Quercus Towarzystwo Funduszy Inwestycyjnych SA
WSE:QRS
Income Statement
Earnings Waterfall
Quercus Towarzystwo Funduszy Inwestycyjnych SA
Revenue
|
127.3m
PLN
|
Operating Expenses
|
-98.6m
PLN
|
Operating Income
|
28.7m
PLN
|
Other Expenses
|
5.5m
PLN
|
Net Income
|
34.1m
PLN
|
Income Statement
Quercus Towarzystwo Funduszy Inwestycyjnych 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 |
139
N/A
|
149
+7%
|
146
-2%
|
104
-29%
|
92
-12%
|
86
-6%
|
85
-1%
|
96
+12%
|
97
+1%
|
98
+1%
|
99
+2%
|
98
-1%
|
104
+6%
|
110
+5%
|
116
+6%
|
119
+3%
|
117
-2%
|
112
-5%
|
102
-9%
|
86
-16%
|
74
-14%
|
65
-12%
|
60
-8%
|
61
+2%
|
61
0%
|
59
-3%
|
57
-4%
|
59
+4%
|
59
+1%
|
61
+3%
|
65
+6%
|
83
+28%
|
99
+19%
|
109
+10%
|
116
+6%
|
93
-19%
|
86
-7%
|
86
+0%
|
90
+4%
|
118
+32%
|
127
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5)
|
(5)
|
(5)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(8)
|
(10)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gross Profit |
135
N/A
|
144
+7%
|
141
-2%
|
101
-28%
|
89
-12%
|
83
-6%
|
82
-1%
|
92
+12%
|
93
+1%
|
94
+0%
|
95
+1%
|
94
-1%
|
100
+6%
|
105
+5%
|
110
+5%
|
111
+1%
|
107
-3%
|
101
-6%
|
91
-10%
|
76
-17%
|
64
-15%
|
55
-14%
|
49
-10%
|
49
-1%
|
49
0%
|
47
-4%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(81)
|
(86)
|
(83)
|
(63)
|
(56)
|
(53)
|
(52)
|
(56)
|
(57)
|
(58)
|
(59)
|
(60)
|
(64)
|
(67)
|
(70)
|
(70)
|
(67)
|
(63)
|
(57)
|
(59)
|
(53)
|
(47)
|
(43)
|
(29)
|
(27)
|
(29)
|
(40)
|
(41)
|
(43)
|
(43)
|
(44)
|
(57)
|
(69)
|
(79)
|
(87)
|
(78)
|
(76)
|
(78)
|
(81)
|
(94)
|
(99)
|
|
Selling, General & Administrative |
(81)
|
(86)
|
(83)
|
(63)
|
(56)
|
(53)
|
(52)
|
(56)
|
(57)
|
(58)
|
(59)
|
(60)
|
(64)
|
(67)
|
(70)
|
(70)
|
(67)
|
(63)
|
(57)
|
(50)
|
(43)
|
(38)
|
(35)
|
(31)
|
(31)
|
(29)
|
(28)
|
(30)
|
(31)
|
(32)
|
(33)
|
(46)
|
(57)
|
(67)
|
(74)
|
(65)
|
(62)
|
(63)
|
(65)
|
(74)
|
(79)
|
|
Depreciation & Amortization |
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)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(10)
|
(8)
|
(8)
|
2
|
4
|
1
|
(11)
|
(10)
|
(11)
|
(10)
|
(9)
|
(10)
|
(9)
|
(9)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(17)
|
(17)
|
|
Operating Income |
54
N/A
|
58
+8%
|
58
+0%
|
37
-36%
|
33
-13%
|
30
-7%
|
30
-2%
|
37
+23%
|
37
+0%
|
36
-2%
|
36
0%
|
34
-4%
|
36
+6%
|
38
+6%
|
40
+5%
|
41
+2%
|
40
-3%
|
38
-6%
|
34
-10%
