Ci&T Inc
NYSE:CINT
Income Statement
Earnings Waterfall
Ci&T Inc
Revenue
|
2.2B
BRL
|
Cost of Revenue
|
-1.5B
BRL
|
Gross Profit
|
745.7m
BRL
|
Operating Expenses
|
-458.7m
BRL
|
Operating Income
|
287m
BRL
|
Other Expenses
|
-154.5m
BRL
|
Net Income
|
132.6m
BRL
|
Income Statement
Ci&T Inc
Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
Revenue |
1 850
N/A
|
2 033
+10%
|
2 188
+8%
|
2 306
+5%
|
2 353
+2%
|
3 505
+49%
|
2 233
-36%
|
|
Gross Profit | ||||||||
Cost of Revenue |
(1 212)
|
(1 329)
|
(1 425)
|
(1 504)
|
(1 537)
|
(2 312)
|
(1 488)
|
|
Gross Profit |
638
N/A
|
704
+10%
|
763
+8%
|
802
+5%
|
816
+2%
|
1 192
+46%
|
746
-37%
|
|
Operating Income | ||||||||
Operating Expenses |
(396)
|
(439)
|
(477)
|
(504)
|
(502)
|
(709)
|
(459)
|
|
Selling, General & Administrative |
(368)
|
(433)
|
(480)
|
(497)
|
(496)
|
(708)
|
(464)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(28)
|
(6)
|
3
|
(8)
|
(5)
|
(0)
|
5
|
|
Operating Income |
242
N/A
|
265
+10%
|
286
+8%
|
298
+4%
|
314
+6%
|
484
+54%
|
287
-41%
|
|
Pre-Tax Income | ||||||||
Interest Income Expense |
(48)
|
(29)
|
(49)
|
(57)
|
(66)
|
(122)
|
(76)
|
|
Non-Reccuring Items |
(1)
|
1
|
(12)
|
(1)
|
(1)
|
(4)
|
(2)
|
|
Total Other Income |
(16)
|
(21)
|
(25)
|
(20)
|
(12)
|
(8)
|
0
|
|
Pre-Tax Income |
176
N/A
|
216
+23%
|
200
-7%
|
220
+10%
|
235
+7%
|
350
+49%
|
209
-40%
|
|
Net Income | ||||||||
Tax Provision |
(79)
|
(77)
|
(74)
|
(71)
|
(64)
|
(110)
|
(77)
|
|
Income from Continuing Operations |
97
|
140
|
126
|
149
|
171
|
240
|
133
|
|
Net Income (Common) |
97
N/A
|
140
+44%
|
126
-10%
|
149
+18%
|
171
+15%
|
240
+40%
|
133
-45%
|
|
EPS (Diluted) |
0.73
N/A
|
1.05
+44%
|
0.93
-11%
|
1.09
+17%
|
1.24
+14%
|
1.73
+40%
|
0.95
-45%
|