Fincantieri SpA
MIL:FCT
Income Statement
Earnings Waterfall
Fincantieri SpA
Income Statement
Fincantieri 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 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Interest Expense |
68
|
0
|
0
|
0
|
76
|
0
|
0
|
0
|
86
|
0
|
0
|
0
|
86
|
83
|
57
|
67
|
66
|
74
|
81
|
83
|
89
|
102
|
115
|
228
|
0
|
194
|
254
|
209
|
|
| Revenue |
3 811
N/A
|
3 856
+1%
|
3 900
+1%
|
4 030
+3%
|
4 398
+9%
|
4 585
+4%
|
4 636
+1%
|
4 496
-3%
|
4 183
-7%
|
4 121
-1%
|
4 228
+3%
|
4 380
+4%
|
4 434
+1%
|
5 474
+23%
|
5 755
+5%
|
5 849
+2%
|
5 382
-8%
|
5 879
+9%
|
6 760
+15%
|
6 911
+2%
|
7 180
+4%
|
7 481
+4%
|
7 630
+2%
|
7 650
+0%
|
9 417
+23%
|
9 429
+0%
|
8 128
-14%
|
9 023
+11%
|
|
| Gross Profit | |||||||||||||||||||||||||||||
| Cost of Revenue |
(2 703)
|
(2 749)
|
(2 750)
|
(2 863)
|
(3 193)
|
(3 353)
|
(3 404)
|
(3 453)
|
(3 281)
|
(3 257)
|
(3 366)
|
(3 337)
|
(3 233)
|
(4 046)
|
(4 273)
|
(4 467)
|
(4 230)
|
(4 680)
|
(5 317)
|
(5 246)
|
(5 573)
|
(5 946)
|
(6 004)
|
(5 901)
|
(7 221)
|
(7 130)
|
(6 162)
|
(6 911)
|
|
| Gross Profit |
1 107
N/A
|
1 108
+0%
|
1 150
+4%
|
1 167
+1%
|
1 205
+3%
|
1 232
+2%
|
1 232
+0%
|
1 043
-15%
|
902
-14%
|
864
-4%
|
863
0%
|
1 044
+21%
|
1 201
+15%
|
1 428
+19%
|
1 482
+4%
|
1 382
-7%
|
1 151
-17%
|
1 199
+4%
|
1 443
+20%
|
1 665
+15%
|
1 607
-4%
|
1 535
-4%
|
1 626
+6%
|
1 749
+8%
|
2 196
+26%
|
2 299
+5%
|
1 966
-14%
|
2 112
+7%
|
|
| Operating Income | |||||||||||||||||||||||||||||
| Operating Expenses |
(942)
|
(957)
|
(988)
|
(1 011)
|
(1 032)
|
(1 086)
|
(1 091)
|
(1 094)
|
(1 031)
|
(1 051)
|
(1 065)
|
(1 033)
|
(1 040)
|
(1 162)
|
(1 203)
|
(1 238)
|
(1 257)
|
(1 250)
|
(1 391)
|
(1 401)
|
(1 535)
|
(1 561)
|
(1 599)
|
(1 583)
|
(2 002)
|
(2 076)
|
(1 721)
|
(1 840)
|
|
| Selling, General & Administrative |
(849)
|
(863)
|
(867)
|
(888)
|
(913)
|
(951)
|
(962)
|
(952)
|
(943)
|
(901)
|
(901)
|
(879)
|
(906)
|
(1 007)
|
(1 028)
|
(1 042)
|
(1 019)
|
(1 029)
|
(1 108)
|
(1 149)
|
(1 208)
|
(1 258)
|
(1 256)
|
(1 277)
|
(1 625)
|
(1 711)
|
(1 460)
|
(1 514)
|
|
| Depreciation & Amortization |
(89)
|
(91)
|
(93)
|
(97)
|
(99)
|
(102)
|
(105)
|
(105)
|
(109)
|
(109)
|
(108)
|
(109)
|
(109)
|
(136)
|
(147)
|
(162)
|
(166)
|
(187)
|
(202)
|
(205)
|
(220)
|
(231)
|
(233)
|
(234)
|
(294)
|
(304)
|
(267)
|
(299)
|
|
| Other Operating Expenses |
(4)
|
(3)
|
(29)
|
(26)
|
(20)
|
(34)
|
(24)
|
(37)
|
21
|
(41)
|
(56)
|
(45)
|
(24)
|
(19)
|
(28)
|
(34)
|
(72)
|
(34)
|
(81)
|
(47)
|
(106)
|
(72)
|
(109)
|
(72)
|
(83)
|
(62)
|
6
|
(27)
|
|
| Operating Income |
165
N/A
|
151
-9%
|
162
+7%
|
156
