PAO Sovcomflot (MOEX: FLOT)

PAO Sovcomflot Income Statement

Financials in millions USD. 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
Revenue	2,121	2,316	1,889	1,540	1,652	1,665
Revenue Growth (YoY)	12.25%	22.62%	22.65%	-6.78%	-0.76%	9.56%
Cost of Revenue	731.81	642.92	750.6	783.47	668.76	756.04
Gross Profit	1,389	1,674	1,139	756.91	983.73	909.17
Selling, General & Admin	77.28	72.89	81	91.16	89.52	106.87
Other Operating Expenses	-10.09	-9.79	-11.1	-17.31	-8.29	-24.92
Operating Expenses	519.85	511.53	560.8	465.85	485.73	470.4
Operating Income	868.95	1,162	577.8	291.06	498	438.77
Interest Expense	-82.55	-92.54	-141.5	-161.54	-189.29	-204.69
Interest & Investment Income	83.05	58.64	-	9.72	10.31	10.18
Earnings From Equity Investments	-0.17	-0.16	-	-2.57	16.83	15.72
Currency Exchange Gain (Loss)	-40.54	-88.8	-	5.19	-12.69	8.14
Other Non Operating Income (Expenses)	8.69	4.19	16	-8.16	-5.25	-3.5
EBT Excluding Unusual Items	837.43	1,043	452.3	133.7	317.91	264.63
Gain (Loss) on Sale of Assets	0.05	2.38	-	1.85	-2.34	6.28
Asset Writedown	-	-	-	-62.01	-20.94	-24.42
Other Unusual Items	-	-	-	-3.5	0.82	7.9
Pretax Income	837.48	1,046	452.3	70.03	295.45	254.38
Income Tax Expense	66.36	102.4	67.1	34.23	28.59	29.01
Earnings From Continuing Operations	771.12	943.32	385.2	35.8	266.87	225.38
Minority Interest in Earnings	-19.06	-28.39	-	8	0.47	-3.75
Net Income	752.07	914.93	385.2	43.8	267.34	221.63
Net Income to Common	752.07	914.93	385.2	43.8	267.34	221.63
Net Income Growth	95.24%	137.52%	779.45%	-83.62%	20.62%	-
Shares Outstanding (Basic)	2,335	2,333	-	2,338	2,054	1,967
Shares Outstanding (Diluted)	2,335	2,333	-	2,338	2,054	1,967
Shares Change (YoY)	-	-	-	13.83%	4.42%	-
EPS (Basic)	0.32	0.39	-	0.02	0.13	0.11
EPS (Diluted)	0.32	0.39	-	0.02	0.13	0.11
EPS Growth	-	-	-	-85.61%	15.51%	-
Free Cash Flow	1,368	1,565	-	239.8	481.5	364.58
Free Cash Flow Per Share	0.59	0.67	-	0.10	0.23	0.19
Dividend Per Share	0.196	0.196	0.059	-	0.090	0.059
Dividend Growth	232.43%	232.43%	-	-	53.42%	459.26%
Gross Margin	65.49%	72.25%	60.27%	49.14%	59.53%	54.60%
Operating Margin	40.98%	50.16%	30.58%	18.90%	30.14%	26.35%
Profit Margin	35.46%	39.50%	20.39%	2.84%	16.18%	13.31%
Free Cash Flow Margin	64.52%	67.57%	-	15.57%	29.14%	21.89%
EBITDA	1,298	1,574	916.58	629.84	849.1	768.34
EBITDA Margin	61.22%	67.96%	48.52%	40.89%	51.38%	46.14%
D&A For EBITDA	429.32	412.31	338.78	338.78	351.1	329.57
EBIT	868.95	1,162	577.8	291.06	498	438.77
EBIT Margin	40.98%	50.16%	30.58%	18.90%	30.14%	26.35%
Effective Tax Rate	7.92%	9.79%	14.84%	48.88%	9.68%	11.40%

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