Sesa SpA
F:1S3
Income Statement
Earnings Waterfall
Sesa SpA
Income Statement
Sesa SpA
| Jan-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | Apr-2025 | Jul-2025 | Oct-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
1
|
0
|
3
|
0
|
1
|
0
|
3
|
0
|
1
|
0
|
3
|
0
|
2
|
0
|
3
|
0
|
2
|
0
|
4
|
0
|
1
|
0
|
3
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
895
N/A
|
743
-17%
|
776
+5%
|
775
0%
|
1 054
+36%
|
1 074
+2%
|
1 103
+3%
|
1 175
+7%
|
1 223
+4%
|
1 238
+1%
|
1 262
+2%
|
1 264
+0%
|
1 260
0%
|
1 281
+2%
|
1 270
-1%
|
1 307
+3%
|
1 351
+3%
|
1 384
+2%
|
1 782
+29%
|
1 854
+4%
|
1 540
-17%
|
2 473
+61%
|
2 594
+5%
|
2 670
+3%
|
1 763
-34%
|
2 818
+60%
|
2 936
+4%
|
3 006
+2%
|
2 022
-33%
|
3 211
+59%
|
3 352
+4%
|
3 426
+2%
|
2 363
-31%
|
3 741
+58%
|
4 015
+7%
|
4 156
+4%
|
2 868
-31%
|
4 491
+57%
|
4 675
+4%
|
4 705
+1%
|
3 164
-33%
|
4 818
+52%
|
4 743
-2%
|
4 842
+2%
|
3 215
-34%
|
5 029
+56%
|
5 197
+3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(753)
|
(627)
|
(657)
|
(658)
|
(896)
|
(916)
|
(941)
|
(1 003)
|
(1 042)
|
(1 048)
|
(1 067)
|
(1 064)
|
(1 055)
|
(1 071)
|
(1 049)
|
(1 074)
|
(1 114)
|
(1 132)
|
(1 456)
|
(1 519)
|
(1 259)
|
(2 032)
|
(2 133)
|
(2 191)
|
(1 429)
|
(2 289)
|
(2 361)
|
(2 407)
|
(1 590)
|
(2 532)
|
(2 626)
|
(2 670)
|
(1 818)
|
(2 885)
|
(3 091)
|
(3 196)
|
(2 202)
|
(3 448)
|
(3 568)
|
(3 560)
|
(2 386)
|
(3 613)
|
(3 523)
|
(3 616)
|
(2 360)
|
(3 727)
|
(3 857)
|
|
| Gross Profit |
143
N/A
|
116
-19%
|
119
+3%
|
117
-2%
|
158
+35%
|
158
+0%
|
162
+2%
|
172
+6%
|
182
+5%
|
190
+5%
|
196
+3%
|
200
+2%
|
205
+2%
|
210
+2%
|
221
+5%
|
233
+5%
|
237
+2%
|
252
+6%
|
326
+29%
|
335
+3%
|
281
-16%
|
441
+57%
|
462
+5%
|
479
+4%
|
333
-30%
|
529
+59%
|
575
+9%
|
599
+4%
|
432
-28%
|
679
+57%
|
726
+7%
|
756
+4%
|
544
-28%
|
856
+57%
|
923
+8%
|
960
+4%
|
666
-31%
|
1 043
+57%
|
1 107
+6%
|
1 145
+3%
|
779
-32%
|
1 205
+55%
|
1 219
+1%
|
1 227
+1%
|
854
-30%
|
1 301
+52%
|
1 339
+3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(106)
|
(88)
|
(90)
|
(87)
|
(116)
|
(117)
|
(120)
|
(129)
|
(138)
|
(146)
|
(150)
|
(155)
|
(161)
|
(164)
|
(175)
|
(187)
|
(190)
|
(204)
|
(266)
|
(273)
|
(228)
|
(355)
|
(370)
|
(383)
|
(270)
|
(424)
|
(464)
|
(479)
|
(349)
|
(539)
|
(574)
|
(591)
|
(434)
