Holland Colours NV
AEX:HOLCO
Income Statement
Earnings Waterfall
Holland Colours NV
Income Statement
Holland Colours NV
| Mar-2003 | Sep-2003 | Mar-2004 | Sep-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | Mar-2024 | Sep-2024 | Mar-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
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
|
|
| Revenue |
62
N/A
|
60
-4%
|
59
-1%
|
60
+1%
|
59
-1%
|
60
+1%
|
63
+4%
|
61
-3%
|
64
+6%
|
61
-5%
|
60
-1%
|
59
-1%
|
53
-10%
|
48
-10%
|
51
+7%
|
57
+11%
|
61
+6%
|
61
+0%
|
61
+1%
|
64
+5%
|
66
+2%
|
66
0%
|
66
+0%
|
64
-3%
|
68
+6%
|
72
+6%
|
74
+2%
|
76
+3%
|
77
+2%
|
81
+4%
|
84
+3%
|
87
+4%
|
91
+5%
|
98
+7%
|
102
+4%
|
98
-4%
|
96
-2%
|
102
+6%
|
110
+8%
|
119
+7%
|
111
-6%
|
101
-10%
|
103
+3%
|
108
+4%
|
112
+4%
|
112
0%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(32)
|
(31)
|
(31)
|
(32)
|
(31)
|
(31)
|
(33)
|
(31)
|
(34)
|
(32)
|
(32)
|
(32)
|
(29)
|
(25)
|
(27)
|
(29)
|
(31)
|
(32)
|
(34)
|
(36)
|
(36)
|
(35)
|
(35)
|
(34)
|
(36)
|
(37)
|
(39)
|
(39)
|
(40)
|
(43)
|
(46)
|
(47)
|
(51)
|
(54)
|
(57)
|
(52)
|
(51)
|
(53)
|
(60)
|
(66)
|
(65)
|
(55)
|
(56)
|
(55)
|
(59)
|
(58)
|
|
| Gross Profit |
30
N/A
|
28
-6%
|
28
-1%
|
28
+0%
|
28
-1%
|
29
+3%
|
30
+4%
|
29
-2%
|
30
+2%
|
28
-7%
|
28
+1%
|
27
-4%
|
25
-10%
|
23
-8%
|
24
+6%
|
28
+15%
|
30
+6%
|
28
-5%
|
27
-4%
|
28
+6%
|
30
+6%
|
31
+2%
|
30
-1%
|
30
0%
|
32
+5%
|
35
+9%
|
35
-1%
|
37
+6%
|
37
+1%
|
38
+3%
|
37
-2%
|
39
+5%
|
39
+0%
|
43
+10%
|
45
+3%
|
45
+2%
|
45
-1%
|
49
+10%
|
50
+1%
|
52
+5%
|
47
-11%
|
46
-2%
|
47
+3%
|
52
+11%
|
54
+2%
|
54
+2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(26)
|
(25)
|
(24)
|
(25)
|
(24)
|
(25)
|
(26)
|
(25)
|
(26)
|
(25)
|
(25)
|
(24)
|
(24)
|
(23)
|
(21)
|
(23)
|
(24)
|
(24)
|
(24)
|
(25)
|
(25)
|
(26)
|
(25)
|
(26)
|
(27)
|
(29)
|
(29)
|
(30)
|
(30)
|
(30)
|
(29)
|
(31)
|
(31)
|
(33)
|
(34)
|
(35)
|
(33)
|
(35)
|
(37)
|
(41)
|
(39)
|
(41)
|
(40)
|
(44)
|
(46)
|
(49)
|
|
| Selling, General & Administrative |
(12)
|
0
|
(11)
|
0
|
(12)
|
0
|
(12)
|
0
|
(12)
|
0
|
(12)
|
(6)
|
(12)
|
(12)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(18)
|
(15)
|
(18)
|
(16)
|
(20)
|
(17)
|
(21)
|
(17)
|
(21)
|
(18)
|
(22)
|
(19)
|
(24)
|
(20)
|
(24)
|
(20)
|
(26)
|
(24)
|
(28)
|
(23)
|
(28)
|
(23)
|
(32)
|
(24)
|
|
| Depreciation & Amortization |
(3)
|
0
|
(3)
|
0
|
(3)
|
0
|
(3)
|
0
|
(3)
|
0
|
(3)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
| Other Operating Expenses |
(11)
|
(25)
|
(10)
|
(25)
|
(10)
|
(25)
|
(11)
|
(25)
|
(11)
|
(25)
|
(10)
|
(16)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(6)
|
(9)
|
(6)
|
(11)
|
(6)
|
(11)
|
(7)
|
(11)
|
(6)
|
(11)
