A

Arctic Paper SA
WSE:ATC

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Arctic Paper SA
WSE:ATC
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Price: 8.55 PLN 4.52% Market Closed
Market Cap: 592.4m PLN

Income Statement

Earnings Waterfall
Arctic Paper SA

Revenue
3.3B PLN
Cost of Revenue
-2.9B PLN
Gross Profit
372.1m PLN
Operating Expenses
-454.6m PLN
Operating Income
-82.6m PLN
Other Expenses
49.1m PLN
Net Income
-33.5m PLN

Income Statement
Arctic Paper SA

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Income Statement
Currency: PLN
Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 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
0
0
19
4
0
0
28
10
20
30
38
38
37
35
32
29
28
26
26
0
0
0
25
6
11
0
20
11
12
17
31
30
29
30
21
23
23
23
24
24
24
24
23
22
22
21
19
17
17
19
18
32
29
25
6
11
9
9
6
8
9
0
8
0
0
0
Revenue
1 562
N/A
1 715
+10%
1 809
+5%
1 813
+0%
1 949
+8%
2 122
+9%
2 288
+8%
2 443
+7%
2 438
0%
2 452
+1%
2 527
+3%
2 581
+2%
2 644
+2%
2 683
+1%
2 632
-2%
2 766
+5%
2 889
+4%
2 992
+4%
3 105
+4%
3 025
-3%
2 955
-2%
2 899
-2%
2 865
-1%
2 893
+1%
2 888
0%
2 891
+0%
2 900
+0%
2 908
+0%
2 941
+1%
2 970
+1%
2 967
0%
2 962
0%
2 944
-1%
2 920
-1%
2 953
+1%
2 967
+0%
3 049
+3%
3 130
+3%
3 158
+1%
3 191
+1%
3 168
-1%
3 146
-1%
3 117
-1%
3 110
0%
2 964
-5%
2 872
-3%
2 847
-1%
2 816
-1%
2 987
+6%
3 174
+6%
3 413
+8%
3 741
+10%
4 250
+14%
4 763
+12%
4 894
+3%
4 816
-2%
4 356
-10%
3 808
-13%
3 549
-7%
3 482
-2%
3 485
+0%
3 450
-1%
3 435
0%
3 292
-4%
3 286
0%
3 263
-1%
Gross Profit
Cost of Revenue
(1 194)
(1 291)
(1 340)
(1 385)
(1 574)
(1 794)
(2 030)
(2 184)
(2 172)
(2 165)
(2 173)
(2 195)
(2 230)
(2 263)
(2 372)
(2 634)
(2 863)
(2 991)
(2 811)
(2 825)
(2 649)
(2 542)
(2 428)
(2 419)
(2 427)
(2 449)
(2 491)
(2 507)
(2 486)
(2 475)
(2 376)
(2 419)
(2 394)
(2 379)
(2 393)
(2 443)
(2 525)
(2 591)
(2 610)
(2 638)
(2 613)
(2 592)
(2 532)
(2 489)
(2 385)
(2 300)
(2 306)
(2 310)
(2 417)
(2 570)
(2 673)
(2 884)
(3 110)
(3 390)
(3 484)
(3 436)
(3 290)
(2 964)
(2 803)
(2 799)
(2 792)
(2 790)
(2 850)
(2 800)
(2 864)
(2 891)
Gross Profit
368
N/A
424
+15%
469
+11%
428
-9%
376
-12%
328
-13%
258
-21%
259
+0%
266
+3%
287
+8%
354
+24%
386
+9%
414
+7%
421
+2%
260
-38%
132
-49%
26
-80%
1
-96%
294
+27 211%
200
-32%
306
+53%
357
+17%
438
+22%
474
+8%
462
-3%
442
-4%
410
-7%
401
-2%
455
+13%
496
+9%
591
+19%
543
-8%
550
+1%
541
-2%
560
+3%
524
-6%
524
+0%
539
+3%
549
+2%
553
+1%
556
+1%
554
0%
586
+6%
622
+6%
579
-7%
572
-1%
542
-5%
506
-7%
570
+13%
603
+6%
739
+23%
856
+16%
1 141
+33%
1 373
+20%
1 411
+3%
1 379
-2%
1 066
-23%
845
-21%
746
-12%
683
-8%
693
+1%
660
-5%
584
-11%
492
-16%
423
-14%
372
-12%
Operating Income
