Evrofarma SA
ATHEX:EVROF
Income Statement
Earnings Waterfall
Evrofarma SA
Income Statement
Evrofarma SA
| Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2006 | Jun-2006 | Sep-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 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
|
| Revenue |
14
N/A
|
15
+4%
|
15
+1%
|
20
+37%
|
21
+3%
|
21
+2%
|
22
+2%
|
22
+4%
|
6
-75%
|
11
+104%
|
18
+58%
|
18
+2%
|
19
+3%
|
19
+2%
|
27
+38%
|
27
+1%
|
27
-1%
|
27
+1%
|
27
-1%
|
28
+2%
|
29
+3%
|
28
0%
|
29
+1%
|
29
+1%
|
28
-2%
|
28
+0%
|
29
+1%
|
29
0%
|
30
+5%
|
30
+2%
|
30
-3%
|
30
+0%
|
28
-4%
|
27
-7%
|
25
-7%
|
23
-8%
|
22
-5%
|
22
+2%
|
23
+6%
|
24
+2%
|
25
+3%
|
25
+3%
|
25
0%
|
26
+4%
|
28
+6%
|
29
+4%
|
30
+3%
|
15
-50%
|
31
+107%
|
31
+2%
|
33
+4%
|
35
+6%
|
33
-3%
|
32
-5%
|
34
+7%
|
36
+6%
|
37
+2%
|
39
+6%
|
45
+17%
|
49
+9%
|
49
-1%
|
47
-4%
|
46
-2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(11)
|
(11)
|
(11)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(4)
|
(8)
|
(13)
|
(13)
|
(14)
|
(14)
|
(20)
|
(20)
|
(21)
|
(21)
|
(20)
|
(22)
|
(23)
|
(22)
|
(23)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(23)
|
(23)
|
(23)
|
(22)
|
(22)
|
(21)
|
(18)
|
(15)
|
(13)
|
(12)
|
(16)
|
(16)
|
(16)
|
(16)
|
(15)
|
(15)
|
(16)
|
(17)
|
(18)
|
(10)
|
(20)
|
(19)
|
(20)
|
(22)
|
(22)
|
(21)
|
(23)
|
(24)
|
(26)
|
(28)
|
(31)
|
(33)
|
(33)
|
(31)
|
(29)
|
|
| Gross Profit |
3
N/A
|
4
+11%
|
4
+10%
|
6
+42%
|
6
+6%
|
6
+1%
|
7
+9%
|
6
-10%
|
2
-71%
|
4
+128%
|
5
+37%
|
5
-1%
|
6
+6%
|
5
-4%
|
7
+26%
|
7
+0%
|
6
-12%
|
6
+0%
|
7
+14%
|
5
-20%
|
6
+5%
|
6
+14%
|
6
-12%
|
8
+38%
|
8
-3%
|
7
-8%
|
7
+4%
|
7
-3%
|
7
-5%
|
7
+3%
|
7
-3%
|
7
+8%
|
7
-8%
|
5
-18%
|
6
+20%
|
7
+14%
|
9
+18%
|
10
+19%
|
8
-25%
|
8
+2%
|
8
+6%
|
9
+10%
|
10
+13%
|
11
+8%
|
12
+6%
|
12
-2%
|
12
+0%
|
5
-56%
|
11
+112%
|
12
+7%
|
12
+4%
|
12
0%
|
11
-6%
|
11
-5%
|
11
+1%
|
12
+6%
|
11
-8%
|
11
+2%
|
14
+28%
|
16
+16%
|
16
-4%
|
16
+0%
|
17
+6%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(8)
|
(9)
|
(9)
|
(9)
|
(7)
|
(7)
|
(8)
|
(9)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(4)
|
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(11)
|
(12)
|
(13)
|
|
| Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(1)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(6)
|
(7)
|
(7)
|
(6)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(2)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(4)
|
(5)
|
(4)
|
(5)
|
(4)
|
(5)
|
(4)
|
(5)
|
(6)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
(4)
|
(5)
|
(6)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
0
|
(3)
|
(6)
|
(6)
|
(6)
|
0
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(0)
|
0
|
(0)
|
|
| Other Operating Expenses |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(3)
|
(3)
|
(3)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(5)
|
0
|
1
|
1
|
1
|
(5)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Operating Income |
1
N/A
|
1
+23%
|
2
