Hellenic Exchanges - Athens Stock Exchange S.A. (ATH: EXAE)

ATH: EXAE 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	50.4	45.17	36.46	34.79	29.51	31.2
Revenue Growth (YoY)	22.18%	23.90%	4.80%	17.90%	-5.41%	27.58%
Cost of Revenue	4.49	4.02	4.5	3.6	3.15	3.41
Gross Profit	45.91	41.16	31.96	31.19	26.36	27.79
Selling, General & Admin	18.4	17.84	15	14.21	14.12	11.71
Other Operating Expenses	4.36	4.3	4.48	3.9	3.9	2.84
Operating Expenses	26.85	25.96	23.23	22.6	22.23	18.63
Operating Income	19.06	15.19	8.73	8.59	4.13	9.15
Interest Expense	-0.05	-0.05	-0.06	-0.11	-0.13	-0.15
Interest & Investment Income	1.74	1.12	0.36	0.29	0.22	0.37
Earnings From Equity Investments	0.47	0.43	0.7	0.24	0.01	0.11
EBT Excluding Unusual Items	21.23	16.69	9.72	9	4.23	9.48
Asset Writedown	0.17	0.17	0.07	0.47	0.68	-
Legal Settlements	-	-	0.63	-	-	-
Pretax Income	21.4	16.86	10.42	9.47	4.91	9.48
Income Tax Expense	4.79	3.86	2.2	1.26	1.04	3.4
Net Income	16.61	13	8.21	8.21	3.87	6.08
Net Income to Common	16.61	13	8.21	8.21	3.87	6.08
Net Income Growth	50.89%	58.28%	0.09%	112.07%	-36.35%	100.86%
Shares Outstanding (Basic)	58	58	59	60	60	60
Shares Outstanding (Diluted)	58	58	59	60	60	60
Shares Change (YoY)	-0.04%	-2.10%	-2.07%	-0.02%	-	-
EPS (Basic)	0.29	0.22	0.14	0.14	0.06	0.10
EPS (Diluted)	0.29	0.22	0.14	0.14	0.06	0.10
EPS Growth	50.96%	61.67%	2.20%	112.11%	-36.35%	100.86%
Free Cash Flow	18.93	16.32	7.9	12.77	6.5	9.11
Free Cash Flow Per Share	0.33	0.28	0.13	0.21	0.11	0.15
Dividend Per Share	-	-	0.150	0.150	0.070	0.070
Dividend Growth	-	-	0%	114.29%	0%	40.00%
Gross Margin	91.10%	91.10%	87.67%	89.64%	89.32%	89.07%
Operating Margin	37.83%	33.63%	23.94%	24.68%	13.99%	29.34%
Profit Margin	32.96%	28.78%	22.53%	23.59%	13.12%	19.49%
Free Cash Flow Margin	37.56%	36.12%	21.67%	36.72%	22.02%	29.20%
EBITDA	18.45	16.39	9.88	10.87	6.27	11.31
EBITDA Margin	36.61%	36.28%	27.11%	31.23%	21.24%	36.26%
D&A For EBITDA	-0.61	1.2	1.16	2.28	2.14	2.16
EBIT	19.06	15.19	8.73	8.59	4.13	9.15
EBIT Margin	37.83%	33.63%	23.94%	24.68%	13.99%	29.34%
Effective Tax Rate	22.36%	22.90%	21.16%	13.30%	21.15%	35.88%
Revenue as Reported	50.4	45.17	36.46	34.79	29.51	32.15
Advertising Expenses	-	0.45	0.25	0.24	-	-

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