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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	54.25	52.05	45.17	36.46	34.79	29.51
Revenue Growth (YoY)	15.52%	15.21%	23.90%	4.80%	17.90%	-5.41%
Cost of Revenue	4.47	4.53	4.02	4.5	3.6	3.15
Gross Profit	49.79	47.52	41.16	31.96	31.19	26.36
Selling, General & Admin	19.4	19.1	17.84	15	14.21	14.12
Other Operating Expenses	4.91	4.75	4.3	4.48	3.9	3.9
Operating Expenses	28.6	28.06	25.96	23.23	22.6	22.23
Operating Income	21.19	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	1.96	1.87	1.12	0.36	0.29	0.22
Earnings From Equity Investments	0.61	0.61	0.43	0.7	0.24	0.01
EBT Excluding Unusual Items	23.71	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	24.04	22.21	16.86	10.42	9.47	4.91
Income Tax Expense	5.33	4.88	3.86	2.2	1.26	1.04
Net Income	18.71	17.34	13	8.21	8.21	3.87
Net Income to Common	18.71	17.34	13	8.21	8.21	3.87
Net Income Growth	33.45%	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)	0.32	0.30	0.22	0.14	0.14	0.06
EPS (Diluted)	0.32	0.30	0.22	0.14	0.14	0.06
EPS Growth	33.45%	33.34%	61.67%	2.20%	112.11%	-36.35%
Free Cash Flow	22.24	19.4	16.32	7.9	12.77	6.5
Free Cash Flow Per Share	0.38	0.34	0.28	0.13	0.21	0.11
Dividend Per Share	-	-	0.240	0.150	0.150	0.070
Dividend Growth	-	-	60.00%	-	114.29%	-
Gross Margin	91.77%	91.31%	91.10%	87.67%	89.64%	89.33%
Operating Margin	39.05%	37.39%	33.63%	23.94%	24.68%	13.99%
Profit Margin	34.48%	33.31%	28.78%	22.53%	23.59%	13.11%
Free Cash Flow Margin	40.99%	37.28%	36.13%	21.67%	36.72%	22.02%
EBITDA	21.8	20.77	16.39	9.88	10.87	6.27
EBITDA Margin	40.18%	39.90%	36.27%	27.11%	31.23%	21.24%
D&A For EBITDA	0.62	1.31	1.2	1.16	2.28	2.14
EBIT	21.19	19.46	15.19	8.73	8.59	4.13
EBIT Margin	39.05%	37.39%	33.63%	23.94%	24.68%	13.99%
Effective Tax Rate	22.18%	21.95%	22.90%	21.16%	13.30%	21.15%
Revenue as Reported	54.25	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.