Universal Music Group NV
OTC:UNVGY
Income Statement
Earnings Waterfall
Universal Music Group NV
Revenue
|
11.1B
EUR
|
Cost of Revenue
|
-6.2B
EUR
|
Gross Profit
|
4.9B
EUR
|
Operating Expenses
|
-3.5B
EUR
|
Operating Income
|
1.4B
EUR
|
Other Expenses
|
-159m
EUR
|
Net Income
|
1.3B
EUR
|
Income Statement
Universal Music Group NV
Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|
Revenue | ||||||
Revenue |
8 504
N/A
|
9 407
+11%
|
10 340
+10%
|
10 754
+4%
|
11 108
+3%
|
|
Gross Profit | ||||||
Cost of Revenue |
(4 608)
|
(5 169)
|
(5 753)
|
(5 956)
|
(6 208)
|
|
Gross Profit |
3 896
N/A
|
4 238
+9%
|
4 587
+8%
|
4 798
+5%
|
4 900
+2%
|
|
Operating Income | ||||||
Operating Expenses |
(2 502)
|
(2 764)
|
(2 987)
|
(3 372)
|
(3 482)
|
|
Selling, General & Administrative |
(2 502)
|
(2 762)
|
(2 593)
|
(2 954)
|
(3 107)
|
|
Depreciation & Amortization |
0
|
0
|
(394)
|
(420)
|
(375)
|
|
Operating Income |
1 394
N/A
|
1 474
+6%
|
1 600
+9%
|
1 426
-11%
|
1 418
-1%
|
|
Pre-Tax Income | ||||||
Interest Income Expense |
(312)
|
(784)
|
(685)
|
166
|
303
|
|
Non-Reccuring Items |
98
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(15)
|
71
|
(15)
|
(31)
|
0
|
|
Pre-Tax Income |
1 165
N/A
|
761
-35%
|
900
+18%
|
1 561
+73%
|
1 721
+10%
|
|
Net Income | ||||||
Tax Provision |
(277)
|
(84)
|
(115)
|
(391)
|
(458)
|
|
Income from Continuing Operations |
888
|
677
|
785
|
1 170
|
1 263
|
|
Income to Minority Interest |
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
|
Net Income (Common) |
886
N/A
|
675
-24%
|
782
+16%
|
1 166
+49%
|
1 259
+8%
|
|
EPS (Diluted) |
0.49
N/A
|
0.37
-24%
|
0.43
+16%
|
0.64
+49%
|
0.68
+6%
|