Orzel Bialy SA
WSE:OBL
Income Statement
Earnings Waterfall
Orzel Bialy SA
Revenue
|
673.2m
PLN
|
Cost of Revenue
|
-535.3m
PLN
|
Gross Profit
|
137.9m
PLN
|
Operating Expenses
|
-35.5m
PLN
|
Operating Income
|
102.4m
PLN
|
Other Expenses
|
-7m
PLN
|
Net Income
|
95.4m
PLN
|
Income Statement
Orzel Bialy SA
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 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
449
N/A
|
459
+2%
|
479
+4%
|
494
+3%
|
509
+3%
|
509
0%
|
502
-1%
|
504
+0%
|
491
-3%
|
537
+9%
|
585
+9%
|
621
+6%
|
669
+8%
|
677
+1%
|
677
+0%
|
690
+2%
|
667
-3%
|
665
0%
|
655
-2%
|
632
-3%
|
626
-1%
|
617
-1%
|
621
+1%
|
549
-12%
|
537
-2%
|
512
-5%
|
505
-1%
|
587
+16%
|
612
+4%
|
663
+8%
|
720
+9%
|
785
+9%
|
855
+9%
|
886
+4%
|
889
+0%
|
840
-5%
|
787
-6%
|
737
-6%
|
701
-5%
|
686
-2%
|
673
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(435)
|
(436)
|
(458)
|
(473)
|
(482)
|
(475)
|
(466)
|
(461)
|
(453)
|
(493)
|
(543)
|
(572)
|
(613)
|
(621)
|
(615)
|
(627)
|
(608)
|
(615)
|
(609)
|
(591)
|
(584)
|
(565)
|
(563)
|
(497)
|
(479)
|
(451)
|
(436)
|
(497)
|
(516)
|
(550)
|
(586)
|
(635)
|
(692)
|
(719)
|
(721)
|
(679)
|
(625)
|
(579)
|
(558)
|
(550)
|
(535)
|
|
Gross Profit |
14
N/A
|
23
+61%
|
21
-7%
|
21
-2%
|
27
+31%
|
33
+23%
|
36
+9%
|
43
+18%
|
38
-10%
|
45
+17%
|
43
-4%
|
49
+15%
|
56
+14%
|
56
-1%
|
62
+11%
|
64
+2%
|
58
-8%
|
50
-15%
|
46
-8%
|
41
-11%
|
41
+2%
|
52
+26%
|
58
+11%
|
52
-11%
|
58
+12%
|
61
+5%
|
69
+13%
|
90
+30%
|
96
+7%
|
113
+17%
|
133
+18%
|
150
+12%
|
163
+9%
|
167
+2%
|
168
+1%
|
161
-4%
|
162
+1%
|
158
-3%
|
143
-10%
|
136
-5%
|
138
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(37)
|
(25)
|
(23)
|
(26)
|
(27)
|
(26)
|
(17)
|
(16)
|
(15)
|
(26)
|
(36)
|
(38)
|
(39)
|
(30)
|
(34)
|
(34)
|
(32)
|
(28)
|
(26)
|
(27)
|
(27)
|
(26)
|
(25)
|
(20)
|
(19)
|
(4)
|
(4)
|
(9)
|
(12)
|
(29)
|
(31)
|
(43)
|
(43)
|
(42)
|
(44)
|
(35)
|
(37)
|
(41)
|
(37)
|
(36)
|
(36)
|
|
Selling, General & Administrative |
(23)
|
(27)
|
(27)
|
(27)
|
(27)
|
(25)
|
(25)
|
(25)
|
(24)
|
(23)
|
(23)
|
(24)
|
(24)
|
(26)
|
(27)
|
(28)
|
(30)
|
(28)
|
(28)
|
(28)
|
(25)
|
(25)
|
(24)
|
(21)
|
(20)
|
(23)
|
(24)
|
(27)
|
(29)
|
(28)
|
(30)
|
(30)
|
(30)
|
(30)
|
(31)
|
(33)
|
(35)
|
(39)
|
(37)
|
(38)
|
(39)
|
|
Other Operating Expenses |
(15)
|
2
|
4
|
1
|
0
|
(1)
|
8
|
9
|
9
|
(3)
|
(12)
|
(14)
|
(15)
|
(4)
|
(7)
|
(6)
|
(2)
|
0
|
2
|
1
|
(2)
|
(1)
|
(2)
|
1
|
1
|
19
|
20
|
18
|
17
|
(0)
|
(1)
|
(14)
|
(13)
|
(12)
|
(13)
|
(2)
|
(3)
|
(1)
|
(1)
|
1
|
3
|
|
Operating Income |
(24)
N/A
|
(2)
+90%
|
(2)
+18%
|
(6)
-195%
|
0
N/A
|
8
+1 794%
|
19
+155%
|
27
+40%
|
24
-12%
|
19
-21%
|
7
-62%
|
12
+61%
|
17
+45%
|
25
+52%
|
28
+11%
|
30
+6%
|
27
-11%
|
21
-20%
|
19
-10%
|
14
-29%
|
15
+7%
|
