Brodogradiliste Viktor Lenac d.d. (ZSE: VLEN)

VLEN 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	76.58	71.69	82.37	256.99	265.01	297.18
Other Revenue	17.99	15.07	1.09	39.54	29.66	20.48
Revenue	94.57	86.76	83.46	296.53	294.67	317.66
Revenue Growth (YoY)	10.84%	3.95%	-71.85%	0.63%	-7.24%	27.55%
Cost of Revenue	67.88	61.67	51.14	165.37	151.93	188.13
Gross Profit	26.69	25.09	32.32	131.16	142.73	129.53
Selling, General & Admin	9.76	8.91	8.66	53.55	54.02	74.34
Other Operating Expenses	3.82	3.31	3.53	21.57	21.44	10.24
Operating Expenses	19.66	18.72	24.42	109.61	106.95	105.99
Operating Income	7.04	6.37	7.89	21.56	35.78	23.54
Interest Expense	-0.03	-0.05	-0.09	-1.24	-1.7	-1.96
Interest & Investment Income	0.17	0.1	0.03	0.21	0.2	0.19
Currency Exchange Gain (Loss)	-0.55	-0.41	0.45	2.58	0.51	-0.33
Other Non Operating Income (Expenses)	0.01	0.01	1.41	-	0.12	0.02
EBT Excluding Unusual Items	6.64	6.03	9.69	23.1	34.91	21.46
Gain (Loss) on Sale of Investments	-	-	-	-	-0.07	-
Gain (Loss) on Sale of Assets	0.01	0.01	0	0	0	0.08
Asset Writedown	-0	-0	-0.01	-0.07	-0.04	-0.97
Legal Settlements	-0.25	-0.25	-1.6	-0.3	-0.22	0.84
Other Unusual Items	-	-	-	0	6.26	0.01
Pretax Income	6.41	5.79	8.1	23.03	42.23	21.41
Income Tax Expense	1.16	1.06	2.65	4.18	6.55	0.52
Earnings From Continuing Operations	5.25	4.73	5.45	18.85	35.68	20.89
Minority Interest in Earnings	-0.03	-0	-0.03	-0	-0.12	0
Net Income	5.22	4.73	5.42	18.85	35.56	20.89
Net Income to Common	5.22	4.73	5.42	18.85	35.56	20.89
Net Income Growth	673.63%	-12.87%	-71.22%	-47.00%	70.21%	-
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	-	-1.25%	-0.13%	0.16%	-0.77%	0.52%
EPS (Basic)	0.33	0.30	0.34	1.18	2.23	1.30
EPS (Diluted)	0.33	0.30	0.34	1.18	2.23	1.30
EPS Growth	673.63%	-11.76%	-71.19%	-47.09%	71.54%	-
Free Cash Flow	-4.83	-2.66	14.38	17.22	35.33	11.41
Free Cash Flow Per Share	-0.30	-0.17	0.90	1.08	2.22	0.71
Dividend Per Share	-	-	-	1.170	-	-
Gross Margin	28.23%	28.92%	38.72%	44.23%	48.44%	40.78%
Operating Margin	7.44%	7.35%	9.46%	7.27%	12.14%	7.41%
Profit Margin	5.52%	5.45%	6.50%	6.36%	12.07%	6.58%
Free Cash Flow Margin	-5.11%	-3.07%	17.24%	5.81%	11.99%	3.59%
EBITDA	13.11	12.87	19.59	56.01	67.28	44.95
EBITDA Margin	13.87%	14.83%	23.47%	18.89%	22.83%	14.15%
D&A For EBITDA	6.08	6.5	11.69	34.46	31.5	21.41
EBIT	7.04	6.37	7.89	21.56	35.78	23.54
EBIT Margin	7.44%	7.34%	9.46%	7.27%	12.14%	7.41%
Effective Tax Rate	18.14%	18.28%	32.72%	18.16%	15.51%	2.44%
Revenue as Reported	95.49	87.68	85.28	299.24	306.01	320.77

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