Pierrel SpA
MIL:PRL
Income Statement
Earnings Waterfall
Pierrel SpA
Income Statement
Pierrel SpA
| Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | Jun-2021 | Sep-2021 | Dec-2021 | Jun-2022 | Sep-2022 | Dec-2022 | Jun-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
46
N/A
|
42
-9%
|
40
-5%
|
36
-10%
|
30
-16%
|
30
-1%
|
29
-2%
|
29
0%
|
30
+3%
|
15
-50%
|
13
-15%
|
8
-34%
|
5
-41%
|
16
+222%
|
15
-7%
|
14
-7%
|
14
+1%
|
14
+4%
|
14
-2%
|
14
-1%
|
14
+4%
|
17
+17%
|
18
+9%
|
19
+5%
|
20
+5%
|
20
-2%
|
21
+5%
|
21
0%
|
22
+4%
|
21
-1%
|
20
-6%
|
22
+11%
|
19
-13%
|
18
-6%
|
18
+3%
|
21
+13%
|
23
+12%
|
28
+20%
|
29
+3%
|
24
-16%
|
33
+37%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(11)
|
(5)
|
(5)
|
(2)
|
0
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(6)
|
(7)
|
(6)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(7)
|
(10)
|
|
| Gross Profit |
35
N/A
|
36
+4%
|
34
-5%
|
34
-2%
|
30
-10%
|
25
-16%
|
25
-3%
|
24
-1%
|
25
+3%
|
10
-61%
|
7
-26%
|
3
-63%
|
(1)
N/A
|
10
N/A
|
9
-9%
|
9
-8%
|
9
+3%
|
9
-1%
|
9
+1%
|
9
-4%
|
9
+4%
|
11
+27%
|
12
+4%
|
13
+9%
|
13
+6%
|
13
-4%
|
14
+11%
|
14
-2%
|
14
+0%
|
14
+0%
|
14
-5%
|
15
+13%
|
13
-12%
|
13
-6%
|
12
-2%
|
14
+18%
|
16
+12%
|
20
+23%
|
20
-1%
|
17
-14%
|
23
+37%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(41)
|
(45)
|
(45)
|
(44)
|
(43)
|
(39)
|
(38)
|
(44)
|
(44)
|
(13)
|
(9)
|
4
|
5
|
(13)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(17)
|
(17)
|
(15)
|
(20)
|
|
| Selling, General & Administrative |
(35)
|
(36)
|
(36)
|
(35)
|
(35)
|
(34)
|
(33)
|
(33)
|
(33)
|
(9)
|
(5)
|
2
|
7
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(9)
|
(10)
|
(14)
|
(14)
|
(11)
|
(15)
|
|
| Depreciation & Amortization |
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
|
| Other Operating Expenses |
(2)
|
(5)
|
(5)
|
(4)
|
(4)
|
(1)
|
(1)
|
(7)
|
(7)
|
(1)
|
(1)
|
3
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
| Operating Income |
(7)
N/A
|
(9)
-35%
|
(10)
-16%
|
(10)
+1%
|
(13)
-29%
|
(13)
-1%
|
(13)
0%
|
(20)
-49%
|
(19)
+3%
|
(3)
+83%
|
(2)
+51%
|
6
N/A
|
4
-30%
|
(3)
N/A
|
(3)
-15%
|
(3)
-8%
|
(3)
+10%
|
(2)
+32%
|
(2)
+21%
|
(1)
+12%
|
(1)
+40%
|
1
N/A
|
1
+56%
|
2
+53%
|
2
+21%
|
2
-20%
|
3
+59%
|
2
-22%
|
3
+5%
|
3
+10%
|
2
-23%
|
4
+85%
|
3
-37%
|
2
-32%
|
1
-36%
|
3
+142%
|
4
+37%
|
3
-15%
|
3
