Asseco Business Solutions S.A. (WSE: ABS)

Asseco Business Solutions Income Statement

Financials in millions PLN. 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	405.23	380.54	338.52	307.43	282.12	273.86
Revenue Growth (YoY)	12.56%	12.41%	10.11%	8.97%	3.01%	7.53%
Cost of Revenue	239.29	225.47	198.87	174.9	156.94	153.52
Gross Profit	165.95	155.07	139.65	132.54	125.18	120.34
Selling, General & Admin	50.91	46.51	39.59	38.48	32.99	33.39
Other Operating Expenses	-0.83	-0.87	-0.71	-0.53	-0.35	-0.72
Operating Expenses	50.09	45.63	38.88	37.95	32.64	32.67
Operating Income	115.86	109.44	100.77	94.58	92.54	87.68
Interest Expense	-1.87	-1.89	-1.67	-1.21	-1.82	-1.85
Interest & Investment Income	1.78	1.89	0.68	0.06	0.2	0.12
Currency Exchange Gain (Loss)	0.24	0.42	-0.37	0.18	-0.78	0.28
Other Non Operating Income (Expenses)	0.15	0.13	-	0.01	-0.53	0.5
EBT Excluding Unusual Items	116.17	109.98	99.42	93.63	89.61	86.72
Pretax Income	116.17	109.98	99.42	93.63	89.61	86.72
Income Tax Expense	13.8	14.95	14.13	12.98	13.2	13.28
Earnings From Continuing Operations	102.37	95.03	85.29	80.65	76.41	73.44
Net Income	102.37	95.03	85.29	80.65	76.41	73.44
Net Income to Common	102.37	95.03	85.29	80.65	76.41	73.44
Net Income Growth	13.38%	11.43%	5.75%	5.55%	4.04%	17.37%
Shares Outstanding (Basic)	33	33	33	33	33	33
Shares Outstanding (Diluted)	33	33	33	33	33	33
EPS (Basic)	3.06	2.84	2.55	2.41	2.29	2.20
EPS (Diluted)	3.06	2.84	2.55	2.41	2.29	2.20
EPS Growth	13.33%	11.37%	5.81%	5.41%	4.04%	17.52%
Free Cash Flow	126.23	115.44	112.47	90.11	104.84	101.15
Free Cash Flow Per Share	3.78	3.45	3.37	2.70	3.14	3.03
Dividend Per Share	2.600	2.600	2.300	2.120	2.000	1.800
Dividend Growth	13.04%	13.04%	8.49%	6.00%	11.11%	20.00%
Gross Margin	40.95%	40.75%	41.25%	43.11%	44.37%	43.94%
Operating Margin	28.59%	28.76%	29.77%	30.77%	32.80%	32.01%
Profit Margin	25.26%	24.97%	25.19%	26.23%	27.08%	26.82%
Free Cash Flow Margin	31.15%	30.34%	33.22%	29.31%	37.16%	36.93%
EBITDA	126.3	118.24	107.62	100.45	97.46	92.92
EBITDA Margin	31.17%	31.07%	31.79%	32.67%	34.55%	33.93%
D&A For EBITDA	10.44	8.81	6.86	5.87	4.92	5.24
EBIT	115.86	109.44	100.77	94.58	92.54	87.68
EBIT Margin	28.59%	28.76%	29.77%	30.77%	32.80%	32.01%
Effective Tax Rate	11.88%	13.59%	14.21%	13.86%	14.73%	15.32%

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