Avio SpA
MIL:AVIO
Income Statement
Earnings Waterfall
Avio SpA
Income Statement
Avio SpA
| Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Interest Expense |
1
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
1
|
0
|
0
|
|
| Revenue |
391
N/A
|
375
-4%
|
352
-6%
|
309
-12%
|
320
+4%
|
321
+0%
|
371
+16%
|
396
+7%
|
344
-13%
|
397
+15%
|
480
+21%
|
530
+10%
|
584
+10%
|
|
| Gross Profit | ||||||||||||||
| Cost of Revenue |
(101)
|
(80)
|
(73)
|
(67)
|
(69)
|
(74)
|
(108)
|
(123)
|
(91)
|
(102)
|
(138)
|
(157)
|
(180)
|
|
| Gross Profit |
290
N/A
|
295
+2%
|
278
-6%
|
242
-13%
|
251
+4%
|
247
-2%
|
263
+6%
|
273
+4%
|
252
-8%
|
294
+17%
|
343
+17%
|
373
+9%
|
404
+8%
|
|
| Operating Income | ||||||||||||||
| Operating Expenses |
(267)
|
(271)
|
(264)
|
(240)
|
(245)
|
(245)
|
(261)
|
(271)
|
(250)
|
(286)
|
(337)
|
(366)
|
(395)
|
|
| Selling, General & Administrative |
(252)
|
(256)
|
(245)
|
(220)
|
(228)
|
(231)
|
(273)
|
(280)
|
(237)
|
(276)
|
(322)
|
(350)
|
(379)
|
|
| Depreciation & Amortization |
(16)
|
(16)
|
(19)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(15)
|
(15)
|
(17)
|
(19)
|
(20)
|
|
| Other Operating Expenses |
2
|
1
|
0
|
1
|
4
|
7
|
31
|
28
|
3
|
4
|
3
|
2
|
4
|
|
| Operating Income |
23
N/A
|
24
+5%
|
14
-43%
|
2
-83%
|
6
+149%
|
2
-60%
|
2
-33%
|
2
+47%
|
3
+20%
|
8
+179%
|
6
-21%
|
7
+14%
|
9
+29%
|
|
| Pre-Tax Income | ||||||||||||||
| Interest Income Expense |
5
|
4
|
1
|
2
|
2
|
3
|
(0)
|
2
|
4
|
2
|
1
|
1
|
5
|
|
| Non-Reccuring Items |
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Pre-Tax Income |
27
N/A
|
27
+1%
|
15
-44%
|
5
-69%
|
9
+83%
|
5
-47%
|
1
-70%
|
4
+204%
|
7
+58%
|
10
+48%
|
7
-31%
|
8
+13%
|
13
+72%
|
|
| Net Income | ||||||||||||||
| Tax Provision |
0
|
1
|
(1)
|
(1)
|
1
|
(1)
|
(0)
|
1
|
(0)
|
(1)
|
(0)
|
0
|
(1)
|
|
| Income from Continuing Operations |
27
|
28
|
15
|
4
|
9
|
4
|
1
|
5
|
7
|
9
|
6
|
8
|
12
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
(0)
|
1
|
(0)
|
(2)
|
(1)
|
|
| Net Income (Common) |
26
N/A
|
28
+8%
|
14
-50%
|
3
-76%
|
8
+152%
|
1
-83%
|
(0)
N/A
|
5
N/A
|
6
+21%
|
10
+50%
|
6
-38%
|
6
-2%
|
10
+76%
|
|
| EPS (Diluted) |
0.99
N/A
|
1.07
+8%
|
0.54
-50%
|
0.13
-76%
|
0.32
+146%
|
0.06
-81%
|
-0.01
N/A
|
0.2
N/A
|
0.2
N/A
|
0.37
+85%
|
0.19
-49%
|
0.18
-5%
|
0.34
+89%
|
|