Societe Tunisienne de Verreries (BVMT: SOTUV)

SOTUV Income Statement

Financials in millions TND. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	262.36	262.36	156.19	104.9	91.09	97.34
Other Revenue	0.2	0.2	-	2.75	0.94	1.37
Revenue	262.55	262.55	156.19	107.65	92.03	98.7
Revenue Growth (YoY)	166.01%	68.10%	45.09%	16.98%	-6.76%	1.92%
Cost of Revenue	106.21	106.21	83.37	51.96	46.78	57.13
Gross Profit	156.35	156.35	72.82	55.69	45.24	41.57
Selling, General & Admin	22.36	22.36	15.75	12.78	11.16	9.74
Other Operating Expenses	19.23	19.23	7.32	6.5	5.27	5.93
Operating Expenses	70.19	70.19	35.31	29.68	27.72	25.24
Operating Income	86.16	86.16	37.51	26.01	17.53	16.34
Interest Expense	-22.89	-22.89	-6.43	-5.53	-4.69	-4.09
Interest & Investment Income	6.25	6.25	2.03	1.28	-	-
Currency Exchange Gain (Loss)	-0.14	-0.14	0.11	-0.1	-0	-0.35
Other Non Operating Income (Expenses)	-0.76	-0.76	-0.5	-0.13	-0.06	-0.05
EBT Excluding Unusual Items	68.61	68.61	32.71	21.53	12.78	11.85
Gain (Loss) on Sale of Assets	-	-	-	-	0.02	-
Other Unusual Items	2.75	2.75	-0.04	-0.03	-1.11	0.46
Pretax Income	71.36	71.36	32.68	21.5	11.69	12.3
Income Tax Expense	5.1	5.1	3.55	1.58	0.94	0.68
Earnings From Continuing Operations	66.26	66.26	29.13	19.93	10.74	11.62
Minority Interest in Earnings	-19.62	-19.62	0.78	0.06	-0.09	0.04
Net Income	46.64	46.64	29.91	19.99	10.65	11.66
Net Income to Common	46.64	46.64	29.91	19.99	10.65	11.66
Net Income Growth	299.89%	55.96%	49.64%	87.64%	-8.68%	-33.01%
Shares Outstanding (Basic)	39	39	39	39	35	39
Shares Outstanding (Diluted)	39	39	39	39	35	39
Shares Change (YoY)	-0.00%	-0.00%	-	11.15%	-10.03%	-
EPS (Basic)	1.19	1.19	0.76	0.51	0.30	0.30
EPS (Diluted)	1.19	1.19	0.76	0.51	0.30	0.30
EPS Growth	299.90%	55.96%	49.64%	68.81%	1.50%	-33.01%
Free Cash Flow	-47.13	-47.13	-46.65	8.93	15.44	-6.2
Free Cash Flow Per Share	-1.20	-1.20	-1.19	0.23	0.44	-0.16
Dividend Per Share	0.550	0.550	0.550	0.339	0.288	-
Dividend Growth	-	0%	62.48%	17.66%	-	-
Gross Margin	59.55%	59.55%	46.62%	51.74%	49.16%	42.12%
Operating Margin	32.82%	32.82%	24.02%	24.16%	19.04%	16.55%
Profit Margin	17.76%	17.76%	19.15%	18.57%	11.57%	11.82%
Free Cash Flow Margin	-17.95%	-17.95%	-29.87%	8.29%	16.78%	-6.29%
EBITDA	105.98	105.98	47.07	35.69	27.43	24.93
EBITDA Margin	40.36%	40.36%	30.13%	33.16%	29.80%	25.25%
D&A For EBITDA	19.82	19.82	9.55	9.68	9.9	8.59
EBIT	86.16	86.16	37.51	26.01	17.53	16.34
EBIT Margin	32.82%	32.82%	24.02%	24.16%	19.04%	16.55%
Effective Tax Rate	7.15%	7.15%	10.85%	7.33%	8.08%	5.56%
Revenue as Reported	267.82	267.82	160.37	107.89	92.43	99.19

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