P.A. Nova S.A. (WSE: NVA)

P.A. Nova 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	287.99	350.5	206.1	199.95	153	284.04
Revenue Growth (YoY)	-11.56%	70.06%	3.08%	30.69%	-46.14%	54.76%
Cost of Revenue	227.15	276.75	150.84	150.83	116.39	230.32
Gross Profit	60.84	73.75	55.26	49.12	36.6	53.71
Selling, General & Admin	10.99	10.14	8.86	7.2	6.9	8.47
Other Operating Expenses	-0.02	0.12	1.42	1.11	-0.79	-1.02
Operating Expenses	10.97	10.26	10.29	8.31	6.11	7.44
Operating Income	49.87	63.48	44.98	40.81	30.49	46.27
Interest Expense	-18.21	-17.76	-15.2	-8.95	-8.58	-11.16
Interest & Investment Income	1.88	2.38	1.14	0.91	0.34	7.23
Currency Exchange Gain (Loss)	-0.46	0.05	-1.82	-2.6	-3	-0.84
Other Non Operating Income (Expenses)	-3.84	-4.01	-1.68	-1.42	-0.1	-1.41
EBT Excluding Unusual Items	29.23	44.15	27.42	28.75	19.15	40.1
Gain (Loss) on Sale of Investments	0.41	-	-0.21	-0.09	-0.95	8.43
Gain (Loss) on Sale of Assets	0.12	0.09	0.11	0.03	-0.06	0.53
Asset Writedown	-0.77	-1.27	0.27	-0.62	-0.64	-0.68
Legal Settlements	-0.07	-0.03	-0.2	-0.09	-0.03	-0.09
Other Unusual Items	-	-	-	-	-	-0
Pretax Income	28.94	42.94	27.39	27.98	17.48	48.29
Income Tax Expense	5.81	8.38	5.14	4.65	3.68	11.43
Earnings From Continuing Operations	23.12	34.56	22.25	23.33	13.79	36.85
Minority Interest in Earnings	0.26	0.27	0.67	0.08	0.55	-0.8
Net Income	23.38	34.83	22.93	23.41	14.34	36.05
Net Income to Common	23.38	34.83	22.93	23.41	14.34	36.05
Net Income Growth	-36.24%	51.93%	-2.07%	63.20%	-60.21%	104.02%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	-2.08%	-2.08%	2.32%	0.77%	-0.30%	-
EPS (Basic)	2.32	3.46	2.23	2.33	1.44	3.60
EPS (Diluted)	2.32	3.46	2.23	2.33	1.44	3.60
EPS Growth	-34.88%	55.16%	-4.29%	61.94%	-60.09%	104.02%
Free Cash Flow	29.21	40.06	4.01	-12.22	54.27	-8.34
Free Cash Flow Per Share	2.90	3.98	0.39	-1.22	5.44	-0.83
Dividend Per Share	0.700	0.700	0.650	0.600	-	-
Dividend Growth	7.69%	7.69%	8.33%	-	-	-
Gross Margin	21.13%	21.04%	26.81%	24.57%	23.92%	18.91%
Operating Margin	17.32%	18.11%	21.82%	20.41%	19.93%	16.29%
Profit Margin	8.12%	9.94%	11.12%	11.71%	9.38%	12.69%
Free Cash Flow Margin	10.14%	11.43%	1.94%	-6.11%	35.47%	-2.94%
EBITDA	53.54	65.03	46.43	42.54	35.5	52.91
EBITDA Margin	18.59%	18.55%	22.53%	21.27%	23.20%	18.63%
D&A For EBITDA	3.67	1.54	1.45	1.73	5.01	6.64
EBIT	49.87	63.48	44.98	40.81	30.49	46.27
EBIT Margin	17.32%	18.11%	21.82%	20.41%	19.93%	16.29%
Effective Tax Rate	20.09%	19.52%	18.77%	16.62%	21.08%	23.68%

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