SOCEP S.A. (BVB: SOCP)

SOCEP 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
Operating Revenue	219.27	203.75	139.65	80.88	66.44	76.92
Other Revenue	1.65	-	-	-	0.72	0.51
Revenue	220.92	203.75	139.65	80.88	67.16	77.43
Revenue Growth (YoY)	21.79%	45.91%	72.65%	20.44%	-13.27%	3.10%
Cost of Revenue	82.04	73.57	58.56	40.79	35.46	36.43
Gross Profit	138.88	130.18	81.09	40.09	31.69	41
Selling, General & Admin	22.56	27.01	17.03	17.05	9.92	9.47
Other Operating Expenses	-46.99	-31.98	1.22	-1.24	-0.16	1.64
Operating Expenses	1.29	18.23	35.95	26.25	19.28	20.85
Operating Income	137.59	111.95	45.14	13.85	12.42	20.15
Interest Expense	-1.84	-1.83	-1.9	-1.66	-1.33	-6.02
Interest & Investment Income	4.25	2.66	2.58	6.5	3.2	2.38
Currency Exchange Gain (Loss)	-0.99	-0.54	0.2	-2.6	-0.9	0.75
Other Non Operating Income (Expenses)	0.02	0.02	0.05	0.03	-2.94	0.03
EBT Excluding Unusual Items	139.03	112.27	46.08	16.12	10.45	17.28
Gain (Loss) on Sale of Investments	-	-	-	-0.09	-0.01	-
Gain (Loss) on Sale of Assets	0.1	0.02	1.4	0.52	-0.29	0.35
Asset Writedown	0.47	0.47	1.09	-5.14	-4.51	-4.65
Pretax Income	139.59	112.75	48.56	11.4	5.64	12.98
Income Tax Expense	17.29	13.55	7.38	-0.02	0.18	1.5
Net Income	122.3	99.2	41.18	11.43	5.46	11.47
Net Income to Common	122.3	99.2	41.18	11.43	5.46	11.47
Net Income Growth	97.66%	140.87%	260.39%	109.15%	-52.38%	-30.61%
Shares Outstanding (Basic)	640	640	346	346	346	343
Shares Outstanding (Diluted)	640	640	346	346	346	343
Shares Change (YoY)	84.77%	84.77%	-	-	0.81%	-
EPS (Basic)	0.19	0.16	0.12	0.03	0.02	0.03
EPS (Diluted)	0.19	0.16	0.12	0.03	0.02	0.03
EPS Growth	6.97%	30.36%	260.39%	109.15%	-52.77%	-30.61%
Free Cash Flow	21.12	58.52	33.48	-8.94	-51.25	-3.36
Free Cash Flow Per Share	0.03	0.09	0.10	-0.03	-0.15	-0.01
Dividend Per Share	-	-	-	0.008	0.014	-
Dividend Growth	-	-	-	-46.10%	-	-
Gross Margin	62.86%	63.89%	58.07%	49.57%	47.19%	52.95%
Operating Margin	62.28%	54.94%	32.32%	17.12%	18.49%	26.02%
Profit Margin	55.36%	48.69%	29.49%	14.13%	8.14%	14.82%
Free Cash Flow Margin	9.56%	28.72%	23.97%	-11.05%	-76.32%	-4.33%
EBITDA	157.26	129.17	56.94	24.27	21.89	29.57
EBITDA Margin	71.18%	63.40%	40.77%	30.00%	32.59%	38.18%
D&A For EBITDA	19.67	17.22	11.8	10.42	9.47	9.41
EBIT	137.59	111.95	45.14	13.85	12.42	20.15
EBIT Margin	62.28%	54.94%	32.32%	17.12%	18.49%	26.02%
Effective Tax Rate	12.38%	12.02%	15.20%	-	3.15%	11.59%
Advertising Expenses	-	0.31	0.22	0.11	0.09	0.15

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