Pandora A/S
OTC:PANDY
Income Statement
Earnings Waterfall
Pandora A/S
Income Statement
Pandora A/S
| Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | 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 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
204
|
0
|
0
|
0
|
135
|
0
|
0
|
0
|
89
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
30
|
27
|
55
|
80
|
131
|
103
|
97
|
96
|
158
|
97
|
99
|
99
|
133
|
103
|
112
|
106
|
262
|
190
|
222
|
272
|
644
|
296
|
325
|
355
|
801
|
402
|
411
|
422
|
|
| Revenue |
3 461
N/A
|
4 112
+19%
|
4 780
+16%
|
5 743
+20%
|
6 666
+16%
|
7 173
+8%
|
7 222
+1%
|
7 003
-3%
|
6 658
-5%
|
6 337
-5%
|
6 205
-2%
|
6 430
+4%
|
6 652
+3%
|
7 230
+9%
|
7 901
+9%
|
8 362
+6%
|
9 010
+8%
|
9 600
+7%
|
10 213
+6%
|
10 803
+6%
|
11 942
+11%
|
12 897
+8%
|
13 951
+8%
|
15 017
+8%
|
16 737
+11%
|
17 930
+7%
|
18 659
+4%
|
19 360
+4%
|
20 281
+5%
|
20 700
+2%
|
21 198
+2%
|
21 780
+3%
|
22 781
+5%
|
22 737
0%
|
22 731
0%
|
22 519
-1%
|
22 806
+1%
|
22 495
-1%
|
22 369
-1%
|
21 802
-3%
|
21 868
+0%
|
21 236
-3%
|
19 419
-9%
|
19 074
-2%
|
19 009
0%
|
19 337
+2%
|
21 616
+12%
|
22 274
+3%
|
23 394
+5%
|
24 583
+5%
|
25 083
+2%
|
25 618
+2%
|
26 463
+3%
|
26 624
+1%
|
26 863
+1%
|
27 172
+1%
|
28 136
+4%
|
29 120
+3%
|
29 997
+3%
|
30 528
+2%
|
31 680
+4%
|
32 194
+2%
|
32 498
+1%
|
32 664
+1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1 073)
|
(1 295)
|
(1 436)
|
(1 618)
|
(1 941)
|
(2 025)
|
(2 018)
|
(1 953)
|
(1 798)
|
(1 707)
|
(1 754)
|
(1 984)
|
(2 223)
|
(2 507)
|
(2 760)
|
(2 878)
|
(3 011)
|
(3 124)
|
(3 213)
|
(3 297)
|
(3 519)
|
(3 743)
|
(4 022)
|
(4 194)
|
(4 544)
|
(4 723)
|
(4 765)
|
(4 895)
|
(5 058)
|
(5 232)
|
(5 423)
|
(5 616)
|
(5 815)
|
(5 676)
|
(5 599)
|
(5 638)
|
(5 864)
|
(5 784)
|
(5 726)
|
(5 293)
|
(4 950)
|
(4 733)
|
(4 332)
|
(4 277)
|
(4 475)
|
(4 599)
|
(5 056)
|
(5 322)
|
(5 590)
|
(5 890)
|
(6 048)
|
(6 117)
|
(6 273)
|
(6 224)
|
(6 175)
|
(6 116)
|
(6 012)
|
(6 107)
|
(6 161)
|
(6 210)
|
(6 391)
|
(6 417)
|
(6 543)
|
(6 626)
|
|
| Gross Profit |
2 388
N/A
|
2 817
+18%
|
3 344
+19%
|
4 125
+23%
|
4 725
+15%
|
5 148
+9%
|
5 204
+1%
|
5 050
-3%
|
4 860
-4%
|
4 630
-5%
|
4 451
-4%
|
4 446
0%
|
4 429
0%
|
4 723
+7%
|
5 141
+9%
|
5 484
+7%
|
5 999
+9%
|
6 476
+8%
|
7 000
+8%
|
7 506
+7%
|
8 423
+12%
|
9 154
+9%
|
9 929
+8%
|
10 823
+9%
|
12 193
+13%
|
13 207
+8%
|
13 894
+5%
|
14 465
+4%
|
15 223
+5%
|
15 468
+2%
|
15 775
+2%
|
16 164
+2%
|
16 966
+5%
|
17 061
+1%
|
17 132
+0%
|
16 881
-1%
|
16 942
+0%
|
16 711
-1%
|
16 643
0%
|
16 509
-1%
|
16 918
+2%
|
16 503
-2%
|
15 087
-9%
|
14 797
-2%
|
14 534
-2%
|
14 738
+1%
|
16 560
+12%
|
16 952
+2%
