Adyen N.V. (ADYEY)

Adyen Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,863	8,936	5,995	3,641	2,657
Revenue Growth (YoY)	-79.15%	49.04%	64.65%	37.06%	60.73%
Cost of Revenue	932.13	7,605	4,994	2,957	2,160
Gross Profit	931.28	1,330	1,002	684.2	496.68
Selling, General & Admin	203.35	55.63	36.38	39.61	32.28
Research & Development	3.52	5.22	3.09	2.47	2.19
Other Operating Expenses	-23.36	-0.05	0.25	0.18	0.2
Operating Expenses	226.71	665.44	406.79	310.47	239.89
Operating Income	704.57	664.73	594.73	373.73	256.8
Interest Income	246.4	29.32	1.04	1.33	0.33
Interest Expense	4.78	11.96	12.79	9.41	4.63
Other Expense / Income	3.58	-37.85	2.14	42.48	-4.76
Pretax Income	942.61	719.94	580.85	323.18	257.26
Income Tax	244.29	155.8	111.13	62.16	53.22
Net Income	698.32	564.14	469.72	261.02	204.04
Net Income Growth	23.79%	20.10%	79.96%	27.93%	55.58%
Shares Outstanding (Basic)	31	31	30	30	30
Shares Outstanding (Diluted)	31	31	31	31	31
Shares Change	0.36%	1.21%	0.03%	0.46%	-99.00%
EPS (Basic)	22.52	18.21	15.40	8.63	6.86
EPS (Diluted)	22.41	18.17	15.31	8.51	6.68
EPS Growth	23.34%	18.68%	79.91%	27.40%	15471.10%
Free Cash Flow	1,800	1,922	1,766	994.76	509.5
Free Cash Flow Per Share	57.78	61.91	57.56	32.44	16.69
Gross Margin	49.98%	14.89%	16.70%	18.79%	18.69%
Operating Margin	37.81%	7.44%	9.92%	10.26%	9.67%
Profit Margin	37.48%	6.31%	7.83%	7.17%	7.68%
Free Cash Flow Margin	96.61%	21.51%	29.45%	27.32%	19.18%
Effective Tax Rate	25.92%	21.64%	19.13%	19.23%	20.69%
EBITDA	790.02	748.97	642.41	392.75	282.51
EBITDA Margin	42.40%	8.38%	10.71%	10.79%	10.63%
Depreciation & Amortization	85.45	63.61	35.01	28.57	22.33
EBIT	704.57	685.36	607.4	364.18	260.18
EBIT Margin	37.81%	7.67%	10.13%	10.00%	9.79%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.