Marr SpA
MIL:MARR
Income Statement
Earnings Waterfall
Marr SpA
Revenue
|
2B
EUR
|
Cost of Revenue
|
-1.6B
EUR
|
Gross Profit
|
421.9m
EUR
|
Operating Expenses
|
-338.7m
EUR
|
Operating Income
|
83.2m
EUR
|
Other Expenses
|
-36.1m
EUR
|
Net Income
|
47.1m
EUR
|
Income Statement
Marr SpA
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 |
1 332
N/A
|
1 355
+2%
|
1 381
+2%
|
1 393
+1%
|
1 405
+1%
|
1 410
+0%
|
1 419
+1%
|
1 438
+1%
|
1 440
+0%
|
1 449
+1%
|
1 465
+1%
|
1 491
+2%
|
1 503
+1%
|
1 526
+2%
|
1 547
+1%
|
1 559
+1%
|
1 586
+2%
|
1 595
+1%
|
1 600
+0%
|
1 615
+1%
|
1 628
+1%
|
2 122
+30%
|
2 460
+16%
|
2 461
+0%
|
1 651
-33%
|
2 406
+46%
|
2 069
-14%
|
1 971
-5%
|
1 048
-47%
|
1 633
+56%
|
1 728
+6%
|
1 851
+7%
|
1 421
-23%
|
2 263
+59%
|
2 585
+14%
|
2 667
+3%
|
1 879
-30%
|
2 899
+54%
|
3 023
+4%
|
3 027
+0%
|
2 030
-33%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 055)
|
(1 074)
|
(1 096)
|
(1 108)
|
(1 122)
|
(1 130)
|
(1 141)
|
(1 156)
|
(1 159)
|
(1 167)
|
(1 175)
|
(1 196)
|
(1 204)
|
(1 225)
|
(1 246)
|
(1 260)
|
(1 280)
|
(1 286)
|
(1 289)
|
(1 299)
|
(1 314)
|
(1 708)
|
(1 986)
|
(1 985)
|
(1 334)
|
(1 943)
|
(1 687)
|
(1 609)
|
(862)
|
(1 331)
|
(1 390)
|
(1 486)
|
(1 143)
|
(1 821)
|
(2 072)
|
(2 222)
|
(1 505)
|
(2 597)
|
(2 820)
|
(2 807)
|
(1 608)
|
|
Gross Profit |
277
N/A
|
282
+2%
|
285
+1%
|
285
0%
|
283
-1%
|
280
-1%
|
278
-1%
|
282
+1%
|
281
0%
|
283
+1%
|
290
+2%
|
296
+2%
|
299
+1%
|
301
+1%
|
301
0%
|
299
-1%
|
306
+2%
|
309
+1%
|
312
+1%
|
316
+1%
|
314
-1%
|
414
+32%
|
474
+15%
|
476
+0%
|
318
-33%
|
463
+46%
|
382
-17%
|
362
-5%
|
187
-48%
|
302
+61%
|
338
+12%
|
365
+8%
|
278
-24%
|
442
+59%
|
513
+16%
|
444
-13%
|
374
-16%
|
303
-19%
|
203
-33%
|
220
+8%
|
422
+92%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(198)
|
(202)
|
(202)
|
(200)
|
(197)
|
(193)
|
(191)
|
(193)
|
(191)
|
(193)
|
(199)
|
(204)
|
(207)
|
(209)
|
(209)
|
(206)
|
(209)
|
(211)
|
(214)
|
(218)
|
(215)
|
(277)
|
(326)
|
(328)
|
(219)
|
(330)
|
(309)
|
(307)
|
(186)
|
(287)
|
(297)
|
(306)
|
(222)
|
(350)
|
(410)
|
(359)
|
(331)
|
(233)
|
(119)
|
(122)
|
(339)
|
|
Selling, General & Administrative |
(224)
|
(229)
|
(230)
|
(229)
|
(226)
|
(223)
|
(217)
|
(219)
|
(225)
|
(216)
|
(221)
|
(225)
|
(229)
|
(231)
|
(231)
|
(229)
|
(228)
|
(228)
|
(231)
|
(232)
|
(233)
|
(297)
|
(346)
|
(346)
|
(247)
|
(361)
|
(335)
|
(334)
|
(191)
|
(295)
|
(308)
|
(319)
|
(237)
|
(372)
|
(420)
|
(361)
|
(315)
|
(211)
|
(98)
|
(98)
|
(324)
|
|
Depreciation & Amortization |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(11)
|
(17)
|
(19)
|
(16)
|
(23)
|
(24)
|
(24)
|
(16)
|
(24)
|
(25)
|
(25)
|
(18)
|
(27)
|
(29)
|
(29)
|
(20)
|
(30)
|
(30)
|
(30)
|
(21)
|
|
Other Operating Expenses |
30
|
31
|
32
|
34
|
34
|
35
|
30
|
31
|
39
|
27
|
28
|
27
|
28
|
28
|
29
|
30
|
25
|
24
|
24
|
21
|
25
|
31
|
36
|
37
|
43
|
55
|
50
|
51
|
21
|
33
|
35
|
38
|
32
|
49
|
39
|
31
|
