Asseco South Eastern Europe SA
WSE:ASE
Income Statement
Earnings Waterfall
Asseco South Eastern Europe SA
Revenue
|
2B
PLN
|
Cost of Revenue
|
-1.5B
PLN
|
Gross Profit
|
528.5m
PLN
|
Operating Expenses
|
-244.5m
PLN
|
Operating Income
|
284m
PLN
|
Other Expenses
|
-36.7m
PLN
|
Net Income
|
247.4m
PLN
|
Income Statement
Asseco South Eastern Europe SA
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 |
469
N/A
|
477
+2%
|
486
+2%
|
501
+3%
|
500
0%
|
501
+0%
|
513
+2%
|
487
-5%
|
509
+4%
|
527
+4%
|
531
+1%
|
571
+7%
|
584
+2%
|
593
+2%
|
590
-1%
|
571
-3%
|
576
+1%
|
585
+2%
|
609
+4%
|
670
+10%
|
711
+6%
|
750
+6%
|
827
+10%
|
881
+7%
|
934
+6%
|
969
+4%
|
967
0%
|
1 026
+6%
|
1 048
+2%
|
1 088
+4%
|
1 125
+3%
|
1 147
+2%
|
1 206
+5%
|
1 594
+32%
|
1 749
+10%
|
1 565
-10%
|
1 946
+24%
|
2 040
+5%
|
2 019
-1%
|
1 643
-19%
|
2 010
+22%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(359)
|
(365)
|
(371)
|
(383)
|
(380)
|
(377)
|
(384)
|
(362)
|
(381)
|
(398)
|
(405)
|
(434)
|
(445)
|
(451)
|
(446)
|
(427)
|
(431)
|
(438)
|
(455)
|
(509)
|
(537)
|
(566)
|
(628)
|
(664)
|
(704)
|
(725)
|
(711)
|
(765)
|
(772)
|
(802)
|
(827)
|
(830)
|
(872)
|
(1 153)
|
(1 284)
|
(1 170)
|
(1 451)
|
(1 524)
|
(1 494)
|
(1 212)
|
(1 481)
|
|
Gross Profit |
110
N/A
|
113
+2%
|
115
+2%
|
118
+2%
|
120
+2%
|
124
+3%
|
129
+4%
|
125
-3%
|
127
+1%
|
129
+1%
|
126
-3%
|
136
+8%
|
139
+2%
|
143
+3%
|
144
+1%
|
144
0%
|
146
+1%
|
148
+1%
|
155
+5%
|
162
+5%
|
174
+7%
|
184
+6%
|
199
+8%
|
217
+9%
|
230
+6%
|
244
+6%
|
257
+5%
|
262
+2%
|
276
+6%
|
286
+3%
|
298
+4%
|
317
+7%
|
334
+5%
|
441
+32%
|
465
+5%
|
395
-15%
|
495
+25%
|
516
+4%
|
525
+2%
|
431
-18%
|
529
+23%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(70)
|
(71)
|
(72)
|
(72)
|
(73)
|
(73)
|
(75)
|
(73)
|
(74)
|
(77)
|
(76)
|
(80)
|
(80)
|
(79)
|
(80)
|
(78)
|
(79)
|
(81)
|
(83)
|
(87)
|
(90)
|
(95)
|
(98)
|
(105)
|
(109)
|
(111)
|
(117)
|
(117)
|
(122)
|
(124)
|
(126)
|
(136)
|
(142)
|
(194)
|
(207)
|
(177)
|
(226)
|
(238)
|
(242)
|
(196)
|
(245)
|
|
Selling, General & Administrative |
(71)
|
(71)
|
(71)
|
(72)
|
(73)
|
(73)
|
(75)
|
(73)
|
(74)
|
(77)
|
(76)
|
(80)
|
(80)
|
(79)
|
(80)
|
(78)
|
(79)
|
(81)
|
(82)
|
(86)
|
(90)
|
(95)
|
(99)
|
(107)
|
(112)
|
(113)
|
(118)
|
(117)
|
(122)
|
(124)
|
(126)
|
(137)
|
(142)
|
(194)
|
(208)
|
(178)
|
(227)
|
(239)
|
(243)
|
(197)
|
(246)
|
|
Other Operating Expenses |
0
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
2
|
2
|
2
|
2
|
1
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
|
Operating Income |
40
N/A
|
41
+4%
|
44
+5%
|
46
+5%
|
47
+4%
|
51
+8%
|
54
+7%
|
53
-3%
|
53
+0%
|
52
-2%
|
50
-4%
|
56
+12%
|
59
+6%
|
63
+7%
|
64
+2%
|
66
+2%
|
66
+1%
|
67
+0%
|
72
+8%
|
75
+4%
|
84
+12%
|
89
+6%
|
101
+14%
|
112
+11%
|
120
+7%
