Nickel Industries Limited (ASX: NIC)

Nickel Industries Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,791	1,880	1,217	645.94	523.49	472.12
Revenue Growth (YoY)	9.60%	54.48%	88.42%	23.39%	10.88%	627.04%
Cost of Revenue	1,358	1,430	856.62	393.2	321.57	272.41
Gross Profit	432.82	449.68	360.42	252.73	201.93	199.7
Selling, General & Admin	14.61	12.44	9.29	9.43	4.07	5.79
Other Operating Expenses	42.07	38.87	22.71	13.26	3.4	2.05
Operating Expenses	185.63	166.46	101.95	58.67	44.26	40.67
Operating Income	247.19	283.23	258.48	194.07	157.67	159.03
Interest Expense	-72.83	-69.1	-33.77	-13.04	-5.27	-4.67
Interest & Investment Income	20.19	13.52	1.01	0.34	0.52	0.46
Earnings From Equity Investments	4.03	-2.56	0.4	-0.05	-	2.48
Currency Exchange Gain (Loss)	-25.14	-3.32	-8.67	-2.72	1.65	10.81
Other Non Operating Income (Expenses)	-	-18.48	-	-	-	-
EBT Excluding Unusual Items	173.44	203.29	217.45	178.59	154.57	168.11
Gain (Loss) on Sale of Investments	-	-	-0.4	2.45	-	14.8
Pretax Income	173.44	203.29	217.05	181.04	154.57	182.91
Income Tax Expense	32.24	27.09	7.68	5.06	0.87	0.35
Earnings From Continuing Operations	141.2	176.2	209.37	175.98	153.7	182.56
Minority Interest in Earnings	-41.59	-54.61	-50.39	-38.04	-43.09	-69.55
Net Income	99.61	121.6	158.98	137.94	110.61	113.01
Net Income to Common	99.61	121.6	158.98	137.94	110.61	113.01
Net Income Growth	6.27%	-23.51%	15.25%	24.71%	-2.12%	72.46%
Shares Outstanding (Basic)	4,060	3,407	2,682	2,515	1,949	1,631
Shares Outstanding (Diluted)	4,060	3,407	2,682	2,515	1,949	1,631
Shares Change (YoY)	42.16%	27.06%	6.62%	29.06%	19.46%	23.17%
EPS (Basic)	0.02	0.04	0.06	0.05	0.06	0.07
EPS (Diluted)	0.02	0.04	0.06	0.05	0.06	0.07
EPS Growth	-25.25%	-39.80%	8.10%	-3.37%	-18.07%	40.02%
Free Cash Flow	218.22	5.88	-56.73	140.81	142.57	17.18
Free Cash Flow Per Share	0.05	0.00	-0.02	0.06	0.07	0.01
Dividend Per Share	0.034	0.031	0.027	0.029	0.023	-
Dividend Growth	27.42%	12.83%	-6.53%	25.66%	-	-
Gross Margin	24.16%	23.92%	29.61%	39.13%	38.57%	42.30%
Operating Margin	13.80%	15.06%	21.24%	30.04%	30.12%	33.68%
Profit Margin	5.56%	6.47%	13.06%	21.35%	21.13%	23.94%
Free Cash Flow Margin	12.18%	0.31%	-4.66%	21.80%	27.23%	3.64%
EBITDA	372.09	394.88	325.08	230.04	194.46	191.87
EBITDA Margin	20.77%	21.00%	26.71%	35.61%	37.15%	40.64%
D&A For EBITDA	124.9	111.66	66.6	35.98	36.79	32.84
EBIT	247.19	283.23	258.48	194.07	157.67	159.03
EBIT Margin	13.80%	15.06%	21.24%	30.04%	30.12%	33.68%
Effective Tax Rate	18.59%	13.32%	3.54%	2.80%	0.56%	0.19%

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