Patria Investments Ltd
NASDAQ:PAX
Income Statement
Earnings Waterfall
Patria Investments Ltd
Revenue
|
318.9m
USD
|
Cost of Revenue
|
-140.9m
USD
|
Gross Profit
|
178m
USD
|
Operating Expenses
|
-51.5m
USD
|
Operating Income
|
126.5m
USD
|
Other Expenses
|
-10m
USD
|
Net Income
|
116.6m
USD
|
Income Statement
Patria Investments Ltd
Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||
Revenue |
181
N/A
|
221
+22%
|
236
+7%
|
260
+10%
|
197
-24%
|
214
+9%
|
261
+22%
|
278
+6%
|
301
+8%
|
308
+2%
|
329
+7%
|
319
-3%
|
|
Gross Profit | |||||||||||||
Cost of Revenue |
(62)
|
(78)
|
(87)
|
(102)
|
(87)
|
(97)
|
(122)
|
(129)
|
(138)
|
(140)
|
(150)
|
(141)
|
|
Gross Profit |
119
N/A
|
144
+21%
|
149
+4%
|
158
+6%
|
110
-30%
|
116
+6%
|
139
+19%
|
149
+7%
|
163
+10%
|
169
+3%
|
180
+6%
|
178
-1%
|
|
Operating Income | |||||||||||||
Operating Expenses |
(12)
|
(15)
|
(15)
|
(21)
|
(25)
|
(52)
|
(34)
|
(51)
|
(51)
|
(51)
|
(46)
|
(51)
|
|
Selling, General & Administrative |
(11)
|
(13)
|
(12)
|
(16)
|
(20)
|
(25)
|
(27)
|
(31)
|
(34)
|
(36)
|
(34)
|
(37)
|
|
Depreciation & Amortization |
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
0
|
(4)
|
0
|
0
|
(1)
|
(5)
|
0
|
|
Other Operating Expenses |
0
|
0
|
(0)
|
(1)
|
(1)
|
(27)
|
(3)
|
(20)
|
(15)
|
(13)
|
(7)
|
(14)
|
|
Operating Income |
107
N/A
|
129
+20%
|
134
+4%
|
137
+2%
|
85
-38%
|
64
-24%
|
104
+62%
|
98
-6%
|
112
+14%
|
118
+5%
|
133
+13%
|
127
-5%
|
|
Pre-Tax Income | |||||||||||||
Interest Income Expense |
(0)
|
(1)
|
(1)
|
5
|
3
|
2
|
5
|
2
|
4
|
4
|
(3)
|
(8)
|
|
Non-Reccuring Items |
(5)
|
(5)
|
(11)
|
(11)
|
(16)
|
0
|
(6)
|
0
|
0
|
(3)
|
(12)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
(0)
|
(1)
|
2
|
0
|
(1)
|
3
|
0
|
(1)
|
(1)
|
0
|
|
Pre-Tax Income |
102
N/A
|
123
+20%
|
122
-1%
|
131
+7%
|
74
-43%
|
69
-7%
|
103
+49%
|
103
+0%
|
116
+12%
|
119
+2%
|
118
-1%
|
117
-1%
|
|
Net Income | |||||||||||||
Tax Provision |
1
|
2
|
(0)
|
(4)
|
(5)
|
(8)
|
(8)
|
(7)
|
0
|
3
|
3
|
2
|
|
Income from Continuing Operations |
103
|
124
|
121
|
126
|
69
|
61
|
94
|
96
|
116
|
122
|
121
|
119
|
|
Income to Minority Interest |
1
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
|
Net Income (Common) |
103
N/A
|
125
+21%
|
123
-2%
|
126
+3%
|
69
-45%
|
60
-13%
|
93
+56%
|
94
+1%
|
114
+21%
|
120
+6%
|
118
-1%
|
117
-2%
|
|
EPS (Diluted) |
0.76
N/A
|
0.92
+21%
|
0.9
-2%
|
0.85
-6%
|
0.48
-44%
|
0.4
-17%
|
0.63
+58%
|
0.64
+2%
|
0.77
+20%
|
0.81
+5%
|
0.8
-1%
|
0.78
-3%
|