2G Energy AG (ETR: 2GB)

2G Energy AG 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	360.9	365.27	312.81	266.35	246.84	236.41
Revenue Growth (YoY)	7.95%	16.77%	17.45%	7.90%	4.41%	12.41%
Cost of Revenue	224.82	232.55	198.11	168.69	159.89	157.05
Gross Profit	136.08	132.73	114.71	97.66	86.95	79.36
Selling, General & Admin	67.91	64.34	57.03	49.36	44.28	38.97
Other Operating Expenses	34.2	34.2	30.15	28.71	23.3	22.28
Operating Expenses	108.68	104.25	91.84	82.01	71.24	64.96
Operating Income	27.41	28.47	22.86	15.65	15.71	14.39
Interest Expense	-0.7	-0.62	-0.38	-0.31	-0.4	-0.41
Interest & Investment Income	0.08	0.04	0.07	0.09	0.21	0.05
Earnings From Equity Investments	-0.08	-0.07	-0.09	0	0.02	-0.01
Currency Exchange Gain (Loss)	0.63	-0.25	-0.81	0.05	-0.23	-0.18
Other Non Operating Income (Expenses)	0.02	0.02	0.01	2.23	0.01	1.26
EBT Excluding Unusual Items	27.37	27.59	21.66	17.72	15.31	15.1
Gain (Loss) on Sale of Assets	0.28	0.15	-	-	-	-
Asset Writedown	-0.94	-0.94	-	-	-	-
Other Unusual Items	-	-	1.8	-	-	-
Pretax Income	27	27.07	23.46	17.72	16.26	15.1
Income Tax Expense	9	9.09	7.08	5.08	4.31	4.8
Earnings From Continuing Operations	18	17.99	16.37	12.64	11.96	10.3
Minority Interest in Earnings	0.02	-0.04	0.01	-0.03	0.01	0.01
Net Income	18.02	17.95	16.39	12.61	11.97	10.31
Net Income to Common	18.02	17.95	16.39	12.61	11.97	10.31
Net Income Growth	4.40%	9.54%	29.99%	5.30%	16.12%	37.14%
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
Shares Change (YoY)	-	-	-	1.24%	-	1.36%
EPS (Basic)	1.00	1.00	0.91	0.70	0.68	0.58
EPS (Diluted)	1.00	1.00	0.91	0.70	0.68	0.58
EPS Growth	4.40%	9.54%	29.99%	4.01%	16.12%	35.31%
Free Cash Flow	9.72	5	-3.22	4.83	7.42	-2.37
Free Cash Flow Per Share	0.54	0.28	-0.18	0.27	0.42	-0.13
Dividend Per Share	0.170	0.170	0.140	0.125	0.113	0.113
Dividend Growth	21.43%	21.43%	12.00%	11.11%	0%	0%
Gross Margin	37.71%	36.34%	36.67%	36.67%	35.23%	33.57%
Operating Margin	7.59%	7.79%	7.31%	5.88%	6.36%	6.09%
Profit Margin	4.99%	4.91%	5.24%	4.73%	4.85%	4.36%
Free Cash Flow Margin	2.69%	1.37%	-1.03%	1.81%	3.01%	-1.00%
EBITDA	33.97	34.19	27.54	19.59	19.37	18.11
EBITDA Margin	9.41%	9.36%	8.80%	7.36%	7.85%	7.66%
D&A For EBITDA	6.56	5.72	4.67	3.94	3.66	3.72
EBIT	27.41	28.47	22.86	15.65	15.71	14.39
EBIT Margin	7.59%	7.79%	7.31%	5.88%	6.36%	6.09%
Effective Tax Rate	33.33%	33.56%	30.20%	28.67%	26.47%	31.79%
Revenue as Reported	358.83	374.11	345.08	272.35	256.47	228.14

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