Alerion Clean Power SpA
MIL:ARN
Income Statement
Earnings Waterfall
Alerion Clean Power SpA
Income Statement
Alerion Clean Power SpA
| Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | 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 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | 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 |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
16
|
12
|
19
|
11
|
17
|
22
|
29
|
26
|
23
|
22
|
21
|
26
|
29
|
35
|
41
|
44
|
|
| Revenue |
43
N/A
|
44
+2%
|
12
-72%
|
11
-10%
|
8
-26%
|
7
-20%
|
5
-25%
|
4
-10%
|
3
-29%
|
14
+356%
|
4
-71%
|
5
+28%
|
8
+53%
|
31
+287%
|
44
+40%
|
46
+4%
|
15
-68%
|
19
+29%
|
23
+19%
|
26
+13%
|
31
+21%
|
36
+15%
|
38
+7%
|
40
+6%
|
47
+17%
|
51
+8%
|
57
+12%
|
59
+4%
|
65
+10%
|
71
+10%
|
73
+3%
|
77
+6%
|
76
-2%
|
72
-5%
|
67
-7%
|
61
-10%
|
66
+9%
|
48
-27%
|
46
-5%
|
46
0%
|
45
-3%
|
48
+8%
|
48
N/A
|
47
-2%
|
44
-6%
|
32
-29%
|
56
+77%
|
54
-3%
|
70
+29%
|
93
+32%
|
101
+9%
|
114
+13%
|
149
+30%
|
231
+55%
|
263
+14%
|
201
-24%
|
164
-19%
|
159
-3%
|
223
+40%
|
208
-7%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(37)
|
(43)
|
(11)
|
(11)
|
(2)
|
(5)
|
(5)
|
(4)
|
(0)
|
(4)
|
(2)
|
(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
|
(2)
|
0
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(9)
|
(10)
|
(12)
|
(13)
|
(14)
|
|
| Gross Profit |
6
N/A
|
1
-79%
|
1
-8%
|
(0)
N/A
|
6
N/A
|
2
-74%
|
0
-80%
|
0
-3%
|
3
+832%
|
10
+261%
|
2
-83%
|
4
+118%
|
7
+94%
|
5
-35%
|
8
+65%
|
11
+32%
|
14
+35%
|
19
+33%
|
23
+19%
|
26
+13%
|
31
+21%
|
0
N/A
|
0
N/A
|
0
N/A
|
47
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
53
N/A
|
0
N/A
|
68
N/A
|
52
-24%
|
98
+90%
|
111
+13%
|
146
+31%
|
227
+56%
|
257
+13%
|
193
-25%
|
154
-20%
|
147
-4%
|
211
+43%
|
194
-8%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(11)
|
(5)
|
(5)
|
(4)
|
(9)
|
(5)
|
(5)
|
(5)
|
(9)
|
(6)
|
(7)
|
(8)
|
(16)
|
(19)
|
(22)
|
(23)
|
(19)
|
(21)
|
(25)
|
(29)
|
(33)
|
(36)
|
(37)
|
(39)
|
(41)
|
(46)
|
(51)
|
(54)
|
(49)
|
(47)
|
(45)
|
(43)
|
(44)
|
(42)
|
(39)
|
(35)
|
(46)
|
(38)
|
(38)
|
(39)
|
(39)
|
(39)
|
(40)
|
(40)
|
(39)
|
(16)
|
(30)
|
(35)
|
(41)
|
(59)
|
(63)
|
(60)
|
(69)
|
(85)
|
(75)
|
(49)
|
(56)
|
(72)
|
(77)
|
(74)
|
|
| Selling, General & Administrative |
(8)
|
(4)
|
(4)
|
(4)
|
(8)
|
(4)
|
(4)
|
(4)
|
(7)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(12)
|
(12)
|
(19)
|
(1)
|
(1)
|
(3)
|
(1)
|
(2)
|
(1)
|
0
|
(1)
|
(0)
|
(17)
|
(16)
|
(15)
|
(17)
|
(18)
|
(17)
|
|
| Depreciation & Amortization |
(2)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(8)