|
17 804
+5%
|
18 693
+5%
|
19 035
+2%
|
19 501
+2%
|
20 190
+4%
|
20 400
+1%
|
20 688
+1%
|
21 056
+2%
|
22 124
+5%
|
23 013
+4%
|
23 836
+4%
|
24 318
+2%
|
25 289
+4%
|
25 777
+2%
|
25 955
+1%
|
26 038
+0%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1 047)
|
(1 331)
|
(1 681)
|
(1 952)
|
(2 309)
|
(2 507)
|
(2 603)
|
(2 686)
|
(2 802)
|
(2 856)
|
(2 944)
|
(2 982)
|
(2 954)
|
(3 002)
|
(3 110)
|
(3 208)
|
(3 317)
|
(3 507)
|
(3 673)
|
(3 924)
|
(4 347)
|
(4 731)
|
(5 112)
|
(5 614)
|
(6 363)
|
(6 967)
|
(7 420)
|
(7 611)
|
(7 816)
|
(7 993)
|
(8 338)
|
(8 646)
|
(9 182)
|
(9 552)
|
(9 807)
|
(10 160)
|
(10 511)
|
(10 736)
|
(11 103)
|
(11 642)
|
(12 073)
|
(12 004)
|
(11 438)
|
(11 005)
|
(11 803)
|
(10 995)
|
(11 523)
|
(11 633)
|
(12 021)
|
(12 447)
|
(12 841)
|
(13 286)
|
(13 447)
|
(13 711)
|
(14 060)
|
(14 486)
|
(15 085)
|
(15 724)
|
(16 397)
|
(16 819)
|
(17 315)
|
(17 669)
|
(17 898)
|
(18 081)
|
|
| Selling, General & Administrative |
(1 047)
|
(1 331)
|
(1 681)
|
(1 952)
|
(2 054)
|
(2 507)
|
(2 603)
|
(2 686)
|
(2 599)
|
(2 856)
|
(2 944)
|
(2 982)
|
(2 795)
|
(3 002)
|
(3 110)
|
(3 208)
|
(3 158)
|
(3 507)
|
(3 673)
|
(3 924)
|
(4 174)
|
(4 731)
|
(5 112)
|
(5 614)
|
(6 175)
|
(6 967)
|
(7 401)
|
(7 608)
|
(7 388)
|
(7 993)
|
(8 338)
|
(8 646)
|
(8 583)
|
(9 552)
|
(9 807)
|
(10 160)
|
(9 702)
|
(10 736)
|
(11 103)
|
(11 642)
|
(11 098)
|
(12 006)
|
(11 441)
|
(11 008)
|
(11 042)
|
(10 998)
|
(11 524)
|
(11 635)
|
(11 325)
|
(12 487)
|
(12 856)
|
(13 292)
|
(12 801)
|
(13 713)
|
(14 061)
|
(14 486)
|
(14 335)
|
(15 723)
|
(16 397)
|
(16 818)
|
(16 441)
|
(17 668)
|
(17 897)
|
(18 082)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
(255)
|
0
|
0
|
0
|
(203)
|
0
|
0
|
0
|
(159)
|
0
|
0
|
0
|
(159)
|
0
|
0
|
0
|
(173)
|
0
|
0
|
0
|
(188)
|
0
|
0
|
0
|
(428)
|
0
|
0
|
0
|
(599)
|
0
|
0
|
0
|
(809)
|
0
|
0
|
0
|
(977)
|
0
|
0
|
0
|
(761)
|
0
|
0
|
0
|
(696)
|
0
|
0
|
0
|
(646)
|
0
|
0
|
0
|
(751)
|
0
|
0
|
0
|
(874)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
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
|
(19)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
3
|
3
|
0
|
3
|
1
|
2
|
0
|
40
|
15
|
6
|
0
|
2
|
1
|
0
|
1
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
1
|
|
| Operating Income |
1 341
N/A
|
1 486
+11%
|
1 663
+12%
|
2 173
+31%
|
2 416
+11%
|
2 641
+9%
|
2 601
-2%
|
2 364
-9%
|
2 058
-13%
|
1 774
-14%
|
1 507
-15%
|
1 464
-3%
|
1 475
+1%
|
1 721
+17%
|
2 031
+18%
|
2 276
+12%
|
2 682
+18%
|
2 969
+11%
|
3 327
+12%
|
3 582
+8%
|
4 076
+14%
|
4 423
+9%
|
4 817
+9%
|
5 209
+8%
|
5 830
+12%
|
6 240
+7%
|
6 474
+4%
|
6 854
+6%
|
7 407
+8%
|
7 475
+1%
|
