CSP International Fashion Group SpA
MIL:CSP
Income Statement
Earnings Waterfall
CSP International Fashion Group SpA
Income Statement
CSP International Fashion Group 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-2017 | Dec-2017 | 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 |
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
|
| Revenue |
138
N/A
|
122
-11%
|
117
-4%
|
114
-3%
|
109
-4%
|
103
-5%
|
99
-4%
|
98
-1%
|
101
+2%
|
109
+8%
|
115
+6%
|
116
+1%
|
118
+2%
|
118
+0%
|
118
0%
|
118
0%
|
112
-5%
|
108
-4%
|
103
-5%
|
100
-2%
|
99
-1%
|
97
-2%
|
97
+0%
|
97
+0%
|
106
+10%
|
119
+12%
|
125
+5%
|
141
+12%
|
143
+2%
|
139
-3%
|
138
-1%
|
133
-4%
|
135
+2%
|
134
-1%
|
134
0%
|
132
-2%
|
129
-2%
|
129
0%
|
128
-1%
|
127
-1%
|
127
0%
|
125
-1%
|
123
-2%
|
123
+0%
|
123
0%
|
48
-61%
|
120
+148%
|
120
+0%
|
112
-7%
|
110
-1%
|
109
-1%
|
95
-13%
|
83
-12%
|
85
+2%
|
91
+7%
|
95
+5%
|
94
-1%
|
94
+0%
|
91
-3%
|
90
-2%
|
89
-1%
|
88
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(54)
|
(93)
|
(82)
|
(78)
|
(73)
|
(68)
|
(64)
|
(62)
|
(59)
|
(62)
|
(65)
|
(65)
|
(66)
|
(66)
|
(68)
|
(67)
|
(64)
|
(64)
|
(58)
|
(58)
|
(56)
|
(54)
|
(54)
|
(54)
|
(58)
|
(65)
|
(69)
|
(77)
|
(80)
|
(77)
|
(76)
|
(72)
|
(72)
|
(71)
|
(70)
|
(69)
|
(67)
|
(67)
|
(67)
|
(66)
|
(67)
|
(66)
|
(65)
|
(66)
|
(65)
|
(28)
|
(67)
|
(68)
|
(64)
|
(64)
|
(64)
|
(56)
|
(50)
|
(50)
|
(52)
|
(54)
|
(55)
|
(55)
|
(54)
|
(54)
|
(52)
|
(49)
|
|
| Gross Profit |
84
N/A
|
29
-65%
|
36
+23%
|
36
+1%
|
36
+1%
|
35
-4%
|
35
+0%
|
36
+4%
|
41
+14%
|
45
+8%
|
48
+7%
|
48
+2%
|
52
+7%
|
52
+1%
|
50
-3%
|
51
+1%
|
48
-6%
|
44
-7%
|
44
-1%
|
43
-3%
|
43
+1%
|
43
0%
|
43
+1%
|
43
0%
|
48
+11%
|
54
+13%
|
56
+4%
|
63
+12%
|
63
+0%
|
62
-2%
|
62
0%
|
61
-2%
|
64
+5%
|
64
+0%
|
64
+0%
|
63
-2%
|
62
-1%
|
62
+1%
|
61
-1%
|
62
+0%
|
60
-2%
|
59
-2%
|
58
-2%
|
58
0%
|
58
+1%
|
20
-65%
|
53
+160%
|
52
0%
|
48
-8%
|
46
-4%
|
45
-3%
|
39
-13%
|
33
-17%
|
35
+6%
|
39
+13%
|
41
+5%
|
39
-5%
|
39
+1%
|
38
-4%
|
36
-5%
|
37
+2%
|
38
+5%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(93)
|
(33)
|
(45)
|
(43)
|
(40)
|
(37)
|
(36)
|
(37)
|
(37)
|
(38)
|
(40)
|
(40)
|
(42)
|
(42)
|
(44)
|
(42)
|
(43)
|
(40)
|
(40)
|
(39)
|
(38)
|
(38)
|
(37)
|
(37)
|
(42)
|
(46)
|
(52)
|
(56)
|
(57)
|
(55)
|
(52)
|
(51)
|
(51)
|
(51)
|
(52)
|
(52)
|
(53)
|
(52)
|
(51)
|
(52)
|
