Tessellis SpA
MIL:TSL
Income Statement
Earnings Waterfall
Tessellis SpA
Income Statement
Tessellis SpA
| Dec-2002 | Jun-2003 | Dec-2003 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
88
|
62
|
73
|
0
|
0
|
50
|
0
|
0
|
0
|
29
|
0
|
0
|
31
|
0
|
0
|
0
|
77
|
0
|
0
|
58
|
0
|
0
|
0
|
44
|
0
|
0
|
0
|
11
|
0
|
0
|
9
|
0
|
0
|
0
|
7
|
0
|
9
|
0
|
10
|
0
|
13
|
5
|
8
|
6
|
6
|
5
|
5
|
7
|
6
|
6
|
6
|
5
|
6
|
5
|
0
|
2
|
5
|
4
|
0
|
0
|
|
| Revenue |
748
N/A
|
810
+8%
|
898
+11%
|
790
-12%
|
952
+21%
|
664
-30%
|
839
+26%
|
700
-17%
|
923
+32%
|
532
-42%
|
852
+60%
|
636
-25%
|
682
+7%
|
877
+28%
|
759
-13%
|
1 210
+59%
|
888
-27%
|
1 054
+19%
|
516
-51%
|
330
-36%
|
404
+22%
|
316
-22%
|
304
-4%
|
290
-5%
|
285
-2%
|
279
-2%
|
276
-1%
|
278
+1%
|
278
0%
|
274
-1%
|
268
-2%
|
327
+22%
|
246
-25%
|
238
-3%
|
234
-2%
|
230
-2%
|
223
-3%
|
216
-3%
|
213
-1%
|
210
-1%
|
193
-8%
|
186
-4%
|
197
+6%
|
199
+1%
|
201
+1%
|
186
-8%
|
165
-11%
|
143
-13%
|
143
0%
|
145
+2%
|
144
-1%
|
144
+0%
|
144
0%
|
135
-6%
|
100
-26%
|
154
+54%
|
231
+50%
|
222
-4%
|
217
-2%
|
209
-4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(26)
|
(25)
|
(32)
|
(244)
|
(346)
|
(446)
|
(564)
|
(459)
|
(635)
|
(388)
|
(624)
|
(470)
|
(498)
|
(642)
|
(545)
|
(862)
|
(633)
|
(745)
|
(347)
|
(196)
|
(239)
|
(165)
|
(160)
|
(159)
|
(157)
|
(161)
|
(166)
|
(170)
|
(176)
|
(171)
|
(43)
|
(203)
|
(149)
|
(141)
|
(38)
|
(85)
|
(35)
|
(36)
|
(41)
|
(41)
|
(38)
|
(37)
|
(44)
|
(49)
|
(48)
|
(39)
|
(35)
|
(25)
|
(23)
|
(22)
|
(20)
|
(21)
|
(21)
|
(19)
|
(9)
|
(7)
|
(16)
|
(17)
|
(22)
|
(21)
|
|
| Gross Profit |
722
N/A
|
785
+9%
|
866
+10%
|
546
-37%
|
605
+11%
|
218
-64%
|
275
+26%
|
241
-12%
|
288
+19%
|
144
-50%
|
228
+58%
|
166
-27%
|
184
+11%
|
234
+27%
|
214
-9%
|
349
+63%
|
255
-27%
|
309
+21%
|
169
-45%
|
135
-21%
|
165
+22%
|
151
-8%
|
145
-4%
|
131
-9%
|
128
-2%
|
119
-7%
|
110
-8%
|
109
-1%
|
102
-6%
|
103
+1%
|
224
+117%
|
124
-45%
|
98
-22%
|
97
-1%
|
196
+102%
|
145
-26%
|
188
+30%
|
180
-4%
|
172
-4%
|
169
-2%
|
155
-8%
|
149
-4%
|
153
+2%
|
149
-2%
|
153
+2%
|
146
-5%
|
130
-11%
|
118
-9%
|
120
+1%
|
123
+3%
|
124
+1%
|
124
0%
|
123
0%
|
116
-6%
|
91
-21%
|
147
+61%
|
215
+46%
|
205
-5%
|
195
-5%
|
187
-4%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1 099)
|
(920)
|
(1 079)
|
(686)
|
(749)
|
(270)
|
(347)
