Mirbud SA
WSE:MRB
Income Statement
Earnings Waterfall
Mirbud SA
Revenue
|
3.1B
PLN
|
Cost of Revenue
|
-2.8B
PLN
|
Gross Profit
|
259.4m
PLN
|
Operating Expenses
|
-89.6m
PLN
|
Operating Income
|
169.7m
PLN
|
Other Expenses
|
-81.9m
PLN
|
Net Income
|
87.8m
PLN
|
Income Statement
Mirbud SA
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
719
N/A
|
937
+30%
|
1 059
+13%
|
1 205
+14%
|
1 091
-9%
|
972
-11%
|
887
-9%
|
777
-12%
|
797
+3%
|
761
-5%
|
755
-1%
|
754
0%
|
762
+1%
|
774
+2%
|
775
+0%
|
808
+4%
|
824
+2%
|
860
+4%
|
881
+2%
|
1 010
+15%
|
1 088
+8%
|
1 143
+5%
|
1 183
+3%
|
1 064
-10%
|
972
-9%
|
949
-2%
|
960
+1%
|
980
+2%
|
1 079
+10%
|
1 243
+15%
|
1 349
+8%
|
1 680
+25%
|
2 125
+26%
|
2 506
+18%
|
2 709
+8%
|
2 984
+10%
|
3 161
+6%
|
3 319
+5%
|
3 333
+0%
|
3 163
-5%
|
3 084
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(670)
|
(883)
|
(1 005)
|
(1 144)
|
(1 027)
|
(904)
|
(821)
|
(713)
|
(733)
|
(697)
|
(691)
|
(692)
|
(684)
|
(703)
|
(700)
|
(726)
|
(752)
|
(776)
|
(800)
|
(924)
|
(1 002)
|
(1 050)
|
(1 085)
|
(972)
|
(883)
|
(849)
|
(862)
|
(880)
|
(964)
|
(1 106)
|
(1 194)
|
(1 496)
|
(1 904)
|
(2 274)
|
(2 474)
|
(2 739)
|
(2 905)
|
(3 049)
|
(3 061)
|
(2 896)
|
(2 825)
|
|
Gross Profit |
49
N/A
|
55
+13%
|
54
-1%
|
61
+14%
|
64
+5%
|
67
+5%
|
67
-1%
|
64
-5%
|
64
+0%
|
64
0%
|
65
+2%
|
62
-5%
|
78
+26%
|
71
-9%
|
75
+5%
|
82
+9%
|
72
-12%
|
84
+17%
|
82
-3%
|
86
+5%
|
86
+1%
|
93
+8%
|
98
+5%
|
93
-5%
|
89
-4%
|
101
+13%
|
98
-3%
|
100
+2%
|
115
+16%
|
137
+19%
|
155
+13%
|
185
+19%
|
220
+19%
|
232
+5%
|
235
+1%
|
245
+4%
|
257
+5%
|
270
+5%
|
272
+1%
|
268
-2%
|
259
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(22)
|
(21)
|
(20)
|
(25)
|
(26)
|
(30)
|
(30)
|
(31)
|
(31)
|
(31)
|
(36)
|
(39)
|
(38)
|
(41)
|
(42)
|
(42)
|
(44)
|
(39)
|
(36)
|
(37)
|
(38)
|
(24)
|
(47)
|
(48)
|
(43)
|
(36)
|
(49)
|
(53)
|
(57)
|
(69)
|
(59)
|
(64)
|
(67)
|
(52)
|
(75)
|
(75)
|
(85)
|
(76)
|
(86)
|
(86)
|
(90)
|
|
Selling, General & Administrative |
(25)
|
(25)
|
(26)
|
(27)
|
(29)
|
(29)
|
(29)
|
(29)
|
(33)
|
(37)
|
(13)
|
(17)
|
(15)
|
(44)
|
(42)
|
(43)
|
(44)
|
(45)
|
(46)
|
(48)
|
(50)
|
(52)
|
(52)
|
(53)
|
(54)
|
(60)
|
(60)
|
(63)
|
(64)
|
(75)
|
(76)
|
(76)
|
(78)
|
(66)
|
(68)
|
(70)
|
(72)
|
(73)
|
(76)
|
(79)
|
(86)
|
|
Other Operating Expenses |
3
|
4
|
6
|
2
|
3
|
(0)
|
(0)
|
(2)
|
2
|
7
|
(23)
|
(22)
|
(23)
|
3
|
0
|
1
|
0
|
6
|
10
|
11
|
12
|
28
|
5
|
6
|
11
|
23
|
11
|
10
|
7
|
6
|
17
|
12
|
11
|
14
|
(7)
|
(4)
|
(13)
|
(3)
|
(11)
|
(7)
|
(3)
|
|
Operating Income |
27
N/A
|
34
+25%
|
33
0%
|
36
+9%
|
38
+5%
|
38
-2%
|
37
-2%
|
32
-13%
|
33
+3%
|
33
-1%
|
29
-12%
|
23
-20%
|
40
+74%
|
30
-24%
|
33
+10%
|
40
+20%
|
28
-30%
|
46
+64%
|
46
+0%
|
49
+7%
|
48
-2%
|
70
+45%
|
51
-27%
|
45
-11%
|
47
+3%
|
64
+37%
|
49
-24%
|
46
-5%
|
58
+25%
|
68
+18%
|
96
+40%
|
121
+26%
|
