Fabryka Farb i Lakierów Sniezka SA (WSE: SKA)

SKA 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	825.88	857.77	791.69	794.86	821.33	717.08
Revenue Growth (YoY)	0.37%	8.35%	-0.40%	-3.22%	14.54%	22.21%
Cost of Revenue	433.07	473.57	487.45	479.61	475.67	413.42
Gross Profit	392.81	384.2	304.23	315.26	345.66	303.66
Selling, General & Admin	280.65	264.14	235.44	240.01	241.12	219.18
Other Operating Expenses	3.12	-0.83	-0.21	0.48	1.95	5.19
Operating Expenses	283.77	263.31	235.23	240.5	243.07	224.37
Operating Income	109.04	120.89	69	74.76	102.59	79.3
Interest Expense	-23.33	-24.91	-21.91	-2.13	-2.52	-2.78
Interest & Investment Income	4.42	4.21	1.15	0.7	1.04	1.15
Earnings From Equity Investments	0.4	0.37	0.13	0.38	0.55	0.37
Currency Exchange Gain (Loss)	0.34	0.34	4.22	2.41	2.37	1.25
EBT Excluding Unusual Items	90.86	100.9	52.59	76.12	104.03	79.29
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.01
Gain (Loss) on Sale of Assets	2.25	2.25	2.29	0.81	0.08	0.44
Asset Writedown	-1.14	-1.14	-1.77	-	-	-0.59
Other Unusual Items	-1	-1	-0.11	-0.11	-0.13	-0.18
Pretax Income	90.97	101.01	53.01	76.81	103.98	78.95
Income Tax Expense	17.08	17.53	11.74	12.47	17.79	16.31
Earnings From Continuing Operations	73.89	83.48	41.27	64.34	86.19	62.65
Minority Interest in Earnings	-4.56	-5.85	-4.59	-4.64	-8.23	-3.14
Net Income	69.33	77.63	36.68	59.71	77.96	59.5
Net Income to Common	69.33	77.63	36.68	59.71	77.96	59.5
Net Income Growth	25.95%	111.63%	-38.56%	-23.42%	31.02%	-3.45%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
EPS (Basic)	5.49	6.15	2.91	4.73	6.18	4.72
EPS (Diluted)	5.49	6.15	2.91	4.73	6.18	4.72
EPS Growth	25.85%	111.53%	-38.53%	-23.45%	31.02%	-3.36%
Free Cash Flow	57.41	115.97	44.89	13.64	-6.15	11.18
Free Cash Flow Per Share	4.55	9.19	3.56	1.08	-0.49	0.89
Dividend Per Share	3.170	3.170	2.000	2.500	3.600	2.600
Dividend Growth	58.50%	58.50%	-20.00%	-30.56%	38.46%	0%
Gross Margin	47.56%	44.79%	38.43%	39.66%	42.09%	42.35%
Operating Margin	13.20%	14.09%	8.72%	9.41%	12.49%	11.06%
Profit Margin	8.39%	9.05%	4.63%	7.51%	9.49%	8.30%
Free Cash Flow Margin	6.95%	13.52%	5.67%	1.72%	-0.75%	1.56%
EBITDA	146.22	159	105.46	110.44	136.02	107.1
EBITDA Margin	17.70%	18.54%	13.32%	13.89%	16.56%	14.94%
D&A For EBITDA	37.18	38.1	36.46	35.68	33.43	27.81
EBIT	109.04	120.89	69	74.76	102.59	79.3
EBIT Margin	13.20%	14.09%	8.72%	9.41%	12.49%	11.06%
Effective Tax Rate	18.78%	17.36%	22.15%	16.23%	17.11%	20.65%

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