Eurotech SpA
MIL:ETH
Income Statement
Earnings Waterfall
Eurotech SpA
Revenue
|
93.8m
EUR
|
Cost of Revenue
|
-46.7m
EUR
|
Gross Profit
|
47.1m
EUR
|
Operating Expenses
|
-47.2m
EUR
|
Operating Income
|
-118k
EUR
|
Other Expenses
|
-3m
EUR
|
Net Income
|
-3.1m
EUR
|
Income Statement
Eurotech SpA
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
66
N/A
|
69
+4%
|
69
0%
|
69
0%
|
64
-7%
|
64
+0%
|
63
-2%
|
65
+3%
|
66
+1%
|
63
-3%
|
64
+1%
|
61
-5%
|
61
+0%
|
58
-5%
|
55
-5%
|
57
+4%
|
60
+6%
|
69
+15%
|
75
+9%
|
79
+5%
|
79
+0%
|
87
+10%
|
95
+9%
|
102
+7%
|
102
+0%
|
96
-6%
|
85
-12%
|
75
-12%
|
69
-7%
|
62
-10%
|
60
-4%
|
61
+1%
|
63
+4%
|
68
+7%
|
71
+5%
|
79
+11%
|
94
+19%
|
102
+8%
|
107
+6%
|
104
-3%
|
94
-10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(32)
|
(33)
|
(35)
|
(36)
|
(31)
|
(32)
|
(29)
|
(31)
|
(31)
|
(29)
|
(29)
|
(27)
|
(29)
|
(27)
|
(26)
|
(26)
|
(29)
|
(32)
|
(35)
|
(37)
|
(39)
|
(45)
|
(47)
|
(50)
|
(48)
|
(43)
|
(37)
|
(33)
|
(29)
|
(26)
|
(25)
|
(26)
|
(30)
|
(32)
|
(35)
|
(39)
|
(48)
|
(50)
|
(52)
|
(51)
|
(47)
|
|
Gross Profit |
34
N/A
|
36
+4%
|
34
-4%
|
33
-5%
|
33
0%
|
32
-1%
|
33
+3%
|
34
+1%
|
35
+4%
|
35
-1%
|
35
+1%
|
34
-2%
|
32
-7%
|
31
-3%
|
29
-8%
|
30
+5%
|
31
+3%
|
37
+18%
|
41
+10%
|
42
+3%
|
40
-4%
|
42
+6%
|
47
+12%
|
52
+9%
|
54
+5%
|
54
-1%
|
48
-10%
|
42
-13%
|
40
-5%
|
37
-9%
|
35
-5%
|
35
+0%
|
33
-6%
|
35
+8%
|
36
+1%
|
40
+12%
|
46
+14%
|
52
+13%
|
55
+6%
|
54
-2%
|
47
-13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(46)
|
(46)
|
(45)
|
(45)
|
(41)
|
(42)
|
(44)
|
(44)
|
(41)
|
(40)
|
(40)
|
(38)
|
(39)
|
(39)
|
(37)
|
(38)
|
(34)
|
(35)
|
(34)
|
(34)
|
(34)
|
(34)
|
(35)
|
(37)
|
(38)
|
(39)
|
(40)
|
(37)
|
(37)
|
(38)
|
(37)
|
(39)
|
(38)
|
(42)
|
(42)
|
(42)
|
(44)
|
(49)
|
(50)
|
(50)
|
(47)
|
|
Selling, General & Administrative |
(34)
|
(34)
|
(34)
|
(35)
|
(36)
|
(35)
|
(36)
|
(36)
|
(36)
|
(36)
|
(35)
|
(34)
|
(34)
|
(34)
|
(33)
|
(32)
|
(31)
|
(31)
|
(30)
|
(31)
|
(32)
|
(33)
|
(33)
|
(34)
|
(34)
|
(34)
|
(35)
|
(34)
|
(33)
|
(33)
|
(32)
|
(32)
|
(33)
|
(33)
|
(34)
|
(35)
|
(38)
|
(40)
|
(42)
|
(43)
|
(42)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
Other Operating Expenses |
(6)
|
(7)
|
(5)
|
(5)
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
1
|
1
|
2
|
1
|
1
|
1
|
(0)
|
1
|
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
0
|
0
|
(2)
|
(2)
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(1)
|
(5)
|
(2)
|
(3)
|
(0)
|
(2)
|
(3)
|
(2)
|
0
|
|
Operating Income |
(12)
N/A
|
(11)
+10%
|
(10)
+4%
|
(12)
-18%
|
