Quadient SA
F:NEQ
Income Statement
Earnings Waterfall
Quadient SA
Income Statement
Quadient SA
| Jan-2003 | Jul-2003 | Jan-2004 | Jul-2004 | Jan-2005 | Jul-2005 | Jan-2006 | Jul-2006 | Jan-2007 | Jul-2007 | Jan-2008 | Jul-2008 | Jan-2009 | Jul-2009 | Jan-2010 | Jul-2010 | Jan-2011 | Jul-2011 | Jan-2012 | Jul-2012 | Jan-2013 | Jul-2013 | Jan-2014 | Jul-2014 | Jan-2015 | Jul-2015 | Jan-2016 | Jul-2016 | Jan-2017 | Jul-2017 | Jan-2018 | Jul-2018 | Jan-2019 | Jul-2019 | Jan-2020 | Jul-2020 | Jan-2021 | Jul-2021 | Jan-2022 | Jul-2022 | Jan-2023 | Jul-2023 | Jan-2024 | Jul-2024 | Jan-2025 | Jul-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
30
|
0
|
30
|
0
|
36
|
7
|
13
|
15
|
20
|
25
|
27
|
26
|
28
|
30
|
30
|
35
|
33
|
30
|
32
|
31
|
33
|
38
|
38
|
38
|
42
|
41
|
35
|
32
|
31
|
34
|
35
|
33
|
32
|
34
|
41
|
39
|
34
|
30
|
26
|
27
|
28
|
30
|
35
|
40
|
44
|
44
|
|
| Revenue |
761
N/A
|
776
+2%
|
751
-3%
|
743
-1%
|
756
+2%
|
789
+4%
|
827
+5%
|
873
+6%
|
919
+5%
|
939
+2%
|
907
-3%
|
890
-2%
|
918
+3%
|
923
+0%
|
913
-1%
|
927
+1%
|
966
+4%
|
978
+1%
|
1 003
+2%
|
1 028
+3%
|
1 070
+4%
|
1 095
+2%
|
1 096
+0%
|
1 093
0%
|
1 113
+2%
|
1 169
+5%
|
1 190
+2%
|
1 161
-2%
|
1 159
0%
|
1 161
+0%
|
1 112
-4%
|
1 081
-3%
|
1 092
+1%
|
1 121
+3%
|
1 143
+2%
|
1 071
-6%
|
1 029
-4%
|
1 048
+2%
|
1 024
-2%
|
1 044
+2%
|
1 071
+3%
|
1 070
0%
|
1 062
-1%
|
1 074
+1%
|
1 093
+2%
|
1 076
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(236)
|
(228)
|
(211)
|
(195)
|
(187)
|
(192)
|
(195)
|
(203)
|
(213)
|
(211)
|
(199)
|
(196)
|
(210)
|
(199)
|
(187)
|
(194)
|
(208)
|
(217)
|
(222)
|
(226)
|
(238)
|
(247)
|
(258)
|
(257)
|
(267)
|
(294)
|
(300)
|
(293)
|
(293)
|
(294)
|
(279)
|
(269)
|
(272)
|
(290)
|
(302)
|
(285)
|
(286)
|
(294)
|
(280)
|
(281)
|
(286)
|
(280)
|
(274)
|
(277)
|
(275)
|
(272)
|
|
| Gross Profit |
525
N/A
|
547
+4%
|
540
-1%
|
548
+1%
|
569
+4%
|
598
+5%
|
632
+6%
|
670
+6%
|
706
+5%
|
727
+3%
|
708
-3%
|
693
-2%
|
708
+2%
|
724
+2%
|
726
+0%
|
733
+1%
|
758
+3%
|
762
+0%
|
780
+2%
|
802
+3%
|
832
+4%
|
848
+2%
|
838
-1%
|
836
0%
|
846
+1%
|
875
+3%
|
890
+2%
|
868
-2%
|
865
0%
|
867
+0%
|
832
-4%
|
811
-3%
|
820
+1%
|
831
+1%
|
841
+1%
|
786
-7%
|
744
-5%
|
754
+1%
|
744
-1%
|
763
+2%
|
785
+3%
|
790
+1%
|
788
0%
|
798
+1%
|
818
+2%
|
803
-2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(397)
|
(406)
|
(390)
|
(389)
|
(398)
|
(404)
|
(427)
|
(449)
|
(467)
|
(480)
|
(471)
|
(465)
|
(472)
|
(487)
|
(491)
|
(496)
|
(510)
|
(512)
|
(524)
|
(540)
|
(565)
|
(581)
|
(575)
|
(581)
|
(613)
|
(648)
|
(656)
|
(648)
|
(656)
|
(661)
|
(641)
|
(624)
|
