Mercor S.A. (WSE: MCR)

Mercor Income Statement

Financials in millions PLN. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	561.83	587.4	628.36	496.03	386.19	396.07
Revenue Growth (YoY)	-6.71%	-6.52%	26.68%	28.44%	-2.49%	6.78%
Cost of Revenue	412.82	434.33	472.16	379.22	280.97	292.56
Gross Profit	149.02	153.08	156.19	116.81	105.21	103.51
Selling, General & Admin	100.56	94.84	88.57	74.17	64.06	68.22
Other Operating Expenses	1.67	1.41	0.2	-0.08	1.6	0.2
Operating Expenses	102.9	96.04	88.53	74.5	67.8	71.8
Operating Income	46.11	57.04	67.66	42.31	37.41	31.71
Interest Expense	-5.69	-6.09	-7.8	-2.92	-2.19	-3.25
Interest & Investment Income	0.9	6.12	0.88	0.87	0.08	0.14
Earnings From Equity Investments	-0.44	-0.59	-1.9	-0.71	-	-
Currency Exchange Gain (Loss)	3.11	3.48	1.08	0.04	0.2	0.17
Other Non Operating Income (Expenses)	-0.39	-0.62	-0.57	-0.53	-1	-1.22
EBT Excluding Unusual Items	43.61	59.34	59.35	39.07	34.5	27.55
Gain (Loss) on Sale of Assets	0.36	0.81	1.15	0.64	0.39	1.07
Asset Writedown	-0.76	-0.76	-	-	-	0.16
Legal Settlements	-0.1	0.01	-0.08	0.1	0.06	0.09
Other Unusual Items	0.01	-	0.01	0.98	0.1	0.54
Pretax Income	43.11	59.39	60.44	40.79	35.05	29.4
Income Tax Expense	9.32	6.62	13.22	8.31	5.53	6.04
Earnings From Continuing Operations	33.79	52.77	47.22	32.48	29.52	23.36
Net Income to Company	33.79	52.77	47.22	32.48	29.52	23.36
Minority Interest in Earnings	-3.01	-3.46	-5.52	-2.69	-2.67	-1.8
Net Income	30.78	49.31	41.7	29.79	26.85	21.57
Net Income to Common	30.78	49.31	41.7	29.79	26.85	21.57
Net Income Growth	-39.44%	18.26%	39.97%	10.93%	24.52%	44.11%
Shares Outstanding (Basic)	15	15	16	16	16	16
Shares Outstanding (Diluted)	15	15	16	16	16	16
Shares Change (YoY)	-1.04%	-0.64%	-0.24%	-0.16%	-0.33%	-1.64%
EPS (Basic)	2.01	3.19	2.68	1.91	1.72	1.38
EPS (Diluted)	2.00	3.19	2.68	1.91	1.72	1.38
EPS Growth	-39.02%	19.03%	40.31%	11.01%	24.94%	46.51%
Free Cash Flow	31.24	28.86	53.11	-6.58	24.87	29.56
Free Cash Flow Per Share	2.04	1.87	3.42	-0.42	1.59	1.89
Dividend Per Share	-	-	1.510	0.630	0.570	-
Dividend Growth	-	-	139.68%	10.53%	-	-
Gross Margin	26.52%	26.06%	24.86%	23.55%	27.24%	26.13%
Operating Margin	8.21%	9.71%	10.77%	8.53%	9.69%	8.01%
Profit Margin	5.48%	8.39%	6.64%	6.01%	6.95%	5.44%
Free Cash Flow Margin	5.56%	4.91%	8.45%	-1.33%	6.44%	7.46%
EBITDA	55	65.87	74.27	45.53	42.07	37.2
EBITDA Margin	9.79%	11.21%	11.82%	9.18%	10.89%	9.39%
D&A For EBITDA	8.88	8.83	6.61	3.22	4.66	5.5
EBIT	46.11	57.04	67.66	42.31	37.41	31.71
EBIT Margin	8.21%	9.71%	10.77%	8.53%	9.69%	8.01%
Effective Tax Rate	21.61%	11.15%	21.87%	20.37%	15.78%	20.54%

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