Grupo Empresas Navieras S.A. (SNSE: NAVIERA)

Grupo Empresas Navieras Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	913.76	902.4	962.2	757.24	585.24	657.94
Revenue Growth (YoY)	-3.68%	-6.22%	27.07%	29.39%	-11.05%	3.25%
Cost of Revenue	743.87	736.39	785.41	602.38	462.85	514.24
Gross Profit	169.89	166	176.79	154.86	122.39	143.7
Selling, General & Admin	82.82	80.2	68.4	59.22	52.91	59.18
Other Operating Expenses	4.9	4.58	-1.36	-2.15	-5.22	0.51
Operating Expenses	87.72	84.77	67.04	57.07	47.69	59.69
Operating Income	82.18	81.23	109.75	97.79	74.7	84.01
Interest Expense	-41.52	-39.97	-29.25	-26.43	-28.35	-29.48
Interest & Investment Income	4.8	4.74	2.49	1.92	1.24	2.56
Earnings From Equity Investments	9.37	10.06	11.74	8.11	4.94	4.85
Currency Exchange Gain (Loss)	10.38	-0.96	0.27	18.81	-15.09	-1.68
Other Non Operating Income (Expenses)	3.26	-2.65	-15.21	-3.52	-5.22	0.52
EBT Excluding Unusual Items	68.47	52.44	79.8	96.67	32.22	60.78
Impairment of Goodwill	-	0.05	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.38	7.98
Gain (Loss) on Sale of Assets	0.92	0.69	0.13	-1.01	0.41	0.07
Other Unusual Items	-	-	-	-2.3	-6.26	-0.85
Pretax Income	69.39	53.18	79.93	93.36	26.75	67.98
Income Tax Expense	13.62	10.43	12.89	17.19	9.29	14.69
Earnings From Continuing Operations	55.77	42.75	67.04	76.17	17.45	53.29
Net Income to Company	55.77	42.75	67.04	76.17	17.45	53.29
Minority Interest in Earnings	-13.89	-13.25	-12.08	-10.68	-11.26	-13.83
Net Income	41.88	29.51	54.96	65.5	6.19	39.47
Net Income to Common	41.88	29.51	54.96	65.5	6.19	39.47
Net Income Growth	-9.53%	-46.31%	-16.08%	957.39%	-84.31%	11.13%
Shares Outstanding (Basic)	6,910	6,910	6,910	6,910	6,910	6,910
Shares Outstanding (Diluted)	6,910	6,910	6,910	6,910	6,910	6,910
EPS (Basic)	0.01	0.00	0.01	0.01	0.00	0.01
EPS (Diluted)	0.01	0.00	0.01	0.01	0.00	0.01
EPS Growth	-9.52%	-46.32%	-16.08%	957.81%	-84.28%	11.75%
Free Cash Flow	47.91	61.7	55.22	102.11	87.4	87.06
Free Cash Flow Per Share	0.01	0.01	0.01	0.01	0.01	0.01
Dividend Per Share	-	-	0.004	0.003	0.002	0.002
Dividend Growth	-	-	52.67%	63.73%	-13.15%	14.22%
Gross Margin	18.59%	18.40%	18.37%	20.45%	20.91%	21.84%
Operating Margin	8.99%	9.00%	11.41%	12.91%	12.76%	12.77%
Profit Margin	4.58%	3.27%	5.71%	8.65%	1.06%	6.00%
Free Cash Flow Margin	5.24%	6.84%	5.74%	13.48%	14.93%	13.23%
EBITDA	141.21	140.22	163.42	149.13	123.22	131.55
EBITDA Margin	15.45%	15.54%	16.98%	19.69%	21.05%	19.99%
D&A For EBITDA	59.03	58.99	53.67	51.35	48.52	47.54
EBIT	82.18	81.23	109.75	97.79	74.7	84.01
EBIT Margin	8.99%	9.00%	11.41%	12.91%	12.76%	12.77%
Effective Tax Rate	19.62%	19.61%	16.13%	18.42%	34.74%	21.61%

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