Vercom S.A. (WSE:VRC)

Vercom Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	500.59	496.23	337.38	260.32	178.92	116.6
Revenue Growth (YoY)	24.56%	47.08%	29.60%	45.50%	53.45%	-
Cost of Revenue	263.92	275.28	156.38	144.59	121.91	81.06
Gross Profit	236.67	220.95	181	115.73	57.01	35.54
Selling, General & Admin	131.23	126.29	109.3	72.5	28.45	11.69
Other Operating Expenses	0.43	0.22	0.2	0.06	-0.14	-0.06
Operating Expenses	132.7	127.55	112.12	73.49	28.66	12.28
Operating Income	103.96	93.4	68.88	42.25	28.35	23.26
Interest Expense	-5.98	-7.34	-11.03	-6.04	-1.67	-0.91
Interest & Investment Income	0.81	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	1.59	7.43	-0.86	-0.08	-0.26
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.82	-0.13	-0.13	0.13
EBT Excluding Unusual Items	100.38	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	1.02	-0.12	-	-	-	-
Other Unusual Items	-	-	-	-0.08	0.08	-
Pretax Income	101.32	88.79	79.84	37.33	26.78	22.09
Income Tax Expense	13.47	11.63	9.22	5.88	4.07	2.67
Earnings From Continuing Operations	87.86	77.16	70.62	31.45	22.71	19.42
Minority Interest in Earnings	-0.92	-0.59	-0.23	-0.03	0.08	-
Net Income	86.93	76.58	70.4	31.42	22.79	19.42
Net Income to Common	86.93	76.58	70.4	31.42	22.79	19.42
Net Income Growth	11.44%	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)	-0.08%	-0.02%	8.46%	22.99%	14.23%	-
EPS (Basic)	3.93	3.46	3.18	1.54	1.37	1.33
EPS (Diluted)	3.92	3.45	3.17	1.54	1.37	1.33
EPS Growth	11.68%	8.83%	105.92%	12.37%	3.01%	-
Free Cash Flow	94.6	100.51	76.38	44.73	25.52	23.45
Free Cash Flow Per Share	4.27	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	47.28%	44.52%	53.65%	44.46%	31.86%	30.48%
Operating Margin	20.77%	18.82%	20.41%	16.23%	15.85%	19.95%
Profit Margin	17.37%	15.43%	20.87%	12.07%	12.74%	16.65%
Free Cash Flow Margin	18.90%	20.25%	22.64%	17.18%	14.27%	20.11%
EBITDA	111.89	101.5	77.45	47.72	30.37	24.46
EBITDA Margin	22.35%	20.46%	22.96%	18.33%	16.98%	20.97%
D&A For EBITDA	7.92	8.11	8.58	5.47	2.03	1.2
EBIT	103.96	93.4	68.88	42.25	28.35	23.26
EBIT Margin	20.77%	18.82%	20.41%	16.23%	15.85%	19.95%
Effective Tax Rate	13.29%	13.10%	11.54%	15.74%	15.18%	12.09%
Advertising Expenses	-	34.44	25.78	11.21	3.42	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.