init innovation in traffic systems SE
XETRA:IXX
Income Statement
Earnings Waterfall
init innovation in traffic systems SE
Revenue
|
210.8m
EUR
|
Cost of Revenue
|
-130.6m
EUR
|
Gross Profit
|
80.2m
EUR
|
Operating Expenses
|
-59.6m
EUR
|
Operating Income
|
20.6m
EUR
|
Other Expenses
|
-5.4m
EUR
|
Net Income
|
15.2m
EUR
|
Income Statement
init innovation in traffic systems SE
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
100
N/A
|
102
+2%
|
107
+5%
|
109
+2%
|
103
-5%
|
108
+4%
|
106
-1%
|
107
+0%
|
105
-1%
|
101
-4%
|
100
-1%
|
102
+2%
|
109
+7%
|
117
+7%
|
125
+7%
|
129
+3%
|
131
+1%
|
132
+1%
|
132
-1%
|
137
+4%
|
136
-1%
|
142
+4%
|
153
+8%
|
153
0%
|
156
+2%
|
161
+3%
|
161
0%
|
175
+9%
|
181
+3%
|
181
+0%
|
184
+2%
|
175
-5%
|
177
+1%
|
172
-3%
|
173
+1%
|
183
+6%
|
191
+5%
|
194
+2%
|
200
+3%
|
203
+1%
|
211
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(61)
|
(64)
|
(67)
|
(69)
|
(66)
|
(68)
|
(71)
|
(70)
|
(73)
|
(71)
|
(70)
|
(73)
|
(77)
|
(83)
|
(86)
|
(88)
|
(87)
|
(89)
|
(89)
|
(91)
|
(91)
|
(93)
|
(100)
|
(100)
|
(103)
|
(104)
|
(108)
|
(117)
|
(118)
|
(119)
|
(117)
|
(112)
|
(114)
|
(110)
|
(112)
|
(114)
|
(114)
|
(118)
|
(121)
|
(125)
|
(131)
|
|
Gross Profit |
39
N/A
|
38
-1%
|
40
+5%
|
39
-1%
|
37
-5%
|
39
+5%
|
36
-9%
|
37
+3%
|
32
-13%
|
31
-5%
|
30
-2%
|
29
-4%
|
31
+10%
|
34
+7%
|
39
+16%
|
41
+5%
|
43
+5%
|
43
+0%
|
42
-3%
|
46
+8%
|
45
-2%
|
48
+7%
|
54
+12%
|
53
-1%
|
53
+1%
|
57
+7%
|
52
-8%
|
58
+10%
|
62
+8%
|
62
-1%
|
67
+9%
|
63
-6%
|
63
+0%
|
61
-2%
|
61
-1%
|
69
+13%
|
77
+12%
|
77
0%
|
79
+4%
|
78
-2%
|
80
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(19)
|
(20)
|
(20)
|
(20)
|
(19)
|
(21)
|
(21)
|
(21)
|
(20)
|
(21)
|
(21)
|
(23)
|
(25)
|
(27)
|
(29)
|
(30)
|
(32)
|
(33)
|
(33)
|
(37)
|
(37)
|
(38)
|
(38)
|
(37)
|
(37)
|
(38)
|
(38)
|
(39)
|
(43)
|
(44)
|
(46)
|
(46)
|
(46)
|
(48)
|
(49)
|
(52)
|
(55)
|
(56)
|
(59)
|
(59)
|
(60)
|
|
Selling, General & Administrative |
(17)
|
(17)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(18)
|
(20)
|
(22)
|
(23)
|
(25)
|
(25)
|
(26)
|
(27)
|
(27)
|
(28)
|
(26)
|
(28)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(31)
|
(35)
|
(36)
|
(38)
|
(37)
|
(37)
|
(38)
|
(39)
|
(42)
|
(45)
|
(46)
|
(49)
|
(49)
|
(46)
|
|
Research & Development |
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(10)
|
(11)
|
(13)
|
(13)
|
(12)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(8)
|
(9)
|
(9)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
|
Other Operating Expenses |
