Purcari Wineries Public Company Limited (BVB: WINE)

WINE 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	374.12	369.65	302.49	248.13	203.67	199.1
Revenue Growth (YoY)	10.03%	22.20%	21.90%	21.83%	2.30%	18.43%
Cost of Revenue	207.18	214.96	172.82	128.16	109.08	100.6
Gross Profit	166.94	154.69	129.67	119.97	94.59	98.5
Selling, General & Admin	87.18	81.44	72.15	58.01	47.42	42.81
Other Operating Expenses	-2.23	-2.52	-2.69	-1.83	-1.49	0.22
Operating Expenses	83.43	79.84	69.34	58.73	46.26	43.4
Operating Income	83.51	74.85	60.33	61.25	48.33	55.1
Interest Expense	-9.28	-7.63	-4.55	-3.93	-5.23	-5.8
Interest & Investment Income	0.27	0.43	0.42	0.19	-	-
Earnings From Equity Investments	-	-	-	-0.56	-0.2	1
Currency Exchange Gain (Loss)	1.77	3.27	-3.41	-3.03	-3.51	-0.81
Other Non Operating Income (Expenses)	0.01	0.01	-	0.36	4.65	-
EBT Excluding Unusual Items	76.28	70.92	52.8	54.28	44.04	49.48
Gain (Loss) on Sale of Investments	0.7	0.7	0.02	6.49	25.74	-0.24
Gain (Loss) on Sale of Assets	0.29	0.95	-0.31	0.71	0.19	-0.38
Asset Writedown	0.08	0.08	0.08	0.08	0.08	0.08
Legal Settlements	-1.66	-1.66	-	-	-	-
Other Unusual Items	-	-	28.26	-	-	-
Pretax Income	75.68	70.99	80.85	61.57	70.06	48.94
Income Tax Expense	9.67	7.02	12.1	10.42	10.83	8.47
Earnings From Continuing Operations	66.01	63.97	68.75	51.15	59.23	40.46
Minority Interest in Earnings	-4.15	-3.6	-3.92	-4.14	-2.84	-4.17
Net Income	63.56	60.37	64.82	47.01	56.39	36.3
Net Income to Common	63.56	60.37	64.82	47.01	56.39	36.3
Net Income Growth	-9.12%	-6.87%	37.88%	-16.62%	55.35%	-4.40%
Shares Outstanding (Basic)	-	40	40	40	40	40
Shares Outstanding (Diluted)	-	40	40	40	40	40
Shares Change (YoY)	-	0.13%	0.63%	0.06%	-0.46%	0.53%
EPS (Basic)	-	1.51	1.62	1.18	1.42	0.91
EPS (Diluted)	-	1.51	1.62	1.18	1.42	0.91
EPS Growth	-	-6.99%	37.02%	-16.67%	56.07%	-4.90%
Free Cash Flow	-7.34	9.15	-17.22	9.08	14.96	9.05
Free Cash Flow Per Share	-	0.23	-0.43	0.23	0.38	0.23
Dividend Per Share	0.650	0.650	0.550	0.510	0.650	-
Dividend Growth	18.18%	18.18%	7.84%	-21.54%	-	-
Gross Margin	44.62%	41.85%	42.87%	48.35%	46.44%	49.47%
Operating Margin	22.32%	20.25%	19.95%	24.68%	23.73%	27.67%
Profit Margin	16.99%	16.33%	21.43%	18.95%	27.68%	18.23%
Free Cash Flow Margin	-1.96%	2.47%	-5.69%	3.66%	7.35%	4.55%
EBITDA	102.51	92.77	73.56	73.73	59.17	63.73
EBITDA Margin	27.40%	25.10%	24.32%	29.71%	29.05%	32.01%
D&A For EBITDA	19	17.93	13.23	12.48	10.83	8.64
EBIT	83.51	74.85	60.33	61.25	48.33	55.1
EBIT Margin	22.32%	20.25%	19.95%	24.68%	23.73%	27.67%
Effective Tax Rate	12.78%	9.89%	14.97%	16.92%	15.46%	17.32%

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