Note AB (publ)
STO:NOTE
Income Statement
Earnings Waterfall
Note AB (publ)
Revenue
|
4.2B
SEK
|
Cost of Revenue
|
-3.7B
SEK
|
Gross Profit
|
505.8m
SEK
|
Operating Expenses
|
-97.1m
SEK
|
Operating Income
|
408.6m
SEK
|
Other Expenses
|
-109.7m
SEK
|
Net Income
|
299m
SEK
|
Income Statement
Note AB (publ)
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
925
N/A
|
937
+1%
|
971
+4%
|
964
-1%
|
1 007
+4%
|
1 038
+3%
|
1 064
+3%
|
1 122
+5%
|
1 125
+0%
|
1 128
+0%
|
1 115
-1%
|
1 098
-2%
|
1 096
0%
|
1 122
+2%
|
1 139
+1%
|
1 176
+3%
|
1 207
+3%
|
1 249
+3%
|
1 307
+5%
|
1 379
+5%
|
1 476
+7%
|
1 562
+6%
|
1 672
+7%
|
1 760
+5%
|
1 829
+4%
|
1 892
+3%
|
1 891
0%
|
1 874
-1%
|
1 901
+1%
|
2 043
+7%
|
2 295
+12%
|
2 643
+15%
|
2 962
+12%
|
3 218
+9%
|
3 463
+8%
|
3 687
+6%
|
3 917
+6%
|
4 097
+5%
|
4 201
+3%
|
4 243
+1%
|
4 247
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(846)
|
(853)
|
(870)
|
(862)
|
(898)
|
(925)
|
(950)
|
(999)
|
(999)
|
(997)
|
(984)
|
(966)
|
(966)
|
(991)
|
(1 003)
|
(1 035)
|
(1 064)
|
(1 097)
|
(1 148)
|
(1 207)
|
(1 290)
|
(1 370)
|
(1 471)
|
(1 554)
|
(1 615)
|
(1 670)
|
(1 669)
|
(1 649)
|
(1 671)
|
(1 785)
|
(1 994)
|
(2 290)
|
(2 566)
|
(2 788)
|
(3 036)
|
(3 214)
|
(3 411)
|
(3 572)
|
(3 635)
|
(3 730)
|
(3 742)
|
|
Gross Profit |
79
N/A
|
84
+6%
|
102
+21%
|
102
+1%
|
109
+6%
|
113
+4%
|
115
+1%
|
123
+7%
|
126
+3%
|
132
+4%
|
131
0%
|
132
+0%
|
130
-1%
|
131
+1%
|
136
+4%
|
140
+3%
|
143
+2%
|
151
+6%
|
159
+5%
|
172
+8%
|
186
+8%
|
192
+3%
|
201
+5%
|
206
+3%
|
214
+4%
|
222
+4%
|
222
N/A
|
225
+1%
|
230
+2%
|
258
+12%
|
301
+17%
|
354
+18%
|
397
+12%
|
431
+9%
|
428
-1%
|
473
+11%
|
506
+7%
|
525
+4%
|
566
+8%
|
514
-9%
|
506
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(64)
|
(66)
|
(68)
|
(71)
|
(71)
|
(72)
|
(72)
|
(77)
|
(79)
|
(80)
|
(77)
|
(71)
|
(54)
|
(50)
|
(49)
|
(69)
|
(63)
|
(68)
|
(80)
|
(63)
|
(92)
|
(91)
|
(83)
|
(58)
|
(83)
|
(80)
|
(76)
|
(52)
|
(74)
|
(84)
|
(99)
|
(76)
|
(110)
|
(121)
|
(125)
|
(58)
|
(125)
|
(121)
|
(125)
|
(80)
|
(97)
|
|
Selling, General & Administrative |
(64)
|
(66)
|
(68)
|
(69)
|
(71)
|
(73)
|
(73)
|
(78)
|
(78)
|
(78)
|
(75)
|
(71)
|
(74)
|
(73)
|
(74)
|
(73)
|
(70)
|
(71)
|
(80)
|
(83)
|
(86)
|
(88)
|
(81)
|
(81)
|
(84)
|
(85)
|
(86)
|
(83)
|
(83)
|
(88)
|
(95)
|
(98)
|
(109)
|
(111)
|
(113)
|
(114)
|
(119)
|
(123)
|
(132)
|
(139)
|
(147)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
|
Other Operating Expenses |
(0)
|
0
|
(1)
|
(2)
|
(0)
|
1
|
1
|
2
|
(1)
|
(2)
|
(2)
|
0
|
20
|
23
|
26
|
4
|
7
|
3
|
(0)
|
21
|
(6)
|
(3)
|
(2)
|
24
|
0
|
4
|
9
|
33
|
9
|
4
|
(4)
|
24
|
(1)
|
(10)
|
(12)
|
58
|
(6)
|
2
|
7
|
61
|
50
|
|
Operating Income |
15
N/A
|
18
+27%
|
33
+82%
|
31
-6%
|
38
+21%
|
42
+10%
