Sipef NV
XBRU:SIP
Income Statement
Earnings Waterfall
Sipef NV
Income Statement
Sipef NV
| Dec-2002 | Jun-2003 | Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | 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 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
4
|
0
|
5
|
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
|
0
|
0
|
|
| Revenue |
110
N/A
|
129
+17%
|
146
+13%
|
165
+13%
|
175
+6%
|
145
-17%
|
148
+2%
|
157
+6%
|
163
+4%
|
175
+8%
|
210
+19%
|
260
+24%
|
279
+7%
|
257
-8%
|
238
-7%
|
248
+4%
|
279
+13%
|
329
+18%
|
368
+12%
|
365
-1%
|
333
-9%
|
307
-8%
|
292
-5%
|
294
+1%
|
286
-3%
|
246
-14%
|
226
-8%
|
225
0%
|
267
+18%
|
307
+15%
|
322
+5%
|
305
-5%
|
275
-10%
|
248
-10%
|
248
0%
|
253
+2%
|
274
+8%
|
339
+24%
|
416
+23%
|
484
+16%
|
527
+9%
|
496
-6%
|
444
-11%
|
428
-4%
|
444
+4%
|
490
+10%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(69)
|
(109)
|
(89)
|
(127)
|
(99)
|
(103)
|
(110)
|
(119)
|
(119)
|
(118)
|
(130)
|
(157)
|
(185)
|
(176)
|
(145)
|
(147)
|
(158)
|
(187)
|
(227)
|
(240)
|
(217)
|
(211)
|
(192)
|
(202)
|
(202)
|
(188)
|
(182)
|
(184)
|
(193)
|
(201)
|
(200)
|
(195)
|
(201)
|
(205)
|
(212)
|
(210)
|
(212)
|
(232)
|
(249)
|
(257)
|
(308)
|
(332)
|
(294)
|
(285)
|
(287)
|
(287)
|
|
| Gross Profit |
41
N/A
|
20
-51%
|
56
+182%
|
39
-31%
|
76
+95%
|
43
-44%
|
38
-11%
|
38
-1%
|
43
+16%
|
57
+31%
|
80
+40%
|
103
+29%
|
94
-8%
|
81
-14%
|
93
+14%
|
100
+8%
|
121
+21%
|
142
+17%
|
141
-1%
|
125
-11%
|
116
-7%
|
97
-16%
|
99
+3%
|
93
-7%
|
84
-9%
|
59
-31%
|
44
-25%
|
42
-4%
|
74
+77%
|
105
+43%
|
122
+16%
|
110
-10%
|
74
-32%
|
44
-41%
|
36
-17%
|
42
+17%
|
62
+45%
|
107
+73%
|
167
+56%
|
227
+36%
|
219
-3%
|
164
-25%
|
149
-9%
|
144
-4%
|
157
+9%
|
202
+29%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(23)
|
(2)
|
(34)
|
(11)
|
(43)
|
(8)
|
(17)
|
(16)
|
(20)
|
(18)
|
(30)
|
(34)
|
(36)
|
(32)
|
(29)
|
(31)
|
(36)
|
(40)
|
(40)
|
(42)
|
(56)
|
(59)
|
(57)
|
(47)
|
(43)
|
(19)
|
(22)
|
(22)
|
(25)
|
52
|
49
|
(26)
|
(22)
|
(29)
|
(32)
|
(31)
|
(31)
|
(23)
|
(37)
|
(47)
|
(42)
|
(40)
|
(43)
|
(45)
|
(54)
|
(60)
|
|
| Selling, General & Administrative |
(16)
|
0
|
(25)
|
(8)
|
(31)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(17)
|
(19)
|
(20)
|
(18)
|
(18)
|
(19)
|
(20)
|
(22)
|
(25)
|
(25)
