Lem Holding SA
SIX:LEHN
Income Statement
Earnings Waterfall
Lem Holding SA
Revenue
|
637.2m
CHF
|
Cost of Revenue
|
-338.3m
CHF
|
Gross Profit
|
298.9m
CHF
|
Operating Expenses
|
-157.1m
CHF
|
Operating Income
|
141.9m
CHF
|
Other Expenses
|
-25.8m
CHF
|
Net Income
|
116.1m
CHF
|
Income Statement
Lem Holding SA
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
240
N/A
|
246
+2%
|
249
+1%
|
250
+1%
|
257
+3%
|
258
+0%
|
254
-1%
|
258
+1%
|
260
+1%
|
261
+0%
|
267
+2%
|
263
-2%
|
260
-1%
|
265
+2%
|
274
+3%
|
284
+4%
|
292
+3%
|
301
+3%
|
313
+4%
|
318
+1%
|
321
+1%
|
322
+0%
|
392
+22%
|
470
+20%
|
471
+0%
|
308
-35%
|
459
+49%
|
444
-3%
|
441
-1%
|
301
-32%
|
468
+56%
|
508
+8%
|
526
+3%
|
373
-29%
|
556
+49%
|
570
+3%
|
582
+2%
|
406
-30%
|
622
+53%
|
648
+4%
|
637
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(134)
|
(130)
|
(132)
|
(133)
|
(137)
|
(139)
|
(138)
|
(140)
|
(141)
|
(141)
|
(144)
|
(141)
|
(139)
|
(141)
|
(146)
|
(152)
|
(158)
|
(162)
|
(170)
|
(171)
|
(172)
|
(175)
|
(211)
|
(253)
|
(253)
|
(165)
|
(247)
|
(240)
|
(239)
|
(160)
|
(250)
|
(270)
|
(278)
|
(196)
|
(291)
|
(297)
|
(304)
|
(214)
|
(329)
|
(344)
|
(338)
|
|
Gross Profit |
107
N/A
|
115
+8%
|
117
+1%
|
117
+0%
|
120
+3%
|
118
-2%
|
117
-1%
|
117
+1%
|
119
+2%
|
120
+1%
|
123
+2%
|
122
-1%
|
121
0%
|
124
+2%
|
128
+4%
|
132
+3%
|
134
+1%
|
139
+4%
|
144
+4%
|
147
+2%
|
150
+2%
|
146
-2%
|
181
+24%
|
218
+20%
|
218
+0%
|
143
-35%
|
212
+49%
|
204
-4%
|
202
-1%
|
141
-30%
|
218
+55%
|
238
+9%
|
248
+4%
|
177
-28%
|
265
+50%
|
273
+3%
|
278
+2%
|
192
-31%
|
293
+52%
|
304
+4%
|
299
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(58)
|
(60)
|
(61)
|
(62)
|
(63)
|
(64)
|
(65)
|
(68)
|
(68)
|
(67)
|
(68)
|
(66)
|
(68)
|
(68)
|
(70)
|
(71)
|
(73)
|
(76)
|
(78)
|
(80)
|
(82)
|
(82)
|
(103)
|
(125)
|
(126)
|
(84)
|
(126)
|
(121)
|
(119)
|
(80)
|
(121)
|
(127)
|
(130)
|
(89)
|
(135)
|
(140)
|
(144)
|
(100)
|
(152)
|
(157)
|
(157)
|
|
Selling, General & Administrative |
(43)
|
(45)
|
(47)
|
(48)
|
(49)
|
(49)
|
(50)
|
(53)
|
(54)
|
(53)
|
(53)
|
(51)
|
(52)
|
(52)
|
(53)
|
(53)
|
(54)
|
(55)
|
(55)
|
(56)
|
(56)
|
(54)
|
(68)
|
(82)
|
(83)
|
(57)
|
(84)
|
(81)
|
(80)
|
(53)
|
(80)
|
(83)
|
(85)
|
(60)
|
(90)
|
(93)
|
(97)
|
(68)
|
(104)
|
(108)
|
(108)
|
|
Research & Development |
(15)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
0
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(18)
|
(20)
|
(21)
|
(23)
|
(24)
|
(26)
|
(28)
|
(35)
|
(43)
|
(44)
|
(28)
|
(42)
|
(41)
|
0
|
(28)
|
(36)
|
(38)
|
(45)
|
(29)
|
(45)
|
(47)
|
(47)
|
(32)
|
(49)
|
(50)
|
(49)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(39)
