Nicolas Correa SA
MAD:NEA
Income Statement
Earnings Waterfall
Nicolas Correa SA
Income Statement
Nicolas Correa SA
| Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
69
N/A
|
67
-4%
|
71
+7%
|
77
+7%
|
84
+10%
|
98
+17%
|
103
+5%
|
110
+6%
|
120
+10%
|
121
+1%
|
118
-3%
|
|
| Gross Profit | ||||||||||||
| Cost of Revenue |
(31)
|
(29)
|
(32)
|
(34)
|
(39)
|
(46)
|
(46)
|
(49)
|
(55)
|
(54)
|
(52)
|
|
| Gross Profit |
39
N/A
|
37
-3%
|
39
+5%
|
42
+8%
|
45
+7%
|
52
+16%
|
57
+9%
|
61
+7%
|
66
+8%
|
68
+3%
|
67
-1%
|
|
| Operating Income | ||||||||||||
| Operating Expenses |
(31)
|
(31)
|
(32)
|
(35)
|
(38)
|
(43)
|
(46)
|
(49)
|
(51)
|
(51)
|
(51)
|
|
| Selling, General & Administrative |
(18)
|
(19)
|
(18)
|
(21)
|
(20)
|
(25)
|
(24)
|
(28)
|
(27)
|
(31)
|
(29)
|
|
| Depreciation & Amortization |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Other Operating Expenses |
(12)
|
(10)
|
(13)
|
(13)
|
(16)
|
(17)
|
(20)
|
(18)
|
(22)
|
(18)
|
(20)
|
|
| Operating Income |
7
N/A
|
6
-12%
|
7
+4%
|
7
+7%
|
7
-3%
|
9
+28%
|
11
+22%
|
12
+11%
|
15
+20%
|
16
+13%
|
16
-4%
|
|
| Pre-Tax Income | ||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
(0)
|
0
|
(0)
|
0
|
|
| Pre-Tax Income |
7
N/A
|
6
-10%
|
7
+5%
|
7
+4%
|
7
+0%
|
10
+46%
|
12
+20%
|
13
+3%
|
16
+22%
|
17
+10%
|
17
-3%
|
|
| Net Income | ||||||||||||
| Tax Provision |
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
|
| Income from Continuing Operations |
7
|
6
|
6
|
6
|
6
|
9
|
11
|
11
|
13
|
14
|
13
|
|
| Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(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%
|
13
+25%
|
14
+4%
|
13
-5%
|
|
| 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
|
1.08
+24%
|
1.13
+5%
|
1.07
-5%
|
|