Fiera Milano SpA
MIL:FM
Income Statement
Earnings Waterfall
Fiera Milano SpA
Income Statement
Fiera Milano SpA
| Jun-2004 | Sep-2004 | 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 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
7
|
14
|
13
|
13
|
13
|
13
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
12
|
0
|
0
|
|
| Revenue |
298
N/A
|
298
+0%
|
277
-7%
|
258
-7%
|
271
+5%
|
277
+2%
|
293
+6%
|
364
+24%
|
382
+5%
|
390
+2%
|
108
-72%
|
304
+181%
|
274
-10%
|
274
0%
|
311
+14%
|
327
+5%
|
348
+7%
|
344
-1%
|
334
-3%
|
323
-3%
|
314
-3%
|
306
-3%
|
319
+4%
|
306
-4%
|
294
-4%
|
290
-1%
|
252
-13%
|
248
-1%
|
249
+0%
|
257
+3%
|
281
+9%
|
296
+5%
|
301
+1%
|
293
-3%
|
263
-10%
|
231
-12%
|
235
+2%
|
230
-2%
|
258
+12%
|
247
-4%
|
243
-2%
|
280
+15%
|
182
-35%
|
74
-60%
|
22
-70%
|
122
+450%
|
153
+25%
|
265
+73%
|
310
+17%
|
220
-29%
|
314
+43%
|
330
+5%
|
330
+0%
|
284
-14%
|
402
+42%
|
414
+3%
|
408
-1%
|
273
-33%
|
377
+38%
|
410
+9%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(166)
|
(167)
|
(151)
|
(151)
|
(144)
|
(149)
|
(153)
|
(184)
|
(201)
|
(201)
|
(70)
|
(173)
|
(158)
|
(158)
|
(170)
|
(170)
|
(175)
|
(174)
|
(167)
|
(169)
|
(168)
|
(167)
|
(169)
|
(164)
|
(150)
|
(143)
|
(132)
|
(119)
|
(125)
|
(131)
|
(141)
|
(145)
|
(138)
|
(142)
|
(132)
|
(128)
|
(136)
|
(129)
|
(139)
|
(86)
|
(82)
|
(83)
|
(62)
|
(39)
|
(28)
|
(57)
|
(73)
|
(101)
|
(128)
|
(89)
|
(142)
|
(151)
|
(147)
|
(106)
|
(162)
|
(165)
|
(164)
|
(110)
|
(168)
|
(187)
|
|
| Gross Profit |
131
N/A
|
131
0%
|
127
-3%
|
107
-16%
|
127
+18%
|
128
+1%
|
140
+9%
|
181
+30%
|
181
+0%
|
189
+4%
|
38
-80%
|
131
+243%
|
116
-12%
|
116
N/A
|
141
+22%
|
157
+11%
|
173
+10%
|
170
-2%
|
167
-2%
|
154
-8%
|
146
-5%
|
139
-5%
|
150
+8%
|
142
-5%
|
143
+1%
|
147
+2%
|
120
-18%
|
129
+8%
|
124
-4%
|
126
+2%
|
140
+11%
|
152
+8%
|
161
+6%
|
153
-5%
|
132
-14%
|
105
-21%
|
100
-5%
|
102
+2%
|
119
+17%
|
161
+35%
|
161
0%
|
197
+22%
|
120
-39%
|
35
-71%
|
(6)
N/A
|
65
N/A
|
80
+22%
|
163
+105%
|
182
+12%
|
132
-28%
|
172
+31%
|
179
+4%
|
183
+2%
|
178
-3%
|
239
+34%
|
249
+4%
|
245
-2%
|
163
-33%
|
209
+28%
|
223
+7%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(96)
|
(93)
|
(101)
|
(98)
|
(119)
|
(112)
|
(116)
|
(127)
|
(137)
|
(145)
|
(76)
|
(154)
|
(148)
|
(147)
|
(150)
|
(152)
|
(158)
|
(153)
|
(148)
|
(143)
|
(143)
|
(143)
|
(145)
|
(149)
|
(146)
|
(144)
|
(131)
|
(128)
|
(128)
|
(128)
|
(135)
|
(137)
|
(141)
|
(134)
|
(127)
|
(125)
|
(120)
|
(125)
|
(129)
|
(141)
|
(142)
|
(140)
|
(112)
|
(70)
|
(63)
|
(105)
|
(63)
|
(86)
|
(106)
|
(122)
|
(168)
|
(174)
|
(178)
|
(139)
|
(189)
|
(187)
|
(188)
|
(137)
|
(187)
|
(194)
|
|
| Selling, General & Administrative |
(36)
|
(22)
|
(42)
|
(26)
|
(44)
|
(50)
|
(52)
|
(53)
|
(56)
|
(57)
|
(32)
|
(63)
|
(57)
|
(55)
