Vercom Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	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	502.42	496.23	337.38	260.32	178.92	116.6
Revenue Growth (YoY)	36.87%	47.08%	29.60%	45.50%	53.45%	-
Cost of Revenue	273.53	275.28	156.38	144.59	121.91	81.06
Gross Profit	228.89	220.95	181	115.73	57.01	35.54
Selling, General & Admin	129.25	126.29	109.3	72.5	28.45	11.69
Other Operating Expenses	0.24	0.22	0.2	0.06	-0.14	-0.06
Operating Expenses	129.87	127.55	112.12	73.49	28.66	12.28
Operating Income	99.03	93.4	68.88	42.25	28.35	23.26
Interest Expense	-6.71	-7.34	-11.03	-6.04	-1.67	-0.91
Interest & Investment Income	1.34	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)	2.34	1.59	7.43	-0.86	-0.08	-0.26
Other Non Operating Income (Expenses)	0.06	-0.01	-0.82	-0.13	-0.13	0.13
EBT Excluding Unusual Items	96.06	88.94	66.26	37.22	26.7	22.08
Gain (Loss) on Sale of Investments	-0.05	-0.05	13.47	-	-	-
Gain (Loss) on Sale of Assets	-0.02	0.02	0.11	0.19	0	0
Asset Writedown	-0.12	-0.12	-	-	-	-
Other Unusual Items	-	-	-	-0.08	0.08	-
Pretax Income	95.88	88.79	79.84	37.33	26.78	22.09
Income Tax Expense	12.47	11.63	9.22	5.88	4.07	2.67
Earnings From Continuing Operations	83.41	77.16	70.62	31.45	22.71	19.42
Minority Interest in Earnings	-0.8	-0.59	-0.23	-0.03	0.08	-
Net Income	82.61	76.58	70.4	31.42	22.79	19.42
Net Income to Common	82.61	76.58	70.4	31.42	22.79	19.42
Net Income Growth	6.78%	8.78%	124.08%	37.86%	17.37%	-
Shares Outstanding (Basic)	22	22	22	20	17	15
Shares Outstanding (Diluted)	22	22	22	20	17	15
Shares Change (YoY)	0.01%	-0.02%	8.46%	22.99%	14.23%	-
EPS (Basic)	3.73	3.46	3.18	1.54	1.37	1.33
EPS (Diluted)	3.73	3.45	3.17	1.54	1.37	1.33
EPS Growth	7.18%	8.83%	105.92%	12.37%	3.01%	-
Free Cash Flow	93.54	100.51	76.38	44.73	25.52	23.45
Free Cash Flow Per Share	4.22	4.53	3.44	2.19	1.53	1.61
Dividend Per Share	2.030	2.030	1.600	1.130	-	1.050
Dividend Growth	26.88%	26.88%	41.59%	-	-	-
Gross Margin	45.56%	44.52%	53.65%	44.46%	31.86%	30.48%
Operating Margin	19.71%	18.82%	20.41%	16.23%	15.85%	19.95%
Profit Margin	16.44%	15.43%	20.87%	12.07%	12.74%	16.65%
Free Cash Flow Margin	18.62%	20.25%	22.64%	17.18%	14.27%	20.11%
EBITDA	107.08	101.5	77.45	47.72	30.37	24.46
EBITDA Margin	21.31%	20.46%	22.96%	18.33%	16.98%	20.97%
D&A For EBITDA	8.05	8.11	8.58	5.47	2.03	1.2
EBIT	99.03	93.4	68.88	42.25	28.35	23.26
EBIT Margin	19.71%	18.82%	20.41%	16.23%	15.85%	19.95%
Effective Tax Rate	13.00%	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.