7 437
-1%
|
7 518
+1%
|
7 784
+4%
|
7 509
-4%
|
7 325
-2%
|
6 721
-8%
|
6 431
-4%
|
5 975
-7%
|
5 540
-7%
|
4 867
-12%
|
4 845
0%
|
4 499
-7%
|
3 649
-19%
|
3 792
+4%
|
2 731
-28%
|
3 743
+37%
|
5 037
+35%
|
5 319
+6%
|
5 783
+9%
|
6 246
+8%
|
6 194
-1%
|
6 215
+0%
|
6 743
+8%
|
6 689
-1%
|
6 628
-1%
|
6 570
-1%
|
7 039
+7%
|
7 289
+4%
|
7 439
+2%
|
7 499
+1%
|
7 974
+6%
|
8 108
+2%
|
8 057
-1%
|
7 957
-1%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(141)
|
(222)
|
(187)
|
(171)
|
(121)
|
(90)
|
166
|
110
|
(151)
|
379
|
18
|
109
|
(25)
|
(113)
|
32
|
78
|
108
|
111
|
49
|
(55)
|
(129)
|
(473)
|
(529)
|
(507)
|
(359)
|
(179)
|
(53)
|
42
|
268
|
243
|
123
|
(8)
|
(93)
|
(87)
|
57
|
152
|
184
|
184
|
18
|
39
|
55
|
(301)
|
(244)
|
(313)
|
(96)
|
(49)
|
(42)
|
(155)
|
(383)
|
(379)
|
(386)
|
(267)
|
(151)
|
(294)
|
(438)
|
(630)
|
(733)
|
(940)
|
(1 048)
|
(1 031)
|
(932)
|
(1 058)
|
(1 002)
|
(1 041)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
(16)
|
(16)
|
(19)
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
(92)
|
(813)
|
(1 016)
|
(1 426)
|
(1 538)
|
(1 016)
|
(47)
|
(359)
|
(154)
|
54
|
56
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(11)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
462
|
0
|
0
|
0
|
29
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(71)
|
0
|
0
|
0
|
(110)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(33)
|
(1)
|
0
|
(2)
|
(55)
|
0
|
0
|
0
|
(94)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
(1)
|
(72)
|
0
|
0
|
1
|
(116)
|
0
|
3
|
1
|
|
| Pre-Tax Income |
1 189
N/A
|
1 264
+6%
|
1 476
+17%
|
2 002
+36%
|
2 252
+12%
|
2 551
+13%
|
2 767
+8%
|
2 474
-11%
|
2 369
-4%
|
2 153
-9%
|
1 525
-29%
|
1 573
+3%
|
1 479
-6%
|
1 608
+9%
|
2 063
+28%
|
2 354
+14%
|
2 742
+16%
|
3 080
+12%
|
3 376
+10%
|
3 527
+4%
|
3 872
+10%
|
3 950
+2%
|
4 288
+9%
|
4 686
+9%
|
5 345
+14%
|
6 042
+13%
|
6 421
+6%
|
6 896
+7%
|
7 650
+11%
|
7 718
+1%
|
7 560
-2%
|
7 510
-1%
|
7 667
+2%
|
7 422
-3%
|
7 382
-1%
|
6 873
-7%
|
6 582
-4%
|
6 133
-7%
|
5 465
-11%
|
4 091
-25%
|
3 829
-6%
|
2 771
-28%
|
1 866
-33%
|
2 463
+32%
|
2 494
+1%
|
3 336
+34%
|
4 842
+45%
|
5 219
+8%
|
5 378
+3%
|
5 867
+9%
|
5 808
-1%
|
5 948
+2%
|
6 533
+10%
|
6 394
-2%
|
6 190
-3%
|
5 939
-4%
|
6 234
+5%
|
6 349
+2%
|
6 390
+1%
|
6 469
+1%
|
6 926
+7%
|
7 052
+2%
|
7 058
+0%
|
6 917
-2%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(184)
|
(204)
|
(247)
|
(345)
|
(381)
|
(435)
|
(426)
|
(373)
|
(332)
|
(293)
|
(228)
|
(237)
|
(277)
|
(306)
|
(393)
|
(452)
|
(522)
|
(594)
|
(659)
|
(697)
|
(774)
|
(1 173)
|
(1 263)
|
(1 380)
|
(1 671)
|
(1 445)
|
(1 513)
|
(1 589)
|
(1 625)
|
(1 638)
|