154
+27%
|
180
+17%
|
160
-11%
|
171
+7%
|
172
+1%
|
195
+13%
|
186
-4%
|
182
-2%
|
170
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(15)
|
(11)
|
(10)
|
(10)
|
(12)
|
(12)
|
(12)
|
(11)
|
(10)
|
(15)
|
(17)
|
(17)
|
(18)
|
8
|
(9)
|
(8)
|
(8)
|
(10)
|
(11)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(11)
|
(13)
|
(12)
|
(10)
|
(9)
|
(10)
|
(5)
|
(6)
|
(7)
|
(13)
|
(9)
|
(12)
|
(4)
|
(16)
|
(12)
|
(17)
|
(31)
|
|
Non-Reccuring Items |
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
1
|
0
|
3
|
2
|
(0)
|
(9)
|
7
|
6
|
8
|
0
|
1
|
1
|
1
|
(22)
|
0
|
0
|
0
|
(12)
|
2
|
4
|
4
|
15
|
10
|
7
|
6
|
(5)
|
(5)
|
(5)
|
(6)
|
(16)
|
(15)
|
(15)
|
(14)
|
|
Total Other Income |
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(0)
|
1
|
1
|
1
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(6)
|
(6)
|
(3)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(4)
|
(3)
|
(7)
|
(5)
|
(2)
|
(5)
|
(2)
|
(3)
|
(4)
|
(11)
|
(11)
|
(16)
|
(18)
|
|
Pre-Tax Income |
13
N/A
|
21
+63%
|
22
+2%
|
25
+13%
|
25
+1%
|
23
-9%
|
23
+0%
|
20
-11%
|
22
+8%
|
17
-19%
|
16
-10%
|
9
-45%
|
23
+163%
|
28
+23%
|
28
+2%
|
36
+25%
|
25
-29%
|
31
+25%
|
32
+2%
|
32
0%
|
32
+1%
|
33
+4%
|
36
+9%
|
33
-10%
|
32
-2%
|
37
+15%
|
37
-1%
|
38
+4%
|
49
+28%
|
70
+44%
|
94
+34%
|
117
+24%
|
151
+29%
|
156
+4%
|
144
-8%
|
149
+4%
|
157
+5%
|
151
-4%
|
148
-2%
|
134
-9%
|
107
-20%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(3)
|
(3)
|
(1)
|
(3)
|
(6)
|
(6)
|
(8)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(9)
|
(9)
|
(10)
|
(12)
|
(12)
|
(15)
|
(20)
|
(26)
|
(28)
|
(28)
|
(32)
|
(34)
|
(32)
|
(30)
|
(25)
|
(19)
|
|
Income from Continuing Operations |
11
|
17
|
17
|
19
|
19
|
18
|
18
|
16
|
17
|
15
|
13
|
8
|
19
|
21
|
22
|
27
|
20
|
25
|
26
|
26
|
26
|
27
|
29
|
27
|
26
|
28
|
28
|
28
|
37
|
58
|
79
|
97
|
124
|
128
|
116
|
118
|
123
|
119
|
117
|
108
|
88
|
|
Income to Minority Interest |
(4)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
8
N/A
|
15
+84%
|
15
+2%
|
17
+11%
|
18
+7%
|
17
-5%
|
17
+1%
|
15
-9%
|
16
+2%
|
14
-13%
|
12
-11%
|
7
-42%
|
19
+164%
|
19
+5%
|
20
+2%
|
24
+23%
|
17
-32%
|
23
+37%
|
23
+1%
|
24
+3%
|
23
-1%
|
25
+5%
|
27
+10%
|
25
-10%
|
25
+3%
|
28
+11%
|
28
+0%
|
29
+3%
|
37
+29%
|
58
+55%
|
79
+36%
|
97
+23%
|
124
+28%
|
128
+3%
|
116
-10%
|
118
+2%
|
123
+5%
|
119
-3%
|
117
-2%
|
108
-7%
|
88
-19%
|
|
EPS (Diluted) |
0.11
N/A
|
0.19
+73%
|
0.2
+5%
|
0.22
+10%
|
0.24
+9%
|
0.21
-13%
|
0.22
+5%
|
0.19
-14%
|
0.19
N/A
|
0.17
-11%
|
0.15
-12%
|
0.09
-40%
|
0.23
+156%
|
0.24
+4%
|
0.24
N/A
|
0.29
+21%
|
0.19
-34%
|
0.28
+47%
|
0.28
N/A
|
0.29
+4%
|
0.29
N/A
|
0.3
+3%
|
0.33
+10%
|
0.3
-9%
|
0.31
+3%
|
0.31
N/A
|
0.32
+3%
|
0.32
N/A
|
0.41
+28%
|
0.63
+54%
|
0.86
+37%
|
1.06
+23%
|
1.35
+27%
|
1.4
+4%
|
1.26
-10%
|
1.28
+2%
|
1.34
+5%
|
1.3
-3%
|
1.28
-2%
|
1.18
-8%
|
0.96
-19%
|