
Fras Le SA
BOVESPA:FRAS3

Income Statement
Earnings Waterfall
Fras Le SA
Revenue
|
4B
BRL
|
Cost of Revenue
|
-2.6B
BRL
|
Gross Profit
|
1.3B
BRL
|
Operating Expenses
|
-787.8m
BRL
|
Operating Income
|
542.7m
BRL
|
Other Expenses
|
-175m
BRL
|
Net Income
|
367.7m
BRL
|
Income Statement
Fras Le SA
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 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Interest Expense |
25
|
25
|
33
|
37
|
32
|
34
|
30
|
27
|
24
|
21
|
19
|
19
|
21
|
23
|
22
|
18
|
17
|
16
|
33
|
0
|
17
|
28
|
12
|
25
|
34
|
36
|
43
|
44
|
68
|
85
|
99
|
118
|
112
|
117
|
123
|
113
|
109
|
105
|
108
|
121
|
130
|
|
Revenue |
765
N/A
|
776
+1%
|
790
+2%
|
824
+4%
|
875
+6%
|
876
+0%
|
892
+2%
|
855
-4%
|
813
-5%
|
786
-3%
|
784
0%
|
806
+3%
|
833
+3%
|
902
+8%
|
970
+7%
|
1 011
+4%
|
1 141
+13%
|
1 217
+7%
|
1 274
+5%
|
1 346
+6%
|
1 366
+1%
|
1 385
+1%
|
1 326
-4%
|
1 446
+9%
|
1 671
+16%
|
1 970
+18%
|
2 289
+16%
|
2 492
+9%
|
2 582
+4%
|
2 646
+2%
|
2 830
+7%
|
2 996
+6%
|
3 058
+2%
|
3 192
+4%
|
3 329
+4%
|
3 394
+2%
|
3 389
0%
|
3 391
+0%
|
3 452
+2%
|
3 599
+4%
|
3 966
+10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(560)
|
(568)
|
(574)
|
(589)
|
(619)
|
(615)
|
(618)
|
(602)
|
(581)
|
(576)
|
(588)
|
(599)
|
(616)
|
(661)
|
(711)
|
(736)
|
(838)
|
(901)
|
(945)
|
(1 011)
|
(1 016)
|
(1 021)
|
(986)
|
(1 039)
|
(1 191)
|
(1 390)
|
(1 599)
|
(1 750)
|
(1 834)
|
(1 892)
|
(2 020)
|
(2 131)
|
(2 155)
|
(2 187)
|
(2 234)
|
(2 239)
|
(2 250)
|
(2 259)
|
(2 325)
|
(2 461)
|
(2 635)
|
|
Gross Profit |
205
N/A
|
208
+2%
|
216
+4%
|
235
+9%
|
256
+9%
|
261
+2%
|
275
+5%
|
253
-8%
|
232
-8%
|
209
-10%
|
195
-7%
|
207
+6%
|
217
+5%
|
241
+11%
|
259
+7%
|
276
+6%
|
304
+10%
|
316
+4%
|
329
+4%
|
335
+2%
|
350
+4%
|
363
+4%
|
340
-6%
|
407
+20%
|
480
+18%
|
580
+21%
|
689
+19%
|
743
+8%
|
748
+1%
|
754
+1%
|
810
+7%
|
866
+7%
|
903
+4%
|
1 005
+11%
|
1 095
+9%
|
1 155
+5%
|
1 139
-1%
|
1 132
-1%
|
1 127
0%
|
1 139
+1%
|
1 331
+17%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(138)
|
(137)
|
(140)
|
(155)
|
(175)
|
(172)
|
(169)
|
(157)
|
(148)
|
(152)
|
