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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	516.94	510.23	377.61	332.01	265.43	237.68
Revenue Growth (YoY)	27.27%	35.12%	13.74%	25.08%	11.68%	-7.92%
Cost of Revenue	313.56	305.31	260.33	238.83	186.78	158.44
Gross Profit	203.39	204.91	117.28	93.18	78.65	79.24
Selling, General & Admin	86.86	83.93	61.36	60.14	49.42	40.61
Other Operating Expenses	4.72	4.44	-0.15	4.84	-0.8	-0.76
Operating Expenses	91.58	88.37	61.21	64.98	48.62	39.88
Operating Income	111.81	116.54	56.07	28.19	30.03	39.36
Interest Expense	-0.91	-0.9	-2.23	-2.8	-0.91	-1.61
Interest & Investment Income	3.79	3.79	0.31	0.06	0.1	0.62
Earnings From Equity Investments	0.02	0	-0.03	-0.04	-0.01	0.02
Currency Exchange Gain (Loss)	0.16	0.16	0.8	0.5	0.27	0.6
Other Non Operating Income (Expenses)	2.78	1.79	-0.88	-1.01	-0.71	-1.41
EBT Excluding Unusual Items	117.65	121.38	54.04	24.89	28.77	37.57
Gain (Loss) on Sale of Investments	-	-	-	-	-0.16	-
Gain (Loss) on Sale of Assets	-0.29	-0.29	-0.34	-	0.51	-0.21
Asset Writedown	-	-	-	-	0.31	1.03
Other Unusual Items	-	-	-	-	-	0.1
Pretax Income	117.36	121.09	53.7	24.89	29.43	38.49
Income Tax Expense	20.12	20.57	8.35	4.51	5.35	7.37
Earnings From Continuing Operations	97.24	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	97.51	100.8	45.61	20.61	24.24	31.31
Net Income to Common	97.51	100.8	45.61	20.61	24.24	31.31
Net Income Growth	67.28%	121.01%	121.30%	-14.97%	-22.58%	51.94%
Shares Outstanding (Basic)	149	150	150	150	150	150
Shares Outstanding (Diluted)	149	150	150	150	150	150
EPS (Basic)	0.65	0.67	0.30	0.14	0.16	0.21
EPS (Diluted)	0.65	0.67	0.30	0.14	0.16	0.21
EPS Growth	67.78%	123.33%	118.74%	-14.28%	-23.20%	48.82%
Free Cash Flow	113.69	150.91	102.56	-5.14	16.8	11.23
Free Cash Flow Per Share	0.76	1.00	0.68	-0.03	0.11	0.07
Gross Margin	39.34%	40.16%	31.06%	28.07%	29.63%	33.34%
Operating Margin	21.63%	22.84%	14.85%	8.49%	11.31%	16.56%
Profit Margin	18.86%	19.75%	12.08%	6.21%	9.13%	13.17%
Free Cash Flow Margin	21.99%	29.58%	27.16%	-1.55%	6.33%	4.72%
EBITDA	123.27	127.56	66.56	39.4	41.18	49.83
EBITDA Margin	23.84%	25.00%	17.63%	11.87%	15.51%	20.96%
D&A For EBITDA	11.46	11.02	10.5	11.2	11.15	10.46
EBIT	111.81	116.54	56.07	28.19	30.03	39.36
EBIT Margin	21.63%	22.84%	14.85%	8.49%	11.31%	16.56%
Effective Tax Rate	17.14%	16.98%	15.54%	18.11%	18.18%	19.14%

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