Audax Renovables SA
MAD:ADX
Income Statement
Earnings Waterfall
Audax Renovables SA
Income Statement
Audax Renovables SA
| Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | 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 | 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue |
1
N/A
|
1
+8%
|
1
N/A
|
2
+62%
|
4
+76%
|
5
+32%
|
6
+29%
|
7
+10%
|
8
+12%
|
11
+45%
|
14
+23%
|
18
+28%
|
20
+15%
|
22
+6%
|
22
+2%
|
23
+4%
|
22
-3%
|
21
-5%
|
23
+8%
|
27
+16%
|
31
+16%
|
35
+15%
|
41
+15%
|
43
+6%
|
43
+1%
|
45
+3%
|
46
+2%
|
46
-1%
|
45
-2%
|
44
-2%
|
41
-8%
|
38
-7%
|
38
N/A
|
33
-13%
|
30
-7%
|
27
-11%
|
26
-6%
|
28
+7%
|
28
+2%
|
29
+2%
|
28
0%
|
28
-1%
|
27
-4%
|
28
+2%
|
30
+9%
|
32
+6%
|
34
+8%
|
36
+4%
|
671
+1 768%
|
849
+27%
|
1 081
+27%
|
1 356
+25%
|
987
-27%
|
1 372
+39%
|
1 658
+21%
|
1 631
-2%
|
1 044
-36%
|
1 534
+47%
|
1 177
-23%
|
1 143
-3%
|
967
-15%
|
1 074
+11%
|
1 253
+17%
|
1 481
+18%
|
1 679
+13%
|
2 073
+24%
|
2 311
+11%
|
2 569
+11%
|
2 626
+2%
|
2 587
-1%
|
2 520
-3%
|
2 379
-6%
|
2 290
-4%
|
2 076
-9%
|
1 958
-6%
|
1 897
-3%
|
1 982
+4%
|
2 071
+4%
|
2 617
+26%
|
3 488
+33%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(3)
|
(0)
|
0
|
(0)
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(594)
|
(166)
|
(384)
|
(637)
|
(883)
|
(1 231)
|
(1 477)
|
(1 444)
|
(917)
|
(1 342)
|
(1 025)
|
(998)
|
(854)
|
(960)
|
(1 142)
|
(1 367)
|
(1 561)
|
(1 951)
|
(2 181)
|
(2 434)
|
(2 489)
|
(2 435)
|
(2 344)
|
(2 173)
|
(2 057)
|
(1 832)
|
(1 706)
|
(1 659)
|
(1 752)
|
(1 880)
|
(2 373)
|
(3 136)
|
|
| Gross Profit |
1
N/A
|
1
+13%
|
1
-11%
|
2
+100%
|
3
+94%
|
4
+39%
|
6
+35%
|
6
+10%
|
7
+16%
|
11
+46%
|
13
+22%
|
15
+14%
|
20
+32%
|
0
N/A
|
16
N/A
|
0
N/A
|
23
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
32
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
44
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
45
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
38
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
26
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
29
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
30
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
76
N/A
|
21
-73%
|
44
+112%
|
74
+68%
|
104
+40%
|
142
+37%
|
181
+28%
|
187
+3%
|
127
-32%
|
192
+52%
|
152
-21%
|
146
-4%
|
113
-22%
|
114
+1%
|
111
-2%
|
114
+2%
|
117
+3%
|
122
+4%
|
130
+7%
|
135
+3%
|
137
+2%
|
152
+11%
|
176
+16%
|
205
+17%
|
234
+14%
|
244
+4%
|
251
+3%
|