|
(268)
|
(335)
|
(172)
|
(281)
|
(205)
|
(229)
|
(292)
|
(251)
|
(401)
|
(290)
|
(356)
|
(182)
|
(122)
|
(161)
|
(125)
|
(123)
|
(108)
|
(103)
|
(104)
|
(102)
|
(109)
|
(114)
|
(115)
|
(243)
|
(139)
|
(103)
|
(99)
|
(194)
|
(142)
|
(176)
|
(173)
|
(170)
|
(162)
|
(154)
|
(167)
|
(175)
|
(171)
|
(172)
|
(173)
|
(158)
|
(135)
|
(136)
|
(146)
|
(136)
|
(133)
|
(140)
|
(132)
|
(123)
|
(191)
|
(263)
|
(250)
|
(241)
|
(232)
|
|
| Selling, General & Administrative |
(717)
|
(753)
|
(834)
|
(479)
|
(508)
|
(106)
|
(134)
|
(108)
|
(135)
|
(67)
|
(112)
|
(77)
|
(93)
|
(118)
|
(102)
|
(171)
|
(117)
|
(168)
|
(92)
|
(71)
|
(86)
|
(64)
|
(64)
|
(58)
|
(57)
|
(60)
|
(61)
|
(66)
|
(70)
|
(70)
|
(200)
|
(86)
|
(67)
|
(64)
|
(156)
|
(102)
|
(143)
|
(139)
|
(137)
|
(148)
|
(141)
|
(131)
|
(131)
|
(127)
|
(128)
|
(126)
|
(113)
|
(108)
|
(109)
|
(107)
|
(106)
|
(102)
|
(107)
|
(110)
|
(83)
|
(121)
|
(183)
|
(177)
|
(171)
|
(168)
|
|
| Depreciation & Amortization |
(371)
|
(264)
|
(227)
|
(180)
|
(208)
|
(129)
|
(174)
|
(137)
|
(177)
|
(97)
|
(155)
|
(119)
|
(130)
|
(166)
|
(144)
|
(223)
|
(155)
|
(180)
|
(82)
|
(53)
|
(66)
|
(53)
|
(51)
|
(47)
|
(44)
|
(43)
|
(43)
|
(48)
|
(53)
|
(55)
|
(55)
|
(65)
|
(48)
|
(45)
|
(43)
|
(42)
|
(40)
|
(38)
|
(36)
|
(36)
|
(35)
|
(43)
|
(50)
|
(49)
|
(48)
|
(50)
|
(47)
|
(42)
|
(42)
|
(41)
|
(41)
|
(43)
|
(43)
|
(45)
|
(41)
|
(60)
|
(82)
|
(75)
|
(70)
|
(63)
|
|
| Other Operating Expenses |
(11)
|
96
|
(18)
|
(28)
|
(33)
|
(34)
|
(39)
|
(24)
|
(23)
|
(8)
|
(14)
|
(9)
|
(6)
|
(8)
|
(5)
|
(7)
|
(18)
|
(8)
|
(8)
|
2
|
(10)
|
(9)
|
(8)
|
(4)
|
(2)
|
(1)
|
2
|
5
|
9
|
9
|
11
|
12
|
11
|
9
|
5
|
2
|
7
|
5
|
4
|
22
|
23
|
6
|
6
|
5
|
4
|
4
|
3
|
15
|
15
|
1
|
11
|
12
|
10
|
23
|
1
|
(10)
|
2
|
2
|
1
|
(0)
|
|
| Operating Income |
(377)
N/A
|
(135)
+64%
|
(212)
-57%
|
(140)
+34%
|
(144)
-2%
|
(52)
+64%
|
(72)
-39%
|
(27)
+63%
|
(47)
-77%
|
(28)
+42%
|
(53)
-93%
|
(39)
+26%
|
(45)
-16%
|
(58)
-28%
|
(37)
+36%
|
(53)
-42%
|
(35)
+34%
|
(47)
-34%
|
(13)
+73%
|
13
N/A
|
3
-76%
|
26
+726%
|
22
-16%
|
23
+7%
|
25
+8%
|
15
-40%
|
7
-50%
|
0
N/A
|
(12)
N/A
|
(12)
-3%
|
(19)
-57%
|
(15)
+22%
|
(6)
+60%
|
(2)
+65%
|
2
N/A
|
3
+107%
|
13
+310%
|
7
-43%
|
2
-67%
|
8
+213%
|
1
-85%
|
(19)
N/A
|
(22)
-21%
|
(21)
+6%
|
(19)
+10%
|
(27)
-40%
|
(27)
-3%
|
(16)
+40%
|
(17)
-1%
|
(23)
-38%
|
(12)
+47%
