Vicenne S.A (CBSE:VCN)

Vicenne S.A Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	836.62	699.69	592.68	477.47
Revenue Growth (YoY)	19.57%	18.06%	24.13%	-
Cost of Revenue	496.16	427.84	356.82	274.62
Gross Profit	340.46	271.85	235.86	202.85
Selling, General & Admin	167.37	135.45	123.52	92.92
Other Operating Expenses	-1.23	-2.07	-0.97	1.05
Operating Expenses	188.42	145.32	135.3	119.58
Operating Income	152.04	126.53	100.57	83.27
Interest Expense	-12.6	-11	-11.99	-2.87
Other Non Operating Income (Expenses)	-0	-0	-	-
EBT Excluding Unusual Items	139.44	115.52	88.58	80.4
Other Unusual Items	-0.49	-14.02	-0.07	-4.3
Pretax Income	138.96	101.5	88.51	76.1
Income Tax Expense	47.74	42.36	37.41	30.88
Earnings From Continuing Operations	91.22	59.14	51.1	45.22
Minority Interest in Earnings	-0.01	-0.49	-2.52	-8.45
Net Income	91.22	58.65	48.58	36.77
Net Income to Common	91.22	58.65	48.58	36.77
Net Income Growth	55.53%	20.72%	32.12%	-
Free Cash Flow	-202.49	-	-	-
Gross Margin	40.70%	38.85%	39.80%	42.48%
Operating Margin	18.17%	18.08%	16.97%	17.44%
Profit Margin	10.90%	8.38%	8.20%	7.70%
Free Cash Flow Margin	-24.20%	-	-	-
EBITDA	172.9	138.46	113.31	108.87
EBITDA Margin	20.67%	19.79%	19.12%	22.80%
D&A For EBITDA	20.85	11.94	12.75	25.6
EBIT	152.04	126.53	100.57	83.27
EBIT Margin	18.17%	18.08%	16.97%	17.44%
Effective Tax Rate	34.35%	41.73%	42.27%	40.58%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.