238
-5%
|
230
-3%
|
190
-17%
|
243
+28%
|
352
+45%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
(10)
|
(15)
|
(17)
|
(18)
|
(18)
|
(19)
|
(19)
|
(21)
|
(23)
|
(25)
|
(27)
|
(28)
|
(30)
|
(35)
|
(173)
|
(174)
|
(35)
|
(32)
|
(32)
|
(28)
|
(27)
|
(26)
|
(24)
|
(24)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(23)
|
(25)
|
(26)
|
(26)
|
(25)
|
(24)
|
(58)
|
(665)
|
(681)
|
(695)
|
(84)
|
(107)
|
(129)
|
(131)
|
(84)
|
(126)
|
(99)
|
(95)
|
(78)
|
(81)
|
(85)
|
(92)
|
(92)
|
(94)
|
(99)
|
(104)
|
(107)
|
(116)
|
(122)
|
(132)
|
(155)
|
(157)
|
(161)
|
(152)
|
(136)
|
(95)
|
(123)
|
(185)
|
|
| Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(37)
|
0
|
(10)
|
0
|
(35)
|
0
|
(21)
|
0
|
(41)
|
0
|
0
|
0
|
(45)
|
0
|
(15)
|
0
|
(57)
|
0
|
(18)
|
0
|
(99)
|
0
|
(20)
|
0
|
(81)
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(13)
|
(15)
|
(17)
|
(19)
|
(20)
|
(21)
|
(21)
|
(19)
|
(18)
|
(17)
|
(15)
|
(14)
|
(14)
|
(13)
|
(12)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(12)
|
(12)
|
(19)
|
(21)
|
(24)
|
(28)
|
(25)
|
(34)
|
(41)
|
(41)
|
(26)
|
(38)
|
(28)
|
(27)
|
(20)
|
(19)
|
(20)
|
(21)
|
(22)
|
(23)
|
(23)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(21)
|
(25)
|
(33)
|
|
| Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(8)
|
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(12)
|
(153)
|
(154)
|
(16)
|
(12)
|
(15)
|
(11)
|
(11)
|
(10)
|
(9)
|
(10)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(11)
|
(11)
|
(16)
|
(644)
|
(656)
|
(667)
|
(22)
|
(74)
|
(77)
|
(90)
|
(24)
|
(89)
|
(50)
|
(68)
|
(17)
|
(62)
|
(65)
|
(71)
|
(25)
|
(71)
|
(61)
|
(82)
|
(28)
|
(94)
|
(83)
|
(110)
|
(35)
|
(136)
|
(119)
|
(131)
|
(34)
|
(73)
|
(98)
|
(152)
|
|
| Operating Income |
(0)
N/A
|
(0)
+50%
|
(0)
N/A
|
1
N/A
|
1
+83%
|
2
+36%
|
2
+20%
|
1
-28%
|
2
+23%
|
3
+75%
|
4
+32%
|
5
+30%
|
5
+2%
|
5
+4%
|
4
-14%
|
5
+5%
|
4
-13%
|
2
-40%
|
2
-13%
|
4
+86%
|
7
+79%
|
9
+24%
|
12
+41%
|
13
+3%
|
10
-22%
|
(129)
N/A
|
(129)
0%
|
11
N/A
|
14
+31%
|
12
-11%
|
13
+2%
|
11
-13%
|
12
+8%
|
9
-22%
|
7
-26%
|
6
-10%
|
5
-21%
|
7
+37%
|
7
+9%
|
8
+8%
|
8
-5%
|
6
-16%
|
4
-33%
|
3
-33%
|
4
+50%
|
6
+43%
|
10
+58%
|
12
+25%
|
19
+56%
|
18
-2%
|
17
-9%
|
23
+41%
|
20
-16%
|
35
+75%
|
53
+52%
|
56
+7%
|
42
-25%
|
66
+56%
|
53
-19%
|
51
-4%
|
35
-31%
|
33
-7%
|
26
-20%
|
22
-17%
|
25
+15%
|
28
+11%
|
31
+11%
|
31
0%
|
30
-3%
|
37
+23%
|
54
+46%
|
73
+36%
|
78
+7%
|
87
+11%
|
91
+5%
|
86
-5%
|
94
+9%
|
