Midway Holding AB
STO:MIDW B
Income Statement
Earnings Waterfall
Midway Holding AB
Revenue
|
1.2B
SEK
|
Cost of Revenue
|
-835.5m
SEK
|
Gross Profit
|
390.4m
SEK
|
Operating Expenses
|
-298m
SEK
|
Operating Income
|
92.4m
SEK
|
Other Expenses
|
-32.9m
SEK
|
Net Income
|
59.5m
SEK
|
Income Statement
Midway Holding AB
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||
Revenue |
723
N/A
|
632
-13%
|
612
-3%
|
588
-4%
|
606
+3%
|
711
+17%
|
778
+9%
|
863
+11%
|
969
+12%
|
1 057
+9%
|
1 143
+8%
|
1 168
+2%
|
1 242
+6%
|
1 226
-1%
|
|
Gross Profit | |||||||||||||||
Cost of Revenue |
(499)
|
(436)
|
(427)
|
(415)
|
(427)
|
(491)
|
(530)
|
(587)
|
(654)
|
(722)
|
(783)
|
(807)
|
(861)
|
(836)
|
|
Gross Profit |
224
N/A
|
196
-13%
|
185
-6%
|
173
-6%
|
179
+3%
|
220
+23%
|
248
+13%
|
277
+12%
|
316
+14%
|
336
+6%
|
361
+7%
|
361
+0%
|
381
+6%
|
390
+2%
|
|
Operating Income | |||||||||||||||
Operating Expenses |
(175)
|
(167)
|
(164)
|
(156)
|
(155)
|
(172)
|
(188)
|
(207)
|
(220)
|
(229)
|
(246)
|
(259)
|
(282)
|
(298)
|
|
Selling, General & Administrative |
(175)
|
(165)
|
(158)
|
(150)
|
(147)
|
(161)
|
(173)
|
(190)
|
(203)
|
(215)
|
(234)
|
(266)
|
(289)
|
(304)
|
|
Research & Development |
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
|
Other Operating Expenses |
(0)
|
(2)
|
(6)
|
9
|
(9)
|
(12)
|
(16)
|
(1)
|
(17)
|
(14)
|
(12)
|
28
|
7
|
6
|
|
Operating Income |
49
N/A
|
29
-41%
|
21
-27%
|
17
-21%
|
24
+42%
|
48
+101%
|
60
+25%
|
70
+17%
|
96
+37%
|
107
+12%
|
115
+8%
|
102
-11%
|
99
-3%
|
92
-7%
|
|
Pre-Tax Income | |||||||||||||||
Interest Income Expense |
(13)
|
(15)
|
(16)
|
(18)
|
(8)
|
(4)
|
(5)
|
8
|
(7)
|
(7)
|
(7)
|
(10)
|
(20)
|
(23)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
8
|
5
|
6
|
0
|
6
|
7
|
11
|
0
|
2
|
11
|
|
Pre-Tax Income |
37
N/A
|
15
-60%
|
6
-62%
|
(2)
N/A
|
24
N/A
|
49
+106%
|
61
+25%
|
78
+28%
|
95
+22%
|
107
+13%
|
119
+11%
|
92
-22%
|
81
-12%
|
80
-1%
|
|
Net Income | |||||||||||||||
Tax Provision |
(4)
|
2
|
2
|
1
|
(4)
|
(10)
|
(12)
|
(20)
|
(24)
|
(26)
|
(29)
|
(22)
|
(20)
|
(21)
|
|
Income from Continuing Operations |
32
|
16
|
7
|
(1)
|
19
|
38
|
48
|
58
|
71
|
81
|
90
|
71
|
62
|
60
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
11
N/A
|
16
+45%
|
7
-56%
|
(1)
N/A
|
19
N/A
|
38
+98%
|
48
+26%
|
58
+20%
|
71
+22%
|
81
+14%
|
90
+11%
|
71
-22%
|
62
-13%
|
60
-3%
|
|
EPS (Diluted) |
0.41
N/A
|
0.61
+49%
|
0.28
-54%
|
-0.02
N/A
|
0.71
N/A
|
1.41
+99%
|
1.77
+26%
|
2.13
+20%
|
2.6
+22%
|
2.97
+14%
|
3.3
+11%
|
2.55
-23%
|
2.25
-12%
|
2.18
-3%
|