Elektrotim S.A. (WSE:ELT)

Elektrotim 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	553.89	524.77	546.95	505.6	277.17	276.83
Revenue Growth (YoY)	11.96%	-4.06%	8.18%	82.41%	0.12%	7.05%
Cost of Revenue	474.83	444.12	470.83	438.12	244.72	238.15
Gross Profit	79.06	80.64	76.12	67.48	32.46	38.69
Selling, General & Admin	31.94	32.02	25.32	28.09	22.62	23.76
Other Operating Expenses	7.55	1.85	11.12	4.39	-0.62	0.14
Operating Expenses	33.76	29.27	36.8	31.71	23.31	21.63
Operating Income	45.3	51.38	39.32	35.78	9.15	17.06
Interest Expense	-3.43	-3.27	-3.69	-1.52	-1.25	-1.45
Interest & Investment Income	0.05	0.55	1.42	0.63	0.13	0.04
Other Non Operating Income (Expenses)	-2.3	-5.46	0.31	0.7	-0.13	-0.26
EBT Excluding Unusual Items	39.62	43.2	37.36	35.59	7.9	15.38
Gain (Loss) on Sale of Investments	-0.42	-0.04	-	0.01	-0.4	0.01
Gain (Loss) on Sale of Assets	0.15	19.17	0.08	-2.54	0.11	6.22
Asset Writedown	0.13	-0.58	-5.18	-2.65	-	-0.07
Legal Settlements	0.09	-	-	-	-	-
Other Unusual Items	2.57	2.5	-	-	-	-
Pretax Income	42.14	64.25	32.26	30.41	7.61	21.55
Income Tax Expense	9.73	10.15	12.63	7.98	1.14	4.7
Earnings From Continuing Operations	32.4	54.1	19.64	22.44	6.47	16.85
Minority Interest in Earnings	-0.1	-0.03	2.74	-0.46	0.13	-0.26
Net Income	32.3	54.07	22.37	21.98	6.59	16.59
Net Income to Common	32.3	54.07	22.37	21.98	6.59	16.59
Net Income Growth	-6.44%	141.68%	1.77%	233.44%	-60.27%	-
Shares Outstanding (Basic)	-	10	10	10	10	10
Shares Outstanding (Diluted)	-	10	10	10	10	10
EPS (Basic)	-	5.42	2.24	2.20	0.66	1.66
EPS (Diluted)	-	5.42	2.24	2.20	0.66	1.66
EPS Growth	-	141.80%	1.82%	233.33%	-60.24%	-
Free Cash Flow	0.68	44.56	-5.71	35.84	0.74	33.69
Free Cash Flow Per Share	-	4.46	-0.57	3.59	0.07	3.38
Dividend Per Share	2.500	2.500	2.500	1.500	-	-
Dividend Growth	-	-	66.67%	-	-	-
Gross Margin	14.27%	15.37%	13.92%	13.35%	11.71%	13.98%
Operating Margin	8.18%	9.79%	7.19%	7.08%	3.30%	6.16%
Profit Margin	5.83%	10.30%	4.09%	4.35%	2.38%	5.99%
Free Cash Flow Margin	0.12%	8.49%	-1.04%	7.09%	0.27%	12.17%
EBITDA	48.52	53.65	41.49	39.47	12.02	19.98
EBITDA Margin	8.76%	10.22%	7.58%	7.81%	4.34%	7.22%
D&A For EBITDA	3.22	2.27	2.17	3.69	2.87	2.93
EBIT	45.3	51.38	39.32	35.78	9.15	17.06
EBIT Margin	8.18%	9.79%	7.19%	7.08%	3.30%	6.16%
Effective Tax Rate	23.10%	15.79%	39.14%	26.22%	15.01%	21.82%
Advertising Expenses	-	-	-	-	0.32	0.54

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