|
(670)
|
(727)
|
(755)
|
(532)
|
(819)
|
(880)
|
(917)
|
(640)
|
(991)
|
(1 022)
|
(1 031)
|
(731)
|
(1 104)
|
(1 135)
|
|
| Selling, General & Administrative |
(100)
|
(82)
|
(82)
|
(83)
|
(115)
|
(117)
|
(119)
|
(129)
|
(136)
|
(141)
|
(148)
|
(154)
|
(161)
|
(166)
|
(176)
|
(186)
|
(190)
|
(202)
|
(262)
|
(266)
|
(222)
|
(341)
|
(347)
|
(360)
|
(249)
|
(393)
|
(428)
|
(443)
|
(317)
|
(496)
|
(528)
|
(548)
|
(397)
|
(622)
|
(670)
|
(699)
|
(481)
|
(758)
|
(807)
|
(838)
|
(575)
|
(899)
|
(926)
|
(937)
|
(664)
|
(1 010)
|
(1 038)
|
|
| Depreciation & Amortization |
(6)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(13)
|
(14)
|
(12)
|
(19)
|
(23)
|
(26)
|
(22)
|
(34)
|
(39)
|
(41)
|
(32)
|
(50)
|
(56)
|
(58)
|
(42)
|
(64)
|
(69)
|
(72)
|
(54)
|
(82)
|
(89)
|
(94)
|
(68)
|
(105)
|
(112)
|
(114)
|
(82)
|
(124)
|
(129)
|
|
| Other Operating Expenses |
(0)
|
(2)
|
(3)
|
(0)
|
3
|
4
|
3
|
4
|
2
|
1
|
3
|
5
|
7
|
9
|
8
|
7
|
8
|
8
|
9
|
7
|
5
|
5
|
1
|
3
|
0
|
3
|
3
|
3
|
1
|
5
|
10
|
13
|
5
|
17
|
12
|
14
|
2
|
20
|
16
|
15
|
3
|
12
|
15
|
19
|
15
|
30
|
32
|
|
| Operating Income |
37
N/A
|
29
-22%
|
30
+4%
|
30
+1%
|
42
+39%
|
41
-1%
|
42
+1%
|
44
+5%
|
43
-1%
|
45
+3%
|
45
+2%
|
46
+1%
|
44
-3%
|
46
+4%
|
46
-1%
|
46
-1%
|
46
+2%
|
48
+3%
|
60
+26%
|
62
+3%
|
53
-15%
|
86
+62%
|
92
+7%
|
96
+5%
|
63
-34%
|
105
+66%
|
111
+6%
|
120
+8%
|
83
-31%
|
140
+69%
|
152
+9%
|
165
+8%
|
110
-33%
|
186
+68%
|
196
+5%
|
205
+5%
|
134
-35%
|
224
+67%
|
227
+1%
|
227
+0%
|
139
-39%
|
215
+55%
|
197
-8%
|
196
-1%
|
124
-37%
|
197
+60%
|
204
+3%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(6)
|
(4)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
0
|
(0)
|
(2)
|
(3)
|
0
|
(5)
|
(6)
|
(9)
|
(11)
|
(15)
|
(19)
|
(22)
|
(14)
|
(23)
|
(21)
|
(20)
|
(34)
|
(40)
|
(40)
|
|
| Non-Reccuring Items |
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
|
2
|
0
|
1
|
0
|
2
|
0
|
4
|
0
|
2
|
0
|
2
|
0
|
2
|
0
|
1
|
0
|
1
|
0
|
1
|
0
|
1
|
|
| Total Other Income |
(0)
|
(0)
|
0
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(5)
|
(4)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
4
|
(7)
|
(7)
|
(7)
|
(3)
|
(3)
|
(9)
|
(9)
|
9
|
9
|
9
|
|
| Pre-Tax Income |
31
N/A
|
25
-20%
|
25
+2%
|
26
+4%
|
36
+37%
|
36
+0%
|
37
+3%
|
38
+4%
|
38
