JBS S.A. (BVMF: JBSS3)

JBS S.A. 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	377,504	363,817	374,852	350,696	270,204	204,524
Revenue Growth (YoY)	2.62%	-2.94%	6.89%	29.79%	32.11%	12.57%
Cost of Revenue	328,163	324,168	315,374	284,511	224,986	172,577
Gross Profit	49,340	39,649	59,478	66,185	45,218	31,946
Selling, General & Admin	34,614	33,978	35,498	30,119	23,991	18,492
Other Operating Expenses	189.08	-69.32	-1,013	-238	-42.43	257.77
Operating Expenses	34,803	33,909	34,485	29,881	23,948	18,750
Operating Income	14,537	5,740	24,993	36,304	21,270	13,196
Interest Expense	-8,835	-8,647	-6,930	-5,265	-4,770	-4,532
Interest & Investment Income	1,958	1,628	1,388	780.55	1,005	465.13
Earnings From Equity Investments	-1.63	47.61	60.51	92.51	53.48	34.17
Currency Exchange Gain (Loss)	777.38	294.59	2,207	-9.83	-7,846	-1,393
Other Non Operating Income (Expenses)	-2,282	-22.97	-3,016	-584.77	-627.24	-524.74
EBT Excluding Unusual Items	6,154	-960.07	18,701	31,318	9,085	7,245
Gain (Loss) on Sale of Assets	54.8	72.22	98.88	26.75	41.61	19.85
Asset Writedown	112.73	-	-	-	-	-1.41
Legal Settlements	-767.51	-510.23	-516.35	-4,154	-862.13	-
Other Unusual Items	-	-	-	-	-	234.17
Pretax Income	5,501	-1,398	18,284	27,191	8,264	7,498
Income Tax Expense	772.54	-668.94	2,083	6,662	3,609	1,033
Earnings From Continuing Operations	4,729	-729.15	16,201	20,530	4,655	6,465
Minority Interest in Earnings	-712.23	-331.83	-743.42	-43.09	-56.64	-396.49
Net Income	4,016	-1,061	15,458	20,487	4,598	6,068
Net Income to Common	4,016	-1,061	15,458	20,487	4,598	6,068
Net Income Growth	-13.57%	-	-24.55%	345.52%	-24.22%	23981.78%
Shares Outstanding (Basic)	2,218	2,218	2,230	2,479	2,655	2,665
Shares Outstanding (Diluted)	2,218	2,218	2,230	2,479	2,655	2,666
Shares Change (YoY)	-0.23%	-0.55%	-10.03%	-6.63%	-0.41%	-0.02%
EPS (Basic)	1.81	-0.48	6.93	8.26	1.73	2.28
EPS (Diluted)	1.81	-0.48	6.93	8.26	1.73	2.28
EPS Growth	-13.37%	-	-16.13%	377.13%	-23.95%	23966.22%
Free Cash Flow	11,796	4,006	2,107	11,857	17,795	9,529
Free Cash Flow Per Share	5.32	1.81	0.94	4.78	6.70	3.57
Dividend Per Share	1.000	-	2.000	2.001	1.017	0.541
Dividend Growth	-66.67%	-	-0.07%	96.85%	88.07%	23969.23%
Gross Margin	13.07%	10.90%	15.87%	18.87%	16.73%	15.62%
Operating Margin	3.85%	1.58%	6.67%	10.35%	7.87%	6.45%
Profit Margin	1.06%	-0.29%	4.12%	5.84%	1.70%	2.97%
Free Cash Flow Margin	3.12%	1.10%	0.56%	3.38%	6.59%	4.66%
EBITDA	23,597	14,499	33,031	43,661	27,670	18,287
EBITDA Margin	6.25%	3.99%	8.81%	12.45%	10.24%	8.94%
D&A For EBITDA	9,060	8,759	8,038	7,356	6,400	5,091
EBIT	14,537	5,740	24,993	36,304	21,270	13,196
EBIT Margin	3.85%	1.58%	6.67%	10.35%	7.87%	6.45%
Effective Tax Rate	14.04%	-	11.39%	24.50%	43.67%	13.78%

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