Nicolas Correa SA
MAD:NEA
Income Statement
Earnings Waterfall
Nicolas Correa SA
Revenue
|
109.9m
EUR
|
Cost of Revenue
|
-49.1m
EUR
|
Gross Profit
|
60.8m
EUR
|
Operating Expenses
|
-48.6m
EUR
|
Operating Income
|
12.1m
EUR
|
Other Expenses
|
-1.6m
EUR
|
Net Income
|
10.5m
EUR
|
Income Statement
Nicolas Correa SA
Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
69
N/A
|
67
-4%
|
71
+7%
|
77
+7%
|
84
+10%
|
98
+17%
|
103
+5%
|
110
+6%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(31)
|
(29)
|
(32)
|
(34)
|
(39)
|
(46)
|
(46)
|
(49)
|
|
Gross Profit |
39
N/A
|
37
-3%
|
39
+5%
|
42
+8%
|
45
+7%
|
52
+16%
|
57
+9%
|
61
+7%
|
|
Operating Income | |||||||||
Operating Expenses |
(31)
|
(31)
|
(32)
|
(35)
|
(38)
|
(43)
|
(46)
|
(49)
|
|
Selling, General & Administrative |
(18)
|
(19)
|
(18)
|
(21)
|
(20)
|
(25)
|
(24)
|
(28)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
(12)
|
(10)
|
(13)
|
(13)
|
(16)
|
(17)
|
(20)
|
(18)
|
|
Operating Income |
7
N/A
|
6
-12%
|
7
+4%
|
7
+7%
|
7
-3%
|
9
+28%
|
11
+22%
|
12
+11%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
(0)
|
|
Pre-Tax Income |
7
N/A
|
6
-10%
|
7
+5%
|
7
+4%
|
7
+0%
|
10
+46%
|
12
+20%
|
13
+3%
|
|
Net Income | |||||||||
Tax Provision |
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
Income from Continuing Operations |
7
|
6
|
6
|
6
|
6
|
9
|
11
|
11
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
7
N/A
|
6
-19%
|
6
+2%
|
6
-6%
|
6
+0%
|
9
+62%
|
11
+16%
|
11
+0%
|
|
EPS (Diluted) |
0.59
N/A
|
0.47
-20%
|
0.48
+2%
|
0.46
-4%
|
0.46
N/A
|
0.75
+63%
|
0.87
+16%
|
0.87
N/A
|