Vercom SA
WSE:VRC
Income Statement
Earnings Waterfall
Vercom SA
Revenue
|
397.1m
PLN
|
Cost of Revenue
|
-181.1m
PLN
|
Gross Profit
|
216m
PLN
|
Operating Expenses
|
-137.5m
PLN
|
Operating Income
|
78.5m
PLN
|
Other Expenses
|
-13.1m
PLN
|
Net Income
|
65.4m
PLN
|
Income Statement
Vercom SA
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
179
N/A
|
190
+6%
|
204
+7%
|
235
+16%
|
260
+11%
|
286
+10%
|
388
+36%
|
397
+2%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(125)
|
(131)
|
(136)
|
(146)
|
(145)
|
(145)
|
(183)
|
(181)
|
|
Gross Profit |
54
N/A
|
59
+10%
|
67
+14%
|
89
+33%
|
116
+30%
|
141
+22%
|
205
+46%
|
216
+5%
|
|
Operating Income | |||||||||
Operating Expenses |
(26)
|
(30)
|
(38)
|
(54)
|
(71)
|
(91)
|
(132)
|
(138)
|
|
Selling, General & Administrative |
(26)
|
(30)
|
(38)
|
(53)
|
(71)
|
(91)
|
(133)
|
(138)
|
|
Other Operating Expenses |
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
1
|
0
|
|
Operating Income |
28
N/A
|
29
+2%
|
29
+2%
|
35
+20%
|
44
+26%
|
50
+12%
|
73
+47%
|
79
+7%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
(2)
|
0
|
0
|
(6)
|
(5)
|
(6)
|
1
|
(0)
|
|
Non-Reccuring Items |
0
|
(1)
|
(1)
|
(0)
|
(2)
|
(0)
|
(0)
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(2)
|
(2)
|
(0)
|
(2)
|
(6)
|
(5)
|
|
Pre-Tax Income |
27
N/A
|
29
+6%
|
27
-5%
|
27
+1%
|
37
+36%
|
41
+10%
|
68
+64%
|
73
+8%
|
|
Net Income | |||||||||
Tax Provision |
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(11)
|
(8)
|
|
Income from Continuing Operations |
23
|
23
|
23
|
22
|
31
|
34
|
56
|
65
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
23
N/A
|
23
+4%
|
23
-4%
|
22
-2%
|
31
+41%
|
34
+9%
|
57
+65%
|
65
+15%
|
|
EPS (Diluted) |
1.24
N/A
|
1.28
+3%
|
1.19
-7%
|
1.05
-12%
|
1.54
+47%
|
1.55
+1%
|
2.56
+65%
|
2.95
+15%
|