96
+2%
|
121
+26%
|
167
+38%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
1
|
1
|
1
|
1
|
0
|
(1)
|
0
|
2
|
2
|
2
|
0
|
(2)
|
(4)
|
(4)
|
(5)
|
(4)
|
(7)
|
(6)
|
(7)
|
(8)
|
(5)
|
(8)
|
(10)
|
(12)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
(12)
|
(11)
|
(11)
|
(10)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(8)
|
(16)
|
(18)
|
(20)
|
(22)
|
(17)
|
(21)
|
(25)
|
(24)
|
(16)
|
(21)
|
(16)
|
(17)
|
(13)
|
(15)
|
(19)
|
(22)
|
(27)
|
(29)
|
(26)
|
(24)
|
(20)
|
(24)
|
(28)
|
(27)
|
(30)
|
(15)
|
(8)
|
(10)
|
(5)
|
(13)
|
(29)
|
(50)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
(55)
|
(55)
|
(56)
|
(56)
|
(139)
|
0
|
0
|
(139)
|
(93)
|
(91)
|
(91)
|
(90)
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
(0)
|
(14)
|
(14)
|
(17)
|
(17)
|
(31)
|
(31)
|
(27)
|
(27)
|
3
|
3
|
5
|
5
|
8
|
9
|
7
|
11
|
7
|
8
|
7
|
3
|
12
|
16
|
17
|
16
|
(0)
|
0
|
1
|
1
|
2
|
2
|
0
|
(2)
|
(3)
|
(4)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
0
|
(2)
|
(1)
|
(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
|
|
| Pre-Tax Income |
1
N/A
|
1
-36%
|
1
N/A
|
2
+129%
|
2
+25%
|
2
-15%
|
2
-6%
|
2
-6%
|
3
+113%
|
5
+59%
|
5
+6%
|
5
-7%
|
3
-34%
|
2
-55%
|
(0)
N/A
|
(0)
-200%
|
(0)
N/A
|
(3)
-767%
|
(2)
+35%
|
(1)
+65%
|
(56)
-9 183%
|
(51)
+8%
|
(52)
0%
|
(53)
-3%
|
(141)
-165%
|
(144)
-2%
|
(144)
+0%
|
(143)
+0%
|
(93)
+35%
|
(92)
+1%
|
(91)
+1%
|
(91)
+0%
|
2
N/A
|
1
-63%
|
(1)
N/A
|
0
N/A
|
(1)
N/A
|
0
N/A
|
1
+100%
|
(0)
N/A
|
(14)
-4 587%
|
(15)
-6%
|
(21)
-40%
|
(23)
-11%
|
(36)
-55%
|
(34)
+5%
|
(27)
+22%
|
(24)
+11%
|
6
N/A
|
4
-40%
|
1
-71%
|
7
+570%
|
11
+67%
|
22
+101%
|
34
+52%
|
43
+27%
|
33
-24%
|
52
+58%
|
44
-15%
|
38
-16%
|
34
-9%
|
33
-3%
|
24
-27%
|
16
-34%
|
(2)
N/A
|
(1)
+27%
|
6
N/A
|
8
+18%
|
13
+66%
|
15
+17%
|
25
+72%
|
44
+74%
|
45
+2%
|
68
+51%
|
80
+18%
|
76
-6%
|
89
+18%
|
83
-7%
|
92
+11%
|
117
+27%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
6
|
6
|
6
|
6
|
31
|
31
|
32
|
32
|
15
|
15
|
14
|
14
|
(1)
|
(1)
|
(1)
|
(1)
|
3
|
2
|
2
|
2
|
1
|
1
|
2
|
2
|
4
|
4
|
4
|
4
|
0
|
0
|
2
|
(1)
|
(2)
|
(5)
|
(8)
|
(7)
|
(2)
|
(4)
|
(1)
|
(3)
|
(4)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(7)
|
(11)
|
(14)
|
(14)
|
(22)
|
(23)
|
(21)
|
(26)
|
(23)
|
(31)
|
(46)
|
|
| Income from Continuing Operations |
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
2
|
4
|
4
|
4
|
3
|
2
|
0
|
1
|
1
|
(1)
|
(1)
|
(0)
|
(50)
|
(46)
|
(46)
|
(47)
|
(110)
|
(113)
|
(112)