|
43
+3%
|
45
+6%
|
48
+5%
|
52
+9%
|
54
+5%
|
60
+11%
|
76
+27%
|
81
+6%
|
87
+7%
|
71
-18%
|
80
+12%
|
83
+4%
|
79
-6%
|
109
+39%
|
94
-14%
|
102
+8%
|
118
+16%
|
148
+26%
|
131
-11%
|
142
+8%
|
146
+3%
|
173
+18%
|
156
-10%
|
174
+12%
|
202
+16%
|
278
+37%
|
287
+3%
|
310
+8%
|
303
-2%
|
415
+37%
|
381
-8%
|
404
+6%
|
441
+9%
|
434
-2%
|
409
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(8)
|
(6)
|
1
|
(2)
|
(4)
|
(4)
|
1
|
(6)
|
(6)
|
(6)
|
(1)
|
(6)
|
(5)
|
(5)
|
(1)
|
(5)
|
(6)
|
(5)
|
(27)
|
(5)
|
(6)
|
(7)
|
(29)
|
(11)
|
(9)
|
(10)
|
(33)
|
(4)
|
(6)
|
(8)
|
(37)
|
(19)
|
(28)
|
(33)
|
(98)
|
(35)
|
(34)
|
(38)
|
(76)
|
(45)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
39
|
0
|
|
Total Other Income |
0
|
0
|
0
|
(3)
|
(1)
|
(2)
|
0
|
(7)
|
1
|
(0)
|
(0)
|
(5)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
|
Pre-Tax Income |
6
N/A
|
11
+71%
|
27
+151%
|
29
+6%
|
36
+25%
|
38
+6%
|
39
+2%
|
40
+3%
|
42
+5%
|
46
+11%
|
49
+5%
|
54
+12%
|
71
+30%
|
76
+8%
|
82
+8%
|
89
+8%
|
75
-16%
|
77
+3%
|
73
-5%
|
79
+7%
|
89
+13%
|
96
+8%
|
111
+16%
|
116
+4%
|
120
+3%
|
133
+11%
|
136
+2%
|
143
+5%
|
153
+7%
|
169
+10%
|
195
+15%
|
237
+22%
|
268
+13%
|
282
+5%
|
270
-4%
|
311
+15%
|
346
+11%
|
370
+7%
|
403
+9%
|
390
-3%
|
364
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(2)
|
(4)
|
(5)
|
(5)
|
(4)
|
(5)
|
(6)
|
(8)
|
(9)
|
(9)
|
(9)
|
(14)
|
(15)
|
(17)
|
(17)
|
(14)
|
(16)
|
(15)
|
(17)
|
(18)
|
(22)
|
(24)
|
(27)
|
(29)
|
(26)
|
(27)
|
(28)
|
(31)
|
(37)
|
(43)
|
(49)
|
(51)
|
(47)
|
(57)
|
(63)
|
(67)
|
(75)
|
(70)
|
(65)
|
|
Income from Continuing Operations |
5
|
9
|
25
|
25
|
31
|
34
|
35
|
35
|
36
|
38
|
39
|
45
|
62
|
63
|
67
|
72
|
57
|
63
|
58
|
64
|
72
|
78
|
89
|
92
|
93
|
104
|
110
|
116
|
125
|
138
|
158
|
194
|
219
|
231
|
223
|
254
|
283
|
303
|
328
|
320
|
299
|
|
Net Income (Common) |
5
N/A
|
9
+76%
|
25
+193%
|
25
-2%
|
31
+25%
|
34
+9%
|
35
+3%
|
35
0%
|
36
+2%
|
38
+7%
|
39
+3%
|
45
+15%
|
62
+37%
|
63
+1%
|
67
+8%
|
72
+7%
|
57
-21%
|
63
+9%
|
58
-8%
|
64
+11%
|
72
+12%
|
78
+8%
|
89
+14%
|
92
+4%
|
93
+1%
|
104
+12%
|
110
+6%
|
116
+5%
|
125
+8%
|
107
-14%
|
127
+19%
|
194
+53%
|
219
+13%
|
231
+5%
|
223
-3%
|
254
+14%
|
283
+11%
|
303
+7%
|
328
+8%
|
320
-3%
|
299
-7%
|
|
EPS (Diluted) |
0.17
N/A
|
0.3
+76%
|
0.87
+190%
|
0.85
-2%
|
1.07
+26%
|
1.16
+8%
|
1.2
+3%
|
1.2
N/A
|
1.22
+2%
|
1.31
+7%
|
1.35
+3%
|
1.57
+16%
|
2.14
+36%
|
2.16
+1%
|
2.27
+5%
|
2.47
+9%
|
1.97
-20%
|
2.16
+10%
|
1.98
-8%
|
2.22
+12%
|
2.44
+10%
|
2.59
+6%
|
3.06
+18%
|
3.18
+4%
|
3.3
+4%
|
3.67
+11%
|
3.84
+5%
|
4.05
+5%
|
4.33
+7%
|
3.7
-15%
|
4.38
+18%
|
6.72
+53%
|
7.59
+13%
|
7.98
+5%
|
7.7
-4%
|
8.77
+14%
|
9.77
+11%
|
10.46
+7%
|
11.32
+8%
|
11.04
-2%
|
10.31
-7%
|