Masoval AS
OSE:MAS
Income Statement
Earnings Waterfall
Masoval AS
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 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
27
|
0
|
0
|
0
|
91
|
0
|
0
|
0
|
152
|
0
|
0
|
0
|
155
|
0
|
0
|
|
| 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%
|
2 280
+15%
|
2 454
+8%
|
2 588
+5%
|
2 462
-5%
|
2 234
-9%
|
2 407
+8%
|
2 192
-9%
|
|
| Gross Profit | |||||||||||||||||||
| Cost of Revenue |
(397)
|
(380)
|
(511)
|
(580)
|
(623)
|
(826)
|
(727)
|
(691)
|
(665)
|
(759)
|
(933)
|
(1 185)
|
(1 221)
|
(1 256)
|
(1 253)
|
(1 197)
|
(1 532)
|
(1 680)
|
|
| 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%
|
1 095
+5%
|
1 233
+13%
|
1 332
+8%
|
1 209
-9%
|
1 036
-14%
|
875
-16%
|
511
-42%
|
|
| Operating Income | |||||||||||||||||||
| Operating Expenses |
(237)
|
(216)
|
(227)
|
(227)
|
(300)
|
(364)
|
(429)
|
(523)
|
(543)
|
(609)
|
(653)
|
(642)
|
(697)
|
(711)
|
(762)
|
(696)
|
(636)
|
(541)
|
|
| Selling, General & Administrative |
(114)
|
(121)
|
(134)
|
(141)
|
(161)
|
(177)
|
(192)
|
(199)
|
(209)
|
(222)
|
(229)
|
(246)
|
(251)
|
(257)
|
(266)
|
(325)
|
(316)
|
(315)
|
|
| Depreciation & Amortization |
(58)
|
(69)
|
(82)
|
(105)
|
(123)
|
(141)
|
(156)
|
(166)
|
(175)
|
(182)
|
(189)
|
(195)
|
(197)
|
(197)
|
(195)
|
(195)
|
(196)
|
(211)
|
|
| Other Operating Expenses |
(65)
|
(27)
|
(11)
|
19
|
(15)
|
(46)
|
(81)
|
(158)
|
(159)
|
(205)
|
(235)
|
(202)
|
(250)
|
(259)
|
(301)
|
(176)
|
(124)
|
(14)
|
|
| 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%
|
453
+17%
|
536
+18%
|
620
+16%
|
447
-28%
|
340
-24%
|
240
-30%
|
(29)
N/A
|
|
| Pre-Tax Income | |||||||||||||||||||
| Interest Income Expense |
(20)
|
(21)
|
(26)
|
(65)
|
(77)
|
(111)
|
(123)
|
(129)
|
(138)
|
(136)
|
(141)
|
(159)
|
(179)
|
(153)
|
(151)
|
(177)
|
(175)
|
(213)
|
|
| Non-Reccuring Items |
55
|
205
|
169
|
112
|
137
|
94
|
150
|
246
|
140
|
21
|
33
|
(135)
|
(99)
|
(186)
|
(301)
|
(125)
|
(335)
|
(55)
|
|
| Total Other Income |
37
|
37
|
37
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
(7)
|
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%
|
164
-41%
|
258
+57%
|
282
+9%
|
(4)
N/A
|
31
N/A
|
(271)
N/A
|
(297)
-10%
|
|
| Net Income | |||||||||||||||||||
| Tax Provision |
(42)
|
(38)
|
(44)
|
(52)
|
(67)
|
(169)
|
(170)
|
(176)
|
(140)
|
(291)
|
(332)
|
(298)
|
(330)
|
(132)
|
110
|
107
|
249
|
280
|
|
| Income from Continuing Operations |
182
|
275
|
303
|
281
|
346
|
602
|
587
|
626
|
495
|
(65)
|
(53)
|
(133)
|
(72)
|
150
|
106
|
138
|
(22)
|
(17)
|
|
| Income to Minority Interest |
0
|
(1)
|
(3)
|
(5)
|
(6)
|
(11)
|
(8)
|
(5)
|
(4)
|
(1)
|
(0)
|
(3)
|
2
|
8
|
8
|
9
|
7
|
5
|
|
| 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%
|
(136)
-157%
|
(71)
+48%
|
158
N/A
|
114
-28%
|
147
+29%
|
(15)
N/A
|
(12)
+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%
|
-1.11
-152%
|
-0.58
+48%
|
2.26
N/A
|
0.92
-59%
|
1.2
+30%
|
-0.11
N/A
|
-0.09
+18%
|
|