Vitec Group Plc
LSE:VTC
Income Statement
Earnings Waterfall
Vitec Group Plc
Revenue
|
394.3m
GBP
|
Cost of Revenue
|
-221.2m
GBP
|
Gross Profit
|
173.1m
GBP
|
Operating Expenses
|
-134.2m
GBP
|
Operating Income
|
38.9m
GBP
|
Other Expenses
|
-13m
GBP
|
Net Income
|
25.9m
GBP
|
Income Statement
Vitec Group Plc
Jun-2002 | Dec-2002 | Jun-2003 | Dec-2003 | Jun-2004 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
180
N/A
|
182
+1%
|
184
+1%
|
193
+5%
|
191
-1%
|
185
-3%
|
186
+0%
|
195
+5%
|
213
+9%
|
222
+5%
|
241
+9%
|
274
+13%
|
307
+12%
|
338
+10%
|
339
+1%
|
315
-7%
|
307
-3%
|
310
+1%
|
329
+6%
|
351
+7%
|
356
+1%
|
345
-3%
|
326
-5%
|
315
-3%
|
311
-1%
|
310
0%
|
313
+1%
|
318
+2%
|
306
-4%
|
319
+4%
|
340
+7%
|
353
+4%
|
372
+5%
|
385
+4%
|
386
+0%
|
376
-3%
|
311
-17%
|
291
-7%
|
353
+22%
|
394
+12%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
(53)
|
(116)
|
(125)
|
(129)
|
(140)
|
(163)
|
(183)
|
(201)
|
(205)
|
(191)
|
(184)
|
(184)
|
(195)
|
(205)
|
(206)
|
(198)
|
(185)
|
(181)
|
(181)
|
(182)
|
(186)
|
(189)
|
(180)
|
(184)
|
(192)
|
(197)
|
(205)
|
(219)
|
(222)
|
(213)
|
(185)
|
(177)
|
(204)
|
(221)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
37
N/A
|
79
+115%
|
88
+11%
|
93
+6%
|
101
+8%
|
111
+10%
|
124
+11%
|
137
+11%
|
135
-2%
|
124
-8%
|
123
0%
|
125
+2%
|
134
+7%
|
146
+9%
|
150
+3%
|
147
-2%
|
142
-4%
|
134
-5%
|
129
-4%
|
128
-1%
|
126
-1%
|
129
+2%
|
126
-2%
|
135
+8%
|
148
+9%
|
157
+6%
|
167
+6%
|
166
0%
|
165
-1%
|
164
-1%
|
126
-23%
|
113
-10%
|
149
+31%
|
173
+16%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(153)
|
(158)
|
(165)
|
(180)
|
(178)
|
(168)
|
(115)
|
(60)
|
(64)
|
(69)
|
(74)
|
(84)
|
(95)
|
(108)
|
(114)
|
(109)
|
(106)
|
(106)
|
(112)
|
(121)
|
(121)
|
(122)
|
(121)
|
(110)
|
(100)
|
(97)
|
(99)
|
(100)
|
(96)
|
(100)
|
(110)
|
(119)
|
(125)
|
(127)
|
(132)
|
(127)
|
(114)
|
(111)
|
(119)
|
(134)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
0
|
0
|
0
|
(38)
|
(81)
|
(88)
|
(96)
|
(102)
|
(105)
|
(108)
|
(102)
|
(91)
|
(89)
|
(95)
|
(107)
|
|
Research & Development |
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
|
(6)
|
(13)
|
(14)
|
(15)
|
(15)
|
(16)
|
(17)
|
0
|
(7)
|
(15)
|
(17)
|
(20)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(5)
|
(8)
|
(7)
|
(8)
|
(9)
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(6)
|
(8)
|
(9)
|
(9)
|
(8)
|
(6)
|
(7)
|
|
Other Operating Expenses |
(152)
|
(158)
|
(164)
|
(176)
|
(175)
|
(168)
|
(115)
|
(59)
|
(64)
|
(68)
|
(73)
|
(79)
|
(88)
|
(101)
|
(106)
|
(101)
|
(98)
|
(99)
|
(112)
|
(121)
|
(121)
|
(132)
|
(121)
|
(110)
|
(98)
|
(93)
|
(95)
|
(94)
|
(47)
|
0
|
0
|
0
|
0
|
0
|
0
|
(15)
|
(7)
|
0
|
0
|
0
|
|
Operating Income |
27
N/A
|
24
-13%
|
19
-18%
|
13
-31%
|
13
-5%
|
18
+40%
|
18
+3%
|
20
+9%
|
24
+19%
|
25
+5%
|
27
+9%
|
28
+3%
|
29
+4%
|
