Faes Farma, S.A. (BME: FAE)

Faes Farma 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
Operating Revenue	487.42	451.17	438.75	398.56	380.24	357.4
Other Revenue	16.62	21.93	22.97	30.08	31.25	25.79
Revenue	504.04	473.09	461.72	428.64	411.49	383.19
Revenue Growth (YoY)	6.86%	2.46%	7.72%	4.17%	7.39%	12.73%
Cost of Revenue	169.88	160.78	162.56	150.96	146.07	134.6
Gross Profit	334.16	312.31	299.16	277.68	265.42	248.59
Selling, General & Admin	130.59	121.66	115.89	86.78	105.47	103.8
Other Operating Expenses	73.71	68.42	62.08	76.53	52.82	53.28
Operating Expenses	224.45	209.47	197.23	180.57	173.11	169.76
Operating Income	109.71	102.84	101.92	97.11	92.31	78.83
Interest Expense	-0.52	-0.38	-0.26	-0.22	-0.27	-0.05
Currency Exchange Gain (Loss)	-0.66	-0.66	-0.05	-0.05	-1.65	-0.38
Other Non Operating Income (Expenses)	1.08	1.08	0.25	-0.02	0.03	-0.25
EBT Excluding Unusual Items	109.61	102.88	101.86	96.82	90.42	78.15
Impairment of Goodwill	-	-	-	-0.3	-2.72	-0.08
Gain (Loss) on Sale of Assets	0.14	-	-	-	-	-
Asset Writedown	-0.03	-0.03	-0.44	-3.56	-2.82	-3.89
Pretax Income	109.72	102.85	101.42	92.97	84.88	74.18
Income Tax Expense	12.4	11.16	11.97	10.52	11.51	10.15
Earnings From Continuing Operations	97.32	91.69	89.45	82.45	73.38	64.03
Minority Interest in Earnings	0.26	0.21	0.05	-0.06	-0.83	-0.06
Net Income	97.59	91.9	89.5	82.39	72.55	63.96
Net Income to Common	97.59	91.9	89.5	82.39	72.55	63.96
Net Income Growth	8.77%	2.69%	8.62%	13.56%	13.43%	23.98%
Shares Outstanding (Basic)	311	310	306	291	280	273
Shares Outstanding (Diluted)	311	311	306	305	292	273
Shares Change (YoY)	-	1.57%	0.36%	4.38%	6.86%	2.74%
EPS (Basic)	0.31	0.30	0.29	0.28	0.26	0.23
EPS (Diluted)	0.31	0.30	0.29	0.27	0.25	0.23
EPS Growth	-	1.09%	8.45%	8.87%	5.98%	20.65%
Free Cash Flow	-	5.21	31.83	28.16	58.28	50.61
Free Cash Flow Per Share	-	0.02	0.10	0.09	0.20	0.19
Dividend Per Share	0.157	0.155	0.155	0.206	0.197	0.168
Dividend Growth	0%	0%	-24.76%	4.57%	17.26%	20.00%
Gross Margin	66.30%	66.01%	64.79%	64.78%	64.50%	64.87%
Operating Margin	21.77%	21.74%	22.07%	22.66%	22.43%	20.57%
Profit Margin	19.36%	19.43%	19.38%	19.22%	17.63%	16.69%
Free Cash Flow Margin	-	1.10%	6.89%	6.57%	14.16%	13.21%
EBITDA	125.13	118.53	117.97	111.24	104.18	89.18
EBITDA Margin	24.83%	25.05%	25.55%	25.95%	25.32%	23.27%
D&A For EBITDA	15.43	15.69	16.05	14.13	11.87	10.35
EBIT	109.71	102.84	101.92	97.11	92.31	78.83
EBIT Margin	21.77%	21.74%	22.07%	22.66%	22.43%	20.57%
Effective Tax Rate	11.30%	10.85%	11.81%	11.32%	13.56%	13.68%
Advertising Expenses	-	24.13	23.58	-	21.13	26.53

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