Votum S.A. (WSE:VOT)

Votum 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	453.13	407.39	387.14	302.2	195.6	150.56
Revenue Growth (YoY)	19.75%	5.23%	28.11%	54.50%	29.92%	6.19%
Cost of Revenue	77.27	74.76	52.02	41.17	54.7	38.4
Gross Profit	375.86	332.63	335.12	261.03	140.9	112.16
Selling, General & Admin	171.78	165.75	163.22	130.1	112.22	90.45
Other Operating Expenses	27.74	20.55	3.22	12.67	6.67	8.38
Operating Expenses	205.49	191.73	169.92	145.61	121.54	101.04
Operating Income	170.37	140.9	165.2	115.42	19.36	11.13
Interest Expense	-4.67	-5.14	-3.35	-2.06	-0.67	-0.72
Interest & Investment Income	1.05	1.05	0.86	0.34	0.05	0.06
Earnings From Equity Investments	-	-	-0.03	0.08	0.23	-
Currency Exchange Gain (Loss)	-0.5	-0.5	-0.25	-0.26	-0.23	-0.08
Other Non Operating Income (Expenses)	6.91	7.6	9.94	1.7	0.1	-0.07
EBT Excluding Unusual Items	173.16	143.91	172.37	115.22	18.83	10.31
Impairment of Goodwill	-	-	-	-1.85	-2.26	-
Gain (Loss) on Sale of Investments	-0.44	-0.44	-0.01	-0.05	-0.52	0.04
Gain (Loss) on Sale of Assets	0.05	0.05	0.55	0.5	0.08	0.28
Asset Writedown	-0.31	-0.31	-7.3	-5.92	0.11	0.01
Legal Settlements	0.04	0.04	0.06	0.79	0.17	-
Other Unusual Items	0.08	0.08	0.21	2.57	-	-
Pretax Income	172.58	143.34	165.88	111.25	16.42	10.63
Income Tax Expense	33.27	27.9	31.98	19.44	6.28	2.49
Earnings From Continuing Operations	139.31	115.44	133.89	91.81	10.13	8.14
Minority Interest in Earnings	-3.04	-2.56	-1.96	-0.74	-0.06	0.53
Net Income	136.27	112.87	131.94	91.07	10.07	8.68
Net Income to Common	136.27	112.87	131.94	91.07	10.07	8.68
Net Income Growth	18.21%	-14.45%	44.88%	804.17%	16.10%	-49.93%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
EPS (Basic)	11.37	9.41	10.99	7.59	0.84	0.72
EPS (Diluted)	11.37	9.41	10.99	7.59	0.84	0.72
EPS Growth	17.99%	-14.45%	44.88%	804.17%	16.57%	-50.00%
Free Cash Flow	141.04	101.95	38.61	17.01	-0.76	-0.81
Free Cash Flow Per Share	11.77	8.50	3.22	1.42	-0.06	-0.07
Dividend Per Share	-	-	2.420	2.500	0.410	0.350
Dividend Growth	-	-	-3.20%	509.76%	17.14%	-
Gross Margin	82.95%	81.65%	86.56%	86.38%	72.03%	74.50%
Operating Margin	37.60%	34.59%	42.67%	38.19%	9.89%	7.39%
Profit Margin	30.07%	27.71%	34.08%	30.14%	5.15%	5.76%
Free Cash Flow Margin	31.13%	25.02%	9.97%	5.63%	-0.39%	-0.54%
EBITDA	175.58	145.88	168.32	117.93	21.5	12.93
EBITDA Margin	38.75%	35.81%	43.48%	39.02%	10.99%	8.59%
D&A For EBITDA	5.21	4.98	3.12	2.51	2.14	1.81
EBIT	170.37	140.9	165.2	115.42	19.36	11.13
EBIT Margin	37.60%	34.59%	42.67%	38.19%	9.89%	7.39%
Effective Tax Rate	19.28%	19.46%	19.28%	17.48%	38.28%	23.41%

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