2258 Income Statement - TTM - Watts International Maritime Company Limited

Income Statement (TTM)

Watts International Maritime Company Limited Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	1,805	1,818	1,997	2,176	2,219	2,263	2,295	2,326	2,201	2,076	2,083	2,090	2,117	2,144	1,982	1,820	1,677	1,534	1,551	1,569
Change (%)		0.76	9.84	8.95	1.99	1.95	1.40	1.38	-5.39	-5.70	0.35	0.35	1.28	1.27	-7.54	-8.16	-7.86	-8.53	1.12	1.11
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	1,597	1,616	1,787	1,959	2,007	2,055	2,091	2,126	2,015	1,904	1,917	1,929	1,950	1,970	1,822	1,673	1,554	1,436	1,450	1,465
Change (%)		1.14	10.62	9.60	2.45	2.39	1.73	1.70	-5.21	-5.50	0.65	0.65	1.06	1.05	-7.54	-8.15	-7.10	-7.64	1.01	1.00
% of Revenue	88.52	88.86	89.49	90.03	90.43	90.82	91.11	91.39	91.56	91.76	92.03	92.31	92.10	91.90	91.91	91.91	92.67	93.58	93.47	93.36

Gross Operating Profit	207	203	210	217	212	208	204	200	186	171	166	161	167	174	160	147	123	99	101	104
Change (%)		-2.23	3.55	3.43	-2.14	-2.18	-1.80	-1.83	-7.28	-7.85	-3.01	-3.11	3.96	3.81	-7.58	-8.21	-16.54	-19.81	2.83	2.75
% of Revenue	11.48	11.14	10.51	9.97	9.57	9.18	8.89	8.61	8.44	8.24	7.97	7.69	7.90	8.10	8.09	8.09	7.33	6.42	6.53	6.64

SG&A	118	123	128	133	136	138	141	144	135	127	121	114	111	109	109	109	131	153	150	146
Change (%)		4.28	3.92	3.77	2.01	1.97	2.10	2.06	-6.07	-6.46	-4.89	-5.14	-2.54	-2.61	0.31	0.31	20.14	16.76	-2.25	-2.30
% of Revenue	6.56	6.78	6.42	6.11	6.12	6.12	6.16	6.20	6.16	6.10	5.79	5.47	5.26	5.06	5.49	6.00	7.82	9.98	9.65	9.32

R&D
Change (%)
% of Revenue

OpEx	1,710	1,734	1,909	2,084	2,136	2,188	2,223	2,258	2,144	2,029	2,036	2,044	2,060	2,075	1,974	1,873	1,729	1,586	1,545	1,504
Change (%)		1.43	10.10	9.17	2.49	2.43	1.61	1.58	-5.08	-5.35	0.37	0.37	0.77	0.76	-4.88	-5.14	-7.65	-8.28	-2.58	-2.65
% of Revenue	94.73	95.36	95.59	95.78	96.25	96.70	96.89	97.08	97.40	97.75	97.77	97.79	97.29	96.81	99.59	102.87	103.11	103.39	99.61	95.91

Operating Income	95	84	88	92	83	75	71	68	57	47	46	46	57	68	8	-52	-52	-52	6	64
Change (%)		-11.28	4.43	4.24	-9.28	-10.23	-4.60	-4.82	-15.57	-18.44	-0.53	-0.53	23.90	19.29	-88.24	-750.22	-0.21	-0.21	-111.64	959.30
% of Revenue	5.27	4.64	4.41	4.22	3.75	3.30	3.11	2.92	2.60	2.25	2.23	2.21	2.71	3.19	0.41	-2.87	-3.11	-3.39	0.39	4.09

Interest Expense	-5	-3	-4	-4	-4	-4	-5	-6	-6	-8	-10	-11	-11	-12	-10	-8	-8	-10	-10	-9
Change (%)		-29.68	14.35	12.55	-0.08	-0.99	25.13	20.08	-0.41	31.69	16.83	14.40	-0.00	10.59	-17.60	-21.36	0.88	27.97	-8.42	-9.20
% of Revenue	-0.26	-0.18	-0.19	-0.20	-0.19	-0.19	-0.23	-0.28	-0.29	-0.40	-0.47	-0.54	-0.53	-0.58	-0.52	-0.44	-0.48	-0.68	-0.61	-0.55

Net Income	63	47	47	48	47	47	43	38	33	27	25	24	27	31	-37	-105	-87	-69	1	70
Change (%)		-25.93	0.99	0.98	-0.74	-0.74	-9.42	-10.40	-14.53	-17.00	-6.09	-6.48	14.60	12.74	-220.93	182.69	-17.06	-20.57	-100.77	13,019.59
% of Revenue	3.50	2.58	2.37	2.20	2.14	2.08	1.86	1.64	1.48	1.31	1.22	1.14	1.29	1.43	-1.88	-5.77	-5.20	-4.51	0.03	4.48

Source: Capital IQ

Watts International Maritime Company Limited - Income Statement (TTM)

Income Statement (TTM)