Starhedge S.A. (WSE: SHG)

Starhedge Income Statement

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

Fiscal Year	TTM	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Sep 30, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Operating Revenue	40.78	39.99	31.58	40.36	37.77	4.44
Revenue	40.78	39.99	31.58	40.36	37.77	4.44
Revenue Growth (YoY)	1.46%	26.65%	-21.76%	6.86%	750.23%	44318.98%
Cost of Revenue	16.89	18.98	12.36	16.79	27.15	2.69
Gross Profit	23.88	21.01	19.21	23.57	10.62	1.75
Selling, General & Admin	18.14	15.16	14.17	14.79	4.46	1.7
Other Operating Expenses	1.54	1.79	1.05	1.82	0.92	0.64
Operating Expenses	20.9	18.13	16.21	17.15	5.46	2.37
Operating Income	2.99	2.89	3.01	6.42	5.16	-0.61
Interest Expense	-1.02	-0.65	-0.87	-0.85	-0.59	-0.09
Interest & Investment Income	0.31	0.22	0.2	0.2	0.07	0
Currency Exchange Gain (Loss)	-0.06	-0.06	-	-0.03	-0.02	-
Other Non Operating Income (Expenses)	0.03	-0	-0.04	-0.08	-	-0.06
EBT Excluding Unusual Items	2.25	2.39	2.3	5.66	4.61	-0.76
Impairment of Goodwill	-	-	-	-0.13	-	0.05
Gain (Loss) on Sale of Investments	-1.91	-2.02	0.29	-0.6	-	0.77
Gain (Loss) on Sale of Assets	2.47	-	0	-0.27	-0.01	0
Asset Writedown	0.04	-	-	-	-	0.08
Legal Settlements	-0.07	-0.12	-0.01	-	-0	-
Other Unusual Items	0.01	1.28	0.2	-	-	0.02
Pretax Income	2.78	1.53	2.79	4.66	4.6	0.16
Income Tax Expense	-0.09	0.22	-0.01	0.65	0.38	-0.37
Earnings From Continuing Operations	2.87	1.32	2.79	4.01	4.23	0.53
Net Income to Company	2.87	1.32	2.79	4.01	4.23	0.53
Minority Interest in Earnings	-0.35	-0.57	-0.33	-0.87	0.03	-
Net Income	2.52	0.74	2.47	3.14	4.26	0.53
Net Income to Common	2.52	0.74	2.47	3.14	4.26	0.53
Net Income Growth	-10.30%	-69.87%	-21.49%	-26.22%	697.84%	105.17%
Shares Outstanding (Basic)	104	88	88	88	88	88
Shares Outstanding (Diluted)	104	88	88	88	88	88
Shares Change (YoY)	17.85%	-	-	-	-	1134.42%
EPS (Basic)	0.02	0.01	0.03	0.04	0.05	0.01
EPS (Diluted)	0.02	0.01	0.03	0.04	0.05	0.01
EPS Growth	-23.88%	-69.87%	-21.49%	-26.23%	697.84%	-83.38%
Free Cash Flow	0.48	0.45	0.42	12.59	8.28	-3.81
Free Cash Flow Per Share	0.00	0.01	0.00	0.14	0.09	-0.04
Gross Margin	58.57%	52.54%	60.85%	58.40%	28.12%	39.48%
Operating Margin	7.33%	7.22%	9.52%	15.91%	13.65%	-13.83%
Profit Margin	6.18%	1.86%	7.81%	7.78%	11.27%	12.01%
Free Cash Flow Margin	1.17%	1.13%	1.32%	31.20%	21.92%	-85.68%
EBITDA	4.24	4.11	3.99	6.95	5.23	-0.59
EBITDA Margin	10.41%	10.28%	12.64%	17.23%	13.86%	-13.33%
D&A For EBITDA	1.26	1.22	0.98	0.54	0.08	0.02
EBIT	2.99	2.89	3.01	6.42	5.16	-0.61
EBIT Margin	7.33%	7.22%	9.52%	15.91%	13.65%	-13.83%
Effective Tax Rate	-	14.15%	-	13.96%	8.15%	-
Revenue as Reported	-	-	-	44.77	37.73	4.39

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