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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,538	1,469	1,323	1,000	710.8	954.73
Revenue Growth (YoY)	6.52%	11.06%	32.24%	40.73%	-25.55%	23.80%
Cost of Revenue	1,040	1,020	940.27	701.38	500.3	756.72
Gross Profit	498.62	449.28	382.55	298.94	210.5	198
Selling, General & Admin	62.06	61.33	54.87	49.57	44.8	46.23
Other Operating Expenses	181.03	174.26	166.77	127.02	99.58	-
Operating Expenses	342.46	334.46	317.46	266.63	230.26	118.15
Operating Income	156.16	114.82	65.1	32.31	-19.76	79.86
Interest Expense	-24.51	-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)	0.08	-1.98	-2.34	-5.64	-3.21	-5.37
Other Non Operating Income (Expenses)	0	-	1.17	-	0	-
EBT Excluding Unusual Items	132.11	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	0.41	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	125.67	84	38.79	17.39	-14.12	59
Income Tax Expense	16.19	12.25	0.84	-1.28	-4.51	3.54
Earnings From Continuing Operations	109.47	71.75	37.95	18.66	-9.61	55.46
Minority Interest in Earnings	-0.59	-0.56	-0.39	-0.24	-0.08	-0.24
Net Income	108.89	71.19	37.56	18.43	-9.69	55.23
Net Income to Common	108.89	71.19	37.56	18.43	-9.69	55.23
Net Income Growth	96.64%	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)	0.18%	-0.27%	-	-	-	-
EPS (Basic)	2.81	1.84	0.97	0.47	-0.25	1.42
EPS (Diluted)	2.81	1.84	0.97	0.47	-0.25	1.42
EPS Growth	96.29%	90.05%	103.84%	-	-	129.56%
Free Cash Flow	168.16	158.15	101.46	51.06	77.22	46.75
Free Cash Flow Per Share	4.34	4.09	2.61	1.32	1.99	1.20
Dividend Per Share	1.050	2.100	1.675	0.902	0.902	0.352
Dividend Growth	-52.49%	25.34%	85.73%	0%	155.91%	0.03%
Gross Margin	32.42%	30.58%	28.92%	29.88%	29.61%	20.74%
Operating Margin	10.15%	7.82%	4.92%	3.23%	-2.78%	8.36%
Profit Margin	7.08%	4.85%	2.84%	1.84%	-1.36%	5.78%
Free Cash Flow Margin	10.93%	10.76%	7.67%	5.10%	10.86%	4.90%
EBITDA	196.59	158.7	109.08	71.76	16.11	108.64
EBITDA Margin	12.78%	10.80%	8.25%	7.17%	2.27%	11.38%
D&A For EBITDA	40.44	43.88	43.99	39.46	35.88	28.79
EBIT	156.16	114.82	65.1	32.31	-19.76	79.86
EBIT Margin	10.15%	7.82%	4.92%	3.23%	-2.78%	8.36%
Effective Tax Rate	12.88%	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.