(1 606)
|
(1 595)
|
(1 899)
|
(1 856)
|
(1 867)
|
(1 773)
|
(1 537)
|
(1 450)
|
(1 300)
|
(996)
|
(884)
|
(646)
|
(442)
|
(577)
|
(556)
|
(745)
|
(1 085)
|
(1 169)
|
(1 218)
|
(1 342)
|
(1 340)
|
(1 382)
|
(1 504)
|
(1 472)
|
(1 424)
|
(1 365)
|
(1 494)
|
(1 534)
|
(1 554)
|
(1 580)
|
(1 699)
|
(1 688)
|
(1 689)
|
(1 655)
|
|
| Income from Continuing Operations |
1 005
|
1 060
|
1 229
|
1 657
|
1 871
|
2 116
|
2 341
|
2 101
|
2 037
|
1 860
|
1 297
|
1 336
|
1 202
|
1 302
|
1 670
|
1 902
|
2 220
|
2 486
|
2 717
|
2 830
|
3 098
|
2 777
|
3 025
|
3 306
|
3 674
|
4 597
|
4 908
|
5 307
|
6 025
|
6 080
|
5 954
|
5 915
|
5 768
|
5 566
|
5 515
|
5 100
|
5 045
|
4 683
|
4 165
|
3 095
|
2 945
|
2 125
|
1 424
|
1 886
|
1 938
|
2 591
|
3 757
|
4 050
|
4 160
|
4 525
|
4 468
|
4 566
|
5 029
|
4 922
|
4 766
|
4 574
|
4 740
|
4 815
|
4 836
|
4 889
|
5 227
|
5 364
|
5 369
|
5 262
|
|
| Income to Minority Interest |
(35)
|
(45)
|
(57)
|
(54)
|
(25)
|
(15)
|
(3)
|
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
|
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) |
970
N/A
|
1 015
+5%
|
1 172
+15%
|
1 603
+37%
|
1 846
+15%
|
2 101
+14%
|
2 338
+11%
|
2 101
-10%
|
2 037
-3%
|
1 860
-9%
|
1 297
-30%
|
1 336
+3%
|
1 202
-10%
|
1 302
+8%
|
1 670
+28%
|
1 902
+14%
|
2 220
+17%
|
2 486
+12%
|
2 717
+9%
|
2 830
+4%
|
3 098
+9%
|
2 777
-10%
|
3 025
+9%
|
3 306
+9%
|
3 674
+11%
|
4 597
+25%
|
4 908
+7%
|
5 307
+8%
|
6 025
+14%
|
6 080
+1%
|
5 954
-2%
|
5 915
-1%
|
5 768
-2%
|
5 566
-4%
|
5 515
-1%
|
5 100
-8%
|
5 045
-1%
|
4 683
-7%
|
4 165
-11%
|
3 095
-26%
|
2 945
-5%
|
2 124
-28%
|
1 423
-33%
|
1 885
+32%
|
1 938
+3%
|
2 590
+34%
|
3 757
+45%
|
4 049
+8%
|
4 160
+3%
|
4 526
+9%
|
4 468
-1%
|
4 567
+2%
|
5 029
+10%
|
4 923
-2%
|
4 767
-3%
|
4 576
-4%
|
4 740
+4%
|
4 816
+2%
|
4 837
+0%
|
4 889
+1%
|
5 227
+7%
|
5 364
+3%
|
5 368
+0%
|
5 262
-2%
|
|
| EPS (Diluted) |
7.89
N/A
|
7.8
-1%
|
9
+15%
|
12.32
+37%
|
14.65
+19%
|
16.31
+11%
|
18.15
+11%
|
16.31
-10%
|
15.67
-4%
|
14.3
-9%
|
9.97
-30%
|
10.27
+3%
|
9.18
-11%
|
10.1
+10%
|
12.78
+27%
|
14.6
+14%
|
17.07
+17%
|
19.42
+14%
|
21.2
+9%
|
22.64
+7%
|
24.78
+9%
|
22.48
-9%
|
24.93
+11%
|
27.59
+11%
|
30.67
+11%
|
39.42
+29%
|
42.6
+8%
|
46.47
+9%
|
52.51
+13%
|
54.04
+3%
|
53.3
-1%
|
53.24
0%
|
51.79
-3%
|
50.41
-3%
|
50.68
+1%
|
47.7
-6%
|
47.05
-1%
|
46.41
-1%
|
41.96
-10%
|
28.6
-32%
|
30.07
+5%
|
26.55
-12%
|
17.07
-36%
|
19.78
+16%
|
19.89
+1%
|
25.98
+31%
|
37.49
+44%
|
40.8
+9%
|
41.74
+2%
|
47.3
+13%
|
46.88
-1%
|
48.53
+4%
|
53.67
+11%
|
55.37
+3%
|
53.91
-3%
|
53.09
-2%
|
55.06
+4%
|
58.73
+7%
|
58.98
+0%
|
59.98
+2%
|
64.6
+8%
|
68.2
+6%
|
69.33
+2%
|
67.79
-2%
|
|