ML System SA
WSE:MLS
Income Statement
Earnings Waterfall
ML System SA
Income Statement
ML System SA
| 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
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
|
| Revenue |
74
N/A
|
115
+55%
|
123
+7%
|
127
+3%
|
124
-2%
|
103
-17%
|
93
-9%
|
97
+4%
|
109
+12%
|
116
+7%
|
127
+10%
|
134
+5%
|
142
+6%
|
160
+13%
|
189
+18%
|
217
+15%
|
222
+2%
|
236
+7%
|
282
+19%
|
273
-3%
|
271
-1%
|
247
-9%
|
189
-23%
|
187
-1%
|
170
-9%
|
173
+2%
|
162
-6%
|
140
-13%
|
127
-10%
|
121
-5%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||
| Cost of Revenue |
(62)
|
(99)
|
(107)
|
(110)
|
(106)
|
(89)
|
(81)
|
(83)
|
(88)
|
(91)
|
(97)
|
(105)
|
(116)
|
(134)
|
(162)
|
(191)
|
(195)
|
(202)
|
(245)
|
(236)
|
(237)
|
(217)
|
(170)
|
(152)
|
(136)
|
(156)
|
(147)
|
(139)
|
(131)
|
(115)
|
|
| Gross Profit |
12
N/A
|
16
+33%
|
16
-2%
|
17
+5%
|
18
+5%
|
14
-22%
|
12
-13%
|
14
+21%
|
21
+46%
|
25
+17%
|
31
+25%
|
29
-6%
|
26
-10%
|
27
+2%
|
27
+0%
|
27
+1%
|
26
-1%
|
34
+29%
|
37
+9%
|
37
0%
|
34
-9%
|
30
-10%
|
20
-35%
|
35
+79%
|
35
-2%
|
17
-50%
|
15
-14%
|
2
-87%
|
(4)
N/A
|
5
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Expenses |
(5)
|
(6)
|
(9)
|
(10)
|
(10)
|
(7)
|
(7)
|
(9)
|
(10)
|
(14)
|
(19)
|
(19)
|
(20)
|
(22)
|
(23)
|
(24)
|
(27)
|
(33)
|
(31)
|
(28)
|
(32)
|
(27)
|
(33)
|
(26)
|
(25)
|
(27)
|
(51)
|
(55)
|
(56)
|
(51)
|
|
| Selling, General & Administrative |
(6)
|
(8)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(17)
|
(19)
|
(20)
|
(23)
|
(24)
|
(25)
|
(28)
|
(17)
|
(31)
|
(31)
|
(32)
|
(24)
|
(31)
|
(32)
|
(32)
|
(32)
|
(38)
|
(43)
|
(48)
|
(46)
|
(50)
|
(48)
|
(42)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
2
|
2
|
2
|
2
|
3
|
7
|
9
|
8
|
9
|
6
|
4
|
4
|
6
|
6
|
14
|
7
|
4
|
(0)
|
13
|
3
|
1
|
5
|
6
|
13
|
18
|
20
|
(2)
|
(5)
|
(8)
|
(9)
|
|
| Operating Income |
7
N/A
|
10
+33%
|
7
-27%
|
7
-3%
|
8
+11%
|
7
-16%
|
5
-22%
|
5
+7%
|
11
+101%
|
10
-8%
|
11
+14%
|
10
-17%
|
7
-30%
|
4
-35%
|
4
-13%
|
3
-18%
|
(1)
N/A
|
1
N/A
|
6
+362%
|
9
+48%
|
2
-77%
|
3
+54%
|
(13)
N/A
|
10
N/A
|
10
+5%
|
(10)
N/A
|
(36)
-265%
|
(53)
-45%
|
(60)
-14%
|
(46)
+24%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
|
| Total Other Income |
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
|
|
| Pre-Tax Income |
6
N/A
|
8
+37%
|
6
-31%
|
5
-4%
|
6
+15%
|
5
-18%
|
4
-33%
|
4
+13%
|
9
+138%
|
9
-8%
|
10
+18%
|
8
-18%
|
5
-35%
|
3
-42%
|
3
+0%
|
1
-72%
|
(4)
N/A
|
(4)
+2%
|
1
N/A
|
2
+115%
|
(6)
N/A
|
(5)
+20%
|
(15)
-202%
|
3
N/A
|
3
-4%
|
(18)
N/A
|
(42)
-134%
|
(63)
-51%
|
(70)
-11%
|
(56)
+20%
|
|
| Net Income | |||||||||||||||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
1
|
(1)
|
2
|
3
|
|
| Income from Continuing Operations |
6
|
8
|
6
|
5
|
6
|
5
|
3
|
4
|
9
|
9
|
10
|
8
|
5
|
3
|
2
|
(1)
|
(5)
|
(4)
|
0
|
1
|
(7)
|
(6)
|
(15)
|
3
|
3
|
(18)
|
(41)
|
(64)
|
(68)
|
(53)
|
|
| Net Income (Common) |
6
N/A
|
8
+37%
|
6
-31%
|
5
-3%
|
6
+16%
|
5
-18%
|
3
-34%
|
4
+14%
|
9
+139%
|
9
-8%
|
10
+18%
|
8
-18%
|
5
-36%
|
3
-52%
|
2
-32%
|
(1)
N/A
|
(5)
-859%
|
(4)
+17%
|
0
N/A
|
1
+227%
|
(7)
N/A
|
(6)
+12%
|
(15)
-162%
|
3
N/A
|
3
-12%
|
(18)
N/A
|
(41)
-121%
|
(64)
-57%
|
(68)
-7%
|
(53)
+23%
|
|
| EPS (Diluted) |
1.31
N/A
|
1.63
+24%
|
1.12
-31%
|
0.96
-14%
|
1.12
+17%
|
0.93
-17%
|
0.61
-34%
|
0.69
+13%
|
1.66
+141%
|
1.48
-11%
|
1.72
+16%
|
1.3
-24%
|
0.85
-35%
|
0.4
-53%
|
0.27
-33%
|
-0.08
N/A
|
-0.81
-913%
|
-0.67
+17%
|
0.03
N/A
|
0.11
+267%
|
-1
N/A
|
-0.89
+11%
|
-2.2
-147%
|
0.47
N/A
|
0.41
-13%
|
-2.49
N/A
|
-5.53
-122%
|
-8.67
-57%
|
-9.26
-7%
|
-7.18
+22%
|
|