Sanoma Oyj (HEL: SANOMA)

Sanoma Oyj Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,357	1,393	1,298	1,252	1,062	912.6
Other Revenue	-	-	-	1.8	13.9	12.7
Revenue	1,357	1,393	1,298	1,253	1,076	925.3
Revenue Growth (YoY)	-3.00%	7.29%	3.58%	16.53%	16.24%	2.32%
Cost of Revenue	443.5	487	458	417.2	356.5	282.5
Gross Profit	913.4	905.9	840.3	836.2	719.1	642.8
Selling, General & Admin	460.1	467.8	400.6	393.1	340	287.5
Other Operating Expenses	163.6	157	114	99.2	88.9	103.2
Operating Expenses	841.4	843	718.7	691.8	602.6	540.5
Operating Income	72	62.9	121.6	144.4	116.5	102.3
Interest Expense	-31.8	-31.4	-14.9	-11.7	-9.9	-16.5
Interest & Investment Income	-	2.3	1	0.2	1.6	0.4
Earnings From Equity Investments	1.2	0.1	0.1	0.9	0.1	0.4
Currency Exchange Gain (Loss)	1.9	1.9	-0.5	-0.5	-0.1	-2.3
Other Non Operating Income (Expenses)	-3.6	-3.5	2	2.6	-0.1	-3.1
EBT Excluding Unusual Items	39.7	32.3	109.3	135.9	108.1	81.2
Merger & Restructuring Charges	-	-	-	-	-17	-
Gain (Loss) on Sale of Investments	-	-	-	0.4	-	-0.1
Gain (Loss) on Sale of Assets	6	6	2.2	4.5	165.5	1.6
Asset Writedown	-37.3	-17.7	-12.4	-7.1	-2.6	-
Pretax Income	44.4	20.6	99.1	133.7	261.2	82.7
Income Tax Expense	8.1	16.5	22.2	32.4	23.2	17.9
Earnings From Continuing Operations	36.3	4.1	76.9	101.3	238	64.8
Earnings From Discontinued Operations	-	-	-	-0.2	9.2	-51.6
Net Income to Company	36.3	4.1	76.9	101.1	247.2	13.2
Minority Interest in Earnings	-0.2	-0.8	-0.7	-0.9	-0.5	-1.7
Net Income	36.1	3.3	76.2	100.2	246.7	11.5
Preferred Dividends & Other Adjustments	11.5	9.5	-	-	-	-
Net Income to Common	24.6	-6.2	76.2	100.2	246.7	11.5
Net Income Growth	35.71%	-95.67%	-23.95%	-59.38%	2045.22%	-90.74%
Shares Outstanding (Basic)	163	163	163	163	163	163
Shares Outstanding (Diluted)	164	163	163	164	163	164
Shares Change (YoY)	0.02%	-0.00%	-0.04%	0.04%	-0.02%	-0.24%
EPS (Basic)	0.15	-0.04	0.47	0.61	1.51	0.07
EPS (Diluted)	0.15	-0.04	0.47	0.61	1.51	0.07
EPS Growth	15.00%	-	-23.27%	-59.58%	2034.13%	-90.63%
Free Cash Flow	147.1	105.1	111.7	139.7	94.9	131.3
Free Cash Flow Per Share	0.90	0.64	0.68	0.85	0.58	0.80
Dividend Per Share	0.370	0.370	0.370	0.540	0.520	0.500
Dividend Growth	0%	0%	-31.48%	3.85%	4.00%	11.11%
Gross Margin	67.32%	65.04%	64.72%	66.71%	66.86%	69.47%
Operating Margin	5.31%	4.52%	9.37%	11.52%	10.83%	11.06%
Profit Margin	1.81%	-0.45%	5.87%	7.99%	22.94%	1.24%
Free Cash Flow Margin	10.84%	7.55%	8.60%	11.15%	8.82%	14.19%
EBITDA	199.2	188.9	238.9	264.1	213	227.5
EBITDA Margin	14.68%	13.56%	18.40%	21.07%	19.80%	24.59%
D&A For EBITDA	127.2	126	117.3	119.7	96.5	125.2
EBIT	72	62.9	121.6	144.4	116.5	102.3
EBIT Margin	5.31%	4.52%	9.37%	11.52%	10.83%	11.06%
Effective Tax Rate	18.24%	80.10%	22.40%	24.23%	8.88%	21.64%

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