-1%
|
39
+2%
|
40
+3%
|
40
+1%
|
40
+1%
|
42
+3%
|
41
-1%
|
42
+3%
|
43
+1%
|
45
+3%
|
55
+24%
|
57
+3%
|
48
-15%
|
80
+65%
|
86
+8%
|
90
+5%
|
60
-33%
|
100
+66%
|
108
+8%
|
115
+7%
|
81
-30%
|
135
+67%
|
148
+10%
|
157
+6%
|
109
-31%
|
177
+62%
|
188
+6%
|
193
+2%
|
128
-33%
|
202
+57%
|
204
+1%
|
199
-2%
|
122
-39%
|
188
+55%
|
168
-11%
|
167
-1%
|
99
-40%
|
166
+67%
|
174
+4%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(10)
|
(9)
|
(9)
|
(10)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(17)
|
(17)
|
(15)
|
(25)
|
(27)
|
(28)
|
(18)
|
(30)
|
(32)
|
(34)
|
(24)
|
(40)
|
(44)
|
(46)
|
(30)
|
(50)
|
(54)
|
(54)
|
(38)
|
(58)
|
(59)
|
(58)
|
(39)
|
(56)
|
(48)
|
(47)
|
(32)
|
(48)
|
(50)
|
|
| Income from Continuing Operations |
21
|
16
|
16
|
16
|
23
|
23
|
24
|
25
|
25
|
26
|
26
|
27
|
27
|
28
|
28
|
29
|
30
|
31
|
39
|
40
|
33
|
55
|
59
|
62
|
42
|
70
|
76
|
81
|
57
|
95
|
104
|
111
|
79
|
127
|
134
|
139
|
90
|
144
|
144
|
141
|
83
|
133
|
120
|
120
|
67
|
118
|
123
|
|
| Income to Minority Interest |
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(7)
|
(7)
|
(4)
|
(7)
|
(8)
|
(8)
|
(5)
|
(7)
|
(7)
|
(7)
|
(5)
|
(8)
|
(9)
|
(9)
|
(6)
|
(9)
|
(9)
|
(8)
|
(5)
|
(7)
|
(7)
|
(7)
|
(5)
|
(8)
|
(10)
|
|
| Net Income (Common) |
20
N/A
|
15
-26%
|
15
+2%
|
16
+3%
|
22
+38%
|
22
+1%
|
23
+3%
|
24
+5%
|
24
+1%
|
24
+1%
|
25
+2%
|
25
+0%
|
25
+0%
|
26
+2%
|
25
-1%
|
26
+4%
|
27
+3%
|
28
+4%
|
34
+24%
|
35
+2%
|
29
-17%
|
49
+66%
|
53
+8%
|
55
+5%
|
38
-31%
|
62
+65%
|
68
+9%
|
74
+8%
|
52
-29%
|
88
+68%
|
98
+11%
|
104
+7%
|
74
-29%
|
119
+61%
|
126
+6%
|
130
+3%
|
84
-35%
|
135
+60%
|
135
+0%
|
133
-2%
|
78
-41%
|
125
+60%
|
113
-10%
|
113
0%
|
62
-45%
|
109
+76%
|
113
+3%
|
|
| EPS (Diluted) |
1.33
N/A
|
1.02
-23%
|
0.93
-9%
|
1.04
+12%
|
1.41
+36%
|
1.42
+1%
|
1.44
+1%
|
1.54
+7%
|
1.54
N/A
|
1.57
+2%
|
1.56
-1%
|
1.63
+4%
|
1.62
-1%
|
1.65
+2%
|
1.61
-2%
|
1.69
+5%
|
1.73
+2%
|
1.81
+5%
|
2.23
+23%
|
2.29
+3%
|
1.89
-17%
|
3.14
+66%
|
3.4
+8%
|
3.56
+5%
|
2.45
-31%
|
4.03
+64%
|
4.41
+9%
|
4.71
+7%
|
3.37
-28%
|
5.67
+68%
|
6.29
+11%
|
6.71
+7%
|
4.74
-29%
|
7.67
+62%
|
8.11
+6%
|
8.38
+3%
|
5.45
-35%
|
8.76
+61%
|
8.74
0%
|
8.56
-2%
|
5.05
-41%
|
8.12
+61%
|
7.31
-10%
|
8.23
+13%
|
4.01
-51%
|
7.13
+78%
|
7.31
+3%
|
|