Comer Industries SpA
MIL:COM
Income Statement
Earnings Waterfall
Comer Industries SpA
Revenue
|
1.2B
EUR
|
Cost of Revenue
|
-666.4m
EUR
|
Gross Profit
|
563.4m
EUR
|
Operating Expenses
|
-419m
EUR
|
Operating Income
|
144.4m
EUR
|
Other Expenses
|
-50.4m
EUR
|
Net Income
|
94m
EUR
|
Income Statement
Comer Industries SpA
Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
381
N/A
|
398
+5%
|
408
+2%
|
379
-7%
|
399
+5%
|
497
+25%
|
604
+21%
|
949
+57%
|
1 245
+31%
|
1 287
+3%
|
1 230
-4%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(236)
|
(249)
|
(256)
|
(236)
|
(248)
|
(312)
|
(379)
|
(551)
|
(705)
|
(722)
|
(666)
|
|
Gross Profit |
145
N/A
|
149
+2%
|
152
+2%
|
143
-6%
|
151
+5%
|
185
+23%
|
225
+21%
|
398
+77%
|
540
+36%
|
565
+5%
|
563
0%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(120)
|
(121)
|
(124)
|
(121)
|
(120)
|
(136)
|
(168)
|
(310)
|
(412)
|
(418)
|
(419)
|
|
Selling, General & Administrative |
(72)
|
(72)
|
(73)
|
(68)
|
(68)
|
(75)
|
(87)
|
(172)
|
(245)
|
(249)
|
(243)
|
|
Depreciation & Amortization |
(13)
|
(16)
|
(17)
|
(17)
|
(18)
|
(18)
|
(21)
|
(37)
|
(52)
|
(56)
|
(61)
|
|
Other Operating Expenses |
(36)
|
(34)
|
(34)
|
(35)
|
(35)
|
(43)
|
(60)
|
(101)
|
(114)
|
(113)
|
(115)
|
|
Operating Income |
25
N/A
|
28
+11%
|
28
+1%
|
23
-19%
|
30
+35%
|
49
+62%
|
57
+15%
|
88
+54%
|
128
+45%
|
147
+15%
|
144
-2%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(1)
|
(7)
|
(15)
|
|
Total Other Income |
(0)
|
(1)
|
(1)
|
0
|
(0)
|
0
|
0
|
(1)
|
(2)
|
(3)
|
0
|
|
Pre-Tax Income |
23
N/A
|
25
+9%
|
26
+3%
|
22
-16%
|
29
+37%
|
49
+66%
|
55
+13%
|
87
+58%
|
125
+44%
|
138
+10%
|
129
-6%
|
|
Net Income | ||||||||||||
Tax Provision |
(7)
|
(8)
|
(7)
|
(6)
|
(8)
|
(13)
|
(15)
|
(22)
|
(34)
|
(40)
|
(35)
|
|
Income from Continuing Operations |
16
|
17
|
19
|
16
|
22
|
36
|
39
|
65
|
91
|
98
|
94
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
16
N/A
|
17
+8%
|
19
+9%
|
16
-14%
|
22
+37%
|
36
+63%
|
39
+11%
|
65
+65%
|
91
+40%
|
98
+8%
|
94
-4%
|
|
EPS (Diluted) |
0.92
N/A
|
0.83
-10%
|
0.91
+10%
|
0.78
-14%
|
1.07
+37%
|
1.73
+62%
|
1.37
-21%
|
2.26
+65%
|
3.16
+40%
|
3.4
+8%
|
3.28
-4%
|