|
(10)
|
(13)
|
(16)
|
(18)
|
(18)
|
(19)
|
(20)
|
(23)
|
(26)
|
(28)
|
(21)
|
(19)
|
(17)
|
(16)
|
(23)
|
(22)
|
(20)
|
(18)
|
(21)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(18)
|
(19)
|
(20)
|
(10)
|
(20)
|
(22)
|
(24)
|
(33)
|
(42)
|
(42)
|
(41)
|
(41)
|
(43)
|
(48)
|
(51)
|
(53)
|
(53)
|
(53)
|
|
| Other Operating Expenses |
(1)
|
(2)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(10)
|
(11)
|
(12)
|
(13)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(19)
|
(20)
|
(23)
|
(22)
|
(22)
|
(22)
|
(16)
|
(15)
|
(14)
|
(13)
|
(20)
|
(17)
|
(15)
|
(16)
|
(16)
|
(16)
|
(10)
|
(9)
|
0
|
(5)
|
(9)
|
(10)
|
(16)
|
(22)
|
(20)
|
(19)
|
(27)
|
(44)
|
(15)
|
15
|
11
|
(2)
|
(6)
|
(5)
|
|
| Operating Income |
(6)
N/A
|
(4)
+26%
|
(4)
+1%
|
(5)
-14%
|
(2)
+49%
|
(3)
-27%
|
(4)
-41%
|
(4)
-1%
|
(6)
-40%
|
5
N/A
|
(5)
N/A
|
(4)
+15%
|
(9)
-113%
|
12
N/A
|
22
+81%
|
22
+1%
|
(5)
N/A
|
(2)
+60%
|
(2)
-8%
|
(4)
-73%
|
(2)
+45%
|
(0)
+84%
|
1
N/A
|
1
+10%
|
6
+437%
|
5
-21%
|
6
+36%
|
5
-18%
|
16
+209%
|
24
+57%
|
28
+16%
|
34
+22%
|
32
-8%
|
31
-4%
|
29
-6%
|
25
-12%
|
20
-20%
|
10
-52%
|
8
-17%
|
7
-11%
|
6
-22%
|
9
+62%
|
8
-11%
|
7
-13%
|
6
-21%
|
15
+172%
|
23
+50%
|
19
-16%
|
27
+41%
|
32
+20%
|
35
+7%
|
51
+46%
|
77
+51%
|
142
+85%
|
182
+29%
|
144
-21%
|
98
-32%
|
75
-23%
|
133
+77%
|
120
-10%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
6
|
9
|
4
|
2
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(5)
|
(4)
|
(0)
|
28
|
3
|
5
|
2
|
(3)
|
5
|
5
|
6
|
(7)
|
1
|
(4)
|
(7)
|
(13)
|
(13)
|
(14)
|
(16)
|
(19)
|
(18)
|
(20)
|
(20)
|
(21)
|
(20)
|
(18)
|
(17)
|
(18)
|
(14)
|
(16)
|
(16)
|
(34)
|
(34)
|
(32)
|
(32)
|
(17)
|
(11)
|
(16)
|
(9)
|
(0)
|
(7)
|
(24)
|
(17)
|
(8)
|
(5)
|
(12)
|
3
|
5
|
(23)
|
(31)
|
(35)
|
|
| Non-Reccuring Items |
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
9
|
(4)
|
(4)
|
(4)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(3)
|
(4)
|
(1)
|
(0)
|
(4)
|
(4)
|
(6)
|
(7)
|
(4)
|
(4)
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
1
|
0
|
0
|
0
|
0
|
(17)
|
(25)
|
(8)
|
0
|
0
|
|
| Total Other Income |
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(3)
|
(3)
|
1
|
4
|
(3)
|
(4)
|
0
|
(8)
|
(10)
|
(10)
|
2
|
(8)
|
(5)
|
(2)
|
3
|
0
|
0
|
0
|
1
|
(1)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
1
|
0
|
0
|
0
|
0
|
0
|
2
|
4
|
5
|
7
|
9
|
8
|
|
| Pre-Tax Income |
3
N/A
|
4
+38%
|
(0)
N/A
|
(3)
-739%
|
(4)
-34%
|
(6)
-57%
|
(9)
-34%
|
(9)
-6%
|
(12)
-28%
|
(9)
+22%
|
(13)
-43%
|
(8)
+38%
|
29
N/A
|
16
-47%
|
21
+33%
|
16
-22%
|
(8)
N/A
|
(6)
+29%
|
(7)
-12%
