Income Statement | | | | | | | | | | | |
| | | | | | | Original | | | | |
EUR | | | Latest | | Year-to-date Ending | |
(in millions) | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | | Dec-23 | Dec-24 | |
| FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | | YTD-1 | YTD | |
| | | | | | | | | | | |
Net Revenue | 31,840 | 39,007 | 41,947 | 45,776 | 50,797 | | 50,797 | | 45,776 | 50,797 | |
% Growth | NA | 22.5% | 7.5% | 9.1% | 11.0% | | | | | 11.0% | |
| | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Selling and Marketing | (523) | (510) | (559) | (603) | (540) | | (540) | | (603) | (540) | |
General and Admin | (20,070) | (20,347) | (22,785) | (24,252) | (24,938) | | (24,938) | | (24,252) | (24,938) | |
Other Exp / (Inc) | (13,323) | (3,603) | (3,353) | (4,462) | (6,292) | | (6,292) | | (4,462) | (6,292) | |
Total Operating Exp | (33,916) | (24,460) | (26,697) | (29,317) | (31,770) | | (31,770) | | (29,317) | (31,770) | |
| | | | | | | | | | | |
Operating Income | (2,076) | 14,547 | 15,250 | 16,459 | 19,027 | | 19,027 | | 16,459 | 19,027 | |
% Revenue | -6.5% | 37.3% | 36.4% | 36.0% | 37.5% | | 37.5% | | 36.0% | 37.5% | |
| | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Pre-tax Income | (2,076) | 14,547 | 15,250 | 16,459 | 19,027 | | 19,027 | | 16,459 | 19,027 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Provision for Taxes | (5,632) | (4,894) | (4,486) | (4,276) | (5,283) | | (5,283) | | (4,276) | (5,283) | |
Net Income to Company | (7,708) | 9,653 | 10,764 | 12,183 | 13,744 | | 13,744 | | 12,183 | 13,744 | |
% Margin | -24.2% | 24.7% | 25.7% | 26.6% | 27.1% | | 27.1% | | 26.6% | 27.1% | |
| | | | | | | | | | | |
Minority Interest in Earnings | (1,063) | (1,529) | (1,159) | (1,107) | (1,170) | | (1,170) | | (1,107) | (1,170) | |
Net Income to Stockholders | (8,771) | 8,124 | 9,605 | 11,076 | 12,574 | | 12,574 | | 11,076 | 12,574 | |
| | | | | | | | | | | |
Preferred Dividends | (552) | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Other Adj. | 0 | (566) | (529) | (492) | (620) | | (620) | | (492) | (620) | |
| | | | | | | | | | | |
Net Income to Common | (9,323) | 7,558 | 9,076 | 10,584 | 11,954 | | 11,954 | | 10,584 | 11,954 | |
% Margin | -29.3% | 19.4% | 21.6% | 23.1% | 23.5% | | 23.5% | | 23.1% | 23.5% | |
| | | | | | | | | | | |
As Reported | | | | | | | | | | | |
Basic EPS (Continuing Ops) | (0.54) | 0.44 | 0.54 | 0.65 | 0.77 | | 0.77 | | 0.65 | 0.77 | |
Diluted EPS (Continuing Ops) | (0.54) | 0.44 | 0.54 | 0.65 | 0.77 | | 0.77 | | 0.65 | 0.77 | |
| | | | | | | | | | | |
WA Basic Shares Out. | 17,316 | 17,272 | 16,848 | 16,172 | 15,498 | | 15,498 | | 16,172 | 15,498 | |
WA Diluted Shares Out. | 17,316 | 17,321 | 16,904 | 16,247 | 15,568 | | 15,568 | | 16,247 | 15,568 | |
| | | | | | | | | | | |
Unusual Items Reconciliation | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Restructuring Charges | 1,114 | 530 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Goodwill Impairment | 10,100 | 6 | 0 | 20 | 4 | | 4 | | 20 | 4 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Asset Writedown | 316 | 215 | 215 | 189 | 613 | | 613 | | 189 | 613 | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Other Unusual Items | (8) | 0 | 674 | 977 | 1,225 | | 1,225 | | 977 | 1,225 | |
Total Unusual Items | 11,522 | 751 | 889 | 1,186 | 1,842 | | 1,842 | | 1,186 | 1,842 | |
% Margin | 36.2% | 1.9% | 2.1% | 2.6% | 3.6% | | 3.6% | | 2.6% | 3.6% | |
| | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | |
Net Income to Company | (7,708) | 9,653 | 10,764 | 12,183 | 13,744 | | 13,744 | | 12,183 | 13,744 | |
Addback: Unusual Items | 11,522 | 751 | 889 | 1,186 | 1,842 | | 1,842 | | 1,186 | 1,842 | |
Less: Tax Benefit of Unusual Items (26%) | (2,996) | (195) | (231) | (308) | (479) | | (479) | | (308) | (479) | |
Adjusted Net Income | 818 | 10,209 | 11,422 | 13,061 | 15,107 | | 15,107 | | 13,061 | 15,107 | |
% Margin | 2.6% | 26.2% | 27.2% | 28.5% | 29.7% | | 29.7% | | 28.5% | 29.7% | |
| | | | | | | | | | | |
Adjusted Basic EPS | 0.05 | 0.59 | 0.68 | 0.81 | 0.97 | | 0.97 | | 0.81 | 0.97 | |