|
17
-50%
|
11
-37%
|
8
-22%
|
6
-26%
|
20
+223%
|
21
+9%
|
18
-15%
|
17
-7%
|
17
+3%
|
16
-6%
|
18
+10%
|
21
+18%
|
26
+20%
|
30
+16%
|
30
+2%
|
29
-6%
|
15
-48%
|
10
-35%
|
9
-8%
|
9
+1%
|
25
+177%
|
29
+16%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(31)
|
(22)
|
(21)
|
(22)
|
9
|
4
|
3
|
6
|
7
|
4
|
6
|
5
|
4
|
5
|
2
|
1
|
1
|
3
|
5
|
7
|
9
|
15
|
15
|
|
Non-Reccuring Items |
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)
|
|
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
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
2
|
2
|
2
|
0
|
0
|
|
Pre-Tax Income |
55
N/A
|
59
+8%
|
59
+0%
|
39
-35%
|
34
-13%
|
32
-7%
|
31
-2%
|
38
+22%
|
38
+0%
|
37
-2%
|
37
0%
|
35
-4%
|
37
+5%
|
39
+6%
|
41
+5%
|
42
+2%
|
41
-3%
|
39
-6%
|
3
-92%
|
(5)
N/A
|
(10)
-97%
|
(14)
-41%
|
15
N/A
|
23
+56%
|
24
+2%
|
24
+3%
|
24
0%
|
22
-11%
|
23
+5%
|
24
+4%
|
25
+8%
|
31
+21%
|
32
+4%
|
32
-1%
|
30
-4%
|
18
-41%
|
16
-7%
|
18
+7%
|
20
+14%
|
39
+97%
|
43
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(11)
|
(11)
|
(7)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(5)
|
(3)
|
(3)
|
(3)
|
(4)
|
(8)
|
(8)
|
|
Income from Continuing Operations |
45
|
48
|
48
|
31
|
27
|
26
|
25
|
30
|
31
|
30
|
30
|
28
|
30
|
32
|
33
|
34
|
33
|
31
|
(3)
|
(10)
|
(14)
|
(18)
|
12
|
20
|
20
|
21
|
21
|
18
|
19
|
20
|
21
|
25
|
26
|
26
|
25
|
15
|
14
|
14
|
16
|
32
|
35
|
|
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)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
45
N/A
|
48
+8%
|
48
0%
|
31
-35%
|
27
-13%
|
26
-7%
|
25
-2%
|
30
+22%
|
31
+0%
|
30
-2%
|
30
-1%
|
28
-4%
|
30
+5%
|
32
+6%
|
33
+5%
|
34
+2%
|
33
-3%
|
31
-6%
|
(3)
N/A
|
(10)
-210%
|
(14)
-40%
|
(18)
-24%
|
12
N/A
|
20
+65%
|
20
+2%
|
21
+3%
|
21
0%
|
18
-14%
|
19
+5%
|
20
+4%
|
21
+7%
|
25
+20%
|
26
+3%
|
26
-1%
|
24
-5%
|
14
-42%
|
13
-8%
|
14
+6%
|
15
+13%
|
31
+100%
|
34
+10%
|
|
EPS (Diluted) |
0.63
N/A
|
0.68
+8%
|
0.68
N/A
|
0.46
-32%
|
0.41
-11%
|
0.39
-5%
|
0.39
N/A
|
0.47
+21%
|
0.49
+4%
|
0.48
-2%
|
0.48
N/A
|
0.45
-6%
|
0.49
+9%
|
0.53
+8%
|
0.56
+6%
|
0.57
+2%
|
0.57
N/A
|
0.54
-5%
|
-0.06
N/A
|
-0.18
-200%
|
-0.25
-39%
|
-0.31
-24%
|
0.21
N/A
|
0.34
+62%
|
0.35
+3%
|
0.36
+3%
|
0.36
N/A
|
0.31
-14%
|
0.33
+6%
|
0.34
+3%
|
0.36
+6%
|
0.42
+17%
|
0.44
+5%
|
0.44
N/A
|
0.42
-5%
|
0.25
-40%
|
0.23
-8%
|
0.73
+217%
|
0.82
+12%
|
0.56
-32%
|
0.61
+9%
|