Meridian Bioscience Inc
NASDAQ:VIVO
Income Statement
Earnings Waterfall
Meridian Bioscience Inc
Revenue
|
333m
USD
|
Cost of Revenue
|
-144.7m
USD
|
Gross Profit
|
188.4m
USD
|
Operating Expenses
|
-112.8m
USD
|
Operating Income
|
75.6m
USD
|
Other Expenses
|
-33.1m
USD
|
Net Income
|
42.5m
USD
|
Income Statement
Meridian Bioscience Inc
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
178
N/A
|
178
+0%
|
183
+3%
|
189
+3%
|
188
0%
|
191
+2%
|
191
+0%
|
189
-1%
|
192
+2%
|
193
+1%
|
194
+1%
|
195
+0%
|
194
0%
|
194
0%
|
196
+1%
|
196
0%
|
196
0%
|
199
+1%
|
198
0%
|
201
+1%
|
206
+3%
|
209
+1%
|
210
+1%
|
214
+2%
|
213
0%
|
207
-3%
|
203
-2%
|
201
-1%
|
197
-2%
|
204
+4%
|
240
+18%
|
254
+6%
|
299
+18%
|
327
+9%
|
306
-7%
|
318
+4%
|
313
-1%
|
339
+8%
|
344
+1%
|
333
-3%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(65)
|
(64)
|
(66)
|
(68)
|
(68)
|
(70)
|
(71)
|
(72)
|
(74)
|
(74)
|
(74)
|
(73)
|
(70)
|
(68)
|
(68)
|
(69)
|
(71)
|
(74)
|
(75)
|
(76)
|
(79)
|
(80)
|
(81)
|
(83)
|
(82)
|
(81)
|
(82)
|
(82)
|
(82)
|
(84)
|
(93)
|
(97)
|
(109)
|
(113)
|
(111)
|
(117)
|
(125)
|
(140)
|
(144)
|
(145)
|
|
Gross Profit |
113
N/A
|
115
+1%
|
118
+3%
|
121
+3%
|
120
-1%
|
121
+1%
|
120
-1%
|
117
-2%
|
118
+1%
|
119
+1%
|
120
+1%
|
122
+1%
|
124
+2%
|
125
+1%
|
128
+2%
|
127
-1%
|
125
-2%
|
125
0%
|
123
-1%
|
124
+1%
|
127
+2%
|
128
+1%
|
129
+1%
|
131
+1%
|
131
0%
|
125
-4%
|
122
-3%
|
119
-2%
|
115
-3%
|
120
+4%
|
148
+23%
|
156
+6%
|
190
+22%
|
214
+12%
|
195
-9%
|
201
+3%
|
189
-6%
|
199
+6%
|
199
0%
|
188
-5%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(60)
|
(61)
|
(62)
|
(64)
|
(64)
|
(65)
|
(66)
|
(65)
|
(65)
|
(66)
|
(66)
|
(66)
|
(67)
|
(68)
|
(71)
|
(74)
|
(75)
|
(77)
|
(78)
|
(80)
|
(83)
|
(86)
|
(87)
|
(86)
|
(84)
|
(80)
|
(79)
|
(80)
|
(81)
|
(83)
|
(83)
|
(88)
|
(92)
|
(95)
|
(96)
|
(99)
|
(102)
|
(111)
|
(118)
|
(113)
|
|
Selling, General & Administrative |
(50)
|
(50)
|
(51)
|
(53)
|
(53)
|
(53)
|
(54)
|
(52)
|
(52)
|
(53)
|
(53)
|
(53)
|
(54)
|
(55)
|
(58)
|
(60)
|
(61)
|
(62)
|
(62)
|
(63)
|
(66)
|
(69)
|
(69)
|
(70)
|
(68)
|
(65)
|
(63)
|
(62)
|
(61)
|
(64)
|
(68)
|
(71)
|
(74)
|
(77)
|
(76)
|
(76)
|
(80)
|
(86)
|
(90)
|
(88)
|
|
Research & Development |
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
(16)
|
(16)
|
(18)
|
(19)
|
(20)
|
(22)
|
(24)
|
(25)
|
(25)
|
(25)
|
(24)
|
(24)
|
(24)
|
(24)
|
(24)
|
|
Other Operating Expenses |
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)
|
1
|
7
|
6
|
6
|
7
|
4
|
1
|
2
|
(1)
|
(5)
|
0
|
|
