Mercator Medical SA
F:MM2
Income Statement
Earnings Waterfall
Mercator Medical SA
Income Statement
Mercator Medical SA
| 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 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
2
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
4
|
5
|
6
|
7
|
7
|
7
|
7
|
7
|
5
|
4
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
|
| Revenue |
148
N/A
|
151
+2%
|
154
+2%
|
160
+4%
|
168
+5%
|
181
+7%
|
193
+7%
|
211
+9%
|
227
+7%
|
238
+5%
|
254
+7%
|
259
+2%
|
264
+2%
|
278
+5%
|
284
+2%
|
292
+3%
|
301
+3%
|
316
+5%
|
330
+4%
|
365
+11%
|
420
+15%
|
453
+8%
|
501
+11%
|
534
+7%
|
540
+1%
|
622
+15%
|
1 076
+73%
|
1 523
+42%
|
1 834
+20%
|
2 386
+30%
|
2 332
-2%
|
2 101
-10%
|
1 727
-18%
|
1 313
-24%
|
926
-29%
|
703
-24%
|
543
-23%
|
518
-4%
|
491
-5%
|
470
-4%
|
469
0%
|
487
+4%
|
489
+0%
|
510
+4%
|
542
+6%
|
559
+3%
|
580
+4%
|
585
+1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(132)
|
(136)
|
(138)
|
(143)
|
(150)
|
(161)
|
(171)
|
(188)
|
(202)
|
(212)
|
(227)
|
(231)
|
(235)
|
(251)
|
(261)
|
(273)
|
(282)
|
(293)
|
(301)
|
(332)
|
(388)
|
(426)
|
(475)
|
(507)
|
(511)
|
(556)
|
(742)
|
(808)
|
(683)
|
(1 019)
|
(1 025)
|
(1 127)
|
(1 105)
|
(1 086)
|
(926)
|
(781)
|
(516)
|
(555)
|
(529)
|
(484)
|
(458)
|
(479)
|
(450)
|
(457)
|
(474)
|
(474)
|
(494)
|
(491)
|
|
| Gross Profit |
16
N/A
|
16
-1%
|
16
+2%
|
17
+7%
|
18
+7%
|
20
+10%
|
22
+8%
|
23
+7%
|
25
+6%
|
26
+4%
|
27
+5%
|
28
+4%
|
29
+3%
|
27
-8%
|
23
-15%
|
19
-16%
|
19
-1%
|
23
+23%
|
29
+27%
|
33
+12%
|
33
+1%
|
27
-18%
|
26
-4%
|
28
+7%
|
29
+6%
|
66
+127%
|
333
+403%
|
715
+115%
|
1 151
+61%
|
1 367
+19%
|
1 306
-4%
|
974
-25%
|
622
-36%
|
226
-64%
|
0
-100%
|
(78)
N/A
|
26
N/A
|
(37)
N/A
|
(38)
-2%
|
(14)
+63%
|
11
N/A
|
9
-24%
|
38
+349%
|
53
+39%
|
69
+29%
|
86
+24%
|
86
+0%
|
95
+10%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(15)
|
(16)
|
(18)
|
(19)
|
(19)
|
(20)
|
(21)
|
(22)
|
(25)
|
(33)
|
(32)
|
(103)
|
(20)
|
(25)
|
(33)
|
(119)
|
(27)
|
(15)
|
12
|
(216)
|
(167)
|
(184)
|
(221)
|
(119)
|
(108)
|
(109)
|
(111)
|
(42)
|
(46)
|
(53)
|
(56)
|
|
| Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(81)
|
(3)
|
(14)
|
(21)
|
(87)
|
(1)
|
11
|
19
|
(85)
|
(22)
|
(39)
|
(56)
|
(72)
|
(68)
|
(66)
|
(67)
|
(70)
|
(72)
|
(75)
|
(76)
|
|
| Depreciation & Amortization |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(18)
|
(23)
|
(23)
|
(19)
|
(23)
|
(19)
|
(19)
|
(19)
|
(20)
|
(21)
|
(23)
|
(26)
|
(28)
|
(25)
|
(24)
|
(22)
|
(20)
|
(23)
|
(23)
|
(23)
|
(24)
|
(26)
|
(27)
|
|
| Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(6)
|
(7)
|
(6)
|
(3)
|
6
|
8
|
8
|
(12)
|
(6)
|
(5)
|
16
|
(106)
|
(117)
|
(120)
|
(141)
|
(25)
|
(20)
|
(21)
|
(21)
|
51
|
50
|
48
|
48
|
|
| Operating Income |
11
N/A
|
11
-5%
|
11
+4%
|
12
+8%
|
13
+8%
|
14
+8%
|
15
+4%
|
15
+5%
|
16
+6%
|
17
+4%
|
18
+4%
|
19
+4%
|
18
-3%
|
15
-14%
|
11
-29%
|
7
-37%
|
5
-23%
|
8
+56%
|
13
+52%
|
15
+15%
|
14
-1%
|
7
-48%
|
6
-17%
|
7
+7%
|
7
+2%
|
41
+509%
|
300
+626%
|
683
+127%
|
1 049
+54%
|
1 347
+28%
|
1 281
-5%
|
941
-27%
|
503
-47%
|
199
-60%
|
(15)
N/A
|
(66)
-353%
|
(190)
-188%
|
(204)
-7%
|
(222)
-9%
|
(235)
-6%
|
(108)