Operating Expenses
(225)
(258)
(288)
(286)
(305)
(306)
(320)
(256)
(255)
(266)
(351)
(358)
(363)
(370)
(381)
(175)
(172)
(165)
(340)
(332)
(317)
(302)
(315)
(308)
(310)
(306)
(308)
(311)
(342)
(378)
(421)
(390)
(394)
(389)
(425)
(416)
(410)
(409)
(423)
(417)
(393)
(400)
(405)
(408)
(411)
(396)
(383)
(384)
(418)
(438)
(462)
(479)
(520)
(565)
(564)
(557)
(502)
(445)
(389)
(398)
(406)
(420)
(394)
(401)
(462)
(455)
Selling, General & Administrative
(260)
(293)
(290)
(299)
(319)
(318)
(325)
(344)
(341)
(352)
(360)
(373)
(380)
(386)
(391)
(399)
(400)
(393)
(371)
(360)
(348)
(338)
(332)
(345)
(339)
(333)
(328)
(312)
(351)
(384)
(442)
(412)
(411)
(409)
(438)
(432)
(425)
(426)
(438)
(438)
(437)
(437)
(420)
(432)
(421)
(416)
(407)
(413)
(438)
(459)
(479)
(497)
(536)
(572)
(579)
(582)
(538)
(488)
(461)
(468)
(467)
(477)
(465)
(468)
(478)
(475)
Depreciation & Amortization
0
0
(7)
0
0
0
(6)
0
0
0
(6)
0
0
0
(3)
0
0
0
(3)
0
0
0
(3)
0
0
0
(3)
0
0
0
(3)
0
0
0
(3)
0
0
0
0
0
0
0
(7)
0
0
0
(7)
0
0
0
(6)
0
0
0
(5)
0
0
0
(5)
0
0
0
(6)
0
0
0
Other Operating Expenses
35
35
9
13
14
12
11
89
86
86
15
15
17
16
14
225
228
229
35
28
32
36
20
38
29
27
23
1
9
6
24
22
17
19
16
16
15
17
15
21
44
37
21
23
9
20
31
28
20
21
23
19
17
7
21
25
36
43
77
70
61
57
76
67
16
20
Operating Income
142
N/A
166
+17%
181
+9%
142
-22%
71
-50%
23
-68%
(61)
N/A
4
N/A
11
+186%
20
+86%
3
-85%
28
+822%
51
+83%
50
0%
(121)
N/A
(43)
+64%
(146)
-239%
(163)
-12%
(46)
+72%
(132)
-189%
(11)
+92%
56
N/A
123
+121%
167
+36%
152
-9%
136
-11%
102
-25%
91
-11%
112
+24%
117
+4%
170
+45%
153
-10%
157
+3%
152
-3%
135
-11%
108
-20%
114
+6%
130
+14%
126
-3%
136
+8%
162
+19%
154
-5%
180
+17%
213
+18%
168
-21%
176
+5%
159
-10%
122
-23%
152
+25%
166
+9%
277
+67%
377
+36%
621
+65%
808
+30%
847
+5%
823
-3%
564
-31%
399
-29%
356
-11%
285
-20%
288
+1%
240
-17%
190
-21%
91
-52%
(40)
N/A
(83)
-109%
Pre-Tax Income
Interest Income Expense
0
0
(17)
(4)
0
0
(8)
(10)
(19)
(29)
(0)
(37)
(36)
(34)
(35)
(32)
(30)
(29)
(25)
(26)
(26)
(31)
(29)
(34)
(32)
(31)
(20)
(25)
(26)
(21)
(43)
(29)
(29)
(29)
(20)
(22)
(22)
(22)
(30)
(22)
(23)
(23)
(25)
(22)
(26)
(29)
(29)
(27)
(26)
(24)
(14)
(33)
(21)
69
86
130
138
44
(14)
(15)
(38)
(38)
(0)
(40)
(27)
(28)
Non-Reccuring Items
0
0
(2)
0
0
0
79
0
0
0
0
0
0
0
101
0
0
0
(106)
0
0
0
13
0
0
0
(1)
0
0
0
(25)
0
0
0
(25)
0
0
0
0
0
0
0
11
0
0
0
(0)
0
0
0
(32)
0
0
0
(4)
0
0
0
1
0
0
0
(6)
0
0
0
Total Other Income
(18)
(32)
(9)
(36)
(11)
(10)
(2)
4
(28)
19
(3)
27
45
8
(5)
(1)
(4)
(3)
(6)
(7)
(6)
(3)
(7)
(8)
(2)
(3)
(8)
3
(11)
(13)
(8)
(15)
(13)
(10)
(4)
(8)
(11)
(11)
(7)
(15)
(10)
(12)
(8)
(10)
(6)
(4)
(7)
(7)
(7)
(7)
(7)
11
11
11
(2)
(42)
(42)
(42)
(2)
14
16
21
8
16
12
7
Pre-Tax Income
125
N/A