|
(9)
+28%
|
(17)
-92%
|
(16)
+4%
|
(31)
-91%
|
(44)
-40%
|
(47)
-8%
|
(45)
+5%
|
(46)
-3%
|
(45)
+3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
10
|
19
|
(21)
|
(10)
|
(10)
|
(32)
|
1
|
(0)
|
(1)
|
(22)
|
(9)
|
(24)
|
(31)
|
(26)
|
(17)
|
(1)
|
(73)
|
(29)
|
(28)
|
(55)
|
(29)
|
0
|
(0)
|
(44)
|
0
|
0
|
0
|
(11)
|
(8)
|
(11)
|
(9)
|
(19)
|
(14)
|
(13)
|
(7)
|
(10)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(11)
|
(8)
|
(6)
|
(6)
|
(5)
|
(5)
|
(7)
|
(7)
|
(6)
|
(7)
|
(5)
|
(6)
|
(2)
|
(2)
|
(3)
|
(5)
|
(5)
|
(5)
|
(5)
|
|
| Non-Reccuring Items |
(224)
|
(210)
|
(63)
|
(70)
|
(75)
|
(69)
|
(63)
|
(74)
|
(89)
|
(28)
|
(33)
|
16
|
32
|
28
|
26
|
(13)
|
(40)
|
(28)
|
(18)
|
(27)
|
(16)
|
(29)
|
(38)
|
(12)
|
(11)
|
(10)
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(5)
|
(3)
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
(6)
|
(9)
|
(4)
|
(0)
|
(7)
|
(9)
|
(2)
|
0
|
(2)
|
(2)
|
4
|
(3)
|
1
|
2
|
(7)
|
(7)
|
(2)
|
(4)
|
|
| Total Other Income |
0
|
0
|
0
|
(21)
|
(29)
|
(4)
|
(46)
|
(35)
|
(47)
|
(4)
|
(28)
|
(5)
|
(22)
|
(53)
|
(70)
|
(134)
|
(17)
|
(94)
|
(59)
|
(34)
|
(80)
|
(97)
|
(80)
|
30
|
2
|
18
|
25
|
(4)
|
(6)
|
(4)
|
(7)
|
0
|
0
|
0
|
(6)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(3)
|
(14)
|
(14)
|
(6)
|
6
|
9
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(4)
|
(5)
|
(4)
|
|
| Pre-Tax Income |
(590)
N/A
|
(326)
+45%
|
(296)
+9%
|
(242)
+18%
|
(258)
-7%
|
(157)
+39%
|
(180)
-15%
|
(136)
+25%
|
(184)
-36%
|
(82)
+55%
|
(123)
-50%
|
(53)
+57%
|
(66)
-24%
|
(109)
-66%
|
(99)
+9%
|
(202)
-105%
|
(166)
+18%
|
(197)
-19%
|
(118)
+40%
|
(103)
+13%
|
(121)
-18%
|
(100)
+17%
|
(96)
+4%
|
(3)
+97%
|
15
N/A
|
22
+45%
|
32
+43%
|
(16)
N/A
|
(29)
-78%
|
(30)
-5%
|
(36)
-21%
|
(36)
+2%
|
(21)
+40%
|
(17)
+22%
|
(13)
+20%
|
(15)
-9%
|
(4)
+73%
|
(6)
-64%
|
(16)
-150%
|
(13)
+21%
|
(19)
-48%
|
(36)
-93%
|
(38)
-6%
|
(39)
-4%
|
(42)
-7%
|
(46)
-9%
|
(45)
+2%
|
(26)
+43%
|
(16)
+37%
|
(29)
-77%
|
(22)
+24%
|
(18)
+18%
|
(20)
-12%
|
(25)
-21%
|
(35)
-42%
|
(45)
-29%
|
(62)
-39%
|
(61)
+1%
|
(59)
+5%
|
(59)
0%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(3)
|
(3)
|
50
|
51
|
50
|
111
|
111
|
65
|
21
|
(25)
|
(26)
|
19
|
6
|
6
|
5
|
3
|
18
|
17
|
18
|
(25)
|
(26)
|
(36)
|
(35)
|
(12)
|
(12)
|
(1)
|
(1)
|
(4)
|
(5)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(3)
