Vercom S.A. (WSE:VRC)

Vercom Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	471.15	496.23	337.38	260.32	178.92
Revenue Growth (YoY)	-5.05%	47.08%	29.60%	45.50%	53.45%
Cost of Revenue	217	275.28	156.38	144.59	121.91
Gross Profit	254.15	220.95	181	115.73	57.01
Selling, General & Admin	141.49	126.29	109.3	72.5	28.45
Other Operating Expenses	0.52	0.22	0.2	0.06	-0.14
Operating Expenses	141.82	127.55	112.12	73.49	28.66
Operating Income	112.34	93.4	68.88	42.25	28.35
Interest Expense	-5.04	-7.34	-11.03	-6.04	-1.67
Interest & Investment Income	0.72	1.3	1.15	1.11	0.32
Earnings From Equity Investments	-	-	0.66	0.9	-0.1
Currency Exchange Gain (Loss)	-0.23	1.59	7.43	-0.86	-0.08
Other Non Operating Income (Expenses)	0.02	-0.01	-0.82	-0.13	-0.13
EBT Excluding Unusual Items	107.81	88.94	66.26	37.22	26.7
Gain (Loss) on Sale of Investments	-	-0.05	13.47	-	-
Gain (Loss) on Sale of Assets	-0.07	0.02	0.11	0.19	0
Asset Writedown	0.03	-0.12	-	-	-
Other Unusual Items	-	-	-	-0.08	0.08
Pretax Income	107.76	88.79	79.84	37.33	26.78
Income Tax Expense	16.84	11.63	9.22	5.88	4.07
Earnings From Continuing Operations	90.92	77.16	70.62	31.45	22.71
Minority Interest in Earnings	-1.06	-0.59	-0.23	-0.03	0.08
Net Income	89.87	76.58	70.4	31.42	22.79
Net Income to Common	89.87	76.58	70.4	31.42	22.79
Net Income Growth	17.35%	8.78%	124.08%	37.86%	17.37%
Shares Outstanding (Basic)	22	22	22	20	17
Shares Outstanding (Diluted)	22	22	22	20	17
Shares Change (YoY)	-0.15%	-0.02%	8.46%	22.99%	14.23%
EPS (Basic)	4.07	3.46	3.18	1.54	1.37
EPS (Diluted)	4.06	3.45	3.17	1.54	1.37
EPS Growth	17.68%	8.83%	105.92%	12.37%	3.01%
Free Cash Flow	101.54	100.51	76.38	44.73	25.52
Free Cash Flow Per Share	4.59	4.53	3.44	2.19	1.53
Dividend Per Share	-	2.030	1.600	1.130	-
Dividend Growth	-	26.88%	41.59%	-	-
Gross Margin	53.94%	44.52%	53.65%	44.46%	31.86%
Operating Margin	23.84%	18.82%	20.41%	16.23%	15.85%
Profit Margin	19.07%	15.43%	20.87%	12.07%	12.74%
Free Cash Flow Margin	21.55%	20.25%	22.64%	17.18%	14.27%
EBITDA	119.75	101.5	77.45	47.72	30.37
EBITDA Margin	25.42%	20.46%	22.96%	18.33%	16.98%
D&A For EBITDA	7.42	8.11	8.58	5.47	2.03
EBIT	112.34	93.4	68.88	42.25	28.35
EBIT Margin	23.84%	18.82%	20.41%	16.23%	15.85%
Effective Tax Rate	15.62%	13.10%	11.54%	15.74%	15.18%
Advertising Expenses	41.46	34.44	25.78	11.21	3.42

Source: S&P Global Market Intelligence. Standard template. Financial Sources.