Onde S.A. (WSE: OND)

Onde S.A. 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	937.92	1,084	1,093	1,217	586.32	380.58
Revenue Growth (YoY)	-12.20%	-0.83%	-10.23%	107.64%	54.06%	43.97%
Cost of Revenue	839.52	976.83	1,020	1,076	529.56	348.51
Gross Profit	98.4	106.99	72.37	140.98	56.76	32.06
Selling, General & Admin	59.82	53.41	50.01	76.8	16.89	13.6
Other Operating Expenses	5.34	5.52	0.4	1.97	-0.64	0.77
Operating Expenses	65.15	58.94	50.41	78.77	16.24	14.36
Operating Income	33.24	48.05	21.96	62.21	40.51	17.7
Interest Expense	-6	-7.52	-6.03	-1.01	-0.84	-0.62
Interest & Investment Income	2.86	1.6	4.69	2.65	1.31	1.7
Earnings From Equity Investments	-1.73	-1.13	-0.77	-0.16	-	-
Currency Exchange Gain (Loss)	0.75	0.75	-6.37	-0.18	0.23	-0.06
Other Non Operating Income (Expenses)	-1.55	-1.55	-1.44	-1.2	-0.16	0.04
EBT Excluding Unusual Items	27.59	40.21	12.04	62.31	41.05	18.76
Gain (Loss) on Sale of Investments	19.09	-	-	-	-	-2.93
Gain (Loss) on Sale of Assets	0.28	0.28	0.18	0.16	0.03	1.55
Legal Settlements	-0.06	-0.06	-0.27	-0	-	0.5
Pretax Income	46.9	40.44	11.95	62.47	41.09	17.88
Income Tax Expense	10.11	7.04	4.77	16.27	8.31	4.19
Net Income	36.79	33.39	7.17	46.2	32.78	13.69
Net Income to Common	36.79	33.39	7.17	46.2	32.78	13.69
Net Income Growth	99.75%	365.47%	-84.47%	40.94%	139.52%	62.35%
Shares Outstanding (Basic)	55	55	55	50	46	46
Shares Outstanding (Diluted)	55	55	55	50	46	46
Shares Change (YoY)	0.09%	-0.38%	8.66%	10.25%	-	-
EPS (Basic)	0.67	0.61	0.13	0.92	0.72	0.30
EPS (Diluted)	0.67	0.61	0.13	0.92	0.72	0.30
EPS Growth	99.56%	367.24%	-85.71%	27.83%	139.52%	62.35%
Free Cash Flow	108.47	139.12	-80.49	-142.16	85.9	38.36
Free Cash Flow Per Share	1.99	2.55	-1.47	-2.82	1.88	0.84
Dividend Per Share	0.310	0.310	-	-	0.710	-
Gross Margin	10.49%	9.87%	6.62%	11.58%	9.68%	8.42%
Operating Margin	3.54%	4.43%	2.01%	5.11%	6.91%	4.65%
Profit Margin	3.92%	3.08%	0.66%	3.79%	5.59%	3.60%
Free Cash Flow Margin	11.56%	12.84%	-7.36%	-11.68%	14.65%	10.08%
EBITDA	42.29	57.12	30.05	68.81	46.18	22.27
EBITDA Margin	4.51%	5.27%	2.75%	5.65%	7.88%	5.85%
D&A For EBITDA	9.04	9.07	8.09	6.6	5.66	4.57
EBIT	33.24	48.05	21.96	62.21	40.51	17.7
EBIT Margin	3.54%	4.43%	2.01%	5.11%	6.91%	4.65%
Effective Tax Rate	21.56%	17.42%	39.95%	26.04%	20.22%	23.45%

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