|
1
|
(5)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
49
N/A
|
56
+15%
|
56
+1%
|
55
-2%
|
57
+4%
|
54
-6%
|
51
-6%
|
49
-3%
|
51
+3%
|
53
+4%
|
56
+5%
|
56
0%
|
54
-3%
|
56
+3%
|
58
+5%
|
60
+3%
|
61
+1%
|
63
+4%
|
66
+4%
|
67
+2%
|
67
+1%
|
65
-4%
|
78
+21%
|
93
+19%
|
92
-1%
|
58
-37%
|
86
+48%
|
83
-4%
|
83
+1%
|
61
-27%
|
97
+60%
|
111
+14%
|
118
+6%
|
88
-25%
|
130
+47%
|
134
+3%
|
134
+0%
|
92
-31%
|
141
+53%
|
147
+4%
|
142
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(1)
|
0
|
(2)
|
(3)
|
(3)
|
(2)
|
(0)
|
(0)
|
1
|
0
|
0
|
1
|
(1)
|
(0)
|
1
|
2
|
1
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(2)
|
(3)
|
(6)
|
(9)
|
(7)
|
(3)
|
(5)
|
(5)
|
(8)
|
|
Total Other Income |
(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
|
|
Pre-Tax Income |
46
N/A
|
54
+19%
|
56
+3%
|
53
-6%
|
55
+4%
|
52
-5%
|
49
-5%
|
49
+1%
|
51
+3%
|
54
+6%
|
56
+5%
|
56
-1%
|
55
-2%
|
55
+0%
|
58
+6%
|
61
+5%
|
62
+2%
|
64
+4%
|
65
+1%
|
65
+1%
|
66
+0%
|
62
-5%
|
76
+23%
|
90
+17%
|
90
+0%
|
56
-38%
|
84
+51%
|
82
-2%
|
82
+0%
|
61
-26%
|
97
+59%
|
110
+14%
|
115
+5%
|
85
-26%
|
124
+45%
|
125
+1%
|
127
+2%
|
89
-30%
|
136
+53%
|
142
+4%
|
134
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(9)
|
(9)
|
(10)
|
(10)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(12)
|
(14)
|
1
|
5
|
15
|
15
|
1
|
(5)
|
(12)
|
(13)
|
(12)
|
(13)
|
(18)
|
(19)
|
(20)
|
(14)
|
(20)
|
(18)
|
(17)
|
|
Income from Continuing Operations |
37
|
46
|
47
|
43
|
46
|
43
|
41
|
41
|
41
|
43
|
45
|
46
|
45
|
45
|
47
|
49
|
50
|
54
|
55
|
55
|
55
|
52
|
64
|
76
|
91
|
61
|
99
|
97
|
83
|
56
|
86
|
97
|
103
|
72
|
106
|
106
|
107
|
75
|
116
|
124
|
116
|
|
Net Income (Common) |
37
N/A
|
46
+23%
|
47
+2%
|
43
-9%
|
46
+7%
|
43
-5%
|
41
-4%
|
41
+0%
|
41
+0%
|
43
+5%
|
45
+4%
|
46
+1%
|
45
-2%
|
45
0%
|
47
+6%
|
49
+4%
|
50
+2%
|
54
+9%
|
55
+0%
|
55
+1%
|
55
+0%
|
52
-5%
|
64
+23%
|
76
+17%
|
91
+20%
|
61
-33%
|
99
+63%
|
97
-2%
|
83
-15%
|
56
-33%
|
86
+54%
|
97
+14%
|
103
+6%
|
72
-30%
|
106
+46%
|
106
+0%
|
107
+1%
|
75
-30%
|
116
+54%
|
124
+7%
|
116
-6%
|
|
EPS (Diluted) |
32.45
N/A
|
41.45
+28%
|
40.86
-1%
|
37.03
-9%
|
40.03
+8%
|
37.86
-5%
|
36.23
-4%
|
36.05
0%
|
36.37
+1%
|
38.18
+5%
|
39.8
+4%
|
39.81
+0%
|
39.19
-2%
|
39.11
0%
|
41.26
+5%
|
42.53
+3%
|
43.82
+3%
|
47.76
+9%
|
47.97
+0%
|
48.07
+0%
|
48.57
+1%
|
45.97
-5%
|
56.52
+23%
|
66.39
+17%
|
79.84
+20%
|
53.27
-33%
|
86.65
+63%
|
85.15
-2%
|
72.64
-15%
|
48.79
-33%
|
75.05
+54%
|
85.39
+14%
|
90.57
+6%
|
63.5
-30%
|
92.65
+46%
|
92.62
0%
|
93.96
+1%
|
66.07
-30%
|
101.76
+54%
|
108.76
+7%
|
101.72
-6%
|