Ero Copper Corp
TSX:ERO
Income Statement
Earnings Waterfall
Ero Copper Corp
Revenue
|
427.5m
USD
|
Cost of Revenue
|
-270.6m
USD
|
Gross Profit
|
156.8m
USD
|
Operating Expenses
|
-61.6m
USD
|
Operating Income
|
95.2m
USD
|
Other Expenses
|
-2.4m
USD
|
Net Income
|
92.8m
USD
|
Income Statement
Ero Copper Corp
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 |
45
N/A
|
78
+74%
|
115
+49%
|
143
+24%
|
172
+20%
|
186
+8%
|
233
+25%
|
301
+29%
|
317
+5%
|
330
+4%
|
285
-14%
|
281
-2%
|
275
-2%
|
309
+12%
|
324
+5%
|
379
+17%
|
429
+13%
|
446
+4%
|
490
+10%
|
476
-3%
|
470
-1%
|
445
-6%
|
426
-4%
|
418
-2%
|
408
-2%
|
428
+5%
|
427
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||
Cost of Revenue |
(43)
|
(70)
|
(103)
|
(120)
|
(138)
|
(139)
|
(151)
|
(184)
|
(183)
|
(194)
|
(168)
|
(165)
|
(152)
|
(148)
|
(136)
|
(139)
|
(144)
|
(153)
|
(171)
|
(179)
|
(206)
|
(226)
|
(239)
|
(252)
|
(253)
|
(260)
|
(271)
|
|
Gross Profit |
2
N/A
|
8
+262%
|
13
+70%
|
23
+75%
|
34
+49%
|
47
+40%
|
82
+75%
|
117
+43%
|
134
+14%
|
136
+2%
|
117
-14%
|
115
-2%
|
123
+6%
|
161
+31%
|
188
+17%
|
240
+28%
|
284
+18%
|
293
+3%
|
319
+9%
|
297
-7%
|
264
-11%
|
219
-17%
|
187
-14%
|
166
-11%
|
155
-7%
|
168
+8%
|
157
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||
Operating Expenses |
(8)
|
(12)
|
(21)
|
(22)
|
(26)
|
(29)
|
(32)
|
(41)
|
(36)
|
(37)
|
(39)
|
(41)
|
(40)
|
(40)
|
(37)
|
(38)
|
(42)
|
(44)
|
(47)
|
(49)
|
(47)
|
(52)
|
(57)
|
(61)
|
(70)
|
(67)
|
(62)
|
|
Selling, General & Administrative |
(8)
|
(12)
|
(21)
|
(22)
|
(26)
|
(28)
|
(32)
|
(35)
|
(36)
|
(37)
|
(39)
|
(40)
|
(40)
|
(40)
|
(37)
|
(38)
|
(41)
|
(44)
|
(46)
|
(49)
|
(47)
|
(52)
|
(57)
|
(61)
|
(69)
|
(66)
|
(60)
|
|
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)
|
(0)
|
(1)
|
(1)
|
(2)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(6)
N/A
|
(4)
+30%
|
(8)
-92%
|
1
N/A
|
8
+888%
|
19
+134%
|
50
+170%
|
77
+54%
|
97
+26%
|
99
+2%
|
79
-20%
|
74
-6%
|
83
+12%
|
121
+46%
|
151
+25%
|
202
+34%
|
243
+20%
|
249
+2%
|
272
+9%
|
248
-9%
|
217
-13%
|
166
-23%
|
130
-22%
|
105
-19%
|
85
-19%
|
101
+18%
|
95
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||
Interest Income Expense |
(11)
|
(7)
|
(21)
|
(19)
|
(38)
|
(48)
|
(35)
|
(37)
|
(9)
|
(17)
|
(17)
|
(98)
|
(115)
|
(112)
|
(91)
|
(35)
|
13
|
4
|
(24)
|
21
|
(16)
|
2
|
10
|
0
|
25
|
11
|
32
|
|
Non-Reccuring Items |
0
|
0
|
29
|
29
|
29
|
29
|
(6)
|
0
|
(7)
|
(7)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(3)
|
2
|
(4)
|
(1)
|
0
|
(7)
|
(9)
|
(14)
|
7
|
15
|
14
|
15
|
(7)
|
2
|
2
|
1
|
(1)
|
(11)
|
(11)
|
(13)
|
(7)
|
(13)
|
(10)
|
(9)
|
(15)
|
(15)
|
|
Pre-Tax Income |
(18)
N/A
|
(14)
+22%
|
2
N/A
|
6
+211%
|
(2)
N/A
|
0
N/A
|
3
N/A
|
31
+1 044%
|
68
+118%
|
81
+20%
|
75
-8%
|
(11)
N/A
|
(17)
-54%
|
2
N/A
|
61
+2 970%
|
169
+175%
|
258
+52%
|
252
-2%
|
237
-6%
|
258
+9%
|
188
-27%
|
161
-14%
|
126
-22%
|
94
-25%
|
101
+7%
|
97
-4%
|
112
+16%
|
|
Net Income | ||||||||||||||||||||||||||||
Tax Provision |
1
|
16
|
16
|
16
|
17
|
2
|
(6)
|
(9)
|
(13)
|
(15)
|
18
|
35
|
34
|
30
|
(9)
|
(31)
|
(44)
|
(43)
|
(34)
|
(35)
|
(24)
|
(20)
|
(23)
|
(19)
|
(20)
|
(17)
|
(18)
|
|
Income from Continuing Operations |
(17)
|
2
|
18
|
22
|
15
|
2
|
(3)
|
21
|
55
|
66
|
93
|
24
|
16
|
32
|
53
|
138
|
214
|
209
|
203
|
223
|
163
|
141
|
103
|
75
|
81
|
80
|
94
|
|
Income to Minority Interest |
4
|
5
|
5
|
3
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
Net Income (Common) |
(16)
N/A
|
3
N/A
|
23
+676%
|
26
+15%
|
18
-30%
|
5
-72%
|
(3)
N/A
|
10
N/A
|
44
+320%
|
55
+25%
|
92
+68%
|
24
-74%
|
16
-32%
|
31
+91%
|
52
+66%
|
136
+164%
|
212
+56%
|
207
-2%
|
201
-3%
|
221
+10%
|
162
-27%
|
139
-14%
|
102
-27%
|
74
-27%
|
80
+8%
|
78
-2%
|
93
+18%
|
|
EPS (Diluted) |
-0.22
N/A
|
0.04
N/A
|
0.35
+775%
|
0.3
-14%
|
0.21
-30%
|
0.05
-76%
|
-0.04
N/A
|
0.11
N/A
|
0.48
+336%
|
0.6
+25%
|
1.01
+68%
|
0.27
-73%
|
0.17
-37%
|
0.33
+94%
|
0.56
+70%
|
1.46
+161%
|
2.27
+55%
|
2.21
-3%
|
2.21
N/A
|
2.41
+9%
|
1.77
-27%
|
1.53
-14%
|
1.1
-28%
|
0.79
-28%
|
0.84
+6%
|
0.83
-1%
|
0.98
+18%
|