Torpol SA
WSE:TOR
Income Statement
Earnings Waterfall
Torpol SA
Revenue
|
1.3B
PLN
|
Cost of Revenue
|
-1.2B
PLN
|
Gross Profit
|
138.4m
PLN
|
Operating Expenses
|
-46.9m
PLN
|
Operating Income
|
91.5m
PLN
|
Other Expenses
|
-11m
PLN
|
Net Income
|
80.5m
PLN
|
Income Statement
Torpol 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 |
537
N/A
|
775
+44%
|
850
+10%
|
997
+17%
|
1 212
+22%
|
1 233
+2%
|
1 224
-1%
|
1 126
-8%
|
887
-21%
|
770
-13%
|
688
-11%
|
647
-6%
|
655
+1%
|
719
+10%
|
866
+21%
|
1 053
+22%
|
1 309
+24%
|
1 526
+17%
|
2 549
+67%
|
2 615
+3%
|
2 590
-1%
|
1 604
-38%
|
1 589
-1%
|
1 529
-4%
|
1 527
0%
|
1 392
-9%
|
1 363
-2%
|
1 294
-5%
|
1 179
-9%
|
1 121
-5%
|
1 110
-1%
|
1 093
-2%
|
1 081
-1%
|
1 085
+0%
|
1 089
+0%
|
1 049
-4%
|
1 026
-2%
|
1 092
+6%
|
1 140
+4%
|
1 224
+7%
|
1 325
+8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(496)
|
(727)
|
(797)
|
(946)
|
(1 142)
|
(1 165)
|
(1 157)
|
(1 060)
|
(845)
|
(726)
|
(651)
|
(618)
|
(629)
|
(676)
|
(820)
|
(993)
|
(1 225)
|
(1 443)
|
(2 411)
|
(2 472)
|
(2 455)
|
(1 529)
|
(1 509)
|
(1 448)
|
(1 443)
|
(1 292)
|
(1 264)
|
(1 188)
|
(1 067)
|
(976)
|
(950)
|
(897)
|
(858)
|
(825)
|
(839)
|
(822)
|
(819)
|
(934)
|
(984)
|
(1 078)
|
(1 187)
|
|
Gross Profit |
41
N/A
|
48
+17%
|
53
+9%
|
51
-4%
|
70
+38%
|
68
-3%
|
67
-2%
|
66
-2%
|
42
-36%
|
44
+5%
|
37
-16%
|
29
-22%
|
26
-12%
|
43
+67%
|
47
+9%
|
60
+29%
|
84
+39%
|
83
-1%
|
138
+66%
|
143
+4%
|
135
-6%
|
75
-44%
|
80
+6%
|
80
+0%
|
84
+5%
|
100
+19%
|
99
-1%
|
106
+7%
|
112
+5%
|
145
+30%
|
160
+10%
|
196
+23%
|
223
+14%
|
259
+16%
|
250
-4%
|
227
-9%
|
207
-9%
|
158
-24%
|
157
-1%
|
146
-7%
|
138
-5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(15)
|
(16)
|
(18)
|
(18)
|
(21)
|
(25)
|
(25)
|
(27)
|
(26)
|
(27)
|
(27)
|
(25)
|
(26)
|
(22)
|
(21)
|
(22)
|
(21)
|
(32)
|
(52)
|
(54)
|
(52)
|
(33)
|
(32)
|
(33)
|
(36)
|
(37)
|
(36)
|
(36)
|
(37)
|
(38)
|
(41)
|
(44)
|
(43)
|
(41)
|
(40)
|
(42)
|
(44)
|
(45)
|
(47)
|
(46)
|
(47)
|
|
Selling, General & Administrative |
(16)
|
(15)
|
(18)
|
(19)
|
(21)
|
(24)
|
(25)
|
(27)
|
(26)
|
(26)
|
(27)
|
(26)
|
(27)
|
(21)
|
(22)
|
(22)
|
(22)
|
(30)
|
(53)
|
(55)
|
(52)
|
(30)
|
(33)
|
(32)
|
(36)
|
(32)
|
(35)
|
(36)
|
(38)
|
(35)
|
(39)
|
(41)
|
(40)
|
(36)
|
(39)
|
(40)
|
(42)
|
(42)
|
(45)
|
(45)
|
(45)
|
|
Depreciation & Amortization |
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
(0)
|
0
|
0
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
1
|
(0)
|
0
|
(2)
|
(2)
|
(0)
|
(1)
|
1
|
(2)
|
(4)
|
(3)
|
(3)
|
(1)
|
(2)
|
(2)
|
(0)
|
(1)
|
(2)
|
(3)
|
|
Operating Income |
26
N/A
|
32
+24%
|
35
+10%
|
33
-6%
|
49
+49%
|
43
-13%
|
42
-2%
|
39
-8%
|
16
-58%
|
17
+7%
|
11
-38%
|
4
-66%
|
(1)
N/A
|
21
N/A
|
26
+24%
|
39
+50%
|
63
+63%
|
51
-18%
|
86
+67%
|
89
+4%
|
83
-7%
|
43
-49%
|
48
+12%
|
48
+0%
|
48
