M+S Hydraulic AD (BUL: MSH)

M+S Hydraulic AD Income Statement

Financials in millions BGN. 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	184.29	239.36	221.15	153.22	104.63	111.74
Revenue Growth (YoY)	-25.80%	8.24%	44.33%	46.44%	-6.37%	-12.09%
Cost of Revenue	73.96	100.3	108.45	69.24	46.02	48.4
Gross Profit	110.33	139.06	112.7	83.98	58.6	63.34
Selling, General & Admin	65.45	77.08	68.38	52.88	38.6	38.28
Other Operating Expenses	9.58	8.4	-5.44	-0.31	-6.22	2.32
Operating Expenses	86.25	96.37	72.85	62.26	40.85	48.48
Operating Income	24.08	42.69	39.85	21.72	17.76	14.86
Interest Expense	-0.09	-0.15	-0.02	-0.01	-0.01	-0.01
Interest & Investment Income	0.02	0.01	0	0	0	0
Currency Exchange Gain (Loss)	-0.06	-0.09	0.04	0.06	-0.15	0.02
Other Non Operating Income (Expenses)	-0.58	-0.25	-0.09	-0.07	-0.25	-0.26
Pretax Income	23.37	42.21	39.78	21.71	17.36	14.61
Income Tax Expense	4	5.98	4.69	2.26	1.79	1.43
Earnings From Continuing Operations	19.36	36.23	35.09	19.44	15.57	13.18
Minority Interest in Earnings	-0.47	-0.56	-0.24	-0.07	-0.02	-0.02
Net Income	18.9	35.67	34.85	19.38	15.55	13.16
Net Income to Common	18.9	35.67	34.85	19.38	15.55	13.16
Net Income Growth	-53.78%	2.35%	79.83%	24.63%	18.18%	-12.73%
Shares Outstanding (Basic)	38	39	39	40	40	40
Shares Outstanding (Diluted)	38	39	39	40	40	40
Shares Change (YoY)	-3.77%	-0.98%	-0.99%	-0.80%	-0.00%	0.49%
EPS (Basic)	0.50	0.92	0.89	0.49	0.39	0.33
EPS (Diluted)	0.50	0.92	0.89	0.49	0.39	0.33
EPS Growth	-51.97%	3.37%	81.63%	25.64%	18.18%	-13.16%
Free Cash Flow	21.12	32.99	18.19	12.65	15.25	10.79
Free Cash Flow Per Share	0.56	0.85	0.46	0.32	0.38	0.27
Dividend Per Share	0.400	0.400	0.400	0.350	0.300	-
Dividend Growth	0%	0%	14.29%	16.67%	-	-
Gross Margin	59.87%	58.10%	50.96%	54.81%	56.01%	56.68%
Operating Margin	13.06%	17.83%	18.02%	14.18%	16.97%	13.30%
Profit Margin	10.25%	14.90%	15.76%	12.65%	14.86%	11.77%
Free Cash Flow Margin	11.46%	13.78%	8.23%	8.26%	14.57%	9.65%
EBITDA	35.3	53.59	49.76	31.42	26.22	22.74
EBITDA Margin	19.15%	22.39%	22.50%	20.51%	25.06%	20.35%
D&A For EBITDA	11.23	10.9	9.91	9.7	8.46	7.88
EBIT	24.08	42.69	39.85	21.72	17.76	14.86
EBIT Margin	13.06%	17.83%	18.02%	14.18%	16.97%	13.30%
Effective Tax Rate	17.13%	14.18%	11.78%	10.43%	10.32%	9.79%
Advertising Expenses	-	0.08	0.11	0.07	0.05	0.06

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