Arteche Lantegi Elkartea, S.A. (BME: ART)

Arteche Lantegi Elkartea 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	445.11	408.04	351.85	287.18	269.29	259.74
Revenue Growth (YoY)	15.90%	15.97%	22.52%	6.64%	3.68%	3159.73%
Cost of Revenue	236.67	221.03	199.97	158.44	143	137.14
Gross Profit	208.44	187.01	151.88	128.74	126.29	122.59
Selling, General & Admin	114.43	106.38	90.38	74.38	69.3	68.73
Other Operating Expenses	49.07	43.58	38.48	32.33	30.17	30.43
Operating Expenses	178.43	164.57	143.53	118.32	110.32	110.86
Operating Income	30	22.44	8.35	10.41	15.97	11.73
Interest Expense	-8.26	-7.85	-4.64	-4	-4.29	-5.14
Interest & Investment Income	0.54	0.34	0.26	3.76	0.01	0.01
Earnings From Equity Investments	-	-	1.56	-	-	0
Currency Exchange Gain (Loss)	-2.21	-1.08	2.01	2.07	-2.38	-1.53
Other Non Operating Income (Expenses)	-1.09	0.29	-0.53	0.17	-0.54	-0.98
EBT Excluding Unusual Items	18.99	14.13	7.01	12.41	8.76	4.09
Gain (Loss) on Sale of Assets	-0.2	-0.17	1.47	0.17	-	0.02
Asset Writedown	-0.23	-0.23	-	-	-	-
Other Unusual Items	1.92	1.53	2.31	1.27	0.86	0.9
Pretax Income	20.48	15.26	10.79	13.85	9.62	5.01
Income Tax Expense	4.22	2.42	2.45	5.13	2.48	1.45
Earnings From Continuing Operations	16.27	12.84	8.33	8.72	7.15	3.56
Earnings From Discontinued Operations	-	-	-	-	-5.27	-2.15
Net Income to Company	16.27	12.84	8.33	8.72	1.87	1.4
Minority Interest in Earnings	-1.07	-0.77	-0.65	-0.17	-0.85	-0.51
Net Income	15.19	12.06	7.69	8.54	1.03	0.89
Net Income to Common	15.19	12.06	7.69	8.54	1.03	0.89
Net Income Growth	70.12%	56.95%	-10.03%	730.22%	15.23%	-
Shares Outstanding (Basic)	57	57	57	54	49	-
Shares Outstanding (Diluted)	57	57	57	54	49	-
Shares Change (YoY)	-0.01%	-0.00%	6.44%	8.41%	-	-
EPS (Basic)	0.27	0.21	0.13	0.16	0.02	-
EPS (Diluted)	0.27	0.21	0.13	0.16	0.02	-
EPS Growth	70.12%	56.95%	-15.48%	665.86%	-	-
Free Cash Flow	34.45	23.78	14.65	1.71	14.29	15.59
Free Cash Flow Per Share	0.60	0.42	0.26	0.03	0.29	-
Dividend Per Share	0.106	0.106	0.040	0.045	-	-
Dividend Growth	164.75%	164.75%	-11.11%	-	-	-
Gross Margin	46.83%	45.83%	43.17%	44.83%	46.90%	47.20%
Operating Margin	6.74%	5.50%	2.37%	3.63%	5.93%	4.52%
Profit Margin	3.41%	2.96%	2.18%	2.97%	0.38%	0.34%
Free Cash Flow Margin	7.74%	5.83%	4.16%	0.60%	5.31%	6.00%
EBITDA	36.63	31.47	17.58	17.65	19.9	15.56
EBITDA Margin	8.23%	7.71%	5.00%	6.15%	7.39%	5.99%
D&A For EBITDA	6.62	9.04	9.22	7.24	3.93	3.83
EBIT	30	22.44	8.35	10.41	15.97	11.73
EBIT Margin	6.74%	5.50%	2.37%	3.63%	5.93%	4.52%
Effective Tax Rate	20.58%	15.87%	22.74%	37.04%	25.75%	28.97%
Advertising Expenses	-	1.42	1.47	1.25	0.99	1.46

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