Saipem SpA
MIL:SPM
Income Statement
Earnings Waterfall
Saipem SpA
Revenue
|
11.9B
EUR
|
Cost of Revenue
|
-9.2B
EUR
|
Gross Profit
|
2.7B
EUR
|
Operating Expenses
|
-2.2B
EUR
|
Operating Income
|
466m
EUR
|
Other Expenses
|
-287m
EUR
|
Net Income
|
179m
EUR
|
Income Statement
Saipem SpA
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 | 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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
11 989
N/A
|
11 881
-1%
|
12 018
+1%
|
11 916
-1%
|
12 791
+7%
|
12 859
+1%
|
12 888
+0%
|
13 059
+1%
|
12 284
-6%
|
11 846
-4%
|
11 509
-3%
|
11 329
-2%
|
11 429
+1%
|
10 953
-4%
|
7 315
-33%
|
7 191
-2%
|
6 877
-4%
|
9 017
+31%
|
8 670
-4%
|
8 228
-5%
|
8 203
0%
|
8 537
+4%
|
11 037
+29%
|
13 671
+24%
|
13 643
0%
|
9 111
-33%
|
13 515
+48%
|
12 712
-6%
|
12 197
-4%
|
7 399
-39%
|
10 734
+45%
|
10 058
-6%
|
10 123
+1%
|
6 529
-36%
|
10 255
+57%
|
9 462
-8%
|
10 537
+11%
|
9 987
-5%
|
10 633
+6%
|
13 731
+29%
|
11 898
-13%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8 291)
|
(8 316)
|
(7 581)
|
(7 512)
|
(8 229)
|
(8 330)
|
(7 750)
|
(8 399)
|
(7 813)
|
(7 452)
|
(8 779)
|
(8 031)
|
(7 651)
|
(8 060)
|
(5 386)
|
(5 512)
|
(4 526)
|
(5 572)
|
(5 334)
|
(5 048)
|
(5 068)
|
(5 410)
|
(7 208)
|
(9 054)
|
(8 906)
|
(5 795)
|
(8 793)
|
(8 296)
|
(8 033)
|
(4 910)
|
(7 316)
|
(7 231)
|
(7 465)
|
(5 084)
|
(9 118)
|
(8 533)
|
(9 325)
|
(7 165)
|
(8 393)
|
(10 582)
|
(9 232)
|
|
Gross Profit |
3 698
N/A
|
3 565
-4%
|
4 437
+24%
|
4 404
-1%
|
4 562
+4%
|
4 529
-1%
|
5 138
+13%
|
4 660
-9%
|
4 471
-4%
|
4 394
-2%
|
2 730
-38%
|
3 298
+21%
|
3 778
+15%
|
2 893
-23%
|
1 929
-33%
|
1 679
-13%
|
2 351
+40%
|
3 445
+47%
|
3 336
-3%
|
3 180
-5%
|
3 135
-1%
|
3 127
0%
|
3 829
+22%
|
4 617
+21%
|
4 737
+3%
|
3 316
-30%
|
4 722
+42%
|
4 416
-6%
|
4 164
-6%
|
2 489
-40%
|
3 418
+37%
|
2 827
-17%
|
2 658
-6%
|
1 445
-46%
|
1 137
-21%
|
929
-18%
|
1 212
+30%
|
2 822
+133%
|
2 240
-21%
|
3 149
+41%
|
2 666
-15%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 444)
|
(3 504)
|
(4 280)
|
(4 323)
|
(3 882)
|
(3 910)
|
(5 083)
|
(4 568)
|
(5 499)
|
(5 429)
|
(3 182)
|
(3 767)
|
(3 203)
|
(4 198)
|
(3 459)
|
(3 292)
|
(2 094)
|
(3 109)
|
(3 235)
|
(3 252)
|
(3 223)
|
(2 744)
|
(3 644)
|
(4 000)
|
(4 106)
|
(2 792)
|
(3 982)
|
(3 989)
|
(3 939)
|
(2 661)
|
(4 373)
|
(3 675)
|
(3 732)
|
(3 573)
|
(3 641)
|
(2 799)
|
(2 744)
|
(2 727)
|
(2 052)
|
(2 785)
|
(2 200)
|
|
Selling, General & Administrative |
(2 606)
|
(2 675)
|
(3 332)
|
(3 374)
|
(3 026)
|
