Natuzzi SpA
NYSE:NTZ
Income Statement
Earnings Waterfall
Natuzzi SpA
Revenue
|
328.6m
EUR
|
Cost of Revenue
|
-215.8m
EUR
|
Gross Profit
|
112.8m
EUR
|
Operating Expenses
|
-122.3m
EUR
|
Operating Income
|
-9.5m
EUR
|
Other Expenses
|
-6.6m
EUR
|
Net Income
|
-16.1m
EUR
|
Income Statement
Natuzzi SpA
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 |
449
N/A
|
437
-3%
|
435
0%
|
444
+2%
|
461
+4%
|
486
+5%
|
492
+1%
|
495
+1%
|
489
-1%
|
487
0%
|
477
-2%
|
464
-3%
|
457
-2%
|
452
-1%
|
460
+2%
|
454
-1%
|
449
-1%
|
450
+0%
|
437
-3%
|
433
-1%
|
429
-1%
|
418
-2%
|
405
-3%
|
402
-1%
|
387
-4%
|
363
-6%
|
333
-8%
|
329
-1%
|
328
0%
|
347
+6%
|
394
+13%
|
412
+4%
|
427
+4%
|
444
+4%
|
453
+2%
|
468
+3%
|
469
+0%
|
436
-7%
|
403
-8%
|
361
-10%
|
329
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(317)
|
(309)
|
(312)
|
(320)
|
(333)
|
(349)
|
(348)
|
(345)
|
(331)
|
(323)
|
(313)
|
(303)
|
(300)
|
(296)
|
(301)
|
(301)
|
(318)
|
(327)
|
(324)
|
(324)
|
(308)
|
(299)
|
(291)
|
(287)
|
(272)
|
(252)
|
(231)
|
(225)
|
(226)
|
(236)
|
(260)
|
(268)
|
(275)
|
(287)
|
(298)
|
(305)
|
(306)
|
(282)
|
(255)
|
(230)
|
(216)
|
|
Gross Profit |
132
N/A
|
128
-3%
|
123
-4%
|
124
+0%
|
128
+4%
|
136
+6%
|
144
+6%
|
150
+5%
|
158
+5%
|
163
+3%
|
164
+1%
|
162
-2%
|
157
-3%
|
156
0%
|
160
+2%
|
154
-4%
|
131
-15%
|
123
-6%
|
113
-8%
|
108
-4%
|
120
+11%
|
119
-1%
|
114
-5%
|
115
+1%
|
115
+0%
|
111
-3%
|
102
-9%
|
104
+2%
|
102
-2%
|
112
+10%
|
135
+21%
|
144
+7%
|
153
+6%
|
158
+3%
|
155
-2%
|
162
+5%
|
163
+0%
|
154
-5%
|
148
-4%
|
131
-12%
|
113
-14%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(164)
|
(163)
|
(175)
|
(182)
|
(165)
|
(169)
|
(170)
|
(171)
|
(166)
|
(165)
|
(162)
|
(159)
|
(157)
|
(159)
|
(164)
|
(166)
|
(154)
|
(140)
|
(132)
|
(137)
|
(146)
|
(69)
|
(67)
|
(143)
|
(138)
|
(136)
|
(126)
|
(120)
|
(112)
|
(114)
|
(128)
|
(137)
|
(146)
|
(154)
|
(152)
|
(155)
|
(156)
|
(148)
|
(143)
|
(131)
|
(122)
|
|
Selling, General & Administrative |
(158)
|
(157)
|
(170)
|
(178)
|
(161)
|
(166)
|
(167)
|
(168)
|
(162)
|
(161)
|
(159)
|
(155)
|
(154)
|
(155)
|
(161)
|
(162)
|
(156)
|
(153)
|
(148)
|
(146)
|
(151)
|
(150)
|
(146)
|
(147)
|
(142)
|
(140)
|
(129)
|
(123)
|
(100)
|
(117)
|
(132)
|
(142)
|
(139)
|
(160)
|
(158)
|
(161)
|
(147)
|
(153)
|
(149)
|
(137)
|
(129)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(5)
|
(4)
|
(5)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
1
|
13
|
17
|
9
|
5
|
81
|
79
|
4
|
4
|
4
|
3
|
3
|
2
|
3
|
4
|
5
|
6
|
6
|
6
|
6
|
5
|
5
|
6
|
6
|
7
|
|
Operating Income |
(32)
N/A
|
(35)
-7%
|
(52)
-49%
|
(58)
-12%
|
(37)
+36%
|
(33)
+12%
|
(26)
+20%
|
(20)
+23%
|
(8)
+62%
|
(1)
+82%
|
2
N/A
|
3
+45%
|
(0)
N/A
|
(2)
-500%
|
(5)
-88%
|
(12)
-171%
|
(24)
-97%
|
(17)
+29%
|
(19)
-11%
|
(28)
-48%
|
(25)
+10%
|
50
N/A
|
47
-6%
|
(28)
N/A
|
(23)
