ELQ S.A. (WSE:ELQ)

ELQ S.A. 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	72.14	74.3	83.68	28.37	25.62	37.14
Revenue Growth (YoY)	-10.43%	-11.20%	194.98%	10.70%	-31.01%	21.34%
Cost of Revenue	39.64	43.6	50.64	17.67	11.12	9.29
Gross Profit	32.5	30.7	33.03	10.69	14.5	27.85
Selling, General & Admin	23.24	21.33	18.09	9.61	16.68	27.86
Amortization of Goodwill & Intangibles	-	-	-	-	-	0.15
Other Operating Expenses	1.6	1.5	2.01	-1.5	-0.7	-0.33
Operating Expenses	25.16	23.33	20.45	8.31	17.24	29.54
Operating Income	7.34	7.37	12.59	2.39	-2.74	-1.69
Interest Expense	-0.3	-0.2	-0.14	-0.03	-0.26	-0.39
Interest & Investment Income	0	0	0.07	0.01	0.03	0
Currency Exchange Gain (Loss)	0.01	0.01	0.22	0.11	0.05	-0.38
Other Non Operating Income (Expenses)	-0.06	-0	-0.49	-0.01	-	-
EBT Excluding Unusual Items	7	7.19	12.25	2.46	-2.92	-2.45
Impairment of Goodwill	-	-	-	-	-0.15	-
Gain (Loss) on Sale of Assets	0.11	-0.04	0.12	-	-0.2	-0.06
Asset Writedown	-5.26	-5.26	-0.06	-	-0.08	-
Legal Settlements	-0.54	-0.54	-	-0.05	-	-0.07
Other Unusual Items	-	-	-	-	1.53	-
Pretax Income	1.31	1.35	12.3	2.41	-1.82	-2.59
Income Tax Expense	-1.21	-0.83	2.59	0.51	0.06	0.06
Net Income	2.52	2.18	9.72	1.89	-1.88	-2.65
Net Income to Common	2.52	2.18	9.72	1.89	-1.88	-2.65
Net Income Growth	-63.00%	-77.59%	412.92%	-	-	-
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
EPS (Basic)	0.03	0.02	0.10	0.02	-0.02	-0.03
EPS (Diluted)	0.03	0.02	0.10	0.02	-0.02	-0.03
EPS Growth	-63.00%	-77.59%	412.94%	-	-	-
Free Cash Flow	-2.38	-2.46	-0.9	2.33	0.01	-1.34
Free Cash Flow Per Share	-0.02	-0.03	-0.01	0.02	-	-0.01
Gross Margin	45.05%	41.32%	39.48%	37.69%	56.60%	74.98%
Operating Margin	10.18%	9.92%	15.04%	8.41%	-10.69%	-4.54%
Profit Margin	3.49%	2.93%	11.61%	6.68%	-7.35%	-7.13%
Free Cash Flow Margin	-3.30%	-3.31%	-1.07%	8.22%	0.04%	-3.61%
EBITDA	7.63	7.88	12.94	2.58	-1.24	0.33
EBITDA Margin	10.57%	10.60%	15.46%	9.11%	-4.85%	0.88%
D&A For EBITDA	0.28	0.51	0.35	0.2	1.5	2.01
EBIT	7.34	7.37	12.59	2.39	-2.74	-1.69
EBIT Margin	10.18%	9.92%	15.04%	8.41%	-10.69%	-4.54%
Effective Tax Rate	-	-	21.03%	21.27%	-	-
Revenue as Reported	80.43	73.36	83.57	33.22	21.72	40.58
Advertising Expenses	-	0.61	1.62	0.96	0.38	0.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.