Action S.A. (WSE: ACT)

Action 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	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,540	2,510	2,367	2,307	2,062	1,639
Revenue Growth (YoY)	7.30%	6.06%	2.59%	11.87%	25.83%	2.18%
Cost of Revenue	2,317	2,290	2,159	2,105	1,933	1,536
Gross Profit	222.83	220.89	207.81	201.69	129.04	102.86
Selling, General & Admin	183.3	178.29	155.32	130.48	107.71	111.35
Other Operating Expenses	-0.42	-0.87	-0.31	-44.82	3.33	-2.73
Operating Expenses	182.92	177.46	155.07	85.81	111.22	108.66
Operating Income	39.91	43.43	52.73	115.88	17.82	-5.8
Interest Expense	-0.33	-0.31	-0.16	-0.14	-0.05	-0.15
Interest & Investment Income	4.26	3.89	5.22	0.05	0.33	0.9
Earnings From Equity Investments	-0.2	-0.16	0.99	0.04	0.37	0.18
Currency Exchange Gain (Loss)	-	-	-	-	-	0.33
Other Non Operating Income (Expenses)	-0.46	-0.95	0.17	-2.5	11.16	-
EBT Excluding Unusual Items	43.17	45.91	58.95	113.34	29.63	-4.54
Impairment of Goodwill	-0.7	-0.7	-	-	-	-
Gain (Loss) on Sale of Investments	12.17	-	-	-	-	-0.32
Gain (Loss) on Sale of Assets	0.08	0.08	-	0	0	-0.04
Asset Writedown	-	-	-	-	-	-0.45
Legal Settlements	-0.07	-0.04	-0.03	-0.05	-0.08	-0.13
Other Unusual Items	0.58	0.6	0.07	0.31	149.94	0.55
Pretax Income	55.23	45.85	58.99	113.6	179.49	-4.94
Income Tax Expense	11.87	9.19	10.05	12.69	-5.44	0
Earnings From Continuing Operations	43.36	36.66	48.94	100.91	184.93	-4.94
Minority Interest in Earnings	0.08	0.11	0.02	-0.05	0.19	-0.07
Net Income	43.44	36.77	48.97	100.86	185.11	-5.01
Net Income to Common	43.44	36.77	48.97	100.86	185.11	-5.01
Net Income Growth	-11.28%	-24.91%	-51.45%	-45.51%	-	-
Shares Outstanding (Basic)	19	20	20	20	17	17
Shares Outstanding (Diluted)	19	20	20	20	17	17
Shares Change (YoY)	-4.06%	-2.44%	-	17.23%	0.80%	-
EPS (Basic)	2.26	1.88	2.44	5.03	10.83	-0.30
EPS (Diluted)	2.26	1.88	2.44	5.03	10.83	-0.30
EPS Growth	-7.53%	-23.04%	-51.42%	-53.55%	-	-
Free Cash Flow	80.94	63.03	12	-54.5	22.81	-14.42
Free Cash Flow Per Share	4.21	3.22	0.60	-2.72	1.33	-0.85
Gross Margin	8.77%	8.80%	8.78%	8.74%	6.26%	6.28%
Operating Margin	1.57%	1.73%	2.23%	5.02%	0.86%	-0.35%
Profit Margin	1.71%	1.46%	2.07%	4.37%	8.98%	-0.31%
Free Cash Flow Margin	3.19%	2.51%	0.51%	-2.36%	1.11%	-0.88%
EBITDA	48.09	51.77	60.54	123.26	25.19	1.87
EBITDA Margin	1.89%	2.06%	2.56%	5.34%	1.22%	0.11%
D&A For EBITDA	8.18	8.34	7.8	7.38	7.37	7.67
EBIT	39.91	43.43	52.73	115.88	17.82	-5.8
EBIT Margin	1.57%	1.73%	2.23%	5.02%	0.86%	-0.35%
Effective Tax Rate	21.50%	20.05%	17.03%	11.17%	-	-
Advertising Expenses	-	12.72	8.24	8.72	4.52	5.82

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