(52)
|
(53)
|
(52)
|
(53)
|
(53)
|
(24)
|
(49)
|
(41)
|
(49)
|
(57)
|
(45)
|
(39)
|
(36)
|
(35)
|
(35)
|
(37)
|
(35)
|
(35)
|
(35)
|
(34)
|
(35)
|
(35)
|
|
| Selling, General & Administrative |
(80)
|
(42)
|
(45)
|
(43)
|
(40)
|
(37)
|
(36)
|
(37)
|
(37)
|
(38)
|
(40)
|
(40)
|
(42)
|
(44)
|
(45)
|
(45)
|
(43)
|
(41)
|
(40)
|
(40)
|
(38)
|
(39)
|
(38)
|
(39)
|
(41)
|
(47)
|
(52)
|
(56)
|
(57)
|
(57)
|
(55)
|
(54)
|
(48)
|
(53)
|
(51)
|
(51)
|
(48)
|
(47)
|
(44)
|
(44)
|
(42)
|
(43)
|
(43)
|
(44)
|
(53)
|
(19)
|
(48)
|
(34)
|
(48)
|
(56)
|
(44)
|
(38)
|
(34)
|
(34)
|
(34)
|
(35)
|
(35)
|
(35)
|
(35)
|
(34)
|
(34)
|
(34)
|
|
| Depreciation & Amortization |
(11)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Other Operating Expenses |
(2)
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(0)
|
0
|
2
|
2
|
3
|
3
|
(2)
|
2
|
(0)
|
(0)
|
(3)
|
(3)
|
(6)
|
(6)
|
(8)
|
(9)
|
(8)
|
(8)
|
1
|
(4)
|
1
|
(4)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
1
|
2
|
1
|
1
|
|
| Operating Income |
(9)
N/A
|
(4)
+55%
|
(9)
-144%
|
(8)
+20%
|
(4)
+51%
|
(2)
+46%
|
(1)
+71%
|
(0)
+32%
|
4
N/A
|
8
+107%
|
10
+18%
|
11
+8%
|
9
-15%
|
9
+3%
|
7
-28%
|
8
+25%
|
6
-35%
|
4
-28%
|
4
+3%
|
3
-22%
|
5
+45%
|
4
-3%
|
6
+34%
|
6
+5%
|
7
+4%
|
8
+28%
|
5
-41%
|
8
+56%
|
7
-15%
|
7
+10%
|
10
+39%
|
10
-4%
|
13
+32%
|
12
-2%
|
12
-6%
|
11
-8%
|
9
-12%
|
11
+14%
|
10
-6%
|
10
-1%
|
9
-10%
|
6
-30%
|
5
-18%
|
4
-20%
|
5
+20%
|
(3)
N/A
|
4
N/A
|
12
+229%
|
(1)
N/A
|
(10)
-1 180%
|
(0)
+99%
|
(0)
-214%
|
(3)
-1 421%
|
(1)
+81%
|
4
N/A
|
4
+5%
|
3
-15%
|
4
+26%
|
3
-42%
|
2
-41%
|
2
+41%
|
4
+72%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
(0)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
|
| Non-Reccuring Items |
2
|
(2)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
1
|
(0)
|
(0)
|
(0)
|
1
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
0
|
0
|
(0)
|
0
|
0
|
(1)
|
(0)
|
(9)
|
(10)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
| Total Other Income |
0
|
(3)
|
(3)
|
(3)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
2
|
1
|
2
|
2
|
(0)
|
(2)
|
0
|
0
|
(0)
|
(2)
|
(1)
|
(2)
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Pre-Tax Income |
(9)
N/A
|
(8)
+7%
|
(12)
-49%
|
(11)
+14%
|
(6)
+40%
|
(5)
+28%
|
(3)
+26%
|
(3)
+20%
|
4
N/A
|
7
+79%
|
8
+26%
|
9
+8%
|
8
-8%
|
7
-10%
|
6
-25%
|
8
+34%
|
5
-29%
|
4
