Fervi SpA
MIL:FVI
Income Statement
Earnings Waterfall
Fervi SpA
Income Statement
Fervi SpA
| Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
31
N/A
|
38
+23%
|
50
+33%
|
57
+14%
|
57
+0%
|
56
-2%
|
56
-1%
|
54
-3%
|
50
-7%
|
|
| Gross Profit | ||||||||||
| Cost of Revenue |
(20)
|
(24)
|
(32)
|
(37)
|
(37)
|
(35)
|
(35)
|
(34)
|
(31)
|
|
| Gross Profit |
11
N/A
|
14
+29%
|
18
+31%
|
20
+9%
|
20
+2%
|
21
+4%
|
21
0%
|
21
-3%
|
19
-6%
|
|
| Operating Income | ||||||||||
| Operating Expenses |
(7)
|
(10)
|
(13)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
|
| Selling, General & Administrative |
(5)
|
(7)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
| Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Operating Income |
4
N/A
|
5
+16%
|
5
+21%
|
5
-4%
|
5
-4%
|
6
+10%
|
5
-4%
|
5
-15%
|
4
-22%
|
|
| Pre-Tax Income | ||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
4
N/A
|
4
+17%
|
5
+25%
|
5
-4%
|
5
-4%
|
5
+7%
|
5
-4%
|
4
-15%
|
3
-20%
|
|
| Net Income | ||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
|
| Income from Continuing Operations |
3
|
3
|
4
|
4
|
4
|
4
|
4
|
3
|
2
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
3
N/A
|
3
+15%
|
4
+21%
|
4
-7%
|
4
-2%
|
4
+11%
|
4
-9%
|
3
-24%
|
2
-26%
|
|
| EPS (Diluted) |
1.09
N/A
|
1.25
+15%
|
1.52
+22%
|
1.42
-7%
|
1.39
-2%
|
1.54
+11%
|
1.41
-8%
|
1.07
-24%
|
0.8
-25%
|
|