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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,031	2,316	1,889	1,540	1,652	1,665
Revenue Growth (YoY)	-9.82%	22.62%	22.65%	-6.78%	-0.76%	9.56%
Cost of Revenue	756.34	642.92	750.6	783.47	668.76	756.04
Gross Profit	1,275	1,674	1,139	756.91	983.73	909.17
Selling, General & Admin	78.58	72.89	81	91.16	89.52	106.87
Other Operating Expenses	-11.26	-9.79	-11.1	-17.31	-8.29	-24.92
Operating Expenses	526.84	511.53	560.8	465.85	485.73	470.4
Operating Income	747.9	1,162	577.8	291.06	498	438.77
Interest Expense	-79.92	-92.54	-141.5	-161.54	-189.29	-204.69
Interest & Investment Income	100.86	58.64	-	9.72	10.31	10.18
Earnings From Equity Investments	-0.18	-0.16	-	-2.57	16.83	15.72
Currency Exchange Gain (Loss)	45.07	-88.8	-	5.19	-12.69	8.14
Other Non Operating Income (Expenses)	8.79	4.19	16	-8.16	-5.25	-3.5
EBT Excluding Unusual Items	822.53	1,043	452.3	133.7	317.91	264.63
Gain (Loss) on Sale of Assets	0.06	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	822.59	1,046	452.3	70.03	295.45	254.38
Income Tax Expense	76.54	102.4	67.1	34.23	28.59	29.01
Earnings From Continuing Operations	746.05	943.32	385.2	35.8	266.87	225.38
Minority Interest in Earnings	-16.34	-28.39	-	8	0.47	-3.75
Net Income	729.72	914.93	385.2	43.8	267.34	221.63
Net Income to Common	729.72	914.93	385.2	43.8	267.34	221.63
Net Income Growth	-2.31%	137.52%	779.45%	-83.62%	20.62%	-
Shares Outstanding (Basic)	2,337	2,333	-	2,338	2,054	1,967
Shares Outstanding (Diluted)	2,337	2,333	-	2,338	2,054	1,967
Shares Change (YoY)	0.65%	-	-	13.83%	4.42%	-
EPS (Basic)	0.31	0.39	-	0.02	0.13	0.11
EPS (Diluted)	0.31	0.39	-	0.02	0.13	0.11
EPS Growth	-2.93%	-	-	-85.61%	15.51%	-
Free Cash Flow	1,310	1,565	-	239.8	481.5	364.58
Free Cash Flow Per Share	0.56	0.67	-	0.10	0.23	0.19
Dividend Per Share	0.131	0.196	0.059	-	0.090	0.059
Dividend Growth	6.06%	232.43%	-	-	53.42%	459.26%
Gross Margin	62.76%	72.25%	60.27%	49.14%	59.53%	54.60%
Operating Margin	36.82%	50.16%	30.58%	18.90%	30.14%	26.35%
Profit Margin	35.93%	39.50%	20.39%	2.84%	16.18%	13.31%
Free Cash Flow Margin	64.48%	67.57%	-	15.57%	29.14%	21.89%
EBITDA	1,184	1,574	916.58	629.84	849.1	768.34
EBITDA Margin	58.29%	67.96%	48.52%	40.89%	51.38%	46.14%
D&A For EBITDA	435.98	412.31	338.78	338.78	351.1	329.57
EBIT	747.9	1,162	577.8	291.06	498	438.77
EBIT Margin	36.82%	50.16%	30.58%	18.90%	30.14%	26.35%
Effective Tax Rate	9.30%	9.79%	14.84%	48.88%	9.68%	11.40%

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