NTT System S.A. (WSE: NTT)

NTT System 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,578	1,657	1,246	1,152	790.99	539.08
Revenue Growth (YoY)	18.66%	33.05%	8.11%	45.68%	46.73%	39.82%
Cost of Revenue	1,476	1,563	1,177	1,089	747.96	506.97
Gross Profit	101.93	94.89	68.6	62.96	43.03	32.11
Selling, General & Admin	71.11	67.49	43.16	43.85	32.95	25.37
Other Operating Expenses	-3.64	-5.01	-4.72	-6.12	-4.89	-0.96
Operating Expenses	67.6	62.6	38.54	38.59	28.33	24.42
Operating Income	34.32	32.28	30.06	24.37	14.7	7.7
Interest Expense	-11.09	-11.6	-8.07	-2.88	-1.19	-1.07
Interest & Investment Income	0.03	0.07	1.15	0.01	0.01	0.64
Currency Exchange Gain (Loss)	5.53	12.32	-1.26	0.84	-1.83	0.16
Other Non Operating Income (Expenses)	-0.32	-0.32	-0.44	-	-	-0.02
EBT Excluding Unusual Items	28.47	32.75	21.45	22.34	11.69	7.4
Gain (Loss) on Sale of Investments	0.3	-0.85	-	-	0.09	-
Gain (Loss) on Sale of Assets	-	-	0.01	0.03	0	0.04
Asset Writedown	-0.91	-0.89	-1.33	-1.39	-1.29	-1.68
Legal Settlements	-0.98	-1.11	0.24	0.3	0.18	0.04
Pretax Income	26.88	29.9	20.37	21.27	10.67	5.8
Income Tax Expense	5.66	5.34	3.87	3.36	2.12	1.1
Net Income	21.23	24.56	16.5	17.91	8.55	4.7
Net Income to Common	21.23	24.56	16.5	17.91	8.55	4.7
Net Income Growth	8.33%	48.81%	-7.85%	109.52%	82.01%	0.17%
Shares Outstanding (Basic)	14	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14	14
Shares Change (YoY)	-	-	-0.01%	-0.01%	-0.18%	-0.66%
EPS (Basic)	1.57	1.81	1.22	1.32	0.63	0.35
EPS (Diluted)	1.56	1.81	1.22	1.32	0.63	0.34
EPS Growth	7.86%	48.59%	-7.72%	109.52%	85.29%	0.00%
Free Cash Flow	27.87	15.48	-15.85	30.31	-20.83	13.57
Free Cash Flow Per Share	2.06	1.14	-1.17	2.24	-1.54	1.00
Dividend Per Share	0.150	0.150	0.070	0.030	0.150	0.070
Dividend Growth	114.29%	114.29%	133.33%	-80.00%	114.29%	-36.36%
Gross Margin	6.46%	5.72%	5.51%	5.46%	5.44%	5.96%
Operating Margin	2.17%	1.95%	2.41%	2.11%	1.86%	1.43%
Profit Margin	1.34%	1.48%	1.32%	1.55%	1.08%	0.87%
Free Cash Flow Margin	1.77%	0.93%	-1.27%	2.63%	-2.63%	2.52%
EBITDA	34.98	32.86	30.91	25.15	15.24	8.18
EBITDA Margin	2.22%	1.98%	2.48%	2.18%	1.93%	1.52%
D&A For EBITDA	0.66	0.57	0.85	0.78	0.54	0.48
EBIT	34.32	32.28	30.06	24.37	14.7	7.7
EBIT Margin	2.17%	1.95%	2.41%	2.11%	1.86%	1.43%
Effective Tax Rate	21.04%	17.86%	18.98%	15.80%	19.86%	18.96%

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