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

BVL: 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	433.54	428.75	417.25	392.23	335.66	383.83
Revenue Growth (YoY)	-0.32%	2.75%	6.38%	16.85%	-12.55%	6.70%
Cost of Revenue	242.15	246.15	235.11	222.17	190.29	213.27
Gross Profit	191.39	182.6	182.15	170.06	145.37	170.56
Selling, General & Admin	29.39	30.44	27.98	27.17	25.56	32.49
Other Operating Expenses	-3.57	-3.24	-0.83	0.9	0.96	1.16
Operating Expenses	25.81	27.21	27.15	28.07	26.52	33.65
Operating Income	165.58	155.39	155	141.99	118.85	136.92
Interest Expense	-41.28	-45.31	-56.87	-32.18	-34.38	-36.33
Interest & Investment Income	5.53	5	5.39	0.11	0.67	1.1
Currency Exchange Gain (Loss)	-0.12	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	129.17	114.55	104.27	98.74	86.69	102.56
Pretax Income	129.28	114.6	104.33	98.81	86.84	102.61
Income Tax Expense	36.71	32.86	39.77	33.91	25.74	31.38
Net Income	92.57	81.74	64.56	64.89	61.09	71.23
Net Income to Common	92.57	81.74	64.56	64.89	61.09	71.23
Net Income Growth	68.52%	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)	1.06	0.94	0.74	0.74	0.70	0.82
EPS (Diluted)	1.06	0.94	0.74	0.74	0.70	0.82
EPS Growth	68.52%	26.62%	-0.52%	6.22%	-14.23%	14.45%
Free Cash Flow	79.84	120.57	87.96	102.95	79.55	94.48
Free Cash Flow Per Share	0.92	1.38	1.01	1.18	0.91	1.08
Dividend Per Share	0.860	0.860	-	-	1.036	-
Gross Margin	44.15%	42.59%	43.65%	43.36%	43.31%	44.44%
Operating Margin	38.19%	36.24%	37.15%	36.20%	35.41%	35.67%
Profit Margin	21.35%	19.06%	15.47%	16.54%	18.20%	18.56%
Free Cash Flow Margin	18.42%	28.12%	21.08%	26.25%	23.70%	24.62%
EBITDA	223.56	202.83	201.07	186.54	144.03	161.46
EBITDA Margin	51.57%	47.31%	48.19%	47.56%	42.91%	42.06%
D&A For EBITDA	57.98	47.44	46.07	44.55	25.17	24.54
EBIT	165.58	155.39	155	141.99	118.85	136.92
EBIT Margin	38.19%	36.24%	37.15%	36.20%	35.41%	35.67%
Effective Tax Rate	28.40%	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.