Rapala VMC Corporation (HEL: RAP1V)

Rapala VMC 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
Operating Revenue	224.2	221.6	274.6	294.4	261.5	275.5
Other Revenue	-	-	-	-	0.2	0.2
Revenue	224.2	221.6	274.6	294.4	261.7	275.7
Revenue Growth (YoY)	-8.15%	-19.30%	-6.73%	12.50%	-5.08%	4.95%
Cost of Revenue	100.2	96	125.4	134.1	125.6	137
Gross Profit	124	125.6	149.2	160.3	136.1	138.7
Selling, General & Admin	61.9	61.7	70.6	72	67.5	70.3
Other Operating Expenses	46.1	47	50	45.9	39.8	40.8
Operating Expenses	119.7	120.3	131	128	120.1	123.7
Operating Income	4.3	5.3	18.2	32.3	16	15
Interest Expense	-9.6	-9.4	-3	-2.2	-1.9	-2.9
Interest & Investment Income	-	-	0.8	0.5	0.6	0.8
Earnings From Equity Investments	-	-1.3	-2.3	0.2	-0.8	-0.2
Currency Exchange Gain (Loss)	-	-0.8	-0.5	-2.6	-1.4	-0.5
Other Non Operating Income (Expenses)	0.2	-	-1.2	-0.7	-1	-0.7
EBT Excluding Unusual Items	-5.1	-6.2	12	27.5	11.5	11.5
Merger & Restructuring Charges	-	-	-2.3	-0.5	-2.8	-2.3
Gain (Loss) on Sale of Assets	6.3	-	-	0.6	0.1	0.5
Asset Writedown	-	-	-0.9	0.2	-2.7	-
Other Unusual Items	-	-	-	-	0.6	-
Pretax Income	1.2	-6.2	8.8	27.9	6.7	9.8
Income Tax Expense	2.3	0.7	5.1	8.2	3.2	5.8
Earnings From Continuing Operations	-1.1	-6.9	3.7	19.7	3.5	4
Minority Interest in Earnings	-	-	-	-1.5	-1	0.4
Net Income	-1.1	-6.9	3.7	18.2	2.5	4.4
Preferred Dividends & Other Adjustments	2.2	0.3	-	0.9	0.8	0.6
Net Income to Common	-3.3	-7.2	3.7	17.3	1.7	3.8
Net Income Growth	-	-	-79.67%	628.00%	-43.18%	-27.87%
Shares Outstanding (Basic)	39	39	39	39	39	38
Shares Outstanding (Diluted)	39	39	39	39	39	38
Shares Change (YoY)	0.00%	-0.32%	-	1.17%	0.42%	0.17%
EPS (Basic)	-0.08	-0.19	0.10	0.45	0.04	0.10
EPS (Diluted)	-0.09	-0.19	0.10	0.44	0.04	0.10
EPS Growth	-	-	-78.38%	1000.00%	-59.59%	-23.85%
Free Cash Flow	12.8	11.1	-23.3	17	37.9	20.8
Free Cash Flow Per Share	0.33	0.29	-0.60	0.44	0.98	0.54
Dividend Per Share	-	-	0.040	0.150	-	-
Dividend Growth	-	-	-73.33%	-	-	-
Gross Margin	55.31%	56.68%	54.33%	54.45%	52.01%	50.31%
Operating Margin	1.92%	2.39%	6.63%	10.97%	6.11%	5.44%
Profit Margin	-1.47%	-3.25%	1.35%	5.88%	0.65%	1.38%
Free Cash Flow Margin	5.71%	5.01%	-8.49%	5.77%	14.48%	7.54%
EBITDA	13.6	16.9	23.3	37.4	23.1	21.4
EBITDA Margin	6.07%	7.63%	8.48%	12.70%	8.83%	7.76%
D&A For EBITDA	9.3	11.6	5.1	5.1	7.1	6.4
EBIT	4.3	5.3	18.2	32.3	16	15
EBIT Margin	1.92%	2.39%	6.63%	10.97%	6.11%	5.44%
Effective Tax Rate	191.67%	-	57.95%	29.39%	47.76%	59.18%

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