Nicolás Correa, S.A. (LON: 0FDN)

Nicolás Correa 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	120.39	109.86	98.15	76.55	66.52	73.96
Other Revenue	0.05	0.11	0.9	0.09	-	0.33
Revenue	120.44	109.97	99.06	76.63	66.52	74.29
Revenue Growth (YoY)	15.69%	11.02%	29.26%	15.20%	-10.45%	3.37%
Cost of Revenue	55.85	50.1	46.45	34.73	29.71	34.05
Gross Profit	64.59	59.87	52.61	41.91	36.81	40.24
Selling, General & Admin	28.9	27.82	24.05	20.16	18.54	17.67
Other Operating Expenses	18.92	18	17.4	12.61	10.16	12.9
Operating Expenses	50.04	47.75	43.57	34.66	30.33	32.07
Operating Income	14.55	12.12	9.03	7.25	6.48	8.17
Interest Expense	-0.36	-0.38	-0.3	-0.36	-0.32	-0.27
Interest & Investment Income	0.36	0.24	0	0	0.06	0.08
Earnings From Equity Investments	1.06	0.79	0.59	0.38	0.07	0.05
Currency Exchange Gain (Loss)	-0.01	0.01	-0.14	-0.06	0.06	-0.06
Other Non Operating Income (Expenses)	0.02	0.02	-0.01	-0.17	0.12	-0
EBT Excluding Unusual Items	15.61	12.79	9.18	7.04	6.47	7.98
Asset Writedown	-0	-0	-0.03	0.01	-0.01	-
Other Unusual Items	-	-	1.17	-	-	-
Pretax Income	15.61	12.79	10.31	7.04	6.47	7.98
Income Tax Expense	2.28	2.01	1.14	1.36	0.59	-0.23
Earnings From Continuing Operations	13.33	10.79	9.17	5.68	5.88	8.21
Minority Interest in Earnings	-0.2	-0.25	-0.13	-0.11	-0.12	-0.16
Net Income	13.13	10.54	9.04	5.57	5.76	8.05
Net Income to Common	13.13	10.54	9.04	5.57	5.76	8.05
Net Income Growth	24.82%	16.61%	62.17%	-3.30%	-28.41%	2.81%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	0.43%	0.44%	-0.07%	-0.56%	-0.82%	0.07%
EPS (Basic)	1.08	0.87	0.75	0.46	0.47	0.66
EPS (Diluted)	1.08	0.87	0.75	0.46	0.47	0.66
EPS Growth	24.28%	16.10%	62.29%	-2.76%	-27.79%	2.69%
Free Cash Flow	7.33	4.29	5.22	13.64	-0.22	5.93
Free Cash Flow Per Share	0.60	0.35	0.43	1.13	-0.02	0.48
Dividend Per Share	0.270	0.270	0.230	0.200	0.170	0.170
Dividend Growth	17.39%	17.39%	15.00%	17.65%	0%	13.33%
Gross Margin	53.63%	54.44%	53.11%	54.68%	55.34%	54.17%
Operating Margin	12.08%	11.02%	9.12%	9.46%	9.75%	11.00%
Profit Margin	10.90%	9.58%	9.12%	7.27%	8.66%	10.84%
Free Cash Flow Margin	6.08%	3.90%	5.27%	17.79%	-0.33%	7.99%
EBITDA	16.4	13.91	10.77	8.85	7.96	9.52
EBITDA Margin	13.61%	12.65%	10.87%	11.54%	11.96%	12.81%
D&A For EBITDA	1.84	1.79	1.74	1.6	1.47	1.35
EBIT	14.55	12.12	9.03	7.25	6.48	8.17
EBIT Margin	12.08%	11.02%	9.12%	9.46%	9.75%	11.00%
Effective Tax Rate	14.61%	15.68%	11.08%	19.36%	9.04%	-
Advertising Expenses	-	2.01	2.14	1.31	0.72	1.94

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