CD Projekt S.A. (OTGLY)

CD Projekt Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,230	952.58	888.17	2,139	521.27
Revenue Growth (YoY)	29.14%	7.25%	-58.47%	310.32%	43.64%
Cost of Revenue	380.57	243.97	250.23	491.36	161.31
Gross Profit	849.63	708.6	637.94	1,648	359.96
Selling, General & Admin	410.3	297.89	371.17	474.45	182.45
Research & Development	231.11	103.6	86.97	254.11	29.37
Other Operating Expenses	2.57	0.65	2.97	14.01	-1.7
Operating Expenses	397.35	298.54	374.15	488.46	180.76
Operating Income	469.04	377.35	232.9	1,157	180.29
Interest Income	48.01	43.34	1.55	7.81	9.34
Interest Expense	0.86	1.35	2.8	0.66	0.59
Other Expense / Income	-22.31	26.15	12.55	-0.72	-0.12
Pretax Income	538.49	393.19	219.11	1,165	189.16
Income Tax	57.39	46.09	10.2	10.62	13.85
Net Income	481.11	347.09	208.91	1,154	175.32
Net Income Growth	38.61%	66.15%	-81.90%	558.43%	60.35%
Shares Outstanding (Basic)	401	101	101	96	96
Shares Outstanding (Diluted)	401	101	101	100	101
Shares Change	298.11%	0.00%	0.30%	-0.20%	-74.97%
EPS (Basic)	1.20	3.45	2.07	11.92	1.82
EPS (Diluted)	1.20	3.44	2.07	11.45	1.74
EPS Growth	-65.12%	66.18%	-81.92%	558.05%	544.44%
Free Cash Flow	280.07	149.93	784.46	490.12	-39.79
Free Cash Flow Per Share	0.70	1.49	7.79	4.88	-0.40
Gross Margin	69.06%	74.39%	71.83%	77.03%	69.05%
Operating Margin	38.13%	39.61%	26.22%	54.10%	34.59%
Profit Margin	39.11%	36.44%	23.52%	53.97%	33.63%
Free Cash Flow Margin	22.77%	15.74%	88.32%	22.91%	-7.63%
Effective Tax Rate	10.66%	11.72%	4.66%	0.91%	7.32%
EBITDA	470.45	575.37	358.8	1,431	227.69
EBITDA Margin	38.24%	60.40%	40.40%	66.91%	43.68%
Depreciation & Amortization	13.97	117.43	104.73	267.66	38.01
EBIT	456.48	457.94	254.07	1,163	189.68
EBIT Margin	37.11%	48.07%	28.61%	54.40%	36.39%

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