Sarine Technologies Ltd
SGX:U77
Income Statement
Earnings Waterfall
Sarine Technologies Ltd
Income Statement
Sarine Technologies Ltd
| Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest 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
|
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
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
19
N/A
|
22
+19%
|
26
+17%
|
29
+13%
|
30
+3%
|
33
+9%
|
31
-7%
|
30
-4%
|
31
+6%
|
32
+2%
|
35
+9%
|
37
+4%
|
37
+2%
|
38
+4%
|
40
+5%
|
40
-2%
|
33
-17%
|
24
-29%
|
16
-32%
|
14
-16%
|
21
+58%
|
34
+59%
|
45
+31%
|
47
+5%
|
46
-2%
|
44
-3%
|
46
+3%
|
53
+16%
|
58
+9%
|
65
+13%
|
68
+4%
|
64
-6%
|
64
+0%
|
64
+1%
|
68
+6%
|
74
+8%
|
76
+3%
|
81
+5%
|
83
+3%
|
86
+4%
|
88
+2%
|
76
-14%
|
65
-14%
|
54
-17%
|
48
-11%
|
52
+7%
|
58
+12%
|
66
+13%
|
73
+10%
|
73
+1%
|
71
-4%
|
65
-8%
|
59
-9%
|
59
+1%
|
59
0%
|
59
+1%
|
59
-1%
|
53
-10%
|
46
-12%
|
49
+5%
|
51
+5%
|
51
0%
|
41
-20%
|
55
+33%
|
62
+14%
|
57
-8%
|
59
+3%
|
51
-13%
|
43
-16%
|
41
-4%
|
39
-5%
|
33
-17%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(12)
|
(9)
|
(7)
|
(8)
|
(9)
|
(12)
|
(15)
|
(16)
|
(16)
|
(16)
|
(17)
|
(19)
|
(20)
|
(21)
|
(21)
|
(20)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(23)
|
(25)
|
(26)
|
(23)
|
(20)
|
(18)
|
(16)
|
(17)
|
(19)
|
(21)
|
(22)
|
(22)
|
(22)
|
(20)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(19)
|
(20)
|
(22)
|
(20)
|
(14)
|
(15)
|
(16)
|
(16)
|
(18)
|
(17)
|
(16)
|
(16)
|
(16)
|
(15)
|
|
| Gross Profit |
13
N/A
|
15
+19%
|
18
+19%
|
21
+14%
|
21
+1%
|
23
+9%
|
21
-9%
|
19
-6%
|
20
+6%
|
21
+2%
|
23
+11%
|
24
+4%
|
24
+1%
|
25
+4%
|
26
+4%
|
26
-1%
|
21
-19%
|
14
-33%
|
9
-40%
|
6
-32%
|
12
+116%
|
22
+75%
|
30
+36%
|
31
+5%
|
29
-6%
|
28
-5%
|
29
+3%
|
34
+19%
|
38
+12%
|
44
+16%
|
47
+5%
|
44
-6%
|
43
-1%
|
44
+1%
|
47
+7%
|
52
+11%
|
55
+5%
|
58
+6%
|
60
+4%
|
62
+3%
|
62
+1%
|
52
-16%
|
45
-14%
|
37
-18%
|
33
-11%
|
35
+8%
|
39
+11%
|
45
+15%
|
50
+12%
|
51
+1%
|
49
-4%
|
44
-9%
|
39
-12%
|
40
+1%
|
39
-1%
|
40
+0%
|
39
-2%
|
33
-14%
|
28
-17%
|
29
+3%
|
30
+4%
|
31
+5%
|
27
-13%
|
40
+49%
|
46
+14%
|
41
-10%
|
41
-1%
|
35
-15%
|
27
-21%
|
25
-9%
|
23
-8%
|
18
-22%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(16)
|
(17)
|
(17)
|
(17)
|
(15)
|
(13)
|
(11)
|
(10)
|
(11)
|
(13)
|
(13)
|
(15)
|
(15)
|
(16)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(19)
|
(20)
|
(21)
|
(23)
|
(25)
|
(26)
|
(28)
|
(29)
|
(29)
|
(29)
|
(29)
|
(28)
|
(27)
|
(27)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(30)
|
(30)
|
(29)
|
(28)
|
(29)
|
(28)
|
(28)
|
(28)
|
(28)
|
(26)
|
(23)
|
(23)
|
(27)
|
(29)
|
(30)
|
(30)
|
(29)
|
(27)
|
(23)
|
(20)
|
|
| Selling, General & Administrative |
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(11)
|
(10)
|
(8)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(16)
|
(16)
|
(17)
|
(18)
|
(18)
|
(18)
|
(19)
|
(18)
|
(17)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(19)
|
(20)
|
(19)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(19)
|
(16)
|
(16)
|
(19)
|
(20)
|
(21)
|
(21)
|
(21)
|
(19)
|
(16)
|
(14)
|
|
| Research & Development |
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(7)
|
(6)
|
|
| Other Operating Expenses |
(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
|
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
|
|
| Operating Income |
6
N/A
|
8
+28%
|
10
+26%
|
12
+16%
|
11
-6%
|
12
+7%
|
9
-23%
|
7
-20%
|
8
+10%
|
8
+3%
|
10
+21%
|
