Ipsen Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	3,561	3,401	3,128	3,025	2,643	2,592
Other Revenue	198.7	173.9	178.9	131.4	105.3	94.6
Revenue	3,760	3,575	3,306	3,156	2,749	2,686
Revenue Growth (YoY)	11.54%	8.11%	4.75%	14.84%	2.32%	-0.24%
Cost of Revenue	627.1	618.7	571.2	527.7	438.6	490.6
Gross Profit	3,133	2,956	2,735	2,629	2,310	2,196
Selling, General & Admin	1,206	1,174	1,135	1,039	916.2	972.2
Research & Development	728.1	686.6	619.3	445.3	424.4	405.6
Other Operating Expenses	172.6	255.3	208.6	201	83.2	58.8
Operating Expenses	2,107	2,116	1,963	1,685	1,424	1,437
Operating Income	1,026	839.7	772	943.7	886.2	759
Interest Expense	-27.9	-23.1	-26.2	-23.8	-23.7	-27.1
Interest & Investment Income	20.4	14.5	6.8	5.3	1.9	2.3
Earnings From Equity Investments	-0.1	0.5	-5.4	-1.5	0.4	-1.5
Currency Exchange Gain (Loss)	16.8	-9.6	-4.8	9.2	-0.9	11.6
Other Non Operating Income (Expenses)	-56.6	-39.7	-21.9	-17.9	-16.1	13.8
EBT Excluding Unusual Items	978.3	782.3	720.5	915	847.8	758.1
Merger & Restructuring Charges	-124.5	-125.2	-209.8	-98.9	-52.3	-86.4
Gain (Loss) on Sale of Investments	-14.5	-6.3	-8	2.6	3.1	7.6
Gain (Loss) on Sale of Assets	82	82	-	-	-	5.7
Asset Writedown	-333.9	-280.9	253.4	-114.3	-9.1	-153.9
Other Unusual Items	-19.7	-19.7	-	-	-	-
Pretax Income	567.7	432.2	756.1	704.4	789.5	531.1
Income Tax Expense	117.2	74.9	136.2	112.3	158.3	-17.8
Earnings From Continuing Operations	450.5	357.3	619.9	592.1	631.2	548.9
Earnings From Discontinued Operations	-	-10	27.3	55.4	15.5	-
Net Income to Company	450.5	347.3	647.2	647.5	646.7	548.9
Minority Interest in Earnings	-2.6	-1.4	-2.8	1.1	-0.1	-0.9
Net Income	447.9	345.9	644.4	648.6	646.6	548
Net Income to Common	447.9	345.9	644.4	648.6	646.6	548
Net Income Growth	-32.42%	-46.32%	-0.65%	0.31%	17.99%	-
Shares Outstanding (Basic)	83	83	83	82	83	83
Shares Outstanding (Diluted)	83	83	83	83	83	83
Shares Change (YoY)	-0.07%	0.02%	0.33%	-0.31%	-0.11%	-0.07%
EPS (Basic)	5.42	4.18	7.79	7.87	7.82	6.61
EPS (Diluted)	5.37	4.15	7.73	7.81	7.76	6.57
EPS Growth	-32.34%	-46.29%	-1.01%	0.65%	18.05%	-
Free Cash Flow	807.3	742.5	749.7	874.8	805.6	691.4
Free Cash Flow Per Share	9.68	8.90	8.99	10.53	9.66	8.29
Dividend Per Share	1.400	1.400	1.200	1.200	1.200	1.000
Dividend Growth	16.67%	16.67%	-	-	20.00%	-
Gross Margin	83.32%	82.69%	82.72%	83.28%	84.04%	81.74%
Operating Margin	27.28%	23.49%	23.35%	29.90%	32.24%	28.26%
Profit Margin	11.91%	9.68%	19.49%	20.55%	23.52%	20.40%
Free Cash Flow Margin	21.47%	20.77%	22.67%	27.71%	29.31%	25.74%
EBITDA	1,333	1,192	1,054	1,131	1,059	929.6
EBITDA Margin	35.46%	33.33%	31.88%	35.83%	38.54%	34.61%
D&A For EBITDA	307.6	351.8	282	187.2	173	170.6
EBIT	1,026	839.7	772	943.7	886.2	759
EBIT Margin	27.28%	23.49%	23.35%	29.90%	32.24%	28.26%
Effective Tax Rate	20.64%	17.33%	18.01%	15.94%	20.05%	-
Revenue as Reported	3,760	3,575	3,306	3,156	2,749	2,686

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