Sopharma AD (WSE:SPH)

Sopharma AD Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,121	1,875	1,663	1,603	1,439
Other Revenue	18.57	13.53	8.5	8.04	7.31
Revenue	2,139	1,889	1,672	1,611	1,446
Revenue Growth (YoY)	13.27%	13.00%	3.73%	11.42%	12.27%
Cost of Revenue	1,675	1,470	1,306	1,264	1,131
Gross Profit	464.42	418.52	365.37	346.96	315.22
Selling, General & Admin	306.58	251.19	215.55	221.99	213.25
Other Operating Expenses	20	18	11.76	7.3	11.84
Operating Expenses	388.14	325.22	279.51	285.48	271.87
Operating Income	76.28	93.31	85.86	61.48	43.35
Interest Expense	-12.87	-10.98	-6.02	-10.79	-12.41
Interest & Investment Income	2.94	3.42	3.19	4.87	5.23
Earnings From Equity Investments	25.72	24.47	22.64	12.09	5.98
Currency Exchange Gain (Loss)	-5.76	-1.39	-0.13	2.29	-7.41
Other Non Operating Income (Expenses)	2.41	-2.55	-3.19	-0.94	-0.76
EBT Excluding Unusual Items	88.72	106.28	102.35	69	33.98
Impairment of Goodwill	-	-	-9.6	-	-3.5
Gain (Loss) on Sale of Investments	0.1	0.95	-1.59	0.15	0.09
Gain (Loss) on Sale of Assets	1.33	4.53	1.95	38.01	0.41
Asset Writedown	-0.42	-1.44	-8.46	-10.34	-2.32
Legal Settlements	-	-	-	-	0.17
Other Unusual Items	1.73	0.87	0.43	0.75	2.61
Pretax Income	91.46	111.2	85.08	97.57	31.44
Income Tax Expense	9.07	11.32	8.74	5.87	6.16
Earnings From Continuing Operations	82.4	99.87	76.33	91.7	25.28
Minority Interest in Earnings	-4.55	-3.9	-5.21	-2.21	4.53
Net Income	77.85	95.98	71.12	89.5	29.81
Net Income to Common	77.85	95.98	71.12	89.5	29.81
Net Income Growth	-18.89%	34.95%	-20.53%	200.27%	-65.74%
Shares Outstanding (Basic)	164	131	121	125	126
Shares Outstanding (Diluted)	165	138	125	125	126
Shares Change (YoY)	19.22%	10.64%	-0.36%	-0.31%	-0.11%
EPS (Basic)	0.47	0.73	0.59	0.71	0.24
EPS (Diluted)	0.47	0.69	0.57	0.71	0.24
EPS Growth	-31.88%	21.05%	-19.72%	199.57%	-65.70%
Free Cash Flow	43.25	20.64	90.74	-96.31	-202.96
Free Cash Flow Per Share	0.26	0.15	0.73	-0.77	-1.61
Dividend Per Share	-	0.990	0.600	-	-
Dividend Growth	-	65.00%	-	-	-
Gross Margin	21.71%	22.16%	21.86%	21.53%	21.80%
Operating Margin	3.57%	4.94%	5.14%	3.82%	3.00%
Profit Margin	3.64%	5.08%	4.25%	5.55%	2.06%
Free Cash Flow Margin	2.02%	1.09%	5.43%	-5.98%	-14.03%
EBITDA	112.85	127.86	118.97	93.85	74.19
EBITDA Margin	5.27%	6.77%	7.12%	5.82%	5.13%
D&A For EBITDA	36.57	34.56	33.11	32.37	30.84
EBIT	76.28	93.31	85.86	61.48	43.35
EBIT Margin	3.57%	4.94%	5.14%	3.82%	3.00%
Effective Tax Rate	9.91%	10.18%	10.28%	6.02%	19.60%
Advertising Expenses	1.98	2.27	22.06	27.41	28.5

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