|
(56)
|
(55)
|
(59)
|
(63)
|
(57)
|
(59)
|
(62)
|
(60)
|
(62)
|
(65)
|
(62)
|
(61)
|
(50)
|
(48)
|
(47)
|
(48)
|
(55)
|
(56)
|
(61)
|
(54)
|
(48)
|
(46)
|
(41)
|
(46)
|
(47)
|
(138)
|
(93)
|
(96)
|
(67)
|
(41)
|
(36)
|
(65)
|
(78)
|
(98)
|
(107)
|
(78)
|
(100)
|
(105)
|
(105)
|
(92)
|
(114)
|
(113)
|
(114)
|
(89)
|
(114)
|
(123)
|
|
| Depreciation & Amortization |
(21)
|
(18)
|
(15)
|
(12)
|
(25)
|
(11)
|
(11)
|
(13)
|
(14)
|
(16)
|
(7)
|
(15)
|
(14)
|
(13)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(16)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(6)
|
(26)
|
(45)
|
(45)
|
(45)
|
(45)
|
(45)
|
(57)
|
(59)
|
(71)
|
(48)
|
(73)
|
(75)
|
(76)
|
(51)
|
(77)
|
(78)
|
(78)
|
(51)
|
(77)
|
(76)
|
|
| Other Operating Expenses |
(39)
|
(53)
|
(44)
|
(59)
|
(50)
|
(51)
|
(53)
|
(61)
|
(66)
|
(72)
|
(37)
|
(77)
|
(78)
|
(79)
|
(81)
|
(81)
|
(83)
|
(76)
|
(76)
|
(68)
|
(65)
|
(66)
|
(65)
|
(67)
|
(67)
|
(67)
|
(66)
|
(65)
|
(66)
|
(66)
|
(67)
|
(67)
|
(66)
|
(65)
|
(65)
|
(65)
|
(65)
|
(66)
|
(67)
|
3
|
(24)
|
1
|
0
|
16
|
18
|
5
|
72
|
70
|
72
|
5
|
6
|
6
|
5
|
4
|
4
|
4
|
4
|
3
|
4
|
4
|
|
| Operating Income |
35
N/A
|
38
+7%
|
25
-33%
|
9
-66%
|
8
-9%
|
16
+105%
|
24
+45%
|
54
+130%
|
44
-18%
|
44
-2%
|
(38)
N/A
|
(23)
+38%
|
(32)
-38%
|
(31)
+3%
|
(10)
+69%
|
5
N/A
|
15
+206%
|
17
+9%
|
19
+11%
|
11
-41%
|
3
-73%
|
(4)
N/A
|
6
N/A
|
(7)
N/A
|
(3)
+65%
|
3
N/A
|
(11)
N/A
|
1
N/A
|
(4)
N/A
|
(2)
+39%
|
5
N/A
|
14
+186%
|
21
+48%
|
17
-18%
|
4
-74%
|
(22)
N/A
|
(20)
+6%
|
(24)
-17%
|
(9)
+61%
|
21
N/A
|
19
-8%
|
57
+201%
|
7
-87%
|
(35)
N/A
|
(69)
-98%
|
(40)
+42%
|
17
N/A
|
78
+352%
|
76
-2%
|
10
-87%
|
4
-61%
|
5
+39%
|
5
-4%
|
39
+643%
|
51
+31%
|
62
+23%
|
57
-9%
|
26
-54%
|
21
-19%
|
29
+37%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(2)
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(3)
|
(0)
|
(2)
|
(3)
|
(3)
|
(4)
|
5
|
(4)
|
(10)
|
(12)
|
(12)
|
(11)
|
(12)
|
(16)
|
(15)
|
(19)
|
(12)
|
(19)
|
(19)
|
(15)
|
(2)
|
(6)
|
(3)
|
(4)
|
(2)
|
(9)
|
(8)
|
|
| Non-Reccuring Items |
(1)
|
(1)
|
(1)
|
(1)
|
4
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
(1)
|
(4)
|
(4)
|
(4)
|
(5)
|
(8)
|
(1)
|
(1)
|
(0)
|
14
|
(0)
|
6
|
7
|
11
|
11
|
4
|
4
|
(2)
|
(2)
|
(2)
|
(2)
|
(7)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
67
|
0
|
(0)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(0)
|
0
|
(1)
|
|
| Total Other Income |
0
|
2
|
1
|
0
|
0
|
1
|
1
|
1
|
3
|
1
|
(1)
|
1
|
1
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(4)
|
0
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
|
| Pre-Tax Income |
37
N/A
|
39
+7%
|
27
-32%
|
10
-64%
|
13
+38%
|
17
+30%
|
25
+43%
|
54
+120%
|
45
-18%
|
43
-2%
|
(40)
N/A
|
(25)
+38%
|
(34)
-38%
|
(34)
+1%
|
(11)
+68%
|
5
N/A
|
15
+213%
|
14
-3%
|
12
-16%
|
4
-66%