(148)
|
(153)
|
(152)
|
(110)
|
(130)
|
(140)
|
(164)
|
(231)
|
(240)
|
(246)
|
(242)
|
(249)
|
(243)
|
(264)
|
(327)
|
(365)
|
(415)
|
(456)
|
(555)
|
(571)
|
(592)
|
(618)
|
(560)
|
(592)
|
(630)
|
(647)
|
(574)
|
(598)
|
(672)
|
(688)
|
(788)
|
|
Selling, General & Administrative |
(126)
|
(125)
|
(128)
|
(140)
|
(157)
|
(157)
|
(151)
|
(140)
|
(126)
|
(129)
|
(131)
|
(135)
|
(138)
|
(150)
|
(165)
|
(180)
|
(210)
|
(225)
|
(237)
|
(243)
|
(244)
|
(245)
|
(242)
|
(270)
|
(315)
|
(352)
|
(403)
|
(435)
|
(451)
|
(465)
|
(482)
|
(513)
|
(533)
|
(553)
|
(571)
|
(572)
|
(583)
|
(577)
|
(608)
|
(644)
|
(724)
|
|
Other Operating Expenses |
(12)
|
(12)
|
(12)
|
(15)
|
(17)
|
(15)
|
(18)
|
(17)
|
(22)
|
(22)
|
(17)
|
(19)
|
(14)
|
40
|
34
|
40
|
46
|
(6)
|
(3)
|
(2)
|
2
|
(4)
|
(1)
|
6
|
(12)
|
(12)
|
(12)
|
(21)
|
(104)
|
(106)
|
(110)
|
(105)
|
(27)
|
(39)
|
(59)
|
(75)
|
9
|
(21)
|
(64)
|
(44)
|
(63)
|
|
Operating Income |
67
N/A
|
71
+6%
|
75
+7%
|
80
+6%
|
81
+1%
|
89
+10%
|
106
+20%
|
96
-9%
|
84
-13%
|
58
-31%
|
48
-17%
|
54
+13%
|
65
+21%
|
131
+100%
|
128
-2%
|
136
+6%
|
140
+3%
|
85
-40%
|
89
+5%
|
89
+0%
|
108
+20%
|
114
+6%
|
97
-15%
|
143
+48%
|
153
+6%
|
215
+41%
|
274
+28%
|
287
+4%
|
193
-32%
|
183
-5%
|
218
+19%
|
248
+14%
|
343
+39%
|
413
+20%
|
466
+13%
|
508
+9%
|
565
+11%
|
535
-5%
|
455
-15%
|
451
-1%
|
543
+20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
7
|
9
|
3
|
5
|
9
|
(3)
|
(3)
|
8
|
10
|
41
|
55
|
42
|
28
|
22
|
115
|
104
|
(26)
|
84
|
(2)
|
(6)
|
(13)
|
(9)
|
(33)
|
(30)
|
(16)
|
(14)
|
(6)
|
4
|
(65)
|
(46)
|
(27)
|
(25)
|
(61)
|
13
|
(4)
|
(3)
|
2
|
22
|
26
|
9
|
23
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(4)
|
14
|
12
|
140
|
158
|
145
|
136
|
91
|
86
|
75
|
80
|
(2)
|
(7)
|
(3)
|
6
|
(19)
|
(13)
|
(12)
|
(13)
|
(12)
|
|
Total Other Income |
(16)
|
(19)
|
(12)
|
(13)
|
(23)
|
(22)
|
(26)
|
(21)
|
(7)
|
(14)
|
(17)
|
(16)
|
(10)
|
(17)
|
(124)
|
(131)
|
(11)
|
(136)
|
(28)
|
(26)
|
(23)
|
(23)
|
(20)
|
(16)
|
(22)
|
(25)
|
(36)
|
(49)
|
6
|
(50)
|
(62)
|
(64)
|
(32)
|
(76)
|
(73)
|
(78)
|
(21)
|
25
|
54
|
44
|
(10)
|
|
Pre-Tax Income |
