Tesmec SpA
MIL:TES
Income Statement
Earnings Waterfall
Tesmec SpA
Income Statement
Tesmec SpA
| Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | 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 | 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 |
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
16
|
0
|
0
|
|
| Revenue |
86
N/A
|
94
+9%
|
99
+5%
|
106
+8%
|
105
-1%
|
103
-3%
|
108
+5%
|
108
0%
|
112
+4%
|
109
-3%
|
106
-3%
|
112
+6%
|
120
+7%
|
122
+2%
|
127
+4%
|
124
-2%
|
114
-9%
|
115
+1%
|
111
-3%
|
110
-1%
|
115
+5%
|
122
+6%
|
145
+19%
|
154
+6%
|
164
+7%
|
170
+4%
|
153
-10%
|
153
0%
|
129
-16%
|
138
+7%
|
146
+6%
|
152
+4%
|
176
+15%
|
173
-2%
|
176
+2%
|
184
+5%
|
195
+6%
|
198
+2%
|
201
+2%
|
198
-1%
|
201
+1%
|
183
-9%
|
174
-5%
|
173
0%
|
171
-2%
|
188
+10%
|
197
+5%
|
198
+1%
|
194
-2%
|
201
+4%
|
211
+5%
|
224
+6%
|
245
+10%
|
247
+1%
|
257
+4%
|
265
+3%
|
236
-11%
|
254
+8%
|
251
-1%
|
247
-1%
|
240
-3%
|
242
+1%
|
244
+1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(68)
|
(57)
|
(60)
|
(63)
|
(82)
|
(60)
|
(66)
|
(67)
|
(71)
|
(68)
|
(65)
|
(68)
|
(74)
|
(76)
|
(79)
|
(78)
|
(74)
|
(76)
|
(74)
|
(73)
|
(77)
|
(81)
|
(98)
|
(105)
|
(113)
|
(114)
|
(103)
|
(102)
|
(85)
|
(92)
|
(98)
|
(100)
|
(119)
|
(115)
|
(117)
|
(127)
|
(130)
|
(135)
|
(134)
|
(130)
|
(134)
|
(120)
|
(117)
|
(118)
|
(120)
|
(132)
|
(135)
|
(133)
|
(127)
|
(130)
|
(132)
|
(139)
|
(149)
|
(146)
|
(157)
|
(163)
|
(150)
|
(164)
|
(160)
|
(158)
|
(152)
|
(153)
|
(157)
|
|
| Gross Profit |
19
N/A
|
37
+102%
|
39
+5%
|
44
+12%
|
23
-47%
|
43
+85%
|
43
0%
|
41
-4%
|
40
-1%
|
41
+2%
|
41
-1%
|
44
+7%
|
46
+5%
|
47
+2%
|
48
+4%
|
46
-5%
|
40
-14%
|
39
-2%
|
37
-5%
|
37
-1%
|
38
+3%
|
41
+9%
|
48
+15%
|
49
+2%
|
51
+5%
|
56
+9%
|
50
-10%
|
51
+1%
|
44
-14%
|
46
+5%
|
48
+4%
|
52
+9%
|
57
+9%
|
58
+2%
|
58
+1%
|
56
-3%
|
64
+14%
|
63
-3%
|
67
+6%
|
68
+3%
|
67
-2%
|
63
-6%
|
57
-9%
|
56
-3%
|
50
-9%
|
55
+10%
|
61
+11%
|
65
+5%
|
67
+4%
|
71
+6%
|
79
+11%
|
84
+7%
|
97
+15%
|
101
+4%
|
100
0%
|
102
+2%
|
86
-16%
|
90
+4%
|
91
+2%
|
90
-2%
|
87
-3%
|
89
+2%
|
86
-3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(6)
|
(24)
|
(25)
|
(29)
|
(10)
|
(33)
|
(33)
|
(30)
|
(27)
|
(28)
|
(28)
|
(29)
|
(28)
|
(29)
|
(30)
|
(29)
|
(28)
|
(29)
|
(28)
|
(29)
|
(28)
|
(31)
|
(33)
|
(36)
|
(38)
|
(43)
|
(46)
|
(46)
|
(45)
|
(50)
|
(51)
|
(55)
|
(50)
|
(51)
|
(52)
|
(52)
|
(59)
|
(60)
|
(63)
|
(63)
|
(59)
|
(58)
|
(54)
|
(51)
|
(52)
|
(53)
|
(58)
|
(61)
|
(63)
|
(66)
|
(70)
|
(74)
|
(83)
|
(89)
|
(92)
|
(89)
|
(74)
|
(77)
|
(77)
|
(78)
|