|
133
+11%
|
139
+5%
|
144
+4%
|
155
+7%
|
161
+4%
|
171
+6%
|
181
+6%
|
191
+6%
|
247
+29%
|
258
+4%
|
218
-15%
|
269
+24%
|
279
+3%
|
283
+2%
|
235
-17%
|
284
+21%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
1
|
1
|
2
|
5
|
0
|
1
|
1
|
2
|
2
|
3
|
6
|
3
|
3
|
3
|
1
|
2
|
1
|
(2)
|
(0)
|
(0)
|
4
|
5
|
4
|
16
|
16
|
24
|
30
|
11
|
10
|
5
|
5
|
3
|
10
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
1
|
1
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
1
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(5)
|
(6)
|
(7)
|
(10)
|
(8)
|
(11)
|
(13)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
4
|
4
|
4
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(3)
|
(4)
|
(6)
|
(5)
|
(4)
|
(3)
|
(2)
|
17
|
19
|
16
|
23
|
15
|
22
|
29
|
32
|
|
Pre-Tax Income |
41
N/A
|
42
+1%
|
44
+6%
|
46
+5%
|
48
+4%
|
52
+7%
|
54
+5%
|
54
-1%
|
54
0%
|
54
0%
|
52
-3%
|
61
+18%
|
64
+5%
|
69
+7%
|
69
+1%
|
67
-3%
|
69
+2%
|
70
+1%
|
78
+12%
|
78
+1%
|
86
+10%
|
91
+6%
|
100
+9%
|
110
+10%
|
118
+7%
|
127
+8%
|
134
+5%
|
141
+5%
|
153
+8%
|
161
+5%
|
171
+6%
|
192
+13%
|
204
+6%
|
286
+40%
|
302
+6%
|
238
-21%
|
296
+24%
|
288
-3%
|
301
+5%
|
255
-15%
|
313
+23%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(6)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(8)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(10)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(13)
|
(13)
|
(16)
|
(17)
|
(19)
|
(21)
|
(21)
|
(22)
|
(23)
|
(27)
|
(27)
|
(30)
|
(38)
|
(40)
|
(52)
|
(54)
|
(42)
|
(53)
|
(55)
|
(57)
|
(47)
|
(56)
|
|
Income from Continuing Operations |
35
|
37
|
38
|
39
|
40
|
43
|
46
|
44
|
44
|
44
|
42
|
52
|
54
|
57
|
57
|
55
|
56
|
56
|
63
|
65
|
72
|
76
|
83
|
91
|
97
|
106
|
112
|
118
|
126
|
134
|
141
|
154
|
163
|
234
|
248
|
196
|
243
|
233
|
244
|
208
|
257
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(9)
|
(8)
|
(10)
|
|
Net Income (Common) |
35
N/A
|
37
+5%
|
38
+2%
|
39
+4%
|
40
+3%
|
43
+6%
|
46
+8%
|
44
-5%
|
44
0%
|
44
+1%
|
42
-4%
|
51
+22%
|
53
+4%
|
57
+6%
|
57
+0%
|
55
-4%
|
56
+2%
|
56
N/A
|
63
+13%
|
65
+3%
|
72
+11%
|
74
+4%
|
82
+10%
|
90
+10%
|
96
+7%
|
105
+9%
|
111
+5%
|
116
+5%
|
124
+7%
|
130
+5%
|
137
+5%
|
149
+9%
|
158
+6%
|
228
+44%
|
240
+6%
|
188
-22%
|
234
+24%
|
223
-5%
|
235
+6%
|
200
-15%
|
247
+23%
|
|
EPS (Diluted) |
0.68
N/A
|
0.72
+6%
|
0.73
+1%
|
0.75
+3%
|
0.78
+4%
|
0.82
+5%
|
0.89
+9%
|
0.84
-6%
|
0.84
N/A
|
0.86
+2%
|
0.82
-5%
|
0.99
+21%
|
1.03
+4%
|
1.09
+6%
|
1.09
N/A
|
1.05
-4%
|
1.08
+3%
|
1.08
N/A
|
1.22
+13%
|
1.25
+2%
|
1.38
+10%
|
1.43
+4%
|
1.57
+10%
|
1.73
+10%
|
1.85
+7%
|
2.02
+9%
|
2.13
+5%
|
2.24
+5%
|
2.39
+7%
|
2.51
+5%
|
2.63
+5%
|
2.88
+10%
|
3.04
+6%
|
4.39
+44%
|
4.63
+5%
|
3.63
-22%
|
4.5
+24%
|
4.29
-5%
|
4.53
+6%
|
3.86
-15%
|
4.77
+24%
|