Talgo, S.A. (BME: TLGO)

Talgo 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	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	309.53	311.56	338.6	302.48	275.35	264.3
Revenue Growth (YoY)	-7.70%	-7.98%	11.94%	9.85%	4.18%	1.39%
Cost of Revenue	123.72	123.72	112.66	104.12	99.61	90.85
Gross Profit	185.81	187.84	225.94	198.35	175.74	173.45
Selling, General & Admin	47	47	45.92	46.84	44.73	45.1
Other Operating Expenses	59.12	63.64	117.12	64.86	53.38	59
Operating Expenses	126.11	130.63	181.68	129.36	116.23	121.69
Operating Income	59.71	57.22	44.26	68.99	59.51	51.76
Interest Expense	-0.59	-0.59	-0.41	-0.39	-0.46	-0.56
Interest & Investment Income	3.74	3.74	1.29	1.67	1.34	2.07
Earnings From Equity Investments	-0.01	-0.01	0	0.01	0.02	0.02
Currency Exchange Gain (Loss)	-5.2	-5.2	-5.99	-4.59	-3.91	-4
Other Non Operating Income (Expenses)	2.12	1.86	1.91	1.34	1.76	1.78
EBT Excluding Unusual Items	59.76	57.01	41.06	67.03	58.26	51.07
Gain (Loss) on Sale of Assets	-0.46	-0.46	-	-	-	-
Asset Writedown	-	-	0	0.03	0	-
Pretax Income	59.3	56.55	41.06	67.06	58.26	51.07
Income Tax Expense	14.59	13.84	9.42	16.27	13.38	11.85
Net Income	44.72	42.71	31.63	50.79	44.88	39.22
Net Income to Common	44.72	42.71	31.63	50.79	44.88	39.22
Net Income Growth	31.87%	35.03%	-37.72%	13.18%	14.43%	5.21%
Shares Outstanding (Basic)	38	38	39	39	40	41
Shares Outstanding (Diluted)	38	38	39	39	40	41
Shares Change (YoY)	-	-0.76%	-1.84%	-1.83%	-2.28%	-2.67%
EPS (Basic)	1.17	1.11	0.82	1.30	1.12	0.96
EPS (Diluted)	1.17	1.11	0.82	1.29	1.12	0.96
EPS Growth	-	35.62%	-36.55%	15.29%	17.11%	8.09%
Free Cash Flow	-	53.39	-18.78	42.44	55.49	16.79
Free Cash Flow Per Share	-	1.39	-0.49	1.08	1.38	0.41
Dividend Per Share	-	0.456	0.437	0.467	0.188	0.245
Dividend Growth	-	4.35%	-6.51%	149.21%	-23.34%	9.15%
Gross Margin	60.03%	60.29%	66.73%	65.58%	63.82%	65.63%
Operating Margin	19.29%	18.36%	13.07%	22.81%	21.61%	19.59%
Profit Margin	14.45%	13.71%	9.34%	16.79%	16.30%	14.84%
Free Cash Flow Margin	-	17.14%	-5.55%	14.03%	20.15%	6.35%
EBITDA	79.3	76.53	62.43	86.2	77.32	68.56
EBITDA Margin	25.62%	24.56%	18.44%	28.50%	28.08%	25.94%
D&A For EBITDA	19.6	19.31	18.17	17.2	17.81	16.8
EBIT	59.71	57.22	44.26	68.99	59.51	51.76
EBIT Margin	19.29%	18.36%	13.07%	22.81%	21.61%	19.59%
Effective Tax Rate	24.59%	24.47%	22.95%	24.26%	22.97%	23.20%

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