58
N/A
|
62
+6%
|
66
+7%
|
73
+10%
|
67
-7%
|
64
-5%
|
77
+20%
|
83
+8%
|
86
+4%
|
84
-2%
|
85
+1%
|
80
-7%
|
84
+5%
|
136
+62%
|
119
-12%
|
109
-8%
|
102
-6%
|
33
-68%
|
59
+81%
|
58
-3%
|
70
+22%
|
78
+11%
|
59
-25%
|
109
+86%
|
255
+133%
|
334
+31%
|
377
+13%
|
378
+0%
|
226
-40%
|
173
-23%
|
203
+17%
|
239
+17%
|
249
+4%
|
343
+38%
|
386
+12%
|
433
+12%
|
527
+22%
|
569
+8%
|
523
-8%
|
491
-6%
|
543
+11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(14)
|
(15)
|
(17)
|
(15)
|
(14)
|
(22)
|
(22)
|
(22)
|
(22)
|
(14)
|
(15)
|
(19)
|
(37)
|
(31)
|
(28)
|
(14)
|
9
|
(7)
|
(3)
|
(38)
|
(44)
|
(40)
|
(60)
|
(73)
|
(91)
|
(103)
|
(60)
|
(15)
|
5
|
(2)
|
(49)
|
(46)
|
(77)
|
(89)
|
(103)
|
(138)
|
(161)
|
(172)
|
(157)
|
(169)
|
|
Income from Continuing Operations |
45
|
47
|
51
|
55
|
52
|
50
|
55
|
61
|
64
|
63
|
72
|
65
|
64
|
99
|
88
|
81
|
89
|
41
|
52
|
55
|
33
|
34
|
19
|
49
|
182
|
244
|
274
|
317
|
211
|
178
|
201
|
190
|
203
|
266
|
297
|
330
|
389
|
407
|
351
|
334
|
375
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
1
|
2
|
3
|
5
|
4
|
4
|
4
|
4
|
9
|
9
|
8
|
6
|
1
|
2
|
1
|
1
|
1
|
(0)
|
2
|
2
|
(0)
|
(2)
|
(5)
|
(11)
|
(12)
|
(12)
|
(12)
|
(7)
|
|
Net Income (Common) |
45
N/A
|
47
+4%
|
51
+8%
|
55
+8%
|
52
-5%
|
50
-4%
|
55
+10%
|
61
+11%
|
64
+5%
|
63
-3%
|
71
+14%
|
65
-9%
|
64
-1%
|
99
+55%
|
90
-9%
|
85
-6%
|
93
+10%
|
46
-51%
|
56
+23%
|
59
+5%
|
37
-37%
|
43
+16%
|
28
-35%
|
57
+105%
|
188
+231%
|
245
+30%
|
276
+13%
|
318
+15%
|
211
-33%
|
179
-15%
|
201
+12%
|
192
-5%
|
205
+7%
|
266
+30%
|
296
+11%
|
325
+10%
|
377
+16%
|
396
+5%
|
339
-14%
|
322
-5%
|
368
+14%
|
|
EPS (Diluted) |
0.39
N/A
|
0.38
-3%
|
0.41
+8%
|
0.45
+10%
|
0.43
-4%
|
0.41
-5%
|
0.34
-17%
|
0.34
N/A
|
0.34
N/A
|
0.29
-15%
|
0.33
+14%
|
0.3
-9%
|
0.3
N/A
|
0.46
+53%
|
0.42
-9%
|
0.4
-5%
|
0.44
+10%
|
0.21
-52%
|
0.26
+24%
|
0.27
+4%
|
0.17
-37%
|
0.2
+18%
|
0.13
-35%
|
0.27
+108%
|
0.88
+226%
|
1.14
+30%
|
1.29
+13%
|
1.48
+15%
|
0.98
-34%
|
0.83
-15%
|
0.84
+1%
|
0.64
-24%
|
0.81
+27%
|
0.99
+22%
|
1.1
+11%
|
1.21
+10%
|
1.41
+17%
|
1.48
+5%
|
1.27
-14%
|
1.2
-6%
|
1.38
+15%
|