(67)
|
(68)
|
(63)
|
|
| Selling, General & Administrative |
0
|
(17)
|
(17)
|
(22)
|
(1)
|
(24)
|
(24)
|
(21)
|
(21)
|
(21)
|
(20)
|
(21)
|
(20)
|
(20)
|
(21)
|
(21)
|
(20)
|
(20)
|
(18)
|
(19)
|
(20)
|
(20)
|
(23)
|
(26)
|
(28)
|
(29)
|
(30)
|
(30)
|
(30)
|
(29)
|
(28)
|
(29)
|
(35)
|
(31)
|
(32)
|
(33)
|
(46)
|
(34)
|
(35)
|
(35)
|
(42)
|
(34)
|
(31)
|
(30)
|
(34)
|
(30)
|
(33)
|
(36)
|
(42)
|
(41)
|
(43)
|
(46)
|
(59)
|
(57)
|
(60)
|
(58)
|
(54)
|
(50)
|
(46)
|
(47)
|
(45)
|
(43)
|
(44)
|
|
| Research & Development |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
3
|
5
|
|
| Depreciation & Amortization |
(3)
|
(4)
|
(4)
|
(4)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(19)
|
(20)
|
(21)
|
(22)
|
(23)
|
(23)
|
(23)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(23)
|
(23)
|
(20)
|
(23)
|
(23)
|
(24)
|
(21)
|
(20)
|
(19)
|
|
| Other Operating Expenses |
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(3)
|
(0)
|
(0)
|
2
|
(1)
|
(4)
|
(4)
|
(3)
|
(9)
|
(9)
|
(12)
|
(1)
|
(5)
|
(5)
|
(4)
|
3
|
(11)
|
(11)
|
(10)
|
3
|
(5)
|
(2)
|
1
|
4
|
0
|
(1)
|
(3)
|
2
|
(3)
|
(4)
|
(6)
|
(1)
|
(9)
|
(9)
|
(9)
|
(0)
|
(8)
|
(7)
|
(7)
|
(1)
|
(8)
|
(5)
|
|
| Operating Income |
12
N/A
|
14
+12%
|
14
+5%
|
14
0%
|
13
-9%
|
9
-30%
|
10
+4%
|
11
+16%
|
13
+20%
|
13
-4%
|
12
-5%
|
15
+20%
|
18
+20%
|
17
-1%
|
19
+8%
|
17
-11%
|
12
-28%
|
10
-17%
|
9
-10%
|
8
-15%
|
10
+24%
|
11
+10%
|
15
+41%
|
13
-12%
|
13
+3%
|
13
-3%
|
5
-64%
|
5
+8%
|
(1)
N/A
|
(4)
-286%
|
(4)
+14%
|
(3)
+32%
|
6
N/A
|
6
+1%
|
6
0%
|
4
-32%
|
6
+31%
|
2
-58%
|
3
+47%
|
5
+47%
|
8
+60%
|
5
-40%
|
3
-36%
|
4
+34%
|
(1)
N/A
|
2
N/A
|
3
+73%
|
3
-3%
|
4
+28%
|
6
+30%
|
9
+65%
|
10
+8%
|
14
+40%
|
12
-14%
|
9
-27%
|
13
+51%
|
12
-9%
|
12
+1%
|
14
+17%
|
12
-17%
|
20
+69%
|
21
+5%
|
23
+11%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
1
|
2
|
1
|
(2)
|
0
|
(3)
|
(2)
|
(1)
|
(4)
|
(1)
|
(3)
|
(5)
|
(3)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(3)
|
(2)
|
1
|
(0)
|
(2)
|
(4)
|
(8)
|
(6)
|
(5)
|
(3)
|
(1)
|
(4)
|
(6)
|
(8)
|
(8)
|
(4)
|
(3)
|
(3)
|
(2)
|
(4)
|
(3)
|
(5)
|
(6)
|
(5)
|
(8)
|
(9)
|
(5)
|
(5)
|
(3)
|
(2)
|
(2)
|
3
|
3
|
(3)
|
(5)
|
(12)
|
(15)
|
(14)
|
(15)
|
(16)
|
(19)
|
(17)
|
(17)
|
(19)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(0)
|
(0)
|
(3)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(2)
|
0
|
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
|
|
| Total Other Income |
(1)
|
(3)
|
(4)
|
(3)
|
0
|
(2)
|
(0)
|
0
|
(1)
|
2
|
0
|
2
|
0
|
0
|
2
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
|