|
(5)
N/A
|
(12)
-134%
|
(5)
+60%
|
(11)
-123%
|
(5)
+51%
|
0
N/A
|
0
-50%
|
(2)
N/A
|
0
N/A
|
1
N/A
|
13
+807%
|
22
+72%
|
22
+1%
|
18
-18%
|
(2)
N/A
|
(26)
-1 322%
|
(25)
+3%
|
(29)
-18%
|
(20)
+33%
|
25
N/A
|
15
-42%
|
46
+217%
|
(5)
N/A
|
(47)
-811%
|
(80)
-70%
|
15
N/A
|
1
-92%
|
62
+5 039%
|
56
-9%
|
(4)
N/A
|
(16)
-333%
|
(14)
+14%
|
(9)
+35%
|
36
N/A
|
46
+29%
|
60
+30%
|
54
-10%
|
25
-55%
|
14
-42%
|
21
+48%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(18)
|
(18)
|
(18)
|
(18)
|
(9)
|
(12)
|
(12)
|
(12)
|
(20)
|
0
|
8
|
8
|
7
|
7
|
(6)
|
(6)
|
(19)
|
(19)
|
(8)
|
(8)
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
(8)
|
(8)
|
(10)
|
0
|
(0)
|
0
|
0
|
0
|
3
|
(6)
|
(4)
|
(12)
|
3
|
13
|
33
|
24
|
29
|
(1)
|
(0)
|
(2)
|
(2)
|
(0)
|
(3)
|
(7)
|
(12)
|
(12)
|
(11)
|
(5)
|
(5)
|
(12)
|
|
| Income from Continuing Operations |
19
|
21
|
9
|
(8)
|
4
|
6
|
13
|
43
|
25
|
43
|
(32)
|
(17)
|
(27)
|
(27)
|
(17)
|
(1)
|
(4)
|
(4)
|
4
|
(4)
|
(5)
|
(11)
|
(4)
|
(10)
|
(5)
|
1
|
2
|
(0)
|
2
|
3
|
5
|
14
|
12
|
17
|
(2)
|
(17)
|
(9)
|
(22)
|
(17)
|
19
|
11
|
34
|
(2)
|
(34)
|
(47)
|
39
|
30
|
60
|
56
|
(6)
|
(18)
|
(14)
|
(12)
|
29
|
35
|
48
|
43
|
19
|
9
|
9
|
|
| Income to Minority Interest |
(7)
|
(7)
|
(12)
|
(2)
|
(2)
|
(2)
|
1
|
(7)
|
(6)
|
(11)
|
3
|
0
|
2
|
2
|
(2)
|
0
|
(2)
|
(2)
|
1
|
2
|
1
|
1
|
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) |
12
N/A
|
14
+18%
|
(3)
N/A
|
(10)
-203%
|
2
N/A
|
4
+90%
|
14
+250%
|
36
+157%
|
19
-47%
|
32
+70%
|
(31)
N/A
|
(17)
+45%
|
(25)
-47%
|
(25)
+1%
|
(17)
+33%
|
(1)
+96%
|
(6)
-714%
|
(6)
-12%
|
5
N/A
|
(2)
N/A
|
(3)
-78%
|
(10)
-222%
|
(3)
+67%
|
(9)
-168%
|
(4)
+54%
|
1
N/A
|
2
+69%
|
(0)
N/A
|
2
N/A
|
3
+82%
|
5
+58%
|
14
+190%
|
12
-18%
|
16
+38%
|
(2)
N/A
|
(17)
-770%
|
(9)
+51%
|
(22)
-152%
|
(17)
+24%
|
19
N/A
|
11
-41%
|
34
+210%
|
(2)
N/A
|
(34)
-1 343%
|
(25)
+28%
|
44
N/A
|
31
-29%
|
61
+95%
|
57
-7%
|
(6)
N/A
|
(1)
+74%
|
19
N/A
|
21
+12%
|
45
+112%
|
51
+13%
|
48
-6%
|
43
-10%
|
19
-55%
|
9
-53%
|
9
+2%
|
|
| EPS (Diluted) |
0.3
N/A
|
0.35
+17%
|
-0.08
N/A
|
-0.26
-225%
|
0.05
N/A
|
0.1
+100%
|
0.34
+240%
|
0.87
+156%
|
0.46
-47%
|
0.8
+74%
|
-0.75
N/A
|
-0.41
+45%
|
-0.6
-46%
|
-0.6
N/A
|
-0.4
+33%
|
-0.01
+98%
|
-0.13
-1 200%
|
-0.14
-8%
|
0.11
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.2
-400%
|
-0.07
+65%
|
-0.16
-129%
|
-0.09
+44%
|
0.02
N/A
|
0.04
+100%
|
0
N/A
|
0.03
N/A
|
0.06
+100%
|
0.1
+67%
|
0.29
+190%
|
0.24
-17%
|
0
N/A
|
-0.04
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.32
N/A
|
0.27
N/A
|
0.16
-41%
|
0.49
+206%
|
-0.03
N/A
|
-0.48
-1 500%
|
-0.34
+29%
|
0.61
N/A
|
0.43
-30%
|
0.84
+95%
|
0.78
-7%
|
-0.08
N/A
|
-0.02
+75%
|
0.26
N/A
|
0.29
+12%
|
0.63
+117%
|
0.71
+13%
|
0.68
-4%
|
0.6
-12%
|
0.27
-55%
|
0.13
-52%
|
0.13
N/A
|
|