|
(7)
|
(11)
|
(7)
|
(11)
|
(6)
|
(12)
|
(7)
|
(14)
|
(8)
|
(14)
|
(9)
|
(18)
|
(10)
|
(21)
|
|
| Operating Income |
4
N/A
|
4
-15%
|
4
+4%
|
4
-3%
|
3
-5%
|
4
+12%
|
4
+15%
|
4
0%
|
4
-14%
|
3
-22%
|
3
+1%
|
3
+3%
|
0
-91%
|
(0)
N/A
|
3
N/A
|
5
+92%
|
5
+5%
|
4
-25%
|
3
-23%
|
4
+23%
|
5
+26%
|
5
+6%
|
5
+4%
|
5
-11%
|
5
+11%
|
5
+3%
|
6
+10%
|
7
+10%
|
7
+11%
|
8
+7%
|
8
+6%
|
8
-1%
|
9
+6%
|
10
+17%
|
11
+5%
|
11
-1%
|
12
+16%
|
14
+14%
|
14
-4%
|
11
-19%
|
7
-34%
|
5
-29%
|
7
+35%
|
9
+22%
|
8
-8%
|
6
-26%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
(0)
|
(1)
|
(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
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(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
|
|
| Total Other Income |
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
(0)
|
(1)
|
(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 |
3
N/A
|
3
-19%
|
3
+12%
|
3
+1%
|
2
-25%
|
3
+21%
|
3
+22%
|
4
+17%
|
3
-20%
|
2
-26%
|
2
-5%
|
2
+2%
|
(2)
N/A
|
(2)
-33%
|
2
N/A
|
4
+139%
|
5
+10%
|
4
-26%
|
3
-26%
|
3
+31%
|
5
+32%
|
5
+8%
|
5
+6%
|
5
-11%
|
5
+10%
|
5
+4%
|
6
+7%
|
7
+17%
|
7
+8%
|
8
+10%
|
8
+5%
|
8
0%
|
9
+7%
|
10
+17%
|
11
+5%
|
11
0%
|
12
+16%
|
14
+14%
|
14
-4%
|
11
-19%
|
7
-34%
|
5
-28%
|
7
+35%
|
9
+23%
|
8
-6%
|
6
-26%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
| Income from Continuing Operations |
2
|
2
|
2
|
2
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
(1)
|
(1)
|
1
|
3
|
3
|
2
|
2
|
2
|
3
|
3
|
4
|
3
|
3
|
3
|
4
|
4
|
5
|
6
|
6
|
6
|
6
|
7
|
8
|
8
|
10
|
11
|
10
|
8
|
6
|
4
|
5
|
6
|
6
|
5
|
|
| Income to Minority Interest |
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
|
|
| Net Income (Common) |
2
N/A
|
2
-15%
|
2
+9%
|
2
-1%
|
1
-29%
|
2
+22%
|
2
+26%
|
3
+27%
|
2
-25%
|
1
-63%
|
1
+13%
|
1
+71%
|
(1)
N/A
|
(1)
-65%
|
1
N/A
|
3
+142%
|
3
+12%
|
2
-25%
|
2
-28%
|
2
+34%
|
3
+28%
|
3
+5%
|
4
+16%
|
3
-8%
|
3
+6%
|
3
+0%
|
4
+5%
|
4
+19%
|
5
+19%
|
6
+12%
|
6
0%
|
6
+1%
|
6
+3%
|
7
+18%
|
8
+9%
|
8
+1%
|
9
+20%
|
11
+16%
|
10
-8%
|
8
-19%
|
6
-29%
|
4
-31%
|
5
+29%
|
6
+23%
|
6
-8%
|
5
-23%
|
|
| EPS (Diluted) |
2.29
N/A
|
1.96
-14%
|
2.13
+9%
|
2.12
0%
|
1.51
-29%
|
1.85
+23%
|
2.32
+25%
|
2.94
+27%
|
2.22
-24%
|
0.81
-64%
|
0.91
+12%
|
1.56
+71%
|
-0.72
N/A
|
-1.18
-64%
|
1.34
N/A
|
3.27
+144%
|
3.65
+12%
|
2.74
-25%
|
1.97
-28%
|
2.65
+35%
|
3.4
+28%
|
3.55
+4%
|
4.12
+16%
|
3.79
-8%
|
4.02
+6%
|
4.02
N/A
|
4.23
+5%
|
5.06
+20%
|
6.03
+19%
|
6.78
+12%
|
6.78
N/A
|
6.83
+1%
|
7.03
+3%
|
8.31
+18%
|
9.09
+9%
|
9.17
+1%
|
11.01
+20%
|
12.8
+16%
|
11.83
-8%
|
9.59
-19%
|
6.82
-29%
|
4.68
-31%
|
6.02
+29%
|
7.43
+23%
|
6.85
-8%
|
5.27
-23%
|
|