Newag S.A. (WSE: NWG)

Newag 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	1,684	1,231	963.86	917.55	1,320	896.09
Revenue Growth (YoY)	65.24%	27.73%	5.05%	-30.49%	47.32%	-12.28%
Cost of Revenue	1,343	969.68	815.59	745.17	962.47	688.14
Gross Profit	340.86	261.42	148.27	172.38	357.62	207.94
Selling, General & Admin	139.39	118.64	99.41	94.72	90.89	79.11
Other Operating Expenses	12.02	-2.23	-5.12	-5.66	-3.55	-1.29
Operating Expenses	152.19	117.19	94.3	89.05	87.35	77.92
Operating Income	188.66	144.24	53.97	83.33	270.27	130.02
Interest Expense	-23.42	-28.49	-34.36	-10.41	-14.06	-16.41
Interest & Investment Income	0.05	4.24	1.88	2.05	2.63	3.4
Currency Exchange Gain (Loss)	0.82	-	0.85	-2.16	0.65	-0.68
Other Non Operating Income (Expenses)	6.83	-4.58	-0.31	-3.77	-5.1	-6.18
EBT Excluding Unusual Items	172.94	115.41	22.04	69.04	254.39	110.15
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.1
Gain (Loss) on Sale of Assets	0.12	1.96	0.86	9.02	-1.46	0.09
Asset Writedown	-4.45	-4.45	-1.55	-4.93	-14.32	-
Legal Settlements	0.08	0.08	0.31	0.05	-0.18	-0.34
Other Unusual Items	-	-	-	6.21	-	0.12
Pretax Income	168.69	113	21.66	79.38	238.43	109.92
Income Tax Expense	22.79	17.92	-1.08	8.11	19.49	18.37
Earnings From Continuing Operations	145.9	95.08	22.75	71.27	218.94	91.55
Earnings From Discontinued Operations	-	-	-	-	-	-1.88
Net Income to Company	145.9	95.08	22.75	71.27	218.94	89.67
Minority Interest in Earnings	-0.49	0.1	0.01	0.39	-0.28	-0.18
Net Income	145.41	95.18	22.76	71.66	218.66	89.49
Net Income to Common	145.41	95.18	22.76	71.66	218.66	89.49
Net Income Growth	130.95%	318.18%	-68.24%	-67.23%	144.33%	-4.14%
Shares Outstanding (Basic)	-	45	45	45	45	45
Shares Outstanding (Diluted)	-	45	45	45	45	45
EPS (Basic)	-	2.12	0.51	1.59	4.86	1.99
EPS (Diluted)	-	2.11	0.51	1.59	4.86	1.99
EPS Growth	-	317.16%	-68.24%	-67.23%	144.39%	-4.16%
Free Cash Flow	318.35	694.48	-7.18	137.15	198.24	-15.08
Free Cash Flow Per Share	-	15.43	-0.16	3.05	4.41	-0.34
Dividend Per Share	0.960	0.960	-	0.250	1.500	1.000
Dividend Growth	-	-	-	-83.33%	50.00%	33.33%
Gross Margin	20.25%	21.23%	15.38%	18.79%	27.09%	23.21%
Operating Margin	11.21%	11.72%	5.60%	9.08%	20.47%	14.51%
Profit Margin	8.64%	7.73%	2.36%	7.81%	16.56%	9.99%
Free Cash Flow Margin	18.91%	56.41%	-0.74%	14.95%	15.02%	-1.68%
EBITDA	221.01	172.93	81.76	111.78	295.33	151.85
EBITDA Margin	13.13%	14.05%	8.48%	12.18%	22.37%	16.95%
D&A For EBITDA	32.35	28.7	27.79	28.45	25.06	21.83
EBIT	188.66	144.24	53.97	83.33	270.27	130.02
EBIT Margin	11.21%	11.72%	5.60%	9.08%	20.47%	14.51%
Effective Tax Rate	13.51%	15.86%	-	10.22%	8.17%	16.71%

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