Hermes Transportes Blindados S.A. (BVL: HERMESC1)

HERMESC1 Income Statement

Financials in millions PEN. 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	431.12	428.75	417.25	392.23	335.66	383.83
Revenue Growth (YoY)	0.79%	2.75%	6.38%	16.85%	-12.55%	6.70%
Cost of Revenue	243.94	246.15	235.11	222.17	190.29	213.27
Gross Profit	187.18	182.6	182.15	170.06	145.37	170.56
Selling, General & Admin	29.69	30.44	27.98	27.17	25.56	32.49
Other Operating Expenses	-3.47	-3.24	-0.83	0.9	0.96	1.16
Operating Expenses	26.22	27.21	27.15	28.07	26.52	33.65
Operating Income	160.96	155.39	155	141.99	118.85	136.92
Interest Expense	-43.02	-45.31	-56.87	-32.18	-34.38	-36.33
Interest & Investment Income	5.77	5	5.39	0.11	0.67	1.1
Currency Exchange Gain (Loss)	1.33	0	1.31	0.73	0.11	-0.08
Other Non Operating Income (Expenses)	-0.53	-0.53	-0.56	-11.91	1.44	0.96
EBT Excluding Unusual Items	124.5	114.55	104.27	98.74	86.69	102.56
Pretax Income	124.54	114.6	104.33	98.81	86.84	102.61
Income Tax Expense	35.04	32.86	39.77	33.91	25.74	31.38
Net Income	89.5	81.74	64.56	64.89	61.09	71.23
Net Income to Common	89.5	81.74	64.56	64.89	61.09	71.23
Net Income Growth	56.83%	26.62%	-0.52%	6.22%	-14.23%	14.45%
Shares Outstanding (Basic)	87	87	87	87	87	87
Shares Outstanding (Diluted)	87	87	87	87	87	87
EPS (Basic)	1.03	0.94	0.74	0.74	0.70	0.82
EPS (Diluted)	1.03	0.94	0.74	0.74	0.70	0.82
EPS Growth	56.83%	26.62%	-0.52%	6.22%	-14.23%	14.45%
Free Cash Flow	110.59	120.57	87.96	102.95	79.55	94.48
Free Cash Flow Per Share	1.27	1.38	1.01	1.18	0.91	1.08
Dividend Per Share	-	-	-	-	1.036	-
Gross Margin	43.42%	42.59%	43.65%	43.36%	43.31%	44.44%
Operating Margin	37.34%	36.24%	37.15%	36.20%	35.41%	35.67%
Profit Margin	20.76%	19.06%	15.47%	16.54%	18.20%	18.56%
Free Cash Flow Margin	25.65%	28.12%	21.08%	26.25%	23.70%	24.62%
EBITDA	219.3	202.83	201.07	186.54	144.03	161.46
EBITDA Margin	50.87%	47.31%	48.19%	47.56%	42.91%	42.06%
D&A For EBITDA	58.34	47.44	46.07	44.55	25.17	24.54
EBIT	160.96	155.39	155	141.99	118.85	136.92
EBIT Margin	37.34%	36.24%	37.15%	36.20%	35.41%	35.67%
Effective Tax Rate	28.13%	28.67%	38.12%	34.32%	29.65%	30.58%
Revenue as Reported	428.75	428.75	417.25	392.23	335.66	383.83
Advertising Expenses	-	1.29	0.93	0.4	0.29	0.67

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