+54%
|
(99)
+8%
|
(71)
+29%
|
(57)
+19%
|
27
N/A
|
39
+47%
|
33
-17%
|
39
+18%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(5)
|
(4)
|
(1)
|
(0)
|
(0)
|
0
|
(1)
|
1
|
1
|
(2)
|
(3)
|
(8)
|
(9)
|
(7)
|
(7)
|
(4)
|
(8)
|
(15)
|
(2)
|
(6)
|
(5)
|
7
|
(2)
|
18
|
21
|
31
|
55
|
(11)
|
(9)
|
15
|
(17)
|
83
|
91
|
55
|
52
|
11
|
8
|
6
|
25
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
1
|
1
|
2
|
2
|
1
|
1
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(84)
|
(77)
|
(40)
|
(21)
|
58
|
58
|
9
|
(21)
|
(4)
|
1
|
21
|
35
|
22
|
12
|
4
|
0
|
(1)
|
(1)
|
|
| Total Other Income |
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(2)
|
(1)
|
(1)
|
0
|
(2)
|
(2)
|
(0)
|
(1)
|
1
|
0
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
(4)
|
(7)
|
(13)
|
(18)
|
6
|
16
|
25
|
24
|
(0)
|
3
|
1
|
(3)
|
(0)
|
(1)
|
2
|
8
|
|
| Pre-Tax Income |
9
N/A
|
8
-7%
|
9
+13%
|
10
+13%
|
12
+18%
|
14
+14%
|
13
-4%
|
11
-13%
|
11
-7%
|
11
0%
|
13
+26%
|
16
+22%
|
17
+4%
|
15
-12%
|
10
-33%
|
7
-35%
|
6
-8%
|
10
+69%
|
10
-2%
|
10
-1%
|
8
-15%
|
(1)
N/A
|
1
N/A
|
0
-68%
|
2
+358%
|
30
+1 373%
|
282
+826%
|
677
+140%
|
1 041
+54%
|
1 339
+29%
|
1 206
-10%
|
863
-28%
|
477
-45%
|
192
-60%
|
62
-68%
|
29
-52%
|
(186)
N/A
|
(219)
-17%
|
(185)
+15%
|
(227)
-22%
|
(4)
+98%
|
29
N/A
|
8
-72%
|
3
-58%
|
42
+1 141%
|
48
+14%
|
40
-16%
|
70
+74%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(2)
|
(2)
|
(4)
|
(8)
|
(30)
|
(70)
|
(105)
|
(117)
|
(101)
|
(75)
|
(32)
|
(27)
|
(19)
|
(9)
|
(5)
|
2
|
(13)
|
(10)
|
(19)
|
(24)
|
(13)
|
(13)
|
8
|
22
|
22
|
22
|
|
| Income from Continuing Operations |
7
|
6
|
7
|
8
|
10
|
12
|
12
|
11
|
10
|
10
|
12
|
14
|
15
|
12
|
9
|
6
|
5
|
10
|
10
|
9
|
7
|
(1)
|
(0)
|
(1)
|
(2)
|
22
|
252
|
607
|
936
|
1 222
|
1 105
|
789
|
445
|
166
|
42
|
21
|
(191)
|
(216)
|
(198)
|
(236)
|
(23)
|
6
|
(5)
|
(10)
|
50
|
70
|
62
|
92
|
|
| Income to Minority Interest |
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(3)
|
(5)
|
(6)
|
(3)
|
0
|
2
|
2
|
(2)
|
(1)
|
1
|
2
|
4
|
4
|
3
|
3
|
2
|
2
|
1
|
(0)
|
0
|
(0)
|
|
| Net Income (Common) |
7
N/A
|
7
-6%
|
7
+9%
|
8
+13%
|
10
+25%
|
12
+15%
|
12
+2%
|
11
-9%
|
10
-4%
|
10
-6%
|
11
+16%
|
14
+21%
|
14
+1%
|
11
-19%
|
8
-28%
|
5
-33%
|
5
-9%
|
10
+101%
|
10
N/A
|
10
-4%
|
8
-20%
|
(1)
N/A
|
(0)
+91%
|
(1)
-1 093%
|
(2)
-132%
|
23
N/A
|
251
+996%
|
604
+140%
|
930
+54%
|
1 217
+31%
|
1 102
-9%
|
789
-28%
|
447
-43%
|
167
-63%
|
41
-76%
|
20
-52%
|
(190)
N/A
|
(214)
-13%
|
(194)
+10%
|
(232)
-20%
|
(20)
+92%
|
9
N/A
|
(2)
N/A
|
(8)
-226%
|
51
N/A
|
70
+36%
|
62
-10%
|
92
+47%
|
|
| EPS (Diluted) |
1.05
N/A
|
0.75
-29%
|
0.82
+9%
|
0.94
+15%
|
1.16
+23%
|
1.34
+16%
|
1.36
+1%
|
1.24
-9%
|
1.18
-5%
|
1.12
-5%
|
1.31
+17%
|
1.55
+18%
|
1.31
-15%
|
1.06
-19%
|
0.76
-28%
|
0.5
-34%
|
0.47
-6%
|
0.92
+96%
|
0.92
N/A
|
0.89
-3%
|
0.72
-19%
|
-0.09
N/A
|
-0.01
+89%
|
-0.1
-900%
|
-0.22
-120%
|
2.16
N/A
|
23.85
+1 004%
|
57.8
+142%
|
88.33
+53%
|
116.9
+32%
|
106.47
-9%
|
74.08
-30%
|
41.97
-43%
|
17.13
-59%
|
4.15
-76%
|
2
-52%
|
-19.41
N/A
|
-22.07
-14%
|
-20.26
+8%
|
-24.31
-20%
|
-2.38
+90%
|
0.98
N/A
|
-0.25
N/A
|
-0.83
-232%
|
5.44
N/A
|
7.53
+38%
|
6.69
-11%
|
9.93
+48%
|
|