11
+4%
|
10
-7%
|
10
-3%
|
10
+1%
|
9
-12%
|
4
-49%
|
(1)
N/A
|
(4)
-455%
|
(5)
-25%
|
2
N/A
|
10
+388%
|
17
+63%
|
18
+4%
|
14
-19%
|
12
-13%
|
12
-1%
|
17
+39%
|
21
+24%
|
26
+24%
|
29
+8%
|
26
-10%
|
24
-5%
|
24
-1%
|
26
+7%
|
29
+12%
|
30
+3%
|
32
+6%
|
32
+2%
|
33
+2%
|
33
+0%
|
23
-31%
|
16
-29%
|
9
-47%
|
5
-36%
|
8
+52%
|
12
+40%
|
17
+44%
|
21
+25%
|
21
-2%
|
18
-13%
|
14
-25%
|
9
-31%
|
10
+4%
|
10
+5%
|
11
+7%
|
10
-10%
|
6
-44%
|
0
-99%
|
0
+518%
|
1
+250%
|
5
+351%
|
4
-14%
|
17
+290%
|
19
+13%
|
13
-33%
|
11
-13%
|
5
-56%
|
(2)
N/A
|
(2)
+1%
|
0
N/A
|
(2)
N/A
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
0
|
2
|
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
|
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
|
|
| 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
|
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 |
6
N/A
|
8
+27%
|
11
+29%
|
12
+17%
|
12
-5%
|
13
+8%
|
10
-22%
|
8
-17%
|
9
+9%
|
9
+3%
|
11
+20%
|
12
+5%
|
11
-9%
|
10
-5%
|
10
-1%
|
9
-14%
|
3
-62%
|
(2)
N/A
|
(5)
-191%
|
(6)
-16%
|
2
N/A
|
10
+519%
|
16
+65%
|
17
+3%
|
14
-17%
|
12
-13%
|
12
+3%
|
17
+38%
|
21
+25%
|
27
+24%
|
29
+7%
|
26
-9%
|
25
-5%
|
24
-1%
|
26
+7%
|
29
+11%
|
30
+3%
|
32
+6%
|
32
+3%
|
33
+3%
|
33
-1%
|
23
-31%
|
16
-30%
|
8
-49%
|
5
-34%
|
8
+57%
|
12
+42%
|
18
+49%
|
22
+24%
|
21
-3%
|
19
-13%
|
14
-26%
|
9
-31%
|
10
+5%
|
10
+5%
|
11
+7%
|
10
-9%
|
6
-45%
|
(0)
N/A
|
(0)
+12%
|
0
N/A
|
5
+955%
|
4
-13%
|
16
+297%
|
19
+19%
|
12
-34%
|
11
-9%
|
6
-51%
|
(1)
N/A
|
(2)
-22%
|
1
N/A
|
0
-98%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(6)
|
(6)
|
(7)
|
(7)
|
(5)
|
(6)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
5
|
6
|
8
|
10
|
9
|
10
|
8
|
7
|
8
|
8
|
10
|
10
|
8
|
8
|
9
|
8
|
2
|
(3)
|
(7)
|
(8)
|
2
|
8
|
14
|
14
|
11
|
10
|
10
|
14
|
17
|
22
|
23
|
22
|
21
|
21
|
23
|
23
|
24
|
25
|
25
|
28
|
27
|
19
|
13
|
6
|
4
|
6
|
9
|
14
|
18
|
17
|
15
|
10
|
6
|
6
|
7
|
8
|
8
|
3
|
(2)
|
(2)
|
(1)
|
3
|
2
|
14
|
16
|
10
|
9
|
3
|
(3)
|
(3)
|
1
|
(0)
|
|
| Net Income (Common) |
5
N/A
|
6
+30%
|
8
+34%
|
10
+24%
|
9
-4%
|
10
+10%
|
8
-21%
|
7
-19%
|
8
+27%
|
8
-2%
|
10
+17%
|
10
+2%
|
8
-18%
|
8
-3%
|
9
+12%
|
8
-12%
|
2
-79%
|
(3)
N/A
|
(7)
-137%
|
(8)
-9%
|
2
N/A
|
8
+450%
|
14
+66%
|
14
+3%
|
11
-23%
|
10
-10%
|
10
+4%
|
14
+33%
|
17
+25%
|
22
+26%
|
23
+7%
|
22
-7%
|
21
-5%
|
21
+1%
|
23
+8%
|
23
+2%
|
24
+3%
|
25
+4%
|
25
+1%
|
28
+10%
|
27
-2%
|
19
-30%
|
13
-31%
|
6
-54%
|
4
-40%
|
6
+58%
|
9
+59%
|
14
+60%
|
18
+24%
|
17
-3%
|
15
-16%
|
10
-31%
|
6
-43%
|
6
+11%
|
7
+14%
|
8
+11%
|
8
-6%
|
3
-59%
|
(2)
N/A
|
(2)
-1%
|
(1)
+45%
|
3
N/A
|
2
-10%
|
14
+482%
|
16
+19%
|
10
-37%
|
9
-16%
|
3
-64%
|
(3)
N/A
|
(3)
+2%
|
1
N/A
|
(0)
N/A
|
|
| EPS (Diluted) |
0.02
N/A
|
0.03
+50%
|
0.04
+33%
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.04
+33%
|
0.04
N/A
|
0.02
-50%
|
0.03
+50%
|
0.03
N/A
|
0.02
-33%
|
0
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.02
N/A
|
0
N/A
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.03
+50%
|
0.05
+67%
|
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.07
+17%
|
0.07
N/A
|
0.07
N/A
|
0.08
+14%
|
0.08
N/A
|
0.05
-38%
|
0.04
-20%
|
0.02
-50%
|
0.01
-50%
|
0.02
+100%
|
0.03
+50%
|
0.04
+33%
|
0.05
+25%
|
0.05
N/A
|
0.04
-20%
|
0.03
-25%
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.04
+300%
|
0.05
+25%
|
0.03
-40%
|
0.03
N/A
|
0.01
-67%
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
|