| Pre-Tax Income |
10
N/A
|
12
+20%
|
12
+9%
|
13
+0%
|
8
-36%
|
7
-11%
|
6
-15%
|
8
+32%
|
11
+35%
|
9
-16%
|
11
+20%
|
11
+5%
|
12
+9%
|
15
+19%
|
14
-4%
|
13
-12%
|
8
-38%
|
5
-41%
|
4
-18%
|
5
+20%
|
8
+82%
|
12
+43%
|
14
+19%
|
10
-27%
|
9
-11%
|
5
-46%
|
(1)
N/A
|
0
N/A
|
(7)
N/A
|
(6)
+17%
|
(8)
-42%
|
(8)
N/A
|
(2)
+81%
|
(1)
+15%
|
2
N/A
|
0
-80%
|
0
-16%
|
0
-91%
|
1
+2 048%
|
3
+428%
|
4
+37%
|
(1)
N/A
|
(2)
-129%
|
(4)
-67%
|
(9)
-151%
|
(3)
+67%
|
(2)
+32%
|
1
N/A
|
3
+332%
|
3
+21%
|
12
+277%
|
13
+9%
|
12
-14%
|
7
-44%
|
(3)
N/A
|
(1)
+52%
|
(1)
+1%
|
(3)
-111%
|
(2)
+41%
|
(8)
-312%
|
4
N/A
|
4
+10%
|
5
+7%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(2)
|
(1)
|
0
|
1
|
3
|
3
|
4
|
4
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(2)
|
(1)
|
(0)
|
1
|
1
|
2
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(4)
|
(5)
|
(4)
|
(3)
|
1
|
0
|
1
|
2
|
(0)
|
1
|
(4)
|
(3)
|
(2)
|
|
| Income from Continuing Operations |
7
|
9
|
9
|
9
|
5
|
5
|
4
|
5
|
7
|
6
|
7
|
7
|
8
|
10
|
10
|
8
|
4
|
2
|
2
|
2
|
5
|
8
|
10
|
6
|
7
|
4
|
(1)
|
1
|
(4)
|
(3)
|
(4)
|
(4)
|
(1)
|
(1)
|
1
|
(0)
|
0
|
(0)
|
0
|
2
|
3
|
(1)
|
(1)
|
(3)
|
(7)
|
(3)
|
(2)
|
0
|
1
|
2
|
8
|
8
|
8
|
3
|
(3)
|
(1)
|
(0)
|
(1)
|
(2)
|
(7)
|
0
|
1
|
2
|
|
| Income to Minority Interest |
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)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
|
| Net Income (Common) |
7
N/A
|
9
+18%
|
9
+5%
|
9
-1%
|
5
-42%
|
5
-11%
|
4
-18%
|
5
+30%
|
7
+33%
|
6
-16%
|
7
+19%
|
7
+6%
|
8
+17%
|
10
+18%
|
10
-2%
|
8
-14%
|
4
-46%
|
2
-51%
|
2
-28%
|
2
+56%
|
5
+101%
|
8
+53%
|
10
+29%
|
6
-33%
|
7
+7%
|
4
-41%
|
(1)
N/A
|
1
N/A
|
(4)
N/A
|
(3)
+22%
|
(4)
-44%
|
(4)
+1%
|
(1)
+67%
|
(1)
+20%
|
1
N/A
|
(0)
N/A
|
0
N/A
|
(0)
N/A
|
0
N/A
|
2
+8 835%
|
3
+95%
|
(1)
N/A
|
(1)
-44%
|
(3)
-73%
|
(7)
-167%
|
(3)
+60%
|
(2)
+31%
|
0
N/A
|
1
+6 189%
|
2
+76%
|
8
+284%
|
8
+4%
|
8
-6%
|
3
-57%
|
(3)
N/A
|
(2)
+46%
|
(3)
-82%
|
(2)
+45%
|
(3)
-64%
|
(7)
-164%
|
(5)
+27%
|
(6)
-6%
|
(3)
+52%
|
|
| EPS (Diluted) |
0.08
N/A
|
0.09
+12%
|
0.09
N/A
|
0.09
N/A
|
0.05
-44%
|
0.04
-20%
|
0.03
-25%
|
0.04
+33%
|
0.06
+50%
|
0.05
-17%
|
0.06
+20%
|
0.07
+17%
|
0.08
+14%
|
0.09
+12%
|
0.09
N/A
|
0.07
-22%
|
0.04
-43%
|
0.01
-75%
|
0
N/A
|
0.01
N/A
|
0.05
+400%
|
0.07
+40%
|
0.09
+29%
|
0.06
-33%
|
0.03
-50%
|
0.03
N/A
|
-0.01
N/A
|
0.01
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.03
N/A
|
-0.01
+67%
|
-0.01
N/A
|
0
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.02
+100%
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|