CD Projekt SA
OTC:OTGLY
Income Statement
Earnings Waterfall
CD Projekt SA
Revenue
|
1.3B
PLN
|
Cost of Revenue
|
-369m
PLN
|
Gross Profit
|
902.5m
PLN
|
Operating Expenses
|
-363.2m
PLN
|
Operating Income
|
539.3m
PLN
|
Other Expenses
|
-45m
PLN
|
Net Income
|
494.3m
PLN
|
Income Statement
CD Projekt SA
Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
154
N/A
|
142
-8%
|
145
+2%
|
154
+6%
|
150
-3%
|
96
-36%
|
91
-6%
|
534
+487%
|
611
+14%
|
798
+31%
|
859
+8%
|
604
-30%
|
592
-2%
|
584
-1%
|
596
+2%
|
520
-13%
|
504
-3%
|
463
-8%
|
439
-5%
|
377
-14%
|
359
-5%
|
363
+1%
|
368
+2%
|
410
+11%
|
435
+6%
|
521
+20%
|
633
+22%
|
863
+36%
|
875
+1%
|
2 139
+144%
|
2 337
+9%
|
2 443
+5%
|
2 483
+2%
|
888
-64%
|
1 104
+24%
|
1 012
-8%
|
1 113
+10%
|
953
-14%
|
1 127
+18%
|
1 074
-5%
|
1 272
+18%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(94)
|
(89)
|
(94)
|
(102)
|
(104)
|
(61)
|
(56)
|
(141)
|
(146)
|
(211)
|
(211)
|
(154)
|
(139)
|
(113)
|
(111)
|
(77)
|
(77)
|
(82)
|
(83)
|
(88)
|
(89)
|
(106)
|
(119)
|
(129)
|
(147)
|
(161)
|
(180)
|
(250)
|
(248)
|
(491)
|
(554)
|
(608)
|
(625)
|
(250)
|
(298)
|
(237)
|
(263)
|
(244)
|
(298)
|
(305)
|
(369)
|
|
Gross Profit |
60
N/A
|
53
-12%
|
52
-3%
|
52
+1%
|
46
-11%
|
36
-23%
|
35
-1%
|
393
+1 014%
|
465
+18%
|
587
+26%
|
648
+10%
|
451
-30%
|
453
+0%
|
471
+4%
|
485
+3%
|
443
-9%
|
427
-4%
|
381
-11%
|
356
-7%
|
289
-19%
|
271
-6%
|
257
-5%
|
250
-3%
|
281
+12%
|
288
+3%
|
360
+25%
|
453
+26%
|
613
+35%
|
626
+2%
|
1 648
+163%
|
1 783
+8%
|
1 835
+3%
|
1 859
+1%
|
638
-66%
|
806
+26%
|
775
-4%
|
849
+10%
|
709
-17%
|
829
+17%
|
769
-7%
|
902
+17%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(39)
|
(38)
|
(38)
|
(40)
|
(41)
|
(28)
|
(30)
|
(101)
|
(119)
|
(163)
|
(183)
|
(152)
|
(160)
|
(167)
|
(167)
|
(159)
|
(144)
|
(139)
|
(140)
|
(130)
|
(137)
|
(144)
|
(144)
|
(169)
|
(178)
|
(179)
|
(193)
|
(233)
|
(233)
|
(471)
|
(569)
|
(657)
|
(693)
|
(361)
|
(482)
|
(432)
|
(425)
|
(293)
|
(357)
|
(319)
|
(363)
|
|
Selling, General & Administrative |
(36)
|
(35)
|
(36)
|
(39)
|
(40)
|
(30)
|
(32)
|
(75)
|
(87)
|
(123)
|
(142)
|
(138)
|
(153)
|
(164)
|
(164)
|
(157)
|
(143)
|
(142)
|
(142)
|
(131)
|
(137)
|
(144)
|
(145)
|
(170)
|
(180)
|
(183)
|
(198)
|
(240)
|
(241)
|
(478)
|
(571)
|
(659)
|
(698)
|
(375)
|
(462)
|
(413)
|
(405)
|
(302)
|
(368)
|
(379)
|
(426)
|
|
Other Operating Expenses |
(3)
|
(2)
|
(1)
|
0
|
(1)
|
2
|
1
|
(27)
|
(34)
|
(40)
|
(41)
|
(14)
|
(7)
|
(3)
|
(2)
|
(2)
|
(2)
|
2
|
2
|
1
|
1
|
0
|
0
|
1
|
2
|
3
|
4
|
7
|
8
|
7
|
2
|
2
|
5
|
14
|
(20)
|
(19)
|
(20)
|
9
|
11
|
60
|
63
|
|
Operating Income |
