Ramada Investimentos e Industria, S.A. (ELI: RAM)

RAM Income Statement

Financials in millions EUR. 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	140.46	140.24	193.69	142.78	102.7	114.03
Other Revenue	0.73	0.72	0.49	1.78	0.51	0.91
Revenue	141.2	140.95	194.18	144.56	103.22	114.94
Revenue Growth (YoY)	62.57%	-27.41%	34.32%	40.06%	-10.20%	-10.40%
Cost of Revenue	106.91	107.11	145.01	106.94	76.89	85.58
Gross Profit	34.29	33.84	49.17	37.63	26.32	29.36
Selling, General & Admin	15.12	15.2	15.48	14.32	10.51	13.62
Other Operating Expenses	0.03	0.04	1.27	1.48	1.1	0.21
Operating Expenses	18.79	18.83	20.08	19.01	14.8	17.35
Operating Income	15.5	15.01	29.08	18.62	11.52	12.02
Interest Expense	-2.88	-2.63	-1.16	-0.83	-0.99	-1.13
Interest & Investment Income	0.82	0.67	0.39	0.29	0.07	0.02
Currency Exchange Gain (Loss)	-	-	-	-	-0.01	0
Other Non Operating Income (Expenses)	-0.08	-0.08	-0.05	-0.06	-0.15	-0.23
EBT Excluding Unusual Items	13.37	12.97	28.27	18.02	10.43	10.68
Gain (Loss) on Sale of Investments	-	-	-0.78	-	-1.77	-
Gain (Loss) on Sale of Assets	0.24	0.24	0.14	0.31	0.03	0.03
Other Unusual Items	-1	-1	-2.6	-	-	-
Pretax Income	12.61	12.21	25.02	18.33	8.69	10.71
Income Tax Expense	1.83	1.8	4.99	3.24	1.7	2.58
Earnings From Continuing Operations	10.78	10.41	20.03	15.09	6.99	8.13
Earnings From Discontinued Operations	19.05	-	-	-	-	-
Net Income to Company	29.83	10.41	20.03	15.09	6.99	8.13
Net Income	29.83	10.41	20.03	15.09	6.99	8.13
Net Income to Common	29.83	10.41	20.03	15.09	6.99	8.13
Net Income Growth	93.46%	-48.02%	32.77%	115.90%	-14.04%	-88.34%
Shares Outstanding (Basic)	26	26	26	26	26	26
Shares Outstanding (Diluted)	26	26	26	26	26	26
EPS (Basic)	1.16	0.41	0.78	0.59	0.27	0.32
EPS (Diluted)	1.16	0.41	0.78	0.59	0.27	0.32
EPS Growth	93.37%	-47.93%	32.55%	117.94%	-14.85%	-88.34%
Free Cash Flow	12.32	18.77	-4.17	16.26	22	15.67
Free Cash Flow Per Share	0.48	0.73	-0.16	0.63	0.86	0.61
Dividend Per Share	0.580	0.580	0.820	0.600	0.600	-
Dividend Growth	-29.27%	-29.27%	36.67%	0%	-	-
Gross Margin	24.28%	24.01%	25.32%	26.03%	25.50%	25.54%
Operating Margin	10.98%	10.65%	14.98%	12.88%	11.16%	10.45%
Profit Margin	21.13%	7.39%	10.32%	10.44%	6.77%	7.07%
Free Cash Flow Margin	8.73%	13.32%	-2.15%	11.25%	21.31%	13.63%
EBITDA	18.77	18.23	32.17	21.58	14.33	15.11
EBITDA Margin	13.29%	12.94%	16.57%	14.93%	13.88%	13.14%
D&A For EBITDA	3.26	3.23	3.09	2.96	2.81	3.09
EBIT	15.5	15.01	29.08	18.62	11.52	12.02
EBIT Margin	10.98%	10.65%	14.98%	12.88%	11.16%	10.45%
Effective Tax Rate	14.49%	14.72%	19.93%	17.70%	19.61%	24.11%

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