ERG SpA
F:ER9
Income Statement
Earnings Waterfall
ERG SpA
Revenue
|
740.9m
EUR
|
Cost of Revenue
|
-14.3m
EUR
|
Gross Profit
|
726.6m
EUR
|
Operating Expenses
|
-422.5m
EUR
|
Operating Income
|
304.2m
EUR
|
Other Expenses
|
-125.5m
EUR
|
Net Income
|
178.7m
EUR
|
Income Statement
ERG SpA
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-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
6 770
N/A
|
7 776
+15%
|
8 118
+4%
|
8 431
+4%
|
5 229
-38%
|
4 327
-17%
|
2 948
-32%
|
2 756
-7%
|
4 516
+64%
|
3 258
-28%
|
2 845
-13%
|
1 241
-56%
|
999
-20%
|
993
-1%
|
965
-3%
|
922
-4%
|
921
0%
|
949
+3%
|
966
+2%
|
983
+2%
|
1 025
+4%
|
1 033
+1%
|
1 034
+0%
|
1 034
+0%
|
1 054
+2%
|
1 255
+19%
|
1 024
-18%
|
1 041
+2%
|
1 022
-2%
|
989
-3%
|
856
-13%
|
884
+3%
|
601
-32%
|
1 252
+108%
|
1 101
-12%
|
1 269
+15%
|
749
-41%
|
1 095
+46%
|
1 090
0%
|
1 073
-2%
|
741
-31%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 876)
|
(6 841)
|
(7 184)
|
(7 488)
|
(4 388)
|
(3 469)
|
(2 284)
|
(2 118)
|
(3 941)
|
(2 803)
|
(2 288)
|
(794)
|
(492)
|
(487)
|
(452)
|
(424)
|
(413)
|
(367)
|
(332)
|
(322)
|
(330)
|
(357)
|
(371)
|
(357)
|
(356)
|
(400)
|
(327)
|
(334)
|
(291)
|
(276)
|
(282)
|
(284)
|
(6)
|
(396)
|
(267)
|
(276)
|
(15)
|
(28)
|
(29)
|
(23)
|
(14)
|
|
Gross Profit |
895
N/A
|
936
+5%
|
934
0%
|
943
+1%
|
841
-11%
|
858
+2%
|
664
-23%
|
638
-4%
|
575
-10%
|
455
-21%
|
558
+23%
|
447
-20%
|
507
+13%
|
506
0%
|
513
+1%
|
498
-3%
|
508
+2%
|
582
+14%
|
634
+9%
|
661
+4%
|
695
+5%
|
676
-3%
|
663
-2%
|
677
+2%
|
698
+3%
|
855
+22%
|
696
-18%
|
707
+2%
|
731
+3%
|
713
-2%
|
574
-20%
|
600
+4%
|
595
-1%
|
856
+44%
|
834
-3%
|
993
+19%
|
734
-26%
|
1 067
+45%
|
1 061
-1%
|
1 050
-1%
|
727
-31%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(945)
|
(934)
|
(970)
|
(951)
|
(561)
|
(544)
|
(321)
|
(303)
|
(374)
|
(282)
|
(350)
|
(261)
|
(348)
|
(351)
|
(344)
|
(353)
|
(362)
|
(406)
|
(454)
|
(488)
|
(493)
|
(484)
|
(473)
|
(464)
|
(491)
|
(606)
|
(491)
|
(524)
|
(540)
|
(527)
|
(421)
|
(424)
|
(405)
|
(591)
|
(554)
|
(655)
|
(430)
|
(682)
|
(635)
|
(677)
|
(422)
|
|
Selling, General & Administrative |
(731)
|
(720)
|
(717)
|
(695)
|
(415)
|
(379)
