EVERTEC, Inc. (EVTC)

EVERTEC Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	785.12	694.71	618.41	589.8	510.59	487.37
Revenue Growth (YoY)	23.74%	12.34%	4.85%	15.51%	4.76%	7.38%
Cost of Revenue	379.82	336.76	288.52	250.16	226.87	213.38
Gross Profit	405.3	357.95	329.89	339.63	283.72	274
Selling, General & Admin	148.59	128.17	89.77	68.05	70.81	61.41
Operating Expenses	267.84	221.79	168.39	143.12	142.33	129.49
Operating Income	137.46	136.16	161.5	196.51	141.39	144.5
Interest Expense	-59.69	-32.32	-24.77	-22.81	-25.07	-28.81
Interest & Investment Income	11.85	8.51	3.12	1.89	1.5	1.22
Earnings From Equity Investments	4.51	4.98	2.97	1.71	1.14	0.94
Currency Exchange Gain (Loss)	-26.26	-28.74	-5.25	3.6	4.89	-1.7
Other Non Operating Income (Expenses)	0.37	-0.6	0.05	0.02	0.01	0.53
EBT Excluding Unusual Items	68.25	87.99	137.62	180.93	123.85	116.68
Gain (Loss) on Sale of Investments	1.32	-1.2	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	135.64	0.78	-	-
Asset Writedown	-	-	-4.1	-	-	-
Other Unusual Items	-1.43	-1.43	-1.31	-	-	-
Pretax Income	68.14	85.35	267.85	181.71	123.85	116.68
Income Tax Expense	-2.53	5.48	28.98	20.56	19	12.98
Earnings From Continuing Operations	70.67	79.88	238.87	161.14	104.85	103.7
Minority Interest in Earnings	-1.28	-0.15	0.14	-0.01	-0.42	-0.23
Net Income	69.4	79.72	239.01	161.13	104.44	103.47
Preferred Dividends & Other Adjustments	-	-	-	-	-	0
Net Income to Common	69.4	79.72	239.01	161.13	104.44	103.47
Net Income Growth	-69.12%	-66.64%	48.33%	54.29%	0.93%	19.94%
Shares Outstanding (Basic)	65	65	69	72	72	72
Shares Outstanding (Diluted)	66	66	69	73	73	73
Shares Change (YoY)	0.09%	-5.05%	-4.88%	-0.25%	-0.58%	-1.27%
EPS (Basic)	1.07	1.23	3.48	2.24	1.45	1.44
EPS (Diluted)	1.05	1.21	3.45	2.21	1.43	1.41
EPS Growth	-69.25%	-64.93%	56.11%	54.55%	1.42%	21.55%
Free Cash Flow	207.61	202.84	196.29	203.32	182.01	156.95
Free Cash Flow Per Share	3.15	3.08	2.83	2.79	2.49	2.14
Dividend Per Share	0.200	0.200	0.200	0.200	0.200	0.200
Dividend Growth	0%	0%	0%	0%	0%	100.00%
Gross Margin	51.62%	51.53%	53.34%	57.58%	55.57%	56.22%
Operating Margin	17.51%	19.60%	26.12%	33.32%	27.69%	29.65%
Profit Margin	8.84%	11.48%	38.65%	27.32%	20.45%	21.23%
Free Cash Flow Margin	26.44%	29.20%	31.74%	34.47%	35.65%	32.20%
EBITDA	225.41	198.48	214.42	245.58	191.21	194.28
EBITDA Margin	28.71%	28.57%	34.67%	41.64%	37.45%	39.86%
D&A For EBITDA	87.95	62.32	52.92	49.07	49.82	49.78
EBIT	137.46	136.16	161.5	196.51	141.39	144.5
EBIT Margin	17.51%	19.60%	26.12%	33.32%	27.69%	29.65%
Effective Tax Rate	-	6.42%	10.82%	11.32%	15.34%	11.12%

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