Gielda Papierów Wartosciowych w Warszawie S.A. (WSE:GPW)

WSE:GPW 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	502.17	464.85	444.93	389.27	407.57	403.96
Revenue Growth (YoY)	8.92%	4.48%	14.30%	-4.49%	0.89%	20.20%
Cost of Revenue	343.09	331.94	319.48	254.57	229.29	206.04
Gross Profit	159.07	132.91	125.45	134.69	178.28	197.92
Other Operating Expenses	31.69	38.62	-2.46	2.34	-0.03	-0.29
Operating Expenses	32.61	39.41	-2.13	1.77	-1.77	0.66
Operating Income	126.47	93.5	127.58	132.92	180.05	197.26
Interest Expense	-8.06	-8.06	-0.92	-5.88	-8.2	-19
Interest & Investment Income	52.57	51.46	27.44	22.46	0.9	3.96
Earnings From Equity Investments	41.36	37.1	34.14	28.26	24.38	15.75
Currency Exchange Gain (Loss)	-	-	-0.27	0.05	-1.8	-0.49
Other Non Operating Income (Expenses)	1.54	-	-0.01	-0.62	-1.47	1.06
EBT Excluding Unusual Items	213.87	174	187.97	177.17	193.87	198.54
Merger & Restructuring Charges	-	-	-0.03	-0.31	-0.08	-0.11
Impairment of Goodwill	-	-	-	-9.83	-	-3.52
Gain (Loss) on Sale of Investments	-	-	-0.17	-0.13	-	-4.81
Gain (Loss) on Sale of Assets	-	-	0.59	-0.01	-0.04	-0.03
Other Unusual Items	-	-	-	7.95	-	-
Pretax Income	213.87	174	188.36	174.84	193.76	190.07
Income Tax Expense	31.49	24.98	30.8	29.87	32.48	37.8
Earnings From Continuing Operations	182.38	149.02	157.56	144.98	161.28	152.27
Minority Interest in Earnings	-0.63	-0.3	-1.56	-0.02	-0.03	-0.01
Net Income	181.75	148.72	156	144.96	161.25	152.26
Net Income to Common	181.75	148.72	156	144.96	161.25	152.26
Net Income Growth	13.89%	-4.67%	7.62%	-10.10%	5.91%	27.60%
Shares Outstanding (Basic)	42	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42	42
EPS (Basic)	4.33	3.54	3.72	3.45	3.84	3.63
EPS (Diluted)	4.33	3.54	3.72	3.45	3.84	3.63
EPS Growth	14.14%	-4.67%	7.62%	-10.10%	5.91%	27.60%
Free Cash Flow	165.2	136.28	122.71	190.55	41	217.96
Free Cash Flow Per Share	3.94	3.25	2.92	4.54	0.98	5.19
Dividend Per Share	3.150	3.150	3.000	2.700	2.740	2.500
Dividend Growth	5.00%	5.00%	11.11%	-1.46%	9.60%	4.17%
Gross Margin	31.68%	28.59%	28.20%	34.60%	43.74%	48.99%
Operating Margin	25.18%	20.11%	28.67%	34.15%	44.18%	48.83%
Profit Margin	36.19%	31.99%	35.06%	37.24%	39.56%	37.69%
Free Cash Flow Margin	32.90%	29.32%	27.58%	48.95%	10.06%	53.96%
EBITDA	163.84	125.03	153.59	164.26	209.91	227.91
EBITDA Margin	32.63%	26.90%	34.52%	42.20%	51.50%	56.42%
D&A For EBITDA	37.37	31.54	26.01	31.34	29.86	30.65
EBIT	126.47	93.5	127.58	132.92	180.05	197.26
EBIT Margin	25.18%	20.11%	28.67%	34.15%	44.18%	48.83%
Effective Tax Rate	14.72%	14.35%	16.35%	17.08%	16.76%	19.89%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.