26
+78%
|
33
+25%
|
32
-2%
|
39
+22%
|
57
+47%
|
65
+15%
|
81
+24%
|
85
+4%
|
84
0%
|
102
+22%
|
106
+4%
|
120
+13%
|
124
+3%
|
124
0%
|
126
+2%
|
125
-1%
|
117
-6%
|
105
-10%
|
100
-5%
|
102
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
3
|
(1)
|
1
|
1
|
(1)
|
(0)
|
(2)
|
(1)
|
(2)
|
(4)
|
(4)
|
(3)
|
(2)
|
0
|
(1)
|
(3)
|
(1)
|
(4)
|
(3)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
1
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(2)
|
(0)
|
5
|
7
|
12
|
15
|
17
|
16
|
16
|
17
|
|
Non-Reccuring Items |
0
|
1
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(0)
|
0
|
(0)
|
(2)
|
(0)
|
(0)
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Pre-Tax Income |
(29)
N/A
|
1
N/A
|
(3)
N/A
|
(5)
-92%
|
1
N/A
|
16
+1 014%
|
19
+21%
|
25
+34%
|
22
-11%
|
7
-71%
|
3
-48%
|
8
+135%
|
14
+71%
|
21
+56%
|
28
+33%
|
29
+1%
|
23
-19%
|
19
-18%
|
15
-19%
|
10
-35%
|
13
+31%
|
24
+79%
|
32
+35%
|
32
-1%
|
39
+22%
|
58
+50%
|
65
+12%
|
81
+25%
|
84
+4%
|
83
-2%
|
102
+24%
|
105
+2%
|
120
+15%
|
129
+7%
|
131
+1%
|
139
+6%
|
139
+1%
|
134
-4%
|
122
-9%
|
115
-5%
|
119
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
10
|
(1)
|
(0)
|
(0)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(11)
|
(11)
|
(12)
|
(12)
|
(5)
|
(6)
|
(7)
|
(5)
|
(4)
|
(4)
|
(2)
|
(3)
|
(4)
|
(6)
|
(6)
|
(7)
|
(9)
|
(11)
|
(14)
|
(14)
|
(19)
|
(23)
|
(27)
|
(30)
|
(28)
|
(28)
|
(27)
|
(27)
|
(28)
|
(26)
|
(22)
|
(24)
|
|
Income from Continuing Operations |
(19)
|
0
|
(3)
|
(5)
|
(0)
|
13
|
16
|
21
|
19
|
(4)
|
(8)
|
(4)
|
2
|
16
|
22
|
22
|
18
|
15
|
12
|
8
|
10
|
19
|
26
|
25
|
31
|
49
|
54
|
67
|
70
|
63
|
80
|
77
|
91
|
100
|
103
|
111
|
112
|
107
|
96
|
93
|
95
|
|
Income to Minority Interest |
3
|
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
|
|
Equity Earnings Affiliates |
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) |
(15)
N/A
|
0
N/A
|
(3)
N/A
|
(5)
-92%
|
(0)
+92%
|
13
N/A
|
16
+22%
|
21
+32%
|
18
-14%
|
(4)
N/A
|
(8)
-78%
|
(4)
+48%
|
2
N/A
|
16
+962%
|
22
+39%
|
22
0%
|
18
-17%
|
15
-20%
|
12
-20%
|
8
-31%
|
10
+25%
|
19
+93%
|
26
+34%
|
25
-2%
|
31
+24%
|
49
+55%
|
54
+12%
|
67
+24%
|
70
+4%
|
63
-9%
|
80
+26%
|
77
-3%
|
91
+17%
|
100
+11%
|
103
+2%
|
111
+9%
|
112
+1%
|
107
-5%
|
96
-10%
|
93
-3%
|
95
+3%
|
|
EPS (Diluted) |
-0.93
N/A
|
0.03
N/A
|
-0.15
N/A
|
-0.29
-93%
|
-0.01
+97%
|
0.79
N/A
|
0.97
+23%
|
1.28
+32%
|
1.1
-14%
|
-0.26
N/A
|
-0.46
-77%
|
-0.25
+46%
|
0.09
N/A
|
0.96
+967%
|
1.33
+39%
|
1.33
N/A
|
1.09
-18%
|
0.88
-19%
|
0.7
-20%
|
0.48
-31%
|
0.6
+25%
|
1.16
+93%
|
1.55
+34%
|
1.52
-2%
|
1.88
+24%
|
2.92
+55%
|
3.26
+12%
|
4.03
+24%
|
4.2
+4%
|
3.81
-9%
|
4.78
+25%
|
4.65
-3%
|
5.44
+17%
|
6.03
+11%
|
6.16
+2%
|
6.68
+8%
|
6.73
+1%
|
6.4
-5%
|
5.77
-10%
|
5.59
-3%
|
5.73
+3%
|