+0%
|
63
+32%
|
62
-1%
|
70
+12%
|
74
+7%
|
107
+44%
|
119
+11%
|
152
+27%
|
180
+19%
|
218
+21%
|
210
-4%
|
186
-11%
|
163
-12%
|
113
-30%
|
109
-4%
|
99
-9%
|
92
-8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(0)
|
1
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(1)
|
2
|
2
|
2
|
2
|
1
|
1
|
(1)
|
(3)
|
(5)
|
(6)
|
(4)
|
(7)
|
(6)
|
(5)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
0
|
4
|
12
|
18
|
20
|
21
|
19
|
18
|
15
|
12
|
|
Non-Reccuring Items |
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
|
1
|
(0)
|
1
|
0
|
(2)
|
0
|
(0)
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
|
Total Other Income |
(1)
|
(2)
|
(1)
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(6)
|
(6)
|
(3)
|
(3)
|
0
|
0
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
5
|
5
|
(1)
|
(3)
|
(8)
|
(8)
|
(4)
|
(4)
|
(3)
|
(3)
|
|
Pre-Tax Income |
22
N/A
|
30
+36%
|
35
+15%
|
33
-6%
|
49
+48%
|
40
-18%
|
39
-4%
|
35
-10%
|
13
-63%
|
15
+13%
|
7
-55%
|
(1)
N/A
|
(5)
-420%
|
20
N/A
|
25
+24%
|
40
+62%
|
63
+58%
|
48
-24%
|
82
+70%
|
83
+1%
|
76
-8%
|
37
-52%
|
40
+9%
|
41
+1%
|
42
+4%
|
59
+40%
|
58
-2%
|
67
+16%
|
71
+6%
|
101
+42%
|
118
+17%
|
157
+33%
|
189
+20%
|
232
+23%
|
225
-3%
|
199
-11%
|
177
-11%
|
129
-27%
|
123
-4%
|
113
-9%
|
101
-10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(5)
|
(6)
|
(6)
|
(9)
|
(8)
|
(8)
|
(8)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(10)
|
(11)
|
(13)
|
(17)
|
(9)
|
(15)
|
(16)
|
(14)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(12)
|
(13)
|
(24)
|
(28)
|
(35)
|
(42)
|
(48)
|
(47)
|
(42)
|
(37)
|
(27)
|
(25)
|
(23)
|
(20)
|
|
Income from Continuing Operations |
19
|
25
|
29
|
27
|
40
|
32
|
31
|
27
|
9
|
10
|
4
|
(4)
|
(7)
|
10
|
14
|
28
|
47
|
39
|
67
|
67
|
62
|
30
|
32
|
33
|
33
|
49
|
48
|
55
|
58
|
77
|
91
|
122
|
147
|
184
|
178
|
157
|
139
|
102
|
98
|
90
|
81
|
|
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) |
19
N/A
|
25
+35%
|
29
+14%
|
27
-4%
|
40
+46%
|
32
-20%
|
31
-4%
|
27
-11%
|
9
-66%
|
10
+10%
|
4
-63%
|
(4)
N/A
|
(7)
-100%
|
(27)
-282%
|
(28)
-3%
|
(22)
+22%
|
(9)
+59%
|
19
N/A
|
32
+66%
|
40
+25%
|
41
+4%
|
29
-29%
|
32
+11%
|
33
+2%
|
33
+1%
|
49
+46%
|
48
-1%
|
55
+14%
|
58
+6%
|
77
+32%
|
91
+18%
|
122
+34%
|
147
+20%
|
184
+25%
|
178
-3%
|
157
-12%
|
139
-11%
|
102
-27%
|
98
-4%
|
90
-9%
|
80
-10%
|
|
EPS (Diluted) |
0.8
N/A
|
1.3
+63%
|
1.24
-5%
|
1.18
-5%
|
1.73
+47%
|
1.39
-20%
|
1.33
-4%
|
1.19
-11%
|
0.41
-66%
|
0.45
+10%
|
0.18
-60%
|
-0.14
N/A
|
-0.29
-107%
|
-1.16
-300%
|
-1.2
-3%
|
-0.92
+23%
|
-0.38
+59%
|
0.83
N/A
|
1.38
+66%
|
1.73
+25%
|
1.79
+3%
|
1.29
-28%
|
1.4
+9%
|
1.42
+1%
|
1.45
+2%
|
2.11
+46%
|
2.09
-1%
|
2.39
+14%
|
2.54
+6%
|
3.36
+32%
|
3.95
+18%
|
5.31
+34%
|
6.4
+21%
|
8
+25%
|
7.75
-3%
|
6.82
-12%
|
6.06
-11%
|
4.44
-27%
|
4.28
-4%
|
3.91
-9%
|
3.5
-10%
|