Tire Company Debica S.A. (WSE: DBC)

Tire Company Debica 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,500	2,992	3,278	2,343	1,815	2,056
Revenue Growth (YoY)	-21.78%	-8.71%	39.91%	29.07%	-11.72%	6.41%
Cost of Revenue	2,423	2,647	3,172	2,265	1,692	1,904
Gross Profit	76.96	345.52	106.46	77.42	123.47	152.06
Selling, General & Admin	23.64	24.58	26.69	24.44	24.65	23.26
Other Operating Expenses	-157.18	-109.22	0.53	0.38	0.63	0.54
Operating Expenses	-133.54	-84.64	27.22	24.82	25.28	23.81
Operating Income	210.49	430.16	79.24	52.6	98.2	128.25
Interest Expense	-3.35	-3.65	-5.09	-1.88	-1.85	-2.18
Interest & Investment Income	45.31	41.68	32.2	7.8	3.17	6.43
Currency Exchange Gain (Loss)	-	-	-	-2.03	1.76	-1.97
Other Non Operating Income (Expenses)	-1	-7.5	-14.07	0.03	-	-
EBT Excluding Unusual Items	251.46	460.68	92.28	56.52	101.28	130.53
Merger & Restructuring Charges	-3.99	-3.99	-0.71	-1.08	2.24	-6.33
Gain (Loss) on Sale of Assets	-0.81	-0.4	0.18	0.08	0.21	-0.21
Asset Writedown	0.03	0.04	-0.15	-0.71	0.08	-1.95
Legal Settlements	-0.04	-0.04	0.01	-0.01	-0.02	-0.02
Other Unusual Items	-208.36	-103.56	-	-	-20.45	0.01
Pretax Income	189.27	352.72	91.61	54.8	83.34	122.02
Income Tax Expense	37.72	68.37	19.01	12.12	14.94	9.28
Net Income	151.55	284.35	72.6	42.68	68.39	112.74
Net Income to Common	151.55	284.35	72.6	42.68	68.39	112.74
Net Income Growth	-37.02%	291.69%	70.10%	-37.60%	-39.34%	25.61%
Shares Outstanding (Basic)	14	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14	14
EPS (Basic)	10.98	20.60	5.26	3.09	4.95	8.17
EPS (Diluted)	10.98	20.60	5.26	3.09	4.95	8.17
EPS Growth	-37.02%	291.66%	70.21%	-37.58%	-39.40%	25.66%
Free Cash Flow	69.33	229.27	60.68	118.91	110.64	103.63
Free Cash Flow Per Share	5.02	16.61	4.40	8.61	8.02	7.51
Dividend Per Share	10.300	10.300	3.950	2.320	3.720	4.080
Dividend Growth	160.76%	160.76%	70.26%	-37.63%	-8.82%	-16.39%
Gross Margin	3.08%	11.55%	3.25%	3.30%	6.80%	7.40%
Operating Margin	8.42%	14.37%	2.42%	2.25%	5.41%	6.24%
Profit Margin	6.06%	9.50%	2.21%	1.82%	3.77%	5.48%
Free Cash Flow Margin	2.77%	7.66%	1.85%	5.08%	6.10%	5.04%
EBITDA	305.33	527.78	175.85	150.11	194.71	221.1
EBITDA Margin	12.21%	17.64%	5.36%	6.41%	10.73%	10.75%
D&A For EBITDA	94.84	97.63	96.6	97.52	96.52	92.85
EBIT	210.49	430.16	79.24	52.6	98.2	128.25
EBIT Margin	8.42%	14.37%	2.42%	2.25%	5.41%	6.24%
Effective Tax Rate	19.93%	19.38%	20.75%	22.12%	17.93%	7.61%
Revenue as Reported	2,500	2,992	3,278	2,343	1,815	2,056
Advertising Expenses	-	1.33	2.91	2.78	1.96	1.98

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