Lubawa S.A. (WSE:LBW)

Lubawa 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
Revenue	534.75	377.61	332.01	265.43	237.68	258.12
Revenue Growth (YoY)	92.87%	13.74%	25.08%	11.68%	-7.92%	7.75%
Cost of Revenue	321.56	260.33	238.83	186.78	158.44	193.28
Gross Profit	213.2	117.28	93.18	78.65	79.24	64.84
Selling, General & Admin	73.16	61.36	60.14	49.42	40.61	41.9
Other Operating Expenses	2.27	-0.15	4.84	-0.8	-0.76	0.27
Operating Expenses	75.44	61.21	64.98	48.62	39.88	42.21
Operating Income	137.76	56.07	28.19	30.03	39.36	22.63
Interest Expense	-1.45	-2.23	-2.8	-0.91	-1.61	-2.39
Interest & Investment Income	1.03	0.31	0.06	0.1	0.62	0.02
Earnings From Equity Investments	-0	-0.03	-0.04	-0.01	0.02	-0.11
Currency Exchange Gain (Loss)	0.8	0.8	0.5	0.27	0.6	0.43
Other Non Operating Income (Expenses)	-0.88	-0.88	-1.01	-0.71	-1.41	-1.02
EBT Excluding Unusual Items	137.25	54.04	24.89	28.77	37.57	19.55
Gain (Loss) on Sale of Investments	-	-	-	-0.16	-	5.69
Gain (Loss) on Sale of Assets	-0.34	-0.34	-	0.51	-0.21	0.16
Asset Writedown	-	-	-	0.31	1.03	0.1
Other Unusual Items	-	-	-	-	0.1	0
Pretax Income	136.91	53.7	24.89	29.43	38.49	25.51
Income Tax Expense	24.81	8.35	4.51	5.35	7.37	5.22
Earnings From Continuing Operations	112.1	45.35	20.39	24.08	31.12	20.29
Minority Interest in Earnings	0.24	0.26	0.22	0.16	0.19	0.32
Net Income	112.35	45.61	20.61	24.24	31.31	20.61
Net Income to Common	112.35	45.61	20.61	24.24	31.31	20.61
Net Income Growth	3846.15%	121.30%	-14.97%	-22.58%	51.94%	230.79%
Shares Outstanding (Basic)	150	150	150	150	150	109
Shares Outstanding (Diluted)	150	150	150	150	150	150
EPS (Basic)	0.75	0.30	0.14	0.16	0.21	0.19
EPS (Diluted)	0.75	0.30	0.14	0.16	0.21	0.14
EPS Growth	3846.34%	118.74%	-14.28%	-23.20%	48.82%	250.00%
Free Cash Flow	84.63	102.56	-5.14	16.8	11.23	8.7
Free Cash Flow Per Share	0.56	0.68	-0.03	0.11	0.07	0.06
Gross Margin	39.87%	31.06%	28.07%	29.63%	33.34%	25.12%
Operating Margin	25.76%	14.85%	8.49%	11.31%	16.56%	8.77%
Profit Margin	21.01%	12.08%	6.21%	9.13%	13.17%	7.98%
Free Cash Flow Margin	15.83%	27.16%	-1.55%	6.33%	4.72%	3.37%
EBITDA	149.34	67.19	39.4	41.18	49.83	33.47
EBITDA Margin	27.93%	17.79%	11.87%	15.51%	20.96%	12.97%
D&A For EBITDA	11.58	11.12	11.2	11.15	10.46	10.85
EBIT	137.76	56.07	28.19	30.03	39.36	22.63
EBIT Margin	25.76%	14.85%	8.49%	11.31%	16.56%	8.77%
Effective Tax Rate	18.12%	15.54%	18.11%	18.18%	19.14%	20.46%

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