Frey SA
PAR:FREY
Income Statement
Earnings Waterfall
Frey SA
Income Statement
Frey SA
| Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | 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
|
2
|
2
|
3
|
4
|
4
|
4
|
5
|
5
|
6
|
7
|
7
|
7
|
7
|
7
|
7
|
8
|
8
|
8
|
8
|
7
|
7
|
8
|
8
|
9
|
14
|
26
|
47
|
61
|
62
|
59
|
|
| Revenue |
24
N/A
|
30
+29%
|
48
+59%
|
45
-7%
|
27
-41%
|
33
+24%
|
42
+27%
|
36
-13%
|
24
-33%
|
19
-20%
|
33
+73%
|
40
+21%
|
39
-2%
|
36
-9%
|
27
-26%
|
27
0%
|
29
+11%
|
35
+18%
|
57
+64%
|
64
+13%
|
69
+8%
|
85
+22%
|
107
+27%
|
109
+2%
|
99
-10%
|
116
+17%
|
124
+7%
|
135
+9%
|
149
+10%
|
174
+17%
|
191
+10%
|
189
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||
| Cost of Revenue |
(22)
|
(24)
|
(39)
|
(36)
|
(20)
|
(24)
|
(28)
|
(23)
|
(13)
|
(9)
|
(19)
|
(24)
|
(24)
|
(19)
|
(9)
|
(8)
|
(8)
|
(10)
|
(28)
|
(31)
|
(29)
|
(37)
|
(50)
|
(47)
|
(33)
|
(42)
|
(44)
|
(42)
|
(47)
|
(58)
|
(64)
|
(61)
|
|
| Gross Profit |
2
N/A
|
6
+210%
|
10
+57%
|
9
-10%
|
7
-25%
|
9
+35%
|
13
+50%
|
13
-3%
|
12
-10%
|
11
-9%
|
14
+33%
|
16
+13%
|
16
-1%
|
16
+4%
|
17
+6%
|
19
+8%
|
21
+13%
|
24
+14%
|
28
+17%
|
33
+14%
|
40
+23%
|
48
+19%
|
58
+21%
|
63
+9%
|
65
+4%
|
74
+13%
|
80
+8%
|
92
+15%
|
102
+10%
|
116
+14%
|
127
+10%
|
128
+1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Expenses |
(3)
|
(4)
|
(5)
|
(3)
|
(4)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(6)
|
(7)
|
(10)
|
(12)
|
(11)
|
(12)
|
(14)
|
(15)
|
(32)
|
(30)
|
(20)
|
(24)
|
(25)
|
(23)
|
(21)
|
(22)
|
(20)
|
(26)
|
|
| Selling, General & Administrative |
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(8)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(9)
|
(12)
|
(13)
|
(15)
|
(14)
|
(14)
|
(15)
|
(17)
|
(22)
|
|
| Depreciation & Amortization |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Other Operating Expenses |
0
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(2)
|
(3)
|
(18)
|
(18)
|
(7)
|
(9)
|
(9)
|
(7)
|
(5)
|
(5)
|
(2)
|
(3)
|
|
| Operating Income |
(1)
N/A
|
2
N/A
|
5
+157%
|
6
+8%
|
3
-54%
|
3
+25%
|
8
+133%
|
7
-4%
|
6
-14%
|
7
+9%
|
10
+49%
|
11
+6%
|
10
-12%
|
10
+1%
|
11
+15%
|
12
+11%
|
11
-8%
|
12
+6%
|
17
+44%
|
21
+19%
|
26
+26%
|
32
+23%
|
25
-21%
|
33
+29%
|
45
+39%
|
50
+11%
|
55
+9%
|
70
+27%
|
81
+17%
|
95
+17%
|
107
+13%
|
102
-4%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||
| Interest Income Expense |
19
|
19
|
10
|
13
|
12
|
3
|
11
|
12
|
18
|
18
|
3
|
4
|
12
|
14
|
28
|
35
|
52
|
62
|
31
|
18
|
46
|
20
|
(27)
|
(1)
|
32
|
81
|
91
|
37
|
(49)
|
(52)
|
(45)
|
(75)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
(0)
|
4
|
4
|
(0)
|
1
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
7
|
2
|
2
|
2
|
2
|
(0)
|
(2)
|
(1)
|
0
|
|
| Total Other Income |
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
|
| Pre-Tax Income |
18
N/A
|
21
+17%
|
15
-29%
|
18
+24%
|
18
-2%
|
11
-40%
|
17
+63%
|
20
+12%
|
23
+19%
|
25
+5%
|
13
-47%
|
14
+10%
|
21
+46%
|
23
+7%
|
36
+59%
|
42
+18%
|
62
+46%
|
73
+18%
|
48
-34%
|
37
-22%
|
70
+86%
|
49
-29%
|
2
-95%
|
36
+1 451%
|
76
+113%
|
130
+72%
|
146
+12%
|
106
-27%
|
31
-71%
|
39
+27%
|
61
+57%
|
27
-56%
|
|
| Net Income | |||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(1)
|
(1)
|
(2)
|
1
|
2
|
2
|
(0)
|
0
|
1
|
1
|
1
|
(0)
|
(0)
|
(3)
|
(4)
|
(1)
|
(1)
|
(3)
|
(2)
|
(10)
|
(9)
|
1
|
(1)
|
(4)
|
(10)
|
(10)
|
(6)
|
(6)
|
(7)
|
(16)
|
(15)
|
|
| Income from Continuing Operations |
16
|
20
|
13
|
16
|
19
|
13
|
19
|
19
|
24
|
26
|
14
|
15
|
20
|
22
|
33
|
39
|
61
|
71
|
45
|
35
|
59
|
40
|
4
|
35
|
72
|
120
|
135
|
101
|
25
|
32
|
45
|
12
|
|
| Income to Minority Interest |
0
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(9)
|
(9)
|
(1)
|
(4)
|
(7)
|
(9)
|
(6)
|
(6)
|
(6)
|
(3)
|
(5)
|
(5)
|
|
| Equity Earnings Affiliates |
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) |
16
N/A
|
19
+23%
|
13
-34%
|
16
+25%
|
19
+17%
|
13
-31%
|
19
+47%
|
19
+3%
|
24
+22%
|
26
+9%
|
14
-45%
|
15
+5%
|
20
+37%
|
22
+9%
|
33
+47%
|
39
+18%
|
61
+58%
|
71
+17%
|
45
-37%
|
35
-22%
|
50
+41%
|
31
-37%
|
2
-92%
|
31
+1 195%
|
65
+113%
|
111
+70%
|
129
+16%
|
96
-26%
|
19
-80%
|
28
+51%
|
40
+41%
|
6
-84%
|
|
| EPS (Diluted) |
2.37
N/A
|
2.92
+23%
|
1.92
-34%
|
2.47
+29%
|
2.75
+11%
|
1.8
-35%
|
2.11
+17%
|
2.17
+3%
|
2.63
+21%
|
2.86
+9%
|
1.57
-45%
|
1.66
+6%
|
2.12
+28%
|
2.1
-1%
|
3.05
+45%
|
3.34
+10%
|
4.67
+40%
|
4.98
+7%
|
2.28
-54%
|
1.68
-26%
|
2.03
+21%
|
1.27
-37%
|
0.09
-93%
|
1.23
+1 267%
|
2.56
+108%
|
3.84
+50%
|
4.46
+16%
|
3.29
-26%
|
0.67
-80%
|
0.89
+33%
|
1.26
+42%
|
0.2
-84%
|
|