+20%
|
(25)
-9%
|
(25)
+0%
|
(16)
+34%
|
(10)
+37%
|
(2)
+76%
|
7
N/A
|
7
N/A
|
6
-9%
|
3
-45%
|
3
-12%
|
7
+143%
|
7
N/A
|
6
-16%
|
5
-18%
|
(0)
N/A
|
(10)
-2 275%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(5)
|
(2)
|
(0)
|
(4)
|
(7)
|
(6)
|
(7)
|
(4)
|
(5)
|
(6)
|
(7)
|
(2)
|
(1)
|
(3)
|
(2)
|
(4)
|
(5)
|
(7)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(9)
|
(10)
|
(9)
|
(9)
|
(10)
|
(8)
|
(8)
|
(7)
|
(1)
|
1
|
(1)
|
4
|
(5)
|
(8)
|
(6)
|
(10)
|
(6)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(9)
|
(9)
|
0
|
0
|
0
|
85
|
75
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
5
|
5
|
5
|
4
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(28)
|
(29)
|
(17)
|
(3)
|
(6)
|
(8)
|
(5)
|
(5)
|
(4)
|
0
|
0
|
(0)
|
0
|
0
|
1
|
3
|
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
|
|
Pre-Tax Income |
(64)
N/A
|
(68)
-7%
|
(71)
-4%
|
(62)
+13%
|
(48)
+23%
|
(48)
-1%
|
(37)
+24%
|
(32)
+13%
|
(16)
+50%
|
(6)
+61%
|
(4)
+42%
|
(4)
-3%
|
(2)
+41%
|
(13)
-482%
|
(16)
-22%
|
(20)
-29%
|
(28)
-39%
|
(22)
+20%
|
(26)
-16%
|
48
N/A
|
41
-15%
|
41
+1%
|
38
-7%
|
(38)
N/A
|
(31)
+17%
|
(35)
-11%
|
(34)
+3%
|
(25)
+25%
|
(21)
+18%
|
(6)
+70%
|
4
N/A
|
5
+33%
|
9
+83%
|
4
-56%
|
3
-36%
|
11
+352%
|
4
-68%
|
(1)
N/A
|
(1)
+43%
|
(10)
-1 163%
|
(15)
-50%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(4)
|
(5)
|
(5)
|
(3)
|
(3)
|
(4)
|
(7)
|
(7)
|
(7)
|
(6)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Income from Continuing Operations |
(68)
|
(72)
|
(73)
|
(64)
|
(49)
|
(49)
|
(38)
|
(34)
|
(17)
|
(7)
|
(4)
|
(5)
|
(7)
|
(17)
|
(20)
|
(26)
|
(31)
|
(25)
|
(30)
|
41
|
33
|
34
|
32
|
(39)
|
(34)
|
(37)
|
(36)
|
(28)
|
(25)
|
(11)
|
(2)
|
(1)
|
4
|
(0)
|
(1)
|
9
|
1
|
(3)
|
(3)
|
(12)
|
(16)
|
|
Income to Minority Interest |
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
|
Net Income (Common) |
(69)
N/A
|
(72)
-5%
|
(73)
-1%
|
(64)
+13%
|
(49)
+22%
|
(50)
0%
|
(38)
+23%
|
(34)
+11%
|
(17)
+51%
|
(7)
+58%
|
(4)
+39%
|
(5)
-9%
|
(6)
-30%
|
(17)
-170%
|
(20)
-19%
|
(25)
-27%
|
(30)
-21%
|
(25)
+17%
|
(30)
-18%
|
41
N/A
|
33
-18%
|
34
+2%
|
32
-6%
|
(39)
N/A
|
(33)
+14%
|
(37)
-9%
|
(35)
+4%
|
(28)
+21%
|
(25)
+10%
|
(11)
+56%
|
(2)
+79%
|
(2)
+26%
|
4
N/A
|
(1)
N/A
|
(2)
-50%
|
7
N/A
|
(1)
N/A
|
(5)
-860%
|
(4)
+13%
|
(12)
-193%
|
(16)
-31%
|
|
EPS (Diluted) |
-6.24
N/A
|
-6.57
-5%
|
-6.63
-1%
|
-5.79
+13%
|
-4.5
+22%
|
-4.5
N/A
|
-3.47
+23%
|
-3.08
+11%
|
-1.5
+51%
|
-0.63
+58%
|
-0.38
+40%
|
-0.42
-11%
|
-0.56
-33%
|
-0.3
+46%
|
-0.35
-17%
|
-0.45
-29%
|
-0.55
-22%
|
-0.46
+16%
|
-0.55
-20%
|
0.74
N/A
|
0.61
-18%
|
0.59
-3%
|
0.6
+2%
|
-0.7
N/A
|
-0.61
+13%
|
-0.67
-10%
|
-0.64
+4%
|
-0.51
+20%
|
-0.45
+12%
|
-0.2
+56%
|
-0.05
+75%
|
-0.04
+20%
|
0.07
N/A
|
-0.04
N/A
|
-0.05
-25%
|
0.12
N/A
|
-0.01
N/A
|
-0.08
-700%
|
-0.07
+13%
|
-0.22
-214%
|
-0.29
-32%
|