VZ Holding AG (SWX: VZN)

VZ Holding AG Income Statement

Financials in millions CHF. 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
Operating Revenue	399.9	377.94	353.26	356.9	302	284.5
Other Revenue	160.35	139.42	66.25	31.34	26.51	20.97
Revenue	560.25	517.36	419.51	388.23	328.52	305.47
Revenue Growth (YoY)	22.93%	23.32%	8.06%	18.18%	7.54%	5.64%
Cost of Revenue	186.83	174.72	160.84	144.78	128.88	124.25
Gross Profit	373.42	342.64	258.68	243.45	199.63	181.23
Selling, General & Admin	17.13	16.91	15.92	13.65	12.04	12.24
Other Operating Expenses	60.54	56.64	43.12	42.13	32.1	22.24
Operating Expenses	101.6	96.65	80.68	76.12	62.3	52.11
Operating Income	271.82	245.99	178	167.33	137.33	129.11
Interest Expense	-36.28	-28.26	-2.47	-0.81	-0.73	-4.83
Interest & Investment Income	0.88	0.55	0.19	0.03	0.12	0.06
Earnings From Equity Investments	0.03	0.03	0	0.02	-0.02	0.05
Currency Exchange Gain (Loss)	-0.22	-0.22	-0.07	-0.08	-0.06	-0.08
Other Non Operating Income (Expenses)	-0.09	-0.1	-0.08	0.43	-0.1	-0.08
EBT Excluding Unusual Items	236.13	217.99	175.57	166.91	136.55	124.23
Gain (Loss) on Sale of Investments	-0.01	0	-0.02	0.04	0.04	0.04
Asset Writedown	-0.05	-0	-	-	-	-
Pretax Income	236.08	218	175.55	166.95	136.59	124.27
Income Tax Expense	32.53	30.97	24.16	23.75	19.13	21.96
Earnings From Continuing Operations	203.55	187.02	151.39	143.2	117.45	102.31
Minority Interest in Earnings	-0.84	-0.09	-0.29	-0.61	-0.19	-0.15
Net Income	202.71	186.94	151.1	142.59	117.27	102.16
Net Income to Common	202.71	186.94	151.1	142.59	117.27	102.16
Net Income Growth	26.05%	23.72%	5.96%	21.60%	14.79%	4.10%
Shares Outstanding (Basic)	39	39	39	39	39	39
Shares Outstanding (Diluted)	39	39	39	39	39	39
Shares Change (YoY)	0.62%	0.33%	-0.40%	0.37%	-0.33%	-0.80%
EPS (Basic)	5.14	4.75	3.85	3.62	2.99	2.59
EPS (Diluted)	5.13	4.74	3.85	3.62	2.99	2.59
EPS Growth	25.09%	23.12%	6.35%	21.22%	15.30%	4.86%
Free Cash Flow	209.13	161.43	-340.39	338.44	612.23	492.58
Free Cash Flow Per Share	5.30	4.10	-8.67	8.58	15.58	12.50
Dividend Per Share	2.240	2.240	1.740	1.570	1.230	1.020
Dividend Growth	28.74%	28.74%	10.83%	27.64%	20.59%	4.08%
Gross Margin	66.65%	66.23%	61.66%	62.71%	60.77%	59.33%
Operating Margin	48.52%	47.55%	42.43%	43.10%	41.80%	42.27%
Profit Margin	36.18%	36.13%	36.02%	36.73%	35.70%	33.44%
Free Cash Flow Margin	37.33%	31.20%	-81.14%	87.17%	186.36%	161.25%
EBITDA	281.35	254.69	186.25	174.87	143.17	135.17
EBITDA Margin	50.22%	49.23%	44.40%	45.04%	43.58%	44.25%
D&A For EBITDA	9.53	8.7	8.25	7.54	5.83	6.05
EBIT	271.82	245.99	178	167.33	137.33	129.11
EBIT Margin	48.52%	47.55%	42.43%	43.10%	41.80%	42.27%
Effective Tax Rate	13.78%	14.21%	13.76%	14.23%	14.01%	17.67%
Revenue as Reported	492.4	463.84	403.9	388.87	328.7	301.72

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