Operating Income |
53
N/A
|
53
+0%
|
56
+5%
|
57
+2%
|
56
-3%
|
56
+1%
|
54
-5%
|
52
-2%
|
53
+2%
|
54
+0%
|
55
+2%
|
56
+2%
|
57
+2%
|
58
+1%
|
57
-1%
|
53
-6%
|
50
-7%
|
48
-4%
|
45
-6%
|
45
0%
|
44
-1%
|
43
-4%
|
43
0%
|
45
+5%
|
46
+4%
|
45
-3%
|
43
-4%
|
39
-10%
|
34
-13%
|
37
+10%
|
65
+75%
|
68
+5%
|
98
+44%
|
119
+21%
|
98
-17%
|
102
+3%
|
86
-15%
|
88
+2%
|
81
-8%
|
76
-7%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(7)
|
(7)
|
(9)
|
(14)
|
(9)
|
(13)
|
(12)
|
(9)
|
(9)
|
(6)
|
(6)
|
(8)
|
(7)
|
(7)
|
(6)
|
(5)
|
(3)
|
(8)
|
(8)
|
(7)
|
(23)
|
(21)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
1
|
1
|
1
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(1)
|
1
|
2
|
0
|
0
|
(2)
|
(3)
|
(2)
|
(1)
|
0
|
1
|
1
|
|
Pre-Tax Income |
53
N/A
|
54
+1%
|
56
+5%
|
57
+2%
|
56
-3%
|
56
+0%
|
53
-5%
|
52
-2%
|
53
+1%
|
53
0%
|
54
+3%
|
55
+2%
|
57
+3%
|
56
-1%
|
55
-2%
|
51
-8%
|
47
-8%
|
46
-1%
|
37
-21%
|
36
0%
|
34
-5%
|
27
-20%
|
32
+17%
|
30
-5%
|
33
+9%
|
35
+6%
|
33
-6%
|
32
-5%
|
25
-20%
|
29
+14%
|
57
+100%
|
59
+4%
|
90
+51%
|
110
+23%
|
90
-18%
|
90
+0%
|
76
-16%
|
79
+5%
|
58
-28%
|
54
-6%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(19)
|
(17)
|
(17)
|
(18)
|
(18)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(18)
|
(17)
|
(16)
|
(15)
|
(15)
|
(14)
|
(11)
|
(10)
|
(8)
|
(8)
|
(9)
|
(8)
|
(7)
|
(6)
|
(7)
|
(13)
|
(13)
|
(19)
|
(23)
|
(19)
|
(19)
|
(16)
|
(17)
|
(14)
|
(12)
|
|
Income from Continuing Operations |
35
|
36
|
37
|
38
|
37
|
37
|
36
|
35
|
35
|
35
|
35
|
36
|
37
|
36
|
35
|
32
|
30
|
30
|
21
|
22
|
21
|
17
|
23
|
22
|
25
|
27
|
25
|
24
|
19
|
21
|
44
|
46
|
70
|
87
|
71
|
71
|
60
|
62
|
43
|
42
|
|
Net Income (Common) |
35
N/A
|
36
+2%
|
37
+4%
|
38
+2%
|
37
-3%
|
37
+0%
|
36
-4%
|
35
-3%
|
35
+1%
|
35
-1%
|
35
+1%
|
36
+1%
|
37
+3%
|
36
-3%
|
35
-1%
|
32
-8%
|
30
-8%
|
30
+1%
|
21
-29%
|
22
+1%
|
22
+0%
|
18
-19%
|
24
+38%
|
24
-1%
|
26
+8%
|
27
+7%
|
26
-6%
|
24
-5%
|
19
-22%
|
21
+12%
|
44
+105%
|
46
+5%
|
70
+52%
|
87
+24%
|
71
-18%
|
71
+0%
|
60
-16%
|
62
+4%
|
43
-30%
|
42
-2%
|
|
EPS (Diluted) |
0.84
N/A
|
0.86
+2%
|
0.89
+3%
|
0.91
+2%
|
0.88
-3%
|
0.88
N/A
|
0.85
-3%
|
0.83
-2%
|
0.84
+1%
|
0.83
-1%
|
0.84
+1%
|
0.85
+1%
|
0.86
+1%
|
0.84
-2%
|
0.83
-1%
|
0.76
-8%
|
0.7
-8%
|
0.7
N/A
|
0.5
-29%
|
0.51
+2%
|
0.51
N/A
|
0.41
-20%
|
0.56
+37%
|
0.56
N/A
|
0.6
+7%
|
0.64
+7%
|
0.6
-6%
|
0.57
-5%
|
0.44
-23%
|
0.5
+14%
|
1.01
+102%
|
1.06
+5%
|
1.6
+51%
|
1.97
+23%
|
1.62
-18%
|
1.62
N/A
|
1.36
-16%
|
1.41
+4%
|
1
-29%
|
0.95
-5%
|