APS Energia SA
WSE:APE
Income Statement
Earnings Waterfall
APS Energia SA
Income Statement
APS Energia SA
| Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
|
| Revenue |
65
N/A
|
62
-6%
|
50
-19%
|
55
+9%
|
62
+14%
|
67
+7%
|
75
+12%
|
82
+10%
|
87
+6%
|
88
+1%
|
94
+6%
|
91
-3%
|
88
-3%
|
86
-3%
|
76
-11%
|
71
-7%
|
83
+18%
|
91
+9%
|
106
+16%
|
104
-2%
|
96
-8%
|
107
+11%
|
103
-3%
|
114
+10%
|
124
+9%
|
115
-7%
|
119
+3%
|
128
+8%
|
135
+5%
|
129
-4%
|
116
-10%
|
108
-7%
|
85
-21%
|
84
-2%
|
85
+1%
|
84
-2%
|
113
+36%
|
128
+13%
|
144
+12%
|
163
+13%
|
151
-7%
|
142
-6%
|
140
-2%
|
128
-8%
|
92
-28%
|
128
+39%
|
133
+4%
|
121
-9%
|
100
-18%
|
95
-5%
|
83
-13%
|
81
-3%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(39)
|
(38)
|
(33)
|
(35)
|
(39)
|
(42)
|
(47)
|
(54)
|
(59)
|
(61)
|
(65)
|
(66)
|
(66)
|
(64)
|
(57)
|
(53)
|
(61)
|
(67)
|
(81)
|
(81)
|
(77)
|
(82)
|
(78)
|
(84)
|
(90)
|
(87)
|
(90)
|
(93)
|
(91)
|
(89)
|
(80)
|
(77)
|
(67)
|
(62)
|
(63)
|
(63)
|
(78)
|
(95)
|
(106)
|
(115)
|
(111)
|
(103)
|
(100)
|
(94)
|
(69)
|
(96)
|
(98)
|
(93)
|
(73)
|
(67)
|
(59)
|
(55)
|
|
| Gross Profit |
26
N/A
|
24
-7%
|
17
-29%
|
19
+13%
|
23
+21%
|
24
+5%
|
27
+11%
|
28
+2%
|
28
+0%
|
27
-1%
|
28
+3%
|
25
-12%
|
23
-9%
|
21
-5%
|
19
-11%
|
18
-7%
|
23
+27%
|
24
+5%
|
25
+6%
|
23
-9%
|
19
-18%
|
24
+30%
|
25
+3%
|
29
+16%
|
34
+17%
|
28
-17%
|
29
+2%
|
35
+21%
|
43
+24%
|
40
-8%
|
36
-9%
|
32
-12%
|
19
-42%
|
22
+19%
|
22
-2%
|
21
-4%
|
36
+73%
|
34
-5%
|
38
+13%
|
48
+25%
|
40
-17%
|
40
0%
|
40
+1%
|
34
-15%
|
23
-31%
|
32
+35%
|
35
+10%
|
29
-17%
|
27
-6%
|
28
+5%
|
25
-13%
|
26
+4%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(19)
|
(19)
|
(19)
|
(20)
|
(22)
|
(23)
|
(26)
|
(29)
|
(30)
|
(30)
|
(27)
|
(24)
|
(21)
|
(22)
|
(23)
|
(21)
|
(25)
|
(24)
|
(28)
|
(33)
|
(36)
|
(38)
|
(39)
|
(38)
|
(26)
|
(36)
|
(38)
|
(37)
|
(39)
|
(42)
|
(37)
|
(33)
|
|
| Selling, General & Administrative |
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(15)
|
(18)
|
(18)
|
(18)
|
(16)
|
(20)
|
(19)
|
(20)
|
(19)
|
(20)
|
(20)
|
(21)
|
(21)
|
(23)
|
(25)
|
(25)
|
(26)
|
(27)
|
(27)
|
(27)
|
(23)
|
(24)
|
(26)
|
(26)
|
(26)
|
(28)
|
(29)
|
(32)
|
(32)
|
(36)
|
(38)
|
(36)
|
(24)
|
(35)
|
(35)
|
(35)
|
(32)
|
(31)
|
(27)
|
(24)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
1
|
1
|
1
|
1
|
0
|
(0)
|
(1)
|
(4)
|
(2)
|
(3)
|
(0)
|
2
|
3
|
2
|
3
|
5
|
3
|
4
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(1)
|
(3)
|
(2)
|
(7)
|
(11)
|
(10)
|
(9)
|
|
| Operating Income |
10
N/A
|
9
-10%
|
2
-80%
|
3
+85%
|
8
+129%
|
8
+9%
|
11
+31%
|
11
+3%
|
11
+2%
|
11
-4%
|
12
+7%
|
8
-30%
|
5
-37%
|
3
-33%
|
1
-79%
|
0
-96%
|
5
+16 337%
|
5
-7%
|
6
+25%
|
3
-44%
|
(0)
N/A
|
6
N/A
|
6
+10%
|
9
+39%
|
12
+40%
|
5
-61%
|
3
-36%
|
6
+102%
|
14
+117%
|
