Mare Nostrum SA
PAR:ALMAR
Income Statement
Earnings Waterfall
Mare Nostrum SA
Income Statement
Mare Nostrum SA
| Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Interest Expense |
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
2
|
2
|
1
|
0
|
|
| Revenue |
165
N/A
|
135
-18%
|
123
-9%
|
146
+19%
|
156
+6%
|
165
+6%
|
172
+5%
|
176
+2%
|
170
-3%
|
150
-12%
|
121
-19%
|
110
-9%
|
|
| Gross Profit | |||||||||||||
| Cost of Revenue |
(2)
|
(2)
|
(4)
|
(4)
|
(3)
|
(2)
|
(5)
|
(6)
|
(7)
|
(7)
|
(6)
|
(5)
|
|
| Gross Profit |
162
N/A
|
134
-17%
|
120
-11%
|
142
+19%
|
152
+7%
|
162
+6%
|
167
+3%
|
170
+1%
|
163
-4%
|
143
-12%
|
115
-20%
|
104
-9%
|
|
| Operating Income | |||||||||||||
| Operating Expenses |
(160)
|
(136)
|
(124)
|
(143)
|
(151)
|
(161)
|
(168)
|
(171)
|
(172)
|
(154)
|
(119)
|
(109)
|
|
| Selling, General & Administrative |
(136)
|
(115)
|
(123)
|
(143)
|
(129)
|
(162)
|
(169)
|
(173)
|
(169)
|
(138)
|
(98)
|
(85)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(5)
|
(5)
|
(2)
|
(3)
|
|
| Other Operating Expenses |
(24)
|
(20)
|
1
|
2
|
(21)
|
3
|
2
|
3
|
2
|
(10)
|
(19)
|
(20)
|
|
| Operating Income |
2
N/A
|
(2)
N/A
|
(4)
-155%
|
(1)
+84%
|
1
N/A
|
1
+1%
|
(0)
N/A
|
(2)
-269%
|
(9)
-437%
|
(11)
-22%
|
(4)
+61%
|
(5)
-7%
|
|
| Pre-Tax Income | |||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
|
| Non-Reccuring Items |
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
(2)
|
(5)
|
(3)
|
(1)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
1
|
0
|
(0)
|
0
|
0
|
(1)
|
0
|
1
|
(0)
|
(0)
|
|
| Total Other Income |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(3)
|
|
| Pre-Tax Income |
1
N/A
|
(3)
N/A
|
(5)
-48%
|
(1)
+74%
|
(0)
+87%
|
(0)
+71%
|
(1)
-2 000%
|
(2)
-134%
|
(11)
-372%
|
(16)
-42%
|
(10)
+37%
|
(9)
+10%
|
|
| Net Income | |||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
|
| Income from Continuing Operations |
0
|
(4)
|
(6)
|
(2)
|
(0)
|
(0)
|
(2)
|
(3)
|
(12)
|
(16)
|
(10)
|
(10)
|
|
| Income to Minority Interest |
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
0
|
|
| Equity Earnings Affiliates |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
|
| Net Income (Common) |
0
N/A
|
(4)
N/A
|
(6)
-32%
|
(1)
+84%
|
(1)
+40%
|
(0)
+20%
|
(2)
-394%
|
(3)
-55%
|
(12)
-256%
|
(16)
-34%
|
(10)
+37%
|
(9)
+8%
|
|
| EPS (Diluted) |
0.05
N/A
|
-0.55
N/A
|
-0.74
-35%
|
-0.11
+85%
|
-0.07
+36%
|
-0.06
+14%
|
-0.28
-367%
|
-0.43
-54%
|
-1.55
-260%
|
-2.07
-34%
|
-1.31
+37%
|
-1.2
+8%
|
|