Tarczynski SA
WSE:TAR
Income Statement
Earnings Waterfall
Tarczynski SA
Income Statement
Tarczynski SA
| 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
7
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
20
|
0
|
0
|
0
|
0
|
0
|
0
|
48
|
0
|
0
|
0
|
|
| Revenue |
387
N/A
|
390
+1%
|
408
+5%
|
432
+6%
|
448
+4%
|
458
+2%
|
482
+5%
|
489
+1%
|
494
+1%
|
510
+3%
|
505
-1%
|
523
+4%
|
542
+4%
|
562
+4%
|
586
+4%
|
608
+4%
|
648
+7%
|
676
+4%
|
708
+5%
|
728
+3%
|
733
+1%
|
742
+1%
|
730
-2%
|
744
+2%
|
760
+2%
|
780
+3%
|
827
+6%
|
844
+2%
|
878
+4%
|
886
+1%
|
897
+1%
|
949
+6%
|
1 025
+8%
|
1 056
+3%
|
1 097
+4%
|
1 141
+4%
|
1 194
+5%
|
1 256
+5%
|
1 370
+9%
|
1 504
+10%
|
1 614
+7%
|
1 698
+5%
|
2 193
+29%
|
2 256
+3%
|
1 864
-17%
|
1 488
-20%
|
1 518
+2%
|
2 068
+36%
|
2 114
+2%
|
2 151
+2%
|
2 223
+3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(310)
|
(308)
|
(324)
|
(347)
|
(362)
|
(373)
|
(393)
|
(393)
|
(392)
|
(396)
|
(385)
|
(400)
|
(421)
|
(441)
|
(467)
|
(487)
|
(525)
|
(551)
|
(580)
|
(590)
|
(585)
|
(585)
|
(568)
|
(577)
|
(586)
|
(604)
|
(655)
|
(663)
|
(696)
|
(699)
|
(696)
|
(720)
|
(759)
|
(750)
|
(780)
|
(824)
|
(878)
|
(946)
|
(1 024)
|
(1 128)
|
(1 222)
|
(1 300)
|
(1 726)
|
(1 765)
|
(1 428)
|
(1 099)
|
(1 123)
|
(1 527)
|
(1 583)
|
(1 615)
|
(1 672)
|
|
| Gross Profit |
77
N/A
|
82
+6%
|
83
+2%
|
85
+2%
|
86
+1%
|
85
-1%
|
89
+5%
|
95
+7%
|
102
+7%
|
114
+11%
|
120
+5%
|
123
+3%
|
121
-2%
|
120
0%
|
120
0%
|
121
+1%
|
124
+2%
|
125
+1%
|
128
+2%
|
137
+8%
|
147
+7%
|
157
+6%
|
163
+4%
|
167
+3%
|
174
+4%
|
176
+1%
|
172
-2%
|
181
+5%
|
182
+1%
|
187
+3%
|
201
+8%
|
228
+13%
|
266
+16%
|
306
+15%
|
317
+4%
|
317
0%
|
317
0%
|
310
-2%
|
346
+12%
|
376
+9%
|
392
+4%
|
397
+1%
|
467
+17%
|
490
+5%
|
436
-11%
|
389
-11%
|
395
+1%
|
540
+37%
|
532
-2%
|
537
+1%
|
551
+3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(56)
|
(60)
|
(62)
|
(64)
|
(69)
|
(69)
|
(74)
|
(76)
|
(81)
|
(89)
|
(91)
|
(90)
|
(89)
|
(91)
|
(93)
|
(98)
|
(104)
|
(107)
|
(109)
|
(111)
|
(111)
|
(115)
|
(129)
|
(127)
|
(138)
|
(129)
|
(118)
|
(128)
|
(129)
|
(133)
|
(135)
|
(134)
|
(137)
|
(147)
|
(155)
|
(165)
|
(180)
|
(194)
|
(202)
|
(218)
|
(258)
|
(278)
|
(349)
|
(370)
|
(275)
|
(220)
|
(225)
|
(358)
|
(368)
|
(379)
|
(397)
|
|
| Selling, General & Administrative |
(57)
|
(61)
|
(64)
|
(65)
|
(71)
|
(71)
|
(75)
|
(78)
|
(82)
|
(89)
|
(91)
|
(91)
|
(94)
|
(94)
|
(95)
|
(101)
|
(104)
|
(107)
|
(110)
|
(112)
|
(112)
|
(116)
|
(118)
|
(125)
|
(130)
|
(128)
|
(129)
|
(129)
|
(130)
|
(133)
|
(134)
|
(136)
|
(140)
|
(149)
|
(157)
|
(165)
|
(182)
|
(193)
|
(202)
|
(217)
|
(223)
|
(245)
|
(331)
|
(352)
|
(289)
|
(223)
|
(233)
|
(354)
|
(362)
|
(380)
|
(394)
|
|
| Other Operating Expenses |
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
5
|
2
|
2
|
3
|
(0)
|
1
|
1
|
0
|
2
|
1
|
(11)
|
(1)
|
(9)
|
(1)
|
11
|
1
|
1
|
(0)
|
(1)
|
2
|
3
|
2
|
2
|
(0)
|
1
|
(1)
|
0
|
(1)
|
(35)
|
(33)
|
(18)
|
(18)
|
15
|
3
|
8
|
(4)
|
(6)
|
2
|
(3)
|
|
| Operating Income |
21
N/A
|
22
+4%
|
21
-4%
|
21
-3%
|
17
-17%
|
17
-4%
|
16
-4%
|
19
+23%
|
22
+11%
|
26
+19%
|
29
+14%
|
33
+12%
|
32
-1%
|
29
-10%
|
27
-6%
|
23
-16%
|
20
-15%
|
19
-4%
