Lubawa S.A. (FRA:WQ2)

Lubawa 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	566.32	510.23	377.61	332.01	265.43	237.68
Revenue Growth (YoY)	5.90%	35.12%	13.74%	25.08%	11.68%	-7.92%
Cost of Revenue	354.98	305.31	260.33	238.83	186.78	158.44
Gross Profit	211.34	204.91	117.28	93.18	78.65	79.24
Selling, General & Admin	93.5	83.93	61.36	60.14	49.42	40.61
Other Operating Expenses	4.22	4.44	-0.15	4.84	-0.8	-0.76
Operating Expenses	97.73	88.37	61.21	64.98	48.62	39.88
Operating Income	113.62	116.54	56.07	28.19	30.03	39.36
Interest Expense	-0.94	-0.9	-2.23	-2.8	-0.91	-1.61
Interest & Investment Income	3.79	3.79	0.31	0.06	0.1	0.62
Earnings From Equity Investments	0.01	0	-0.03	-0.04	-0.01	0.02
Currency Exchange Gain (Loss)	0.16	0.16	0.8	0.5	0.27	0.6
Other Non Operating Income (Expenses)	4.64	1.79	-0.88	-1.01	-0.71	-1.41
EBT Excluding Unusual Items	121.27	121.38	54.04	24.89	28.77	37.57
Gain (Loss) on Sale of Investments	-	-	-	-	-0.16	-
Gain (Loss) on Sale of Assets	-0.29	-0.29	-0.34	-	0.51	-0.21
Asset Writedown	-	-	-	-	0.31	1.03
Other Unusual Items	-	-	-	-	-	0.1
Pretax Income	120.98	121.09	53.7	24.89	29.43	38.49
Income Tax Expense	22.36	20.57	8.35	4.51	5.35	7.37
Earnings From Continuing Operations	98.62	100.52	45.35	20.39	24.08	31.12
Minority Interest in Earnings	0.22	0.28	0.26	0.22	0.16	0.19
Net Income	98.85	100.8	45.61	20.61	24.24	31.31
Net Income to Common	98.85	100.8	45.61	20.61	24.24	31.31
Net Income Growth	-12.02%	121.01%	121.30%	-14.97%	-22.58%	51.94%
Shares Outstanding (Basic)	152	150	150	150	150	150
Shares Outstanding (Diluted)	152	150	150	150	150	150
EPS (Basic)	0.65	0.67	0.30	0.14	0.16	0.21
EPS (Diluted)	0.65	0.67	0.30	0.14	0.16	0.21
EPS Growth	-13.38%	123.33%	118.74%	-14.28%	-23.20%	48.82%
Free Cash Flow	101.02	150.91	102.56	-5.14	16.8	11.23
Free Cash Flow Per Share	0.67	1.00	0.68	-0.03	0.11	0.07
Gross Margin	37.32%	40.16%	31.06%	28.07%	29.63%	33.34%
Operating Margin	20.06%	22.84%	14.85%	8.49%	11.31%	16.56%
Profit Margin	17.45%	19.75%	12.08%	6.21%	9.13%	13.17%
Free Cash Flow Margin	17.84%	29.58%	27.16%	-1.55%	6.33%	4.72%
EBITDA	127.23	127.56	66.56	39.4	41.18	49.83
EBITDA Margin	22.46%	25.00%	17.63%	11.87%	15.51%	20.96%
D&A For EBITDA	13.61	11.02	10.5	11.2	11.15	10.46
EBIT	113.62	116.54	56.07	28.19	30.03	39.36
EBIT Margin	20.06%	22.84%	14.85%	8.49%	11.31%	16.56%
Effective Tax Rate	18.48%	16.98%	15.54%	18.11%	18.18%	19.14%

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