Titan America SA (TTAM)

Titan America Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,644	1,592	1,364	1,152
Revenue Growth (YoY)	-	16.67%	18.37%	-
Cost of Revenue	-	1,228	1,143	956.26
Gross Profit	412.91	363.49	221.27	196.16
Selling, General & Admin	-	130.92	117.45	101.02
Other Operating Expenses	0	6.94	6.77	0.97
Operating Expenses	-	137.85	124.22	101.98
Operating Income	257.3	225.64	97.04	94.18
Interest Expense / Income	21.92	22.24	19.08	21.86
Other Expense / Income	7.78	1.01	-1.73	-2.24
Pretax Income	227.6	202.38	79.69	74.56
Income Tax	52.61	47.13	16.97	15.34
Net Income	174.99	155.24	62.72	59.22
Net Income Growth	-	147.52%	5.91%	-
Free Cash Flow	141.52	108.38	50.1	75.25
Gross Margin	25.12%	22.84%	16.22%	17.02%
Operating Margin	15.65%	14.18%	7.11%	8.17%
Profit Margin	10.65%	9.75%	4.60%	5.14%
Free Cash Flow Margin	8.61%	6.81%	3.67%	6.53%
Effective Tax Rate	23.11%	23.29%	21.30%	20.57%
EBITDA	345.82	315.7	186.5	178.14
EBITDA Margin	21.04%	19.84%	13.67%	15.46%
Depreciation & Amortization	96.31	91.08	87.73	81.73
EBIT	249.52	224.62	98.77	96.41
EBIT Margin	15.18%	14.11%	7.24%	8.37%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).