Krynicki Recykling SA
WSE:KRC
Income Statement
Earnings Waterfall
Krynicki Recykling SA
Income Statement
Krynicki Recykling SA
| Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
32
N/A
|
34
+7%
|
37
+9%
|
40
+8%
|
45
+11%
|
48
+6%
|
52
+10%
|
55
+4%
|
54
-1%
|
56
+2%
|
59
+5%
|
63
+7%
|
67
+8%
|
73
+8%
|
72
-1%
|
74
+2%
|
75
+2%
|
71
-5%
|
74
+3%
|
73
0%
|
72
-1%
|
76
+5%
|
80
+5%
|
81
+1%
|
83
+4%
|
85
+2%
|
87
+2%
|
90
+4%
|
93
+3%
|
97
+4%
|
97
+0%
|
99
+3%
|
98
-2%
|
98
+0%
|
104
+6%
|
111
+7%
|
120
+8%
|
125
+4%
|
126
+1%
|
125
-1%
|
128
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(20)
|
(23)
|
(23)
|
(23)
|
(29)
|
(30)
|
(33)
|
(35)
|
(32)
|
(33)
|
(36)
|
(39)
|
(42)
|
(45)
|
(45)
|
(47)
|
(49)
|
(27)
|
(49)
|
(47)
|
(46)
|
(27)
|
(51)
|
(52)
|
(54)
|
(30)
|
(58)
|
(60)
|
(62)
|
(35)
|
(65)
|
(65)
|
(55)
|
(29)
|
(33)
|
(22)
|
(21)
|
(23)
|
(27)
|
(30)
|
(36)
|
|
| Gross Profit |
12
N/A
|
12
+0%
|
14
+21%
|
17
+19%
|
16
-8%
|
18
+12%
|
19
+11%
|
20
+1%
|
22
+11%
|
22
+2%
|
23
+4%
|
24
+4%
|
25
+6%
|
28
+13%
|
27
-6%
|
26
-2%
|
26
0%
|
44
+69%
|
25
-44%
|
26
+7%
|
26
-2%
|
49
+88%
|
29
-40%
|
28
-4%
|
29
+5%
|
55
+88%
|
29
-48%
|
30
+5%
|
31
+3%
|
62
+98%
|
32
-48%
|
34
+6%
|
43
+25%
|
69
+60%
|
71
+4%
|
89
+25%
|
99
+11%
|
101
+3%
|
99
-2%
|
95
-4%
|
91
-4%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(7)
|
(7)
|
(8)
|
(10)
|
(10)
|
(9)
|
(11)
|
(10)
|
(11)
|
(12)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(36)
|
(15)
|
(15)
|
(14)
|
(39)
|
(17)
|
(17)
|
(18)
|
(44)
|
(19)
|
(19)
|
(19)
|
(49)
|
(20)
|
(21)
|
(31)
|
(53)
|
(46)
|
(56)
|
(59)
|
(65)
|
(67)
|
(72)
|
(75)
|
|
| Selling, General & Administrative |
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(14)
|
|
| Depreciation & Amortization |
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
|
| Other Operating Expenses |
(0)
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
3
|
(17)
|
4
|
3
|
3
|
(19)
|
2
|
2
|
1
|
(24)
|
1
|
1
|
1
|
(29)
|
2
|
2
|
(8)
|
(28)
|
(21)
|
(30)
|
(31)
|
(36)
|
(39)
|
(44)
|
(46)
|
|
| Operating Income |
6
N/A
|
4
-22%
|
6
+39%
|
8
+22%
|
6
-24%
|
8
+46%
|
9
+6%
|
9
+5%
|
11
+13%
|
10
-4%
|
9
-11%
|
9
-3%
|
9
+5%
|
12
+34%
|
11
-10%
|
10
-10%
|
10
+0%
|
9
-12%
|
10
+15%
|
12
+17%
|
12
-2%
|
10
-13%
|
12
+21%
|
11
-10%
|
12
+8%
|
12
-1%
|
10
-16%
|
11
+14%
|
12
+3%
|
12
+6%
|
12
0%
|
13
+7%
|
11
-12%
|
16
+40%
|
25
+53%
|
32
+32%
|
40
+23%
|
37
-8%
|
32
-14%
|
23
-28%
|
17
-26%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
|
| Non-Reccuring Items |
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(1)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
(1)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Pre-Tax Income |
4
N/A
|
3
-35%
|
4
+55%
|
5
+24%
|
3
-36%
|
5
+48%
|
7
+30%
|
7
+8%
|
8
+17%
|
8
-10%
|
7
-9%
|
7
-5%
|
7
+8%
|
10
+44%
|
9
-12%
|
8
-8%
|
8
0%
|
7
-14%
|
9
+22%
|
10
+17%
|
10
-1%
|
9
-12%
|
10
+16%
|
9
-10%
|
10
+9%
|
10
-1%
|
8
-16%
|
9
+15%
|
10
+6%
|
10
+5%
|
11
+4%
|
12
+9%
|
10
-15%
|
15
+45%
|
23
+56%
|
30
+31%
|
38
+25%
|
35
-8%
|
29
-16%
|
20
-30%
|
14
-33%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(3)
|
(4)
|
(6)
|
(8)
|
(7)
|
(5)
|
(4)
|
(2)
|
|
| Income from Continuing Operations |
4
|
2
|
3
|
4
|
3
|
4
|
5
|
6
|
7
|
6
|
5
|
5
|
5
|
8
|
7
|
6
|
7
|
6
|
7
|
9
|
8
|
8
|
9
|
8
|
9
|
9
|
7
|
8
|
9
|
9
|
9
|
10
|
9
|
12
|
18
|
24
|
30
|
28
|
24
|
17
|
11
|
|
| 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) |
4
N/A
|
2
-35%
|
3
+48%
|
4
+28%
|
3
-36%
|
4
+48%
|
5
+24%
|
6
+7%
|
7
+15%
|
6
-9%
|
5
-9%
|
5
-7%
|
5
+9%
|
8
+46%
|
7
-12%
|
6
-10%
|
7
+4%
|
6
-13%
|
7
+25%
|
9
+20%
|
8
-3%
|
8
-6%
|
9
+16%
|
8
-10%
|
9
+11%
|
9
-2%
|
7
-16%
|
8
+13%
|
9
+3%
|
9
+0%
|
9
+5%
|
10
+12%
|
9
-11%
|
12
+32%
|
14
+20%
|
20
+39%
|
25
+27%
|
28
+11%
|
24
-15%
|
17
-31%
|
11
-31%
|
|
| EPS (Diluted) |
0.25
N/A
|
0.16
-36%
|
0.24
+50%
|
0.27
+13%
|
0.19
-30%
|
0.26
+37%
|
0.32
+23%
|
0.33
+3%
|
0.37
+12%
|
0.34
-8%
|
0.31
-9%
|
0.29
-6%
|
0.31
+7%
|
0.46
+48%
|
0.41
-11%
|
0.37
-10%
|
0.38
+3%
|
0.32
-16%
|
0.4
+25%
|
0.48
+20%
|
0.48
N/A
|
0.45
-6%
|
0.53
+18%
|
0.47
-11%
|
0.46
-2%
|
0.51
+11%
|
0.41
-20%
|
0.47
+15%
|
0.5
+6%
|
0.5
N/A
|
0.52
+4%
|
0.59
+13%
|
0.52
-12%
|
0.68
+31%
|
0.82
+21%
|
1.14
+39%
|
1.45
+27%
|
1.62
+12%
|
1.37
-15%
|
0.95
-31%
|
0.66
-31%
|
|