(3 048)
|
(3 869)
|
(3 294)
|
(3 878)
|
(3 817)
|
(2 222)
|
(2 692)
|
(2 384)
|
(1 837)
|
(1 325)
|
(1 215)
|
(1 606)
|
(2 348)
|
(2 284)
|
(2 125)
|
(2 112)
|
(2 205)
|
(2 610)
|
(3 066)
|
(3 126)
|
(2 181)
|
(3 055)
|
(3 009)
|
(2 967)
|
(1 977)
|
(2 751)
|
(2 671)
|
(2 670)
|
(2 029)
|
(2 730)
|
(2 329)
|
(2 358)
|
(2 525)
|
(1 765)
|
(2 455)
|
(1 735)
|
|
Depreciation & Amortization |
(732)
|
(723)
|
(710)
|
(711)
|
(724)
|
(730)
|
(737)
|
(756)
|
(757)
|
(748)
|
(960)
|
(729)
|
(711)
|
(2 361)
|
(2 134)
|
(2 092)
|
(395)
|
(505)
|
(485)
|
(469)
|
(453)
|
(464)
|
(613)
|
(797)
|
(834)
|
(615)
|
(924)
|
(939)
|
(931)
|
(591)
|
(857)
|
(734)
|
(789)
|
(400)
|
(825)
|
(720)
|
(635)
|
(444)
|
(413)
|
(535)
|
(460)
|
|
Other Operating Expenses |
(106)
|
(106)
|
(238)
|
(238)
|
(132)
|
(132)
|
(477)
|
(518)
|
(864)
|
(864)
|
0
|
(346)
|
(108)
|
0
|
0
|
15
|
(93)
|
(256)
|
(466)
|
(658)
|
(658)
|
(75)
|
(421)
|
(137)
|
(146)
|
4
|
(3)
|
(41)
|
(41)
|
(93)
|
(765)
|
(270)
|
(273)
|
(1 144)
|
(86)
|
250
|
249
|
242
|
126
|
205
|
(5)
|
|
Operating Income |
254
N/A
|
61
-76%
|
157
+157%
|
81
-48%
|
680
+740%
|
619
-9%
|
55
-91%
|
92
+67%
|
(1 028)
N/A
|
(1 035)
-1%
|
(452)
+56%
|
(469)
-4%
|
575
N/A
|
(1 305)
N/A
|
(1 530)
-17%
|
(1 613)
-5%
|
257
N/A
|
336
+31%
|
101
-70%
|
(72)
N/A
|
(88)
-22%
|
383
N/A
|
185
-52%
|
617
+234%
|
631
+2%
|
524
-17%
|
740
+41%
|
427
-42%
|
225
-47%
|
(172)
N/A
|
(955)
-455%
|
(848)
+11%
|
(1 074)
-27%
|
(2 128)
-98%
|
(2 504)
-18%
|
(1 870)
+25%
|
(1 532)
+18%
|
95
N/A
|
188
+98%
|
364
+94%
|
466
+28%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(140)
|
(159)
|
(182)
|
(183)
|
(201)
|
(188)
|
(170)
|
(169)
|
(180)
|
(222)
|
(210)
|
(211)
|
(165)
|
(134)
|
(116)
|
(162)
|
(167)
|
(226)
|
(229)
|
(241)
|
(255)
|
(249)
|
(333)
|
(385)
|
(369)
|
(218)
|
(340)
|
(286)
|
(271)
|
(126)
|
(205)
|
(200)
|
(179)
|
(124)
|
(207)
|
(129)
|
(169)
|
(234)
|
(230)
|
(301)
|
(107)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(210)
|
0
|
0
|
0
|
(346)
|
0
|
(9)
|
0
|
(68)
|
(328)
|
(988)
|
(987)
|
(673)
|
0
|
(2)
|
0
|
(91)
|
1
|
(1)
|
0
|
3
|
0
|
(10)
|
(29)
|
|
Total Other Income |
(3)
|
(3)
|
(5)
|
(5)
|
0
|
0
|
(5)
|
0
|
(5)
|
(5)
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
(6)
|
(6)
|
(7)
|
(7)
|
(4)
|
(4)
|
(3)
|
(5)
|
(10)
|
0
|
(2)
|
0
|
(3)
|
(3)
|
(2)
|
0
|
(4)
|
(4)
|
(20)
|
(20)
|
(26)
|
(18)
|
(4)
|
0
|
|
Pre-Tax Income |
111
N/A
|
(101)
N/A
|
(30)
+70%
|
(107)
-257%
|
477
N/A
|
429
-10%
|
(120)
N/A
|
(79)
+34%
|
(1 213)
-1 435%
|
