Votum S.A. (WSE: VOT)

Votum Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	381.02	387.14	302.2	195.6	150.56	141.78
Revenue Growth (YoY)	7.52%	28.11%	54.50%	29.92%	6.19%	34.77%
Cost of Revenue	63.76	52.02	41.17	54.7	38.4	26.43
Gross Profit	317.26	335.12	261.03	140.9	112.16	115.35
Selling, General & Admin	164.95	163.22	130.1	112.22	90.45	81.93
Other Operating Expenses	17.95	3.22	12.67	6.67	8.38	9.67
Operating Expenses	187.05	169.92	145.61	121.54	101.04	93.72
Operating Income	130.21	165.2	115.42	19.36	11.13	21.63
Interest Expense	-2.04	-2.17	-2.06	-0.67	-0.72	-0.91
Interest & Investment Income	1.25	0.86	0.34	0.05	0.06	0.26
Earnings From Equity Investments	-0.08	-0.03	0.08	0.23	-	-
Currency Exchange Gain (Loss)	-0.45	-0.25	-0.26	-0.23	-0.08	0.05
Other Non Operating Income (Expenses)	8.32	8.76	1.7	0.1	-0.07	-0.65
EBT Excluding Unusual Items	137.22	172.37	115.22	18.83	10.31	20.39
Impairment of Goodwill	-	-	-1.85	-2.26	-	-
Gain (Loss) on Sale of Investments	0.2	-0.01	-0.05	-0.52	0.04	0.7
Gain (Loss) on Sale of Assets	0.35	0.55	0.5	0.08	0.28	0.43
Asset Writedown	1.07	-7.3	-5.92	0.11	0.01	0.12
Legal Settlements	-0.11	0.06	0.79	0.17	-	0.05
Other Unusual Items	0.16	0.21	2.57	-	-	0.33
Pretax Income	138.88	165.88	111.25	16.42	10.63	22.01
Income Tax Expense	27.02	31.98	19.44	6.28	2.49	4.43
Earnings From Continuing Operations	111.86	133.89	91.81	10.13	8.14	17.58
Minority Interest in Earnings	-2.16	-1.96	-0.74	-0.06	0.53	-0.25
Net Income	109.71	131.94	91.07	10.07	8.68	17.33
Net Income to Common	109.71	131.94	91.07	10.07	8.68	17.33
Net Income Growth	-3.27%	44.88%	804.17%	16.10%	-49.93%	109.34%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
EPS (Basic)	9.14	10.99	7.59	0.84	0.72	1.44
EPS (Diluted)	9.14	10.99	7.59	0.84	0.72	1.44
EPS Growth	-3.27%	44.88%	804.17%	16.57%	-50.00%	108.77%
Free Cash Flow	27.5	38.61	17.01	-0.76	-0.81	8.23
Free Cash Flow Per Share	2.29	3.22	1.42	-0.06	-0.07	0.69
Dividend Per Share	2.420	2.420	2.500	0.410	0.350	-
Dividend Growth	-3.20%	-3.20%	509.76%	17.14%	-	-
Gross Margin	83.27%	86.56%	86.38%	72.03%	74.50%	81.36%
Operating Margin	34.17%	42.67%	38.19%	9.90%	7.39%	15.26%
Profit Margin	28.79%	34.08%	30.13%	5.15%	5.76%	12.22%
Free Cash Flow Margin	7.22%	9.97%	5.63%	-0.39%	-0.54%	5.80%
EBITDA	134.01	168.32	117.93	21.5	12.93	23.37
EBITDA Margin	35.17%	43.48%	39.02%	10.99%	8.59%	16.49%
D&A For EBITDA	3.8	3.12	2.51	2.14	1.81	1.74
EBIT	130.21	165.2	115.42	19.36	11.13	21.63
EBIT Margin	34.17%	42.67%	38.19%	9.90%	7.39%	15.26%
Effective Tax Rate	19.45%	19.28%	17.48%	38.28%	23.42%	20.13%
Revenue as Reported	-	-	-	-	-	141.78

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