Passus S.A. (FRA:71X)

Passus Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	122.1	107.5	86.86	76.45	63.01	42.95
Revenue Growth (YoY)	23.86%	23.76%	13.62%	21.33%	46.69%	11.08%
Cost of Revenue	71.57	63.29	48.22	42.49	37.15	18.42
Gross Profit	50.53	44.21	38.64	33.96	25.86	24.54
Selling, General & Admin	30.07	27.68	24.5	24.98	15.97	19.18
Other Operating Expenses	1.36	2.44	1.42	0.14	-1.58	-0.14
Operating Expenses	36.31	35.26	27.79	28.17	17.16	21.1
Operating Income	14.22	8.95	10.84	5.79	8.69	3.43
Interest Expense	-1.68	-0.2	-0.2	-0.15	-0.15	-0.4
Interest & Investment Income	-	0.18	0.02	0.02	0.02	0.02
Currency Exchange Gain (Loss)	0.17	0.17	-0.6	0.06	0.01	-
Other Non Operating Income (Expenses)	2.9	2.9	-0.07	-0.05	-0.05	-0.1
EBT Excluding Unusual Items	15.61	12	9.99	5.66	8.52	2.95
Impairment of Goodwill	-	-	-	-	-	-0.23
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.02	-0.01	0.06	-
Asset Writedown	-	-	-	-	-	0.06
Pretax Income	15.6	11.99	9.97	5.65	8.59	2.78
Income Tax Expense	2.87	1.84	2.15	0.8	1.83	0.62
Earnings From Continuing Operations	12.73	10.15	7.82	4.85	6.76	2.17
Earnings From Discontinued Operations	7.65	2.95	-5.35	-	-	-
Net Income to Company	20.38	13.09	2.47	4.85	6.76	2.17
Minority Interest in Earnings	-0.5	0.18	-0.85	-0.53	-0.78	-0.2
Net Income	19.88	13.28	1.62	4.32	5.98	1.97
Net Income to Common	19.88	13.28	1.62	4.32	5.98	1.97
Net Income Growth	706.45%	718.43%	-62.48%	-27.70%	203.23%	150.87%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-9.70%	-	-	0.24%	6.88%	-
EPS (Basic)	10.72	6.47	0.79	2.11	3.12	1.03
EPS (Diluted)	10.72	6.47	0.79	2.11	2.92	1.03
EPS Growth	793.69%	718.60%	-62.49%	-27.88%	183.74%	150.87%
Free Cash Flow	23.34	5.97	-10.68	28.03	11	-1.68
Free Cash Flow Per Share	12.59	2.91	-5.20	13.65	5.37	-0.87
Dividend Per Share	1.960	1.960	2.920	-	-	0.070
Dividend Growth	-32.88%	-32.88%	-	-	-	40.00%
Gross Margin	41.38%	41.12%	44.48%	44.42%	41.03%	57.13%
Operating Margin	11.65%	8.33%	12.48%	7.57%	13.79%	7.99%
Profit Margin	16.28%	12.35%	1.87%	5.66%	9.49%	4.59%
Free Cash Flow Margin	19.12%	5.55%	-12.29%	36.66%	17.46%	-3.90%
EBITDA	14.52	9.51	11.58	6.34	8.98	5.72
EBITDA Margin	11.89%	8.84%	13.33%	8.29%	14.24%	13.33%
D&A For EBITDA	0.3	0.56	0.74	0.55	0.28	2.29
EBIT	14.22	8.95	10.84	5.79	8.69	3.43
EBIT Margin	11.65%	8.33%	12.48%	7.57%	13.79%	7.99%
Effective Tax Rate	18.38%	15.34%	21.55%	14.15%	21.31%	22.13%
Revenue as Reported	-	-	-	-	-	42.95

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