SALUS, Ljubljana, d. d. (LJSE:SALR)

SALUS, Ljubljana, d. d. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	673.54	648.83	599.44	495.67	458.28	400.67
Revenue Growth (YoY)	4.87%	8.24%	20.93%	8.16%	14.38%	15.13%
Cost of Revenue	593.95	575.31	539.27	441.85	404.77	355.35
Gross Profit	79.59	73.52	60.17	53.82	53.51	45.32
Selling, General & Admin	60.44	55.94	46.74	39.6	38.14	33.34
Other Operating Expenses	1.19	0.82	0.17	-1.23	0.08	0.48
Operating Expenses	61.63	56.76	46.91	38.37	38.22	33.82
Operating Income	17.96	16.76	13.26	15.44	15.29	11.5
Interest Expense	-0.94	-0.95	-0.75	-0.21	-0.21	-0.23
Interest & Investment Income	0.97	0.97	0.61	0.69	0.64	0.56
Other Non Operating Income (Expenses)	0.75	-0.22	-0.1	-0.09	0.5	0.24
EBT Excluding Unusual Items	18.75	16.56	13.02	15.83	16.22	12.06
Gain (Loss) on Sale of Investments	0.16	0.16	0.13	0.06	0.16	-0.22
Gain (Loss) on Sale of Assets	0.08	-0.02	0.08	1.04	0.29	0.02
Asset Writedown	-0.05	-0.03	-0.14	-0.52	-0.3	-
Other Unusual Items	-	-	-	-	-	0.74
Pretax Income	18.94	16.67	13.09	16.41	16.37	12.6
Income Tax Expense	4.18	3.65	2.69	3.32	3.37	2.47
Earnings From Continuing Operations	14.75	13.02	10.4	13.1	13.01	10.13
Minority Interest in Earnings	-0.28	-0.16	-0.13	-	-	-
Net Income	14.48	12.85	10.27	13.1	13.01	10.13
Net Income to Common	14.48	12.85	10.27	13.1	13.01	10.13
Net Income Growth	11.13%	25.14%	-21.56%	0.69%	28.38%	71.63%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	0.54%	0.39%	0.56%	-	-	-
EPS (Basic)	1.76	1.56	1.25	1.61	1.60	1.24
EPS (Diluted)	1.76	1.56	1.25	1.61	1.60	1.24
EPS Growth	10.54%	24.65%	-22.00%	0.69%	28.38%	71.63%
Free Cash Flow	5.33	8.53	15.98	9.38	18.85	2.04
Free Cash Flow Per Share	0.65	1.04	1.95	1.15	2.31	0.25
Dividend Per Share	1.113	1.026	0.897	0.897	0.833	0.705
Dividend Growth	15.74%	14.29%	-	7.69%	18.18%	22.22%
Gross Margin	11.82%	11.33%	10.04%	10.86%	11.68%	11.31%
Operating Margin	2.67%	2.58%	2.21%	3.12%	3.34%	2.87%
Profit Margin	2.15%	1.98%	1.71%	2.64%	2.84%	2.53%
Free Cash Flow Margin	0.79%	1.31%	2.67%	1.89%	4.11%	0.51%
EBITDA	23.2	22.17	16.71	18.32	18.04	13.97
EBITDA Margin	3.44%	3.42%	2.79%	3.70%	3.94%	3.49%
D&A For EBITDA	5.23	5.41	3.45	2.88	2.75	2.47
EBIT	17.96	16.76	13.26	15.44	15.29	11.5
EBIT Margin	2.67%	2.58%	2.21%	3.12%	3.34%	2.87%
Effective Tax Rate	22.09%	21.90%	20.56%	20.21%	20.57%	19.58%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.