Teqnion AB (publ) (STO: TEQ)

Teqnion 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,563	1,476	1,325	920.2	659.09	579.52
Other Revenue	-	-	-	-	-	-0
Revenue	1,563	1,476	1,325	920.2	659.09	579.52
Revenue Growth (YoY)	6.78%	11.38%	43.97%	39.62%	13.73%	95.68%
Cost of Revenue	847.1	804.7	759.4	520.6	399.83	363.63
Gross Profit	716	670.9	565.4	399.6	259.25	215.89
Selling, General & Admin	499.1	447	391.4	272.3	182.4	182.65
Other Operating Expenses	2.5	10.4	4.6	-1.6	1.44	-2.65
Operating Expenses	562.3	513.7	436.5	306.5	208.97	196.22
Operating Income	153.7	157.2	128.9	93.1	50.29	19.67
Interest Expense	-29.4	-17	-8.7	-4.4	-3.39	-2.76
Interest & Investment Income	3.6	2.6	0.2	0.1	-	0.03
Currency Exchange Gain (Loss)	16.9	16.9	11.3	5	2.19	1.65
Other Non Operating Income (Expenses)	-1.8	-1.9	-	-	-0.17	-0.05
EBT Excluding Unusual Items	143	157.8	131.7	93.8	48.91	18.55
Merger & Restructuring Charges	-0.5	-0.5	-	-0.3	-	-
Impairment of Goodwill	-	-	-	-	-	-31
Gain (Loss) on Sale of Assets	2.1	2.1	1.1	-	-	-
Other Unusual Items	0.5	0.5	5.4	9.5	7.73	48.6
Pretax Income	145.7	160.5	138.2	103	56.64	36.15
Income Tax Expense	29.4	35.4	27.8	23.2	12.68	3.63
Earnings From Continuing Operations	116.3	125.1	110.4	79.8	43.96	32.52
Net Income to Company	-	125.1	110.4	79.8	43.96	32.52
Minority Interest in Earnings	-0.1	-0.1	-0.1	-0.3	-0.37	-
Net Income	116.2	125	110.3	79.5	43.59	32.52
Net Income to Common	116.2	125	110.3	79.5	43.59	32.52
Net Income Growth	-6.89%	13.33%	38.74%	82.39%	34.02%	26.75%
Shares Outstanding (Basic)	17	17	16	16	16	15
Shares Outstanding (Diluted)	17	17	16	16	16	15
Shares Change (YoY)	4.80%	2.36%	-0.27%	0.49%	5.74%	142.06%
EPS (Basic)	6.78	7.55	6.84	4.93	2.70	2.12
EPS (Diluted)	6.75	7.51	6.79	4.88	2.69	2.12
EPS Growth	-11.38%	10.60%	39.18%	81.50%	26.74%	-47.64%
Free Cash Flow	111.3	116.5	97.9	114	111.88	14.62
Free Cash Flow Per Share	6.48	7.00	6.02	7.00	6.90	0.95
Dividend Per Share	-	-	-	0.500	-	-
Gross Margin	45.81%	45.47%	42.68%	43.43%	39.34%	37.25%
Operating Margin	9.83%	10.65%	9.73%	10.12%	7.63%	3.39%
Profit Margin	7.43%	8.47%	8.33%	8.64%	6.61%	5.61%
Free Cash Flow Margin	7.12%	7.90%	7.39%	12.39%	16.98%	2.52%
EBITDA	167.3	166.4	137.6	100.3	55.1	24.1
EBITDA Margin	10.70%	11.28%	10.39%	10.90%	8.36%	4.16%
D&A For EBITDA	13.6	9.2	8.7	7.2	4.82	4.43
EBIT	153.7	157.2	128.9	93.1	50.29	19.67
EBIT Margin	9.83%	10.65%	9.73%	10.12%	7.63%	3.39%
Effective Tax Rate	20.18%	22.06%	20.12%	22.52%	22.38%	10.04%
Revenue as Reported	1,496	1,496	1,347	939.1	668.77	635.51

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