USU Software AG
XETRA:OSP2
Income Statement
Earnings Waterfall
USU Software AG
Revenue
|
132.1m
EUR
|
Cost of Revenue
|
-67.5m
EUR
|
Gross Profit
|
64.6m
EUR
|
Operating Expenses
|
-57m
EUR
|
Operating Income
|
7.6m
EUR
|
Other Expenses
|
-2.3m
EUR
|
Net Income
|
5.3m
EUR
|
Income Statement
USU Software AG
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 |
56
N/A
|
57
+2%
|
59
+4%
|
59
+0%
|
59
+0%
|
60
+1%
|
61
+3%
|
63
+4%
|
66
+4%
|
69
+4%
|
70
+2%
|
72
+2%
|
72
+1%
|
74
+3%
|
77
+4%
|
80
+3%
|
84
+6%
|
86
+3%
|
87
+1%
|
90
+3%
|
90
+1%
|
91
+1%
|
94
+2%
|
95
+1%
|
96
+1%
|
100
+4%
|
103
+3%
|
105
+2%
|
107
+2%
|
108
+1%
|
109
+1%
|
111
+2%
|
112
+1%
|
114
+2%
|
118
+3%
|
123
+4%
|
127
+3%
|
130
+3%
|
131
+1%
|
131
+0%
|
132
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(27)
|
(27)
|
(28)
|
(28)
|
(28)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(31)
|
(32)
|
(32)
|
(34)
|
(35)
|
(36)
|
(39)
|
(40)
|
(41)
|
(43)
|
(44)
|
(44)
|
(45)
|
(46)
|
(46)
|
(48)
|
(49)
|
(51)
|
(51)
|
(52)
|
(52)
|
(54)
|
(56)
|
(57)
|
(60)
|
(62)
|
(63)
|
(65)
|
(66)
|
(67)
|
(68)
|
|
Gross Profit |
29
N/A
|
29
+2%
|
31
+5%
|
31
+0%
|
31
+1%
|
32
+1%
|
32
+3%
|
34
+4%
|
35
+5%
|
38
+7%
|
39
+3%
|
39
+2%
|
40
+1%
|
40
+1%
|
42
+4%
|
44
+4%
|
46
+5%
|
47
+3%
|
46
-2%
|
47
+2%
|
47
0%
|
47
+0%
|
49
+3%
|
49
+2%
|
49
+0%
|
52
+5%
|
53
+3%
|
54
+1%
|
57
+5%
|
57
+0%
|
57
+0%
|
58
+2%
|
56
-3%
|
57
+1%
|
59
+3%
|
61
+3%
|
63
+4%
|
65
+3%
|
65
0%
|
64
0%
|
65
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(25)
|
(26)
|
(26)
|
(26)
|
(25)
|
(24)
|
(25)
|
(25)
|
(28)
|
(30)
|
(31)
|
(31)
|
(31)
|
(33)
|
(36)
|
(39)
|
(41)
|
(43)
|
(44)
|
(44)
|
(44)
|
(45)
|
(46)
|
(46)
|
(46)
|
(46)
|
(46)
|
(47)
|
(49)
|
(49)
|
(49)
|
(49)
|
(46)
|
(47)
|
(48)
|
(50)
|
(52)
|
(53)
|
(54)
|
(56)
|
(57)
|
|
Selling, General & Administrative |
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(18)
|
(19)
|
(19)
|
(20)
|
(21)
|
(23)
|
(25)
|
(26)
|
(27)
|
(27)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(29)
|
(35)
|
(35)
|
(36)
|
(31)
|
(34)
|
(34)
|
(33)
|
(29)
|
(31)
|
(32)
|
(33)
|
(32)
|
(35)
|
(36)
|
(36)
|
(36)
|
|
Research & Development |
(9)
|
(10)
|
(10)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(16)
|
(16)
|
(16)
|
(14)
|
(12)
|
(12)
|
(13)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(19)
|
(20)
|
(21)
|
(20)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
|
Other Operating Expenses |
0
|
0
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
1
|
1
|
5
|
5
|
4
|
1
|
(3)
|
