Voxel S.A. (WSE: VOX)

Voxel 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	476.19	424.18	414.8	442.66	327.64	211.66
Revenue Growth (YoY)	13.56%	2.26%	-6.29%	35.11%	54.80%	24.21%
Cost of Revenue	319.78	283.83	319.73	316.33	260.34	155.96
Gross Profit	156.42	140.35	95.08	126.33	67.3	55.7
Selling, General & Admin	25.7	24.26	24.63	24.73	27.21	22.12
Other Operating Expenses	3.2	3.37	-2.31	-2.06	-1.72	-0.82
Operating Expenses	28.9	27.63	22.32	22.67	25.49	21.3
Operating Income	127.52	112.72	72.76	103.66	41.81	34.41
Interest Expense	-10.71	-11.71	-10.61	-5.71	-5.54	-4.86
Interest & Investment Income	1.7	1.52	0.35	0.31	0.3	0.37
Earnings From Equity Investments	-0.71	-0.29	-0.82	0.06	0.09	-
Currency Exchange Gain (Loss)	0.55	-	-0.05	-0.37	-0.18	-0.15
Other Non Operating Income (Expenses)	0.22	-	-0.15	-3.12	-0.46	-1.24
EBT Excluding Unusual Items	118.56	102.23	61.47	94.82	36.02	28.54
Impairment of Goodwill	-	-	-	-4.36	-	-
Gain (Loss) on Sale of Assets	-5.61	-	-3.14	-0.17	-0.06	-0.08
Asset Writedown	-	-	-1.42	-0.79	-	-
Other Unusual Items	-	-	-	-	8.69	-
Pretax Income	112.96	102.23	56.92	89.51	44.65	28.45
Income Tax Expense	22.15	20.02	11.29	17.8	10.55	5.53
Earnings From Continuing Operations	90.8	82.21	45.62	71.71	34.1	22.93
Minority Interest in Earnings	-1.39	-1.32	-1.2	-1.16	-0.14	0.05
Net Income	94.01	80.89	44.43	70.55	33.96	22.97
Net Income to Common	94.01	80.89	44.43	70.55	33.96	22.97
Net Income Growth	64.93%	82.08%	-37.03%	107.74%	47.82%	-1.71%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11	11
Shares Change (YoY)	0.07%	-	-	-	-	-
EPS (Basic)	8.95	7.70	4.23	6.72	3.23	2.19
EPS (Diluted)	8.95	7.70	4.23	6.72	3.23	2.19
EPS Growth	64.82%	82.08%	-37.03%	107.97%	47.66%	-1.71%
Free Cash Flow	-	-	65.19	74.67	29.47	22.67
Free Cash Flow Per Share	-	-	6.21	7.11	2.81	2.16
Dividend Per Share	2.780	2.780	2.170	3.000	2.000	0.910
Dividend Growth	28.11%	28.11%	-27.67%	50.00%	119.78%	-8.08%
Gross Margin	32.85%	33.09%	22.92%	28.54%	20.54%	26.32%
Operating Margin	26.78%	26.57%	17.54%	23.42%	12.76%	16.26%
Profit Margin	19.74%	19.07%	10.71%	15.94%	10.37%	10.85%
Free Cash Flow Margin	-	-	15.72%	16.87%	8.99%	10.71%
EBITDA	154.21	140.55	98.17	126.51	63.93	49.44
EBITDA Margin	32.38%	33.13%	23.67%	28.58%	19.51%	23.36%
D&A For EBITDA	26.69	27.83	25.42	22.85	22.12	15.04
EBIT	127.52	112.72	72.76	103.66	41.81	34.41
EBIT Margin	26.78%	26.57%	17.54%	23.42%	12.76%	16.25%
Effective Tax Rate	19.61%	19.58%	19.84%	19.88%	23.63%	19.42%

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