Vaneck Ucits Etfs Plc - Vaneck Defense Ucits Etf (BIT: DFNS)

DFNS 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	476.07	519.97	468.85	362.44	306.71	323.73
Revenue Growth (YoY)	-11.11%	10.90%	29.36%	18.17%	-5.26%	11.69%
Cost of Revenue	266.51	277.88	292.43	196.54	167.01	165.43
Gross Profit	209.56	242.09	176.43	165.9	139.7	158.29
Selling, General & Admin	85.79	85.06	76.15	71.1	67.12	72.19
Other Operating Expenses	0.25	-0.37	-0.53	1.54	1.88	0.93
Operating Expenses	140.5	139.17	124.46	115.86	110.97	113.07
Operating Income	69.06	102.92	51.97	50.04	28.73	45.23
Interest Expense	-16.57	-15.61	-1.99	-1.58	-1.63	-2
Interest & Investment Income	1.45	1.36	0.14	0.02	0.1	0.07
Earnings From Equity Investments	26.52	45.89	35.07	20.76	19.02	18.09
Currency Exchange Gain (Loss)	0.42	1.63	-0.38	0.31	-3.04	0.3
Other Non Operating Income (Expenses)	4.84	3.62	11.14	0.97	-0.75	0.11
EBT Excluding Unusual Items	85.72	139.81	95.95	70.53	42.42	61.8
Gain (Loss) on Sale of Assets	-0.02	-0.02	0.38	-0.32	-0.09	-0.05
Asset Writedown	-	-	-5.76	-	-	-
Other Unusual Items	0.85	0.85	1.02	0.65	-	0.88
Pretax Income	86.71	140.8	91.63	70.88	42.35	62.64
Income Tax Expense	12.85	18.22	4.74	10.67	-3.39	9.66
Earnings From Continuing Operations	73.86	122.58	86.89	60.2	45.74	52.98
Minority Interest in Earnings	0.19	-0.19	-0.3	-0.18	-0.11	0.07
Net Income	74.05	122.39	86.6	60.02	45.63	53.05
Net Income to Common	74.05	122.39	86.6	60.02	45.63	53.05
Net Income Growth	-43.10%	41.34%	44.28%	31.54%	-14.00%	17.84%
Shares Outstanding (Basic)	89	89	88	88	88	88
Shares Outstanding (Diluted)	89	89	89	88	88	88
Shares Change (YoY)	-0.37%	-0.36%	1.49%	-	-	-
EPS (Basic)	0.84	1.38	0.98	0.68	0.52	0.60
EPS (Diluted)	0.84	1.38	0.97	0.68	0.52	0.60
EPS Growth	-42.67%	41.83%	42.25%	31.46%	-14.00%	17.84%
Free Cash Flow	74.63	113.08	-2.27	29.7	44.36	20.1
Free Cash Flow Per Share	0.84	1.28	-0.03	0.34	0.51	0.23
Dividend Per Share	0.750	0.750	0.600	0.400	0.360	0.422
Dividend Growth	25.00%	25.00%	50.00%	11.11%	-14.73%	17.28%
Gross Margin	44.02%	46.56%	37.63%	45.77%	45.55%	48.90%
Operating Margin	14.51%	19.79%	11.08%	13.81%	9.37%	13.97%
Profit Margin	15.56%	23.54%	18.47%	16.56%	14.88%	16.39%
Free Cash Flow Margin	15.68%	21.75%	-0.48%	8.19%	14.46%	6.21%
EBITDA	115.64	152.21	96.06	90.34	69.18	83.93
EBITDA Margin	24.29%	29.27%	20.49%	24.93%	22.56%	25.93%
D&A For EBITDA	46.58	49.29	44.09	40.3	40.45	38.71
EBIT	69.06	102.92	51.97	50.04	28.73	45.23
EBIT Margin	14.51%	19.79%	11.08%	13.81%	9.37%	13.97%
Effective Tax Rate	14.81%	12.94%	5.17%	15.06%	-	15.42%

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