(1 262)
-4%
|
(662)
+48%
|
(683)
-3%
|
407
N/A
|
(1 439)
N/A
|
(1 646)
-14%
|
(1 773)
-8%
|
89
N/A
|
(106)
N/A
|
(134)
-26%
|
(320)
-139%
|
(350)
-9%
|
(216)
+38%
|
(152)
+30%
|
218
N/A
|
257
+18%
|
228
-11%
|
70
-69%
|
(849)
N/A
|
(1 035)
-22%
|
(974)
+6%
|
(1 163)
-19%
|
(1 052)
+10%
|
(1 255)
-19%
|
(2 347)
-87%
|
(2 714)
-16%
|
(2 020)
+26%
|
(1 721)
+15%
|
(162)
+91%
|
(60)
+63%
|
49
N/A
|
330
+573%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(209)
|
(151)
|
(106)
|
(83)
|
(155)
|
(140)
|
(118)
|
(132)
|
(67)
|
(61)
|
(127)
|
(131)
|
(234)
|
(398)
|
(287)
|
(303)
|
(135)
|
(201)
|
(220)
|
(186)
|
(224)
|
(194)
|
(247)
|
(269)
|
(235)
|
(130)
|
(181)
|
(178)
|
(181)
|
(143)
|
(205)
|
(185)
|
(181)
|
(59)
|
(120)
|
(100)
|
(103)
|
(153)
|
(157)
|
(201)
|
(145)
|
|
Income from Continuing Operations |
(98)
|
(252)
|
(136)
|
(190)
|
322
|
289
|
(238)
|
(211)
|
(1 280)
|
(1 323)
|
(789)
|
(814)
|
173
|
(1 837)
|
(1 933)
|
(2 076)
|
(46)
|
(307)
|
(354)
|
(506)
|
(574)
|
(410)
|
(399)
|
(51)
|
22
|
98
|
(111)
|
(1 027)
|
(1 216)
|
(1 117)
|
(1 368)
|
(1 237)
|
(1 436)
|
(2 406)
|
(2 834)
|
(2 120)
|
(1 824)
|
(315)
|
(217)
|
(152)
|
185
|
|
Income to Minority Interest |
(47)
|
(42)
|
(23)
|
(18)
|
(15)
|
(7)
|
8
|
(3)
|
(6)
|
8
|
(17)
|
(8)
|
(6)
|
(21)
|
(6)
|
(12)
|
(11)
|
(21)
|
(23)
|
(35)
|
(54)
|
(62)
|
(84)
|
(97)
|
(106)
|
(86)
|
(116)
|
(99)
|
(71)
|
(19)
|
(19)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(145)
N/A
|
(294)
-103%
|
(159)
+46%
|
(208)
-31%
|
307
N/A
|
282
-8%
|
(230)
N/A
|
(214)
+7%
|
(1 286)
-501%
|
(1 308)
-2%
|
(806)
+38%
|
(822)
-2%
|
167
N/A
|
(1 865)
N/A
|
(1 939)
-4%
|
(2 088)
-8%
|
(57)
+97%
|
(328)
-475%
|
(377)
-15%
|
(541)
-44%
|
(628)
-16%
|
(472)
+25%
|
(483)
-2%
|
(148)
+69%
|
(84)
+43%
|
12
N/A
|
(227)
N/A
|
(1 126)
-396%
|
(1 287)
-14%
|
(1 136)
+12%
|
(1 387)
-22%
|
(1 281)
+8%
|
(1 492)
-16%
|
(2 467)
-65%
|
(2 907)
-18%
|
(2 160)
+26%
|
(1 826)
+15%
|
(209)
+89%
|
(111)
+47%
|
(39)
+65%
|
179
N/A
|
|
EPS (Diluted) |
-0.42
N/A
|
-0.85
-102%
|
-0.46
+46%
|
-0.6
-30%
|
0.87
N/A
|
0.8
-8%
|
-0.66
N/A
|
-0.62
+6%
|
-3.64
-487%
|
-3.74
-3%
|
-2.31
+38%
|
-0.81
+65%
|
0.39
N/A
|
-2.63
N/A
|
-1.93
+27%
|
-2.05
-6%
|
-0.06
+97%
|
-0.82
-1 267%
|
-0.38
+54%
|
-0.54
-42%
|
-0.62
-15%
|
-1.19
-92%
|
-0.48
+60%
|
-0.15
+69%
|
-0.09
+40%
|
0.03
N/A
|
-0.22
N/A
|
-1.13
-414%
|
-1.29
-14%
|
-2.88
-123%
|
-3.44
-19%
|
-3.24
+6%
|
-3.55
-10%
|
-6.58
-85%
|
-7.37
-12%
|
-1.09
+85%
|
-1.8
-65%
|
-0.22
+88%
|
-0.05
+77%
|
-0.01
+80%
|
0.09
N/A
|