IVS Group SA
MIL:IVS
Income Statement
Earnings Waterfall
IVS Group SA
Revenue
|
726.2m
EUR
|
Cost of Revenue
|
-334m
EUR
|
Gross Profit
|
392.2m
EUR
|
Operating Expenses
|
-355.7m
EUR
|
Operating Income
|
36.5m
EUR
|
Other Expenses
|
-20.3m
EUR
|
Net Income
|
16.2m
EUR
|
Income Statement
IVS Group SA
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
313
N/A
|
313
+0%
|
315
+1%
|
319
+1%
|
322
+1%
|
328
+2%
|
334
+2%
|
342
+2%
|
348
+2%
|
352
+1%
|
357
+2%
|
360
+1%
|
362
+1%
|
375
+4%
|
386
+3%
|
396
+3%
|
409
+3%
|
415
+1%
|
421
+1%
|
427
+1%
|
434
+2%
|
441
+2%
|
448
+1%
|
455
+2%
|
463
+2%
|
449
-3%
|
392
-13%
|
366
-7%
|
330
-10%
|
309
-6%
|
335
+8%
|
342
+2%
|
360
+5%
|
373
+4%
|
389
+4%
|
463
+19%
|
540
+17%
|
631
+17%
|
715
+13%
|
719
+1%
|
726
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(114)
|
(113)
|
(112)
|
(113)
|
(113)
|
(114)
|
(115)
|
(117)
|
(122)
|
(119)
|
(121)
|
(123)
|
(127)
|
(130)
|
(133)
|
(137)
|
(148)
|
(143)
|
(145)
|
(146)
|
(153)
|
(148)
|
(149)
|
(150)
|
(160)
|
(150)
|
(133)
|
(128)
|
(122)
|
(110)
|
(118)
|
(119)
|
(131)
|
(131)
|
(137)
|
(180)
|
(239)
|
(282)
|
(334)
|
(336)
|
(334)
|
|
Gross Profit |
199
N/A
|
200
+1%
|
203
+1%
|
206
+2%
|
208
+1%
|
214
+3%
|
219
+2%
|
225
+3%
|
225
+0%
|
233
+3%
|
236
+1%
|
237
+1%
|
235
-1%
|
246
+5%
|
253
+3%
|
259
+2%
|
261
+1%
|
273
+4%
|
276
+1%
|
281
+2%
|
281
0%
|
293
+4%
|
298
+2%
|
305
+2%
|
303
-1%
|
299
-1%
|
259
-13%
|
238
-8%
|
208
-13%
|
199
-4%
|
217
+9%
|
223
+3%
|
229
+3%
|
243
+6%
|
253
+4%
|
282
+12%
|
301
+7%
|
350
+16%
|
381
+9%
|
384
+1%
|
392
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(173)
|
(175)
|
(176)
|
(180)
|
(181)
|
(184)
|
(185)
|
(186)
|
(185)
|
(191)
|
(195)
|
(198)
|
(192)
|
(204)
|
(207)
|
(212)
|
(213)
|
(224)
|
(228)
|
(232)
|
(233)
|
(244)
|
(252)
|
(258)
|
(259)
|
(255)
|
(240)
|
(226)
|
(208)
|
(229)
|
(232)
|
(235)
|
(220)
|
(230)
|
(237)
|
(263)
|
(279)
|
(321)
|
(352)
|
(358)
|
(356)
|
|
Selling, General & Administrative |
(88)
|
(88)
|
(90)
|
(92)
|
(92)
|
(93)
|
(94)
|
(94)
|
(94)
|
(95)
|
(96)
|
(97)
|
(98)
|
(102)
|
(104)
|
(106)
|
(109)
|
(111)
|
(113)
|
(114)
|
(115)
|
(117)
|
(119)
|
(122)
|
(126)
|
(126)
|
(111)
|
(104)
|
(98)
|
(90)
|
(101)
|
(103)
|
(108)
|
(110)
|
(111)
|
(127)
|
(145)
|
(162)
|
(179)
|
(182)
|
(182)
|
|
Depreciation & Amortization |
(39)
|
(39)
|
(38)
|
(38)
|
(39)
|
(39)
|
(39)
|
(39)
|
(39)
|
(40)
|
(40)
|
(41)
|
(40)
|
(41)
|
(41)
|
(42)
|
(43)
|
(44)
|
(44)
|
(44)
|
(46)
|
(49)
|
(53)
|
(57)
|
(60)
|
(61)
|
(62)
|
(61)
|
(62)
|
(80)
|
(79)
|
(80)
|
(60)
|
(59)
|
(58)
|
(61)
|
(69)
|
(74)
|
(80)
|
(82)
|
(80)
|
|
Other Operating Expenses |
(47)
|
(49)
|
(48)
|
(50)
|
(50)
|
(52)
|
(52)
|
(54)
|
(51)
|
(57)
|
(59)
|
(60)
|
(54)
|
(61)
|
(62)
|
(64)
|
(60)
|
(69)
|
(71)
|
(74)
|
(71)
|
(78)
|
(79)
|
(79)
|
(73)
|
(69)
|
(67)
|
(61)
|
(49)
|
(59)
|
(52)
|
(53)
|
(52)
|
(62)
|
(68)
|
(75)
|
(65)
|
(85)
|
(92)
|
(93)
|
(94)
|
|
Operating Income |
26
N/A
|
25
-3%
|
27
+7%
|
27
N/A
|
27
+1%
