Magnit (MOEX: MGNT)

Magnit Income Statement

Financials in millions RUB. 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	2,775,291	2,544,689	2,351,996	1,856,079	1,553,777	1,368,705
Revenue Growth (YoY)	13.50%	8.19%	26.72%	19.46%	13.52%	10.65%
Cost of Revenue	2,159,824	1,976,230	1,824,543	1,429,458	1,194,753	1,062,454
Gross Profit	615,467	568,459	527,454	426,621	359,024	306,252
Selling, General & Admin	508,305	453,873	414,914	338,987	284,400	233,530
Other Operating Expenses	-33,014	-29,702	-25,250	-21,258	-11,834	29,400
Operating Expenses	475,291	424,172	389,664	317,729	272,566	262,930
Operating Income	140,175	144,287	137,790	108,892	86,458	43,322
Interest Expense	-90,251	-85,232	-68,156	-49,125	-44,772	-47,782
Interest & Investment Income	22,183	24,202	13,338	2,547	504.48	272.6
Currency Exchange Gain (Loss)	-2,857	8,249	-333.28	280.75	-1,453	872.83
Other Non Operating Income (Expenses)	-87.23	-	-	-	-	15,879
EBT Excluding Unusual Items	69,162	91,506	82,638	62,595	40,737	12,565
Impairment of Goodwill	-	-	-25,512	-	-	-
Gain (Loss) on Sale of Assets	-406.98	-299.38	-5,056	-498.11	1,165	-
Asset Writedown	-5,800	-9,179	-11,000	-2,371	-2,369	-1,970
Other Unusual Items	836.65	708	1,795	2,890	3,169	1,985
Pretax Income	63,792	82,736	42,865	62,615	42,703	12,579
Income Tax Expense	21,676	24,058	14,932	14,497	9,709	3,015
Net Income	41,410	58,678	27,933	48,118	32,993	9,564
Net Income to Common	41,410	58,678	27,933	48,118	32,993	9,564
Net Income Growth	27.00%	110.07%	-41.95%	45.84%	244.97%	-60.43%
Shares Outstanding (Basic)	73	88	98	98	98	98
Shares Outstanding (Diluted)	74	89	99	98	98	98
Shares Change (YoY)	-25.43%	-10.01%	0.23%	0.25%	0.27%	-3.20%
EPS (Basic)	564.47	663.15	284.96	491.81	337.95	97.98
EPS (Diluted)	562.79	661.03	283.16	488.91	336.07	97.68
EPS Growth	70.32%	133.45%	-42.08%	45.48%	244.05%	-59.12%
Free Cash Flow	81,358	82,883	192,240	116,688	121,475	33,703
Free Cash Flow Per Share	1105.70	933.71	1948.82	1185.61	1237.34	344.21
Dividend Per Share	412.130	412.130	-	294.370	490.620	304.190
Dividend Growth	-	-	-	-40.00%	61.29%	0.01%
Gross Margin	22.18%	22.34%	22.43%	22.98%	23.11%	22.38%
Operating Margin	5.05%	5.67%	5.86%	5.87%	5.56%	3.17%
Profit Margin	1.49%	2.31%	1.19%	2.59%	2.12%	0.70%
Free Cash Flow Margin	2.93%	3.26%	8.17%	6.29%	7.82%	2.46%
EBITDA	198,733	200,320	192,987	156,649	128,728	87,380
EBITDA Margin	7.16%	7.87%	8.21%	8.44%	8.28%	6.38%
D&A For EBITDA	58,558	56,033	55,197	47,758	42,270	44,058
EBIT	140,175	144,287	137,790	108,892	86,458	43,322
EBIT Margin	5.05%	5.67%	5.86%	5.87%	5.56%	3.17%
Effective Tax Rate	33.98%	29.08%	34.84%	23.15%	22.74%	23.97%
Advertising Expenses	-	14,600	11,819	11,475	7,628	7,715

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