Voyatzoglou SA
ATHEX:VOSYS
Income Statement
Earnings Waterfall
Voyatzoglou SA
Income Statement
Voyatzoglou SA
| Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | 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-2017 | Jun-2017 | Mar-2018 | Jun-2018 | Dec-2018 | Mar-2019 | Jun-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
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
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
|
0
|
|
| Revenue |
14
N/A
|
21
+48%
|
22
+7%
|
23
+4%
|
24
+3%
|
24
+1%
|
24
0%
|
25
+2%
|
25
0%
|
25
+1%
|
25
+2%
|
26
+1%
|
28
+7%
|
29
+7%
|
32
+9%
|
33
+3%
|
34
+4%
|
37
+8%
|
37
-1%
|
41
+12%
|
44
+7%
|
43
-1%
|
43
+0%
|
39
-11%
|
33
-14%
|
30
-9%
|
30
0%
|
30
+1%
|
32
+5%
|
33
+5%
|
30
-9%
|
29
-3%
|
29
-3%
|
26
-8%
|
26
-3%
|
24
-6%
|
22
-11%
|
19
-11%
|
18
-5%
|
16
-11%
|
17
+6%
|
17
+0%
|
18
+2%
|
18
+4%
|
18
-1%
|
19
+4%
|
19
-2%
|
19
+4%
|
18
-8%
|
16
-11%
|
5
-69%
|
11
+115%
|
12
+7%
|
18
+55%
|
23
+30%
|
29
+23%
|
24
-17%
|
27
+13%
|
37
+39%
|
24
-36%
|
28
+16%
|
28
+2%
|
29
+4%
|
35
+18%
|
36
+4%
|
38
+4%
|
41
+8%
|
42
+2%
|
40
-4%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(9)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(18)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(24)
|
(26)
|
(26)
|
(26)
|
(24)
|
(21)
|
(19)
|
(19)
|
(19)
|
(21)
|
(22)
|
(20)
|
(19)
|
(19)
|
(17)
|
(16)
|
(15)
|
(14)
|
(12)
|
(11)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(13)
|
(12)
|
(13)
|
(12)
|
(10)
|
(3)
|
(7)
|
(8)
|
(12)
|
(15)
|
(19)
|
(15)
|
(18)
|
(25)
|
(16)
|
(19)
|
(19)
|
(19)
|
(24)
|
(25)
|
(26)
|
(29)
|
(30)
|
(29)
|
|
| Gross Profit |
5
N/A
|
8
+49%
|
8
+9%
|
9
+7%
|
9
+5%
|
9
+1%
|
9
+1%
|
9
-1%
|
9
-2%
|
9
+2%
|
10
+3%
|
10
+3%
|
11
+11%
|
12
+5%
|
13
+9%
|
13
+1%
|
13
+5%
|
15
+9%
|
14
-2%
|
17
+17%
|
18
+7%
|
18
-1%
|
18
+0%
|
15
-15%
|
13
-16%
|
11
-11%
|
11
-3%
|
11
+2%
|
11
+3%
|
12
+4%
|
11
-9%
|
10
-4%
|
10
-3%
|
9
-7%
|
9
-2%
|
9
-2%
|
8
-11%
|
7
-11%
|
7
-4%
|
6
-12%
|
6
+8%
|
6
-6%
|
6
-3%
|
6
+3%
|
6
-5%
|
6
+11%
|
6
0%
|
7
+5%
|
6
-6%
|
6
-10%
|
2
-68%
|
4
+108%
|
4
+1%
|
6
+52%
|
8
+39%
|
10
+22%
|
8
-15%
|
9
+5%
|
12
+38%
|
7
-37%
|
9
+17%
|
10
+10%
|
10
+3%
|
11
+10%
|
11
+4%
|
11
0%
|
12
+8%
|
12
-1%
|
11
-8%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(4)
|
(6)
|
(6)
|
(6)
|
(4)
|
(7)
|
(7)
|
(7)
|
(10)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(8)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(1)
|
(3)
|
(3)
|
(4)
|
(6)
|
(8)
|
(7)
|
(7)
|
(10)
|
(7)
|
(7)
|
(7)
|
(7)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
|
| Selling, General & Administrative |
(4)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(9)
|
(8)
|
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(1)
|
(3)
|
(3)
|
(5)
|
(6)
|
(8)
|
(7)
|
(7)
|
(10)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
3
|
0
|
(0)
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
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
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
1
N/A
|
2
+90%
|
2
+17%
|
3
+23%
|
6
+111%
|
3
-54%
|
3
+6%
|
3
-10%
|
(1)
N/A
|
2
N/A
|
2
-1%
|
2
+5%
|
3
+63%
|
3
+5%
|
4
+15%
|
3
-12%
|
3
+5%
|
4
+19%
|
3
-15%
|
5
+63%
|
6
+6%
|
5
-15%
|
5
+1%
|
2
-56%
|
0
-80%
|
0
-91%
|
0
+125%
|
1
+700%
|
1
+88%
|
2
+57%
|
0
-84%
|
