MilDef Group AB Income Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	1,136	1,151	738.8	469.6	398.5	333.98
Revenue Growth (YoY)	2.01%	55.83%	57.33%	17.84%	19.32%	-
Cost of Revenue	574.9	595	386.5	259.5	216.4	209.16
Gross Profit	561.3	556.3	352.3	210.1	182.1	124.82
Selling, General & Admin	391.4	368.7	273.5	173	92.4	74.35
Research & Development	85.4	80.7	49	40.4	33.1	25.97
Other Operating Expenses	-3.8	1	-	0.1	-0.2	-0.37
Operating Expenses	473	450.4	322.5	213.5	125.3	99.96
Operating Income	88.3	105.9	29.8	-3.4	56.8	24.87
Interest Expense	-25.2	-28.2	-7.8	-4.8	-1.6	-0.54
Interest & Investment Income	7.9	7.9	0.8	0.1	0.1	0.95
Currency Exchange Gain (Loss)	3.8	3.8	-0.8	0.6	0.1	-0.19
Other Non Operating Income (Expenses)	-0.8	-0.8	-2.8	2.6	-0.1	-
EBT Excluding Unusual Items	74	88.6	19.2	-4.9	55.3	25.09
Merger & Restructuring Charges	-	-	-	-0.4	-	-
Pretax Income	74	88.6	19.2	-5.3	55.3	25.09
Income Tax Expense	19.3	19.6	5	-4.6	12.8	6.08
Net Income	54.7	69	14.2	-0.7	42.5	19
Net Income to Common	54.7	69	14.2	-0.7	42.5	19
Net Income Growth	-14.40%	385.92%	-	-	123.64%	-
Shares Outstanding (Basic)	40	40	37	26	23	23
Shares Outstanding (Diluted)	40	40	38	26	23	23
Shares Change (YoY)	-0.02%	6.49%	44.21%	12.94%	-	-
EPS (Basic)	1.37	1.73	0.38	-0.03	1.83	0.82
EPS (Diluted)	1.36	1.71	0.37	-0.03	1.83	0.82
EPS Growth	-13.56%	362.16%	-	-	123.64%	-
Free Cash Flow	119.3	40.6	-81.6	-66.3	56.3	-9.16
Free Cash Flow Per Share	2.96	1.01	-2.16	-2.53	2.42	-0.39
Dividend Per Share	0.500	0.500	-	0.750	0.750	0.375
Dividend Growth	-	-	-	0%	100.00%	-
Gross Margin	49.40%	48.32%	47.69%	44.74%	45.70%	37.37%
Operating Margin	7.77%	9.20%	4.03%	-0.72%	14.25%	7.45%
Profit Margin	4.81%	5.99%	1.92%	-0.15%	10.66%	5.69%
Free Cash Flow Margin	10.50%	3.53%	-11.04%	-14.12%	14.13%	-2.74%
EBITDA	115.7	123.4	42.2	6.5	61.9	30.56
EBITDA Margin	10.18%	10.72%	5.71%	1.38%	15.53%	9.15%
D&A For EBITDA	27.4	17.5	12.4	9.9	5.1	5.7
EBIT	88.3	105.9	29.8	-3.4	56.8	24.87
EBIT Margin	7.77%	9.20%	4.03%	-0.72%	14.25%	7.45%
Effective Tax Rate	26.08%	22.12%	26.04%	-	23.15%	24.24%

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