Harvia Oyj
OTC:HRVFF
Income Statement
Earnings Waterfall
Harvia Oyj
Income Statement
Harvia Oyj
| 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||
| Interest Expense |
5
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
|
| Revenue |
60
N/A
|
60
+0%
|
61
+1%
|
62
+1%
|
62
+0%
|
65
+4%
|
66
+3%
|
70
+5%
|
74
+6%
|
75
+1%
|
84
+11%
|
95
+13%
|
109
+15%
|
128
+18%
|
150
+17%
|
168
+12%
|
179
+7%
|
190
+6%
|
190
0%
|
181
-5%
|
172
-5%
|
163
-5%
|
153
-6%
|
149
-2%
|
151
+1%
|
152
+1%
|
159
+5%
|
164
+3%
|
175
+7%
|
185
+5%
|
189
+2%
|
196
+4%
|
199
+1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(25)
|
(25)
|
(26)
|
(26)
|
(26)
|
(26)
|
(27)
|
(28)
|
(29)
|
(30)
|
(33)
|
(37)
|
(42)
|
(49)
|
(58)
|
(66)
|
(70)
|
(76)
|
(77)
|
(74)
|
(70)
|
(65)
|
(58)
|
(56)
|
(56)
|
(55)
|
(58)
|
(56)
|
(63)
|
(65)
|
(66)
|
(72)
|
(71)
|
|
| Gross Profit |
35
N/A
|
35
+0%
|
35
+1%
|
36
+1%
|
36
+1%
|
38
+6%
|
40
+4%
|
42
+5%
|
45
+6%
|
45
+2%
|
51
+12%
|
58
+14%
|
67
+16%
|
79
+18%
|
92
+16%
|
102
+11%
|
109
+7%
|
114
+5%
|
113
-1%
|
107
-5%
|
102
-5%
|
98
-4%
|
94
-4%
|
93
-2%
|
94
+2%
|
96
+2%
|
101
+5%
|
107
+6%
|
113
+5%
|
120
+6%
|
123
+3%
|
125
+2%
|
128
+2%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Expenses |
(26)
|
(27)
|
(27)
|
(27)
|
(27)
|
(27)
|
(28)
|
(30)
|
(31)
|
(33)
|
(36)
|
(40)
|
(45)
|
(49)
|
(53)
|
(58)
|
(62)
|
(67)
|
(69)
|
(68)
|
(67)
|
(66)
|
(63)
|
(63)
|
(61)
|
(63)
|
(66)
|
(71)
|
(77)
|
(82)
|
(86)
|
(88)
|
(89)
|
|
| Selling, General & Administrative |
(18)
|
(13)
|
(13)
|
(13)
|
(19)
|
(13)
|
(14)
|
(14)
|
(23)
|
(15)
|
(16)
|
(18)
|
(31)
|
(24)
|
(27)
|
(29)
|
(46)
|
(32)
|
(33)
|
(32)
|
(48)
|
(30)
|
(29)
|
(29)
|
(43)
|
(29)
|
(31)
|
(33)
|
(35)
|
(38)
|
(40)
|
(41)
|
(42)
|
|
| Depreciation & Amortization |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
|
| Other Operating Expenses |
(6)
|
(13)
|
(12)
|
(12)
|
(6)
|
(11)
|
(12)
|
(13)
|
(6)
|
(15)
|
(17)
|
(18)
|
(9)
|
(20)
|
(21)
|
(24)
|
(10)
|
(28)
|
(30)
|
(30)
|
(13)
|
(29)
|
(27)
|
(26)
|
(12)
|
(27)
|
(29)
|
(31)
|
(36)
|
(37)
|
(39)
|
(40)
|
(40)
|
|
| Operating Income |
9
N/A
|
8
-12%
|
8
+3%
|
8
0%
|
9
+12%
|
11
+20%
|
12
+2%
|
12
+5%
|
13
+10%
|
13
-6%
|
14
+15%
|
18
+21%
|
22
+27%
|
30
+35%
|
39
+27%
|
44
+14%
|
47
+5%
|
48
+2%
|
44
-9%
|
39
-10%
|
36
-9%
|
32
-11%
|
31
-3%
|
30
-2%
|
33
+9%
|
34
+2%
|
35
+3%
|
36
+4%
|
36
-1%
|
38
+5%
|
36
-3%
|
37
+1%
|
38
+4%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(5)
|
(6)
|
(5)
|
(4)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
1
|
3
|
3
|
0
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(5)
|
(6)
|
(5)
|
(5)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
|
| Pre-Tax Income |
4
N/A
|
2
-43%
|
4
+47%
|
5
+31%
|
7
+39%
|
10
+52%
|
10
+2%
|
11
+6%
|
12
+11%
|
12
-4%
|
13
+16%
|
16
+20%
|
20
+27%
|
28
+39%
|
36
+29%
|
42
+16%
|
45
+7%
|
47
+4%
|
45
-6%
|
42
-6%
|
37
-12%
|
32
-12%
|
29
-9%
|
27
-8%
|
30
+9%
|
31
+5%
|
32
+3%
|
33
+2%
|
32
-2%
|
33
+2%
|
30
-7%
|
31
+4%
|
33
+6%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
1
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(8)
|
(10)
|
(10)
|
(11)
|
(10)
|
(9)
|
(9)
|
(8)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
|
| Income from Continuing Operations |
3
|
3
|
4
|
5
|
7
|
8
|
8
|
9
|
10
|
9
|
11
|
13
|
16
|
22
|
28
|
32
|
35
|
36
|
34
|
32
|
28
|
25
|
22
|
20
|
23
|
24
|
25
|
26
|
24
|
25
|
24
|
24
|
26
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
3
N/A
|
3
+7%
|
4
+30%
|
5
+19%
|
7
+40%
|
8
+14%
|
8
+5%
|
9
+7%
|
10
+11%
|
9
-2%
|
11
+14%
|
13
+18%
|
15
+23%
|
22
+42%
|
19
-14%
|
23
+22%
|
34
+45%
|
35
+3%
|
33
-5%
|
31
-6%
|
27
-13%
|
24
-11%
|
22
-9%
|
20
-9%
|
23
+16%
|
24
+5%
|
25
+2%
|
26
+4%
|
24
-7%
|
25
+4%
|
24
-6%
|
24
+3%
|
26
+9%
|
|
| EPS (Diluted) |
0.3
N/A
|
0.3
N/A
|
0.21
-30%
|
0.25
+19%
|
0.41
+64%
|
0.41
N/A
|
0.43
+5%
|
0.46
+7%
|
0.51
+11%
|
0.5
-2%
|
0.57
+14%
|
0.67
+18%
|
0.82
+22%
|
1.16
+41%
|
1
-14%
|
1.22
+22%
|
1.79
+47%
|
1.85
+3%
|
1.76
-5%
|
1.66
-6%
|
1.44
-13%
|
1.28
-11%
|
1.17
-9%
|
1.07
-9%
|
1.24
+16%
|
1.3
+5%
|
1.33
+2%
|
1.39
+5%
|
1.29
-7%
|
1.33
+3%
|
1.25
-6%
|
1.29
+3%
|
1.4
+9%
|
|