Hightech Payment Systems S.A. (CBSE: HPS)

Hightech Payment Systems Income Statement

Financials in millions MAD. 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
Operating Revenue	1,125	1,117	980.21	796.7	674.07	683.68
Other Revenue	40.18	35	24.86	34.48	46.64	30.82
Revenue	1,165	1,152	1,005	831.18	720.71	714.51
Revenue Growth (YoY)	6.98%	14.60%	20.92%	15.33%	0.87%	10.96%
Cost of Revenue	672.24	666.94	612.14	501.05	407.85	387.39
Gross Profit	493.21	484.87	392.94	330.13	312.87	327.12
Selling, General & Admin	238.1	224.7	158.7	103.73	113.57	139.5
Other Operating Expenses	77.01	63.82	70.78	81.97	78.77	60.7
Operating Expenses	326.38	299.79	240.75	194.79	194.24	203.89
Operating Income	166.83	185.08	152.19	135.33	118.63	123.23
Interest Expense	-	-9.79	-7.75	-7.07	-4.82	-4.67
Interest & Investment Income	13.65	5.53	1.27	0.96	1.47	0.84
Earnings From Equity Investments	19.43	16.68	16.38	10.7	15.7	10.6
Currency Exchange Gain (Loss)	-6.79	-6.79	30.86	-7.93	-11.57	-2.25
Other Non Operating Income (Expenses)	-15.38	-15.38	-4.92	11.66	-4.17	-0.23
EBT Excluding Unusual Items	177.75	175.34	188.02	143.65	115.24	127.52
Other Unusual Items	-15.89	-14.35	-26.9	-10.48	-5.9	-4.61
Pretax Income	161.86	160.99	161.12	133.17	109.34	122.91
Income Tax Expense	67.5	61.05	44.04	34.32	24.95	29.11
Net Income	94.36	99.93	117.08	98.85	84.39	93.8
Net Income to Common	94.36	99.93	117.08	98.85	84.39	93.8
Net Income Growth	-0.56%	-14.64%	18.44%	17.13%	-10.02%	1.70%
Shares Outstanding (Basic)	8	7	7	7	7	7
Shares Outstanding (Diluted)	8	7	7	7	7	7
Shares Change (YoY)	7.89%	5.21%	0.00%	-0.04%	0.04%	0.00%
EPS (Basic)	12.43	13.50	16.64	14.05	11.99	13.33
EPS (Diluted)	12.43	13.50	16.64	14.05	11.99	13.33
EPS Growth	-7.84%	-18.87%	18.43%	17.18%	-10.06%	1.69%
Free Cash Flow	66.06	14.25	4.62	169.54	108.3	18.44
Free Cash Flow Per Share	8.70	1.93	0.66	24.10	15.39	2.62
Dividend Per Share	6.800	6.800	6.000	5.500	5.000	-
Dividend Growth	13.33%	13.33%	9.09%	10.00%	-	-
Gross Margin	42.32%	42.10%	39.10%	39.72%	43.41%	45.78%
Operating Margin	14.31%	16.07%	15.14%	16.28%	16.46%	17.25%
Profit Margin	8.10%	8.68%	11.65%	11.89%	11.71%	13.13%
Free Cash Flow Margin	5.67%	1.24%	0.46%	20.40%	15.03%	2.58%
EBITDA	206.5	223.38	186.89	168.38	141.54	142.93
EBITDA Margin	17.72%	19.39%	18.59%	20.26%	19.64%	20.00%
D&A For EBITDA	39.66	38.29	34.7	33.05	22.91	19.7
EBIT	166.83	185.08	152.19	135.33	118.63	123.23
EBIT Margin	14.31%	16.07%	15.14%	16.28%	16.46%	17.25%
Effective Tax Rate	41.71%	37.92%	27.33%	25.77%	22.82%	23.69%
Revenue as Reported	1,205	1,191	1,007	833.33	728.49	719.6

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