Seco/Warwick S.A. (WSE:SWG)

Seco/Warwick Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	717.64	712.83	683.66	622.73	463.2	389.48
Revenue Growth (YoY)	3.32%	4.27%	9.78%	34.44%	18.93%	-13.74%
Cost of Revenue	567.33	564.04	530.32	484.79	360.67	304.56
Gross Profit	150.31	148.79	153.34	137.94	102.53	84.92
Selling, General & Admin	117.61	114.7	112.6	94.7	76.29	73.77
Other Operating Expenses	0.66	0.93	-0.2	1.48	0.45	-0.01
Operating Expenses	119.59	116.95	113.17	98.22	77.75	72.73
Operating Income	30.72	31.84	40.18	39.73	24.78	12.19
Interest Expense	-9.57	-8.84	-8.69	-6.19	-1.73	-1.84
Interest & Investment Income	1.25	1.27	0.59	0.42	0.29	0.36
Earnings From Equity Investments	-0.09	-0.16	-0.23	-0.48	-0.24	0.15
Currency Exchange Gain (Loss)	-1.88	-0.88	-9.28	2.62	0.82	3.15
Other Non Operating Income (Expenses)	5.32	4.59	7.39	-5.08	-3.69	-3.7
EBT Excluding Unusual Items	25.74	27.82	29.95	31.01	20.22	10.31
Gain (Loss) on Sale of Assets	0.09	0.25	0.74	2.19	-0.51	0.3
Asset Writedown	0.02	-	-0.29	-	-	0.01
Legal Settlements	-1.48	-1.62	-0.12	-0.05	-0.58	-0.18
Other Unusual Items	1.5	1.28	-	0.19	0.33	6.72
Pretax Income	25.86	27.74	30.27	33.34	19.45	17.15
Income Tax Expense	1.96	3.05	-6.23	1.28	2.15	3.04
Earnings From Continuing Operations	23.9	24.69	36.5	32.06	17.31	14.12
Net Income to Company	23.9	24.69	36.5	32.06	17.31	14.12
Minority Interest in Earnings	-0.36	-0.36	-1.1	-1.44	-0.4	-0.34
Net Income	23.55	24.33	35.41	30.62	16.91	13.77
Net Income to Common	23.55	24.33	35.41	30.62	16.91	13.77
Net Income Growth	-28.02%	-31.29%	15.63%	81.03%	22.80%	-9.95%
Shares Outstanding (Basic)	9	9	8	8	9	10
Shares Outstanding (Diluted)	9	9	9	9	9	10
Shares Change (YoY)	1.52%	1.63%	-2.62%	-0.71%	-10.21%	-1.10%
EPS (Basic)	2.71	2.81	4.23	3.60	1.91	1.41
EPS (Diluted)	2.71	2.80	4.14	3.49	1.91	1.40
EPS Growth	-29.10%	-32.37%	18.63%	82.72%	36.43%	-8.83%
Free Cash Flow	22.42	60.08	36.66	13.34	-0.75	36.38
Free Cash Flow Per Share	2.58	6.91	4.29	1.52	-0.09	3.69
Dividend Per Share	1.000	1.000	1.000	1.000	0.300	0.550
Dividend Growth	-	-	-	233.33%	-45.45%	-
Gross Margin	20.94%	20.87%	22.43%	22.15%	22.13%	21.80%
Operating Margin	4.28%	4.47%	5.88%	6.38%	5.35%	3.13%
Profit Margin	3.28%	3.41%	5.18%	4.92%	3.65%	3.54%
Free Cash Flow Margin	3.12%	8.43%	5.36%	2.14%	-0.16%	9.34%
EBITDA	41.56	41.59	47.42	47.17	31.62	19.39
EBITDA Margin	5.79%	5.83%	6.94%	7.58%	6.83%	4.98%
D&A For EBITDA	10.85	9.75	7.24	7.45	6.84	7.2
EBIT	30.72	31.84	40.18	39.73	24.78	12.19
EBIT Margin	4.28%	4.47%	5.88%	6.38%	5.35%	3.13%
Effective Tax Rate	7.58%	10.98%	-	3.84%	11.03%	17.72%

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