29
+2%
|
21
-29%
|
15
-30%
|
17
+20%
|
19
+8%
|
23
+20%
|
25
+12%
|
29
+15%
|
26
-12%
|
21
-19%
|
24
+17%
|
30
+22%
|
31
+5%
|
27
-12%
|
29
+6%
|
30
+3%
|
35
+17%
|
39
+10%
|
38
-2%
|
42
+11%
|
39
-6%
|
32
-18%
|
37
+14%
|
12
-66%
|
2
-81%
|
30
+1 196%
|
39
+31%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(8)
|
(9)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
|
Non-Reccuring Items |
0
|
(6)
|
(7)
|
(1)
|
0
|
(2)
|
(3)
|
(1)
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(3)
|
(12)
|
(7)
|
4
|
2
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(4)
|
(3)
|
(7)
|
(8)
|
(5)
|
(3)
|
(8)
|
(9)
|
1
|
6
|
(5)
|
(11)
|
(6)
|
(5)
|
(5)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
(3)
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
50
|
50
|
0
|
0
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(3)
|
0
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
0
|
0
|
1
|
0
|
(0)
|
(51)
|
(51)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
Pre-Tax Income |
26
N/A
|
17
-35%
|
11
-33%
|
8
-30%
|
8
+6%
|
14
+70%
|
14
-1%
|
17
+23%
|
22
+31%
|
23
+1%
|
24
+6%
|
26
+8%
|
25
-4%
|
26
+3%
|
16
-37%
|
2
-89%
|
10
+433%
|
22
+126%
|
24
+9%
|
24
+0%
|
27
+12%
|
16
-40%
|
10
-35%
|
20
+96%
|
25
+24%
|
20
-20%
|
17
-14%
|
19
+8%
|
18
-4%
|
26
+49%
|
32
+20%
|
27
-13%
|
31
+12%
|
38
+23%
|
35
-8%
|
28
-21%
|
(3)
N/A
|
(8)
-175%
|
21
N/A
|
30
+40%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(9)
|
(7)
|
(2)
|
(2)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(5)
|
(5)
|
(4)
|
1
|
3
|
(3)
|
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(6)
|
(8)
|
(7)
|
(6)
|
(6)
|
(5)
|
(2)
|
(1)
|
(9)
|
(9)
|
(4)
|
(6)
|
(7)
|
1
|
2
|
(6)
|
(4)
|
|
Income from Continuing Operations |
15
|
8
|
4
|
6
|
6
|
8
|
7
|
9
|
13
|
13
|
15
|
18
|
19
|
20
|
12
|
3
|
13
|
18
|
15
|
15
|
17
|
6
|
2
|
14
|
18
|
13
|
11
|
13
|
13
|
25
|
30
|
18
|
22
|
34
|
29
|
20
|
(2)
|
(5)
|
15
|
26
|
|
Net Income (Common) |
15
N/A
|
8
-49%
|
4
-49%
|
6
+45%
|
6
+9%
|
8
+27%
|
7
-3%
|
10
+32%
|
14
+39%
|
13
-1%
|
15
+13%
|
18
+21%
|
19
+6%
|
20
+4%
|
12
-38%
|
3
-74%
|
13
+294%
|
18
+45%
|
15
-19%
|
15
+1%
|
17
+13%
|
6
-65%
|
2
-68%
|
14
+637%
|
18
+26%
|
13
-27%
|
11
-14%
|
13
+16%
|
12
-6%
|
9
-26%
|
16
+74%
|
28
+75%
|
30
+11%
|
34
+13%
|
29
-15%
|
20
-31%
|
(2)
N/A
|
(5)
-253%
|
15
N/A
|
26
+68%
|
|
EPS (Diluted) |
0.36
N/A
|
0.18
-50%
|
0.09
-50%
|
0.13
+44%
|
0.15
+15%
|
0.18
+20%
|
0.18
N/A
|
0.24
+33%
|
0.33
+38%
|
0.33
N/A
|
0.36
+9%
|
0.44
+22%
|
0.46
+5%
|
0.48
+4%
|
0.29
-40%
|
0.07
-76%
|
0.29
+314%
|
0.42
+45%
|
0.33
-21%
|
0.34
+3%
|
0.38
+12%
|
0.14
-63%
|
0.04
-71%
|
0.32
+700%
|
0.4
+25%
|
0.29
-28%
|
0.25
-14%
|
0.29
+16%
|
0.27
-7%
|
0.2
-26%
|
0.35
+75%
|
0.61
+74%
|
0.67
+10%
|
0.76
+13%
|
0.64
-16%
|
0.45
-30%
|
-0.03
N/A
|
-0.12
-300%
|
0.33
N/A
|
0.54
+64%
|