Mercer International Inc
NASDAQ:MERC
Income Statement
Earnings Waterfall
Mercer International Inc
Revenue
|
2B
USD
|
Cost of Revenue
|
-2B
USD
|
Gross Profit
|
26.7m
USD
|
Operating Expenses
|
-123.2m
USD
|
Operating Income
|
-96.4m
USD
|
Other Expenses
|
-145.6m
USD
|
Net Income
|
-242.1m
USD
|
Income Statement
Mercer International Inc
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 088
N/A
|
1 132
+4%
|
1 143
+1%
|
1 175
+3%
|
1 175
0%
|
1 127
-4%
|
1 109
-2%
|
1 078
-3%
|
1 033
-4%
|
1 029
0%
|
981
-5%
|
948
-3%
|
932
-2%
|
921
-1%
|
986
+7%
|
1 053
+7%
|
1 169
+11%
|
1 294
+11%
|
1 358
+5%
|
1 383
+2%
|
1 458
+5%
|
1 574
+8%
|
1 653
+5%
|
1 706
+3%
|
1 624
-5%
|
1 491
-8%
|
1 407
-6%
|
1 356
-4%
|
1 423
+5%
|
1 485
+4%
|
1 546
+4%
|
1 682
+9%
|
1 803
+7%
|
1 983
+10%
|
2 154
+9%
|
2 217
+3%
|
2 281
+3%
|
2 211
-3%
|
2 169
-2%
|
2 107
-3%
|
1 994
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(999)
|
(1 018)
|
(1 004)
|
(1 007)
|
(965)
|
(912)
|
(883)
|
(855)
|
(821)
|
(833)
|
(803)
|
(786)
|
(772)
|
(750)
|
(810)
|
(863)
|
(951)
|
(1 037)
|
(1 080)
|
(1 081)
|
(1 128)
|
(1 224)
|
(1 299)
|
(1 392)
|
(1 466)
|
(1 402)
|
(1 336)
|
(1 285)
|
(1 267)
|
(1 304)
|
(1 332)
|
(1 372)
|
(1 378)
|
(1 485)
|
(1 590)
|
(1 653)
|
(1 783)
|
(1 828)
|
(1 948)
|
(2 003)
|
(1 967)
|
|
Gross Profit |
89
N/A
|
115
+28%
|
139
+21%
|
168
+22%
|
210
+25%
|
215
+3%
|
226
+5%
|
223
-1%
|
212
-5%
|
197
-7%
|
178
-9%
|
162
-9%
|
160
-1%
|
171
+7%
|
176
+3%
|
190
+8%
|
218
+15%
|
258
+18%
|
278
+8%
|
302
+9%
|
329
+9%
|
350
+6%
|
355
+1%
|
313
-12%
|
158
-50%
|
89
-44%
|
71
-21%
|
71
+1%
|
157
+120%
|
181
+15%
|
214
+18%
|
310
+45%
|
426
+37%
|
498
+17%
|
564
+13%
|
564
0%
|
498
-12%
|
383
-23%
|
220
-43%
|
104
-53%
|
27
-74%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(51)
|
(56)
|
(57)
|
(50)
|
(48)
|
(46)
|
(44)
|
(49)
|
(46)
|
(47)
|
(45)
|
(43)
|
(45)
|
(42)
|
(45)
|
(48)
|
(50)
|
(54)
|
(56)
|
(58)
|
(60)
|
(64)
|
(69)
|
(72)
|
(74)
|
(79)
|
(71)
|
(69)
|
(67)
|
(70)
|
(74)
|
(78)
|
(79)
|
(81)
|
(84)
|
(89)
|
(106)
|
(118)
|
(127)
|
(132)
|
(123)
|
|
Selling, General & Administrative |
(51)
|
(50)
|
(51)
|
(49)
|
(48)
|
(49)
|
(48)
|
(49)
|
(46)
|
(47)
|
(45)
|
(43)
|
(45)
|
(43)
|
(46)
|
(48)
|
(50)
|
(54)
|
(56)
|
(58)
|
(60)
|
(64)
|
(69)
|
(72)
|
(74)
|
(75)
|
(72)
|
(69)
|
(67)
|
(70)
|
(74)
|
(78)
|
(79)
|
(81)
|
(84)
|
(89)
|
(106)
|
(118)
|
(127)
|
(132)
|
(123)
|
|
Other Operating Expenses |
0
|
(7)
|
(7)
|
0
|
0
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
38
N/A
|
58
+53%
|
81
+40%
|
119
+46%
|
162
+36%
|
170
+5%
|
181
+7%
|
174
-4%
|
166
-5%
|
150
-10%
|
133
-11%
|
119
-11%
|
115
-3%
|
129
+12%
|
131
+2%
|
143
+9%
|
169
+18%
|
203
+21%
|
222
+9%
|
244
+10%
|
270
+11%
|
285
+6%
|
286
+0%
|
241
-16%
|
84
-65%
|
10
-88%
|
(1)
N/A
|
2
N/A
|
90
+3 800%
|
111
+24%
|
140
+26%
|
232
+66%
|
347
+49%
|
418
+21%
|
480
+15%
|
475
-1%
|
392
-17%
|
265
-32%
|
94
-65%
|
(28)
N/A
|
(96)
