Clínica Baviera, S.A. (BME: CBAV)

Clínica Baviera 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	252.47	227.07	198.45	173.25	122.63	124.33
Revenue Growth (YoY)	16.17%	14.42%	14.55%	41.28%	-1.37%	13.76%
Cost of Revenue	136.51	115.1	96.55	84.05	64.23	62.39
Gross Profit	115.96	111.97	101.9	89.2	58.4	61.95
Selling, General & Admin	12.09	12.09	11.69	9.87	7.82	9.41
Other Operating Expenses	32.86	32.86	33.25	25.77	17.2	21
Operating Expenses	64.63	61.93	59.94	49.73	38.57	43.63
Operating Income	51.33	50.04	41.96	39.46	19.83	18.32
Interest Expense	-0.28	-0.57	-0.42	-0.46	-0.54	-0.59
Interest & Investment Income	0.87	0.15	0.07	0	0.01	0
Earnings From Equity Investments	-0.01	-0.01	-0.06	-0.03	0.2	0.08
Currency Exchange Gain (Loss)	0.01	0.01	-0	-0	-	-
Other Non Operating Income (Expenses)	0.07	0.07	-0.4	-0.04	-0	-0.01
EBT Excluding Unusual Items	51.98	49.68	41.15	38.93	19.51	17.79
Asset Writedown	-0.03	-0.03	-0.47	-0.03	-	-
Other Unusual Items	-	-	-	-	0.68	-
Pretax Income	51.95	49.65	40.68	38.9	20.19	17.79
Income Tax Expense	14.11	12.92	10.53	10.97	6.05	4.89
Earnings From Continuing Operations	37.84	36.73	30.15	27.93	14.13	12.9
Net Income to Company	37.84	36.73	30.15	27.93	14.13	12.9
Minority Interest in Earnings	-0.76	-0.76	-0.63	-0.54	-0.19	-0.11
Net Income	37.07	35.97	29.52	27.39	13.94	12.79
Net Income to Common	37.07	35.97	29.52	27.39	13.94	12.79
Net Income Growth	14.90%	21.86%	7.77%	96.46%	8.97%	8.19%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	-	-0.00%	-	0.01%	-0.01%	-0.01%
EPS (Basic)	2.32	2.21	1.81	1.68	0.86	0.78
EPS (Diluted)	2.32	2.21	1.81	1.68	0.86	0.78
EPS Growth	-	21.86%	7.77%	96.43%	8.97%	8.20%
Free Cash Flow	36.37	35.13	39.35	36.28	23.64	16.21
Free Cash Flow Per Share	2.28	2.16	2.41	2.23	1.45	0.99
Dividend Per Share	-	1.570	1.300	1.030	0.552	-
Dividend Growth	-	20.77%	26.21%	86.59%	-	-
Gross Margin	45.93%	49.31%	51.35%	51.49%	47.62%	49.82%
Operating Margin	20.33%	22.04%	21.14%	22.78%	16.17%	14.73%
Profit Margin	14.68%	15.84%	14.87%	15.81%	11.37%	10.29%
Free Cash Flow Margin	14.41%	15.47%	19.83%	20.94%	19.28%	13.04%
EBITDA	70.5	66.5	56.76	53.35	33.21	31.34
EBITDA Margin	27.92%	29.29%	28.60%	30.80%	27.08%	25.21%
D&A For EBITDA	19.17	16.46	14.8	13.89	13.38	13.02
EBIT	51.33	50.04	41.96	39.46	19.83	18.32
EBIT Margin	20.33%	22.04%	21.14%	22.78%	16.17%	14.73%
Effective Tax Rate	27.17%	26.02%	25.89%	28.20%	29.99%	27.47%
Advertising Expenses	-	10.31	9.86	8.42	5.79	8.22

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