|
(8)
-22%
|
(8)
+3%
|
(8)
+2%
|
(8)
0%
|
(9)
-13%
|
(5)
+47%
|
(8)
-82%
|
(9)
-2%
|
(12)
-35%
|
(5)
+60%
|
5
N/A
|
7
+45%
|
13
+87%
|
7
-43%
|
7
-8%
|
8
+13%
|
5
-30%
|
1
-75%
|
(4)
N/A
|
(12)
-177%
|
(13)
-6%
|
(34)
-174%
|
(31)
+10%
|
(27)
+12%
|
(29)
-5%
|
(13)
+54%
|
4
N/A
|
7
+50%
|
11
+60%
|
26
+142%
|
25
-1%
|
12
-51%
|
33
+172%
|
69
+106%
|
136
+99%
|
171
+26%
|
134
-22%
|
82
-39%
|
51
-39%
|
111
+119%
|
93
-17%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(9)
|
(9)
|
(9)
|
(8)
|
4
|
4
|
6
|
6
|
3
|
3
|
1
|
1
|
(1)
|
0
|
2
|
2
|
(0)
|
(3)
|
(5)
|
(6)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
1
|
4
|
2
|
7
|
6
|
4
|
7
|
4
|
(1)
|
(3)
|
(4)
|
(4)
|
(5)
|
19
|
13
|
(18)
|
(62)
|
(98)
|
(55)
|
(14)
|
(15)
|
(15)
|
(9)
|
|
| Income from Continuing Operations |
2
|
3
|
(1)
|
(4)
|
(5)
|
(7)
|
(9)
|
(10)
|
(13)
|
(11)
|
(15)
|
(10)
|
20
|
6
|
11
|
8
|
(4)
|
(2)
|
(1)
|
(2)
|
(5)
|
(5)
|
(7)
|
(7)
|
(5)
|
(8)
|
(7)
|
(9)
|
(5)
|
2
|
2
|
6
|
4
|
4
|
5
|
3
|
(0)
|
(3)
|
(8)
|
(11)
|
(28)
|
(25)
|
(23)
|
(22)
|
(9)
|
3
|
3
|
7
|
21
|
20
|
32
|
46
|
50
|
75
|
73
|
79
|
68
|
35
|
96
|
84
|
|
| Income to Minority Interest |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Net Income (Common) |
2
N/A
|
3
+37%
|
(1)
N/A
|
(4)
-232%
|
(5)
-27%
|
(7)
-46%
|
(9)
-29%
|
(10)
-4%
|
(13)
-38%
|
(11)
+19%
|
(5)
+55%
|
(1)
+84%
|
20
N/A
|
18
-8%
|
11
-38%
|
9
-19%
|
(5)
N/A
|
(3)
+37%
|
0
N/A
|
(2)
N/A
|
(4)
-122%
|
(5)
-5%
|
(6)
-35%
|
(7)
-4%
|
(5)
+29%
|
5
N/A
|
6
+20%
|
4
-37%
|
8
+99%
|
2
-77%
|
2
+4%
|
7
+259%
|
4
-38%
|
4
-1%
|
4
+3%
|
3
-36%
|
(1)
N/A
|
(3)
-289%
|
(8)
-137%
|
(10)
-30%
|
(27)
-163%
|
(24)
+11%
|
(22)
+7%
|
(21)
+7%
|
(9)
+59%
|
3
N/A
|
3
+19%
|
7
+93%
|
21
+216%
|
20
-3%
|
31
+52%
|
20
-37%
|
49
+148%
|
72
+48%
|
71
-2%
|
78
+10%
|
67
-14%
|
34
-49%
|
96
+179%
|
83
-13%
|
|
| EPS (Diluted) |
0.05
N/A
|
0.08
+60%
|
-0.02
N/A
|
-0.09
-350%
|
-0.12
-33%
|
-0.18
-50%
|
-0.23
-28%
|
-0.24
-4%
|
-0.32
-33%
|
-0.26
+19%
|
-0.11
+58%
|
-0.01
+91%
|
0.47
N/A
|
0.44
-6%
|
0.27
-39%
|
0.2
-26%
|
-0.13
N/A
|
-0.07
+46%
|
-0.01
+86%
|
-0.06
-500%
|
-0.1
-67%
|
-0.1
N/A
|
-0.15
-50%
|
-0.16
-7%
|
-0.11
+31%
|
0.11
N/A
|
0.14
+27%
|
0.08
-43%
|
0.17
+113%
|
0.04
-76%
|
0.04
N/A
|
0.15
+275%
|
0.09
-40%
|
0.09
N/A
|
0.09
N/A
|
0.06
-33%
|
-0.02
N/A
|
-0.06
-200%
|
-0.16
-167%
|
-0.22
-38%
|
-0.62
-182%
|
-0.56
+10%
|
-0.5
+11%
|
-0.49
+2%
|
-0.2
+59%
|
0.06
N/A
|
0.07
+17%
|
0.13
+86%
|
0.42
+223%
|
0.4
-5%
|
0.57
+42%
|
0.36
-37%
|
0.9
+150%
|
1.34
+49%
|
1.32
-1%
|
1.45
+10%
|
1.24
-14%
|
0.64
-48%
|
1.79
+180%
|
1.56
-13%
|
|