-14%
|
2
-28%
|
4
+80%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(5)
|
(6)
|
(6)
|
(1)
|
1
|
2
|
2
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
|
| Total Other Income |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
1
|
1
|
(1)
|
1
|
(0)
|
2
|
2
|
2
|
(2)
|
1
|
1
|
1
|
(2)
|
(2)
|
1
|
1
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
|
| Pre-Tax Income |
(10)
N/A
|
(12)
-20%
|
(14)
-17%
|
(13)
+5%
|
(16)
-24%
|
(16)
+2%
|
(16)
+2%
|
(22)
-44%
|
(22)
+2%
|
(7)
+69%
|
(5)
+22%
|
3
N/A
|
7
+87%
|
(5)
N/A
|
(4)
+17%
|
(5)
-23%
|
(5)
+13%
|
(7)
-64%
|
(9)
-17%
|
(9)
-6%
|
(8)
+10%
|
(2)
+73%
|
(0)
+97%
|
2
N/A
|
2
+10%
|
1
-46%
|
2
+45%
|
1
-13%
|
1
-16%
|
2
+110%
|
2
-17%
|
4
+89%
|
3
-20%
|
2
-37%
|
1
-27%
|
3
+90%
|
3
+21%
|
3
-18%
|
2
-22%
|
1
-30%
|
3
+136%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
0
|
0
|
1
|
1
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(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)
|
|
| Income from Continuing Operations |
(11)
|
(11)
|
(13)
|
(12)
|
(15)
|
(16)
|
(15)
|
(23)
|
(22)
|
(7)
|
(6)
|
3
|
6
|
(6)
|
(5)
|
(6)
|
(5)
|
(7)
|
(9)
|
(9)
|
(8)
|
(3)
|
(0)
|
2
|
2
|
1
|
1
|
1
|
1
|
2
|
2
|
4
|
3
|
2
|
1
|
3
|
3
|
2
|
2
|
1
|
3
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
1
|
3
|
3
|
6
|
6
|
0
|
5
|
3
|
4
|
6
|
5
|
5
|
4
|
1
|
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) |
(11)
N/A
|
(11)
-2%
|
(13)
-17%
|
(12)
+8%
|
(14)
-19%
|
(13)
+8%
|
(12)
+9%
|
(16)
-38%
|
(16)
+4%
|
(14)
+13%
|
(13)
+5%
|
(8)
+41%
|
(6)
+19%
|
(8)
-20%
|
(7)
+6%
|
3
N/A
|
4
+38%
|
2
-39%
|
1
-43%
|
(9)
N/A
|
(8)
+10%
|
(3)
+70%
|
(0)
+88%
|
2
N/A
|
2
+8%
|
1
-52%
|
1
+54%
|
1
-18%
|
1
-21%
|
2
+164%
|
2
-20%
|
4
+109%
|
3
-21%
|
2
-36%
|
1
-37%
|
3
+108%
|
3
+17%
|
2
-17%
|
2
-26%
|
1
-25%
|
3
+131%
|
|
| EPS (Diluted) |
-0.51
N/A
|
-0.77
-51%
|
-0.58
+25%
|
-0.53
+9%
|
-0.63
-19%
|
-0.24
+62%
|
-0.22
+8%
|
-0.31
-41%
|
-0.29
+6%
|
-0.25
+14%
|
-0.22
+12%
|
-0.13
+41%
|
-0.09
+31%
|
-0.13
-44%
|
-0.12
+8%
|
0.04
N/A
|
0.06
+50%
|
0.03
-50%
|
0.02
-33%
|
-0.16
N/A
|
-0.15
+6%
|
-0.04
+73%
|
-0.01
+75%
|
0.03
N/A
|
0.04
+33%
|
0.01
-75%
|
0.02
+100%
|
0.01
-50%
|
0.01
N/A
|
0.18
+1 700%
|
0.01
-94%
|
0.02
+100%
|
0.01
-50%
|
0.15
+1 400%
|
0.01
-93%
|
0.01
N/A
|
0.24
+2 300%
|
0.19
-21%
|
0.15
-21%
|
0.11
-27%
|
0.25
+127%
|
|