Llorente & Cuenca, S.A. (BME: LLYC)

Llorente & Cuenca Income Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Operating Revenue	94.55	89.48	64.15	44.71	48.16	41.5
Other Revenue	1.32	0.8	-	-	-	-
Revenue	95.87	90.28	64.15	44.71	48.16	41.5
Revenue Growth (YoY)	16.83%	40.74%	43.48%	-7.17%	16.05%	7.19%
Cost of Revenue	50.39	46.52	31.97	24.64	24.57	-
Gross Profit	45.47	43.76	32.18	20.07	23.59	41.5
Selling, General & Admin	27.61	26.92	18.33	10.36	13.56	34.67
Other Operating Expenses	1.36	1.52	2.27	0.98	-0.04	0.46
Operating Expenses	32.61	31.83	23.64	14.25	16.1	36.81
Operating Income	12.87	11.94	8.54	5.82	7.49	4.69
Interest Expense	-0.96	-0.81	-0.41	-0.23	-0.37	-0.03
Interest & Investment Income	0.08	0.12	0.04	0.04	0.04	0.12
Currency Exchange Gain (Loss)	-0.77	-0.22	0.02	-0.39	-0.15	-0.22
Other Non Operating Income (Expenses)	-0.28	-0.34	-0.2	-0.1	0	-
EBT Excluding Unusual Items	10.93	10.69	7.98	5.14	7.01	4.55
Impairment of Goodwill	-0.11	-0.19	-	-	-0.63	-0.34
Gain (Loss) on Sale of Investments	0.06	-0.13	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0
Asset Writedown	-0.07	-0.07	-0.05	-0.01	-0.01	-
Pretax Income	10.81	10.3	7.93	5.14	6.37	4.22
Income Tax Expense	2.89	2.92	2.41	2.19	2.18	1.57
Earnings From Continuing Operations	7.92	7.38	5.52	2.95	4.19	2.64
Minority Interest in Earnings	-0.62	-0.43	-0.19	-0.68	-0.86	-0.86
Net Income	7.3	6.96	5.33	2.27	3.32	1.78
Net Income to Common	7.3	6.96	5.33	2.27	3.32	1.78
Net Income Growth	19.72%	30.58%	134.58%	-31.66%	86.46%	19.98%
Shares Outstanding (Basic)	12	12	12	0	0	0
Shares Outstanding (Diluted)	12	12	12	0	0	0
Shares Change (YoY)	-3.17%	-0.10%	3128.31%	-4.00%	-	-
EPS (Basic)	0.63	0.60	0.46	6.30	8.85	4.75
EPS (Diluted)	0.62	0.60	0.46	6.30	8.85	4.75
EPS Growth	23.89%	30.71%	-92.73%	-28.81%	86.46%	19.98%
Free Cash Flow	6.51	1.89	11.57	7.34	6.19	1.17
Free Cash Flow Per Share	0.55	0.16	0.99	20.34	16.49	3.12
Gross Margin	47.44%	48.47%	50.17%	44.89%	48.98%	100.00%
Operating Margin	13.42%	13.22%	13.31%	13.02%	15.55%	11.30%
Profit Margin	7.62%	7.71%	8.31%	5.08%	6.90%	4.29%
Free Cash Flow Margin	6.79%	2.09%	18.03%	16.41%	12.86%	2.82%
EBITDA	15.86	15.13	10.99	8.04	10.01	5.65
EBITDA Margin	16.55%	16.76%	17.13%	17.99%	20.79%	13.62%
D&A For EBITDA	3	3.19	2.45	2.22	2.53	0.96
EBIT	12.87	11.94	8.54	5.82	7.49	4.69
EBIT Margin	13.42%	13.22%	13.31%	13.02%	15.55%	11.30%
Effective Tax Rate	26.73%	28.34%	30.39%	42.54%	34.29%	37.34%
Revenue as Reported	95.88	90.29	64.15	44.72	-	-

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