Havanna Holding S.A. (BCBA: HAVA)

Havanna Holding Income Statement

Financials in millions ARS. 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	57,900	44,434	43,117	10,686	4,139	4,275
Revenue Growth (YoY)	-34.45%	3.06%	303.50%	158.20%	-3.19%	30.75%
Cost of Revenue	26,222	18,338	17,495	4,824	2,331	1,926
Gross Profit	31,679	26,097	25,622	5,862	1,808	2,349
Selling, General & Admin	17,550	13,594	12,034	3,414	2,014	1,682
Other Operating Expenses	2,721	1,453	1,414	331.55	220.96	144.9
Operating Expenses	20,272	15,047	13,448	3,746	2,235	1,827
Operating Income	11,407	11,050	12,174	2,116	-426.79	521.4
Interest Expense	-5,861	-3,010	-1,993	-1,301	-552.66	-90.59
Interest & Investment Income	4.37	33.09	68.05	63.05	53.13	30.76
Currency Exchange Gain (Loss)	383.78	468.22	318.56	26.11	-9.12	-153.72
Other Non Operating Income (Expenses)	5,766	3,401	1,830	1,095	8.95	49.59
EBT Excluding Unusual Items	11,700	11,942	12,398	1,998	-926.48	357.44
Gain (Loss) on Sale of Investments	863.45	840.16	441.75	39.09	6.55	11.28
Gain (Loss) on Sale of Assets	264.53	498.61	138.29	64.91	-26.44	15.42
Legal Settlements	-192.6	-71.52	-62.17	-20.82	-7.4	-2.72
Other Unusual Items	90.6	-213.28	-196.98	-148.95	64.28	-
Pretax Income	12,726	12,996	12,719	1,933	-889.5	381.41
Income Tax Expense	5,553	5,472	5,087	1,016	-5.84	200.26
Earnings From Continuing Operations	7,173	7,524	7,632	916.41	-883.66	181.16
Minority Interest in Earnings	-273.77	-343.39	-273.75	-21.35	35.76	-8.65
Net Income	6,899	7,181	7,358	895.06	-847.9	172.5
Net Income to Common	6,899	7,181	7,358	895.06	-847.9	172.5
Net Income Growth	-48.12%	-2.41%	722.06%	-	-	-20.76%
Shares Outstanding (Basic)	47	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47	47
Shares Change (YoY)	0.00%	-	-	-	-	-
EPS (Basic)	146.87	152.86	156.63	19.05	-18.05	3.67
EPS (Diluted)	146.86	152.86	156.63	19.05	-18.05	3.67
EPS Growth	-48.12%	-2.41%	722.20%	-	-	-20.73%
Free Cash Flow	9,488	5,367	8,835	2,449	172.73	293.17
Free Cash Flow Per Share	201.96	114.24	188.07	52.14	3.68	6.24
Dividend Per Share	91.560	91.560	28.212	-	-	4.410
Dividend Growth	465.82%	224.54%	-	-	-	-51.00%
Gross Margin	54.71%	58.73%	59.42%	54.85%	43.68%	54.94%
Operating Margin	19.70%	24.87%	28.23%	19.80%	-10.31%	12.20%
Profit Margin	11.92%	16.16%	17.06%	8.38%	-20.49%	4.04%
Free Cash Flow Margin	16.39%	12.08%	20.49%	22.92%	4.17%	6.86%
EBITDA	13,649	12,012	13,160	2,415	-192.37	668.46
EBITDA Margin	23.57%	27.03%	30.52%	22.60%	-4.65%	15.64%
D&A For EBITDA	2,242	962.25	986.72	299.45	234.42	147.06
EBIT	11,407	11,050	12,174	2,116	-426.79	521.4
EBIT Margin	19.70%	24.87%	28.23%	19.80%	-10.31%	12.20%
Effective Tax Rate	43.64%	42.10%	40.00%	52.58%	-	52.50%
Advertising Expenses	-	823.99	578.93	147.8	75.43	60.83

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