CREC Income Statement - TTM - Citicore Renewable Energy Corporation

Income Statement (TTM)

Citicore Renewable Energy Corporation Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	3,684	3,756	3,917	4,448	5,146	5,553	5,727
Change (%)		1.95	4.30	13.56	15.68	7.91	3.15
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	2,442	2,471	2,567	2,922	3,376	3,757	3,788
Change (%)		1.19	3.88	13.82	15.52	11.29	0.84
% of Revenue	66.29	65.80	65.54	65.69	65.60	67.66	66.14

Gross Operating Profit	1,242	1,284	1,350	1,526	1,770	1,796	1,939
Change (%)		3.44	5.08	13.07	15.98	1.46	7.99
% of Revenue	33.71	34.20	34.46	34.31	34.40	32.34	33.86

SG&A	125	100	85	190	151	156	169
Change (%)		-20.26	-15.13	124.39	-20.71	3.56	8.08
% of Revenue	3.40	2.66	2.17	4.28	2.93	2.81	2.95

R&D
Change (%)
% of Revenue

OpEx	2,609	2,621	2,692	3,111	3,560	3,945	3,985
Change (%)		0.45	2.69	15.58	14.42	10.83	1.02
% of Revenue	70.83	69.79	68.72	69.94	69.18	71.05	69.58

Operating Income	1,074	1,134	1,225	1,337	1,586	1,608	1,742
Change (%)		5.59	8.00	9.13	18.62	1.36	8.38
% of Revenue	29.17	30.21	31.28	30.06	30.82	28.95	30.42

Interest Expense	-412	-424	-448	-459	-451	-460	-441
Change (%)		2.87	5.66	2.52	-1.79	2.09	-4.17
% of Revenue	-11.18	-11.28	-11.43	-10.32	-8.76	-8.29	-7.70

Net Income	685	672	609	611	618	637	792
Change (%)		-1.95	-9.33	0.39	1.13	2.98	24.35
% of Revenue	18.59	17.88	15.55	13.74	12.02	11.47	13.82

Source: Capital IQ

Citicore Renewable Energy Corporation - Income Statement (TTM)

Income Statement (TTM)