GPI SpA
MIL:GPI
Income Statement
Earnings Waterfall
GPI SpA
Revenue
|
424.6m
EUR
|
Cost of Revenue
|
-122m
EUR
|
Gross Profit
|
302.6m
EUR
|
Operating Expenses
|
-274.4m
EUR
|
Operating Income
|
28.2m
EUR
|
Other Expenses
|
-21m
EUR
|
Net Income
|
7.2m
EUR
|
Income Statement
GPI SpA
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
179
N/A
|
191
+7%
|
202
+6%
|
218
+8%
|
237
+9%
|
245
+3%
|
268
+10%
|
303
+13%
|
324
+7%
|
341
+5%
|
344
+1%
|
366
+7%
|
425
+16%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(47)
|
(48)
|
(55)
|
(63)
|
(69)
|
(74)
|
(80)
|
(91)
|
(92)
|
(96)
|
(102)
|
(108)
|
(122)
|
|
Gross Profit |
131
N/A
|
142
+8%
|
147
+3%
|
154
+5%
|
168
+9%
|
171
+1%
|
188
+10%
|
212
+13%
|
232
+10%
|
245
+6%
|
241
-2%
|
258
+7%
|
303
+17%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(116)
|
(129)
|
(133)
|
(143)
|
(153)
|
(157)
|
(169)
|
(191)
|
(208)
|
(220)
|
(221)
|
(234)
|
(274)
|
|
Selling, General & Administrative |
(102)
|
(113)
|
(119)
|
(128)
|
(137)
|
(138)
|
(148)
|
(167)
|
(183)
|
(192)
|
(192)
|
(202)
|
(234)
|
|
Depreciation & Amortization |
(10)
|
(11)
|
(13)
|
(15)
|
(16)
|
(18)
|
(21)
|
(22)
|
(24)
|
(26)
|
(27)
|
(30)
|
(42)
|
|
Other Operating Expenses |
(4)
|
(5)
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(0)
|
(2)
|
(2)
|
(1)
|
2
|
|
Operating Income |
15
N/A
|
14
-13%
|
13
-2%
|
12
-11%
|
15
+28%
|
14
-6%
|
19
+34%
|
21
+8%
|
24
+16%
|
26
+7%
|
21
-20%
|
25
+21%
|
28
+14%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(3)
|
(2)
|
(1)
|
(2)
|
(5)
|
(5)
|
(4)
|
(7)
|
(8)
|
(12)
|
(18)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
|
Total Other Income |
(1)
|
(0)
|
2
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(3)
|
0
|
(1)
|
(2)
|
(1)
|
|
Pre-Tax Income |
13
N/A
|
12
-9%
|
13
+7%
|
10
-18%
|
13
+22%
|
12
-7%
|
13
+12%
|
14
+9%
|
17
+15%
|
18
+9%
|
11
-39%
|
11
-3%
|
9
-21%
|
|
Net Income | ||||||||||||||
Tax Provision |
(5)
|
(5)
|
(3)
|
(2)
|
(3)
|
(3)
|
(1)
|
(2)
|
(5)
|
(7)
|
(5)
|
(5)
|
(6)
|
|
Income from Continuing Operations |
8
|
7
|
9
|
9
|
10
|
9
|
12
|
12
|
11
|
11
|
6
|
6
|
2
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
8
N/A
|
7
-6%
|
9
+30%
|
9
-6%
|
9
+8%
|
8
-12%
|
12
+45%
|
12
-1%
|
11
-7%
|
11
+3%
|
10
-15%
|
10
+2%
|
7
-28%
|
|
EPS (Diluted) |
0.48
N/A
|
0.45
-6%
|
0.58
+29%
|
0.55
-5%
|
0.59
+7%
|
0.52
-12%
|
0.76
+46%
|
0.75
-1%
|
0.61
-19%
|
0.62
+2%
|
0.33
-47%
|
0.34
+3%
|
0.24
-29%
|