Passat Société Anonyme (EPA:ALPAS)

Passat Société Anonyme Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	63.12	62.33	63.96	41.67	40.16	36.34
Revenue Growth (YoY)	0.25%	-2.55%	53.49%	3.77%	10.50%	-1.19%
Cost of Revenue	44.17	43.38	43.47	29.15	27.45	24
Gross Profit	18.95	18.95	20.49	12.52	12.71	12.35
Selling, General & Admin	13.28	13.21	12.77	8.75	8.57	7.29
Other Operating Expenses	-0.19	-0.45	1.2	-0.85	-0.72	0.13
Operating Expenses	16.63	16.28	17.44	10.85	9.96	9.08
Operating Income	2.32	2.67	3.05	1.67	2.75	3.27
Interest Expense	-	-0.11	-0.03	-0.02	-0.02	-0.03
Interest & Investment Income	1.47	0.74	0.47	0.19	0.12	0.17
Earnings From Equity Investments	-0.06	-0.1	-0.08	-0.63	-1.17	-0.03
Currency Exchange Gain (Loss)	0.06	0.06	-0.05	0.21	0.01	-0.06
Other Non Operating Income (Expenses)	-1.28	-1.28	-0.29	-1.31	-0	-
EBT Excluding Unusual Items	2.51	1.97	3.08	0.11	1.69	3.33
Gain (Loss) on Sale of Investments	-	-	-	-2	-	-
Gain (Loss) on Sale of Assets	0.09	0.09	0.07	0.02	0.05	0.04
Other Unusual Items	0.01	0.01	-	5.98	0.01	-0.01
Pretax Income	2.6	2.06	3.14	4.11	1.74	3.35
Income Tax Expense	0.74	0.83	0.69	0.52	0.7	0.87
Earnings From Continuing Operations	1.86	1.24	2.45	3.59	1.04	2.49
Minority Interest in Earnings	-0.18	-0.09	-0.26	-0.08	-0.27	-0.27
Net Income	1.68	1.14	2.2	3.52	0.77	2.22
Net Income to Common	1.68	1.14	2.2	3.52	0.77	2.22
Net Income Growth	27.36%	-47.93%	-37.53%	357.35%	-65.36%	27.66%
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	7.23%	-	-0.54%	-	-	-
EPS (Basic)	0.41	0.29	0.56	0.89	0.19	0.56
EPS (Diluted)	0.41	0.29	0.56	0.89	0.19	0.56
EPS Growth	18.77%	-47.93%	-37.19%	357.35%	-65.36%	27.66%
Free Cash Flow	0.01	-2.72	7.19	-0.29	-2.8	1.83
Free Cash Flow Per Share	0.00	-0.69	1.83	-0.07	-0.71	0.46
Gross Margin	30.03%	30.41%	32.04%	30.05%	31.64%	33.97%
Operating Margin	3.68%	4.28%	4.77%	4.02%	6.84%	8.99%
Profit Margin	2.66%	1.84%	3.44%	8.44%	1.92%	6.11%
Free Cash Flow Margin	0.01%	-4.36%	11.24%	-0.71%	-6.96%	5.04%
EBITDA	3.04	4.58	4.29	6.24	3.93	4.19
EBITDA Margin	4.81%	7.35%	6.71%	14.97%	9.78%	11.53%
D&A For EBITDA	0.72	1.91	1.24	4.57	1.18	0.92
EBIT	2.32	2.67	3.05	1.67	2.75	3.27
EBIT Margin	3.68%	4.28%	4.77%	4.02%	6.84%	8.99%
Effective Tax Rate	28.63%	40.05%	21.95%	12.67%	40.25%	25.80%

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