Monarch Cement Co
OTC:MCEM
Income Statement
Earnings Waterfall
Monarch Cement Co
Revenue
|
262.8m
USD
|
Cost of Revenue
|
-170.5m
USD
|
Gross Profit
|
92.2m
USD
|
Operating Expenses
|
-22.7m
USD
|
Operating Income
|
69.5m
USD
|
Other Expenses
|
4.2m
USD
|
Net Income
|
73.7m
USD
|
Income Statement
Monarch Cement Co
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 |
121
N/A
|
123
+2%
|
131
+6%
|
138
+5%
|
147
+7%
|
147
+0%
|
142
-4%
|
144
+1%
|
148
+3%
|
153
+4%
|
161
+5%
|
162
+1%
|
165
+2%
|
167
+1%
|
167
+0%
|
168
+0%
|
168
+0%
|
163
-3%
|
166
+2%
|
172
+4%
|
174
+1%
|
173
-1%
|
175
+1%
|
172
-2%
|
172
+0%
|
178
+4%
|
180
+1%
|
182
+1%
|
189
+4%
|
191
+1%
|
199
+4%
|
209
+5%
|
212
+2%
|
213
+1%
|
215
+1%
|
224
+4%
|
233
+4%
|
244
+5%
|
259
+6%
|
258
0%
|
263
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(100)
|
(102)
|
(106)
|
(107)
|
(116)
|
(116)
|
(112)
|
(114)
|
(115)
|
(115)
|
(120)
|
(118)
|
(120)
|
(121)
|
(118)
|
(118)
|
(121)
|
(121)
|
(125)
|
(131)
|
(128)
|
(128)
|
(130)
|
(129)
|
(132)
|
(132)
|
(130)
|
(129)
|
(129)
|
(131)
|
(137)
|
(143)
|
(147)
|
(144)
|
(147)
|
(152)
|
(161)
|
(170)
|
(176)
|
(173)
|
(171)
|
|
Gross Profit |
20
N/A
|
21
+2%
|
25
+18%
|
31
+26%
|
31
+0%
|
31
+1%
|
30
-4%
|
30
+1%
|
33
+8%
|
38
+18%
|
41
+6%
|
44
+7%
|
45
+3%
|
46
+2%
|
50
+8%
|
50
+0%
|
47
-6%
|
41
-13%
|
41
-2%
|
41
+2%
|
46
+10%
|
45
-2%
|
44
-2%
|
42
-4%
|
41
-4%
|
46
+13%
|
50
+9%
|
53
+7%
|
60
+13%
|
60
-1%
|
62
+4%
|
65
+5%
|
65
0%
|
69
+6%
|
68
-2%
|
72
+6%
|
72
+0%
|
75
+4%
|
83
+11%
|
85
+2%
|
92
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(15)
|
(15)
|
(15)
|
(15)
|
(17)
|
(13)
|
(9)
|
(9)
|
(16)
|
(12)
|
(16)
|
(16)
|
(17)
|
(18)
|
(22)
|
(22)
|
(23)
|
(23)
|
(19)
|
(19)
|
(21)
|
(20)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(18)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(22)
|
(22)
|
(23)
|
|
Selling, General & Administrative |
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
0
|
0
|
(9)
|
(15)
|
(12)
|
(16)
|
(16)
|
(15)
|
(17)
|
(21)
|
(22)
|
(21)
|
(23)
|
(19)
|
(19)
|
(18)
|
(20)
|
(20)
|
(20)
|
(17)
|
(19)
|
(19)
|
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(19)
|
(20)
|
(21)
|
(22)
|
(21)
|
(23)
|
(22)
|
(22)
|
(21)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(13)
|
(9)
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
6
N/A
|
6
+8%
|
10
+55%
|
16
+62%
|
14
-9%
|
19
+30%
|
21
+14%
|
22
+2%
|
17
-23%
|
26
+58%
|
24
-7%
|
28
+13%
|
29
+3%
|
28
-1%
|
28
-3%
|
28
+1%
|
25
-11%
|
18
-26%
|
21
+18%
|
22
+3%
|
25
+14%
|
25
0%
|
24
-3%
|
23
-7%
|
22
-4%
|
27
+25%
|
31
+16%
|
35
+11%