(9)
+27%
|
(10)
-10%
|
(10)
-5%
|
(10)
+3%
|
(6)
+35%
|
(6)
+9%
|
(5)
+22%
|
(3)
+23%
|
(7)
-87%
|
(8)
-19%
|
(9)
-12%
|
(8)
+10%
|
(3)
+65%
|
2
N/A
|
7
+187%
|
8
+21%
|
6
-23%
|
8
+29%
|
12
+55%
|
15
+23%
|
17
+11%
|
14
-14%
|
9
-38%
|
5
-41%
|
3
-50%
|
(1)
N/A
|
(3)
-111%
|
(4)
-68%
|
(5)
-26%
|
(7)
-26%
|
(6)
+11%
|
(2)
+66%
|
2
N/A
|
3
+111%
|
5
+44%
|
3
-28%
|
(0)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
(0)
|
(0)
|
1
|
1
|
2
|
1
|
0
|
1
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
(1)
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
(2)
|
(1)
|
0
|
0
|
0
|
(2)
|
|
Total Other Income |
(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
|
|
Pre-Tax Income |
(11)
N/A
|
(11)
+2%
|
(11)
+3%
|
(11)
-5%
|
(8)
+27%
|
(8)
+3%
|
(9)
-10%
|
(10)
-12%
|
(6)
+37%
|
(7)
-7%
|
(5)
+31%
|
(3)
+24%
|
(5)
-49%
|
(7)
-40%
|
(10)
-38%
|
(9)
+12%
|
(5)
+48%
|
1
N/A
|
6
+1 000%
|
7
+23%
|
6
-23%
|
8
+41%
|
12
+48%
|
15
+26%
|
16
+9%
|
14
-14%
|
9
-37%
|
5
-47%
|
2
-61%
|
(2)
N/A
|
(5)
-173%
|
(7)
-26%
|
(8)
-20%
|
(8)
+6%
|
(7)
+13%
|
(5)
+31%
|
1
N/A
|
3
+392%
|
5
+45%
|
4
-19%
|
(2)
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
(0)
|
(1)
|
(2)
|
(1)
|
0
|
0
|
1
|
(1)
|
3
|
3
|
2
|
3
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
|
Income from Continuing Operations |
(13)
|
(13)
|
(13)
|
(13)
|
(9)
|
(8)
|
(9)
|
(10)
|
(6)
|
(6)
|
(5)
|
(4)
|
(5)
|
(7)
|
(9)
|
(8)
|
(5)
|
(0)
|
4
|
6
|
6
|
8
|
13
|
14
|
19
|
17
|
11
|
8
|
0
|
(3)
|
(6)
|
(7)
|
(10)
|
(10)
|
(9)
|
(7)
|
(2)
|
1
|
2
|
1
|
(3)
|
|
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
|
|
Net Income (Common) |
8
N/A
|
8
-8%
|
8
+7%
|
7
-13%
|
(9)
N/A
|
(8)
+5%
|
(9)
-4%
|
(10)
-12%
|
(6)
+37%
|
(6)
+0%
|
(5)
+27%
|
(3)
+24%
|
(5)
-47%
|
(7)
-36%
|
(9)
-34%
|
(8)
+12%
|
(5)
+43%
|
(0)
+93%
|
4
N/A
|
6
+38%
|
6
-3%
|
8
+41%
|
13
+57%
|
14
+13%
|
19
+35%
|
17
-13%
|
11
-35%
|
8
-27%
|
0
-98%
|
(3)
N/A
|
(6)
-87%
|
(7)
-20%
|
(10)
-40%
|
(10)
+5%
|
(9)
+10%
|
(7)
+19%
|
(2)
+78%
|
1
N/A
|
2
+82%
|
1
-46%
|
(3)
N/A
|
|
EPS (Diluted) |
0.24
N/A
|
0.22
-8%
|
0.23
+5%
|
0.2
-13%
|
-0.26
N/A
|
-0.3
-15%
|
-0.27
+10%
|
-0.3
-11%
|
-0.18
+40%
|
-0.19
-6%
|
-0.14
+26%
|
-0.11
+21%
|
-0.15
-36%
|
-0.21
-40%
|
-0.28
-33%
|
-0.24
+14%
|
-0.14
+42%
|
-0.01
+93%
|
0.13
N/A
|
0.17
+31%
|
0.17
N/A
|
0.24
+41%
|
0.36
+50%
|
0.41
+14%
|
0.55
+34%
|
0.48
-13%
|
0.32
-33%
|
0.23
-28%
|
0
N/A
|
-0.09
N/A
|
-0.18
-100%
|
-0.21
-17%
|
-0.29
-38%
|
-0.28
+3%
|
-0.25
+11%
|
-0.21
+16%
|
-0.05
+76%
|
0.03
N/A
|
0.05
+67%
|
0.03
-40%
|
-0.09
N/A
|