-18%
|
4
-12%
|
3
-21%
|
5
+81%
|
5
-3%
|
7
+31%
|
6
-13%
|
8
+32%
|
9
+16%
|
5
-41%
|
8
+55%
|
5
-37%
|
6
+9%
|
9
+51%
|
8
-8%
|
11
+40%
|
11
+1%
|
11
-6%
|
10
-8%
|
9
-6%
|
10
+14%
|
10
-3%
|
10
-1%
|
9
-10%
|
6
-31%
|
5
-23%
|
4
-20%
|
5
+16%
|
(4)
N/A
|
3
N/A
|
2
-21%
|
(11)
N/A
|
(11)
-7%
|
(2)
+85%
|
(2)
-13%
|
(5)
-186%
|
(2)
+71%
|
2
N/A
|
2
-14%
|
2
-20%
|
2
+9%
|
1
-72%
|
(1)
N/A
|
0
N/A
|
1
+235%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
(0)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
0
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
(9)
|
(9)
|
(13)
|
(11)
|
(7)
|
(5)
|
(4)
|
(3)
|
3
|
6
|
8
|
8
|
8
|
7
|
6
|
8
|
6
|
4
|
3
|
3
|
6
|
6
|
8
|
6
|
6
|
7
|
4
|
6
|
3
|
3
|
5
|
5
|
7
|
7
|
7
|
6
|
5
|
6
|
6
|
6
|
5
|
3
|
3
|
2
|
2
|
(4)
|
1
|
0
|
(12)
|
(13)
|
(3)
|
(4)
|
(6)
|
(3)
|
1
|
0
|
1
|
1
|
0
|
(1)
|
(0)
|
0
|
|
| Income to Minority Interest |
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
|
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
|
|
| Net Income (Common) |
(9)
N/A
|
(9)
-8%
|
(13)
-45%
|
(11)
+17%
|
(7)
+36%
|
(5)
+33%
|
(4)
+26%
|
(3)
+10%
|
3
N/A
|
6
+104%
|
8
+36%
|
8
+9%
|
8
-1%
|
7
-8%
|
6
-19%
|
8
+30%
|
6
-29%
|
4
-20%
|
3
-24%
|
3
-18%
|
6
+110%
|
6
-6%
|
8
+41%
|
6
-25%
|
6
+0%
|
7
+11%
|
4
-42%
|
6
+46%
|
3
-52%
|
3
+11%
|
5
+67%
|
5
-9%
|
7
+63%
|
7
+1%
|
7
-7%
|
6
-10%
|
5
-18%
|
6
+20%
|
6
-5%
|
6
+1%
|
5
-9%
|
3
-38%
|
3
-20%
|
2
-25%
|
2
-6%
|
(4)
N/A
|
1
N/A
|
0
-61%
|
(12)
N/A
|
(13)
-7%
|
(3)
+73%
|
(4)
-7%
|
(6)
-67%
|
(3)
+56%
|
1
N/A
|
0
-35%
|
1
+11%
|
1
+61%
|
0
-88%
|
(1)
N/A
|
(0)
+63%
|
0
N/A
|
|
| EPS (Diluted) |
-0.35
N/A
|
-0.37
-6%
|
-0.54
-46%
|
-0.45
+17%
|
-0.29
+36%
|
-0.19
+34%
|
-0.14
+26%
|
-0.09
+36%
|
0.1
N/A
|
0.15
+50%
|
0.24
+60%
|
0.26
+8%
|
0.24
-8%
|
0.22
-8%
|
0.18
-18%
|
0.23
+28%
|
0.17
-26%
|
0.13
-24%
|
0.1
-23%
|
0.08
-20%
|
0.18
+125%
|
0.16
-11%
|
0.23
+44%
|
0.18
-22%
|
0.18
N/A
|
0.2
+11%
|
0.12
-40%
|
0.17
+42%
|
0.08
-53%
|
0.1
+25%
|
0.16
+60%
|
0.15
-6%
|
0.22
+47%
|
0.24
+9%
|
0.22
-8%
|
0.19
-14%
|
0.15
-21%
|
0.18
+20%
|
0.17
-6%
|
0.18
+6%
|
0.17
-6%
|
0.11
-35%
|
0.09
-18%
|
0.07
-22%
|
0.06
-14%
|
-0.11
N/A
|
0.03
N/A
|
0.02
-33%
|
-0.35
N/A
|
-0.38
-9%
|
-0.1
+74%
|
-0.11
-10%
|
-0.18
-64%
|
-0.08
+56%
|
0.02
N/A
|
0.03
+50%
|
0.01
-67%
|
0.02
+100%
|
0
N/A
|
-0.02
N/A
|
-0.01
+50%
|
0
N/A
|
|