Martifer SGPS, S.A. (ELI: MAR)

Martifer SGPS Income Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Jun 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Operating Revenue	198.83	190.4	209.32	226.12	235.91	200.59
Other Revenue	1.83	1.66	2.81	1.12	1	0.72
Revenue	200.66	192.06	212.13	227.24	236.91	201.31
Revenue Growth (YoY)	7.38%	-9.46%	-6.65%	-4.08%	17.68%	13.57%
Cost of Revenue	98.45	95.29	119.73	144.44	153.24	122.39
Gross Profit	102.21	96.77	92.4	82.8	83.67	78.92
Selling, General & Admin	70.63	68.54	72.53	64.52	66.19	63.69
Other Operating Expenses	-1.52	-1.49	1.07	-1.04	-1.63	-5.63
Operating Expenses	86.03	86.26	78.89	66.22	73.09	66.84
Operating Income	16.19	10.51	13.51	16.58	10.59	12.09
Interest Expense	-6.04	-4.4	-3.94	-5.11	-5.22	-4.97
Interest & Investment Income	0.09	0.03	0.05	0.02	0.02	0.07
Earnings From Equity Investments	1.5	3.04	1.86	0.25	8.03	1.13
Currency Exchange Gain (Loss)	0.61	-1.45	4.26	-3.24	-1.81	-1.89
Other Non Operating Income (Expenses)	-0.62	-0.78	-0.78	-1	1.76	-1.36
EBT Excluding Unusual Items	11.71	6.95	14.95	7.51	13.36	5.08
Gain (Loss) on Sale of Investments	-	-	-0	-	-8.91	-0.95
Gain (Loss) on Sale of Assets	2.85	8.49	1.82	2.48	20.92	-0.5
Asset Writedown	-	-	-2.35	-1.09	-2.73	-
Legal Settlements	0.01	-	-	-0.8	-0.19	-0.38
Pretax Income	14.57	15.44	14.43	8.1	22.44	3.25
Income Tax Expense	0.37	1.29	1.76	1.41	1	1.66
Earnings From Continuing Operations	14.2	14.16	12.67	6.68	21.45	1.59
Net Income to Company	14.2	14.16	12.67	6.68	21.45	1.59
Minority Interest in Earnings	-1.55	-0.82	-1.4	-0.39	2.1	-0.29
Net Income	12.65	13.34	11.27	6.3	23.55	1.31
Net Income to Common	12.65	13.34	11.27	6.3	23.55	1.31
Net Income Growth	-17.16%	18.40%	78.89%	-73.25%	1701.60%	-80.02%
Shares Outstanding (Basic)	98	98	98	98	98	98
Shares Outstanding (Diluted)	98	98	98	98	98	98
EPS (Basic)	0.13	0.14	0.12	0.06	0.24	0.01
EPS (Diluted)	0.13	0.14	0.12	0.06	0.24	0.01
EPS Growth	-17.16%	18.40%	78.89%	-73.25%	1701.71%	-80.02%
Free Cash Flow	14.56	10.7	4.32	8.85	12.73	9.2
Free Cash Flow Per Share	0.15	0.11	0.04	0.09	0.13	0.09
Gross Margin	50.94%	50.38%	43.56%	36.44%	35.32%	39.20%
Operating Margin	8.07%	5.47%	6.37%	7.30%	4.47%	6.01%
Profit Margin	6.30%	6.95%	5.31%	2.77%	9.94%	0.65%
Free Cash Flow Margin	7.25%	5.57%	2.04%	3.89%	5.37%	4.57%
EBITDA	19.87	14.92	17.83	21.36	17.89	20.61
EBITDA Margin	9.90%	7.77%	8.41%	9.40%	7.55%	10.24%
D&A For EBITDA	3.69	4.41	4.32	4.79	7.3	8.53
EBIT	16.19	10.51	13.51	16.58	10.59	12.09
EBIT Margin	8.07%	5.47%	6.37%	7.30%	4.47%	6.00%
Effective Tax Rate	2.53%	8.32%	12.21%	17.44%	4.44%	51.03%
Advertising Expenses	-	0.46	0.08	0.11	0.21	0.2

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