|
19
-1%
|
26
+40%
|
37
+40%
|
42
+15%
|
34
-20%
|
40
+20%
|
36
-12%
|
46
+30%
|
54
+17%
|
53
-3%
|
53
+1%
|
54
+2%
|
66
+23%
|
94
+42%
|
128
+37%
|
159
+24%
|
162
+2%
|
152
-6%
|
136
-11%
|
116
-14%
|
145
+24%
|
158
+9%
|
134
-16%
|
119
-11%
|
117
-2%
|
121
+3%
|
161
+33%
|
169
+5%
|
170
+0%
|
182
+7%
|
163
-10%
|
158
-3%
|
154
-3%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(7)
|
(7)
|
(7)
|
(6)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(7)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
(6)
|
(7)
|
(8)
|
(8)
|
(6)
|
(8)
|
(12)
|
(13)
|
(8)
|
(13)
|
(10)
|
(9)
|
(8)
|
(20)
|
(21)
|
(22)
|
(9)
|
(15)
|
(16)
|
(15)
|
(7)
|
(16)
|
(21)
|
(30)
|
(13)
|
(24)
|
(37)
|
(47)
|
(55)
|
(48)
|
(42)
|
(43)
|
(61)
|
(63)
|
(68)
|
|
| 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
|
9
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
0
|
0
|
0
|
(1)
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
3
|
2
|
2
|
|
| Pre-Tax Income |
14
N/A
|
15
+8%
|
14
-5%
|
15
+1%
|
12
-18%
|
11
-7%
|
10
-10%
|
13
+31%
|
15
+14%
|
18
+23%
|
22
+20%
|
25
+15%
|
25
-1%
|
22
-11%
|
21
-8%
|
16
-21%
|
13
-22%
|
12
-9%
|
11
-3%
|
19
+67%
|
29
+54%
|
34
+18%
|
21
-38%
|
27
+30%
|
32
+16%
|
33
+3%
|
45
+36%
|
43
-3%
|
35
-19%
|
34
-4%
|
45
+34%
|
72
+60%
|
112
+55%
|
144
+29%
|
146
+2%
|
138
-6%
|
118
-14%
|
100
-15%
|
123
+23%
|
129
+4%
|
110
-14%
|
95
-14%
|
80
-16%
|
74
-8%
|
106
+43%
|
121
+14%
|
128
+5%
|
125
-2%
|
106
-15%
|
97
-8%
|
88
-9%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(5)
|
(7)
|
(5)
|
(7)
|
(6)
|
(6)
|
(8)
|
(7)
|
(7)
|
(6)
|
(9)
|
(14)
|
(20)
|
(27)
|
(27)
|
(25)
|
(23)
|
(19)
|
(24)
|
(26)
|
(8)
|
(5)
|
(0)
|
(1)
|
(18)
|
(22)
|
(20)
|
(5)
|
1
|
16
|
43
|
|
| Income from Continuing Operations |
11
|
12
|
11
|
11
|
9
|
9
|
7
|
10
|
12
|
14
|
18
|
20
|
20
|
18
|
17
|
13
|
10
|
9
|
9
|
15
|
23
|
27
|
16
|
20
|
26
|
27
|
37
|
36
|
28
|
27
|
36
|
58
|
91
|
117
|
120
|
113
|
96
|
81
|
99
|
103
|
102
|
90
|
80
|
73
|
88
|
99
|
108
|
120
|
107
|
113
|
131
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
11
N/A
|
12
+6%
|
11
-2%
|
11
N/A
|
9
-18%
|
9
-8%
|
7
-15%
|
10
+36%
|
12
+18%
|
14
+23%
|
18
+22%
|
20
+14%
|
20
+0%
|
18
-11%
|
17
-6%
|
13
-21%
|
10
-26%
|
9
-8%
|
9
-7%
|
15
+72%
|
23
+61%
|
27
+14%
|
16
-40%
|
20
+28%
|
26
+26%
|
27
+6%
|
37
+36%
|
36
-2%
|
28
-22%
|
27
-3%
|
36
+33%
|
58
+60%
|
91
+56%
|
117
+29%
|
120
+2%
|
113
-6%
|
96
-15%
|
81
-15%
|
99
+23%
|
103
+4%
|
102
-1%
|
90
-12%
|
80
-11%
|
73
-8%
|
88
+20%
|
99
+12%
|
108
+9%
|
120
+11%
|
107
-11%
|
113
+6%
|
131
+16%
|
|
| EPS (Diluted) |
1.67
N/A
|
1.82
+9%
|
1.44
-21%
|
1
-31%
|
1.01
+1%
|
0.76
-25%
|
0.65
-14%
|
0.88
+35%
|
1.03
+17%
|
1.27
+23%
|
1.54
+21%
|
1.76
+14%
|
1.76
N/A
|
1.57
-11%
|
1.49
-5%
|
1.17
-21%
|
0.87
-26%
|
0.8
-8%
|
0.74
-8%
|
1.28
+73%
|
2.07
+62%
|
2.35
+14%
|
1.41
-40%
|
1.8
+28%
|
2.26
+26%
|
2.41
+7%
|
3.27
+36%
|
3.21
-2%
|
2.49
-22%
|
2.41
-3%
|
3.22
+34%
|
5.15
+60%
|
8.05
+56%
|
10.34
+28%
|
10.54
+2%
|
9.93
-6%
|
8.43
-15%
|
7.13
-15%
|
8.74
+23%
|
9.07
+4%
|
8.98
-1%
|
7.94
-12%
|
7.05
-11%
|
6.46
-8%
|
7.77
+20%
|
8.73
+12%
|
9.52
+9%
|
10.56
+11%
|
9.44
-11%
|
9.99
+6%
|
11.55
+16%
|
|