Titan S.A. (TTCIF)

Accolade Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,650	2,644	2,547	2,282	1,715	1,607
Revenue Growth (YoY)	0.33%	3.81%	11.60%	33.10%	6.69%	-0.17%
Cost of Revenue	1,948	1,942	1,905	1,888	1,404	1,298
Gross Profit	701.6	701.85	641.85	393.92	310.9	309.27
Selling, General & Admin	298.8	298.05	251.72	217.16	180.53	167.51
Other Operating Expenses	-9.99	-11.13	-7.02	-6.31	-4.07	-5.6
Operating Expenses	288.43	286.53	250.19	214.83	178.18	163.9
Operating Income	413.17	415.32	391.66	179.09	132.72	145.37
Interest Expense	-42.9	-42.9	-44.92	-40.49	-37.15	-49.03
Interest & Investment Income	7.34	7.34	3.39	1.35	1.18	0.64
Earnings From Equity Investments	10.3	7.99	2.59	1.88	3.29	3.3
Currency Exchange Gain (Loss)	-11.63	-1.63	-27.59	-12.42	-0.07	-13.22
Other Non Operating Income (Expenses)	2.18	-0.18	-0.18	4.93	2.58	-3.98
EBT Excluding Unusual Items	378.46	385.95	324.96	134.34	102.54	83.08
Merger & Restructuring Charges	-0.15	-0.15	-0.69	-1.11	-0.26	-0.53
Impairment of Goodwill	-17	-17	-0.11	-21.8	-	-46.61
Gain (Loss) on Sale of Assets	-54.14	-1.6	-3.13	0.19	5.75	1.09
Asset Writedown	-0.73	0.09	-0.04	-0.72	0.33	-0.09
Other Unusual Items	4.38	8.29	18.69	26.31	-	-
Pretax Income	310.81	375.57	339.69	137.2	108.37	36.94
Income Tax Expense	91.95	85.32	67.09	26.72	16.81	35.78
Earnings From Continuing Operations	218.86	290.26	272.59	110.48	91.56	1.16
Minority Interest in Earnings	-9.98	-1.1	-3.96	-0.83	0.37	-0.03
Net Income	208.88	289.16	268.64	109.66	91.92	1.13
Net Income to Common	208.88	289.16	268.64	109.66	91.92	1.13
Net Income Growth	-31.86%	7.64%	144.98%	19.29%	8063.68%	-97.79%
Shares Outstanding (Basic)	74	74	75	76	75	77
Shares Outstanding (Diluted)	75	74	75	76	75	77
Shares Change (YoY)	0.19%	-0.45%	-1.51%	1.09%	-2.97%	-2.94%
EPS (Basic)	2.81	3.89	3.59	1.45	1.23	0.01
EPS (Diluted)	2.80	3.89	3.59	1.44	1.22	0.01
EPS Growth	-31.98%	8.12%	148.76%	18.00%	8343.34%	-97.73%
Free Cash Flow	219.18	237.61	250.66	41.16	118.69	237
Free Cash Flow Per Share	2.94	3.19	3.35	0.54	1.58	3.06
Gross Margin	26.48%	26.55%	25.20%	17.26%	18.13%	19.25%
Operating Margin	15.59%	15.71%	15.38%	7.85%	7.74%	9.05%
Profit Margin	7.88%	10.94%	10.55%	4.81%	5.36%	0.07%
Free Cash Flow Margin	8.27%	8.99%	9.84%	1.80%	6.92%	14.75%
EBITDA	566.28	559.93	521.24	312.16	253.45	268.36
EBITDA Margin	21.37%	21.18%	20.46%	13.68%	14.78%	16.70%
D&A For EBITDA	153.11	144.6	129.58	133.07	120.73	122.99
EBIT	413.17	415.32	391.66	179.09	132.72	145.37
EBIT Margin	15.59%	15.71%	15.38%	7.85%	7.74%	9.05%
Effective Tax Rate	29.59%	22.72%	19.75%	19.47%	15.51%	96.86%

Updated Nov 7, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.