Société Tunisienne Industrielle du Papier et du Carton (BVMT: STPAP)

STPAP Income Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2022	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	159.39	159.39	127.44	82.71	125.48	106.56
Revenue Growth (YoY)	49.58%	25.07%	54.08%	-34.08%	17.76%	36.50%
Cost of Revenue	99.56	99.56	84.35	59.37	81.66	72.05
Gross Profit	59.83	59.83	43.09	23.34	43.81	34.51
Selling, General & Admin	9.1	9.1	8.56	7.85	7.52	6.87
Other Operating Expenses	4.72	4.72	3.37	2.43	2.86	2.59
Operating Expenses	25.85	25.85	18.65	19.55	15.57	14.37
Operating Income	33.99	33.99	24.44	3.79	28.24	20.14
Interest Expense	-3.83	-3.83	-2.67	-2.43	-4.03	-3.65
Interest & Investment Income	0.07	0.07	0.25	0.34	0.6	0.96
Currency Exchange Gain (Loss)	-0.16	-0.16	-0.09	-0.06	0.24	-1.41
Other Non Operating Income (Expenses)	0.06	0.06	-0.35	0.18	1.05	0.54
EBT Excluding Unusual Items	30.13	30.13	21.58	1.82	26.1	16.58
Impairment of Goodwill	-	-	-	-	-0.11	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.01	0.08
Other Unusual Items	-	-	-	0.5	-	-1.55
Pretax Income	30.13	30.13	21.58	2.32	26	15.11
Income Tax Expense	4.28	4.28	3.01	0.65	4.67	1.71
Earnings From Continuing Operations	25.85	25.85	18.57	1.67	21.33	13.39
Minority Interest in Earnings	-0	-0	-0	-0.05	-0.07	-0.05
Net Income	25.85	25.85	18.57	1.62	21.26	13.35
Net Income to Common	25.85	25.85	18.57	1.62	21.26	13.35
Net Income Growth	93.67%	39.20%	1045.35%	-92.37%	59.31%	43.50%
Shares Outstanding (Basic)	28	28	28	28	28	28
Shares Outstanding (Diluted)	28	28	28	28	28	28
Shares Change (YoY)	0.74%	0.74%	-	-	-	15.86%
EPS (Basic)	0.92	0.92	0.66	0.06	0.76	0.48
EPS (Diluted)	0.92	0.92	0.66	0.06	0.76	0.48
EPS Growth	92.25%	38.18%	1045.35%	-92.37%	59.31%	23.86%
Free Cash Flow	1.57	1.57	12.57	12.39	4.59	3.12
Free Cash Flow Per Share	0.06	0.06	0.45	0.44	0.16	0.11
Dividend Per Share	0.470	0.470	0.470	-	-	-
Gross Margin	37.54%	37.54%	33.81%	28.22%	34.92%	32.39%
Operating Margin	21.32%	21.32%	19.18%	4.59%	22.51%	18.90%
Profit Margin	16.22%	16.22%	14.57%	1.96%	16.95%	12.53%
Free Cash Flow Margin	0.99%	0.99%	9.86%	14.98%	3.65%	2.93%
EBITDA	34.14	34.14	30.29	9.29	33.32	24.51
EBITDA Margin	21.42%	21.42%	23.77%	11.24%	26.55%	23.00%
D&A For EBITDA	0.15	0.15	5.85	5.5	5.08	4.37
EBIT	33.99	33.99	24.44	3.79	28.24	20.14
EBIT Margin	21.32%	21.32%	19.18%	4.59%	22.51%	18.90%
Effective Tax Rate	14.20%	14.20%	13.93%	27.98%	17.97%	11.33%
Revenue as Reported	159.49	159.49	127.89	82.78	125.49	106.58
Advertising Expenses	0.09	0.09	0.12	0.38	0.09	0.1

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