Seco SpA
MIL:IOT
Income Statement
Earnings Waterfall
Seco SpA
Income Statement
Seco SpA
| 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 |
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
7
|
0
|
0
|
|
| Revenue |
76
N/A
|
112
+47%
|
116
+3%
|
124
+7%
|
112
-10%
|
180
+60%
|
232
+29%
|
258
+11%
|
201
-22%
|
306
+52%
|
324
+6%
|
324
0%
|
210
-35%
|
307
+46%
|
291
-5%
|
285
-2%
|
184
-36%
|
275
+50%
|
278
+1%
|
|
| Gross Profit | ||||||||||||||||||||
| Cost of Revenue |
(41)
|
(70)
|
(71)
|
(74)
|
(60)
|
(113)
|
(145)
|
(161)
|
(108)
|
(182)
|
(184)
|
(184)
|
(102)
|
(165)
|
(155)
|
(152)
|
(96)
|
(156)
|
(156)
|
|
| Gross Profit |
35
N/A
|
43
+20%
|
45
+6%
|
50
+11%
|
53
+5%
|
68
+28%
|
88
+30%
|
97
+10%
|
93
-4%
|
124
+34%
|
140
+13%
|
140
0%
|
108
-23%
|
143
+32%
|
135
-5%
|
132
-2%
|
88
-34%
|
118
+35%
|
122
+3%
|
|
| Operating Income | ||||||||||||||||||||
| Operating Expenses |
(27)
|
(32)
|
(34)
|
(38)
|
(43)
|
(52)
|
(65)
|
(68)
|
(71)
|
(88)
|
(100)
|
(102)
|
(83)
|
(109)
|
(119)
|
(123)
|
(103)
|
(135)
|
(132)
|
|
| Selling, General & Administrative |
(23)
|
(26)
|
(29)
|
(30)
|
(37)
|
(42)
|
(51)
|
(56)
|
(52)
|
(66)
|
(74)
|
(74)
|
(60)
|
(79)
|
(85)
|
(87)
|
(69)
|
(91)
|
(90)
|
|
| Depreciation & Amortization |
(6)
|
(8)
|
(9)
|
(9)
|
(9)
|
(14)
|
(17)
|
(19)
|
(19)
|
(27)
|
(30)
|
(31)
|
(20)
|
(31)
|
(32)
|
(32)
|
(30)
|
(41)
|
(42)
|
|
| Other Operating Expenses |
1
|
3
|
4
|
2
|
2
|
4
|
4
|
6
|
(0)
|
4
|
3
|
3
|
(3)
|
1
|
(1)
|
(4)
|
(4)
|
(2)
|
0
|
|
| Operating Income |
9
N/A
|
11
+26%
|
12
+8%
|
12
+2%
|
10
-20%
|
16
+66%
|
23
+44%
|
28
+24%
|
22
-24%
|
36
+67%
|
40
+11%
|
37
-6%
|
25
-34%
|
34
+37%
|
17
-50%
|
9
-45%
|
(16)
N/A
|
(16)
-5%
|
(9)
+43%
|
|
| Pre-Tax Income | ||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(1)
|
(3)
|
(3)
|
(4)
|
(4)
|
(8)
|
(7)
|
(7)
|
0
|
(4)
|
(6)
|
|
| Non-Reccuring Items |
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
0
|
(0)
|
0
|
(1)
|
0
|
(1)
|
(1)
|
(4)
|
(4)
|
(4)
|
(4)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
0
|
(1)
|
|
| Pre-Tax Income |
6
N/A
|
10
+58%
|
9
-2%
|
11
+17%
|
8
-31%
|
13
+71%
|
18
+37%
|
23
+28%
|
17
-25%
|
29
+70%
|
33
+14%
|
29
-12%
|
19
-34%
|
25
+28%
|
9
-62%
|
2
-77%
|
(17)
N/A
|
(21)
-29%
|
(17)
+22%
|
|
| Net Income | ||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(4)
|
(6)
|
(2)
|
(6)
|
(7)
|
(6)
|
(5)
|
(7)
|
(5)
|
(5)
|
(1)
|
(2)
|
(1)
|
|
| Income from Continuing Operations |
5
|
8
|
8
|
9
|
7
|
10
|
14
|
17
|
15
|
23
|
26
|
24
|
15
|
18
|
4
|
(3)
|
(18)
|
(23)
|
(18)
|
|
| Income to Minority Interest |
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(5)
|
(6)
|
(4)
|
(5)
|
(5)
|
(5)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(5)
|
(4)
|
|
| Net Income (Common) |
4
N/A
|
6
+54%
|
6
-2%
|
7
+13%
|
4
-40%
|
7
+60%
|
8
+27%
|
12
+38%
|
11
-5%
|
18
+61%
|
21
+20%
|
19
-13%
|
12
-36%
|
13
+13%
|
0
-100%
|
(6)
N/A
|
(21)
-232%
|
(28)
-33%
|
(22)
+20%
|
|
| EPS (Diluted) |
0.04
N/A
|
0.06
+50%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.05
-17%
|
0.09
+80%
|
0.12
+33%
|
0.09
-25%
|
0.15
+67%
|
0.17
+13%
|
0.14
-18%
|
0.09
-36%
|
0.1
+11%
|
0
N/A
|
-0.05
N/A
|
-0.16
-220%
|
-0.21
-31%
|
-0.17
+19%
|
|