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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	572.43	587.4	628.36	496.03	386.19	396.07
Revenue Growth (YoY)	-11.33%	-6.52%	26.68%	28.44%	-2.49%	6.78%
Cost of Revenue	421.39	434.33	472.16	379.22	280.97	292.56
Gross Profit	151.04	153.08	156.19	116.81	105.21	103.51
Selling, General & Admin	97.02	94.84	88.57	74.17	64.06	68.22
Other Operating Expenses	2.18	1.41	0.2	-0.08	1.6	0.2
Operating Expenses	99.16	96.04	88.53	74.5	67.8	71.8
Operating Income	51.87	57.04	67.66	42.31	37.41	31.71
Interest Expense	-5.74	-6.09	-7.8	-2.92	-2.19	-3.25
Interest & Investment Income	6.08	6.12	0.88	0.87	0.08	0.14
Earnings From Equity Investments	-0.88	-0.59	-1.9	-0.71	-	-
Currency Exchange Gain (Loss)	1.59	3.48	1.08	0.04	0.2	0.17
Other Non Operating Income (Expenses)	-0.1	-0.62	-0.57	-0.53	-1	-1.22
EBT Excluding Unusual Items	52.82	59.34	59.35	39.07	34.5	27.55
Gain (Loss) on Sale of Assets	0.83	0.81	1.15	0.64	0.39	1.07
Asset Writedown	-0.76	-0.76	-	-	-	0.16
Legal Settlements	0.03	0.01	-0.08	0.1	0.06	0.09
Other Unusual Items	-	-	0.01	0.98	0.1	0.54
Pretax Income	52.91	59.39	60.44	40.79	35.05	29.4
Income Tax Expense	6.24	6.62	13.22	8.31	5.53	6.04
Earnings From Continuing Operations	46.67	52.77	47.22	32.48	29.52	23.36
Net Income to Company	46.67	52.77	47.22	32.48	29.52	23.36
Minority Interest in Earnings	-3.02	-3.46	-5.52	-2.69	-2.67	-1.8
Net Income	43.65	49.31	41.7	29.79	26.85	21.57
Net Income to Common	43.65	49.31	41.7	29.79	26.85	21.57
Net Income Growth	2.24%	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)	-0.59%	-0.64%	-0.24%	-0.16%	-0.33%	-1.64%
EPS (Basic)	2.83	3.19	2.68	1.91	1.72	1.38
EPS (Diluted)	2.83	3.19	2.68	1.91	1.72	1.38
EPS Growth	2.95%	19.03%	40.31%	11.01%	24.94%	46.51%
Free Cash Flow	45.03	28.86	53.11	-6.58	24.87	29.56
Free Cash Flow Per Share	2.92	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	26.39%	26.06%	24.86%	23.55%	27.24%	26.13%
Operating Margin	9.06%	9.71%	10.77%	8.53%	9.69%	8.01%
Profit Margin	7.62%	8.39%	6.64%	6.01%	6.95%	5.44%
Free Cash Flow Margin	7.87%	4.91%	8.45%	-1.33%	6.44%	7.46%
EBITDA	60.57	65.87	74.27	45.53	42.07	37.2
EBITDA Margin	10.58%	11.21%	11.82%	9.18%	10.89%	9.39%
D&A For EBITDA	8.7	8.83	6.61	3.22	4.66	5.5
EBIT	51.87	57.04	67.66	42.31	37.41	31.71
EBIT Margin	9.06%	9.71%	10.77%	8.53%	9.69%	8.01%
Effective Tax Rate	11.80%	11.15%	21.87%	20.37%	15.78%	20.54%

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