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G8 Education (ASX:GEM) Other Income (Expense) : A$15.5 Mil (TTM As of Dec. 2023)


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What is G8 Education Other Income (Expense)?

G8 Education's other income expense for the G8 Education's pretax income for the six months ended in Dec. 2023 was A$14.5 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$15.5 Mil.

G8 Education Other Income (Expense) Historical Data

The historical data trend for G8 Education's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

G8 Education Other Income (Expense) Chart

G8 Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.09 -96.27 33.58 3.53 15.47

G8 Education Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.08 3.00 0.53 0.96 14.51

G8 Education Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$15.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

G8 Education  (ASX:GEM) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

G8 Education (ASX:GEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » G8 Education Ltd (ASX:GEM) » Definitions » Other Income (Expense)
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Traded in Other Exchanges
3EAG:Germany
Address
159 Varsity Parade, Varsity Lakes, Gold Coast, QLD, AUS, 4227
Website
https://www.g8education.edu.au
G8 Education Ltd operates a portfolio of around 438 childcare centres in Australia, implying a market share of less than 10%. The company relies on government subsidies, which comprise around 60% of childcare fees, but we expect subsidies to grow with childcare demand. G8 does not own the buildings from which its childcare centres operate, and labour costs comprise around 60% of revenue. Rental costs comprise around 10-15%.