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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	386.15	387.14	302.2	195.6	150.56	141.78
Revenue Growth (YoY)	1.89%	28.11%	54.50%	29.92%	6.19%	34.77%
Cost of Revenue	70.15	52.02	41.17	54.7	38.4	26.43
Gross Profit	316	335.12	261.03	140.9	112.16	115.35
Selling, General & Admin	170.62	163.22	130.1	112.22	90.45	81.93
Other Operating Expenses	18.22	3.22	12.67	6.67	8.38	9.67
Operating Expenses	193.47	169.92	145.61	121.54	101.04	93.72
Operating Income	122.53	165.2	115.42	19.36	11.13	21.63
Interest Expense	-2.05	-2.17	-2.06	-0.67	-0.72	-0.91
Interest & Investment Income	0.87	0.86	0.34	0.05	0.06	0.26
Earnings From Equity Investments	-0.04	-0.03	0.08	0.23	-	-
Currency Exchange Gain (Loss)	-0.68	-0.25	-0.26	-0.23	-0.08	0.05
Other Non Operating Income (Expenses)	7.26	8.76	1.7	0.1	-0.07	-0.65
EBT Excluding Unusual Items	127.89	172.37	115.22	18.83	10.31	20.39
Impairment of Goodwill	-	-	-1.85	-2.26	-	-
Gain (Loss) on Sale of Investments	-0.44	-0.01	-0.05	-0.52	0.04	0.7
Gain (Loss) on Sale of Assets	0.21	0.55	0.5	0.08	0.28	0.43
Asset Writedown	0.72	-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	-0.31	0.21	2.57	-	-	0.33
Pretax Income	127.96	165.88	111.25	16.42	10.63	22.01
Income Tax Expense	24.47	31.98	19.44	6.28	2.49	4.43
Earnings From Continuing Operations	103.49	133.89	91.81	10.13	8.14	17.58
Minority Interest in Earnings	-2	-1.96	-0.74	-0.06	0.53	-0.25
Net Income	101.49	131.94	91.07	10.07	8.68	17.33
Net Income to Common	101.49	131.94	91.07	10.07	8.68	17.33
Net Income Growth	-19.18%	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)	8.46	10.99	7.59	0.84	0.72	1.44
EPS (Diluted)	8.46	10.99	7.59	0.84	0.72	1.44
EPS Growth	-19.18%	44.88%	804.17%	16.57%	-50.00%	108.77%
Free Cash Flow	56.05	38.61	17.01	-0.76	-0.81	8.23
Free Cash Flow Per Share	4.67	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	81.83%	86.56%	86.38%	72.03%	74.50%	81.36%
Operating Margin	31.73%	42.67%	38.19%	9.90%	7.39%	15.26%
Profit Margin	26.28%	34.08%	30.13%	5.15%	5.76%	12.22%
Free Cash Flow Margin	14.51%	9.97%	5.63%	-0.39%	-0.54%	5.80%
EBITDA	126.8	168.32	117.93	21.5	12.93	23.37
EBITDA Margin	32.84%	43.48%	39.02%	10.99%	8.59%	16.49%
D&A For EBITDA	4.27	3.12	2.51	2.14	1.81	1.74
EBIT	122.53	165.2	115.42	19.36	11.13	21.63
EBIT Margin	31.73%	42.67%	38.19%	9.90%	7.39%	15.26%
Effective Tax Rate	19.12%	19.28%	17.48%	38.28%	23.42%	20.13%
Revenue as Reported	-	-	-	-	-	141.78

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