0
-6%
|
0
-16%
|
1
+300%
|
2
+104%
|
2
-2%
|
1
-33%
|
(0)
N/A
|
(0)
+61%
|
(0)
-262%
|
0
N/A
|
0
+57%
|
(0)
N/A
|
(0)
+65%
|
(0)
-417%
|
0
N/A
|
1
+147%
|
1
+64%
|
1
-43%
|
0
-82%
|
0
+225%
|
1
+124%
|
1
+3%
|
1
+48%
|
2
+32%
|
2
+6%
|
2
-2%
|
2
+14%
|
2
+12%
|
1
-62%
|
2
+105%
|
3
+71%
|
3
-11%
|
2
-7%
|
2
-6%
|
2
-21%
|
2
+22%
|
1
-46%
|
(1)
N/A
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
1
|
1
|
1
|
(1)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(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)
|
(1)
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
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)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(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 |
1
N/A
|
1
+93%
|
2
+33%
|
2
+19%
|
5
+136%
|
5
-11%
|
2
-51%
|
2
-12%
|
(1)
N/A
|
1
N/A
|
1
N/A
|
1
+5%
|
2
+88%
|
3
+9%
|
3
+16%
|
3
-11%
|
3
+1%
|
3
+19%
|
3
-19%
|
5
+78%
|
5
+9%
|
4
-17%
|
4
+2%
|
2
-64%
|
(0)
N/A
|
(0)
-187%
|
(0)
+16%
|
0
N/A
|
1
+214%
|
2
+85%
|
1
-52%
|
1
-6%
|
1
-9%
|
(0)
N/A
|
(0)
+17%
|
(0)
-8%
|
(1)
-151%
|
(1)
-3%
|
(1)
+23%
|
(1)
-41%
|
(0)
+62%
|
(2)
-341%
|
(3)
-29%
|
(2)
+7%
|
(3)
-7%
|
0
N/A
|
0
+879%
|
1
+98%
|
0
-48%
|
(0)
N/A
|
0
N/A
|
1
+121%
|
1
+2%
|
1
+48%
|
1
+29%
|
2
+4%
|
1
-3%
|
2
+9%
|
2
+6%
|
1
-70%
|
1
+176%
|
3
+91%
|
2
-12%
|
2
-10%
|
2
+8%
|
2
-19%
|
2
+1%
|
1
-64%
|
(1)
N/A
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
(0)
|
(1)
|
(2)
|
0
|
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
| Income from Continuing Operations |
1
|
1
|
2
|
2
|
4
|
5
|
2
|
2
|
(0)
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
1
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
1
|
1
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
(1)
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
1
N/A
|
1
+93%
|
2
+18%
|
2
+1%
|
4
+124%
|
5
+25%
|
2
-51%
|
2
-5%
|
(0)
N/A
|
0
N/A
|
1
+6%
|
1
+4%
|
2
+198%
|
2
+25%
|
2
+13%
|
2
-6%
|
2
-5%
|
2
+2%
|
2
-23%
|
3
+86%
|
3
+10%
|
3
-11%
|
3
+1%
|
1
-70%
|
(0)
N/A
|
(1)
-41%
|
(1)
+5%
|
(0)
+95%
|
0
N/A
|
1
+109%
|
0
-72%
|
0
N/A
|
0
-12%
|
(0)
N/A
|
(0)
+6%
|
(0)
-9%
|
(1)
-135%
|
(1)
-66%
|
(1)
+11%
|
(2)
-20%
|
(1)
+16%
|
(2)
-89%
|
(3)
-11%
|
(3)
-4%
|
(3)
+8%
|
0
N/A
|
0
+124%
|
1
+233%
|
1
-45%
|
(0)
N/A
|
0
N/A
|
1
+72%
|
1
-1%
|
1
+63%
|
1
+16%
|
1
+2%
|
1
-13%
|
1
N/A
|
1
-2%
|
0
-74%
|
1
+280%
|
2
+107%
|
2
-6%
|
2
-13%
|
2
+10%
|
2
-15%
|
2
-5%
|
1
-64%
|
(1)
N/A
|
|
| EPS (Diluted) |
0.11
N/A
|
0.23
+109%
|
0.26
+13%
|
0.27
+4%
|
0.61
+126%
|
0.76
+25%
|
0.38
-50%
|
0.36
-5%
|
-0.02
N/A
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.25
+212%
|
0.31
+24%
|
0.35
+13%
|
0.33
-6%
|
0.31
-6%
|
0.32
+3%
|
0.25
-22%
|
0.46
+84%
|
0.51
+11%
|
0.45
-12%
|
0.45
N/A
|
0.13
-71%
|
-0.07
N/A
|
-0.09
-29%
|
-0.09
N/A
|
0
N/A
|
0.07
N/A
|
0.15
+114%
|
0.04
-73%
|
0.04
N/A
|
0.04
N/A
|
-0.06
N/A
|
-0.04
+33%
|
-0.05
-25%
|
-0.13
-160%
|
-0.23
-77%
|
-0.2
+13%
|
-0.24
-20%
|
-0.2
+17%
|
-0.39
-95%
|
-0.43
-10%
|
-0.45
-5%
|
-0.42
+7%
|
0.02
N/A
|
0.04
+100%
|
0.15
+275%
|
0.08
-47%
|
0
N/A
|
0.06
N/A
|
0.1
+67%
|
0.1
N/A
|
0.16
+60%
|
0.18
+12%
|
0.19
+6%
|
0.16
-16%
|
0.16
N/A
|
0.16
N/A
|
0.04
-75%
|
0.16
+300%
|
0.33
+106%
|
0.31
-6%
|
0.27
-13%
|
0.3
+11%
|
0.25
-17%
|
0.24
-4%
|
0.09
-63%
|
-0.18
N/A
|
|