Jadranski naftovod d.d. (ZSE:JNAF)

Jadranski naftovod d.d. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	128.97	126.34	146.92	116.06	102.07	101.41
Other Revenue	-0.08	-	-	-	0.51	0.13
Revenue	128.88	126.34	146.92	116.06	102.58	101.55
Revenue Growth (YoY)	-9.99%	-14.01%	26.59%	13.14%	1.01%	13.01%
Cost of Revenue	18.35	17.85	19.67	14.15	13.29	15.03
Gross Profit	110.53	108.49	127.25	101.91	89.29	86.52
Selling, General & Admin	19.59	19.07	17.28	14.33	13.12	12.24
Other Operating Expenses	5.92	7.01	5.51	5.55	4.8	3.19
Operating Expenses	56.65	57.36	55.4	50.86	46.66	38.96
Operating Income	53.88	51.13	71.85	51.05	42.63	47.56
Interest Expense	-0.17	-0.16	-0.03	-0.03	-0.03	-0.03
Interest & Investment Income	7.06	7.62	4.56	0.21	0.02	0.09
Currency Exchange Gain (Loss)	0.62	0.5	0.25	0.8	1.05	-0.83
Other Non Operating Income (Expenses)	0.03	0.03	0.01	0.04	0.13	0.01
EBT Excluding Unusual Items	61.42	59.12	76.65	52.07	43.79	46.8
Gain (Loss) on Sale of Investments	-	-	-1.64	-	-	-
Asset Writedown	-0.07	-0.07	-11.61	-1.1	-0.48	-0.21
Legal Settlements	-	-	-	-1.18	-0.01	-0.02
Other Unusual Items	-	-	-	0.26	-	-
Pretax Income	61.35	59.04	63.41	50.05	43.3	46.57
Income Tax Expense	11.11	10.66	11.44	9.32	7.91	8.41
Net Income	50.24	48.38	51.97	40.73	35.39	38.16
Net Income to Common	50.24	48.38	51.97	40.73	35.39	38.16
Net Income Growth	1.02%	-6.91%	27.59%	15.09%	-7.25%	8.40%
Shares Outstanding (Basic)	-	1	1	1	1	1
Shares Outstanding (Diluted)	-	1	1	1	1	1
EPS (Basic)	-	48.01	51.58	40.42	35.12	37.87
EPS (Diluted)	-	48.01	51.58	40.42	35.12	37.87
EPS Growth	-	-6.91%	27.59%	15.09%	-7.25%	8.40%
Free Cash Flow	27.14	26.14	68.63	56.67	43.72	3.46
Free Cash Flow Per Share	-	25.94	68.10	56.24	43.39	3.43
Dividend Per Share	28.810	28.810	30.950	-	10.027	10.794
Dividend Growth	-6.91%	-6.91%	-	-	-7.10%	8.43%
Gross Margin	85.76%	85.87%	86.61%	87.81%	87.05%	85.20%
Operating Margin	41.81%	40.47%	48.91%	43.99%	41.56%	46.84%
Profit Margin	38.98%	38.29%	35.38%	35.10%	34.50%	37.58%
Free Cash Flow Margin	21.06%	20.69%	46.71%	48.83%	42.63%	3.41%
EBITDA	82.26	79.64	101.33	81.76	71.1	70.78
EBITDA Margin	63.82%	63.04%	68.97%	70.45%	69.31%	69.70%
D&A For EBITDA	28.38	28.51	29.48	30.71	28.47	23.22
EBIT	53.88	51.13	71.85	51.05	42.63	47.56
EBIT Margin	41.81%	40.47%	48.91%	43.99%	41.56%	46.84%
Effective Tax Rate	18.10%	18.06%	18.03%	18.61%	18.26%	18.05%
Revenue as Reported	130.13	127.59	147.33	116.72	103.51	103.13

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.