Sipef NV (EBR: SIP)

Sipef NV Income Statement

Financials in millions USD. 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	549.35	549.35	518.31	353.09	373.94	410.33
Other Revenue	1.83	1.83	2.74	2.88	2.62	2.62
Revenue	551.18	551.18	521.05	355.98	376.56	412.94
Revenue Growth (YoY)	5.78%	5.78%	46.37%	-5.47%	-8.81%	7.22%
Cost of Revenue	297.7	297.7	273.77	161.69	198.35	236.33
Gross Profit	253.48	253.48	247.28	194.28	178.21	176.62
Selling, General & Admin	116.68	116.68	110.75	89.19	82.33	82.2
Other Operating Expenses	76.57	76.57	75.5	61.17	58.31	60.7
Operating Expenses	217.06	217.06	208.32	165.04	157.57	156.21
Operating Income	36.42	36.42	38.97	29.24	20.65	20.4
Interest Expense	-10.81	-10.81	-8.97	-4.82	-3.44	-3.48
Interest & Investment Income	0.88	0.88	0.12	0.14	0.11	0.13
Earnings From Equity Investments	0.58	0.58	0.24	0.05	0.05	0.38
Currency Exchange Gain (Loss)	1.17	1.17	1.6	2.61	0.25	0.96
Other Non Operating Income (Expenses)	-2.19	-2.19	-2.26	-0.77	0.05	-0.17
EBT Excluding Unusual Items	26.05	26.05	29.69	26.46	17.67	18.22
Merger & Restructuring Charges	-5.9	-5.9	-	-	-	-
Impairment of Goodwill	-2.93	-2.93	-1.76	-0.08	-1.72	-0.07
Gain (Loss) on Sale of Investments	0.69	0.69	0.4	1.47	-0.4	0.02
Gain (Loss) on Sale of Assets	0.55	0.55	-0.19	0.51	0.11	0.16
Asset Writedown	-1.16	-1.16	-0.29	-0.52	-0.02	-
Other Unusual Items	-3.2	-3.2	-2.08	-0.92	-0.2	0.2
Pretax Income	14.11	14.11	25.77	26.91	15.43	18.52
Income Tax Expense	5.52	5.52	7.25	8.32	6.99	5.37
Earnings From Continuing Operations	8.59	8.59	18.52	18.59	8.44	13.15
Net Income to Company	8.59	8.59	18.52	18.59	8.44	13.15
Minority Interest in Earnings	-5.04	-5.04	-6.48	-5.42	-4.17	-4.05
Net Income	3.55	3.55	12.04	13.17	4.27	9.11
Net Income to Common	3.55	3.55	12.04	13.17	4.27	9.11
Net Income Growth	-70.52%	-70.52%	-8.63%	208.28%	-53.09%	9.83%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
EPS (Basic)	3.62	3.62	12.29	13.45	4.36	9.30
EPS (Diluted)	3.62	3.62	12.29	13.45	4.36	9.30
EPS Growth	-70.54%	-70.54%	-8.63%	208.46%	-53.11%	9.83%
Free Cash Flow	20.36	20.36	5.23	10.03	11.85	2
Free Cash Flow Per Share	20.78	20.78	5.33	10.24	12.10	2.04
Dividend Per Share	2.500	2.500	2.500	2.500	2.300	-
Dividend Growth	0%	0%	0%	8.70%	-	-
Gross Margin	45.99%	45.99%	47.46%	54.58%	47.33%	42.77%
Operating Margin	6.61%	6.61%	7.48%	8.21%	5.48%	4.94%
Profit Margin	0.64%	0.64%	2.31%	3.70%	1.13%	2.21%
Free Cash Flow Margin	3.69%	3.69%	1.00%	2.82%	3.15%	0.49%
EBITDA	53.53	53.53	55.35	41.59	32.18	30.72
EBITDA Margin	9.71%	9.71%	10.62%	11.68%	8.55%	7.44%
D&A For EBITDA	17.11	17.11	16.39	12.35	11.53	10.32
EBIT	36.42	36.42	38.97	29.24	20.65	20.4
EBIT Margin	6.61%	6.61%	7.48%	8.21%	5.48%	4.94%
Effective Tax Rate	39.11%	39.11%	28.14%	30.91%	45.28%	28.98%
Revenue as Reported	558.76	558.76	525.52	362.78	380.29	417.93
Advertising Expenses	5.56	5.56	5.11	4.81	3	5.9

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