(638)
|
(648)
|
(667)
|
(645)
|
(612)
|
(620)
|
(608)
|
(625)
|
(636)
|
(636)
|
(633)
|
(653)
|
(672)
|
(654)
|
|
| Selling, General & Administrative |
(297)
|
(299)
|
(287)
|
(285)
|
(293)
|
(307)
|
(321)
|
(339)
|
(358)
|
(364)
|
(350)
|
(348)
|
(358)
|
(373)
|
(373)
|
(374)
|
(391)
|
(396)
|
(407)
|
(425)
|
(443)
|
(451)
|
(447)
|
(449)
|
(468)
|
(496)
|
(511)
|
(499)
|
(491)
|
(488)
|
(473)
|
(462)
|
(469)
|
(483)
|
(499)
|
(481)
|
(446)
|
(439)
|
(446)
|
(467)
|
(465)
|
(460)
|
(459)
|
(469)
|
(484)
|
(475)
|
|
| Research & Development |
(33)
|
(33)
|
(33)
|
(32)
|
(34)
|
(34)
|
(36)
|
(36)
|
(42)
|
(51)
|
(48)
|
(42)
|
(39)
|
(37)
|
(38)
|
(35)
|
(31)
|
(28)
|
(30)
|
(29)
|
(33)
|
(35)
|
(31)
|
(33)
|
(37)
|
(39)
|
(44)
|
(48)
|
(52)
|
(55)
|
(57)
|
(57)
|
(57)
|
(53)
|
(53)
|
(53)
|
(55)
|
(57)
|
(52)
|
(53)
|
(58)
|
(60)
|
(63)
|
(64)
|
(63)
|
(61)
|
|
| Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(61)
|
(68)
|
(65)
|
(72)
|
(65)
|
(62)
|
(70)
|
(74)
|
(68)
|
(64)
|
(73)
|
(75)
|
(76)
|
(77)
|
(81)
|
(86)
|
(89)
|
(88)
|
(86)
|
(86)
|
(90)
|
(95)
|
(98)
|
(99)
|
(109)
|
(113)
|
(101)
|
(101)
|
(114)
|
(118)
|
(111)
|
(105)
|
(112)
|
(111)
|
(115)
|
(111)
|
(111)
|
(124)
|
(110)
|
(106)
|
(114)
|
(116)
|
(111)
|
(120)
|
(125)
|
(119)
|
|
| Operating Income |
127
N/A
|
141
+11%
|
150
+6%
|
158
+6%
|
171
+8%
|
194
+14%
|
206
+6%
|
222
+8%
|
239
+8%
|
248
+4%
|
237
-4%
|
229
-4%
|
236
+3%
|
237
+1%
|
235
-1%
|
237
+1%
|
248
+5%
|
250
+1%
|
257
+3%
|
261
+2%
|
267
+2%
|
267
+0%
|
263
-2%
|
255
-3%
|
233
-9%
|
226
-3%
|
234
+3%
|
221
-6%
|
209
-5%
|
206
-2%
|
191
-7%
|
187
-2%
|
182
-3%
|
184
+1%
|
173
-6%
|
141
-19%
|
132
-6%
|
135
+2%
|
137
+1%
|
138
+1%
|
149
+8%
|
153
+3%
|
156
+2%
|
145
-7%
|
146
+0%
|
150
+3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(25)
|
(26)
|
(27)
|
(26)
|
(7)
|
(17)
|
(11)
|
(13)
|
(18)
|
(25)
|
(28)
|
(26)
|
(22)
|
(24)
|
(30)
|
(37)
|
(32)
|
(27)
|
(27)
|
(25)
|
(30)
|
(37)
|
(38)
|
(37)
|
(40)
|
(42)
|
(37)
|
(30)
|
(31)
|
(35)
|
(35)
|
(32)
|
(31)
|
(36)
|
(43)
|
(41)
|
(33)
|
(27)
|
(28)
|
(30)
|
(31)
|
(34)
|
(30)
|
(36)
|
(40)
|
(38)
|
|
| Non-Reccuring Items |
0
|
1
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
(19)
|
(21)
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(20)
|
(3)
|
(11)
|
(11)
|
(6)
|
(8)
|
(15)
|
(18)
|
(26)
|
(30)
|
(28)
|
(28)
|
(25)
|
(21)
|
(24)
|
(30)
|
(96)
|
(101)
|
(36)
|
(28)
|
(21)
|
(19)
|
(82)
|
(83)
|
(23)
|
(27)
|
(23)
|
(15)
|
|
| Total Other Income |
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(1)
|
0
|
1
|
(0)
|
(0)
|
(0)
|
0
|
2
|
1
