Restaurant Brands Asia Ltd
NSE:RBA
Income Statement
Earnings Waterfall
Restaurant Brands Asia Ltd
Income Statement
Restaurant Brands Asia Ltd
| Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||
| Interest Expense |
0
|
0
|
937
|
0
|
0
|
0
|
1 000
|
0
|
0
|
0
|
1 365
|
0
|
0
|
0
|
1 541
|
0
|
0
|
0
|
|
| Revenue |
8 797
N/A
|
9 964
+13%
|
14 903
+50%
|
18 298
+23%
|
21 091
+15%
|
23 556
+12%
|
20 543
-13%
|
21 758
+6%
|
22 760
+5%
|
23 539
+3%
|
24 371
+4%
|
24 730
+1%
|
24 805
+0%
|
25 153
+1%
|
25 507
+1%
|
26 018
+2%
|
26 728
+3%
|
27 484
+3%
|
|
| Gross Profit | |||||||||||||||||||
| Cost of Revenue |
(3 163)
|
(3 523)
|
(6 800)
|
(6 721)
|
(7 728)
|
(8 692)
|
(10 202)
|
(7 809)
|
(8 188)
|
(8 426)
|
(12 038)
|
(8 820)
|
(8 803)
|
(8 851)
|
(12 521)
|
(9 029)
|
(9 193)
|
(9 339)
|
|
| Gross Profit |
5 634
N/A
|
6 441
+14%
|
8 103
+26%
|
11 577
+43%
|
13 363
+15%
|
14 864
+11%
|
10 341
-30%
|
13 950
+35%
|
14 571
+4%
|
15 112
+4%
|
12 333
-18%
|
15 910
+29%
|
16 001
+1%
|
16 302
+2%
|
12 987
-20%
|
16 989
+31%
|
17 535
+3%
|
18 144
+3%
|
|
| Operating Income | |||||||||||||||||||
| Operating Expenses |
(6 568)
|
(7 208)
|
(9 445)
|
(13 293)
|
(15 419)
|
(17 283)
|
(12 040)
|
(15 572)
|
(16 001)
|
(16 280)
|
(13 307)
|
(17 030)
|
(17 173)
|
(17 594)
|
(13 992)
|
(17 933)
|
(18 464)
|
(18 925)
|
|
| Selling, General & Administrative |
(1 631)
|
(1 731)
|
(7 110)
|
(3 177)
|
(3 756)
|
(4 275)
|
(9 200)
|
(3 819)
|
(3 902)
|
(3 976)
|
(9 494)
|
(4 175)
|
(4 241)
|
(4 293)
|
(10 049)
|
(4 431)
|
(4 557)
|
(4 717)
|
|
| Depreciation & Amortization |
(1 564)
|
(1 573)
|
(2 336)
|
(2 707)
|
(3 041)
|
(3 374)
|
(2 840)
|
(2 928)
|
(3 046)
|
(3 171)
|
(3 561)
|
(3 690)
|
(3 811)
|
(3 944)
|
(3 715)
|
(3 732)
|
(3 794)
|
(3 845)
|
|
| Other Operating Expenses |
(3 373)
|
(3 904)
|
0
|
(7 409)
|
(8 621)
|
(9 634)
|
0
|
(8 826)
|
(9 053)
|
(9 134)
|
(252)
|
(9 165)
|
(9 121)
|
(9 357)
|
(228)
|
(9 771)
|
(10 113)
|
(10 363)
|
|
| Operating Income |
(934)
N/A
|
(766)
+18%
|
(1 342)
-75%
|
(1 717)
-28%
|
(2 055)
-20%
|
(2 419)
-18%
|
(1 699)
+30%
|
(1 623)
+5%
|
(1 430)
+12%
|
(1 168)
+18%
|
(974)
+17%
|
(1 121)
-15%
|
(1 172)
-5%
|
(1 292)
-10%
|
(1 006)
+22%
|
(945)
+6%
|
(929)
+2%
|
(780)
+16%
|
|
| Pre-Tax Income | |||||||||||||||||||
| Interest Income Expense |
(786)
|
(720)
|
(814)
|
(1 018)
|
(1 091)
|
(1 183)
|
(773)
|
(1 128)
|
(1 202)
|
(1 260)
|
(1 264)
|
(1 480)
|
(1 545)
|
(1 625)
|
(1 497)
|
(1 703)
|
(1 778)
|
(1 853)
|
|
| Non-Reccuring Items |
(56)
|
(56)
|
(273)
|
0
|
0
|
0
|
47
|
0
|
0
|
0
|
(141)
|
0
|
0
|
0
|
141
|
0
|
0
|
(23)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
241
|
146
|
78
|
318
|
382
|
429
|
9
|
301
|
227
|
182
|
14
|
251
|
219
|
272
|
33
|
387
|
468
|
484
|
|
| Pre-Tax Income |
(1 535)
N/A
|
(1 396)
+9%
|
(2 352)
-68%
|
(2 417)
-3%
|
(2 765)
-14%
|
(3 173)
-15%
|
(2 418)
+24%
|
(2 450)
-1%
|
(2 406)
+2%
|
(2 246)
+7%
|
(2 367)
-5%
|
(2 349)
+1%
|
(2 497)
-6%
|
(2 645)
-6%
|
(2 328)
+12%
|
(2 260)
+3%
|
(2 239)
+1%
|
(2 171)
+3%
|
|
| Net Income | |||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(1 535)
|
(1 396)
|
(2 352)
|
(2 417)
|
(2 765)
|
(3 173)
|
(2 418)
|
(2 450)
|
(2 406)
|
(2 246)
|
(2 367)
|
(2 349)
|
(2 497)
|
(2 645)
|
(2 328)
|
(2 260)
|
(2 239)
|
(2 171)
|
|
| Income to Minority Interest |
0
|
0
|
392
|
426
|
477
|
532
|
206
|
208
|
203
|
185
|
188
|
181
|
187
|
193
|
166
|
173
|
167
|
168
|
|
| Net Income (Common) |
(1 535)
N/A
|
(1 396)
+9%
|
(1 959)
-40%
|
(1 991)
-2%
|
(2 288)
-15%
|
(2 641)
-15%
|
(2 212)
+16%
|
(2 242)
-1%
|
(2 203)
+2%
|
(2 061)
+6%
|
(2 179)
-6%
|
(2 168)
+1%
|
(2 310)
-7%
|
(2 452)
-6%
|
(2 162)
+12%
|
(2 088)
+3%
|
(2 072)
+1%
|
(2 003)
+3%
|
|
| EPS (Diluted) |
-4.02
N/A
|
-3.59
+11%
|
-4.94
-38%
|
-4.02
+19%
|
-4.62
-15%
|
-5.34
-16%
|
-4.48
+16%
|
-4.53
-1%
|
-4.45
+2%
|
-4.16
+7%
|
-4.4
-6%
|
-4.34
+1%
|
-4.65
-7%
|
-4.93
-6%
|
-4.33
+12%
|
-3.58
+17%
|
-3.57
+0%
|
-3.45
+3%
|
|