Cirrus Aircraft Limited (HKG: 2507)

Cirrus Aircraft Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,117	1,068	894.08	738.13
Revenue Growth (YoY)	51.34%	19.42%	21.13%	-
Cost of Revenue	737.58	703.02	595.95	495.86
Gross Profit	379.51	364.69	298.13	242.28
Selling, General & Admin	253.97	241.95	190.78	160.05
Other Operating Expenses	-1.62	-1.37	-4.78	-7.49
Operating Expenses	252.35	240.58	186	152.57
Operating Income	127.16	124.11	112.13	89.71
Interest Expense	-5.52	-5.53	-3.2	-3.51
Pretax Income	121.64	118.59	108.93	86.2
Income Tax Expense	23.66	27.44	20.86	13.8
Net Income	97.98	91.14	88.08	72.4
Net Income to Common	97.98	91.14	88.08	72.4
Net Income Growth	35.33%	3.48%	21.65%	-
Shares Outstanding (Basic)	311	311	311	311
Shares Outstanding (Diluted)	311	311	311	311
EPS (Basic)	0.32	0.29	0.28	0.23
EPS (Diluted)	0.32	0.29	0.28	0.23
EPS Growth	35.33%	3.48%	21.65%	-
Free Cash Flow	102.47	52.46	83.76	157.52
Free Cash Flow Per Share	0.33	0.17	0.27	0.51
Gross Margin	33.97%	34.16%	33.34%	32.82%
Operating Margin	11.38%	11.62%	12.54%	12.15%
Profit Margin	8.77%	8.54%	9.85%	9.81%
Free Cash Flow Margin	9.17%	4.91%	9.37%	21.34%
EBITDA	159.14	153.44	137.18	118.34
EBITDA Margin	14.25%	14.37%	15.34%	16.03%
D&A For EBITDA	31.98	29.33	25.05	28.63
EBIT	127.16	124.11	112.13	89.71
EBIT Margin	11.38%	11.62%	12.54%	12.15%
Effective Tax Rate	19.45%	23.14%	19.15%	16.01%
Advertising Expenses	-	13.28	10.44	9.49

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