IAR Systems Group AB
OTC:IARGF
Income Statement
Earnings Waterfall
IAR Systems Group AB
Income Statement
IAR Systems Group AB
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Interest Expense |
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
3
|
0
|
0
|
|
| Revenue |
406
N/A
|
398
-2%
|
399
+0%
|
388
-3%
|
372
-4%
|
369
-1%
|
356
-3%
|
355
0%
|
356
+0%
|
364
+2%
|
385
+6%
|
403
+5%
|
420
+4%
|
430
+2%
|
431
+0%
|
441
+2%
|
458
+4%
|
470
+3%
|
485
+3%
|
481
-1%
|
487
+1%
|
492
+1%
|
478
-3%
|
|
| Gross Profit | ||||||||||||||||||||||||
| Cost of Revenue |
(75)
|
(77)
|
(71)
|
(65)
|
(52)
|
(45)
|
(46)
|
(46)
|
(50)
|
(42)
|
(33)
|
(32)
|
37
|
(25)
|
(23)
|
(21)
|
23
|
(36)
|
(42)
|
(22)
|
36
|
22
|
35
|
|
| Gross Profit |
331
N/A
|
322
-3%
|
329
+2%
|
323
-2%
|
320
-1%
|
324
+1%
|
310
-4%
|
309
0%
|
306
-1%
|
323
+6%
|
352
+9%
|
371
+5%
|
457
+23%
|
405
-11%
|
408
+1%
|
421
+3%
|
481
+14%
|
434
-10%
|
443
+2%
|
459
+4%
|
523
+14%
|
514
-2%
|
512
0%
|
|
| Operating Income | ||||||||||||||||||||||||
| Operating Expenses |
(223)
|
(228)
|
(234)
|
(231)
|
(236)
|
(237)
|
(236)
|
(239)
|
(256)
|
(391)
|
(413)
|
(312)
|
(382)
|
(335)
|
(340)
|
(345)
|
(387)
|
(320)
|
(316)
|
(332)
|
(393)
|
(389)
|
(409)
|
|
| Selling, General & Administrative |
(185)
|
(188)
|
(191)
|
(186)
|
(188)
|
(188)
|
(185)
|
(188)
|
(204)
|
(222)
|
(245)
|
(262)
|
(273)
|
(284)
|
(287)
|
(296)
|
(302)
|
(286)
|
(292)
|
(300)
|
(321)
|
(330)
|
(332)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
30
|
23
|
32
|
38
|
41
|
44
|
41
|
|
| Depreciation & Amortization |
(37)
|
(41)
|
(43)
|
(45)
|
(49)
|
(50)
|
(51)
|
(54)
|
(54)
|
(54)
|
(53)
|
(51)
|
(53)
|
(54)
|
(56)
|
(59)
|
(57)
|
(58)
|
(57)
|
(56)
|
(55)
|
(54)
|
(53)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
2
|
2
|
(115)
|
(115)
|
1
|
(55)
|
3
|
4
|
5
|
(59)
|
2
|
1
|
(14)
|
(58)
|
(48)
|
(66)
|
|
| Operating Income |
108
N/A
|
93
-14%
|
95
+1%
|
92
-3%
|
84
-9%
|
86
+3%
|
74
-14%
|
69
-6%
|
50
-28%
|
(68)
N/A
|
(61)
+10%
|
58
N/A
|
76
+30%
|
70
-8%
|
68
-3%
|
76
+13%
|
94
+24%
|
115
+22%
|
127
+11%
|
127
N/A
|
131
+3%
|
125
-4%
|
103
-17%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(2)
|
(7)
|
(8)
|
(7)
|
(7)
|
(0)
|
(1)
|
0
|
2
|
(2)
|
(1)
|
2
|
(3)
|
1
|
6
|
0
|
6
|
6
|
0
|
3
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(118)
|
0
|
0
|
(118)
|
0
|
0
|
(6)
|
(8)
|
(298)
|
(298)
|
(295)
|
(297)
|
(11)
|
(13)
|
(14)
|
|
| Total Other Income |
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 |
107
N/A
|
92
-14%
|
93
+1%
|
90
-4%
|
77
-14%
|
79
+3%
|
67
-15%
|
63
-6%
|
(69)
N/A
|
(69)
0%
|
(61)
+11%
|
(58)
+4%
|
74
N/A
|
69
-7%
|
64
-7%
|
65
+3%
|
(203)
N/A
|
(178)
+13%
|
(167)
+6%
|
(164)
+2%
|
124
N/A
|
113
-9%
|
93
-18%
|
|
| Net Income | ||||||||||||||||||||||||
| Tax Provision |
(26)
|
(23)
|
(23)
|
(22)
|
(17)
|
(18)
|
(15)
|
(13)
|
1
|
0
|
(2)
|
(4)
|
(16)
|
(17)
|
(20)
|
(24)
|
(26)
|
11
|
11
|
7
|
11
|
(27)
|
(21)
|
|
| Income from Continuing Operations |
81
|
69
|
70
|
67
|
59
|
61
|
53
|
50
|
(67)
|
(68)
|
(63)
|
(62)
|
58
|
52
|
44
|
41
|
(229)
|
(166)
|
(157)
|
(157)
|
135
|
86
|
72
|
|
| Net Income (Common) |
81
N/A
|
69
-15%
|
70
+1%
|
67
-4%
|
59
-12%
|
61
+3%
|
53
-14%
|
50
-5%
|
(67)
N/A
|
(68)
-1%
|
(63)
+7%
|
(62)
+1%
|
58
N/A
|
52
-10%
|
44
-16%
|
41
-6%
|
(229)
N/A
|
(166)
+27%
|
(157)
+6%
|
(157)
0%
|
135
N/A
|
85
-37%
|
72
-16%
|
|
| EPS (Diluted) |
5.94
N/A
|
5.09
-14%
|
5.15
+1%
|
4.94
-4%
|
4.35
-12%
|
4.47
+3%
|
3.86
-14%
|
3.65
-5%
|
-4.94
N/A
|
-5.01
-1%
|
-4.64
+7%
|
-4.57
+2%
|
4.2
N/A
|
3.78
-10%
|
3.18
-16%
|
2.96
-7%
|
-16.84
N/A
|
-12.14
+28%
|
-11.57
+5%
|
-11.65
-1%
|
9.98
N/A
|
6.46
-35%
|
5.51
-15%
|
|