-4%
|
173
+11%
|
146
-16%
|
141
-3%
|
(51)
N/A
|
(129)
-156%
|
(187)
-44%
|
(203)
-9%
|
11
N/A
|
161
+1 395%
|
266
+65%
|
278
+5%
|
145
-48%
|
(105)
N/A
|
(51)
+51%
|
52
N/A
|
263
+405%
|
72
-73%
|
(26)
N/A
|
27
N/A
|
166
+513%
|
193
+17%
|
223
+15%
|
246
+10%
|
272
+11%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||
| Interest Income Expense |
(61)
|
(70)
|
(60)
|
(70)
|
(60)
|
(85)
|
(94)
|
(121)
|
(137)
|
(116)
|
(112)
|
(85)
|
(75)
|
(99)
|
(115)
|
(128)
|
(129)
|
(136)
|
(104)
|
(93)
|
(105)
|
(61)
|
(101)
|
(161)
|
(207)
|
(224)
|
(168)
|
(154)
|
|
| Non-Reccuring Items |
(29)
|
(24)
|
(24)
|
(24)
|
(19)
|
0
|
(1)
|
(0)
|
(57)
|
0
|
0
|
(14)
|
(63)
|
(43)
|
(14)
|
(59)
|
0
|
(51)
|
(4)
|
(65)
|
(119)
|
(225)
|
(60)
|
(67)
|
(68)
|
(68)
|
(39)
|
6
|
|
| Total Other Income |
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(10)
|
(15)
|
(16)
|
(25)
|
(25)
|
(20)
|
(19)
|
(6)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
|
| Pre-Tax Income |
76
N/A
|
57
-25%
|
77
+35%
|
62
-20%
|
94
+53%
|
60
-36%
|
46
-24%
|
(172)
N/A
|
(325)
-88%
|
(303)
+7%
|
(315)
-4%
|
(89)
+72%
|
22
N/A
|
122
+448%
|
147
+21%
|
(52)
N/A
|
(249)
-379%
|
(254)
-2%
|
(81)
+68%
|
80
N/A
|
(172)
N/A
|
(331)
-92%
|
(139)
+58%
|
(64)
+54%
|
(84)
-31%
|
(71)
+15%
|
36
N/A
|
121
+238%
|
|
| Net Income | |||||||||||||||||||||||||||||
| Tax Provision |
10
|
15
|
7
|
13
|
(39)
|
(42)
|
(42)
|
(10)
|
36
|
46
|
50
|
1
|
(9)
|
(53)
|
(69)
|
(72)
|
(24)
|
9
|
(20)
|
(58)
|
(47)
|
7
|
27
|
11
|
11
|
(7)
|
(8)
|
(31)
|
|
| Income from Continuing Operations |
85
|
72
|
85
|
74
|
55
|
18
|
4
|
(182)
|
(289)
|
(257)
|
(265)
|
(88)
|
14
|
69
|
79
|
(124)
|
(273)
|
(245)
|
(101)
|
22
|
(219)
|
(324)
|
(113)
|
(53)
|
(73)
|
(78)
|
27
|
90
|
|
| Income to Minority Interest |
(28)
|
(24)
|
(24)
|
(12)
|
12
|
37
|
52
|
111
|
114
|
91
|
85
|
25
|
12
|
3
|
1
|
7
|
5
|
4
|
1
|
(0)
|
5
|
15
|
13
|
0
|
2
|
3
|
5
|
5
|
|
| Net Income (Common) |
57
N/A
|
47
-16%
|
60
+27%
|
63
+4%
|
67
+7%
|
56
-17%
|
56
+1%
|
(71)
N/A
|
(175)
-147%
|
(171)
+2%
|
(180)
-6%
|
(63)
+65%
|
25
N/A
|
72
+184%
|
67
-7%
|
(141)
N/A
|
(273)
-93%
|
(240)
+12%
|
6
N/A
|
22
+280%
|
(214)
N/A
|
(309)
-44%
|
(99)
+68%
|
(53)
+47%
|
(71)
-34%
|
(75)
-6%
|
33
N/A
|
96
+191%
|
|
| EPS (Diluted) |
0.05
N/A
|
0.03
-40%
|
0.04
+33%
|
0.04
N/A
|
0.05
+25%
|
0.04
-20%
|
0.04
N/A
|
-0.03
N/A
|
-0.1
-233%
|
-0.1
N/A
|
-0.11
-10%
|
-0.04
+64%
|
0.02
N/A
|
0.04
+100%
|
0.05
+25%
|
-0.07
N/A
|
-0.16
-129%
|
-0.14
+12%
|
0
N/A
|
0.13
N/A
|
-0.13
N/A
|
-1.41
-985%
|
-0.06
+96%
|
-0.24
-300%
|
-0.32
-33%
|
-0.44
-38%
|
0.14
N/A
|
0.3
+114%
|
|