SOL SpA
MIL:SOL
Income Statement
Earnings Waterfall
SOL SpA
Income Statement
SOL SpA
| Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Mar-2011 | Jun-2011 | Mar-2012 | Jun-2012 | 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 |
2
|
0
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
10
|
14
|
17
|
19
|
0
|
|
| Revenue |
340
N/A
|
344
+1%
|
349
+1%
|
360
+3%
|
371
+3%
|
382
+3%
|
397
+4%
|
406
+2%
|
413
+2%
|
423
+2%
|
433
+2%
|
441
+2%
|
450
+2%
|
231
-49%
|
229
-1%
|
344
+50%
|
466
+35%
|
478
+3%
|
493
+3%
|
271
-45%
|
283
+5%
|
287
+1%
|
290
+1%
|
412
+42%
|
834
+102%
|
868
+4%
|
904
+4%
|
930
+3%
|
974
+5%
|
1 043
+7%
|
1 113
+7%
|
1 230
+11%
|
1 379
+12%
|
1 457
+6%
|
1 487
+2%
|
1 531
+3%
|
1 610
+5%
|
1 705
+6%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(95)
|
(95)
|
(104)
|
(101)
|
(104)
|
(108)
|
(121)
|
(116)
|
(119)
|
(121)
|
(121)
|
(122)
|
(121)
|
(60)
|
(59)
|
(87)
|
(116)
|
(118)
|
(124)
|
(70)
|
(72)
|
(72)
|
(71)
|
(94)
|
(189)
|
(197)
|
(201)
|
(203)
|
(214)
|
(236)
|
(285)
|
(371)
|
(481)
|
(474)
|
(404)
|
(388)
|
(403)
|
(437)
|
|
| Gross Profit |
245
N/A
|
249
+1%
|
245
-2%
|
259
+6%
|
267
+3%
|
274
+3%
|
275
+0%
|
290
+5%
|
295
+2%
|
303
+3%
|
312
+3%
|
319
+3%
|
329
+3%
|
171
-48%
|
170
-1%
|
258
+51%
|
350
+36%
|
360
+3%
|
370
+3%
|
201
-46%
|
212
+5%
|
215
+2%
|
219
+2%
|
317
+45%
|
644
+103%
|
671
+4%
|
703
+5%
|
728
+3%
|
760
+4%
|
807
+6%
|
828
+3%
|
859
+4%
|
898
+5%
|
982
+9%
|
1 083
+10%
|
1 143
+6%
|
1 207
+6%
|
1 268
+5%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(209)
|
(213)
|
(209)
|
(222)
|
(234)
|
(241)
|
(233)
|
(246)
|
(246)
|
(251)
|
(266)
|
(272)
|
(279)
|
(145)
|
(146)
|
(219)
|
(300)
|
(306)
|
(314)
|
(167)
|
(178)
|
(184)
|
(189)
|
(269)
|
(553)
|
(583)
|
(605)
|
(613)
|
(621)
|
(651)
|
(693)
|
(710)
|
(707)
|
(764)
|
(855)
|
(912)
|
(971)
|
(1 019)
|
|
| Selling, General & Administrative |
(157)
|
(161)
|
(164)
|
(169)
|
(173)
|
(178)
|
(183)
|
(187)
|
(192)
|
(195)
|
(200)
|
(206)
|
(211)
|
(111)
|
(111)
|
(164)
|
(225)
|
(229)
|
(235)
|
(127)
|
(134)
|
(139)
|
(144)
|
(213)
|
(436)
|
(462)
|
(484)
|
(489)
|
(494)
|
(522)
|
(559)
|
(590)
|
(631)
|
(675)
|
(715)
|
(756)
|
(802)
|
(841)
|
|
| Depreciation & Amortization |
(37)
|
(38)
|
(38)
|
(40)
|
(41)
|
(42)
|
(43)
|
(44)
|
(46)
|
(46)
|
(48)
|
(49)
|
(49)
|
(25)
|
(26)
|
(41)
|
(56)
|
(57)
|
(58)
|
(30)
|
(31)
|
(32)
|
(34)
|
(43)
|
(89)
|
(97)
|
(105)
|
(108)
|
(111)
|
(114)
|
(119)
|
(124)
|
(129)
|
(137)
|
(145)
|
(151)
|
(156)
|
(163)
|
|
| Other Operating Expenses |
(14)
|
(13)
|
(7)
|
(13)
|
(21)
|
(21)
|
(6)
|
(15)
|
(8)
|
(10)
|
(18)
|
(18)
|
(18)
|
(9)
|
(9)
|
(14)
|
(20)
|
(21)
|
(21)
|
(11)
|
(13)
|
(12)
|
(11)
|
(13)
|
(28)
|
(24)
|
(16)
|
(15)
|
(16)
|
(15)
|
(16)
|
4
|
53
|
47
|
5
|
(5)
|
(13)
|
(16)
|
|
| Operating Income |
37
N/A
|
36
-1%
|
36
