Instal Kraków S.A. (WSE: INK)

Instal Kraków 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	419.18	418.25	397.56	380.47	411.43	441.54
Revenue	419.18	418.25	397.56	380.47	411.43	441.54
Revenue Growth (YoY)	0.75%	5.20%	4.49%	-7.53%	-6.82%	-9.25%
Cost of Revenue	304.78	326.72	318.04	343.71	345.73	364
Gross Profit	114.4	91.54	79.52	36.76	65.7	77.54
Selling, General & Admin	51.96	48.48	46.45	-	38.21	36.07
Other Operating Expenses	2.72	3.44	-0.56	-	-4.46	-0.68
Operating Expenses	54.68	51.92	45.89	-	33.75	35.38
Operating Income	59.72	39.61	33.63	36.76	31.95	42.16
Interest Expense	-1.43	-1.77	-1.31	-	-0.8	-0.84
Interest & Investment Income	3.27	2.86	2.64	-	0.61	0.98
Currency Exchange Gain (Loss)	0.56	0.56	0.72	-	0.91	-
Other Non Operating Income (Expenses)	-0.64	-0.64	0.49	-1.42	-0.37	-0.3
EBT Excluding Unusual Items	61.49	40.63	36.17	35.33	32.29	42
Gain (Loss) on Sale of Investments	-	-	-	-	-0.05	-
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.39	-	-0.87	-0.76
Asset Writedown	2.83	2.83	2.72	-	-0.47	-8.6
Legal Settlements	-0.11	-0.11	0.19	-	-0.15	-0.14
Other Unusual Items	0.07	0.07	0.08	-	0.53	0.6
Pretax Income	64.27	43.41	38.76	35.33	31.28	33.1
Income Tax Expense	11.36	7.59	8.33	7.67	7.39	8.09
Earnings From Continuing Operations	52.91	35.82	30.43	27.66	23.89	25.01
Minority Interest in Earnings	-0.18	-0.54	-1.45	-	-0.7	-1.06
Net Income	52.73	35.28	28.98	27.66	23.19	23.95
Net Income to Common	52.73	35.28	28.98	27.66	23.19	23.95
Net Income Growth	63.55%	21.72%	4.77%	19.30%	-3.18%	-23.14%
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
EPS (Basic)	7.24	4.84	3.98	3.80	3.18	3.29
EPS (Diluted)	7.23	4.84	3.98	3.80	3.18	3.29
EPS Growth	63.37%	21.67%	4.77%	19.40%	-3.26%	-23.14%
Free Cash Flow	44.95	74.55	-3.65	27.71	79.06	28.72
Free Cash Flow Per Share	6.17	10.23	-0.50	3.80	10.85	3.94
Dividend Per Share	2.000	2.000	1.500	2.000	2.000	2.000
Dividend Growth	33.33%	33.33%	-25.00%	0%	0%	17.65%
Gross Margin	27.29%	21.89%	20.00%	9.66%	15.97%	17.56%
Operating Margin	14.25%	9.47%	8.46%	9.66%	7.77%	9.55%
Profit Margin	12.58%	8.43%	7.29%	7.27%	5.64%	5.42%
Free Cash Flow Margin	10.72%	17.82%	-0.92%	7.28%	19.21%	6.51%
EBITDA	64.25	45.33	39.61	39.43	34.42	44.17
EBITDA Margin	15.33%	10.84%	9.96%	10.36%	8.37%	10.00%
D&A For EBITDA	4.53	5.72	5.98	2.67	2.47	2.02
EBIT	59.72	39.61	33.63	36.76	31.95	42.16
EBIT Margin	14.25%	9.47%	8.46%	9.66%	7.76%	9.55%
Effective Tax Rate	17.67%	17.49%	21.48%	21.71%	23.64%	24.44%

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