Desktop SA
BOVESPA:DESK3
Income Statement
Earnings Waterfall
Desktop SA
Revenue
|
921.1m
BRL
|
Cost of Revenue
|
-340.5m
BRL
|
Gross Profit
|
580.6m
BRL
|
Operating Expenses
|
-270.1m
BRL
|
Operating Income
|
310.6m
BRL
|
Other Expenses
|
-221.3m
BRL
|
Net Income
|
89.2m
BRL
|
Income Statement
Desktop SA
Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
Revenue |
167
N/A
|
190
+14%
|
225
+18%
|
276
+23%
|
349
+27%
|
448
+28%
|
543
+21%
|
636
+17%
|
711
+12%
|
776
+9%
|
854
+10%
|
921
+8%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(54)
|
(64)
|
(82)
|
(111)
|
(150)
|
(194)
|
(236)
|
(272)
|
(291)
|
(308)
|
(327)
|
(340)
|
|
Gross Profit |
113
N/A
|
125
+11%
|
143
+14%
|
164
+15%
|
199
+21%
|
254
+28%
|
307
+21%
|
364
+19%
|
420
+15%
|
468
+11%
|
527
+13%
|
581
+10%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(65)
|
(69)
|
(88)
|
(108)
|
(130)
|
(158)
|
(176)
|
(190)
|
(201)
|
(215)
|
(238)
|
(270)
|
|
Selling, General & Administrative |
(61)
|
(70)
|
(90)
|
(113)
|
(133)
|
(162)
|
(182)
|
(195)
|
(210)
|
(225)
|
(247)
|
(280)
|
|
Other Operating Expenses |
(4)
|
2
|
2
|
5
|
3
|
4
|
5
|
6
|
9
|
10
|
10
|
10
|
|
Operating Income |
48
N/A
|
57
+19%
|
55
-2%
|
57
+2%
|
69
+21%
|
95
+39%
|
130
+37%
|
175
+34%
|
219
+26%
|
253
+15%
|
289
+14%
|
311
+7%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(7)
|
(11)
|
(16)
|
(18)
|
(29)
|
(46)
|
(67)
|
(103)
|
(135)
|
(154)
|
(178)
|
(186)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
2
|
|
Total Other Income |
(1)
|
(2)
|
(3)
|
(4)
|
(7)
|
(11)
|
(15)
|
(18)
|
(11)
|
(12)
|
(10)
|
(9)
|
|
Pre-Tax Income |
39
N/A
|
45
+13%
|
37
-18%
|
34
-6%
|
34
-1%
|
38
+13%
|
49
+29%
|
55
+12%
|
74
+34%
|
88
+19%
|
101
+15%
|
117
+16%
|
|
Net Income | |||||||||||||
Tax Provision |
(13)
|
(14)
|
(15)
|
(12)
|
(3)
|
(4)
|
(8)
|
(1)
|
(19)
|
(21)
|
(11)
|
(17)
|
|
Income from Continuing Operations |
27
|
30
|
22
|
22
|
31
|
34
|
41
|
54
|
55
|
67
|
90
|
100
|
|
Income to Minority Interest |
0
|
0
|
0
|
(2)
|
(5)
|
(6)
|
(9)
|
(8)
|
(7)
|
(8)
|
(10)
|
(11)
|
|
Net Income (Common) |
27
N/A
|
30
+13%
|
22
-26%
|
20
-12%
|
26
+30%
|
28
+9%
|
33
+16%
|
46
+42%
|
48
+3%
|
59
+22%
|
80
+37%
|
89
+11%
|
|
EPS (Diluted) |
0.3
N/A
|
0.35
+17%
|
0.26
-26%
|
0.23
-12%
|
0.35
+52%
|
0.3
-14%
|
0.35
+17%
|
0.5
+43%
|
0.54
+8%
|
0.24
-56%
|
0.33
+38%
|
0.82
+148%
|