Olvi Oyj (HEL: OLVAS)

Olvi Oyj Income Statement

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	630.82	630.61	583.7	462.23	414.88	408.71
Revenue Growth (YoY)	-0.80%	8.04%	26.28%	11.41%	1.51%	6.34%
Cost of Revenue	385.99	394.98	363.82	269.34	236.85	200.11
Gross Profit	244.82	235.63	219.89	192.88	178.04	208.6
Selling, General & Admin	174.83	168.08	163.41	134.58	125.08	55.62
Other Operating Expenses	-1.09	12.07	-1.22	-1.4	-3.51	76.11
Operating Expenses	173.73	180.15	162.2	133.19	121.57	155.43
Operating Income	71.09	55.48	57.69	59.69	56.46	53.17
Interest Expense	-0.47	-0.58	-0.6	-0.5	-0.27	-0.36
Interest & Investment Income	0.83	0.59	0.99	0.27	0.27	0.47
Earnings From Equity Investments	0.05	0.05	0.05	0.04	0	0.01
Currency Exchange Gain (Loss)	-0.39	-0.39	-4.35	-0.05	-2.06	1
Other Non Operating Income (Expenses)	-0.31	-0.31	-0.07	-0.09	-0.56	-0.11
EBT Excluding Unusual Items	70.79	54.83	53.7	59.37	53.84	54.18
Impairment of Goodwill	-	-	-3.72	-	-	-
Gain (Loss) on Sale of Assets	-0.56	-0.56	-0.23	-0.26	-0.03	-0.17
Asset Writedown	-	-	-31.38	-	-	-0.49
Pretax Income	70.23	54.27	18.37	59.11	53.81	53.52
Income Tax Expense	15.46	15.8	10.85	10.75	12.9	11.29
Earnings From Continuing Operations	54.77	38.47	7.53	48.36	40.92	42.23
Minority Interest in Earnings	-0.71	-0.22	0.45	-0.5	-0.36	-0.47
Net Income	54.05	38.25	7.98	47.86	40.56	41.76
Net Income to Common	54.05	38.25	7.98	47.86	40.56	41.76
Net Income Growth	-	379.52%	-83.33%	18.01%	-2.88%	2.33%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
Shares Change (YoY)	0.07%	-	0.07%	-0.01%	0.00%	-0.02%
EPS (Basic)	2.61	1.85	0.38	2.31	1.96	2.02
EPS (Diluted)	2.61	1.85	0.38	2.31	1.96	2.02
EPS Growth	-	379.52%	-83.34%	17.94%	-2.88%	2.37%
Free Cash Flow	30.12	4.27	31.05	60.78	35.6	37.57
Free Cash Flow Per Share	1.45	0.21	1.50	2.94	1.72	1.81
Dividend Per Share	1.200	1.200	1.200	1.200	1.100	1.000
Dividend Growth	0%	0%	0%	9.09%	10.00%	11.11%
Gross Margin	38.81%	37.37%	37.67%	41.73%	42.91%	51.04%
Operating Margin	11.27%	8.80%	9.88%	12.91%	13.61%	13.01%
Profit Margin	8.57%	6.07%	1.37%	10.35%	9.78%	10.22%
Free Cash Flow Margin	4.77%	0.68%	5.32%	13.15%	8.58%	9.19%
EBITDA	95.38	79.01	116.78	85.33	80.03	75.61
EBITDA Margin	15.12%	12.53%	20.01%	18.46%	19.29%	18.50%
D&A For EBITDA	24.29	23.53	59.09	25.64	23.57	22.44
EBIT	71.09	55.48	57.69	59.69	56.46	53.17
EBIT Margin	11.27%	8.80%	9.88%	12.91%	13.61%	13.01%
Effective Tax Rate	22.02%	29.11%	59.04%	18.19%	23.96%	21.10%
Revenue as Reported	630.82	630.61	583.7	462.23	414.88	-

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