Akwel SA (EPA: AKW)

Akwel 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
Revenue	1,049	1,066	989.46	922.47	937.18	1,101
Revenue Growth (YoY)	0.49%	7.77%	7.26%	-1.57%	-14.89%	3.67%
Cost of Revenue	476.25	491.79	478.96	424.55	407.33	507.59
Gross Profit	573.11	574.59	510.5	497.92	529.85	593.57
Selling, General & Admin	465.65	467.91	425.32	377.18	347.05	457.05
Other Operating Expenses	12.32	7.03	7.49	-4.29	47.06	4.01
Operating Expenses	518.78	513.54	473.3	415.39	435.14	501.41
Operating Income	54.33	61.04	37.2	82.53	94.71	92.17
Interest Expense	-1.81	-1.69	-1.65	-1.75	-2.98	-2.92
Interest & Investment Income	2.02	2	2.05	1.05	0.98	0.68
Earnings From Equity Investments	-0.92	-0.98	-0.61	-0.46	1.29	-
Other Non Operating Income (Expenses)	-0.15	-0.15	2.19	-1.51	0.09	-0.13
EBT Excluding Unusual Items	53.47	60.23	39.17	79.86	94.1	89.8
Merger & Restructuring Charges	-9.96	-9.96	-	-	-	-
Impairment of Goodwill	-	-	-	-3.68	-6.77	-1.79
Other Unusual Items	3.22	-1.83	-0.92	-8.49	0.03	-1.45
Pretax Income	46.73	48.45	38.25	67.69	106.37	86.56
Income Tax Expense	13.19	12.98	12.97	16.29	20.22	23.31
Earnings From Continuing Operations	33.54	35.47	25.28	51.4	86.14	63.25
Earnings From Discontinued Operations	-	-	-	-0.47	-	-
Net Income to Company	33.54	35.47	25.28	50.93	86.14	63.25
Minority Interest in Earnings	0.17	0.25	-0.03	0.22	-0.6	-0.56
Net Income	33.71	35.72	25.25	51.15	85.54	62.69
Net Income to Common	33.71	35.72	25.25	51.15	85.54	62.69
Net Income Growth	-25.99%	41.47%	-50.64%	-40.20%	36.45%	2.60%
Shares Outstanding (Basic)	27	27	27	26	27	27
Shares Outstanding (Diluted)	27	27	27	26	27	27
Shares Change (YoY)	-0.36%	-1.36%	5.67%	-4.32%	-0.22%	0.40%
EPS (Basic)	1.27	1.34	0.93	2.00	3.20	2.34
EPS (Diluted)	1.27	1.34	0.93	2.00	3.20	2.34
EPS Growth	-25.72%	43.43%	-53.29%	-37.50%	36.75%	2.18%
Free Cash Flow	32.04	6.37	8.53	56.81	129.05	28.05
Free Cash Flow Per Share	1.21	0.24	0.32	2.22	4.83	1.05
Dividend Per Share	0.300	0.300	0.300	0.450	0.450	0.195
Dividend Growth	0%	0%	-33.33%	0%	130.77%	-35.00%
Gross Margin	54.62%	53.88%	51.59%	53.98%	56.54%	53.90%
Operating Margin	5.18%	5.72%	3.76%	8.95%	10.11%	8.37%
Profit Margin	3.21%	3.35%	2.55%	5.54%	9.13%	5.69%
Free Cash Flow Margin	3.05%	0.60%	0.86%	6.16%	13.77%	2.55%
EBITDA	90.8	96.21	73.4	120.12	133.33	129.72
EBITDA Margin	8.65%	9.02%	7.42%	13.02%	14.23%	11.78%
D&A For EBITDA	36.47	35.17	36.2	37.59	38.62	37.55
EBIT	54.33	61.04	37.2	82.53	94.71	92.17
EBIT Margin	5.18%	5.72%	3.76%	8.95%	10.11%	8.37%
Effective Tax Rate	28.23%	26.79%	33.91%	24.07%	19.01%	26.93%

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