|
(25)
|
(25)
|
(25)
|
(26)
|
(25)
|
(25)
|
(23)
|
(23)
|
(27)
|
(29)
|
(31)
|
(33)
|
(32)
|
(32)
|
(31)
|
(30)
|
(31)
|
(33)
|
(37)
|
(44)
|
(43)
|
(42)
|
(46)
|
(47)
|
(48)
|
(52)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(3)
|
(7)
|
(6)
|
(15)
|
(16)
|
(18)
|
(17)
|
(13)
|
(12)
|
(14)
|
(17)
|
(18)
|
(20)
|
(27)
|
(31)
|
(29)
|
(19)
|
(22)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
(6)
|
(2)
|
(9)
|
0
|
(11)
|
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
|
|
| Other Operating Expenses |
(1)
|
0
|
0
|
(1)
|
(2)
|
6
|
1
|
0
|
1
|
3
|
2
|
1
|
2
|
3
|
2
|
(0)
|
(2)
|
(0)
|
2
|
3
|
(3)
|
(3)
|
(3)
|
(2)
|
5
|
5
|
1
|
1
|
2
|
81
|
80
|
7
|
10
|
3
|
(1)
|
(1)
|
0
|
10
|
(0)
|
(4)
|
0
|
3
|
2
|
2
|
(6)
|
(8)
|
|
| Operating Income |
18
N/A
|
18
-1%
|
22
+26%
|
28
+25%
|
33
+19%
|
34
+3%
|
21
-38%
|
21
N/A
|
23
+8%
|
39
+71%
|
50
+26%
|
70
+40%
|
59
-16%
|
49
-17%
|
64
+30%
|
69
+9%
|
85
+23%
|
103
+21%
|
101
-2%
|
83
-18%
|
60
-27%
|
38
-37%
|
43
+11%
|
46
+8%
|
42
-9%
|
39
-6%
|
22
-44%
|
19
-11%
|
49
+152%
|
157
+221%
|
171
+9%
|
84
-51%
|
52
-38%
|
14
-72%
|
4
-72%
|
11
+176%
|
31
+174%
|
84
+173%
|
130
+55%
|
180
+39%
|
177
-1%
|
125
-30%
|
106
-15%
|
99
-7%
|
103
+4%
|
143
+38%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(3)
|
1
|
(5)
|
2
|
(5)
|
0
|
4
|
0
|
(1)
|
(0)
|
3
|
5
|
4
|
4
|
1
|
(3)
|
0
|
9
|
3
|
(1)
|
3
|
0
|
(3)
|
1
|
(1)
|
(4)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(2)
|
(1)
|
(5)
|
(2)
|
1
|
3
|
(4)
|
(4)
|
2
|
|
| Non-Reccuring Items |
(1)
|
2
|
(2)
|
(2)
|
4
|
(3)
|
1
|
4
|
12
|
11
|
24
|
25
|
23
|
20
|
19
|
20
|
33
|
41
|
29
|
21
|
34
|
39
|
37
|
28
|
30
|
0
|
(0)
|
3
|
(1)
|
0
|
(1)
|
(0)
|
(2)
|
(4)
|
1
|
0
|
0
|
4
|
10
|
3
|
1
|
0
|
2
|
2
|
1
|
2
|
|
| Total Other Income |
(2)
|
(6)
|
(1)
|
(6)
|
(1)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
1
|
0
|
(2)
|
0
|
(4)
|
0
|
(2)
|
(0)
|
(3)
|
0
|
|
| Pre-Tax Income |
11
N/A
|
15
+33%
|
15
-1%
|
22
+49%
|
31
+39%
|
28
-11%
|
23
-18%
|
23
+1%
|
32
+37%
|
49
+54%
|
74
+52%
|
95
+29%
|
83
-13%
|
70
-15%
|
83
+18%
|
85
+2%
|
119
+40%
|
152
+29%
|
132
-13%
|
102
-23%
|
98
-5%
|
78
-20%
|
76
-2%
|
75
-1%
|
71
-6%
|
35
-51%
|
21
-40%
|
21
+3%
|
46
+115%
|
156
+239%
|
169
+9%
|
82
-51%
|
47
-43%
|
7
-85%
|
1
-88%
|
7
+727%
|
28
+298%
|
85
