Ipsen S.A. (IPSEF)

Ipsen 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
Operating Revenue	3,250	3,128	3,025	2,643	2,592	2,576
Other Revenue	184.9	178.9	131.4	105.3	94.6	116.6
Revenue	3,435	3,306	3,156	2,749	2,686	2,693
Revenue Growth (YoY)	6.71%	4.75%	14.84%	2.32%	-0.25%	14.67%
Cost of Revenue	618	571.2	527.7	438.6	490.6	488
Gross Profit	2,817	2,735	2,629	2,310	2,196	2,205
Selling, General & Admin	1,157	1,135	1,039	916.2	972.2	1,021
Research & Development	652.5	619.3	445.3	424.4	405.6	388.8
Other Operating Expenses	150	119.6	201	83.2	58.8	93.4
Operating Expenses	1,960	1,874	1,685	1,424	1,437	1,503
Operating Income	857.4	861	943.7	886.2	759	701.8
Interest Expense	-22.1	-26.2	-23.8	-23.7	-27.1	-30
Interest & Investment Income	9.4	6.8	5.3	1.9	2.3	2
Earnings From Equity Investments	5	-5.4	-1.5	0.4	-1.5	3.7
Currency Exchange Gain (Loss)	-8.9	-4.8	9.2	-0.9	11.6	-2.6
Other Non Operating Income (Expenses)	-22.2	-21.9	-17.9	-16.1	13.8	28.2
EBT Excluding Unusual Items	818.6	809.5	915	847.8	758.1	703.1
Merger & Restructuring Charges	-284.7	-298.8	-98.9	-52.3	-86.4	-27.7
Gain (Loss) on Sale of Investments	-4.7	-8	2.6	3.1	7.6	-1.9
Gain (Loss) on Sale of Assets	-	-	-	-	5.7	-3.7
Asset Writedown	265.3	253.4	-114.3	-9.1	-153.9	-668.8
Other Unusual Items	-	-	-	-	-	-35.8
Pretax Income	794.5	756.1	704.4	789.5	531.1	-34.8
Income Tax Expense	127.4	136.2	112.3	158.3	-17.8	19.6
Earnings From Continuing Operations	667.1	619.9	592.1	631.2	548.9	-54.4
Earnings From Discontinued Operations	17.3	27.3	55.4	15.5	-	4.2
Net Income to Company	684.4	647.2	647.5	646.7	548.9	-50.2
Minority Interest in Earnings	-3.2	-2.8	1.1	-0.1	-0.9	-0.5
Net Income	681.2	644.4	648.6	646.6	548	-50.7
Net Income to Common	681.2	644.4	648.6	646.6	548	-50.7
Net Income Growth	24.07%	-0.65%	0.31%	17.99%	-	-
Shares Outstanding (Basic)	83	83	82	83	83	83
Shares Outstanding (Diluted)	84	83	83	83	83	84
Shares Change (YoY)	0.60%	0.33%	-0.31%	-0.11%	-0.07%	0.31%
EPS (Basic)	8.23	7.79	7.87	7.82	6.61	-0.61
EPS (Diluted)	8.15	7.73	7.81	7.76	6.57	-0.61
EPS Growth	23.27%	-1.02%	0.65%	18.05%	-	-
Free Cash Flow	767.6	749.7	874.8	805.6	691.4	483.2
Free Cash Flow Per Share	9.19	8.99	10.53	9.66	8.29	5.79
Dividend Per Share	1.200	1.200	1.200	1.200	1.000	1.000
Dividend Growth	0%	0%	0%	20.00%	0%	0%
Gross Margin	82.01%	82.72%	83.28%	84.04%	81.74%	81.88%
Operating Margin	24.96%	26.04%	29.90%	32.24%	28.26%	26.06%
Profit Margin	19.83%	19.49%	20.55%	23.52%	20.40%	-1.88%
Free Cash Flow Margin	22.35%	22.67%	27.72%	29.31%	25.74%	17.94%
EBITDA	1,145	1,143	1,131	1,059	929.6	863.5
EBITDA Margin	33.32%	34.57%	35.83%	38.54%	34.61%	32.07%
D&A For EBITDA	287.1	282	187.2	173	170.6	161.7
EBIT	857.4	861	943.7	886.2	759	701.8
EBIT Margin	24.96%	26.04%	29.90%	32.24%	28.26%	26.06%
Effective Tax Rate	16.04%	18.01%	15.94%	20.05%	-	-
Revenue as Reported	3,435	3,306	3,156	2,749	2,686	2,693

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