Vercom Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	496.23	337.38	260.32	178.92	116.6
Revenue Growth (YoY)	47.08%	29.60%	45.50%	53.45%	-
Cost of Revenue	275.28	156.38	144.59	121.91	81.06
Gross Profit	220.95	181	115.73	57.01	35.54
Selling, General & Admin	126.29	109.3	72.5	28.45	11.69
Other Operating Expenses	0.22	0.2	0.06	-0.14	-0.06
Operating Expenses	127.55	112.12	73.49	28.66	12.28
Operating Income	93.4	68.88	42.25	28.35	23.26
Interest Expense	-7.34	-11.03	-6.04	-1.67	-0.91
Interest & Investment Income	1.3	1.15	1.11	0.32	0.05
Earnings From Equity Investments	-	0.66	0.9	-0.1	-0.19
Currency Exchange Gain (Loss)	1.59	7.43	-0.86	-0.08	-0.26
Other Non Operating Income (Expenses)	-0.01	-0.82	-0.13	-0.13	0.13
EBT Excluding Unusual Items	88.94	66.26	37.22	26.7	22.08
Gain (Loss) on Sale of Investments	-0.05	13.47	-	-	-
Gain (Loss) on Sale of Assets	0.02	0.11	0.19	0	0
Asset Writedown	-0.12	-	-	-	-
Other Unusual Items	-	-	-0.08	0.08	-
Pretax Income	88.79	79.84	37.33	26.78	22.09
Income Tax Expense	11.63	9.22	5.88	4.07	2.67
Earnings From Continuing Operations	77.16	70.62	31.45	22.71	19.42
Minority Interest in Earnings	-0.59	-0.23	-0.03	0.08	-
Net Income	76.58	70.4	31.42	22.79	19.42
Net Income to Common	76.58	70.4	31.42	22.79	19.42
Net Income Growth	8.78%	124.08%	37.86%	17.37%	-
Shares Outstanding (Basic)	22	22	20	17	15
Shares Outstanding (Diluted)	22	22	20	17	15
Shares Change (YoY)	-0.02%	8.46%	22.99%	14.23%	-
EPS (Basic)	3.46	3.18	1.54	1.37	1.33
EPS (Diluted)	3.45	3.17	1.54	1.37	1.33
EPS Growth	8.83%	105.92%	12.37%	3.01%	-
Free Cash Flow	100.51	76.38	44.73	25.52	23.45
Free Cash Flow Per Share	4.53	3.44	2.19	1.53	1.61
Dividend Per Share	-	1.600	1.130	-	1.050
Dividend Growth	-	41.59%	-	-	-
Gross Margin	44.52%	53.65%	44.46%	31.86%	30.48%
Operating Margin	18.82%	20.41%	16.23%	15.85%	19.95%
Profit Margin	15.43%	20.87%	12.07%	12.74%	16.65%
Free Cash Flow Margin	20.25%	22.64%	17.18%	14.27%	20.11%
EBITDA	101.5	77.45	47.72	30.37	24.46
EBITDA Margin	20.46%	22.96%	18.33%	16.98%	20.97%
D&A For EBITDA	8.11	8.58	5.47	2.03	1.2
EBIT	93.4	68.88	42.25	28.35	23.26
EBIT Margin	18.82%	20.41%	16.23%	15.85%	19.95%
Effective Tax Rate	13.10%	11.54%	15.74%	15.18%	12.09%
Advertising Expenses	34.44	25.78	11.21	3.42	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.