+1%
|
37
+3%
|
33
-13%
|
33
+1%
|
42
+28%
|
43
+3%
|
49
+12%
|
51
+6%
|
46
-10%
|
47
+3%
|
51
+7%
|
26
-48%
|
24
-9%
|
39
+61%
|
50
+29%
|
54
+9%
|
56
+4%
|
34
-40%
|
34
N/A
|
32
-7%
|
30
-6%
|
48
+61%
|
91
+90%
|
88
-3%
|
98
+11%
|
115
+17%
|
139
+21%
|
155
+12%
|
135
-13%
|
149
+11%
|
192
+29%
|
218
+14%
|
228
+5%
|
231
+1%
|
236
+2%
|
249
+5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
(1)
|
(3)
|
(5)
|
(5)
|
(5)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(9)
|
(8)
|
(9)
|
(9)
|
(12)
|
(15)
|
(16)
|
(18)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
(7)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(1)
|
(2)
|
(0)
|
(9)
|
(9)
|
1
|
0
|
1
|
1
|
1
|
1
|
(1)
|
(1)
|
0
|
1
|
|
| Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(6)
|
(6)
|
(4)
|
(4)
|
(3)
|
(1)
|
(7)
|
(7)
|
(1)
|
2
|
0
|
(1)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
|
| Pre-Tax Income |
32
N/A
|
31
-3%
|
32
+2%
|
33
+4%
|
28
-14%
|
29
+1%
|
30
+6%
|
31
+2%
|
36
+16%
|
38
+7%
|
40
+5%
|
41
+2%
|
45
+9%
|
23
-49%
|
20
-11%
|
35
+72%
|
43
+23%
|
48
+10%
|
49
+3%
|
31
-37%
|
31
+0%
|
27
-13%
|
25
-8%
|
43
+73%
|
81
+90%
|
79
-2%
|
80
+1%
|
97
+21%
|
130
+35%
|
146
+12%
|
126
-14%
|
141
+12%
|
180
+27%
|
204
+14%
|
211
+3%
|
210
0%
|
216
+3%
|
226
+5%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(14)
|
(14)
|
(14)
|
(14)
|
(11)
|
(11)
|
(13)
|
(13)
|
(16)
|
(17)
|
(12)
|
(12)
|
(4)
|
(1)
|
(7)
|
(7)
|
(17)
|
(18)
|
(20)
|
(11)
|
(10)
|
(9)
|
(9)
|
(14)
|
(27)
|
(28)
|
(28)
|
(30)
|
(22)
|
(25)
|
(32)
|
(34)
|
(42)
|
(50)
|
(58)
|
(62)
|
(61)
|
(62)
|
|
| Income from Continuing Operations |
18
|
18
|
18
|
19
|
17
|
17
|
18
|
18
|
20
|
22
|
28
|
29
|
40
|
22
|
13
|
28
|
26
|
29
|
29
|
20
|
21
|
18
|
15
|
29
|
54
|
52
|
52
|
66
|
108
|
121
|
94
|
107
|
138
|
154
|
153
|
148
|
155
|
164
|
|
| Income to Minority Interest |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(4)
|
(3)
|
(4)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
|
| Net Income (Common) |
17
N/A
|
17
+1%
|
17
+1%
|
19
+7%
|
16
-12%
|
16
-1%
|
17
+2%
|
17
+3%
|
19
+12%
|
21
+8%
|
27
+29%
|
28
+5%
|
39
+38%
|
21
-45%
|
13
-40%
|
27
+116%
|
25
-8%
|
28
+13%
|
28
-1%
|
19
-33%
|
20
+6%
|
17
-14%
|
15
-13%
|
28
+87%
|
52
+86%
|
49
-5%
|
49
+0%
|
66
+35%
|
103
+55%
|
115
+12%
|
90
-22%
|
104
+16%
|
134
+29%
|
149
+11%
|
146
-2%
|
141
-3%
|
148
+5%
|
156
+6%
|
|
| EPS (Diluted) |
0.18
N/A
|
0.18
N/A
|
0.19
+6%
|
0.2
+5%
|
0.18
-10%
|
0.18
N/A
|
0.19
+6%
|
0.19
N/A
|
0.21
+11%
|
0.23
+10%
|
0.3
+30%
|
0.31
+3%
|
0.43
+39%
|
0.23
-47%
|
0.14
-39%
|
0.3
+114%
|
0.28
-7%
|
0.31
+11%
|
0.3
-3%
|
0.21
-30%
|
0.23
+10%
|
0.19
-17%
|
0.16
-16%
|
0.31
+94%
|
0.57
+84%
|
0.54
-5%
|
0.54
N/A
|
0.73
+35%
|
1.14
+56%
|
1.27
+11%
|
0.99
-22%
|
1.14
+15%
|
1.47
+29%
|
1.64
+12%
|
1.61
-2%
|
1.56
-3%
|
1.63
+4%
|
1.72
+6%
|
|