ENCE Energía y Celulosa, S.A. (BME: ENC)

ENCE Energía y Celulosa 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	158.8	158.15	196.34	229.83	269.96	85.82
Revenue Growth (YoY)	-9.31%	-19.45%	-14.57%	-14.87%	214.57%	-21.10%
Cost of Revenue	10.46	9.61	13.64	16.44	13.72	5.23
Gross Profit	148.35	148.54	182.7	213.39	256.24	80.59
Selling, General & Admin	43.57	41.81	43.24	39.74	35.77	37.82
Research & Development	103.93	99.3	83.45	72.17	53.79	50.64
Other Operating Expenses	10.06	11.26	13.94	9.04	9.77	9.61
Operating Expenses	157.55	152.37	140.63	120.95	99.6	98.07
Operating Income	-9.21	-3.83	42.07	92.45	156.64	-17.48
Interest Expense	-2.22	-2.42	-2.38	-3.37	-3.12	-3.89
Interest & Investment Income	6.56	4.1	0.88	0.37	0.34	0.04
Currency Exchange Gain (Loss)	-1.68	-1.68	3.11	5.67	-7.55	-0.06
EBT Excluding Unusual Items	-6.55	-3.82	43.68	95.12	146.31	-21.39
Gain (Loss) on Sale of Investments	0.2	0.2	-1.89	0.01	-0.7	-0.27
Other Unusual Items	-	-	2	-	-	-
Pretax Income	-6.35	-3.62	43.79	95.13	145.61	-21.65
Income Tax Expense	-4.59	-4.76	-5.57	2.27	8.34	-12.47
Earnings From Continuing Operations	-1.76	1.14	49.36	92.86	137.26	-9.18
Earnings From Discontinued Operations	-	-	-	-	-	-2.22
Net Income to Company	-1.76	1.14	49.36	92.86	137.26	-11.4
Minority Interest in Earnings	-	-	-	-	-	0.02
Net Income	-1.76	1.14	49.36	92.86	137.26	-11.38
Net Income to Common	-1.76	1.14	49.36	92.86	137.26	-11.38
Net Income Growth	-	-97.70%	-46.85%	-32.35%	-	-
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
Shares Change (YoY)	-2.44%	-0.81%	-0.12%	-1.31%	-0.77%	0.29%
EPS (Basic)	-0.10	0.06	2.73	5.14	7.50	-0.62
EPS (Diluted)	-0.10	0.06	2.73	5.13	7.49	-0.62
EPS Growth	-	-97.80%	-46.78%	-31.51%	-	-
Free Cash Flow	-29.72	-29.4	29.47	17.87	275.94	-28.17
Free Cash Flow Per Share	-1.69	-1.64	1.63	0.99	15.06	-1.53
Dividend Per Share	0.650	0.650	0.650	0.650	0.600	0.480
Dividend Growth	0%	0%	0%	8.33%	25.00%	-
Gross Margin	93.42%	93.92%	93.05%	92.85%	94.92%	93.91%
Operating Margin	-5.80%	-2.42%	21.43%	40.22%	58.02%	-20.36%
Profit Margin	-1.11%	0.72%	25.14%	40.40%	50.85%	-13.26%
Free Cash Flow Margin	-18.72%	-18.59%	15.01%	7.78%	102.21%	-32.83%
EBITDA	-6.2	-1.15	44.88	94.99	159.09	-15.15
EBITDA Margin	-3.90%	-0.72%	22.86%	41.33%	58.93%	-17.65%
D&A For EBITDA	3.01	2.68	2.81	2.54	2.45	2.33
EBIT	-9.21	-3.83	42.07	92.45	156.64	-17.48
EBIT Margin	-5.80%	-2.42%	21.43%	40.22%	58.02%	-20.36%
Effective Tax Rate	-	-	-	2.39%	5.73%	-
Revenue as Reported	158.8	158.15	196.34	229.83	269.96	85.82

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