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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	374.7	418.25	397.56	380.47	411.43	441.54
Revenue	374.7	418.25	397.56	380.47	411.43	441.54
Revenue Growth (YoY)	-13.23%	5.20%	4.49%	-7.53%	-6.82%	-9.25%
Cost of Revenue	269.5	326.72	318.04	343.71	345.73	364
Gross Profit	105.2	91.54	79.52	36.76	65.7	77.54
Selling, General & Admin	48.66	48.48	46.45	-	38.21	36.07
Other Operating Expenses	2.11	3.44	-0.56	-	-4.46	-0.68
Operating Expenses	50.77	51.92	45.89	-	33.75	35.38
Operating Income	54.42	39.61	33.63	36.76	31.95	42.16
Interest Expense	-1.11	-1.77	-1.31	-	-0.8	-0.84
Interest & Investment Income	2.86	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)	0.2	-0.64	0.49	-1.42	-0.37	-0.3
EBT Excluding Unusual Items	56.93	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	59.72	43.41	38.76	35.33	31.28	33.1
Income Tax Expense	10.41	7.59	8.33	7.67	7.39	8.09
Earnings From Continuing Operations	49.31	35.82	30.43	27.66	23.89	25.01
Minority Interest in Earnings	-0.26	-0.54	-1.45	-	-0.7	-1.06
Net Income	49.04	35.28	28.98	27.66	23.19	23.95
Net Income to Common	49.04	35.28	28.98	27.66	23.19	23.95
Net Income Growth	52.73%	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
Shares Change (YoY)	-0.24%	-	-	-	-	-
EPS (Basic)	6.74	4.84	3.98	3.80	3.18	3.29
EPS (Diluted)	6.74	4.84	3.98	3.80	3.18	3.29
EPS Growth	53.04%	21.67%	4.77%	19.40%	-3.26%	-23.14%
Free Cash Flow	42.82	74.55	-3.65	27.71	79.06	28.72
Free Cash Flow Per Share	5.88	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	28.07%	21.89%	20.00%	9.66%	15.97%	17.56%
Operating Margin	14.53%	9.47%	8.46%	9.66%	7.77%	9.55%
Profit Margin	13.09%	8.43%	7.29%	7.27%	5.64%	5.42%
Free Cash Flow Margin	11.43%	17.82%	-0.92%	7.28%	19.21%	6.51%
EBITDA	59.89	45.33	39.61	39.43	34.42	44.17
EBITDA Margin	15.98%	10.84%	9.96%	10.36%	8.37%	10.00%
D&A For EBITDA	5.47	5.72	5.98	2.67	2.47	2.02
EBIT	54.42	39.61	33.63	36.76	31.95	42.16
EBIT Margin	14.52%	9.47%	8.46%	9.66%	7.76%	9.55%
Effective Tax Rate	17.43%	17.49%	21.48%	21.71%	23.64%	24.44%

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