Festi hf. (ICE: FESTI)

Festi Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	136,251	121,398	98,736	86,260	85,184
Revenue Growth (YoY)	12.23%	22.95%	14.46%	1.26%	44.55%
Cost of Revenue	105,584	94,404	74,090	67,106	66,557
Gross Profit	30,667	26,994	24,646	19,154	18,626
Selling, General & Admin	3,059	2,936	2,534	2,275	1,315
Other Operating Expenses	695.56	18,268	16,479	13,423	13,106
Operating Expenses	24,485	21,205	19,013	15,698	14,421
Operating Income	7,053	6,707	7,660	4,840	5,198
Interest Income	240.26	175.8	85.92	95.51	173.22
Interest Expense	3,544	2,408	1,957	2,044	2,353
Other Expense / Income	-387.59	-460.1	-371.59	113.98	-352.38
Pretax Income	4,136	4,936	6,161	2,778	3,371
Income Tax	697.85	853.87	1,189	511.45	575.28
Net Income	3,438	4,082	4,972	2,266	2,796
Net Income Growth	-15.77%	-17.91%	119.39%	-18.93%	35.79%
Shares Outstanding (Basic)	304	309	321	326	329
Shares Outstanding (Diluted)	304	309	321	326	329
Shares Change	-1.72%	-3.71%	-1.47%	-1.02%	19.11%
EPS (Basic)	11.31	13.19	15.48	6.95	8.49
EPS (Diluted)	11.31	13.19	15.48	6.95	8.49
EPS Growth	-14.25%	-14.79%	122.73%	-18.14%	14.11%
Free Cash Flow	5,428	-581.53	5,924	603.32	3,353
Free Cash Flow Per Share	17.85	-1.88	18.44	1.85	10.18
Gross Margin	22.51%	22.24%	24.96%	22.20%	21.87%
Operating Margin	5.18%	5.53%	7.76%	5.61%	6.10%
Profit Margin	2.52%	3.36%	5.04%	2.63%	3.28%
Free Cash Flow Margin	3.98%	-0.48%	6.00%	0.70%	3.94%
Effective Tax Rate	16.87%	17.30%	19.30%	18.41%	17.07%
EBITDA	11,744	10,812	10,757	7,708	8,552
EBITDA Margin	8.62%	8.91%	10.90%	8.94%	10.04%
Depreciation & Amortization	4,102	3,528	3,193	2,868	2,698
EBIT	7,643	7,284	7,564	4,840	5,855
EBIT Margin	5.61%	6.00%	7.66%	5.61%	6.87%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.