Valamar Riviera d.d. (ZSE: RIVP)

Valamar Riviera 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	405.92	365.8	319.54	1,605	642.48	2,139
Other Revenue	-	-	-	0.33	0.46	0.51
Revenue	405.92	365.8	319.54	1,605	642.94	2,140
Revenue Growth (YoY)	12.62%	14.48%	-80.10%	149.71%	-69.95%	8.56%
Cost of Revenue	216.83	197.08	173.63	869.75	461.09	1,248
Gross Profit	189.09	168.72	145.91	735.7	181.85	891.47
Selling, General & Admin	1.29	1.29	0.39	30.31	21.2	42.83
Other Operating Expenses	72.45	58.99	48.78	77.88	76.15	104.83
Operating Expenses	142.51	126.06	115.23	615.53	593.79	622.17
Operating Income	46.57	42.66	30.69	120.17	-411.94	269.29
Interest Expense	-14.55	-10	-8.06	-71.26	-66.17	-56.87
Interest & Investment Income	2.49	2.38	0.01	0.09	0.51	0.46
Earnings From Equity Investments	-0.93	-0.93	-0.49	0.4	-1.64	0.48
Currency Exchange Gain (Loss)	0.53	0.54	-0.38	11.68	-41.03	-0.77
Other Non Operating Income (Expenses)	-0.19	0.2	0.01	18.02	12.91	8.1
EBT Excluding Unusual Items	33.92	34.85	21.78	79.1	-507.36	220.69
Gain (Loss) on Sale of Investments	-1.37	-1.15	5.18	-	-	1.44
Gain (Loss) on Sale of Assets	-	-	-	15.14	4.78	42.76
Asset Writedown	-	-	-	-3.89	-1.53	-31.97
Legal Settlements	-0.26	-0.26	-0.16	-2.74	-9.62	-3.94
Other Unusual Items	-	-	-	5.76	9.89	-
Pretax Income	32.28	33.44	26.79	101.48	-501.05	232.47
Income Tax Expense	2.04	-0.23	5.51	-7.23	-142.24	-73.38
Earnings From Continuing Operations	30.24	33.67	21.29	108.71	-358.81	305.85
Minority Interest in Earnings	-8.28	-6.64	-1.69	-4.33	29.21	-21.32
Net Income	21.96	27.03	19.6	104.38	-329.59	284.54
Net Income to Common	21.96	27.03	19.6	104.38	-329.59	284.54
Net Income Growth	-25.85%	37.89%	-81.22%	-	-	20.91%
Shares Outstanding (Basic)	123	123	122	122	122	123
Shares Outstanding (Diluted)	123	123	122	122	122	123
Shares Change (YoY)	0.87%	0.68%	-	-	-0.51%	-1.18%
EPS (Basic)	0.18	0.22	0.16	0.86	-2.70	2.32
EPS (Diluted)	0.18	0.22	0.16	0.86	-2.70	2.32
EPS Growth	-26.49%	36.96%	-81.22%	-	-	22.35%
Free Cash Flow	6.49	54.68	53.08	578.76	-588.52	-79.46
Free Cash Flow Per Share	0.05	0.45	0.44	4.75	-4.83	-0.65
Dividend Per Share	0.220	0.220	-	-	-	-
Gross Margin	46.58%	46.12%	45.66%	45.83%	28.28%	41.66%
Operating Margin	11.47%	11.66%	9.60%	7.49%	-64.07%	12.58%
Profit Margin	5.41%	7.39%	6.13%	6.50%	-51.26%	13.30%
Free Cash Flow Margin	1.60%	14.95%	16.61%	36.05%	-91.54%	-3.71%
EBITDA	114.59	107.69	93.2	603.21	59.75	721.73
EBITDA Margin	28.23%	29.44%	29.17%	37.57%	9.29%	33.73%
D&A For EBITDA	68.01	65.02	62.52	483.04	471.69	452.43
EBIT	46.57	42.66	30.69	120.17	-411.94	269.29
EBIT Margin	11.47%	11.66%	9.60%	7.49%	-64.07%	12.58%
Effective Tax Rate	6.32%	-	20.55%	-	-	-
Revenue as Reported	414.49	372.21	325.33	-	-	-

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