+205%
|
137
+60%
|
177
+30%
|
173
-3%
|
124
-28%
|
108
-13%
|
96
-11%
|
97
+1%
|
146
+50%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
(6)
|
(7)
|
(9)
|
(11)
|
(10)
|
(8)
|
(7)
|
(9)
|
(15)
|
(23)
|
(28)
|
(23)
|
(17)
|
(19)
|
(20)
|
(29)
|
(33)
|
(31)
|
(28)
|
(25)
|
(21)
|
(17)
|
(17)
|
(23)
|
(12)
|
(6)
|
(8)
|
(12)
|
(21)
|
(24)
|
(21)
|
(14)
|
(5)
|
(7)
|
(8)
|
(11)
|
(22)
|
(36)
|
(56)
|
(60)
|
(46)
|
(31)
|
(24)
|
(26)
|
(40)
|
|
| Income from Continuing Operations |
7
|
9
|
8
|
14
|
21
|
18
|
15
|
16
|
23
|
34
|
51
|
68
|
60
|
53
|
64
|
64
|
89
|
120
|
101
|
74
|
73
|
57
|
59
|
58
|
48
|
23
|
15
|
14
|
34
|
136
|
145
|
61
|
33
|
2
|
(6)
|
(1)
|
17
|
63
|
101
|
121
|
113
|
79
|
77
|
72
|
72
|
106
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(5)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(7)
|
(9)
|
(7)
|
(4)
|
(5)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(8)
|
(9)
|
(4)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(4)
|
(6)
|
(6)
|
(4)
|
(2)
|
(4)
|
(4)
|
(4)
|
(6)
|
|
| Equity Earnings Affiliates |
(1)
|
(1)
|
0
|
2
|
1
|
0
|
0
|
1
|
2
|
2
|
2
|
2
|
0
|
(1)
|
1
|
3
|
3
|
(1)
|
0
|
1
|
1
|
4
|
0
|
13
|
12
|
10
|
6
|
5
|
9
|
9
|
3
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
| Net Income (Common) |
6
N/A
|
8
+35%
|
7
-10%
|
14
+97%
|
18
+35%
|
16
-15%
|
14
-12%
|
15
+7%
|
22
+50%
|
33
+52%
|
48
+44%
|
66
+37%
|
59
-11%
|
49
-17%
|
60
+24%
|
63
+4%
|
85
+35%
|
110
+30%
|
95
-14%
|
70
-26%
|
68
-3%
|
56
-19%
|
56
0%
|
68
+22%
|
56
-17%
|
30
-47%
|
19
-38%
|
17
-8%
|
40
+132%
|
136
+242%
|
140
+2%
|
57
-59%
|
30
-47%
|
0
-100%
|
(8)
N/A
|
(4)
+56%
|
14
N/A
|
58
+313%
|
94
+61%
|
114
+22%
|
108
-5%
|
75
-30%
|
72
-4%
|
67
-8%
|
66
-1%
|
99
+50%
|
|
| EPS (Diluted) |
0.8
N/A
|
1.08
+35%
|
0.98
-9%
|
1.56
+59%
|
2.13
+37%
|
1.81
-15%
|
1.57
-13%
|
1.66
+6%
|
2.49
+50%
|
3.79
+52%
|
5.39
+42%
|
7.33
+36%
|
6.53
-11%
|
5.4
-17%
|
6.68
+24%
|
6.97
+4%
|
9.42
+35%
|
12.23
+30%
|
10.68
-13%
|
7.88
-26%
|
7.69
-2%
|
6.27
-18%
|
6.26
0%
|
7.62
+22%
|
6.33
-17%
|
3.38
-47%
|
2.11
-38%
|
1.94
-8%
|
4.5
+132%
|
14.82
+229%
|
14.19
-4%
|
5.44
-62%
|
2.88
-47%
|
0.01
-100%
|
-0.77
N/A
|
-0.34
+56%
|
1.36
N/A
|
5.6
+312%
|
8.99
+61%
|
10.96
+22%
|
10.36
-5%
|
7.25
-30%
|
6.95
-4%
|
6.4
-8%
|
6.33
-1%
|
9.45
+49%
|
|