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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	58.9	52.05	45.17	36.46	34.79	29.51
Revenue Growth (YoY)	20.42%	15.21%	23.90%	4.80%	17.90%	-5.41%
Cost of Revenue	4.56	4.53	4.02	4.5	3.6	3.15
Gross Profit	54.35	47.52	41.16	31.96	31.19	26.36
Selling, General & Admin	20.63	19.1	17.84	15	14.21	14.12
Other Operating Expenses	4.79	4.75	4.3	4.48	3.9	3.9
Operating Expenses	29.82	28.06	25.96	23.23	22.6	22.23
Operating Income	24.52	19.46	15.19	8.73	8.59	4.13
Interest Expense	-0.05	-0.05	-0.05	-0.06	-0.11	-0.13
Interest & Investment Income	2.02	1.87	1.12	0.36	0.29	0.22
Earnings From Equity Investments	0.71	0.61	0.43	0.7	0.24	0.01
EBT Excluding Unusual Items	27.2	21.89	16.69	9.72	9	4.23
Asset Writedown	0.33	0.33	0.17	0.07	0.47	0.68
Legal Settlements	-	-	-	0.63	-	-
Pretax Income	27.53	22.21	16.86	10.42	9.47	4.91
Income Tax Expense	6.08	4.88	3.86	2.2	1.26	1.04
Net Income	21.45	17.34	13	8.21	8.21	3.87
Net Income to Common	21.45	17.34	13	8.21	8.21	3.87
Net Income Growth	35.67%	33.34%	58.28%	0.08%	112.07%	-36.35%
Shares Outstanding (Basic)	58	58	58	59	60	60
Shares Outstanding (Diluted)	58	58	58	59	60	60
Shares Change (YoY)	-	-	-2.10%	-2.07%	-0.02%	-
EPS (Basic)	0.37	0.30	0.22	0.14	0.14	0.06
EPS (Diluted)	0.37	0.30	0.22	0.14	0.14	0.06
EPS Growth	35.67%	33.34%	61.67%	2.20%	112.11%	-36.35%
Free Cash Flow	30.62	19.4	16.32	7.9	12.77	6.5
Free Cash Flow Per Share	0.53	0.34	0.28	0.13	0.21	0.11
Dividend Per Share	0.290	0.290	0.240	0.150	0.150	0.070
Dividend Growth	20.83%	20.83%	60.00%	-	114.29%	-
Gross Margin	92.27%	91.31%	91.10%	87.67%	89.64%	89.33%
Operating Margin	41.63%	37.39%	33.63%	23.94%	24.68%	13.99%
Profit Margin	36.41%	33.31%	28.78%	22.53%	23.59%	13.11%
Free Cash Flow Margin	51.99%	37.28%	36.13%	21.67%	36.72%	22.02%
EBITDA	24.52	20.77	16.39	9.88	10.87	6.27
EBITDA Margin	41.64%	39.90%	36.27%	27.11%	31.23%	21.24%
D&A For EBITDA	0	1.31	1.2	1.16	2.28	2.14
EBIT	24.52	19.46	15.19	8.73	8.59	4.13
EBIT Margin	41.63%	37.39%	33.63%	23.94%	24.68%	13.99%
Effective Tax Rate	22.09%	21.95%	22.90%	21.16%	13.30%	21.15%
Revenue as Reported	58.9	52.05	45.17	36.46	34.79	29.51
Advertising Expenses	-	0.58	0.45	0.25	0.24	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.