|
(112)
|
(78)
|
(77)
|
(77)
|
(77)
|
1
|
(0)
|
(2)
|
(1)
|
1
|
3
|
3
|
2
|
(13)
|
(14)
|
(19)
|
(21)
|
(32)
|
(30)
|
(23)
|
(20)
|
6
|
4
|
3
|
6
|
9
|
18
|
26
|
36
|
31
|
48
|
43
|
35
|
30
|
29
|
20
|
14
|
(3)
|
(3)
|
4
|
3
|
8
|
8
|
15
|
31
|
31
|
46
|
57
|
55
|
63
|
59
|
61
|
71
|
|
| Income to Minority Interest |
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
8
|
7
|
9
|
9
|
9
|
9
|
8
|
8
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
2
|
2
|
2
|
0
|
(0)
|
(0)
|
(0)
|
2
|
2
|
2
|
1
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
(9)
|
(9)
|
(8)
|
(4)
|
(3)
|
(1)
|
2
|
2
|
1
|
(2)
|
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
| Net Income (Common) |
1
N/A
|
1
-22%
|
1
-14%
|
1
+83%
|
1
+18%
|
1
-23%
|
1
-10%
|
1
-11%
|
2
+88%
|
3
+80%
|
3
+22%
|
3
-3%
|
2
-28%
|
1
-43%
|
0
-77%
|
0
+33%
|
1
+200%
|
(1)
N/A
|
(1)
+36%
|
(0)
+57%
|
(48)
-15 867%
|
(44)
+8%
|
(44)
0%
|
(45)
-2%
|
(103)
-129%
|
(106)
-3%
|
(104)
+2%
|
(103)
+0%
|
(69)
+33%
|
(68)
+2%
|
(69)
-1%
|
(69)
+0%
|
1
N/A
|
(1)
N/A
|
(2)
-144%
|
0
N/A
|
2
N/A
|
(38)
N/A
|
(38)
N/A
|
(40)
-7%
|
(53)
-33%
|
(12)
+77%
|
(18)
-45%
|
(20)
-9%
|
(32)
-60%
|
(30)
+5%
|
(23)
+24%
|
(20)
+11%
|
8
N/A
|
6
-30%
|
4
-29%
|
7
+71%
|
8
+20%
|
16
+88%
|
23
+45%
|
31
+34%
|
25
-17%
|
39
+52%
|
34
-11%
|
27
-21%
|
26
-3%
|
26
+0%
|
19
-29%
|
16
-14%
|
(2)
N/A
|
(2)
-33%
|
2
N/A
|
(2)
N/A
|
4
N/A
|
5
+31%
|
12
+155%
|
28
+140%
|
29
+3%
|
43
+48%
|
54
+27%
|
52
-5%
|
61
+17%
|
57
-6%
|
58
+2%
|
67
+16%
|
|
| EPS (Diluted) |
0.02
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.02
+100%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.01
-67%
|
0.03
+200%
|
0.02
-33%
|
0.02
N/A
|
0.01
-50%
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
-0.35
N/A
|
-0.31
+11%
|
-0.31
N/A
|
-0.32
-3%
|
-0.74
-131%
|
-0.77
-4%
|
-0.73
+5%
|
-0.76
-4%
|
-0.5
+34%
|
-0.5
N/A
|
-0.5
N/A
|
-0.5
N/A
|
0.01
N/A
|
0
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
-0.26
N/A
|
-0.26
N/A
|
-0.28
-8%
|
-0.38
-36%
|
-0.09
+76%
|
-0.13
-44%
|
-0.14
-8%
|
-0.23
-64%
|
-0.22
+4%
|
-0.17
+23%
|
-0.15
+12%
|
0.05
N/A
|
0.04
-20%
|
0.03
-25%
|
0.05
+67%
|
0.05
N/A
|
0.03
-40%
|
0.05
+67%
|
0.06
+20%
|
0.06
N/A
|
0.09
+50%
|
0.08
-11%
|
0.06
-25%
|
0.06
N/A
|
0.06
N/A
|
0.04
-33%
|
0.04
N/A
|
0
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.03
+200%
|
0.06
+100%
|
0.07
+17%
|
0.1
+43%
|
0.12
+20%
|
0.12
N/A
|
0.13
+8%
|
0.13
N/A
|
0.13
N/A
|
0.15
+15%
|
|