Keywords Studios plc (AIM: KWS)

Keywords Studios Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	780.45	780.45	690.72	512.2	373.54	326.46
Revenue Growth (YoY)	12.99%	12.99%	34.85%	37.12%	14.42%	30.17%
Cost of Revenue	519.56	519.56	444.99	312.09	247.36	222.3
Gross Profit	260.89	260.89	245.73	200.11	126.18	104.17
Selling, General & Admin	199.08	199.08	171.33	128.09	99.86	87.02
Other Operating Expenses	-38.22	-38.22	-21.54	-	-15.59	-16.06
Operating Expenses	186.92	186.92	166.6	141.78	91.02	78.28
Operating Income	73.97	73.97	79.13	58.34	35.16	25.89
Interest Expense	-7.22	-7.22	-2.23	-2.03	-1.91	-1.63
Interest & Investment Income	0.61	0.61	0.31	0.06	1.51	0.07
Currency Exchange Gain (Loss)	-1.23	-1.23	1.68	1.98	-6.1	-1.66
Other Non Operating Income (Expenses)	-4	-4	-3.58	-2.4	-0.68	-0.96
EBT Excluding Unusual Items	62.13	62.13	75.3	55.96	27.97	21.72
Merger & Restructuring Charges	-27.14	-27.14	-8.41	-7.97	-2.65	-4.35
Impairment of Goodwill	-	-	-	-	-0.15	-
Gain (Loss) on Sale of Investments	-	-	1.1	-	-	-
Asset Writedown	-	-	-	-	-1.91	-
Other Unusual Items	-	-	-	-	9.23	-
Pretax Income	34.99	34.99	67.98	47.98	32.49	17.37
Income Tax Expense	15.04	15.04	20.61	13.88	11.03	7.46
Earnings From Continuing Operations	19.95	19.95	47.37	34.11	21.47	9.91
Minority Interest in Earnings	-	-	0.05	0.07	0.09	0.11
Net Income	19.95	19.95	47.42	34.18	21.55	10.02
Net Income to Common	19.95	19.95	47.42	34.18	21.55	10.02
Net Income Growth	-57.92%	-57.92%	38.74%	58.57%	115.05%	-32.75%
Shares Outstanding (Basic)	79	79	77	76	71	65
Shares Outstanding (Diluted)	80	80	80	79	75	67
Shares Change (YoY)	-0.60%	-0.60%	1.42%	6.14%	11.14%	0.38%
EPS (Basic)	0.25	0.25	0.62	0.45	0.30	0.15
EPS (Diluted)	0.25	0.25	0.59	0.43	0.29	0.15
EPS Growth	-57.67%	-57.67%	36.80%	49.39%	93.50%	-33.01%
Free Cash Flow	79.77	79.77	97.28	71.19	62.51	19.64
Free Cash Flow Per Share	1.00	1.00	1.21	0.90	0.84	0.29
Dividend Per Share	0.030	0.030	0.028	0.025	-	0.006
Dividend Growth	9.09%	9.09%	9.56%	-	-	-64.09%
Gross Margin	33.43%	33.43%	35.58%	39.07%	33.78%	31.91%
Operating Margin	9.48%	9.48%	11.46%	11.39%	9.41%	7.93%
Profit Margin	2.56%	2.56%	6.86%	6.67%	5.77%	3.07%
Free Cash Flow Margin	10.22%	10.22%	14.08%	13.90%	16.74%	6.01%
EBITDA	128.93	128.93	114.3	83.69	50.89	40.5
EBITDA Margin	16.52%	16.52%	16.55%	16.34%	13.62%	12.41%
D&A For EBITDA	54.96	54.96	35.18	25.35	15.73	14.61
EBIT	73.97	73.97	79.13	58.34	35.16	25.89
EBIT Margin	9.48%	9.48%	11.46%	11.39%	9.41%	7.93%
Effective Tax Rate	42.98%	42.98%	30.32%	28.92%	33.94%	42.96%

Source: S&P Capital IQ. Standard template. Financial Sources.