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

Faes Farma Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	493.65	451.17	438.75	398.56	380.24
Other Revenue	16.39	21.93	22.97	30.08	31.25
Revenue	510.04	473.09	461.72	428.64	411.49
Revenue Growth (YoY)	7.81%	2.46%	7.72%	4.17%	7.39%
Cost of Revenue	174.04	160.78	162.56	150.96	146.07
Gross Profit	336	312.31	299.16	277.68	265.42
Selling, General & Admin	132.55	121.66	115.89	86.78	105.47
Other Operating Expenses	74.6	68.42	62.08	76.53	52.82
Operating Expenses	227.47	209.47	197.23	180.57	173.11
Operating Income	108.53	102.84	101.92	97.11	92.31
Interest Expense	-0.43	-0.38	-0.26	-0.22	-0.27
Currency Exchange Gain (Loss)	-0.77	-0.66	-0.05	-0.05	-1.65
Other Non Operating Income (Expenses)	1.69	1.08	0.25	-0.02	0.03
EBT Excluding Unusual Items	109.02	102.88	101.86	96.82	90.42
Impairment of Goodwill	-	-	-	-0.3	-2.72
Asset Writedown	-1.45	-0.03	-0.44	-3.56	-2.82
Pretax Income	107.58	102.85	101.42	92.97	84.88
Income Tax Expense	-3.54	11.16	11.97	10.52	11.51
Earnings From Continuing Operations	111.11	91.69	89.45	82.45	73.38
Minority Interest in Earnings	0.25	0.21	0.05	-0.06	-0.83
Net Income	111.36	91.9	89.5	82.39	72.55
Net Income to Common	111.36	91.9	89.5	82.39	72.55
Net Income Growth	21.17%	2.69%	8.63%	13.56%	13.43%
Shares Outstanding (Basic)	311	310	306	291	280
Shares Outstanding (Diluted)	312	311	306	305	292
Shares Change (YoY)	0.56%	1.57%	0.36%	4.38%	6.86%
EPS (Basic)	0.36	0.30	0.29	0.28	0.26
EPS (Diluted)	0.36	0.30	0.29	0.27	0.25
EPS Growth	20.27%	1.09%	8.45%	8.87%	5.98%
Free Cash Flow	81.65	5.21	31.83	28.16	58.28
Free Cash Flow Per Share	0.26	0.02	0.10	0.09	0.20
Dividend Per Share	-	0.155	0.155	0.206	0.197
Dividend Growth	-	-	-24.76%	4.57%	17.26%
Gross Margin	65.88%	66.02%	64.79%	64.78%	64.50%
Operating Margin	21.28%	21.74%	22.07%	22.66%	22.43%
Profit Margin	21.83%	19.43%	19.38%	19.22%	17.63%
Free Cash Flow Margin	16.01%	1.10%	6.89%	6.57%	14.16%
EBITDA	124.57	118.53	117.97	111.24	104.18
EBITDA Margin	24.42%	25.05%	25.55%	25.95%	25.32%
D&A For EBITDA	16.04	15.69	16.05	14.13	11.87
EBIT	108.53	102.84	101.92	97.11	92.31
EBIT Margin	21.28%	21.74%	22.07%	22.66%	22.43%
Effective Tax Rate	-	10.85%	11.80%	11.32%	13.55%
Advertising Expenses	26.53	24.13	23.58	-	21.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.