|
41
+18%
|
41
-1%
|
43
+5%
|
46
+7%
|
45
-3%
|
49
+10%
|
46
-5%
|
50
+8%
|
50
-1%
|
52
+4%
|
61
+18%
|
63
+4%
|
70
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
5
|
2
|
0
|
0
|
1
|
0
|
0
|
9
|
9
|
9
|
9
|
0
|
1
|
1
|
1
|
1
|
1
|
(3)
|
(1)
|
(6)
|
(11)
|
0
|
4
|
11
|
16
|
(7)
|
(8)
|
(8)
|
(2)
|
27
|
27
|
22
|
27
|
10
|
1
|
5
|
(1)
|
7
|
21
|
16
|
20
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
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
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
0
|
0
|
1
|
(3)
|
(7)
|
(6)
|
1
|
(3)
|
1
|
0
|
1
|
1
|
1
|
2
|
3
|
3
|
3
|
3
|
4
|
3
|
3
|
2
|
2
|
1
|
1
|
1
|
3
|
3
|
3
|
2
|
2
|
1
|
3
|
2
|
3
|
3
|
1
|
1
|
1
|
|
Pre-Tax Income |
11
N/A
|
8
-30%
|
10
+29%
|
17
+64%
|
16
-4%
|
16
+2%
|
15
-8%
|
24
+60%
|
27
+12%
|
32
+21%
|
34
+6%
|
28
-19%
|
29
+4%
|
29
+3%
|
30
+0%
|
30
+2%
|
29
-6%
|
18
-37%
|
23
+29%
|
20
-15%
|
18
-8%
|
28
+55%
|
31
+9%
|
36
+17%
|
40
+10%
|
22
-45%
|
25
+16%
|
28
+12%
|
42
+48%
|
70
+68%
|
73
+4%
|
70
-4%
|
73
+4%
|
60
-17%
|
50
-17%
|
56
+13%
|
51
-9%
|
61
+18%
|
83
+37%
|
81
-3%
|
91
+12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(7)
|
(9)
|
(10)
|
(11)
|
(10)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(4)
|
(5)
|
(4)
|
(3)
|
(6)
|
(6)
|
(7)
|
(8)
|
(4)
|
(4)
|
(5)
|
(8)
|
(14)
|
(15)
|
(14)
|
(15)
|
(12)
|
(10)
|
(11)
|
(12)
|
(14)
|
(18)
|
(18)
|
(19)
|
|
Income from Continuing Operations |
8
|
6
|
7
|
12
|
11
|
12
|
11
|
17
|
18
|
22
|
23
|
17
|
21
|
21
|
22
|
22
|
22
|
14
|
18
|
16
|
15
|
23
|
25
|
30
|
32
|
18
|
21
|
23
|
34
|
56
|
58
|
56
|
58
|
48
|
40
|
45
|
40
|
47
|
65
|
63
|
72
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
1
|
2
|
2
|
|
Net Income (Common) |
5
N/A
|
5
-16%
|
8
+80%
|
12
+52%
|
11
-9%
|
12
+4%
|
11
-8%
|
17
+61%
|
18
+5%
|
22
+21%
|
23
+5%
|
18
-23%
|
21
+18%
|
22
+3%
|
22
+2%
|
23
+4%
|
22
-6%
|
14
-36%
|
18
+31%
|
17
-9%
|
16
-4%
|
24
+49%
|
26
+11%
|
30
+16%
|
33
+9%
|
19
-43%
|
22
+14%
|
24
+12%
|
35
+44%
|
57
+64%
|
59
+4%
|
57
-3%
|
60
+4%
|
50
-16%
|
42
-16%
|
46
+11%
|
41
-12%
|
48
+18%
|
66
+37%
|
65
-2%
|
74
+13%
|
|
EPS (Diluted) |
1.36
N/A
|
1.14
-16%
|
2.07
+82%
|
3.13
+51%
|
2.82
-10%
|
3.03
+7%
|
2.78
-8%
|
4.5
+62%
|
4.69
+4%
|
5.75
+23%
|
5.97
+4%
|
4.66
-22%
|
5.43
+17%
|
5.65
+4%
|
5.75
+2%
|
5.97
+4%
|
5.56
-7%
|
3.6
-35%
|
4.73
+31%
|
4.3
-9%
|
4.1
-5%
|
6.16
+50%
|
6.81
+11%
|
7.89
+16%
|
8.48
+7%
|
4.92
-42%
|
5.62
+14%
|
6.28
+12%
|
8.92
+42%
|
15.02
+68%
|
15.7
+5%
|
15.25
-3%
|
15.71
+3%
|
13.27
-16%
|
11.08
-17%
|
12.33
+11%
|
10.76
-13%
|
13.02
+21%
|
17.81
+37%
|
17.6
-1%
|
19.92
+13%
|