135
+8%
153
+14%
102
-33%
60
-41%
12
-79%
7
-41%
(2)
N/A
(37)
-1 460%
10
N/A
0
-99%
18
+13 673%
60
+235%
24
-60%
(60)
N/A
(75)
-25%
(180)
-140%
(195)
-8%
(183)
+6%
(165)
+10%
(42)
+74%
22
N/A
99
+357%
124
+25%
118
-5%
101
-14%
72
-29%
68
-5%
76
+11%
83
+10%
94
+13%
108
+15%
115
+6%
112
-2%
86
-24%
78
-9%
81
+3%
97
+20%
89
-8%
99
+12%
129
+30%
120
-8%
158
+32%
181
+14%
136
-25%
144
+6%
122
-15%
88
-28%
119
+36%
135
+13%
223
+66%
356
+60%
612
+72%
888
+45%
928
+4%
910
-2%
660
-28%
401
-39%
341
-15%
285
-17%
265
-7%
223
-16%
192
-14%
67
-65%
(55)
N/A
(103)
-89%
Net Income
Tax Provision
(25)
(27)
(21)
(9)
4
13
21
22
15
9
12
12
20
20
84
83
88
89
31
29
12
4
(1)
(9)
8
7
(1)
1
(20)
(18)
(20)
(20)
(20)
(20)
(15)
(17)
(19)
(22)
(33)
(36)
(37)
(36)
(33)
(31)
(23)
(20)
(19)
(14)
(21)
(28)
(47)
(66)
(103)
(151)
(171)
(168)
(125)
(90)
(69)
(62)
(66)
(45)
(31)
(11)
11
22
Income from Continuing Operations
99
108
132
94
64
25
29
20
(22)
19
12
30
80
44
24
8
(92)
(106)
(152)
(136)
(30)
25
98
115
126
109
71
69
56
66
74
89
95
92
71
61
62
75
56
63
92
84
125
150
113
124
104
74
98
106
176
290
508
737
757
742
535
312
272
222
200
178
161
56
(43)
(81)
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(126)
(124)
(119)
(116)
20
15
4
(8)
(28)
(41)
(53)
(56)
(45)
(39)
(32)
(27)
(29)
(28)
(30)
(31)
(28)
(30)
(35)
(44)
(48)
(58)
(59)
(50)
(42)
(27)
(11)
(4)
7
12
(5)
(21)
(49)
(71)
(92)
(135)
(126)
(124)
(93)
(40)
(25)
(1)
0
1
(7)
3
39
48
Net Income (Common)
99
N/A
108
+8%
132
+23%
94
-29%
64
-32%
25
-61%
29
+15%
20
-32%
(22)
N/A
19
N/A
12
-36%
30
+150%
80
+165%
44
-45%
(102)
N/A
(116)
-13%
(211)
-81%
(221)
-5%
(132)
+40%
(122)
+7%
(28)
+77%
10
N/A
50
+399%
41
-19%
29
-29%
4
-86%
(71)
N/A
(59)
+17%
(54)
+9%
(30)
+44%
48
N/A
66
+37%
70
+6%
65
-7%
37
-43%
27
-27%
26
-5%
31
+23%
8
-76%
6
-24%
33
+473%
34
+3%
83
+141%
123
+49%
102
-17%
120
+18%
111
-8%
85
-23%
93
+9%
86
-8%
127
+49%
219
+72%
416
+90%
601
+44%
631
+5%
618
-2%
442
-28%
272
-39%
247
-9%
222
-10%
200
-10%
179
-10%
154
-14%
59
-62%
(5)
N/A
(34)
-597%
EPS (Diluted)
2.23
N/A
2.42
+9%
2.92
+21%
1.76
-40%
1.14
-35%
0.45
-61%
0.53
+18%
0.35
-34%
-0.4
N/A
0.35
N/A
0.22
-37%
0.56
+155%
1.42
+154%
0.8
-44%
-1.84
N/A
-1.71
+7%
-3.03
-77%
-3.19
-5%
-1.92
+40%
-1.76
+8%
-0.38
+78%
0.14
N/A
0.72
+414%
0.59
-18%
0.42
-29%
0.05
-88%
-1.02
N/A
-0.85
+17%
-0.78
+8%
-0.43
+45%
0.69
N/A
0.94
+36%
1
+6%
0.93
-7%
0.53
-43%
0.38
-28%
0.36
-5%
0.46
+28%
0.11
-76%
0.08
-27%
0.49
+513%
0.5
+2%
1.19
+138%
1.78
+50%
1.47
-17%
1.73
+18%
1.6
-8%
1.23
-23%
1.35
+10%
1.24
-8%
1.84
+48%
3.16
+72%
6.01
+90%
8.68
+44%
9.11
+5%
8.93
-2%
6.38
-29%
3.92
-39%
3.57
-9%
3.19
-11%
2.88
-10%
2.58
-10%
2.23
-14%
0.84
-62%
-0.07
N/A
-0.48
-586%