Vaisala Oyj (HEL: VAIAS)

Vaisala 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
Revenue	544.5	540.4	514.2	437.9	379.5	403.6
Revenue Growth (YoY)	1.85%	5.10%	17.42%	15.39%	-5.97%	15.71%
Cost of Revenue	240.9	238.8	232.2	196	166.6	182.4
Gross Profit	303.6	301.6	282	241.9	212.9	221.2
Selling, General & Admin	166.2	168.2	157.3	131.2	116	124.5
Research & Development	67.4	67.7	62.4	55.3	53.2	52.8
Other Operating Expenses	-0.9	-0.7	-0.3	0.3	-0.2	-0.6
Operating Expenses	232.7	235.2	219.4	186.8	169	176.7
Operating Income	70.9	66.4	62.6	55.1	43.9	44.5
Interest Expense	-	-2.6	-1	-1	-1	-0.6
Interest & Investment Income	1.8	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	70.2	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	70.4	63.1	59.5	48.4	41.3	40.2
Income Tax Expense	15.2	14.2	14.5	8.9	8.5	6.6
Earnings From Continuing Operations	55.2	48.9	45	39.5	32.8	33.6
Minority Interest in Earnings	-	-	-	-0.5	-	-0.1
Net Income	55.2	48.9	45	39	32.8	33.5
Net Income to Common	55.2	48.9	45	39	32.8	33.5
Net Income Growth	22.94%	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)	1.52	1.35	1.24	1.08	0.91	0.93
EPS (Diluted)	1.52	1.35	1.24	1.07	0.91	0.93
EPS Growth	22.72%	8.76%	15.89%	17.58%	-2.15%	14.81%
Free Cash Flow	67.6	70.6	16.1	61.1	10.4	14.4
Free Cash Flow Per Share	1.86	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	55.76%	55.81%	54.84%	55.24%	56.10%	54.81%
Operating Margin	13.02%	12.29%	12.17%	12.58%	11.57%	11.03%
Profit Margin	10.14%	9.05%	8.75%	8.91%	8.64%	8.30%
Free Cash Flow Margin	12.42%	13.06%	3.13%	13.95%	2.74%	3.57%
EBITDA	90.9	87.2	83	73.7	61	63.5
EBITDA Margin	16.69%	16.14%	16.14%	16.83%	16.07%	15.73%
D&A For EBITDA	20	20.8	20.4	18.6	17.1	19
EBIT	70.9	66.4	62.6	55.1	43.9	44.5
EBIT Margin	13.02%	12.29%	12.17%	12.58%	11.57%	11.03%
Effective Tax Rate	21.59%	22.50%	24.37%	18.39%	20.58%	16.42%

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