
Solid State PLC
LSE:SOLI

Income Statement
Earnings Waterfall
Solid State PLC
Revenue
|
137m
GBP
|
Cost of Revenue
|
-93.2m
GBP
|
Gross Profit
|
43.7m
GBP
|
Operating Expenses
|
-35.1m
GBP
|
Operating Income
|
8.6m
GBP
|
Other Expenses
|
-3.2m
GBP
|
Net Income
|
5.3m
GBP
|
Income Statement
Solid State PLC
Sep-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | 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 | Mar-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
9
N/A
|
9
+3%
|
10
+3%
|
10
+7%
|
12
+13%
|
12
+5%
|
11
-10%
|
11
-4%
|
12
+10%
|
13
+6%
|
13
+2%
|
14
+6%
|
17
+28%
|
21
+22%
|
22
+5%
|
26
+16%
|
30
+17%
|
31
+4%
|
28
-11%
|
32
+15%
|
37
+15%
|
37
-1%
|
41
+13%
|
37
-11%
|
35
-5%
|
40
+15%
|
42
+6%
|
46
+9%
|
47
+2%
|
56
+19%
|
66
+18%
|
67
+2%
|
67
-1%
|
66
-1%
|
73
+10%
|
85
+17%
|
105
+24%
|
127
+21%
|
155
+23%
|
163
+5%
|
137
-16%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(13)
|
(15)
|
(16)
|
(19)
|
(22)
|
(23)
|
(20)
|
(23)
|
(26)
|
(25)
|
(30)
|
(25)
|
(23)
|
(28)
|
(30)
|
(34)
|
(34)
|
(40)
|
(47)
|
(47)
|
(46)
|
(46)
|
(50)
|
(57)
|
(72)
|
(86)
|
(107)
|
(109)
|
(93)
|
|
Gross Profit |
3
N/A
|
3
-3%
|
3
+3%
|
3
+2%
|
3
+6%
|
4
+16%
|
4
-3%
|
3
-10%
|
3
+6%
|
4
+5%
|
4
-1%
|
4
+4%
|
5
+30%
|
6
+24%
|
6
+3%
|
7
+19%
|
8
+12%
|
8
+2%
|
8
-2%
|
9
+16%
|
11
+19%
|
11
+0%
|
12
+5%
|
11
-2%
|
12
+1%
|
12
+5%
|
12
0%
|
13
+5%
|
13
+4%
|
16
+24%
|
20
+20%
|
21
+6%
|
21
-1%
|
20
-3%
|
23
+15%
|
28
+21%
|
33
+21%
|
41
+22%
|
48
+18%
|
54
+12%
|
44
-19%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(13)
|
(16)
|
(17)
|
(16)
|
(16)
|
(19)
|
(24)
|
(27)
|
(30)
|
(36)
|
(38)
|
(35)
|
|
Selling, General & Administrative |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(13)
|
(16)
|
(17)
|
(16)
|
(16)
|
(19)
|
(24)
|
(27)
|
(30)
|
(36)
|
(38)
|
(35)
|
|
Operating Income |
0
N/A
|
0
-22%
|
0
-6%
|
0
N/A
|
0
N/A
|
1
+408%
|
1
-11%
|
1
-12%
|
1
+29%
|
1
N/A
|
1
-21%
|
1
+4%
|
1
+65%
|
1
+43%
|
1
+12%
|
2
+3%
|
2
+13%
|
2
+9%
|
2
-9%
|
2
+32%
|
3
+44%
|
3
-4%
|
3
-1%
|
3
-11%
|
3
+5%
|
3
+5%
|
2
-22%
|
3
+15%
|
3
+2%
|
3
+7%
|
4
+36%
|
4
+4%
|
4
+0%
|
4
+3%
|
4
-5%
|
4
-5%
|
6
+54%
|
11
+76%
|
12
+13%
|
16
+32%
|
9
-45%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(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)
|
(1)
|
(2)
|
(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
|
0
|
(0)
|
0
|
(1)
|
0
|
(2)
|
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 |
0
N/A
|
0
-6%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
1
+1 733%
|
0
-13%
|
0
-13%
|
1
+38%
|
1
+5%
|
1
-18%
|
1
+6%
|
1
+64%
|
1
+43%
|
1
+12%
|
2
+15%
|
2
+2%
|
2
+9%
|
2
-10%
|
2
+34%
|
3
+46%
|
3
-4%
|
3
-2%
|
3
-12%
|
3
+6%
|
3
-2%
|
2
-14%
|
2
+7%
|
3
+2%
|
3
+11%
|
4
+36%
|
4
+5%
|
4
+1%
|
4
+4%
|
4
-6%
|
4
-11%
|
6
+59%
|
8
+51%
|
10
+22%
|
12
+18%
|
7
-40%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(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)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
|
Income from Continuing Operations |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
4
|
3
|
3
|
4
|
4
|
3
|
4
|
7
|
8
|
9
|
5
|
|
Income to Minority Interest |
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)
|
|
Net Income (Common) |
0
N/A
|
0
-4%
|
0
+4%
|
(0)
N/A
|
0
N/A
|
0
+667%
|
0
-15%
|
0
-15%
|
0
+36%
|
0
+9%
|
0
-16%
|
0
-2%
|
1
+58%
|
1
+52%
|
1
+13%
|
1
+22%
|
1
+5%
|
1
+7%
|
1
-3%
|
2
+30%
|
3
+45%
|
3
+6%
|
3
+4%
|
4
+38%
|
4
-3%
|
2
-54%
|
2
-16%
|
2
+44%
|
2
+4%
|
3
+14%
|
4
+35%
|
3
-5%
|
3
-1%
|
4
+17%
|
4
-9%
|
3
-30%
|
4
+64%
|
7
+62%
|
8
+17%
|
9
+13%
|
5
-40%
|
|
EPS (Diluted) |
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
-0.01
N/A
|
0.01
N/A
|
0.07
+600%
|
0.06
-14%
|
0.05
-17%
|
0.07
+40%
|
0.08
+14%
|
0.07
-13%
|
0.07
N/A
|
0.1
+43%
|
0.15
+50%
|
0.16
+7%
|
0.19
+19%
|
0.2
+5%
|
0.21
+5%
|
0.2
-5%
|
0.24
+20%
|
0.33
+38%
|
0.34
+3%
|
0.36
+6%
|
0.49
+36%
|
0.48
-2%
|
0.21
-56%
|
0.18
-14%
|
0.26
+44%
|
0.27
+4%
|
0.31
+15%
|
0.41
+32%
|
0.39
-5%
|
0.39
N/A
|
0.46
+18%
|
0.41
-11%
|
0.29
-29%
|
0.45
+55%
|
0.63
+40%
|
0.13
-79%
|
0.76
+485%
|
0.09
-88%
|