Vaisala Oyj (HEL: VAIAS)

Vaisala 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	538.3	540.4	514.2	437.9	379.5	403.6
Revenue Growth (YoY)	0.15%	5.10%	17.42%	15.39%	-5.97%	15.71%
Cost of Revenue	237.4	238.8	232.2	196	166.6	182.4
Gross Profit	300.9	301.6	282	241.9	212.9	221.2
Selling, General & Admin	163.6	168.2	157.3	131.2	116	124.5
Research & Development	66	67.7	62.4	55.3	53.2	52.8
Other Operating Expenses	-0.7	-0.7	-0.3	0.3	-0.2	-0.6
Operating Expenses	228.9	235.2	219.4	186.8	169	176.7
Operating Income	72	66.4	62.6	55.1	43.9	44.5
Interest Expense	-1	-2.6	-1	-1	-1	-0.6
Interest & Investment Income	1.3	1.7	0.2	-	-	0.3
Earnings From Equity Investments	0.2	0.2	0.2	0.2	0.2	0.1
Currency Exchange Gain (Loss)	-3	-3	-0.7	1.6	-3.4	0.7
Other Non Operating Income (Expenses)	0.3	0.2	-1.8	-2.6	0.6	-1.5
EBT Excluding Unusual Items	69.8	62.9	59.5	53.3	40.3	43.5
Merger & Restructuring Charges	-	-	-	-0.4	-1.4	-2.2
Gain (Loss) on Sale of Investments	-	-	-	-	0.1	-
Gain (Loss) on Sale of Assets	0.2	0.2	-	-	0.1	0.3
Other Unusual Items	-	-	-	-4.5	2.2	-1.4
Pretax Income	70	63.1	59.5	48.4	41.3	40.2
Income Tax Expense	15.6	14.2	14.5	8.9	8.5	6.6
Earnings From Continuing Operations	54.4	48.9	45	39.5	32.8	33.6
Minority Interest in Earnings	-	-	-	-0.5	-	-0.1
Net Income	54.4	48.9	45	39	32.8	33.5
Net Income to Common	54.4	48.9	45	39	32.8	33.5
Net Income Growth	27.70%	8.67%	15.38%	18.90%	-2.09%	13.56%
Shares Outstanding (Basic)	36	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36	36
Shares Change (YoY)	-0.09%	0.03%	0.04%	0.36%	0.25%	-0.67%
EPS (Basic)	1.50	1.35	1.24	1.08	0.91	0.93
EPS (Diluted)	1.50	1.35	1.24	1.07	0.91	0.93
EPS Growth	28.21%	8.76%	15.89%	17.58%	-2.15%	14.81%
Free Cash Flow	59.5	70.6	16.1	61.1	10.4	14.4
Free Cash Flow Per Share	1.64	1.94	0.44	1.68	0.29	0.40
Dividend Per Share	0.750	0.750	0.720	0.680	0.610	0.610
Dividend Growth	4.17%	4.17%	5.88%	11.48%	0%	5.17%
Gross Margin	55.90%	55.81%	54.84%	55.24%	56.10%	54.81%
Operating Margin	13.38%	12.29%	12.17%	12.58%	11.57%	11.03%
Profit Margin	10.11%	9.05%	8.75%	8.91%	8.64%	8.30%
Free Cash Flow Margin	11.05%	13.06%	3.13%	13.95%	2.74%	3.57%
EBITDA	92.3	87.2	83	73.7	61	63.5
EBITDA Margin	17.15%	16.14%	16.14%	16.83%	16.07%	15.73%
D&A For EBITDA	20.3	20.8	20.4	18.6	17.1	19
EBIT	72	66.4	62.6	55.1	43.9	44.5
EBIT Margin	13.38%	12.29%	12.17%	12.58%	11.57%	11.03%
Effective Tax Rate	22.29%	22.50%	24.37%	18.39%	20.58%	16.42%

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