Scales Corporation Limited (NZE: SCL)

Scales Corporation Income Statement

Financials in millions NZD. 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	574.09	565.36	619.17	514.55	470.71	484.61
Revenue Growth (YoY)	-7.29%	-8.69%	20.33%	9.31%	-2.87%	20.39%
Cost of Revenue	434.78	444.66	492.55	400.66	366.8	383.13
Gross Profit	139.31	120.69	126.63	113.89	103.91	101.48
Selling, General & Admin	61.83	64.12	53	47.24	44.38	43.97
Operating Expenses	81.59	83.58	72.69	66.79	63.56	62.04
Operating Income	57.72	37.12	53.94	47.1	40.35	39.45
Interest Expense	-7.11	-6.39	-4.17	-4.69	-4.86	-6.5
Interest & Investment Income	2.58	2.06	1.05	1.2	2.59	2.84
Earnings From Equity Investments	9.29	8.13	4.62	3.16	2.22	3
Other Non Operating Income (Expenses)	-13.17	-6.26	-4.29	-1.04	-0.68	-0.4
EBT Excluding Unusual Items	49.32	34.67	51.16	45.75	39.62	38.38
Impairment of Goodwill	-	-8.53	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	9.78
Gain (Loss) on Sale of Assets	0.12	0.12	0.07	1.13	-0.06	9.83
Asset Writedown	-0.71	-4.73	-3.73	1.65	-4.31	-
Other Unusual Items	3.47	3.47	-1.85	-	-	-
Pretax Income	60.3	29.8	45.64	48.53	35.25	57.99
Income Tax Expense	11.83	5.13	7.41	11.58	8.67	9.42
Earnings From Continuing Operations	48.47	24.67	38.23	36.95	26.58	48.58
Earnings From Discontinued Operations	-	-	-	-	-	73
Net Income to Company	48.47	24.67	38.23	36.95	26.58	121.58
Minority Interest in Earnings	-18.98	-19.44	-18.82	-10.03	-5.56	-3.58
Net Income	29.49	5.24	19.41	26.93	21.03	118
Net Income to Common	29.49	5.24	19.41	26.93	21.03	118
Net Income Growth	-	-73.03%	-27.90%	28.06%	-82.18%	161.74%
Shares Outstanding (Basic)	142	142	141	141	140	140
Shares Outstanding (Diluted)	142	142	142	141	141	141
Shares Change (YoY)	0.21%	0.16%	0.33%	0.27%	0.20%	0.20%
EPS (Basic)	0.21	0.04	0.14	0.19	0.15	0.84
EPS (Diluted)	0.21	0.04	0.14	0.19	0.15	0.84
EPS Growth	-	-73.06%	-28.27%	28.19%	-82.25%	161.11%
Free Cash Flow	29.1	47.47	30.27	24.02	28.99	39.79
Free Cash Flow Per Share	0.20	0.33	0.21	0.17	0.21	0.28
Dividend Per Share	0.043	0.085	0.190	0.190	0.190	0.190
Dividend Growth	-69.09%	-55.26%	0%	0%	0%	0%
Gross Margin	24.27%	21.35%	20.45%	22.13%	22.07%	20.94%
Operating Margin	10.05%	6.57%	8.71%	9.15%	8.57%	8.14%
Profit Margin	5.14%	0.93%	3.14%	5.23%	4.47%	24.35%
Free Cash Flow Margin	5.07%	8.40%	4.89%	4.67%	6.16%	8.21%
EBITDA	68.8	47.86	64.54	57.89	50.64	49.1
EBITDA Margin	11.98%	8.47%	10.42%	11.25%	10.76%	10.13%
D&A For EBITDA	11.08	10.74	10.6	10.79	10.29	9.65
EBIT	57.72	37.12	53.94	47.1	40.35	39.45
EBIT Margin	10.05%	6.57%	8.71%	9.15%	8.57%	8.14%
Effective Tax Rate	19.62%	17.21%	16.23%	23.86%	24.59%	16.24%

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