-240%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(49)
|
(53)
|
(57)
|
(56)
|
(56)
|
(63)
|
(59)
|
(59)
|
(60)
|
(52)
|
(54)
|
(53)
|
(52)
|
(53)
|
(53)
|
(54)
|
(55)
|
(53)
|
(52)
|
(50)
|
(52)
|
(58)
|
(64)
|
(71)
|
(76)
|
(77)
|
(79)
|
(81)
|
(81)
|
(80)
|
(77)
|
(74)
|
(70)
|
(69)
|
(69)
|
(70)
|
(72)
|
(73)
|
(76)
|
(80)
|
(88)
|
|
Non-Reccuring Items |
(7)
|
0
|
0
|
29
|
3
|
0
|
0
|
(29)
|
0
|
0
|
0
|
0
|
(1)
|
(11)
|
(11)
|
(11)
|
(11)
|
(29)
|
(29)
|
(29)
|
(36)
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
(17)
|
(25)
|
(26)
|
(51)
|
(38)
|
(30)
|
(30)
|
0
|
0
|
0
|
0
|
(15)
|
(67)
|
(57)
|
(92)
|
|
Total Other Income |
1
|
1
|
1
|
(2)
|
(5)
|
(5)
|
(5)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(3)
|
(3)
|
(3)
|
1
|
0
|
0
|
0
|
(5)
|
(4)
|
(3)
|
(2)
|
6
|
3
|
4
|
15
|
6
|
15
|
10
|
3
|
14
|
16
|
27
|
30
|
24
|
19
|
14
|
10
|
7
|
|
Pre-Tax Income |
(17)
N/A
|
7
N/A
|
26
+271%
|
89
+249%
|
104
+17%
|
102
-2%
|
117
+15%
|
85
-28%
|
105
+24%
|
97
-8%
|
78
-19%
|
65
-17%
|
60
-8%
|
62
+4%
|
64
+3%
|
75
+17%
|
104
+39%
|
122
+17%
|
142
+16%
|
165
+17%
|
177
+7%
|
218
+23%
|
214
-2%
|
164
-23%
|
10
-94%
|
(64)
N/A
|
(93)
-44%
|
(88)
+5%
|
(11)
+87%
|
(4)
+60%
|
35
N/A
|
131
+272%
|
261
+99%
|
365
+40%
|
438
+20%
|
435
-1%
|
345
-21%
|
196
-43%
|
(35)
N/A
|
(155)
-342%
|
(270)
-74%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(10)
|
(14)
|
17
|
17
|
9
|
8
|
(28)
|
(29)
|
(26)
|
(28)
|
(27)
|
(25)
|
(26)
|
(26)
|
(27)
|
(3)
|
(5)
|
(5)
|
(9)
|
(49)
|
(64)
|
(66)
|
(56)
|
(19)
|
0
|
10
|
12
|
(6)
|
(3)
|
(13)
|
(48)
|
(90)
|
(111)
|
(135)
|
(133)
|
(98)
|
(69)
|
(7)
|
20
|
28
|
|
Income from Continuing Operations |
(26)
|
(3)
|
12
|
106
|
121
|
111
|
125
|
57
|
76
|
71
|
50
|
38
|
35
|
36
|
38
|
47
|
101
|
117
|
136
|
156
|
129
|
155
|
148
|
108
|
(10)
|
(65)
|
(83)
|
(77)
|
(17)
|
(8)
|
22
|
83
|
171
|
254
|
304
|
302
|
247
|
128
|
(42)
|
(135)
|
(242)
|
|
Income to Minority Interest |
(1)
|
(2)
|
(3)
|
(6)
|
(8)
|
(6)
|
(4)
|
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) |
(26)
N/A
|
(5)
+82%
|
9
N/A
|
100
+1 038%
|
113
+13%
|
106
-7%
|
122
+15%
|
57
-53%
|
76
+32%
|
71
-6%
|
50
-29%
|
38
-24%
|
35
-9%
|
36
+3%
|
38
+6%
|
47
+24%
|
71
+49%
|
86
+22%
|
105
+22%
|
125
+19%
|
129
+3%
|
155
+20%
|
148
-4%
|
108
-27%
|
(10)
N/A
|
(65)
-573%
|
(83)
-29%
|
(77)
+8%
|
(17)
+78%
|
(8)
+53%
|
22
N/A
|
83
+283%
|
171
+105%
|
254
+48%
|
304
+20%
|
302
-1%
|
247
-18%
|
128
-48%
|
(42)
N/A
|
(135)
-220%
|
(242)
-79%
|
|
EPS (Diluted) |
-0.47
N/A
|
-0.09
+81%
|
0.15
N/A
|
1.54
+927%
|
1.81
+18%
|
1.64
-9%
|
1.88
+15%
|
0.88
-53%
|
1.17
+33%
|
1.09
-7%
|
0.77
-29%
|
0.58
-25%
|
0.54
-7%
|
0.54
N/A
|
0.58
+7%
|
0.72
+24%
|
1.07
+49%
|
1.31
+22%
|
1.6
+22%
|
1.9
+19%
|
1.96
+3%
|
2.35
+20%
|
2.25
-4%
|
1.64
-27%
|
-0.15
N/A
|
-1
-567%
|
-1.26
-26%
|
-1.16
+8%
|
-0.26
+78%
|
-0.13
+50%
|
0.32
N/A
|
1.25
+291%
|
2.58
+106%
|
3.83
+48%
|
4.58
+20%
|
4.54
-1%
|
3.71
-18%
|
1.91
-49%
|
-0.64
N/A
|
-2.03
-217%
|
-3.65
-80%
|