Sbe Varvit SpA
MIL:VARV
Income Statement
Earnings Waterfall
Sbe Varvit SpA
Income Statement
Sbe Varvit SpA
| Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|
| Revenue | |||||
| Interest Expense |
1
|
1
|
0
|
0
|
|
| Revenue |
396
N/A
|
362
-8%
|
335
-7%
|
328
-2%
|
|
| Gross Profit | |||||
| Cost of Revenue |
(168)
|
(159)
|
(132)
|
(132)
|
|
| Gross Profit |
228
N/A
|
204
-11%
|
204
0%
|
196
-4%
|
|
| Operating Income | |||||
| Operating Expenses |
(165)
|
(156)
|
(159)
|
(155)
|
|
| Selling, General & Administrative |
(136)
|
(121)
|
(126)
|
(124)
|
|
| Depreciation & Amortization |
(34)
|
(38)
|
(37)
|
(36)
|
|
| Other Operating Expenses |
5
|
3
|
5
|
5
|
|
| Operating Income |
63
N/A
|
47
-25%
|
45
-5%
|
41
-9%
|
|
| Pre-Tax Income | |||||
| Interest Income Expense |
(2)
|
0
|
1
|
1
|
|
| Non-Reccuring Items |
0
|
0
|
(0)
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
61
N/A
|
48
-22%
|
46
-4%
|
42
-8%
|
|
| Net Income | |||||
| Tax Provision |
(3)
|
(1)
|
(11)
|
(11)
|
|
| Income from Continuing Operations |
58
|
47
|
35
|
31
|
|
| Income to Minority Interest |
(3)
|
(2)
|
(2)
|
(2)
|
|
| Net Income (Common) |
55
N/A
|
44
-20%
|
33
-26%
|
29
-12%
|
|
| EPS (Diluted) |
0.47
N/A
|
0.38
-19%
|
0.28
-26%
|
0.25
-11%
|
|