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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	130.78	146.92	116.06	767.08	765.63	668.68
Other Revenue	-	-	-	3.82	1.02	-
Revenue	130.78	146.92	116.06	770.9	766.65	668.68
Revenue Growth (YoY)	-5.87%	26.59%	-84.95%	0.56%	14.65%	-7.10%
Cost of Revenue	18.22	19.67	14.15	99.86	113.47	112.46
Gross Profit	112.56	127.25	101.91	671.05	653.17	556.22
Selling, General & Admin	18.19	17.28	14.33	98.57	92.41	90.99
Other Operating Expenses	9.13	5.41	5.55	36.08	24.1	12.19
Operating Expenses	58.91	55.3	50.86	350.67	294.11	250.43
Operating Income	53.65	71.95	51.05	320.38	359.06	305.79
Interest Expense	-0.13	-0.03	-0.03	-0.26	-0.23	-0.23
Interest & Investment Income	7.67	4.56	0.21	0.13	0.67	5.08
Currency Exchange Gain (Loss)	0.59	0.25	0.8	7.88	-6.24	9.71
Other Non Operating Income (Expenses)	-0.01	0.01	0.04	0.98	0.05	0.74
EBT Excluding Unusual Items	61.78	76.75	52.07	329.12	353.31	321.1
Gain (Loss) on Sale of Investments	-1.64	-1.64	-	-	-	-
Asset Writedown	-11.61	-11.61	-1.1	-3.64	-1.6	-0.78
Legal Settlements	-0.1	-0.1	-1.18	-0.06	-0.15	-0.42
Other Unusual Items	-	-	0.26	-	-	-
Pretax Income	48.44	63.41	50.05	325.41	351.56	319.9
Income Tax Expense	8.74	11.44	9.32	59.42	63.46	57.94
Net Income	39.7	51.97	40.73	265.99	288.1	261.97
Net Income to Common	39.7	51.97	40.73	265.99	288.1	261.97
Net Income Growth	-28.56%	27.59%	-84.69%	-7.67%	9.98%	-13.87%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	0.42%	-	-	-	-	-
EPS (Basic)	39.23	51.58	40.42	263.97	285.91	259.97
EPS (Diluted)	39.23	51.58	40.42	263.97	285.91	259.97
EPS Growth	-28.86%	27.59%	-84.69%	-7.67%	9.98%	-13.87%
Free Cash Flow	42.41	68.63	56.67	328.61	26.11	-49.65
Free Cash Flow Per Share	41.91	68.10	56.24	326.11	25.91	-49.27
Dividend Per Share	30.950	30.950	-	75.360	81.490	74.080
Dividend Growth	-	-	-	-7.52%	10.00%	-13.77%
Gross Margin	86.07%	86.61%	87.81%	87.05%	85.20%	83.18%
Operating Margin	41.02%	48.97%	43.99%	41.56%	46.84%	45.73%
Profit Margin	30.36%	35.38%	35.10%	34.50%	37.58%	39.18%
Free Cash Flow Margin	32.43%	46.71%	48.83%	42.63%	3.41%	-7.42%
EBITDA	82.11	101.43	81.76	534.34	534.39	450.69
EBITDA Margin	62.78%	69.04%	70.45%	69.31%	69.71%	67.40%
D&A For EBITDA	28.46	29.48	30.71	213.96	175.33	144.9
EBIT	53.65	71.95	51.05	320.38	359.06	305.79
EBIT Margin	41.02%	48.97%	43.99%	41.56%	46.84%	45.73%
Effective Tax Rate	18.04%	18.03%	18.61%	18.26%	18.05%	18.11%
Revenue as Reported	131.19	147.33	116.72	777.89	778.61	695.95

Source: S&P Capital IQ. Standard template. Financial Sources.