Fras-le S.A. (BVMF: FRAS3)

Fras-le Income Statement

Financials in millions BRL. 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	3,452	3,389	3,058	2,582	1,671	1,366
Revenue Growth (YoY)	3.69%	10.81%	18.43%	54.55%	22.36%	19.66%
Cost of Revenue	2,325	2,250	2,155	1,834	1,191	1,016
Gross Profit	1,127	1,139	903.48	748.3	479.91	349.67
Selling, General & Admin	610.22	563.07	502.66	424.43	294.26	241.01
Other Operating Expenses	106.32	55.63	67.79	62.65	33.06	1.59
Operating Expenses	716.54	618.7	570.45	487.08	327.31	242.6
Operating Income	410.56	519.91	333.02	261.22	152.6	107.07
Interest Expense	-108.22	-109.1	-112	-68.45	-34.66	-17.37
Interest & Investment Income	211.8	219	108.6	25.55	13.27	9.83
Earnings From Equity Investments	-0.76	-0.45	0.02	0.55	-	-
Currency Exchange Gain (Loss)	-77.79	-107.9	-50.3	-23.51	-25.15	-29.38
Other Non Operating Income (Expenses)	63.62	-17.87	-30.5	-3.12	8.21	-23.31
EBT Excluding Unusual Items	499.21	503.58	248.84	192.24	114.27	46.83
Merger & Restructuring Charges	-1.4	-1.4	-	17.4	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-12.18	-
Gain (Loss) on Sale of Assets	-	-	-	-4.41	-3.89	9.61
Asset Writedown	-	-	-	24.78	-20.31	-
Legal Settlements	0.65	-	-	-28.07	176.66	-10
Other Unusual Items	24.5	24.5	-	24.1	-	23.89
Pretax Income	522.96	526.68	248.84	226.04	254.55	70.33
Income Tax Expense	172.37	137.95	45.51	15.42	72.51	37.53
Earnings From Continuing Operations	350.59	388.73	203.33	210.62	182.05	32.81
Minority Interest in Earnings	-11.65	-11.35	1.51	0.61	6.32	4.08
Net Income	338.94	377.39	204.84	211.23	188.37	36.89
Net Income to Common	338.94	377.39	204.84	211.23	188.37	36.89
Net Income Growth	14.69%	84.24%	-3.03%	12.14%	410.63%	-60.47%
Shares Outstanding (Basic)	267	267	252	215	215	215
Shares Outstanding (Diluted)	267	267	252	215	215	215
Shares Change (YoY)	-0.05%	5.81%	17.61%	-	-	-
EPS (Basic)	1.27	1.41	0.81	0.98	0.88	0.17
EPS (Diluted)	1.27	1.41	0.81	0.98	0.88	0.17
EPS Growth	14.74%	74.12%	-17.55%	12.14%	410.63%	-60.47%
Free Cash Flow	424.92	906.4	-187.37	138.77	185.15	37.97
Free Cash Flow Per Share	1.59	3.39	-0.74	0.65	0.86	0.18
Dividend Per Share	0.478	0.474	0.264	0.288	0.274	0.110
Dividend Growth	14.65%	79.21%	-8.14%	4.80%	149.42%	-73.79%
Gross Margin	32.65%	33.60%	29.54%	28.98%	28.72%	25.61%
Operating Margin	11.89%	15.34%	10.89%	10.12%	9.13%	7.84%
Profit Margin	9.82%	11.14%	6.70%	8.18%	11.27%	2.70%
Free Cash Flow Margin	12.31%	26.75%	-6.13%	5.37%	11.08%	2.78%
EBITDA	504.27	613.96	430.96	351.04	224.26	162.78
EBITDA Margin	14.61%	18.12%	14.09%	13.59%	13.42%	11.92%
D&A For EBITDA	93.71	94.06	97.93	89.82	71.66	55.71
EBIT	410.56	519.91	333.02	261.22	152.6	107.07
EBIT Margin	11.89%	15.34%	10.89%	10.12%	9.13%	7.84%
Effective Tax Rate	32.96%	26.19%	18.29%	6.82%	28.48%	53.36%

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