Garovaglio y Zorraquin SA
BCBA:GARO
Income Statement
Earnings Waterfall
Garovaglio y Zorraquin SA
Income Statement
Garovaglio y Zorraquin SA
| 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-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
417
N/A
|
430
+3%
|
452
+5%
|
468
+4%
|
541
+16%
|
596
+10%
|
616
+3%
|
649
+5%
|
672
+3%
|
754
+12%
|
858
+14%
|
952
+11%
|
996
+5%
|
1 038
+4%
|
1 032
-1%
|
1 006
-3%
|
1 043
+4%
|
1 075
+3%
|
1 306
+22%
|
1 512
+16%
|
1 727
+14%
|
1 988
+15%
|
1 701
-14%
|
1 731
+2%
|
2 936
+70%
|
2 499
-15%
|
3 798
+52%
|
4 090
+8%
|
2 987
-27%
|
3 876
+30%
|
4 899
+26%
|
6 512
+33%
|
8 109
+25%
|
11 128
+37%
|
19 225
+73%
|
21 219
+10%
|
21 086
-1%
|
10 545
-50%
|
14 899
+41%
|
18 774
+26%
|
20 671
+10%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(276)
|
(288)
|
(305)
|
(315)
|
(343)
|
(363)
|
(372)
|
(389)
|
(405)
|
(453)
|
(509)
|
(568)
|
(599)
|
(642)
|
(650)
|
(652)
|
(678)
|
(696)
|
(838)
|
(977)
|
(1 122)
|
(1 324)
|
(1 126)
|
(1 204)
|
(2 116)
|
(1 862)
|
(2 833)
|
(3 027)
|
(2 371)
|
(3 020)
|
(3 573)
|
(4 606)
|
(5 607)
|
(7 629)
|
(13 239)
|
(14 956)
|
(14 915)
|
(8 013)
|
(10 931)
|
(13 160)
|
(14 278)
|
|
| Gross Profit |
141
N/A
|
142
+1%
|
147
+3%
|
153
+4%
|
198
+29%
|
234
+18%
|
244
+4%
|
260
+7%
|
267
+2%
|
301
+13%
|
348
+16%
|
384
+10%
|
396
+3%
|
395
0%
|
382
-3%
|
354
-7%
|
364
+3%
|
378
+4%
|
468
+24%
|
535
+15%
|
606
+13%
|
664
+10%
|
575
-13%
|
528
-8%
|
821
+56%
|
637
-22%
|
965
+51%
|
1 063
+10%
|
616
-42%
|
856
+39%
|
1 326
+55%
|
1 907
+44%
|
2 502
+31%
|
3 499
+40%
|
5 986
+71%
|
6 263
+5%
|
6 172
-1%
|
2 532
-59%
|
3 968
+57%
|
5 614
+41%
|
6 392
+14%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(83)
|
(89)
|
(96)
|
(100)
|
(112)
|
(124)
|
(131)
|
(139)
|
(144)
|
(152)
|
(172)
|
(190)
|
(201)
|
(227)
|
(236)
|
(244)
|
(254)
|
(243)
|
(289)
|
(364)
|
(406)
|
(495)
|
(430)
|
(404)
|
(698)
|
(550)
|
(817)
|
(864)
|
(622)
|
(787)
|
(825)
|
(959)
|
(1 102)
|
(1 496)
|
(2 727)
|
(3 235)
|
(3 253)
|
(1 741)
|
(2 321)
|
(2 789)
|
(3 136)
|
|
| Selling, General & Administrative |
(82)
|
(88)
|
(95)
|
(99)
|
(111)
|
(123)
|
(130)
|
(139)
|
(143)
|
(151)
|
(171)
|
(189)
|
(200)
|
(227)
|
(235)
|
(242)
|
(251)
|
(239)
|
(286)
|
(361)
|
(406)
|
(495)
|
(429)
|
(403)
|
(697)
|
(550)
|
(817)
|
(864)
|
(622)
|
(787)
|
(825)
|
(959)
|
(1 102)
|
(1 496)
|
(2 727)
|
(3 235)
|
(3 253)
|
(1 687)
|
(2 301)
|
(2 768)
|
(3 115)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(3)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(54)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(20)
|
(20)
|
|
| Operating Income |
58
N/A
|
54
-7%
|
51
-5%
|
53
+3%
|
86
+63%
|
110
+28%
|
114
+3%
|
121
+7%
|
123
+2%
|
148
+20%
|
176
+19%
|
195
+11%
|
195
+0%
|
169
-14%
|
146
-13%
|
111
-24%
|
110
0%
|
135
+23%
|
179
+32%
|
172
-4%
|
199
+16%
|
169
-15%
|
144
-15%
|
123
-14%
|
122
-1%
|
87
-29%
|
148
+70%
|
199
+35%
|
(5)
N/A
|
70
N/A
|
501
+619%
|
948
+89%
|
1 400
+48%
|
2 002
+43%
|
3 259
+63%
|
3 029
-7%
|
2 918
-4%
|
792
-73%
|
1 647
+108%
|
2 826
+72%
|
3 257
