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Income Statement

Earnings Waterfall
Text SA

Revenue
340.1m PLN
Cost of Revenue
-122.3m PLN
Gross Profit
217.8m PLN
Operating Expenses
-27.2m PLN
Operating Income
190.6m PLN
Other Expenses
-13.1m PLN
Net Income
177.5m PLN

Income Statement
Text SA

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Income Statement
Currency: PLN
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 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023
Revenue
Revenue
16
N/A
19
+15%
21
+12%
25
+19%
29
+15%
33
+14%
38
+16%
42
+11%
48
+13%
53
+10%
58
+10%
64
+9%
70
+10%
76
+8%
81
+6%
85
+5%
88
+3%
89
+2%
93
+4%
98
+5%
103
+5%
109
+6%
114
+4%
120
+5%
124
+4%
131
+5%
142
+9%
153
+8%
167
+9%
179
+7%
186
+4%
199
+7%
209
+5%
223
+7%
240
+8%
259
+8%
289
+11%
316
+9%
332
+5%
337
+1%
340
+1%
Gross Profit
Cost of Revenue
(4)
(5)
(6)
(7)
(8)
(8)
(9)
(10)
(12)
(14)
(16)
(18)
(18)
(19)
(21)
(20)
(21)
(22)
(21)
(24)
(26)
(28)
(31)
(33)
(35)
(37)
(42)
(49)
(55)
(60)
(64)
(63)
(67)
(76)
(83)
(93)
(102)
(107)
(113)
(117)
(122)
Gross Profit
12
N/A
14
+14%
16
+13%
18
+17%
21
+19%
25
+18%
29
+15%
33
+12%
36
+10%
39
+9%
42
+9%
46
+10%
52
+13%
58
+10%
61
+5%
65
+7%
67
+2%
68
+2%
72
+6%
74
+3%
77
+4%
81
+5%
83
+2%
87
+5%
89
+3%
94
+5%
100
+7%
104
+3%
112
+8%
120
+7%
123
+3%
136
+11%
142
+4%
146
+3%
158
+8%
166
+5%
187
+13%
209
+12%
220
+5%
219
0%
218
-1%
Operating Income
Operating Expenses
(2)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(4)
(4)
(4)
(4)
(4)
(5)
(5)
(6)
(7)
(7)
(8)
(9)
(10)
(12)
(12)
(12)
(12)
(11)
(11)
(11)
(12)
(13)
(15)
(16)
(18)
(19)
(21)
(23)
(23)
(24)
(25)
(27)
Selling, General & Administrative
(1)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(4)
(4)
(4)
(4)
(4)
(5)
(5)
(6)
(7)
(7)
(8)
(9)
(10)
(12)
(12)
(12)
(12)
(11)
(11)
(11)
(12)
(13)
(15)
(16)
(17)
(18)
(20)
(22)
(24)
(25)
(26)
(27)
Other Operating Expenses
(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
(1)
(1)
(1)
(1)
0
0
0
0
Operating Income
10
N/A
12
+17%
14
+13%
16
+17%
20
+23%
23
+18%
27
+14%
29
+11%
32
+9%
35
+8%
39
+11%
43
+10%
48
+13%
53
+11%
56
+5%
60
+7%
60
+1%
61
+2%
65
+6%
67
+2%
68
+2%
71
+4%
71
+1%
74
+4%
77
+4%
82
+6%
90
+9%
93
+4%
101
+9%
107
+6%
109
+2%
121
+11%
125
+3%
128
+2%
139
+8%
145
+5%
164
+13%
186
+13%
195
+5%
194
-1%
191
-2%
Pre-Tax Income
Interest Income Expense
0
0
0
(0)
(0)
0
(0)
0
(0)
0
0
0
1
0
0
(1)
(1)
(1)
(1)
(0)
0
0
0
0
0
0
(1)
(0)
(0)
0
1
0
(1)
(0)
(0)
(0)
0
(0)
(0)
(0)
(0)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
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
Pre-Tax Income
10
N/A
12
+17%
14
+14%
16
+16%
20
+23%
23
+17%
26
+14%
30
+13%
32
+8%
35
+10%
39
+11%
43
+9%
49
+14%
54
+10%
56
+5%
59
+5%
59
+1%
60
+2%
64
+6%
66
+4%
68
+2%
71
+4%
72
+1%
74
+4%
77
+4%
82
+6%
89
+9%
93
+5%
101
+9%
107
+6%
110
+3%
121
+10%
125
+3%
128
+3%
138
+8%
145
+5%
165
+13%
185
+12%
195
+5%
194
0%
190
-2%
Net Income
Tax Provision
(2)
(2)
(3)
(3)
(4)
(5)
(5)
(6)
(6)
(7)
(8)
(9)
(10)
(11)
(11)
(11)
(12)
(12)
(12)
(13)
(13)
(14)
(14)
(14)
(15)
(6)
(7)
(1)
1
(7)
(4)
(8)
(9)
(9)
(10)
(10)
(12)
(13)
(13)
(13)
(13)
Income from Continuing Operations
8
10
11
13
16
19
21
24
26
28
31
34
39
43
45
47
48
48
51
54
55
57
58
60
62
76
82
91
102
100
106
113
116
119
128
135
153
172
182
181
178
Net Income (Common)
8
N/A
10
+18%
11
+14%
13
+16%
16
+23%
19
+18%
21
+14%
24
+13%
26
+8%
28
+10%
31
+11%
34
+9%
39
+14%
43
+10%
45
+5%
47
+5%
48
+1%
48
+2%
51
+7%
54
+4%
55
+2%
57
+4%
58
+1%
60
+4%
62
+3%
76
+23%
82
+8%
91
+11%
102
+11%
100
-2%
106
+6%
113
+7%
116
+3%
119
+2%
128
+8%
135
+5%
153
+13%
172
+13%
182
+5%
181
0%
178
-2%
EPS (Diluted)
0.31
N/A
0.38
+23%
0.42
+11%
0.5
+19%
0.61
+22%
0.72
+18%
0.82
+14%
0.92
+12%
0.99
+8%
1.09
+10%
1.2
+10%
1.32
+10%
1.51
+14%
1.67
+11%
1.75
+5%
1.81
+3%
1.85
+2%
1.88
+2%
2
+6%
2.08
+4%
2.13
+2%
2.22
+4%
2.24
+1%
2.33
+4%
2.41
+3%
2.96
+23%
3.19
+8%
3.55
+11%
3.96
+12%
3.89
-2%
4.12
+6%
4.39
+7%
4.51
+3%
4.62
+2%
4.99
+8%
5.26
+5%
5.95
+13%
6.69
+12%
7.05
+5%
7.02
0%
6.89
-2%

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