4
|
8
|
9
|
6
|
6
|
|
Operating Income |
78
N/A
|
79
+1%
|
83
+4%
|
85
+3%
|
86
+1%
|
87
+0%
|
87
+1%
|
89
+2%
|
89
+0%
|
90
+0%
|
91
+1%
|
92
+2%
|
92
-1%
|
92
+0%
|
92
0%
|
93
+1%
|
97
+4%
|
98
+0%
|
98
+1%
|
99
+1%
|
99
+1%
|
137
+38%
|
148
+8%
|
148
+0%
|
98
-34%
|
133
+36%
|
73
-45%
|
55
-24%
|
0
-99%
|
15
+3 598%
|
41
+172%
|
58
+42%
|
55
-5%
|
92
+66%
|
103
+12%
|
85
-17%
|
43
-50%
|
70
+64%
|
85
+21%
|
98
+16%
|
83
-15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(8)
|
(6)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(4)
|
(6)
|
(6)
|
(5)
|
(8)
|
(8)
|
(8)
|
(5)
|
(8)
|
(11)
|
(11)
|
(7)
|
(11)
|
(8)
|
(9)
|
(6)
|
(11)
|
(9)
|
(12)
|
(15)
|
|
Non-Reccuring Items |
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
2
|
3
|
0
|
0
|
2
|
2
|
2
|
3
|
3
|
4
|
5
|
6
|
2
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
1
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
(3)
|
(11)
|
(11)
|
(3)
|
|
Pre-Tax Income |
71
N/A
|
72
+0%
|
74
+4%
|
77
+3%
|
77
+1%
|
77
+0%
|
78
+1%
|
83
+6%
|
84
+1%
|
86
+2%
|
87
+2%
|
87
N/A
|
87
0%
|
87
+0%
|
87
+0%
|
89
+2%
|
92
+4%
|
93
+1%
|
94
+1%
|
95
+1%
|
96
+1%
|
133
+39%
|
142
+7%
|
142
0%
|
93
-34%
|
126
+35%
|
68
-46%
|
50
-26%
|
(3)
N/A
|
10
N/A
|
30
+217%
|
47
+56%
|
50
+5%
|
83
+67%
|
97
+17%
|
79
-19%
|
38
-52%
|
59
+57%
|
70
+18%
|
81
+17%
|
67
-18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(24)
|
(24)
|
(25)
|
(26)
|
(26)
|
(26)
|
(26)
|
(27)
|
(26)
|
(27)
|
(27)
|
(28)
|
(28)
|
(28)
|
(27)
|
(26)
|
(26)
|
(27)
|
(27)
|
(27)
|
(27)
|
(38)
|
(40)
|
(41)
|
(27)
|
(36)
|
(20)
|
(14)
|
0
|
(3)
|
(9)
|
(14)
|
(15)
|
(24)
|
(28)
|
(23)
|
(11)
|
(17)
|
(19)
|
(23)
|
(20)
|
|
Income from Continuing Operations |
47
|
48
|
50
|
51
|
51
|
51
|
52
|
56
|
58
|
59
|
60
|
59
|
59
|
59
|
60
|
62
|
66
|
66
|
67
|
68
|
69
|
95
|
102
|
102
|
67
|
90
|
48
|
36
|
(2)
|
6
|
21
|
34
|
35
|
59
|
69
|
56
|
27
|
42
|
50
|
58
|
47
|
|
Income to Minority Interest |
(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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
47
N/A
|
47
+1%
|
49
+4%
|
51
+3%
|
51
+1%
|
51
+0%
|
52
+2%
|
56
+8%
|
58
+3%
|
59
+2%
|
60
+1%
|
59
-1%
|
59
-1%
|
59
+1%
|
60
+2%
|
62
+3%
|
66
+5%
|
66
+1%
|
67
+1%
|
68
+2%
|
69
+1%
|
95
+39%
|
102
+7%
|
102
0%
|
67
-34%
|
90
+35%
|
48
-46%
|
36
-25%
|
(2)
N/A
|
6
N/A
|
21
+240%
|
34
+57%
|
35
+4%
|
59
+69%
|
69
+16%
|
56
-19%
|
27
-52%
|
42
+59%
|
50
+19%
|
58
+15%
|
47
-19%
|
|
EPS (Diluted) |
0.71
N/A
|
0.72
+1%
|
0.75
+4%
|
0.77
+3%
|
0.77
N/A
|
0.77
N/A
|
0.79
+3%
|
0.85
+8%
|
0.87
+2%
|
0.89
+2%
|
0.9
+1%
|
0.89
-1%
|
0.88
-1%
|
0.89
+1%
|
0.91
+2%
|
0.94
+3%
|
0.98
+4%
|
0.99
+1%
|
1
+1%
|
1.02
+2%
|
1.03
+1%
|
1.44
+40%
|
1.53
+6%
|
1.53
N/A
|
1
-35%
|
1.35
+35%
|
0.72
-47%
|
0.54
-25%
|
-0.04
N/A
|
0.09
N/A
|
0.32
+256%
|
0.51
+59%
|
0.53
+4%
|
0.89
+68%
|
1.03
+16%
|
0.83
-19%
|
0.4
-52%
|
0.63
+58%
|
0.76
+21%
|
0.88
+16%
|
0.71
-19%
|