GVS SpA
MIL:GVS
Income Statement
Earnings Waterfall
GVS SpA
Income Statement
GVS SpA
| 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Interest Expense |
2
|
4
|
3
|
4
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
4
|
6
|
10
|
13
|
16
|
17
|
18
|
18
|
17
|
15
|
0
|
0
|
|
| Revenue |
113
N/A
|
227
+100%
|
344
+51%
|
430
+25%
|
486
+13%
|
363
-25%
|
406
+12%
|
407
+0%
|
363
-11%
|
338
-7%
|
316
-6%
|
315
0%
|
354
+12%
|
388
+10%
|
410
+6%
|
434
+6%
|
427
-2%
|
425
-1%
|
425
0%
|
426
+0%
|
433
+2%
|
429
-1%
|
432
+1%
|
429
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(44)
|
(90)
|
(136)
|
(159)
|
(171)
|
(117)
|
(125)
|
(131)
|
(122)
|
(126)
|
(124)
|
(134)
|
(163)
|
(189)
|
(201)
|
(213)
|
(204)
|
(196)
|
(196)
|
(191)
|
(193)
|
(187)
|
(189)
|
(189)
|
|
| Gross Profit |
70
N/A
|
138
+98%
|
208
+51%
|
270
+30%
|
314
+16%
|
246
-22%
|
281
+14%
|
275
-2%
|
241
-12%
|
212
-12%
|
192
-9%
|
181
-6%
|
191
+5%
|
198
+4%
|
209
+6%
|
221
+6%
|
223
+1%
|
228
+2%
|
229
+0%
|
235
+3%
|
240
+2%
|
241
+1%
|
243
+1%
|
240
-1%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(45)
|
(93)
|
(138)
|
(166)
|
(177)
|
(121)
|
(128)
|
(131)
|
(128)
|
(128)
|
(122)
|
(127)
|
(143)
|
(163)
|
(171)
|
(181)
|
(178)
|
(177)
|
(177)
|
(181)
|
(182)
|
(182)
|
(183)
|
(179)
|
|
| Selling, General & Administrative |
(39)
|
(78)
|
(116)
|
(141)
|
(151)
|
(103)
|
(113)
|
(115)
|
(112)
|
(106)
|
(105)
|
(108)
|
(119)
|
(129)
|
(136)
|
(141)
|
(137)
|
(137)
|
(137)
|
(140)
|
(141)
|
(142)
|
(142)
|
(139)
|
|
| Depreciation & Amortization |
(7)
|
(16)
|
(24)
|
(27)
|
(28)
|
(19)
|
(16)
|
(17)
|
(18)
|
(24)
|
(19)
|
(20)
|
(26)
|
(38)
|
(38)
|
(44)
|
(44)
|
(44)
|
(45)
|
(45)
|
(45)
|
(44)
|
(44)
|
(45)
|
|
| Other Operating Expenses |
1
|
1
|
2
|
3
|
2
|
1
|
2
|
1
|
1
|
1
|
1
|
2
|
2
|
3
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
3
|
4
|
6
|
|
| Operating Income |
24
N/A
|
45
+88%
|
70
+55%
|
105
+50%
|
138
+32%
|
125
-9%
|
153
+22%
|
144
-5%
|
113
-22%
|
84
-26%
|
70
-17%
|
54
-22%
|
47
-13%
|
35
-26%
|
38
+9%
|
40
+6%
|
45
+12%
|
51
+13%
|
52
+1%
|
54
+5%
|
58
+6%
|
59
+1%
|
60
+2%
|
62
+3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
4
|
(2)
|
(1)
|
(4)
|
(11)
|
(13)
|
(8)
|
(7)
|
0
|
8
|
10
|
29
|
43
|
8
|
(6)
|
(27)
|
(48)
|
(17)
|
(13)
|
(13)
|
(15)
|
(11)
|
(20)
|
(32)
|
|
| Non-Reccuring Items |
(1)
|
0
|
(0)
|
(8)
|
(8)
|
(6)
|
(9)
|
(5)
|
(9)
|
(1)
|
(14)
|
(12)
|
(11)
|
(6)
|
(9)
|
(8)
|
(5)
|
(3)
|
(3)
|
(1)
|
(1)
|
(3)
|
(3)
|
(5)
|
|
| Total Other Income |
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(3)
|
3
|
(13)
|
(9)
|
(11)
|
(22)
|
(2)
|
(4)
|
(1)
|
|
| Pre-Tax Income |
27
N/A
|
44
+63%
|
69
+58%
|
93
+35%
|
119
+27%
|
106
-11%
|
136
+28%
|
132
-3%
|
104
-21%
|
90
-14%
|
66
-27%
|
70
+6%
|
77
+10%
|
35
-55%
|
21
-40%
|
2
-90%
|
(5)
N/A
|
18
N/A
|
27
+49%
|
30
+8%
|
19
-35%
|
43
+125%
|
33
-23%
|
23
-30%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
(7)
|
(11)
|
(17)
|
(23)
|
(28)
|
(28)
|
(35)
|
(33)
|
(27)
|
(22)
|
(16)
|
(18)
|
(21)
|
(11)
|
(7)
|
(3)
|
(0)
|
(5)
|
(7)
|
(4)
|
(2)
|
(10)
|
(7)
|
(8)
|
|
| Income from Continuing Operations |
20
|
33
|
52
|
70
|
90
|
78
|
101
|
99
|
77
|
68
|
49
|
52
|
56
|
24
|
14
|
(1)
|
(5)
|
14
|
21
|
25
|
17
|
33
|
26
|
15
|
|
| 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
|
|
| Net Income (Common) |
20
N/A
|
33
+66%
|
52
+57%
|
70
+35%
|
90
+29%
|
78
-14%
|
101
+29%
|
99
-2%
|
77
-22%
|
68
-12%
|
49
-27%
|
52
+5%
|
56
+9%
|
24
-57%
|
14
-43%
|
(1)
N/A
|
(5)
-411%
|
14
N/A
|
21
+51%
|
25
+23%
|
17
-31%
|
33
+92%
|
26
-23%
|
15
-40%
|
|
| EPS (Diluted) |
0.11
N/A
|
0.19
+73%
|
0.3
+58%
|
0.4
+33%
|
0.52
+30%
|
0.45
-13%
|
0.58
+29%
|
0.56
-3%
|
0.44
-21%
|
0.39
-11%
|
0.28
-28%
|
0.3
+7%
|
0.33
+10%
|
0.14
-58%
|
0.08
-43%
|
0
N/A
|
-0.03
N/A
|
0.08
N/A
|
0.11
+38%
|
0.15
+36%
|
0.1
-33%
|
0.19
+90%
|
0.15
-21%
|
0.09
-40%
|
|