|
(191)
|
(163)
|
(224)
|
(146)
|
(205)
|
(130)
|
(198)
|
(192)
|
(188)
|
(190)
|
(214)
|
(233)
|
(256)
|
(267)
|
(254)
|
(245)
|
(231)
|
(223)
|
(241)
|
(294)
|
(234)
|
(244)
|
(243)
|
(234)
|
(187)
|
(188)
|
(195)
|
(264)
|
(257)
|
(300)
|
(204)
|
(304)
|
(304)
|
(311)
|
(216)
|
|
Depreciation & Amortization |
(144)
|
(148)
|
(153)
|
(152)
|
(149)
|
(164)
|
(155)
|
(169)
|
(150)
|
(136)
|
(147)
|
(133)
|
(154)
|
(155)
|
(154)
|
(156)
|
(162)
|
(187)
|
(214)
|
(239)
|
(251)
|
(249)
|
(249)
|
(246)
|
(251)
|
(323)
|
(274)
|
(287)
|
(305)
|
(310)
|
(248)
|
(233)
|
(206)
|
(300)
|
(273)
|
(334)
|
(235)
|
(354)
|
(356)
|
(350)
|
(225)
|
|
Other Operating Expenses |
(70)
|
(66)
|
(99)
|
(105)
|
3
|
(1)
|
25
|
28
|
0
|
(1)
|
2
|
3
|
4
|
(3)
|
(1)
|
(7)
|
13
|
15
|
16
|
19
|
12
|
10
|
9
|
7
|
1
|
10
|
17
|
8
|
8
|
17
|
14
|
(3)
|
(4)
|
(28)
|
(25)
|
(22)
|
10
|
(24)
|
26
|
(15)
|
19
|
|
Operating Income |
(50)
N/A
|
2
N/A
|
(35)
N/A
|
(8)
+77%
|
280
N/A
|
314
+12%
|
343
+9%
|
335
-2%
|
202
-40%
|
174
-14%
|
208
+20%
|
187
-10%
|
159
-15%
|
155
-3%
|
169
+9%
|
146
-14%
|
146
+0%
|
176
+20%
|
181
+3%
|
173
-4%
|
202
+17%
|
192
-5%
|
190
-1%
|
213
+12%
|
207
-3%
|
248
+20%
|
205
-17%
|
184
-11%
|
191
+4%
|
186
-2%
|
153
-18%
|
176
+15%
|
190
+8%
|
265
+39%
|
279
+5%
|
337
+21%
|
304
-10%
|
385
+26%
|
427
+11%
|
373
-12%
|
304
-19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
126
|
110
|
(27)
|
202
|
(129)
|
(140)
|
(137)
|
(369)
|
(113)
|
(119)
|
(95)
|
(105)
|
(87)
|
(76)
|
(66)
|
(61)
|
(69)
|
(84)
|
(98)
|
(75)
|
(26)
|
(5)
|
(15)
|
(18)
|
(26)
|
(29)
|
(47)
|
(62)
|
(78)
|
(52)
|
(33)
|
(26)
|
(36)
|
(36)
|
(37)
|
(45)
|
(32)
|
(20)
|
(11)
|
(6)
|
(9)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(8)
|
0
|
(22)
|
0
|
0
|
0
|
(83)
|
0
|
(43)
|
0
|
0
|
|
Total Other Income |
(11)
|
(11)
|
(9)
|
(9)
|
(19)
|
(19)
|
(40)
|
(40)
|
(45)
|
(45)
|
(38)
|
(38)
|
(37)
|
(37)
|
(41)
|
(41)
|
(39)
|
(40)
|
(42)
|
(42)
|
(46)
|
(46)
|
(45)
|
(45)
|
(41)
|
(38)
|
(15)
|
(72)
|
(60)
|
(5)
|
(56)
|
(59)
|
(14)
|
(24)
|
(23)
|
(22)
|
(2)
|
(7)
|
(5)
|
(6)
|
(5)
|
|
Pre-Tax Income |
65
N/A
|
101
+56%
|
(71)
N/A
|
185
N/A
|
133
-28%
|
155
+17%
|
166
