Altus S.A. (WSE:ALI)

Altus Income Statement

Financials in millions PLN. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	49.8	49.44	54.19	41.59	57.67	65.64
Revenue Growth (YoY)	-3.33%	-8.78%	30.30%	-27.88%	-12.14%	-45.80%
Cost of Revenue	0.23	0.24	0.23	0.23	0.15	0.15
Gross Profit	49.57	49.2	53.96	41.36	57.52	65.49
Selling, General & Admin	36.21	35.74	42.02	31.34	42.46	50.03
Other Operating Expenses	2.87	-0.19	8.41	-1.47	1.39	1.29
Operating Expenses	40.64	36.88	51.41	30.85	44.52	52.25
Operating Income	8.93	12.32	2.55	10.51	13	13.24
Interest Expense	-0.51	-0.55	-0.23	-0.07	-0.18	-0.19
Interest & Investment Income	7.22	6.26	6.21	3.19	0.2	1.58
Currency Exchange Gain (Loss)	-0	-0.01	-0.02	0.06	0.1	-0.04
Other Non Operating Income (Expenses)	0.17	0.12	0.07	0.09	-	-0.12
EBT Excluding Unusual Items	15.8	18.15	8.58	13.77	13.12	14.47
Gain (Loss) on Sale of Investments	2.26	2.52	5.92	-3.14	-0.7	-0.19
Gain (Loss) on Sale of Assets	0.04	0.04	-0	0	-0.04	-0
Pretax Income	18.1	20.7	14.5	10.63	12.38	14.27
Income Tax Expense	3.54	3.49	4.21	2.53	2.94	3.68
Earnings From Continuing Operations	14.56	17.21	10.29	8.1	9.44	10.6
Minority Interest in Earnings	-1.82	-2.11	-1.14	-1.72	-1.33	-1.94
Net Income	12.74	15.1	9.15	6.38	8.11	8.65
Net Income to Common	12.74	15.1	9.15	6.38	8.11	8.65
Net Income Growth	16.14%	64.98%	43.36%	-21.25%	-6.31%	641.47%
Shares Outstanding (Basic)	41	41	41	41	41	44
Shares Outstanding (Diluted)	41	41	41	41	41	44
Shares Change (YoY)	-	-	-	-	-7.17%	-4.42%
EPS (Basic)	0.31	0.37	0.22	0.16	0.20	0.20
EPS (Diluted)	0.31	0.37	0.22	0.16	0.20	0.20
EPS Growth	19.23%	67.72%	41.02%	-21.25%	0.93%	675.75%
Free Cash Flow	3.71	7.91	8.2	4.34	8.31	-15.5
Free Cash Flow Per Share	0.09	0.19	0.20	0.11	0.20	-0.35
Gross Margin	99.54%	99.52%	99.57%	99.44%	99.73%	99.78%
Operating Margin	17.92%	24.92%	4.71%	25.27%	22.54%	20.17%
Profit Margin	25.59%	30.54%	16.89%	15.35%	14.06%	13.18%
Free Cash Flow Margin	7.45%	15.99%	15.12%	10.42%	14.41%	-23.61%
EBITDA	9.21	12.76	2.89	11.4	13.23	13.56
EBITDA Margin	18.48%	25.81%	5.34%	27.41%	22.94%	20.66%
D&A For EBITDA	0.28	0.44	0.34	0.89	0.24	0.32
EBIT	8.93	12.32	2.55	10.51	13	13.24
EBIT Margin	17.92%	24.92%	4.71%	25.27%	22.54%	20.17%
Effective Tax Rate	19.55%	16.86%	29.03%	23.80%	23.73%	25.76%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.