Lubawa S.A. (WSE:LBW)

Lubawa 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	617.28	510.23	377.61	332.01	265.43	237.68
Revenue Growth (YoY)	39.25%	35.12%	13.74%	25.08%	11.68%	-7.92%
Cost of Revenue	369.58	305.31	260.33	238.83	186.78	158.44
Gross Profit	247.7	204.91	117.28	93.18	78.65	79.24
Selling, General & Admin	92.35	83.93	61.36	60.14	49.42	40.61
Other Operating Expenses	4.57	4.44	-0.15	4.84	-0.8	-0.76
Operating Expenses	96.93	88.37	61.21	64.98	48.62	39.88
Operating Income	150.78	116.54	56.07	28.19	30.03	39.36
Interest Expense	-0.9	-0.9	-2.23	-2.8	-0.91	-1.61
Interest & Investment Income	7.09	3.79	0.31	0.06	0.1	0.62
Earnings From Equity Investments	0.01	0	-0.03	-0.04	-0.01	0.02
Currency Exchange Gain (Loss)	-0.54	0.16	0.8	0.5	0.27	0.6
Other Non Operating Income (Expenses)	0.34	1.79	-0.88	-1.01	-0.71	-1.41
EBT Excluding Unusual Items	156.78	121.38	54.04	24.89	28.77	37.57
Gain (Loss) on Sale of Investments	-	-	-	-	-0.16	-
Gain (Loss) on Sale of Assets	-0.06	-0.29	-0.34	-	0.51	-0.21
Asset Writedown	-	-	-	-	0.31	1.03
Other Unusual Items	-	-	-	-	-	0.1
Pretax Income	156.72	121.09	53.7	24.89	29.43	38.49
Income Tax Expense	29.14	20.57	8.35	4.51	5.35	7.37
Earnings From Continuing Operations	127.58	100.52	45.35	20.39	24.08	31.12
Minority Interest in Earnings	0.27	0.28	0.26	0.22	0.16	0.19
Net Income	127.84	100.8	45.61	20.61	24.24	31.31
Net Income to Common	127.84	100.8	45.61	20.61	24.24	31.31
Net Income Growth	78.24%	121.01%	121.30%	-14.97%	-22.58%	51.94%
Shares Outstanding (Basic)	150	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150	150
EPS (Basic)	0.85	0.67	0.30	0.14	0.16	0.21
EPS (Diluted)	0.85	0.67	0.30	0.14	0.16	0.21
EPS Growth	79.16%	123.33%	118.74%	-14.28%	-23.20%	48.82%
Free Cash Flow	89.55	150.91	102.56	-5.14	16.8	11.23
Free Cash Flow Per Share	0.60	1.00	0.68	-0.03	0.11	0.07
Gross Margin	40.13%	40.16%	31.06%	28.07%	29.63%	33.34%
Operating Margin	24.43%	22.84%	14.85%	8.49%	11.31%	16.56%
Profit Margin	20.71%	19.75%	12.08%	6.21%	9.13%	13.17%
Free Cash Flow Margin	14.51%	29.58%	27.16%	-1.55%	6.33%	4.72%
EBITDA	162.66	127.56	66.56	39.4	41.18	49.83
EBITDA Margin	26.35%	25.00%	17.63%	11.87%	15.51%	20.96%
D&A For EBITDA	11.88	11.02	10.5	11.2	11.15	10.46
EBIT	150.78	116.54	56.07	28.19	30.03	39.36
EBIT Margin	24.43%	22.84%	14.85%	8.49%	11.31%	16.56%
Effective Tax Rate	18.59%	16.98%	15.54%	18.11%	18.18%	19.14%

Updated Nov 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.