
|
(35)
|
(40)
|
(37)
|
(35)
|
(37)
|
(37)
|
(37)
|
(36)
|
(37)
|
(43)
|
(45)
|
(54)
|
(64)
|
(75)
|
(83)
|
(87)
|
(89)
|
(89)
|
(96)
|
(111)
|
(127)
|
(143)
|
(149)
|
(145)
|
(151)
|
(167)
|
|
Gross Profit |
104
N/A
|
95
-9%
|
84
-11%
|
81
-4%
|
80
-1%
|
78
-2%
|
77
-2%
|
77
-1%
|
83
+8%
|
90
+8%
|
93
+3%
|
96
+3%
|
95
-1%
|
95
-1%
|
97
+2%
|
96
-1%
|
96
0%
|
98
+2%
|
93
-5%
|
87
-7%
|
82
-5%
|
82
0%
|
82
-1%
|
81
-1%
|
91
+13%
|
113
+24%
|
143
+27%
|
157
+10%
|
162
+3%
|
173
+7%
|
192
+11%
|
181
-6%
|
219
+21%
|
257
+17%
|
267
+4%
|
287
+8%
|
287
0%
|
322
+12%
|
347
+8%
|
375
+8%
|
411
+10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(84)
|
(80)
|
(77)
|
(77)
|
(76)
|
(77)
|
(75)
|
(72)
|
(77)
|
(81)
|
(79)
|
(80)
|
(81)
|
(80)
|
(79)
|
(77)
|
(75)
|
(77)
|
(75)
|
(74)
|
(72)
|
(66)
|
(65)
|
(64)
|
(67)
|
(76)
|
(80)
|
(83)
|
(85)
|
(92)
|
(93)
|
(91)
|
(96)
|
(105)
|
(119)
|
(130)
|
(134)
|
(151)
|
(166)
|
(173)
|
(178)
|
|
Selling, General & Administrative |
(84)
|
(80)
|
(78)
|
(77)
|
(76)
|
(78)
|
(76)
|
(73)
|
(77)
|
(84)
|
(83)
|
(83)
|
(84)
|
(82)
|
(83)
|
(81)
|
(76)
|
(78)
|
(77)
|
(76)
|
(73)
|
(67)
|
(68)
|
(70)
|
(75)
|
(84)
|
(89)
|
(92)
|
(97)
|
(103)
|
(105)
|
(94)
|
(105)
|
(107)
|
(127)
|
(114)
|
(134)
|
(135)
|
(166)
|
(156)
|
(178)
|
|
Depreciation & Amortization |
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
|
(5)
|
(14)
|
0
|
(15)
|
0
|
(16)
|
0
|
(17)
|
0
|
(17)
|
0
|
|
Other Operating Expenses |
0
|
0
|
1
|
0
|
1
|
2
|
2
|
2
|
2
|
3
|
4
|
3
|
3
|
3
|
4
|
4
|
1
|
1
|
2
|
1
|
1
|
1
|
2
|
6
|
8
|
7
|
8
|
10
|
12
|
11
|
17
|
17
|
9
|
16
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
20
N/A
|
14
-30%
|
7
-52%
|
4
-38%
|
4
N/A
|
2
-53%
|
3
+35%
|
5
+85%
|
6
+14%
|
9
+56%
|
13
+49%
|
16
+21%
|
15
-8%
|
15
+3%
|
18
+15%
|
19
+9%
|
21
+10%
|
21
+0%
|
18
-16%
|
12
-31%
|
11
-12%
|
16
+52%
|
16
0%
|
17
+3%
|
24
+40%
|
37
+56%
|
63
+70%
|
74
+18%
|
77
+4%
|
81
+5%
|
100
+23%
|
90
-10%
|
123
+36%
|
152
+23%
|
148
-2%
|
157
+6%
|
152
-3%
|
170
+12%
|
181
+6%
|
202
+11%
|
233
+16%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(4)
|
(5)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
(1)
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
20
N/A
|
14
-31%
|
6
-55%
|
4
-43%
|
4
N/A
|
(3)
N/A
|
(3)
-7%
|
1
N/A
|
4
+282%
|
8
+79%
|
12
+65%
|
16
+30%
|
15
-7%
|
15
+2%
|
18
+18%
|
20
+8%
|
21
+8%
|
21
+1%
|
18
-16%
|
12
-31%
|
11
-11%
|
17
+51%
|
17
+0%
|
17
+2%
|
25
+45%
|
38
+57%
|
63
+63%
|
74
+18%
|
77
+4%
|
81
+6%
|
99
+22%
|
89
-10%
|
122
+37%
|
151
+23%
|
148
-2%
|
157
+6%
|
152
-3%
|
171
+12%
|
182
+7%
|
203
+11%
|
235
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(7)
|
(5)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(5)
|
(8)
|
(12)
|
(15)
|
(16)
|
(15)
|
(19)
|
(18)
|
(25)
|
(29)
|
(28)
|
(28)
|
(28)
|
(36)
|
(43)
|
(52)
|
(60)
|
|
Income from Continuing Operations |
13
|
9
|
4
|
2
|
2
|
(4)
|
(4)
|
0
|
2
|
5
|
11
|
15
|
13
|
11
|
13
|
15
|
16
|
16
|
14
|
8
|
7
|
12
|
12
|
13
|
20
|
31
|
50
|
59
|
61
|
66
|
80
|
71
|
98
|
122
|
119
|
128
|
124
|
135
|
140
|
151
|
175
|
|
Net Income (Common) |
13
N/A
|
9
-31%
|
4
-56%
|
2
-50%
|
2
N/A
|
(4)
N/A
|
(4)
-6%
|
(1)
+81%
|
1
N/A
|
6
+511%
|
11
+95%
|
15
+41%
|
13
-13%
|
11
-15%
|
13
+19%
|
15
+11%
|
16
+8%
|
16
+3%
|
14
-15%
|
8
-42%
|
7
-13%
|
12
+75%
|
12
+1%
|
13
+9%
|
20
+45%
|
31
+56%
|
50
+65%
|
59
+18%
|
61
+3%
|
66
+7%
|
80
+22%
|
71
-11%
|
98
+37%
|
122
+25%
|
119
-2%
|
128
+8%
|
124
-4%
|
135
+9%
|
140
+4%
|
151
+8%
|
175
+16%
|
|
EPS (Diluted) |
0.42
N/A
|
0.29
-31%
|
0.13
-55%
|
0.06
-54%
|
0.06
N/A
|
-0.11
N/A
|
-0.11
N/A
|
-0.02
+82%
|
0.02
N/A
|
0.17
+750%
|
0.33
+94%
|
0.48
+45%
|
0.42
-13%
|
0.35
-17%
|
0.42
+20%
|
0.47
+12%
|
0.5
+6%
|
0.51
+2%
|
0.44
-14%
|
0.26
-41%
|
0.22
-15%
|
0.38
+73%
|
0.39
+3%
|
0.42
+8%
|
0.61
+45%
|
0.95
+56%
|
1.55
+63%
|
1.82
+17%
|
1.87
+3%
|
2.01
+7%
|
2.45
+22%
|
2.18
-11%
|
2.97
+36%
|
3.71
+25%
|
3.63
-2%
|
3.91
+8%
|
3.76
-4%
|
4.09
+9%
|
4.24
+4%
|
4.58
+8%
|
5.3
+16%
|