Brunello Cucinelli SpA
MIL:BC
Income Statement
Earnings Waterfall
Brunello Cucinelli SpA
Revenue
|
1.1B
EUR
|
Cost of Revenue
|
-111.9m
EUR
|
Gross Profit
|
1B
EUR
|
Operating Expenses
|
-840m
EUR
|
Operating Income
|
187.6m
EUR
|
Other Expenses
|
-72.9m
EUR
|
Net Income
|
114.6m
EUR
|
Income Statement
Brunello Cucinelli SpA
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 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||
Revenue |
244
N/A
|
255
+5%
|
262
+3%
|
272
+4%
|
279
+3%
|
291
+4%
|
302
+4%
|
311
+3%
|
322
+4%
|
333
+3%
|
341
+2%
|
348
+2%
|
356
+2%
|
368
+3%
|
380
+3%
|
396
+4%
|
414
+5%
|
553
+34%
|
575
+4%
|
608
+6%
|
521
-14%
|
544
+4%
|
653
+20%
|
712
+9%
|
814
+14%
|
920
+13%
|
1 048
+14%
|
1 139
+9%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(47)
|
(49)
|
(50)
|
(59)
|
(44)
|
(49)
|
(51)
|
(52)
|
(54)
|
(54)
|
(54)
|
(53)
|
(50)
|
(51)
|
(51)
|
(54)
|
(65)
|
(86)
|
(84)
|
(70)
|
(41)
|
(50)
|
(87)
|
(110)
|
(97)
|
(93)
|
(114)
|
(112)
|
|
Gross Profit |
197
N/A
|
205
+4%
|
212
+3%
|
213
+1%
|
235
+10%
|
242
+3%
|
251
+4%
|
258
+3%
|
269
+4%
|
279
+4%
|
287
+3%
|
296
+3%
|
306
+3%
|
317
+4%
|
329
+4%
|
342
+4%
|
349
+2%
|
467
+34%
|
491
+5%
|
538
+9%
|
481
-11%
|
494
+3%
|
566
+15%
|
602
+6%
|
716
+19%
|
826
+15%
|
934
+13%
|
1 028
+10%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(160)
|
(166)
|
(172)
|
(171)
|
(192)
|
(198)
|
(205)
|
(212)
|
(220)
|
(229)
|
(236)
|
(245)
|
(254)
|
(266)
|
(278)
|
(289)
|
(298)
|
(398)
|
(417)
|
(454)
|
(490)
|
(508)
|
(502)
|
(525)
|
(607)
|
(692)
|
(770)
|
(840)
|
|
Selling, General & Administrative |
(154)
|
(160)
|
(166)
|
(165)
|
(185)
|
(190)
|
(196)
|
(201)
|
(208)
|
(216)
|
(222)
|
(231)
|
(238)
|
(248)
|
(258)
|
(268)
|
(276)
|
(359)
|
(350)
|
(356)
|
(381)
|
(391)
|
(382)
|
(406)
|
(480)
|
(544)
|
(609)
|
(679)
|
|
Depreciation & Amortization |
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(14)
|
(15)
|
(16)
|
(18)
|
(18)
|
(26)
|
(54)
|
(86)
|
(96)
|
(104)
|
(110)
|
(116)
|
(123)
|
(132)
|
(137)
|
(139)
|
|
Other Operating Expenses |
(1)
|
(0)
|
(0)
|
0
|
0
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(14)
|
(12)
|
(12)
|
(13)
|
(13)
|
(10)
|
(3)
|
(4)
|
(16)
|
(24)
|
(22)
|
|
Operating Income |
36
N/A
|
40
+10%
|
40
+1%
|
42
+5%
|
43
+3%
|
44
+3%
|
46
+3%
|
46
+1%
|
49
+6%
|
50
+3%
|
51
+2%
|
51
-1%
|
52
+2%
|
51
0%
|
52
+1%
|
53
+1%
|
51
-3%
|
70
+36%
|
74
+7%
|
83
+12%
|
(9)
N/A
|
(15)
-64%
|
64
N/A
|
77
+21%
|
110
+42%
|
135
+23%
|
164
+22%
|
188
+14%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(4)
|
(10)
|
(14)
|
(17)
|
(18)
|
(14)
|
(14)
|
7
|
(9)
|
(26)
|
(14)
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(8)
|
(8)
|
(7)
|
(8)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
1
|
(2)
|
(1)
|
1
|
(0)
|
|
Pre-Tax Income |
33
N/A
|
36
+10%
|
30
-16%
|
32
+6%
|
34
+6%
|
35
+4%
|
42
+20%
|
43
+1%
|
45
+6%
|
47
+3%
|
48
+2%
|
47
-2%
|
46
-1%
|
46
-1%
|
46
N/A
|
46
+0%
|
46
+1%
|
65
+41%
|
65
-1%
|
69
+7%
|
(28)
N/A
|
(34)
-22%
|
50
N/A
|
64
+29%
|
115
+79%
|
124
+8%
|
140
+13%
|
173
+24%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(12)
|
(10)
|
(11)
|
(12)
|
(12)
|
(14)
|
(14)
|
(16)
|
(16)
|
(15)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(13)
|
(14)
|
(14)
|
(16)
|
8
|
2
|
(12)
|
(8)
|
(30)
|
(37)
|
(36)
|
(50)
|
|
Income from Continuing Operations |
21
|
24
|
20
|
21
|
23
|
23
|
28
|
29
|
30
|
30
|
32
|
32
|
32
|
32
|
32
|
32
|
33
|
51
|
50
|
53
|
(20)
|
(32)
|
37
|
56
|
85
|
87
|
103
|
124
|
|
Income to Minority Interest |
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(5)
|
(7)
|
(8)
|
(9)
|
|
Net Income (Common) |
20
N/A
|
23
+14%
|
20
-15%
|
21
+8%
|
23
+7%
|
24
+4%
|
29
+23%
|
30
+4%
|
31
+2%
|
32
+3%
|
33
+5%
|
33
0%
|
33
+0%
|
33
+1%
|
34
+2%
|
33
-2%
|
33
+0%
|
51
+52%
|
50
-2%
|
53
+5%
|
(20)
N/A
|
(33)
-70%
|
20
N/A
|
53
+162%
|
80
+49%
|
81
+1%
|
96
+19%
|
115
+20%
|
|
EPS (Diluted) |
0.33
N/A
|
0.38
+15%
|
0.31
-18%
|
0.34
+10%
|
0.36
+6%
|
0.36
N/A
|
0.41
+14%
|
0.44
+7%
|
0.45
+2%
|
0.46
+2%
|
0.48
+4%
|
0.48
N/A
|
0.49
+2%
|
0.48
-2%
|
0.49
+2%
|
0.48
-2%
|
0.49
+2%
|
0.75
+53%
|
0.73
-3%
|
0.77
+5%
|
-0.3
N/A
|
-0.49
-63%
|
0.29
N/A
|
0.78
+169%
|
1.17
+50%
|
1.19
+2%
|
1.41
+18%
|
1.69
+20%
|