+75%
|
2
+23%
|
3
+3%
|
3
+10%
|
3
-10%
|
2
-4%
|
1
-77%
|
2
+175%
|
2
+23%
|
2
+4%
|
2
+16%
|
2
-12%
|
2
+6%
|
2
-27%
|
1
-59%
|
1
+33%
|
2
+89%
|
2
+12%
|
2
+10%
|
2
+3%
|
(0)
N/A
|
2
N/A
|
2
-9%
|
2
+4%
|
2
+22%
|
2
-15%
|
2
+5%
|
2
+5%
|
(1)
N/A
|
(2)
-29%
|
(3)
-39%
|
(3)
-19%
|
(0)
+98%
|
0
N/A
|
1
+1 967%
|
1
+79%
|
1
-26%
|
1
+23%
|
1
-27%
|
1
+31%
|
2
+55%
|
2
+44%
|
3
+38%
|
3
-5%
|
3
-9%
|
1
-68%
|
2
+118%
|
2
+27%
|
2
-9%
|
2
+10%
|
2
+5%
|
2
-25%
|
2
-11%
|
2
+13%
|
0
-77%
|
0
-73%
|
2
+2 032%
|
4
+64%
|
4
+4%
|
4
-1%
|
4
-5%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
|
| Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
|
| Pre-Tax Income |
0
N/A
|
0
+289%
|
1
+131%
|
1
+22%
|
1
+2%
|
1
+22%
|
1
+2%
|
1
+14%
|
0
-80%
|
1
+254%
|
1
+20%
|
1
+7%
|
1
+17%
|
1
-21%
|
1
-28%
|
0
-61%
|
(1)
N/A
|
(0)
+20%
|
0
N/A
|
0
N/A
|
(0)
N/A
|
(0)
+3%
|
(0)
-26%
|
(0)
+40%
|
0
N/A
|
1
+17%
|
1
-6%
|
0
-45%
|
0
-4%
|
0
+15%
|
(3)
N/A
|
(4)
-15%
|
(5)
-26%
|
(6)
-13%
|
(3)
+55%
|
(2)
+4%
|
(2)
+28%
|
(1)
+32%
|
(1)
+50%
|
(1)
+10%
|
(0)
+44%
|
0
N/A
|
0
+49%
|
1
+254%
|
1
+44%
|
1
-18%
|
1
+2%
|
0
-64%
|
1
+165%
|
2
+46%
|
1
-22%
|
1
-31%
|
0
-63%
|
0
-33%
|
1
+439%
|
1
+19%
|
(0)
N/A
|
(1)
-227%
|
2
N/A
|
3
+113%
|
3
-17%
|
3
+2%
|
3
+5%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(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
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(5)
|
(5)
|
(3)
|
(2)
|
(2)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
(0)
|
(1)
|
1
|
3
|
2
|
2
|
2
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
1
N/A
|
1
+17%
|
1
+43%
|
1
+10%
|
1
-1%
|
1
+15%
|
1
+2%
|
1
-8%
|
0
-86%
|
0
-27%
|
0
+91%
|
0
+10%
|
1
+204%
|
0
-33%
|
0
-49%
|
(0)
N/A
|
(1)
-281%
|
(0)
+48%
|
0
N/A
|
0
+243%
|
(0)
N/A
|
(0)
-78%
|
(0)
+20%
|
(0)
-6%
|
0
N/A
|
0
+100%
|
0
-60%
|
0
-25%
|
0
+67%
|
0
-40%
|
(3)
N/A
|
(3)
-19%
|
(5)
-30%
|
(5)
-11%
|
(3)
+46%
|
(2)
+13%
|
(2)
+31%
|
(1)
+23%
|
(0)
+68%
|
(1)
-25%
|
(0)
+46%
|
0
N/A
|
(0)
N/A
|
0
N/A
|
0
+100%
|
0
N/A
|
1
+32%
|
0
-49%
|
1
+98%
|
1
+69%
|
1
+8%
|
1
-43%
|
0
-72%
|
0
+75%
|
1
+286%
|
1
+30%
|
(0)
N/A
|
(1)
-192%
|
1
N/A
|
3
+101%
|
2
-23%
|
2
-1%
|
2
+4%
|
|
| EPS (Diluted) |
0.04
N/A
|
0.05
+25%
|
0.07
+40%
|
0.07
N/A
|
0.08
+14%
|
0.09
+12%
|
0.09
N/A
|
0.08
-11%
|
0.01
-88%
|
0.01
N/A
|
0.02
+100%
|
0.02
N/A
|
0.05
+150%
|
0.03
-40%
|
0.02
-33%
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
-0.03
N/A
|
-0.03
N/A
|
-0.02
+33%
|
-0.03
-50%
|
0.01
N/A
|
0.02
+100%
|
0.01
-50%
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
-0.21
N/A
|
-0.26
-24%
|
-0.34
-31%
|
-0.37
-9%
|
-0.2
+46%
|
-0.17
+15%
|
-0.11
+35%
|
-0.09
+18%
|
-0.03
+67%
|
-0.04
-33%
|
-0.03
+25%
|
0
N/A
|
-0.02
N/A
|
0.01
N/A
|
0.03
+200%
|
0.03
N/A
|
0.04
+33%
|
0.02
-50%
|
0.04
+100%
|
0.07
+75%
|
0.07
N/A
|
0.04
-43%
|
0.01
-75%
|
0.02
+100%
|
0.08
+300%
|
0.1
+25%
|
-0.03
N/A
|
-0.08
-167%
|
0.1
N/A
|
0.21
+110%
|
0.16
-24%
|
0.16
N/A
|
0.17
+6%
|
|