Sphera Franchise Group S.A. (BVB: SFG)

Sphera Franchise Group Income Statement

Financials in millions RON. 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	1,515	1,469	1,323	1,000	710.8	954.73
Revenue Growth (YoY)	7.24%	11.06%	32.24%	40.73%	-25.55%	23.80%
Cost of Revenue	1,031	1,020	940.27	701.38	500.3	756.72
Gross Profit	483.37	449.28	382.55	298.94	210.5	198
Selling, General & Admin	62.57	61.33	54.87	49.57	44.8	46.23
Other Operating Expenses	177.31	174.26	166.77	127.02	99.58	-
Operating Expenses	340.75	334.46	317.46	266.63	230.26	118.15
Operating Income	142.63	114.82	65.1	32.31	-19.76	79.86
Interest Expense	-23.95	-24.08	-20.69	-14.85	-14.09	-12.17
Interest & Investment Income	0.38	1.24	0.5	0.15	0.24	0.17
Currency Exchange Gain (Loss)	-0.94	-1.98	-2.34	-5.64	-3.21	-5.37
Other Non Operating Income (Expenses)	-0	-	1.17	-	0	-
EBT Excluding Unusual Items	118.11	90.01	43.74	11.97	-36.83	62.49
Merger & Restructuring Charges	-2.2	-2.2	-	-	-	-
Impairment of Goodwill	-	-	-	-	-4.42	-2.41
Gain (Loss) on Sale of Assets	0.77	0.84	0.04	-0.01	0.48	-
Asset Writedown	-4.35	-4.35	-4.74	-	-2.41	-1.08
Legal Settlements	-	-	-0.25	-	-	-
Other Unusual Items	-0.31	-0.31	-	5.43	29.06	-
Pretax Income	112.03	84	38.79	17.39	-14.12	59
Income Tax Expense	15.82	12.25	0.84	-1.28	-4.51	3.54
Earnings From Continuing Operations	96.21	71.75	37.95	18.66	-9.61	55.46
Minority Interest in Earnings	-0.72	-0.56	-0.39	-0.24	-0.08	-0.24
Net Income	95.49	71.19	37.56	18.43	-9.69	55.23
Net Income to Common	95.49	71.19	37.56	18.43	-9.69	55.23
Net Income Growth	51.82%	89.54%	103.84%	-	-	129.56%
Shares Outstanding (Basic)	39	39	39	39	39	39
Shares Outstanding (Diluted)	39	39	39	39	39	39
Shares Change (YoY)	-	-0.27%	-	-	-	-
EPS (Basic)	2.46	1.84	0.97	0.47	-0.25	1.42
EPS (Diluted)	2.46	1.84	0.97	0.47	-0.25	1.42
EPS Growth	-	90.05%	103.84%	-	-	129.56%
Free Cash Flow	162.39	158.15	101.46	51.06	77.22	46.75
Free Cash Flow Per Share	4.19	4.09	2.61	1.32	1.99	1.20
Dividend Per Share	1.050	1.050	1.675	0.902	0.902	0.352
Dividend Growth	-37.33%	-37.33%	85.73%	0%	155.91%	0.03%
Gross Margin	31.91%	30.58%	28.92%	29.88%	29.61%	20.74%
Operating Margin	9.42%	7.82%	4.92%	3.23%	-2.78%	8.36%
Profit Margin	6.30%	4.85%	2.84%	1.84%	-1.36%	5.78%
Free Cash Flow Margin	10.72%	10.76%	7.67%	5.10%	10.86%	4.90%
EBITDA	187.35	158.7	109.08	71.76	16.11	108.64
EBITDA Margin	12.37%	10.80%	8.25%	7.17%	2.27%	11.38%
D&A For EBITDA	44.72	43.88	43.99	39.46	35.88	28.79
EBIT	142.63	114.82	65.1	32.31	-19.76	79.86
EBIT Margin	9.42%	7.82%	4.92%	3.23%	-2.78%	8.36%
Effective Tax Rate	14.12%	14.58%	2.17%	-	-	6.00%
Advertising Expenses	-	75.61	67.15	53.26	33.52	50.14

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