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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	476.96	407.39	387.14	302.2	195.6	150.56
Revenue Growth (YoY)	23.52%	5.23%	28.11%	54.50%	29.92%	6.19%
Cost of Revenue	74.32	74.76	52.02	41.17	54.7	38.4
Gross Profit	402.63	332.63	335.12	261.03	140.9	112.16
Selling, General & Admin	174.79	165.75	163.22	130.1	112.22	90.45
Other Operating Expenses	22.72	20.55	3.22	12.67	6.67	8.38
Operating Expenses	204.31	191.73	169.92	145.61	121.54	101.04
Operating Income	198.32	140.9	165.2	115.42	19.36	11.13
Interest Expense	-5.79	-5.14	-3.35	-2.06	-0.67	-0.72
Interest & Investment Income	0.18	1.05	0.86	0.34	0.05	0.06
Earnings From Equity Investments	-	-	-0.03	0.08	0.23	-
Currency Exchange Gain (Loss)	-0.16	-0.5	-0.25	-0.26	-0.23	-0.08
Other Non Operating Income (Expenses)	13.24	7.6	9.94	1.7	0.1	-0.07
EBT Excluding Unusual Items	205.78	143.91	172.37	115.22	18.83	10.31
Impairment of Goodwill	-	-	-	-1.85	-2.26	-
Gain (Loss) on Sale of Investments	-0.67	-0.44	-0.01	-0.05	-0.52	0.04
Gain (Loss) on Sale of Assets	0.08	0.05	0.55	0.5	0.08	0.28
Asset Writedown	-0.13	-0.31	-7.3	-5.92	0.11	0.01
Legal Settlements	0.01	0.04	0.06	0.79	0.17	-
Other Unusual Items	0.07	0.08	0.21	2.57	-	-
Pretax Income	205.12	143.34	165.88	111.25	16.42	10.63
Income Tax Expense	41.78	27.9	31.98	19.44	6.28	2.49
Earnings From Continuing Operations	163.34	115.44	133.89	91.81	10.13	8.14
Minority Interest in Earnings	-3.03	-2.56	-1.96	-0.74	-0.06	0.53
Net Income	160.31	112.87	131.94	91.07	10.07	8.68
Net Income to Common	160.31	112.87	131.94	91.07	10.07	8.68
Net Income Growth	57.95%	-14.45%	44.88%	804.17%	16.10%	-49.93%
Shares Outstanding (Basic)	-	12	12	12	12	12
Shares Outstanding (Diluted)	-	12	12	12	12	12
EPS (Basic)	-	9.41	10.99	7.59	0.84	0.72
EPS (Diluted)	-	9.41	10.99	7.59	0.84	0.72
EPS Growth	-	-14.45%	44.88%	804.17%	16.57%	-50.00%
Free Cash Flow	193.84	101.95	38.61	17.01	-0.76	-0.81
Free Cash Flow Per Share	-	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	84.42%	81.65%	86.56%	86.38%	72.03%	74.50%
Operating Margin	41.58%	34.59%	42.67%	38.19%	9.89%	7.39%
Profit Margin	33.61%	27.71%	34.08%	30.14%	5.15%	5.76%
Free Cash Flow Margin	40.64%	25.02%	9.97%	5.63%	-0.39%	-0.54%
EBITDA	204.69	145.88	168.32	117.93	21.5	12.93
EBITDA Margin	42.91%	35.81%	43.48%	39.02%	10.99%	8.59%
D&A For EBITDA	6.36	4.98	3.12	2.51	2.14	1.81
EBIT	198.32	140.9	165.2	115.42	19.36	11.13
EBIT Margin	41.58%	34.59%	42.67%	38.19%	9.89%	7.39%
Effective Tax Rate	20.37%	19.46%	19.28%	17.48%	38.28%	23.41%

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