|
(3)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
26
|
(0)
|
(26)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
1
|
1
|
|
| Income from Continuing Operations |
(593)
|
(329)
|
(246)
|
(191)
|
(208)
|
(47)
|
(70)
|
(71)
|
(164)
|
(107)
|
(149)
|
(34)
|
(60)
|
(103)
|
(94)
|
(199)
|
(148)
|
(180)
|
(101)
|
(128)
|
(146)
|
(136)
|
(131)
|
(15)
|
4
|
21
|
31
|
(20)
|
(33)
|
(34)
|
(38)
|
(38)
|
(23)
|
(18)
|
(16)
|
(17)
|
(5)
|
(7)
|
(16)
|
(13)
|
(19)
|
(36)
|
(38)
|
(39)
|
(42)
|
(20)
|
(45)
|
(52)
|
(17)
|
(29)
|
(22)
|
(18)
|
(21)
|
(25)
|
(35)
|
(45)
|
(62)
|
(62)
|
(58)
|
(58)
|
|
| Income to Minority Interest |
(0)
|
10
|
4
|
0
|
0
|
2
|
2
|
2
|
2
|
(0)
|
(0)
|
(0)
|
6
|
8
|
9
|
14
|
10
|
16
|
17
|
28
|
29
|
25
|
19
|
2
|
2
|
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) |
(593)
N/A
|
(319)
+46%
|
(242)
+24%
|
(237)
+2%
|
(262)
-10%
|
(132)
+50%
|
(146)
-10%
|
6
N/A
|
30
+361%
|
(13)
N/A
|
(87)
-575%
|
(79)
+10%
|
(131)
-66%
|
(173)
-33%
|
(34)
+80%
|
(45)
-32%
|
(65)
-46%
|
(123)
-88%
|
(160)
-30%
|
(243)
-52%
|
(260)
-7%
|
(588)
-126%
|
(563)
+4%
|
(385)
+32%
|
(368)
+4%
|
5
N/A
|
18
+235%
|
(24)
N/A
|
(29)
-20%
|
(34)
-17%
|
(38)
-12%
|
(38)
+1%
|
(23)
+39%
|
(18)
+20%
|
(16)
+14%
|
(17)
-9%
|
(5)
+72%
|
(7)
-44%
|
(16)
-138%
|
(13)
+23%
|
(19)
-46%
|
(34)
-84%
|
(45)
-32%
|
(3)
+94%
|
1
N/A
|
(20)
N/A
|
83
N/A
|
76
-8%
|
(17)
N/A
|
(29)
-77%
|
(22)
+24%
|
(18)
+18%
|
(21)
-13%
|
(25)
-20%
|
(35)
-40%
|
(45)
-30%
|
(62)
-39%
|
(62)
+1%
|
(58)
+6%
|
(58)
0%
|
|
| EPS (Diluted) |
-84.72
N/A
|
-44.9
+47%
|
-33.66
+25%
|
-32.45
+4%
|
-35.84
-10%
|
-18.05
+50%
|
-19.14
-6%
|
0.82
N/A
|
3.83
+367%
|
-1.53
N/A
|
-11.31
-639%
|
-10.2
+10%
|
-15.92
-56%
|
-21.1
-33%
|
-4.13
+80%
|
-5.43
-31%
|
-8.59
-58%
|
-12.25
-43%
|
-13.87
-13%
|
-24.76
-79%
|
-24.28
+2%
|
-54.99
-126%
|
-52.6
+4%
|
-31.54
+40%
|
-30.16
+4%
|
0.44
N/A
|
1.48
+236%
|
-1.3
N/A
|
-1.56
-20%
|
-1.82
-17%
|
-2.05
-13%
|
-2.04
+0%
|
-1.24
+39%
|
-0.98
+21%
|
-0.85
+13%
|
-0.92
-8%
|
-0.26
+72%
|
-0.37
-42%
|
-0.88
-138%
|
-0.68
+23%
|
-1.01
-49%
|
-1.36
-35%
|
-1.42
-4%
|
-0.08
+94%
|
0.02
N/A
|
-0.51
N/A
|
2.09
N/A
|
1.91
-9%
|
-0.37
N/A
|
-0.64
-73%
|
-0.46
+28%
|
-0.35
+24%
|
-0.38
-9%
|
-0.35
+8%
|
-0.2
+43%
|
-0.25
-25%
|
-0.31
-24%
|
-0.27
+13%
|
-0.24
+11%
|
-0.22
+8%
|
|