Elopak ASA (OSL: ELO)

Elopak ASA 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
Revenue	1,151	1,132	1,024	855.27	908.77	906.53
Revenue Growth (YoY)	4.55%	10.58%	19.69%	-5.89%	0.25%	0.23%
Cost of Revenue	722.76	719.8	681.47	538.12	576.64	587.63
Gross Profit	428.17	412.25	342.22	317.14	332.14	318.9
Selling, General & Admin	196.42	189.62	176.72	166.8	168.57	177.91
Other Operating Expenses	62.92	58.51	53.15	47.02	45.92	52.69
Operating Expenses	320.29	308.28	291.4	266.7	266.4	281.63
Operating Income	107.88	103.96	50.82	50.44	65.74	37.27
Interest Expense	-25.65	-25.63	-10.58	-5.69	-11.32	-15.96
Interest & Investment Income	6.04	4.19	9.88	2.8	1.91	1.49
Earnings From Equity Investments	9.5	6.86	4.38	3.58	3.16	-1.69
Currency Exchange Gain (Loss)	0.01	-0.5	2.98	0.38	0.06	0.79
Other Non Operating Income (Expenses)	-2.82	-2.82	-2.03	-4.72	0.96	-3.74
EBT Excluding Unusual Items	94.97	86.07	55.46	46.78	60.51	18.16
Merger & Restructuring Charges	-	-	-2.45	-	-	-
Asset Writedown	-1.59	-1.19	-6.6	-1.22	-0.3	-1.27
Pretax Income	93.38	84.88	46.41	45.56	60.21	16.9
Income Tax Expense	22.04	15.51	12.19	15.29	12.38	7.03
Earnings From Continuing Operations	71.33	69.37	34.22	30.27	47.83	9.87
Earnings From Discontinued Operations	-0.13	-1.34	-23.62	3.54	-	-
Net Income to Company	71.2	68.03	10.6	33.81	47.83	9.87
Minority Interest in Earnings	-0.77	-0.97	0.26	-	-	-
Net Income	70.44	67.06	10.86	33.81	47.83	9.87
Net Income to Common	70.44	67.06	10.86	33.81	47.83	9.87
Net Income Growth	45.71%	517.73%	-67.89%	-29.31%	384.78%	-64.37%
Shares Outstanding (Basic)	269	269	269	261	251	251
Shares Outstanding (Diluted)	269	269	269	261	251	251
Shares Change (YoY)	-0.01%	-0.02%	3.23%	4.05%	-	-
EPS (Basic)	0.26	0.25	0.04	0.13	0.19	0.04
EPS (Diluted)	0.26	0.25	0.04	0.13	0.19	0.04
EPS Growth	45.72%	517.89%	-68.90%	-32.06%	384.79%	-64.37%
Free Cash Flow	152.92	157.19	25.09	35.82	53.69	33.57
Free Cash Flow Per Share	0.57	0.58	0.09	0.14	0.21	0.13
Dividend Per Share	0.130	0.130	0.082	0.075	0.038	-
Dividend Growth	59.48%	59.48%	9.12%	95.96%	-	-
Gross Margin	37.20%	36.42%	33.43%	37.08%	36.55%	35.18%
Operating Margin	9.37%	9.18%	4.96%	5.90%	7.23%	4.11%
Profit Margin	6.12%	5.92%	1.06%	3.95%	5.26%	1.09%
Free Cash Flow Margin	13.29%	13.89%	2.45%	4.19%	5.91%	3.70%
EBITDA	142.55	137.82	117.02	103.32	92.78	64.77
EBITDA Margin	12.39%	12.17%	11.43%	12.08%	10.21%	7.14%
D&A For EBITDA	34.66	33.86	66.2	52.88	27.04	27.5
EBIT	107.88	103.96	50.82	50.44	65.74	37.27
EBIT Margin	9.37%	9.18%	4.96%	5.90%	7.23%	4.11%
Effective Tax Rate	23.61%	18.28%	26.26%	33.56%	20.56%	41.61%
Revenue as Reported	1,151	1,132	1,024	855.27	913.99	-

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