Hexagon AB (publ) (STO: HEXA.B)

Hexagon AB 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	5,388	5,435	5,161	4,341	3,764	3,908
Revenue Growth (YoY)	-0.25%	5.32%	18.88%	15.32%	-3.67%	3.91%
Cost of Revenue	1,790	1,892	1,800	1,541	1,372	1,439
Gross Profit	3,599	3,543	3,361	2,800	2,393	2,469
Selling, General & Admin	1,513	1,642	1,437	1,114	956	1,062
Research & Development	671.1	674.5	607.1	455.6	410.7	431.1
Other Operating Expenses	-41.4	-22.6	-16.3	-64.6	-69.3	-12.2
Operating Expenses	2,143	2,294	2,028	1,505	1,297	1,481
Operating Income	1,456	1,250	1,333	1,295	1,095	987.2
Interest Expense	-176.5	-152.8	-34.9	-19.1	-23.3	-22.9
Interest & Investment Income	13.1	12.4	7.6	4.4	5.7	6.2
Currency Exchange Gain (Loss)	-23.9	-23.9	-4.1	8.3	-17.6	-6.3
Other Non Operating Income (Expenses)	-13.6	-13.6	-10.7	-10.8	-9.6	-9.4
EBT Excluding Unusual Items	1,255	1,072	1,291	1,278	1,050	954.8
Merger & Restructuring Charges	-8.2	-8.2	-50	-31.2	-15.6	-8.5
Impairment of Goodwill	-	-	-	-	-8.5	-
Gain (Loss) on Sale of Assets	9.5	10.2	3.8	10.4	0.4	-0.5
Asset Writedown	-54.5	-54.5	-13.4	-173.3	-136.6	-25.6
Other Unusual Items	41.6	41.6	16.7	-100.2	-130.4	-54.9
Pretax Income	1,243	1,061	1,248	983.6	759.6	865.3
Income Tax Expense	223.7	188.9	228.9	173.6	134.9	156.7
Earnings From Continuing Operations	1,019	871.8	1,019	810	624.7	708.6
Minority Interest in Earnings	-11.2	-12.9	-11.5	-8.4	-6.6	-6.2
Net Income	1,008	858.9	1,008	801.6	618.1	702.4
Net Income to Common	1,008	858.9	1,008	801.6	618.1	702.4
Net Income Growth	15.81%	-14.76%	25.70%	29.69%	-12.00%	-3.78%
Shares Outstanding (Basic)	2,684	2,688	2,693	2,599	2,573	2,554
Shares Outstanding (Diluted)	2,705	2,706	2,706	2,606	2,574	2,557
Shares Change (YoY)	-0.03%	-0.01%	3.84%	1.26%	0.67%	0.81%
EPS (Basic)	0.38	0.32	0.37	0.31	0.24	0.27
EPS (Diluted)	0.37	0.32	0.37	0.31	0.24	0.27
EPS Growth	15.89%	-14.78%	20.78%	28.33%	-12.50%	-4.46%
Free Cash Flow	1,385	1,234	1,169	1,173	1,197	937.1
Free Cash Flow Per Share	0.51	0.46	0.43	0.45	0.47	0.37
Dividend Per Share	0.130	0.130	0.120	0.110	0.090	0.089
Dividend Growth	8.33%	8.33%	9.09%	22.22%	1.58%	5.10%
Gross Margin	66.78%	65.19%	65.13%	64.50%	63.56%	63.17%
Operating Margin	27.01%	22.99%	25.83%	29.83%	29.09%	25.26%
Profit Margin	18.71%	15.80%	19.53%	18.47%	16.42%	17.97%
Free Cash Flow Margin	25.70%	22.70%	22.66%	27.01%	31.80%	23.98%
EBITDA	1,717	1,478	1,542	1,449	1,241	1,124
EBITDA Margin	31.86%	27.19%	29.88%	33.38%	32.97%	28.76%
D&A For EBITDA	261.4	228.6	208.8	153.8	146.2	136.5
EBIT	1,456	1,250	1,333	1,295	1,095	987.2
EBIT Margin	27.01%	22.99%	25.83%	29.83%	29.09%	25.26%
Effective Tax Rate	18.00%	17.81%	18.34%	17.65%	17.76%	18.11%

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