Apator S.A. (WSE: APT)

Apator 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	1,208	1,137	1,082	940.08	934.85	877.59
Revenue Growth (YoY)	4.94%	5.12%	15.07%	0.56%	6.52%	6.01%
Cost of Revenue	919.49	881.35	857.53	726.51	705.24	643.03
Gross Profit	288.04	255.83	224.26	213.58	229.61	234.57
Selling, General & Admin	207.11	198.56	179.17	164.84	158.37	163.23
Other Operating Expenses	8.93	3.17	-0.08	-7.73	-3.79	-0.98
Operating Expenses	216.04	201.73	179.09	157.11	154.59	162.25
Operating Income	72	54.1	45.17	56.47	75.02	72.31
Interest Expense	-16.18	-17.85	-16.32	-2.93	-2.86	-5.17
Interest & Investment Income	0.84	0.38	0.31	0.18	0.3	0.2
Earnings From Equity Investments	-	-	0.44	1.64	1.35	1.39
Currency Exchange Gain (Loss)	5.41	5.41	2.63	-6.46	6.58	3.32
Other Non Operating Income (Expenses)	-1.13	-1.13	-2.54	-0.78	-0.44	-0.88
EBT Excluding Unusual Items	60.94	40.91	29.69	48.12	79.96	71.17
Impairment of Goodwill	-	-	-3.92	-	-	-0.13
Gain (Loss) on Sale of Investments	-1.85	-1.85	-1.28	-0.02	-1.8	-0.33
Gain (Loss) on Sale of Assets	4.37	0.09	2.81	36.89	1.48	3.33
Asset Writedown	-11.61	-11.61	-11.4	0.26	2.28	0.19
Other Unusual Items	-	-	-	-	-	-0.35
Pretax Income	51.85	27.54	15.92	85.24	81.92	73.88
Income Tax Expense	17.73	19.04	8.71	21.91	19.68	18.6
Earnings From Continuing Operations	34.12	8.5	7.21	63.34	62.24	55.29
Net Income to Company	34.12	8.5	7.21	63.34	62.24	55.29
Minority Interest in Earnings	-0.08	-0.37	-0.59	-1.14	-2	-1.88
Net Income	34.04	8.14	6.62	62.2	60.23	53.41
Net Income to Common	34.04	8.14	6.62	62.2	60.23	53.41
Net Income Growth	88.62%	23.00%	-89.36%	3.27%	12.78%	-21.21%
Shares Outstanding (Basic)	29	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29	29
Shares Change (YoY)	0.00%	-0.08%	-0.37%	-0.09%	-0.17%	-0.67%
EPS (Basic)	1.17	0.28	0.23	2.13	2.06	1.83
EPS (Diluted)	1.17	0.28	0.23	2.13	2.06	1.83
EPS Growth	88.30%	23.03%	-89.32%	3.40%	12.83%	-20.61%
Free Cash Flow	156.02	89.44	13.24	-38.21	73.97	80.59
Free Cash Flow Per Share	5.37	3.08	0.46	-1.31	2.53	2.75
Dividend Per Share	-	-	0.300	0.500	1.200	1.100
Dividend Growth	-	-	-40.00%	-58.33%	9.09%	-15.38%
Gross Margin	23.85%	22.50%	20.73%	22.72%	24.56%	26.73%
Operating Margin	5.96%	4.76%	4.18%	6.01%	8.03%	8.24%
Profit Margin	2.82%	0.72%	0.61%	6.62%	6.44%	6.09%
Free Cash Flow Margin	12.92%	7.86%	1.22%	-4.06%	7.91%	9.18%
EBITDA	96.18	90.59	83.83	94.75	109.92	104.48
EBITDA Margin	7.96%	7.97%	7.75%	10.08%	11.76%	11.91%
D&A For EBITDA	24.18	36.48	38.66	38.28	34.89	32.17
EBIT	72	54.1	45.17	56.47	75.02	72.31
EBIT Margin	5.96%	4.76%	4.18%	6.01%	8.03%	8.24%
Effective Tax Rate	34.19%	69.13%	54.73%	25.70%	24.02%	25.17%
Revenue as Reported	1,208	1,137	1,082	940.08	934.85	877.59

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