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
3
|
3
|
3
|
2
|
3
|
0
|
0
|
0
|
4
|
3
|
4
|
3
|
3
|
4
|
3
|
4
|
3
|
|
Operating Income |
20
N/A
|
18
-11%
|
20
+14%
|
20
-4%
|
18
-7%
|
19
+2%
|
14
-22%
|
15
+6%
|
12
-22%
|
10
-18%
|
9
-12%
|
5
-37%
|
6
+15%
|
7
+13%
|
10
+35%
|
11
+15%
|
11
+4%
|
11
-5%
|
9
-19%
|
9
+1%
|
8
-8%
|
10
+20%
|
16
+58%
|
16
+2%
|
16
+0%
|
19
+19%
|
15
-24%
|
19
+30%
|
20
+4%
|
18
-9%
|
21
+17%
|
17
-20%
|
17
+2%
|
14
-21%
|
12
-10%
|
17
+38%
|
22
+30%
|
21
-4%
|
21
-1%
|
19
-9%
|
21
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
1
|
(1)
|
(2)
|
0
|
(0)
|
6
|
5
|
4
|
2
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
1
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
0
|
0
|
(2)
|
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 |
18
N/A
|
17
-4%
|
20
+18%
|
20
+1%
|
18
-9%
|
19
+5%
|
15
-19%
|
14
-8%
|
10
-28%
|
10
-3%
|
9
-14%
|
11
+29%
|
11
+1%
|
11
-4%
|
12
+8%
|
9
-21%
|
8
-14%
|
8
-1%
|
6
-18%
|
6
-2%
|
5
-13%
|
6
+13%
|
13
+104%
|
12
-1%
|
15
+23%
|
17
+14%
|
13
-24%
|
17
+31%
|
19
+9%
|
18
-3%
|
21
+14%
|
17
-20%
|
17
-1%
|
14
-14%
|
11
-20%
|
17
+45%
|
20
+23%
|
19
-7%
|
19
+0%
|
17
-11%
|
19
+15%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(5)
|
(5)
|
(4)
|
(5)
|
(3)
|
(5)
|
(4)
|
(4)
|
(5)
|
(2)
|
(4)
|
(3)
|
(2)
|
(5)
|
(4)
|
(5)
|
(3)
|
(2)
|
(4)
|
|
Income from Continuing Operations |
12
|
12
|
14
|
14
|
12
|
13
|
10
|
9
|
8
|
7
|
6
|
9
|
9
|
8
|
9
|
6
|
4
|
4
|
3
|
3
|
2
|
3
|
7
|
7
|
11
|
13
|
10
|
13
|
15
|
15
|
16
|
14
|
12
|
11
|
9
|
12
|
17
|
14
|
16
|
15
|
15
|
|
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
|
|
Net Income (Common) |
12
N/A
|
12
-5%
|
14
+18%
|
14
+2%
|
12
-13%
|
13
+5%
|
10
-21%
|
9
-8%
|
7
-19%
|
7
-2%
|
6
-13%
|
9
+49%
|
9
-9%
|
8
-5%
|
9
+8%
|
6
-34%
|
4
-37%
|
4
+2%
|
3
-27%
|
3
-5%
|
2
-5%
|
3
+21%
|
7
+146%
|
7
-2%
|
11
+59%
|
13
+13%
|
10
-21%
|
13
+25%
|
15
+18%
|
15
-2%
|
16
+10%
|
14
-12%
|
12
-12%
|
11
-11%
|
9
-17%
|
12
+32%
|
17
+37%
|
14
-13%
|
16
+11%
|
15
-8%
|
15
+4%
|
|
EPS (Diluted) |
1.21
N/A
|
1.15
-5%
|
1.36
+18%
|
1.38
+1%
|
1.2
-13%
|
1.26
+5%
|
1
-21%
|
0.92
-8%
|
0.75
-18%
|
0.73
-3%
|
0.63
-14%
|
0.94
+49%
|
0.86
-9%
|
0.81
-6%
|
0.87
+7%
|
0.57
-34%
|
0.37
-35%
|
0.37
N/A
|
0.27
-27%
|
0.26
-4%
|
0.24
-8%
|
0.29
+21%
|
0.72
+148%
|
0.71
-1%
|
1.13
+59%
|
1.28
+13%
|
1.02
-20%
|
1.27
+25%
|
1.5
+18%
|
1.47
-2%
|
1.61
+10%
|
1.42
-12%
|
1.25
-12%
|
1.11
-11%
|
0.92
-17%
|
1.22
+33%
|
1.66
+36%
|
1.45
-13%
|
1.61
+11%
|
1.48
-8%
|
1.54
+4%
|