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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	409.21	380.54	338.52	307.43	282.12	273.86
Revenue Growth (YoY)	9.16%	12.41%	10.11%	8.97%	3.01%	7.53%
Cost of Revenue	240.65	225.47	198.87	174.9	156.94	153.52
Gross Profit	168.55	155.07	139.65	132.54	125.18	120.34
Selling, General & Admin	53.08	46.51	39.59	38.48	32.99	33.39
Other Operating Expenses	-0.82	-0.87	-0.71	-0.53	-0.35	-0.72
Operating Expenses	52.25	45.63	38.88	37.95	32.64	32.67
Operating Income	116.3	109.44	100.77	94.58	92.54	87.68
Interest Expense	-1.74	-1.89	-1.67	-1.21	-1.82	-1.85
Interest & Investment Income	2	1.89	0.68	0.06	0.2	0.12
Currency Exchange Gain (Loss)	0.58	0.42	-0.37	0.18	-0.78	0.28
Other Non Operating Income (Expenses)	0.26	0.13	-	0.01	-0.53	0.5
EBT Excluding Unusual Items	117.39	109.98	99.42	93.63	89.61	86.72
Pretax Income	117.39	109.98	99.42	93.63	89.61	86.72
Income Tax Expense	13.11	14.95	14.13	12.98	13.2	13.28
Earnings From Continuing Operations	104.28	95.03	85.29	80.65	76.41	73.44
Net Income	104.28	95.03	85.29	80.65	76.41	73.44
Net Income to Common	104.28	95.03	85.29	80.65	76.41	73.44
Net Income Growth	10.09%	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
Shares Change (YoY)	-0.06%	-	-	-	-	-
EPS (Basic)	3.12	2.84	2.55	2.41	2.29	2.20
EPS (Diluted)	3.12	2.84	2.55	2.41	2.29	2.20
EPS Growth	10.25%	11.37%	5.81%	5.41%	4.04%	17.52%
Free Cash Flow	129.51	115.44	112.47	90.11	104.84	101.15
Free Cash Flow Per Share	3.88	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	41.19%	40.75%	41.25%	43.11%	44.37%	43.94%
Operating Margin	28.42%	28.76%	29.77%	30.77%	32.80%	32.01%
Profit Margin	25.48%	24.97%	25.19%	26.23%	27.08%	26.82%
Free Cash Flow Margin	31.65%	30.34%	33.22%	29.31%	37.16%	36.93%
EBITDA	127.76	118.24	107.62	100.45	97.46	92.92
EBITDA Margin	31.22%	31.07%	31.79%	32.67%	34.55%	33.93%
D&A For EBITDA	11.46	8.81	6.86	5.87	4.92	5.24
EBIT	116.3	109.44	100.77	94.58	92.54	87.68
EBIT Margin	28.42%	28.76%	29.77%	30.77%	32.80%	32.01%
Effective Tax Rate	11.17%	13.59%	14.21%	13.86%	14.73%	15.32%

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