|
30
+13%
|
34
+12%
|
39
+13%
|
40
+4%
|
42
+4%
|
41
-2%
|
40
-3%
|
43
+8%
|
42
-3%
|
46
+10%
|
47
+2%
|
48
+3%
|
49
+1%
|
49
N/A
|
49
+2%
|
48
-2%
|
50
+3%
|
47
-6%
|
47
+0%
|
44
-5%
|
44
-1%
|
19
-56%
|
12
-40%
|
(0)
N/A
|
(30)
-12 270%
|
(14)
+52%
|
(12)
+14%
|
9
N/A
|
12
+29%
|
15
+26%
|
19
+25%
|
22
+18%
|
29
+28%
|
29
+1%
|
25
-13%
|
37
+44%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(16)
|
(20)
|
(18)
|
(22)
|
(17)
|
(15)
|
(16)
|
(13)
|
(27)
|
(29)
|
(27)
|
(27)
|
(17)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(14)
|
(15)
|
(22)
|
(21)
|
(21)
|
(20)
|
(14)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(16)
|
(18)
|
(18)
|
(20)
|
|
Non-Reccuring Items |
(3)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(32)
|
(32)
|
(30)
|
(29)
|
(3)
|
(0)
|
(6)
|
(4)
|
(6)
|
(6)
|
(2)
|
(5)
|
(3)
|
(3)
|
(3)
|
(1)
|
1
|
4
|
11
|
9
|
(10)
|
6
|
(0)
|
0
|
1
|
1
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
(3)
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(0)
|
(1)
|
(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
|
5
|
|
Pre-Tax Income |
7
N/A
|
2
-71%
|
6
+162%
|
1
-80%
|
5
+351%
|
12
+136%
|
14
+21%
|
21
+52%
|
(19)
N/A
|
(20)
-9%
|
(18)
+12%
|
(18)
-2%
|
23
N/A
|
29
+22%
|
26
-8%
|
30
+13%
|
29
-1%
|
29
+0%
|
34
+15%
|
32
-5%
|
32
+1%
|
33
+3%
|
30
-11%
|
30
+3%
|
23
-23%
|
26
+11%
|
9
-64%
|
1
-94%
|
(25)
N/A
|
(38)
-57%
|
(29)
+24%
|
(26)
+9%
|
(4)
+85%
|
(1)
+72%
|
2
N/A
|
4
+137%
|
7
+59%
|
11
+70%
|
11
-4%
|
7
-35%
|
19
+164%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
0
|
(2)
|
0
|
(2)
|
(3)
|
(4)
|
(5)
|
0
|
2
|
1
|
(1)
|
(5)
|
(8)
|
(8)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(4)
|
(2)
|
4
|
6
|
9
|
12
|
14
|
14
|
10
|
9
|
3
|
2
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
7
|
2
|
4
|
1
|
3
|
9
|
10
|
17
|
(18)
|
(18)
|
(17)
|
(19)
|
19
|
21
|
18
|
21
|
21
|
22
|
26
|
25
|
25
|
26
|
23
|
24
|
20
|
24
|
13
|
7
|
(15)
|
(26)
|
(15)
|
(13)
|
6
|
8
|
5
|
7
|
8
|
11
|
10
|
6
|
18
|
|
Income to Minority Interest |
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Net Income (Common) |
6
N/A
|
1
-80%
|
2
+73%
|
(0)
N/A
|
2
N/A
|
8
+349%
|
10
+25%
|
16
+67%
|
(19)
N/A
|
(20)
-1%
|
(19)
+5%
|
(20)
-8%
|
17
N/A
|
19
+11%
|
16
-13%
|
19
+17%
|
20
+3%
|
20
+5%
|
25
+23%
|
24
-4%
|
23
-3%
|
24
+3%
|
21
-12%
|
22
+5%
|
18
-17%
|
23
+25%
|
13
-44%
|
6
-51%
|
(15)
N/A
|
(26)
-71%
|
(16)
+41%
|
(13)
+16%
|
5
N/A
|
8
+40%
|
4
-41%
|
6
+35%
|
6
+5%
|
9
+38%
|
8
-9%
|
4
-47%
|
16
+286%
|
|
EPS (Diluted) |
0.14
N/A
|
0.02
-86%
|
0.04
+100%
|
-0.02
N/A
|
0.04
N/A
|
0.2
+400%
|
0.25
+25%
|
0.42
+68%
|
-0.5
N/A
|
-0.5
N/A
|
-0.48
+4%
|
-0.52
-8%
|
0.37
N/A
|
0.48
+30%
|
0.42
-13%
|
0.48
+14%
|
0.44
-8%
|
0.54
+23%
|
0.7
+30%
|
0.63
-10%
|
0.54
-14%
|
0.66
+22%
|
0.58
-12%
|
0.61
+5%
|
0.43
-30%
|
0.62
+44%
|
0.34
-45%
|
0.18
-47%
|
-0.36
N/A
|
-0.61
-69%
|
-0.36
+41%
|
-0.28
+22%
|
0.12
N/A
|
0.17
+42%
|
0.09
-47%
|
0.06
-33%
|
0.09
+50%
|
0.22
+144%
|
0.08
-64%
|
0.03
-63%
|
0.18
+500%
|