Polaris IT Group Income Statement

Financials in millions PLN. Fiscal year is January - December.

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	20.74	35.58	44.77	119.85	144.31
Revenue Growth (YoY)	-41.72%	-20.53%	-62.65%	-16.95%	41462.73%
Cost of Revenue	7.37	13.95	15.34	61.93	103.58
Gross Profit	13.37	21.63	29.43	57.93	40.73
Selling, General & Admin	9.29	12.51	20.16	40.59	33.32
Other Operating Expenses	0.95	0.1	1.31	5.19	0.24
Operating Expenses	16.37	19.78	26.61	48	35
Operating Income	-3.01	1.85	2.81	9.93	5.72
Interest Expense	-0.6	-	-0.02	-0.01	-0.72
Interest & Investment Income	-	-	0	-	-
Other Non Operating Income (Expenses)	0.11	-0.03	0.48	-1.13	-2.69
EBT Excluding Unusual Items	-3.5	1.82	3.27	8.79	2.31
Impairment of Goodwill	-0.48	-	-	-	-
Gain (Loss) on Sale of Investments	-	-0.59	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.01
Pretax Income	-3.98	1.23	3.27	8.79	2.32
Income Tax Expense	0.04	0.19	0.3	0.31	0.02
Net Income	-4.02	1.04	2.97	8.48	2.3
Net Income to Common	-4.02	1.04	2.97	8.48	2.3
Net Income Growth	-	-64.91%	-64.93%	268.22%	1338.18%
Shares Outstanding (Basic)	61	58	58	58	58
Shares Outstanding (Diluted)	61	58	58	58	58
Shares Change (YoY)	4.73%	-	-	-	1762.82%
EPS (Basic)	-0.07	0.02	0.05	0.15	0.04
EPS (Diluted)	-0.07	0.02	0.05	0.15	0.04
EPS Growth	-	-64.91%	-64.93%	268.23%	-22.80%
Free Cash Flow	-7.72	-0.1	-4.75	-1.93	-5.72
Free Cash Flow Per Share	-0.13	-0.00	-0.08	-0.03	-0.10
Gross Margin	64.46%	60.80%	65.73%	48.33%	28.22%
Operating Margin	-14.50%	5.20%	6.28%	8.28%	3.97%
Profit Margin	-19.38%	2.93%	6.64%	7.08%	1.60%
Free Cash Flow Margin	-37.23%	-0.28%	-10.62%	-1.61%	-3.96%
EBITDA	3.12	9.51	8.44	12.62	7.17
EBITDA Margin	15.07%	26.72%	18.85%	10.53%	4.97%
D&A For EBITDA	6.13	7.66	5.63	2.7	1.44
EBIT	-3.01	1.85	2.81	9.93	5.72
EBIT Margin	-14.50%	5.20%	6.28%	8.28%	3.97%
Effective Tax Rate	-	15.41%	9.09%	3.49%	0.87%
Revenue as Reported	20.74	35.58	44.77	115.91	144.31

Source: S&P Global Market Intelligence. Standard template. Financial Sources.