Comarch Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,916	1,816	1,859	1,627	1,537
Revenue Growth (YoY)	5.54%	-2.31%	14.23%	5.88%	6.91%
Cost of Revenue	1,452	1,387	1,370	1,148	1,086
Gross Profit	464.67	428.63	489.16	478.85	450.52
Selling, General & Admin	357.42	344.47	336.34	282.43	264.9
Other Operating Expenses	6.22	-36.09	-14.57	-10.08	-0.08
Operating Expenses	363.63	334.64	353.33	293.05	264.82
Operating Income	101.04	93.99	135.83	185.8	185.7
Interest Expense	-	-8.04	-5.59	-3.95	-4.16
Interest & Investment Income	18.53	16.54	5.71	0.06	0.46
Currency Exchange Gain (Loss)	-	6.52	-1.06	2.05	-10.55
Other Non Operating Income (Expenses)	-	30.86	18.37	-9.93	-13.44
EBT Excluding Unusual Items	119.57	139.86	153.26	174.02	158.02
Gain (Loss) on Sale of Investments	-	10.18	-11.68	-1.16	0.37
Gain (Loss) on Sale of Assets	-	1.43	12.03	1.71	4.68
Asset Writedown	-	-0.41	-0.62	-0.28	-0.11
Other Unusual Items	-	1.25	0.38	-	1.29
Pretax Income	119.57	152.32	153.37	174.29	164.25
Income Tax Expense	62.09	58.44	54.8	58.31	43.76
Earnings From Continuing Operations	57.48	93.87	98.57	115.98	120.49
Minority Interest in Earnings	0.09	6.74	9.28	7.06	0.14
Net Income	57.57	100.61	107.85	123.04	120.63
Net Income to Common	57.57	100.61	107.85	123.04	120.63
Net Income Growth	-42.77%	-6.71%	-12.35%	1.99%	15.05%
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
EPS (Basic)	7.08	12.37	13.26	15.13	14.83
EPS (Diluted)	7.08	12.37	13.26	15.13	14.83
EPS Growth	-42.77%	-6.71%	-12.35%	2.01%	15.05%
Free Cash Flow	126.41	168.04	33.7	133.65	220.39
Free Cash Flow Per Share	15.54	20.66	4.14	16.43	27.10
Dividend Per Share	-	5.000	4.000	4.000	3.000
Dividend Growth	-	25.00%	-	33.33%	100.00%
Gross Margin	24.25%	23.61%	26.32%	29.43%	29.32%
Operating Margin	5.27%	5.18%	7.31%	11.42%	12.08%
Profit Margin	3.00%	5.54%	5.80%	7.56%	7.85%
Free Cash Flow Margin	6.60%	9.25%	1.81%	8.21%	14.34%
EBITDA	176.63	166.2	207.68	256.62	250.85
EBITDA Margin	9.22%	9.15%	11.17%	15.77%	16.32%
D&A For EBITDA	75.6	72.21	71.85	70.81	65.14
EBIT	101.04	93.99	135.83	185.8	185.7
EBIT Margin	5.27%	5.18%	7.31%	11.42%	12.08%
Effective Tax Rate	51.92%	38.37%	35.73%	33.45%	26.64%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.