Masoval AS
OSE:MAS
Income Statement
Earnings Waterfall
Masoval AS
Revenue
|
2B
NOK
|
Cost of Revenue
|
-932.7m
NOK
|
Gross Profit
|
1B
NOK
|
Operating Expenses
|
-653.4m
NOK
|
Operating Income
|
388m
NOK
|
Other Expenses
|
-440.8m
NOK
|
Net Income
|
-52.8m
NOK
|
Income Statement
Masoval AS
Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||
Revenue |
787
N/A
|
690
-12%
|
906
+31%
|
1 092
+21%
|
1 277
+17%
|
1 977
+55%
|
1 886
-5%
|
1 899
+1%
|
1 840
-3%
|
1 710
-7%
|
1 974
+15%
|
|
Gross Profit | ||||||||||||
Cost of Revenue |
(397)
|
(380)
|
(511)
|
(580)
|
(623)
|
(826)
|
(727)
|
(691)
|
(665)
|
(759)
|
(933)
|
|
Gross Profit |
389
N/A
|
309
-21%
|
395
+28%
|
512
+30%
|
654
+28%
|
1 151
+76%
|
1 159
+1%
|
1 208
+4%
|
1 175
-3%
|
951
-19%
|
1 041
+10%
|
|
Operating Income | ||||||||||||
Operating Expenses |
(237)
|
(216)
|
(227)
|
(227)
|
(300)
|
(364)
|
(429)
|
(523)
|
(543)
|
(609)
|
(653)
|
|
Selling, General & Administrative |
(114)
|
(121)
|
(134)
|
(141)
|
(161)
|
(177)
|
(192)
|
(197)
|
(209)
|
(222)
|
(229)
|
|
Depreciation & Amortization |
(58)
|
(69)
|
(82)
|
(105)
|
(123)
|
(141)
|
(156)
|
(166)
|
(175)
|
(182)
|
(189)
|
|
Other Operating Expenses |
(65)
|
(27)
|
(11)
|
19
|
(15)
|
(46)
|
(81)
|
(160)
|
(159)
|
(205)
|
(235)
|
|
Operating Income |
153
N/A
|
93
-39%
|
167
+80%
|
286
+71%
|
354
+24%
|
787
+122%
|
730
-7%
|
685
-6%
|
632
-8%
|
342
-46%
|
388
+13%
|
|
Pre-Tax Income | ||||||||||||
Interest Income Expense |
(20)
|
(21)
|
(26)
|
(65)
|
(77)
|
(111)
|
(123)
|
(127)
|
(138)
|
(136)
|
(141)
|
|
Non-Reccuring Items |
55
|
205
|
169
|
112
|
137
|
94
|
150
|
246
|
140
|
21
|
33
|
|
Total Other Income |
37
|
37
|
37
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Pre-Tax Income |
224
N/A
|
314
+40%
|
347
+11%
|
333
-4%
|
414
+24%
|
771
+86%
|
757
-2%
|
803
+6%
|
634
-21%
|
227
-64%
|
280
+23%
|
|
Net Income | ||||||||||||
Tax Provision |
(42)
|
(38)
|
(44)
|
(52)
|
(67)
|
(169)
|
(170)
|
(176)
|
(140)
|
(291)
|
(332)
|
|
Income from Continuing Operations |
182
|
275
|
303
|
281
|
346
|
602
|
587
|
626
|
495
|
(65)
|
(53)
|
|
Income to Minority Interest |
0
|
(1)
|
(3)
|
(5)
|
(6)
|
(11)
|
(8)
|
(5)
|
(4)
|
(1)
|
(0)
|
|
Net Income (Common) |
182
N/A
|
274
+50%
|
300
+9%
|
277
-8%
|
341
+23%
|
591
+73%
|
579
-2%
|
621
+7%
|
490
-21%
|
(66)
N/A
|
(53)
+20%
|
|
EPS (Diluted) |
1.69
N/A
|
2.54
+50%
|
2.78
+9%
|
2.26
-19%
|
2.78
+23%
|
4.82
+73%
|
4.71
-2%
|
5.07
+8%
|
4
-21%
|
-0.55
N/A
|
-0.44
+20%
|