+15%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(14)
|
(18)
|
(20)
|
(20)
|
(25)
|
(25)
|
(28)
|
(30)
|
(31)
|
(33)
|
(34)
|
(31)
|
(24)
|
(31)
|
(24)
|
(36)
|
(44)
|
(48)
|
(58)
|
(79)
|
(131)
|
(246)
|
(288)
|
(283)
|
(495)
|
(357)
|
(679)
|
(604)
|
(367)
|
(443)
|
(5)
|
(80)
|
(126)
|
(276)
|
(295)
|
(466)
|
(424)
|
282
|
(182)
|
(337)
|
(576)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(4)
|
(5)
|
(7)
|
(8)
|
(7)
|
(9)
|
30
|
29
|
31
|
(7)
|
(3)
|
(0)
|
(10)
|
(12)
|
(25)
|
(37)
|
(73)
|
(80)
|
(109)
|
(95)
|
(72)
|
(28)
|
(81)
|
(41)
|
(92)
|
(83)
|
(32)
|
(65)
|
(37)
|
(49)
|
(292)
|
(322)
|
(385)
|
(317)
|
(905)
|
(895)
|
(804)
|
(717)
|
(719)
|
(1 458)
|
(1 626)
|
|
| Pre-Tax Income |
41
N/A
|
30
-25%
|
24
-20%
|
25
+2%
|
54
+116%
|
76
+40%
|
116
+53%
|
120
+4%
|
124
+3%
|
108
-12%
|
139
+29%
|
164
+18%
|
162
-1%
|
126
-22%
|
98
-23%
|
38
-61%
|
(7)
N/A
|
8
N/A
|
13
+61%
|
(1)
N/A
|
(4)
-200%
|
(104)
-2 577%
|
(224)
-115%
|
(200)
+11%
|
(460)
-130%
|
(353)
+23%
|
(564)
-60%
|
(469)
+17%
|
(410)
+13%
|
(422)
-3%
|
204
N/A
|
546
+167%
|
889
+63%
|
1 410
+59%
|
2 059
+46%
|
1 668
-19%
|
1 690
+1%
|
357
-79%
|
746
+109%
|
1 031
+38%
|
1 055
+2%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(14)
|
(14)
|
(12)
|
(14)
|
(23)
|
(31)
|
(47)
|
(48)
|
(50)
|
(42)
|
(50)
|
(62)
|
(60)
|
(54)
|
(47)
|
(26)
|
(19)
|
(19)
|
(28)
|
(45)
|
(24)
|
(9)
|
31
|
33
|
34
|
94
|
83
|
47
|
115
|
47
|
(78)
|
(133)
|
(253)
|
(412)
|
(553)
|
(463)
|
(497)
|
(128)
|
(292)
|
(434)
|
(491)
|
|
| Income from Continuing Operations |
26
|
16
|
13
|
12
|
31
|
45
|
69
|
73
|
74
|
67
|
90
|
102
|
102
|
72
|
51
|
12
|
(25)
|
(11)
|
(16)
|
(46)
|
(28)
|
(114)
|
(193)
|
(168)
|
(427)
|
(259)
|
(480)
|
(422)
|
(295)
|
(374)
|
126
|
413
|
637
|
998
|
1 507
|
1 206
|
1 194
|
229
|
454
|
597
|
563
|
|
| Income to Minority Interest |
(8)
|
(6)
|
(5)
|
(5)
|
(11)
|
(16)
|
(16)
|
(17)
|
(18)
|
(21)
|
(26)
|
(30)
|
(30)
|
(24)
|
(20)
|
(11)
|
(5)
|
(8)
|
(6)
|
6
|
5
|
29
|
50
|
41
|
105
|
63
|
124
|
108
|
84
|
107
|
(39)
|
(126)
|
(193)
|
(302)
|
(456)
|
(366)
|
(361)
|
(67)
|
(133)
|
(178)
|
(162)
|
|
| Net Income (Common) |
19
N/A
|
10
-45%
|
8
-27%
|
6
-17%
|
20
+226%
|
29
+45%
|
52
+79%
|
56
+6%
|
56
+1%
|
46
-18%
|
64
+40%
|
72
+12%
|
72
N/A
|
48
-33%
|
30
-37%
|
0
-99%
|
(30)
N/A
|
(19)
+36%
|
(22)
-13%
|
(40)
-80%
|
(23)
+43%
|
(84)
-275%
|
(143)
-69%
|
(126)
+12%
|
(322)
-155%
|
(229)
+29%
|
(389)
-70%
|
(347)
+11%
|
(244)
+30%
|
(267)
-9%
|
87
N/A
|
287
+229%
|
444
+55%
|
696
+57%
|
1 051
+51%
|
840
-20%
|
833
-1%
|
162
-81%
|
321
+98%
|
420
+31%
|
402
-4%
|
|
| EPS (Diluted) |
0.42
N/A
|
0.23
-45%
|
0.18
-22%
|
0.14
-22%
|
0.46
+229%
|
0.66
+43%
|
1.18
+79%
|
0.86
-27%
|
1.27
+48%
|
1.04
-18%
|
1.44
+38%
|
1.27
-12%
|
1.63
+28%
|
1.24
-24%
|
0.69
-44%
|
0.01
-99%
|
-0.69
N/A
|
-0.44
+36%
|
-0.5
-14%
|
-0.91
-82%
|
-0.52
+43%
|
-1.92
-269%
|
-3.25
-69%
|
-2.87
+12%
|
-7.32
-155%
|
-5.21
+29%
|
-8.84
-70%
|
-7.88
+11%
|
-5.54
+30%
|
-6.07
-10%
|
1.98
N/A
|
6.52
+229%
|
10.08
+55%
|
15.81
+57%
|
23.88
+51%
|
19.08
-20%
|
18.93
-1%
|
3.68
-81%
|
7.29
+98%
|
9.54
+31%
|
9.13
-4%
|
|