M2i SA
PAR:ALMII
Income Statement
Earnings Waterfall
M2i SA
Income Statement
M2i SA
| Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
40
N/A
|
41
+4%
|
46
+10%
|
48
+5%
|
46
-4%
|
39
-16%
|
37
-5%
|
44
+21%
|
47
+7%
|
51
+7%
|
56
+10%
|
59
+6%
|
59
-1%
|
57
-3%
|
56
-1%
|
|
| Gross Profit | ||||||||||||||||
| Cost of Revenue |
(16)
|
(16)
|
(18)
|
(19)
|
(20)
|
(18)
|
(16)
|
(18)
|
(20)
|
(22)
|
(24)
|
(25)
|
(24)
|
(22)
|
(22)
|
|
| Gross Profit |
24
N/A
|
25
+3%
|
27
+10%
|
28
+4%
|
26
-7%
|
21
-20%
|
21
-2%
|
26
+25%
|
27
+5%
|
29
+6%
|
32
+10%
|
34
+8%
|
35
+1%
|
34
-1%
|
34
-1%
|
|
| Operating Income | ||||||||||||||||
| Operating Expenses |
(23)
|
(23)
|
(24)
|
(25)
|
(25)
|
(22)
|
(20)
|
(23)
|
(25)
|
(27)
|
(30)
|
(33)
|
(32)
|
(32)
|
(32)
|
|
| Selling, General & Administrative |
(22)
|
(22)
|
(24)
|
(24)
|
(23)
|
(19)
|
(17)
|
(19)
|
(20)
|
(22)
|
(24)
|
(25)
|
(25)
|
(25)
|
(25)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
|
| Other Operating Expenses |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(6)
|
|
| Operating Income |
2
N/A
|
2
+58%
|
4
+43%
|
3
-12%
|
1
-54%
|
(0)
N/A
|
1
N/A
|
3
+220%
|
2
-29%
|
2
-16%
|
2
-10%
|
2
-1%
|
3
+48%
|
3
+12%
|
3
-10%
|
|
| Pre-Tax Income | ||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
(1)
|
(0)
|
|
| Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
| Pre-Tax Income |
1
N/A
|
2
+69%
|
3
+35%
|
3
-7%
|
1
-72%
|
(2)
N/A
|
(0)
+95%
|
2
N/A
|
1
-56%
|
1
+40%
|
2
+53%
|
2
0%
|
3
+19%
|
2
-2%
|
2
-4%
|
|
| Net Income | ||||||||||||||||
| Tax Provision |
(0)
|
(1)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
1
|
2
|
3
|
3
|
0
|
(2)
|
(0)
|
2
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
1
N/A
|
2
+67%
|
3
+92%
|
3
-6%
|
0
-85%
|
(2)
N/A
|
0
N/A
|
2
+23 200%
|
1
-54%
|
1
+29%
|
2
+49%
|
2
+0%
|
2
+13%
|
2
-2%
|
2
-7%
|
|
| EPS (Diluted) |
0.27
N/A
|
0.35
+30%
|
0.7
+100%
|
0.66
-6%
|
0.1
-85%
|
-0.39
N/A
|
0
N/A
|
0.47
N/A
|
0.21
-55%
|
0.27
+29%
|
0.4
+48%
|
0.4
N/A
|
0.45
+12%
|
0.44
-2%
|
0.36
-18%
|
|