Kervan Gida Sanayi ve Ticaret AS
IST:KRVGD.E
Income Statement
Earnings Waterfall
Kervan Gida Sanayi ve Ticaret AS
Revenue
|
6.6B
TRY
|
Cost of Revenue
|
-4.6B
TRY
|
Gross Profit
|
2B
TRY
|
Operating Expenses
|
-1.2B
TRY
|
Operating Income
|
800.6m
TRY
|
Other Expenses
|
-397.4m
TRY
|
Net Income
|
403.2m
TRY
|
Income Statement
Kervan Gida Sanayi ve Ticaret AS
Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
1 083
N/A
|
1 212
+12%
|
1 564
+29%
|
1 848
+18%
|
2 518
+36%
|
3 205
+27%
|
4 053
+26%
|
4 840
+19%
|
5 341
+10%
|
5 938
+11%
|
6 594
+11%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(710)
|
(781)
|
(1 079)
|
(1 311)
|
(1 817)
|
(2 323)
|
(2 896)
|
(3 524)
|
(3 875)
|
(4 233)
|
(4 630)
|
|
Gross Profit |
373
N/A
|
432
+16%
|
485
+12%
|
537
+11%
|
701
+31%
|
883
+26%
|
1 157
+31%
|
1 317
+14%
|
1 467
+11%
|
1 705
+16%
|
1 964
+15%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(164)
|
(214)
|
(281)
|
(404)
|
(474)
|
(617)
|
(794)
|
(812)
|
(925)
|
(1 022)
|
(1 164)
|
|
Selling, General & Administrative |
(152)
|
(193)
|
(241)
|
(374)
|
(445)
|
(561)
|
(703)
|
(739)
|
(848)
|
(956)
|
(1 098)
|
|
Research & Development |
(3)
|
(3)
|
(4)
|
(6)
|
(6)
|
(7)
|
(9)
|
(14)
|
(16)
|
(20)
|
(23)
|
|
Depreciation & Amortization |
(9)
|
(11)
|
(14)
|
(14)
|
(19)
|
(27)
|
(33)
|
(41)
|
(46)
|
(49)
|
(54)
|
|
Other Operating Expenses |
2
|
(6)
|
(22)
|
(10)
|
(4)
|
(22)
|
(51)
|
(18)
|
(15)
|
3
|
12
|
|
Operating Income |
209
N/A
|
217
+4%
|
204
-6%
|
132
-35%
|
227
+71%
|
266
+17%
|
363
+36%
|
505
+39%
|
542
+7%
|
683
+26%
|
801
+17%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
(37)
|
(22)
|
(11)
|
(65)
|
(113)
|
(122)
|
(154)
|
(147)
|
(141)
|
(297)
|
(367)
|
|
Non-Reccuring Items |
0
|
0
|
54
|
43
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
1
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
|
Total Other Income |
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(4)
|
(4)
|
(4)
|
|
Pre-Tax Income |
171
N/A
|
192
+13%
|
245
+27%
|
109
-55%
|
112
+3%
|
142
+27%
|
208
+46%
|
350
+68%
|
397
+14%
|
381
-4%
|
429
+13%
|
|
Net Income | ||||||||||||
Tax Provision |
(13)
|
(11)
|
7
|
3
|
33
|
21
|
(7)
|
45
|
5
|
(13)
|
(19)
|
|
Income from Continuing Operations |
158
|
182
|
252
|
113
|
145
|
163
|
200
|
395
|
402
|
368
|
410
|
|
Income to Minority Interest |
(1)
|
(1)
|
4
|
20
|
27
|
31
|
27
|
13
|
2
|
(4)
|
(7)
|
|
Net Income (Common) |
157
N/A
|
181
+15%
|
256
+41%
|
133
-48%
|
172
+29%
|
195
+13%
|
228
+17%
|
408
+79%
|
404
-1%
|
365
-10%
|
403
+11%
|
|
EPS (Diluted) |
0.65
N/A
|
0.75
+15%
|
1.06
+41%
|
0.55
-48%
|
0.72
+31%
|
0.81
+13%
|
0.95
+17%
|
1.7
+79%
|
1.68
-1%
|
1.52
-10%
|
1.68
+11%
|