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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	49.14	49.44	54.19	41.59	57.67	65.64
Revenue Growth (YoY)	-3.91%	-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	48.91	49.2	53.96	41.36	57.52	65.49
Selling, General & Admin	36.11	35.74	42.02	31.34	42.46	50.03
Other Operating Expenses	0.95	-0.19	8.41	-1.47	1.39	1.29
Operating Expenses	38.59	36.88	51.41	30.85	44.52	52.25
Operating Income	10.33	12.32	2.55	10.51	13	13.24
Interest Expense	-0.52	-0.55	-0.23	-0.07	-0.18	-0.19
Interest & Investment Income	6.4	6.26	6.21	3.19	0.2	1.58
Currency Exchange Gain (Loss)	-0.01	-0.01	-0.02	0.06	0.1	-0.04
Other Non Operating Income (Expenses)	0.16	0.12	0.07	0.09	-	-0.12
EBT Excluding Unusual Items	16.34	18.15	8.58	13.77	13.12	14.47
Gain (Loss) on Sale of Investments	3.52	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	19.89	20.7	14.5	10.63	12.38	14.27
Income Tax Expense	3.69	3.49	4.21	2.53	2.94	3.68
Earnings From Continuing Operations	16.2	17.21	10.29	8.1	9.44	10.6
Minority Interest in Earnings	-2.06	-2.11	-1.14	-1.72	-1.33	-1.94
Net Income	14.14	15.1	9.15	6.38	8.11	8.65
Net Income to Common	14.14	15.1	9.15	6.38	8.11	8.65
Net Income Growth	42.50%	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)	0.35	0.37	0.22	0.16	0.20	0.20
EPS (Diluted)	0.34	0.37	0.22	0.16	0.20	0.20
EPS Growth	41.67%	67.72%	41.02%	-21.25%	0.93%	675.75%
Free Cash Flow	5.34	7.91	8.2	4.34	8.31	-15.5
Free Cash Flow Per Share	0.13	0.19	0.20	0.11	0.20	-0.35
Gross Margin	99.53%	99.52%	99.57%	99.44%	99.73%	99.78%
Operating Margin	21.01%	24.92%	4.71%	25.27%	22.54%	20.17%
Profit Margin	28.77%	30.54%	16.89%	15.35%	14.06%	13.18%
Free Cash Flow Margin	10.86%	15.99%	15.12%	10.42%	14.41%	-23.61%
EBITDA	10.7	12.76	2.89	11.4	13.23	13.56
EBITDA Margin	21.77%	25.81%	5.34%	27.41%	22.94%	20.66%
D&A For EBITDA	0.37	0.44	0.34	0.89	0.24	0.32
EBIT	10.33	12.32	2.55	10.51	13	13.24
EBIT Margin	21.01%	24.92%	4.71%	25.27%	22.54%	20.17%
Effective Tax Rate	18.55%	16.86%	29.03%	23.80%	23.73%	25.76%

Updated Nov 8, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.