10
-28%
|
9
-4%
|
8
-18%
|
(3)
N/A
|
(0)
+99%
|
(1)
-2 759%
|
(1)
+48%
|
11
N/A
|
10
-11%
|
10
+7%
|
15
+45%
|
4
-72%
|
2
-48%
|
1
-40%
|
(4)
N/A
|
(3)
+37%
|
(5)
-87%
|
(3)
+30%
|
(8)
-142%
|
(13)
-52%
|
(14)
-8%
|
(13)
+6%
|
(7)
+45%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
(1)
|
1
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(1)
|
(19)
|
(20)
|
(20)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
1
|
1
|
(22)
|
0
|
0
|
0
|
|
| Total Other Income |
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(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)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(4)
|
(1)
|
(2)
|
(2)
|
|
| Pre-Tax Income |
9
N/A
|
8
-7%
|
1
-82%
|
3
+116%
|
7
+129%
|
7
+3%
|
10
+33%
|
10
+3%
|
11
+5%
|
11
+0%
|
11
+7%
|
8
-32%
|
4
-45%
|
3
-41%
|
(0)
N/A
|
(1)
-353%
|
3
N/A
|
4
+13%
|
5
+18%
|
2
-50%
|
(2)
N/A
|
5
N/A
|
6
+18%
|
8
+36%
|
10
+37%
|
4
-64%
|
2
-50%
|
5
+188%
|
12
+132%
|
9
-30%
|
9
-1%
|
6
-29%
|
(5)
N/A
|
(2)
+68%
|
(3)
-92%
|
(1)
+63%
|
10
N/A
|
9
-5%
|
12
+32%
|
16
+31%
|
3
-83%
|
1
-79%
|
(4)
N/A
|
(9)
-149%
|
(7)
+20%
|
(8)
-7%
|
(4)
+46%
|
(9)
-115%
|
(39)
-321%
|
(34)
+13%
|
(34)
0%
|
(29)
+16%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
2
|
1
|
2
|
1
|
|
| Income from Continuing Operations |
7
|
6
|
0
|
2
|
6
|
6
|
8
|
8
|
8
|
8
|
9
|
6
|
3
|
1
|
(1)
|
(1)
|
3
|
3
|
4
|
1
|
(3)
|
3
|
2
|
4
|
7
|
1
|
1
|
4
|
11
|
7
|
7
|
4
|
(5)
|
(2)
|
(2)
|
(1)
|
9
|
9
|
11
|
14
|
1
|
(2)
|
(6)
|
(10)
|
(7)
|
(8)
|
(4)
|
(10)
|
(38)
|
(33)
|
(33)
|
(27)
|
|
| Income to Minority Interest |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
7
N/A
|
6
-9%
|
0
-94%
|
2
+431%
|
6
+166%
|
6
+4%
|
8
+39%
|
8
-2%
|
8
+7%
|
8
+0%
|
9
+5%
|
6
-34%
|
3
-47%
|
1
-57%
|
(1)
N/A
|
(1)
-30%
|
3
N/A
|
3
+19%
|
4
+18%
|
1
-79%
|
(3)
N/A
|
3
N/A
|
2
-23%
|
4
+101%
|
7
+62%
|
1
-81%
|
1
-21%
|
4
+334%
|
11
+142%
|
7
-36%
|
7
-1%
|
4
-37%
|
(5)
N/A
|
(4)
+26%
|
(4)
-12%
|
(3)
+27%
|
9
N/A
|
9
-8%
|
11
+24%
|
14
+31%
|
1
-96%
|
(2)
N/A
|
(6)
-250%
|
(10)
-70%
|
(7)
+29%
|
(8)
-16%
|
(4)
+44%
|
(10)
-115%
|
(36)
-278%
|
(31)
+13%
|
(31)
+1%
|
(26)
+17%
|
|
| EPS (Diluted) |
0.26
N/A
|
0.24
-8%
|
0.02
-92%
|
0.08
+300%
|
0.21
+163%
|
0.22
+5%
|
0.3
+36%
|
0.29
-3%
|
0.32
+10%
|
0.31
-3%
|
0.33
+6%
|
0.22
-33%
|
0.11
-50%
|
0.04
-64%
|
-0.04
N/A
|
-0.05
-25%
|
0.09
N/A
|
0.11
+22%
|
0.13
+18%
|
0.03
-77%
|
-0.1
N/A
|
0.09
N/A
|
0.07
-22%
|
0.14
+100%
|
0.24
+71%
|
0.04
-83%
|
0.04
N/A
|
0.16
+300%
|
0.38
+138%
|
0.24
-37%
|
0.24
N/A
|
0.15
-38%
|
-0.19
N/A
|
-0.14
+26%
|
-0.15
-7%
|
-0.11
+27%
|
0.33
N/A
|
0.3
-9%
|
0.38
+27%
|
0.49
+29%
|
0.02
-96%
|
-0.06
N/A
|
-0.2
-233%
|
-0.34
-70%
|
-0.26
+24%
|
-0.28
-8%
|
-0.16
+43%
|
-0.34
-113%
|
-1.28
-276%
|
-1.11
+13%
|
-1.1
+1%
|
-0.91
+17%
|
|