(3)
|
(3)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Operating Income |
3
N/A
|
4
+13%
|
5
+29%
|
5
+8%
|
7
+25%
|
7
+9%
|
8
+8%
|
8
+3%
|
7
-9%
|
8
+6%
|
8
-2%
|
8
+4%
|
8
+3%
|
7
-11%
|
6
-17%
|
5
-25%
|
4
-11%
|
3
-15%
|
2
-33%
|
3
+41%
|
3
-8%
|
2
-29%
|
3
+49%
|
4
+20%
|
4
+2%
|
6
+54%
|
8
+26%
|
7
-9%
|
7
+5%
|
7
+3%
|
8
+8%
|
9
+18%
|
10
+7%
|
10
+0%
|
10
+3%
|
11
+7%
|
11
+4%
|
12
+6%
|
10
-14%
|
8
-19%
|
8
-10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(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
|
(0)
|
0
|
(0)
|
(0)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
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 |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(2)
|
(2)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
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 |
3
N/A
|
3
+14%
|
4
+35%
|
5
+16%
|
7
+29%
|
8
+16%
|
8
+7%
|
8
+1%
|
8
-4%
|
8
-1%
|
8
0%
|
8
+4%
|
8
+3%
|
7
-10%
|
6
-18%
|
5
-25%
|
3
-32%
|
3
+7%
|
2
-30%
|
3
+43%
|
3
-16%
|
2
-18%
|
3
+38%
|
4
+21%
|
4
+5%
|
6
+47%
|
8
+26%
|
7
-11%
|
7
+2%
|
7
+7%
|
8
+6%
|
9
+19%
|
10
+6%
|
10
+1%
|
10
+6%
|
11
+8%
|
12
+7%
|
12
+1%
|
10
-13%
|
8
-20%
|
8
-10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
1
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
1
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
1
|
2
|
2
|
1
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
|
Income from Continuing Operations |
4
|
4
|
5
|
6
|
6
|
7
|
7
|
8
|
8
|
8
|
8
|
8
|
7
|
6
|
4
|
3
|
3
|
4
|
3
|
4
|
1
|
(0)
|
1
|
2
|
5
|
7
|
9
|
8
|
5
|
6
|
6
|
8
|
7
|
6
|
6
|
6
|
8
|
8
|
6
|
5
|
5
|
|
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) |
4
N/A
|
4
+10%
|
5
+29%
|
6
+15%
|
6
-8%
|
7
+18%
|
7
+6%
|
8
+9%
|
8
+11%
|
8
-1%
|
8
-1%
|
8
-4%
|
7
-14%
|
6
-15%
|
4
-23%
|
3
-37%
|
3
+19%
|
4
+17%
|
3
-31%
|
4
+34%
|
1
-74%
|
(0)
N/A
|
1
N/A
|
2
+207%
|
5
+152%
|
7
+42%
|
9
+25%
|
8
-16%
|
5
-30%
|
6
+8%
|
6
+4%
|
8
+24%
|
7
-12%
|
6
-6%
|
6
+2%
|
6
-2%
|
8
+19%
|
8
+1%
|
6
-15%
|
5
-21%
|
5
+3%
|
|
EPS (Diluted) |
0.35
N/A
|
0.38
+9%
|
0.49
+29%
|
0.57
+16%
|
0.53
-7%
|
0.62
+17%
|
0.66
+6%
|
0.72
+9%
|
0.8
+11%
|
0.79
-1%
|
0.78
-1%
|
0.75
-4%
|
0.64
-15%
|
0.55
-14%
|
0.43
-22%
|
0.27
-37%
|
0.32
+19%
|
0.37
+16%
|
0.25
-32%
|
0.34
+36%
|
0.09
-74%
|
-0.01
N/A
|
0.06
N/A
|
0.2
+233%
|
0.5
+150%
|
0.71
+42%
|
0.89
+25%
|
0.74
-17%
|
0.52
-30%
|
0.57
+10%
|
0.59
+4%
|
0.73
+24%
|
0.64
-12%
|
0.61
-5%
|
0.62
+2%
|
0.61
-2%
|
0.72
+18%
|
0.73
+1%
|
0.62
-15%
|
0.49
-21%
|
0.5
+2%
|