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
1
|
15
|
20
|
5
|
(5)
|
(3)
|
(1)
|
(1)
|
1
|
1
|
|
| Pre-Tax Income |
102
N/A
|
116
+13%
|
123
+7%
|
133
+8%
|
163
+23%
|
178
+9%
|
195
+10%
|
210
+8%
|
222
+6%
|
225
+1%
|
190
-16%
|
182
-4%
|
215
+18%
|
214
0%
|
205
-4%
|
200
-3%
|
216
+8%
|
204
-6%
|
210
+3%
|
233
+11%
|
226
-3%
|
219
-3%
|
220
+0%
|
212
-4%
|
178
-16%
|
166
-6%
|
171
+3%
|
160
-6%
|
150
-6%
|
144
-5%
|
132
-8%
|
134
+1%
|
127
-5%
|
119
-6%
|
36
-70%
|
1
-98%
|
64
+9 086%
|
95
+47%
|
108
+14%
|
94
-13%
|
32
-66%
|
33
+5%
|
101
+204%
|
82
-19%
|
84
+3%
|
97
+15%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(33)
|
(33)
|
(41)
|
(46)
|
(55)
|
(58)
|
(57)
|
(60)
|
(65)
|
(65)
|
(54)
|
(52)
|
(58)
|
(57)
|
(57)
|
(56)
|
(59)
|
(54)
|
(55)
|
(62)
|
(65)
|
(58)
|
(56)
|
(59)
|
(45)
|
(39)
|
(41)
|
(38)
|
(38)
|
(38)
|
(1)
|
8
|
(37)
|
(42)
|
(21)
|
(11)
|
(24)
|
(31)
|
(20)
|
(22)
|
(17)
|
(11)
|
(17)
|
(9)
|
(17)
|
(35)
|
|
| Income from Continuing Operations |
69
|
82
|
83
|
87
|
108
|
120
|
138
|
150
|
157
|
160
|
136
|
130
|
157
|
157
|
148
|
144
|
157
|
150
|
155
|
171
|
161
|
161
|
164
|
153
|
133
|
128
|
130
|
123
|
113
|
105
|
131
|
142
|
90
|
77
|
15
|
(10)
|
41
|
64
|
88
|
72
|
15
|
23
|
84
|
73
|
67
|
63
|
|
| Income to Minority Interest |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
1
|
2
|
4
|
4
|
4
|
1
|
(1)
|
(0)
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
|
| Equity Earnings Affiliates |
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
1
|
1
|
1
|
(0)
|
1
|
2
|
1
|
1
|
1
|
0
|
(0)
|
0
|
1
|
1
|
|
| Net Income (Common) |
70
N/A
|
83
+19%
|
84
+1%
|
88
+5%
|
109
+24%
|
120
+10%
|
138
+15%
|
150
+9%
|
157
+5%
|
160
+2%
|
136
-15%
|
130
-4%
|
157
+21%
|
158
+0%
|
148
-6%
|
144
-3%
|
156
+8%
|
148
-5%
|
154
+4%
|
170
+10%
|
161
-5%
|
162
+1%
|
164
+2%
|
153
-7%
|
134
-12%
|
129
-4%
|
128
0%
|
118
-8%
|
109
-8%
|
102
-7%
|
125
+23%
|
134
+7%
|
83
-38%
|
70
-16%
|
5
-93%
|
(10)
N/A
|
32
N/A
|
41
+29%
|
79
+95%
|
64
-19%
|
10
-84%
|
20
+106%
|
69
+237%
|
57
-17%
|
66
+17%
|
63
-6%
|
|
| EPS (Diluted) |
1.92
N/A
|
2.58
+34%
|
2.3
-11%
|
2.72
+18%
|
3.06
+12%
|
3.43
+12%
|
3.95
+15%
|
4.35
+10%
|
4.64
+7%
|
4.75
+2%
|
4.03
-15%
|
3.94
-2%
|
4.8
+22%
|
4.85
+1%
|
4.52
-7%
|
4.03
-11%
|
4.41
+9%
|
4.08
-7%
|
4.2
+3%
|
4.85
+15%
|
4.25
-12%
|
4.7
+11%
|
4.3
-9%
|
3.99
-7%
|
3.5
-12%
|
3.7
+6%
|
3.39
-8%
|
2.95
-13%
|
2.73
-7%
|
2.53
-7%
|
3.1
+23%
|
3.34
+8%
|
2.03
-39%
|
1.71
-16%
|
0.15
-91%
|
-0.28
N/A
|
0.92
N/A
|
1
+9%
|
1.95
+95%
|
1.88
-4%
|
0.29
-85%
|
0.61
+110%
|
2.01
+230%
|
1.67
-17%
|
1.95
+17%
|
1.79
-8%
|
|