Karnov Group AB (publ) (STO: KAR)

Karnov Group AB Income Statement

Financials in millions SEK. 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	2,508	2,475	1,114	878.07	771.42	757.09
Revenue Growth (YoY)	35.33%	122.24%	26.81%	13.83%	1.89%	5.84%
Cost of Revenue	1,524	1,496	558.4	418.66	366.42	358.19
Gross Profit	983.8	978.2	555.1	459.42	405	398.9
Other Operating Expenses	459.4	454.2	242.5	134.51	83.56	128.58
Operating Expenses	829.8	817.3	476.3	343.11	273.95	299.7
Operating Income	154	160.9	78.8	116.31	131.04	99.2
Interest Expense	-146	-146.2	-30.1	-17.61	-22.01	-51.41
Interest & Investment Income	8.5	8.3	0.5	12.45	0.24	0.49
Earnings From Equity Investments	-4.6	-5.4	-11.7	7.92	-	-
Currency Exchange Gain (Loss)	18.6	18.6	-5.7	-16.29	9.2	-16.31
Other Non Operating Income (Expenses)	1.8	1.8	-4.5	-2.49	-2.97	-16.44
EBT Excluding Unusual Items	32.3	38	27.3	100.29	115.51	15.53
Gain (Loss) on Sale of Investments	-	-	-	-	-	-7.1
Asset Writedown	-4.7	-4.7	-	-	-	-
Other Unusual Items	1.1	1.1	22.7	2.86	5.07	-5.33
Pretax Income	28.7	34.4	50	103.15	120.58	3.1
Income Tax Expense	-5	-2.5	-9.9	18.94	20.57	-0.39
Earnings From Continuing Operations	33.7	36.9	59.9	84.22	100	3.48
Net Income to Company	-	36.9	59.9	84.22	100	3.48
Minority Interest in Earnings	1.3	1.3	-	0.7	-0.1	-0.86
Net Income	35	38.2	59.9	84.91	99.9	2.62
Net Income to Common	35	38.2	59.9	84.91	99.9	2.62
Net Income Growth	21.11%	-36.23%	-29.46%	-15.01%	3711.64%	-
Shares Outstanding (Basic)	108	108	108	98	98	84
Shares Outstanding (Diluted)	108	108	108	98	98	85
Shares Change (YoY)	-	-	9.99%	0.20%	15.60%	89.74%
EPS (Basic)	0.32	0.35	0.56	0.87	1.02	0.03
EPS (Diluted)	0.32	0.35	0.56	0.86	1.02	0.03
EPS Growth	20.76%	-36.38%	-35.42%	-15.69%	3300.11%	-
Free Cash Flow	299.8	329.8	272	312.75	376.04	133.34
Free Cash Flow Per Share	2.77	3.05	2.52	3.18	3.83	1.57
Dividend Per Share	-	-	-	-	1.000	0.450
Dividend Growth	-	-	-	-	122.22%	-
Gross Margin	39.23%	39.53%	49.85%	52.32%	52.50%	52.69%
Operating Margin	6.14%	6.50%	7.08%	13.25%	16.99%	13.10%
Profit Margin	1.40%	1.54%	5.38%	9.67%	12.95%	0.35%
Free Cash Flow Margin	11.96%	13.33%	24.43%	35.62%	48.75%	17.61%
EBITDA	377.5	377.1	251.9	296.86	278.16	227.28
EBITDA Margin	15.05%	15.24%	22.62%	33.81%	36.06%	30.02%
D&A For EBITDA	223.5	216.2	173.1	180.56	147.12	128.08
EBIT	154	160.9	78.8	116.31	131.04	99.2
EBIT Margin	6.14%	6.50%	7.08%	13.25%	16.99%	13.10%
Effective Tax Rate	-	-	-	18.36%	17.06%	-
Revenue as Reported	2,508	2,475	1,114	878.07	771.42	757.09

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