+7%
|
(74)
N/A
|
45
N/A
|
10
-78%
|
75
+670%
|
43
-42%
|
28
-35%
|
42
+49%
|
63
+50%
|
44
-30%
|
37
-16%
|
53
+43%
|
40
-23%
|
56
+40%
|
128
+128%
|
141
+10%
|
130
-8%
|
150
+15%
|
140
-6%
|
181
+29%
|
144
-21%
|
50
-65%
|
52
+4%
|
129
+146%
|
56
-56%
|
91
+63%
|
118
+29%
|
204
+73%
|
220
+8%
|
271
+23%
|
187
-31%
|
358
+92%
|
368
+3%
|
362
-2%
|
290
-20%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
31
|
14
|
16
|
(0)
|
(99)
|
(114)
|
(110)
|
(105)
|
(40)
|
(19)
|
(29)
|
(13)
|
(44)
|
(43)
|
(41)
|
(35)
|
(13)
|
(18)
|
(23)
|
(15)
|
(29)
|
(27)
|
(26)
|
(35)
|
(33)
|
(40)
|
(40)
|
(20)
|
(20)
|
(25)
|
(8)
|
(24)
|
(32)
|
(64)
|
(101)
|
(117)
|
(98)
|
(135)
|
(101)
|
(98)
|
(74)
|
|
Income from Continuing Operations |
96
|
115
|
(55)
|
185
|
34
|
41
|
56
|
(179)
|
4
|
(10)
|
46
|
31
|
(16)
|
(1)
|
21
|
9
|
24
|
35
|
18
|
41
|
99
|
113
|
104
|
115
|
107
|
141
|
104
|
30
|
33
|
104
|
48
|
67
|
86
|
140
|
119
|
154
|
89
|
223
|
267
|
264
|
216
|
|
Income to Minority Interest |
(31)
|
(34)
|
(39)
|
(38)
|
(49)
|
(50)
|
(54)
|
(56)
|
(57)
|
(45)
|
(55)
|
(39)
|
(25)
|
(25)
|
(4)
|
(3)
|
(3)
|
(4)
|
(3)
|
(2)
|
(2)
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(5)
|
(4)
|
(6)
|
(5)
|
(4)
|
(2)
|
|
Net Income (Common) |
65
N/A
|
81
+24%
|
(94)
N/A
|
148
N/A
|
151
+2%
|
157
+4%
|
203
+29%
|
(35)
N/A
|
28
N/A
|
27
-6%
|
142
+430%
|
143
+1%
|
48
-66%
|
62
+29%
|
2
-97%
|
(10)
N/A
|
21
N/A
|
31
+48%
|
23
-25%
|
47
+103%
|
122
+162%
|
140
+14%
|
134
-4%
|
145
+8%
|
207
+43%
|
258
+25%
|
133
-48%
|
29
-78%
|
32
+7%
|
102
+223%
|
108
+6%
|
128
+18%
|
173
+35%
|
561
+224%
|
873
+56%
|
927
+6%
|
379
-59%
|
531
+40%
|
205
-61%
|
184
-10%
|
179
-3%
|
|
EPS (Diluted) |
0.44
N/A
|
0.55
+25%
|
-0.67
N/A
|
1.05
N/A
|
0.98
-7%
|
1.08
+10%
|
1.42
+31%
|
-0.24
N/A
|
0.19
N/A
|
0.18
-5%
|
0.97
+439%
|
0.99
+2%
|
0.33
-67%
|
0.43
+30%
|
0.01
-98%
|
-0.07
N/A
|
0.15
N/A
|
0.21
+40%
|
0.15
-29%
|
0.32
+113%
|
0.84
+163%
|
0.96
+14%
|
0.86
-10%
|
0.97
+13%
|
1.38
+42%
|
1.73
+25%
|
0.89
-49%
|
0.2
-78%
|
0.21
+5%
|
0.69
+229%
|
0.72
+4%
|
0.85
+18%
|
1.15
+35%
|
3.75
+226%
|
5.84
+56%
|
6.2
+6%
|
2.53
-59%
|
3.55
+40%
|
1.36
-62%
|
1.23
-10%
|
1.19
-3%
|