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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	738.55	712.83	683.66	622.73	463.2	389.48
Revenue Growth (YoY)	6.29%	4.27%	9.78%	34.44%	18.93%	-13.74%
Cost of Revenue	579.99	564.04	530.32	484.79	360.67	304.56
Gross Profit	158.57	148.79	153.34	137.94	102.53	84.92
Selling, General & Admin	118.08	114.7	112.6	94.7	76.29	73.77
Other Operating Expenses	-0.14	0.93	-0.2	1.48	0.45	-0.01
Operating Expenses	119.42	116.95	113.17	98.22	77.75	72.73
Operating Income	39.15	31.84	40.18	39.73	24.78	12.19
Interest Expense	-12.99	-8.84	-8.69	-6.19	-1.73	-1.84
Interest & Investment Income	1.27	1.27	0.59	0.42	0.29	0.36
Earnings From Equity Investments	-0.12	-0.16	-0.23	-0.48	-0.24	0.15
Currency Exchange Gain (Loss)	-0.88	-0.88	-9.28	2.62	0.82	3.15
Other Non Operating Income (Expenses)	4.64	4.59	7.39	-5.08	-3.69	-3.7
EBT Excluding Unusual Items	31.07	27.82	29.95	31.01	20.22	10.31
Gain (Loss) on Sale of Assets	0.25	0.25	0.74	2.19	-0.51	0.3
Asset Writedown	-	-	-0.29	-	-	0.01
Legal Settlements	-1.62	-1.62	-0.12	-0.05	-0.58	-0.18
Other Unusual Items	1.28	1.28	-	0.19	0.33	6.72
Pretax Income	30.99	27.74	30.27	33.34	19.45	17.15
Income Tax Expense	3.63	3.05	-6.23	1.28	2.15	3.04
Earnings From Continuing Operations	27.36	24.69	36.5	32.06	17.31	14.12
Earnings From Discontinued Operations	-2.63	-	-	-	-	-
Net Income to Company	24.73	24.69	36.5	32.06	17.31	14.12
Minority Interest in Earnings	-0.51	-0.36	-1.1	-1.44	-0.4	-0.34
Net Income	24.22	24.33	35.41	30.62	16.91	13.77
Net Income to Common	24.22	24.33	35.41	30.62	16.91	13.77
Net Income Growth	-19.21%	-31.29%	15.63%	81.03%	22.80%	-9.95%
Shares Outstanding (Basic)	-	9	8	8	9	10
Shares Outstanding (Diluted)	-	9	9	9	9	10
Shares Change (YoY)	-	1.63%	-2.62%	-0.71%	-10.21%	-1.10%
EPS (Basic)	-	2.81	4.23	3.60	1.91	1.41
EPS (Diluted)	-	2.80	4.14	3.49	1.91	1.40
EPS Growth	-	-32.37%	18.63%	82.72%	36.43%	-8.83%
Free Cash Flow	25.96	60.08	36.66	13.34	-0.75	36.38
Free Cash Flow Per Share	-	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	21.47%	20.87%	22.43%	22.15%	22.13%	21.80%
Operating Margin	5.30%	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	3.52%	8.43%	5.36%	2.14%	-0.16%	9.34%
EBITDA	50.93	41.59	47.42	47.17	31.62	19.39
EBITDA Margin	6.90%	5.83%	6.94%	7.58%	6.83%	4.98%
D&A For EBITDA	11.78	9.75	7.24	7.45	6.84	7.2
EBIT	39.15	31.84	40.18	39.73	24.78	12.19
EBIT Margin	5.30%	4.47%	5.88%	6.38%	5.35%	3.13%
Effective Tax Rate	11.72%	10.98%	-	3.84%	11.03%	17.72%

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