21
N/A
|
16
-25%
|
13
-18%
|
13
-4%
|
5
-60%
|
8
+52%
|
5
-33%
|
292
+5 633%
|
346
+18%
|
424
+23%
|
466
+10%
|
299
-36%
|
292
-2%
|
304
+4%
|
319
+5%
|
284
-11%
|
283
-1%
|
242
-15%
|
215
-11%
|
159
-26%
|
134
-16%
|
112
-16%
|
105
-6%
|
111
+6%
|
110
-1%
|
180
+65%
|
260
+44%
|
381
+46%
|
393
+3%
|
1 177
+200%
|
1 214
+3%
|
1 179
-3%
|
1 166
-1%
|
277
-76%
|
325
+17%
|
342
+5%
|
425
+24%
|
416
-2%
|
472
+13%
|
451
-4%
|
539
+20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
3
|
3
|
3
|
3
|
0
|
(2)
|
(5)
|
(4)
|
(2)
|
2
|
6
|
6
|
8
|
10
|
7
|
7
|
6
|
5
|
9
|
9
|
11
|
12
|
10
|
10
|
9
|
9
|
10
|
7
|
5
|
(2)
|
(12)
|
(11)
|
(14)
|
(7)
|
15
|
25
|
19
|
45
|
48
|
85
|
|
Non-Reccuring Items |
(0)
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(2)
|
(4)
|
(4)
|
(17)
|
(10)
|
(9)
|
(9)
|
(43)
|
(4)
|
(7)
|
(3)
|
(41)
|
(43)
|
(62)
|
(66)
|
|
Total Other Income |
(0)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
21
N/A
|
17
-19%
|
15
-11%
|
15
+1%
|
8
-49%
|
9
+20%
|
3
-70%
|
287
+10 150%
|
342
+19%
|
422
+23%
|
466
+11%
|
305
-35%
|
299
-2%
|
312
+4%
|
329
+5%
|
291
-12%
|
289
0%
|
247
-14%
|
220
-11%
|
168
-24%
|
143
-15%
|
123
-14%
|
117
-5%
|
121
+4%
|
120
-1%
|
189
+58%
|
267
+41%
|
387
+45%
|
395
+2%
|
1 165
+195%
|
1 202
+3%
|
1 157
-4%
|
1 146
-1%
|
219
-81%
|
311
+42%
|
349
+12%
|
444
+27%
|
393
-12%
|
474
+20%
|
437
-8%
|
558
+28%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(4)
|
(4)
|
(3)
|
0
|
0
|
(46)
|
(58)
|
(79)
|
(86)
|
(64)
|
(62)
|
(61)
|
(65)
|
(56)
|
(56)
|
(47)
|
(42)
|
(34)
|
(30)
|
(14)
|
(12)
|
(12)
|
(12)
|
(14)
|
(18)
|
(24)
|
(24)
|
(15)
|
(19)
|
(16)
|
(12)
|
(10)
|
(33)
|
(62)
|
(75)
|
(46)
|
(57)
|
(47)
|
(64)
|
|
Income from Continuing Operations |
21
|
15
|
12
|
11
|
5
|
10
|
3
|
241
|
284
|
342
|
380
|
241
|
237
|
251
|
263
|
235
|
234
|
200
|
178
|
134
|
114
|
109
|
104
|
108
|
108
|
175
|
250
|
363
|
371
|
1 150
|
1 183
|
1 141
|
1 134
|
209
|
278
|
287
|
369
|
347
|
417
|
390
|
494
|
|
Income to Minority Interest |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
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
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
21
N/A
|
15
-28%
|
12
-19%
|
11
-5%
|
5
-55%
|
5
+2%
|
(2)
N/A
|
237
N/A
|
279
+18%
|
342
+23%
|
380
+11%
|
241
-37%
|
237
-2%
|
251
+6%
|
263
+5%
|
235
-11%
|
234
0%
|
200
-14%
|
178
-11%
|
134
-25%
|
114
-15%
|
109
-4%
|
104
-5%
|
108
+4%
|
108
-1%
|
175
+63%
|
250
+42%
|
363
+45%
|
371
+2%
|
1 150
+210%
|
1 183
+3%
|
1 141
-4%
|
1 134
-1%
|
209
-82%
|
278
+33%
|
287
+3%
|
369
+29%
|
347
-6%
|
417
+20%
|
390
-6%
|
494
+27%
|