Turbo Energy, S.A. (TURB)

Turbo Energy Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	10.78	13.1	31.15	17.15
Other Revenue	0.1	0.04	0	-
Revenue	10.88	13.14	31.15	17.15
Revenue Growth (YoY)	-54.71%	-57.81%	81.58%	-
Cost of Revenue	11.15	12.04	26.55	14.9
Gross Profit	-0.26	1.1	4.6	2.25
Selling, General & Admin	4.4	3.65	2.91	1.67
Other Operating Expenses	-	-	-	-0
Operating Expenses	4.63	3.74	2.93	1.78
Operating Income	-4.89	-2.64	1.67	0.48
Interest Expense	-0.42	-0.41	-0.31	-0.14
Interest & Investment Income	0.03	0	-	-
Currency Exchange Gain (Loss)	-0.02	-0.08	0.03	0.01
Other Non Operating Income (Expenses)	-0	-0	0	-
Pretax Income	-5.29	-3.13	1.4	0.35
Income Tax Expense	-1.12	-1.12	0.37	0.08
Net Income	-4.18	-2.01	1.03	0.27
Net Income to Common	-4.18	-2.01	1.03	0.27
Net Income Growth	-	-	284.92%	-
Shares Outstanding (Basic)	11	10	10	10
Shares Outstanding (Diluted)	11	10	10	10
Shares Change (YoY)	7.75%	2.76%	-	-
EPS (Basic)	-0.39	-0.20	0.10	0.03
EPS (Diluted)	-0.40	-0.20	0.10	0.03
EPS Growth	-	-	284.92%	-
Free Cash Flow	1.55	0.15	-5.78	0.05
Free Cash Flow Per Share	0.14	0.02	-0.58	0.01
Gross Margin	-2.42%	8.35%	14.78%	13.14%
Operating Margin	-44.94%	-20.11%	5.36%	2.78%
Profit Margin	-38.39%	-15.32%	3.30%	1.56%
Free Cash Flow Margin	14.28%	1.18%	-18.56%	0.31%
EBITDA	-4.83	-2.57	1.68	0.48
EBITDA Margin	-44.35%	-19.58%	5.38%	2.80%
D&A For EBITDA	0.06	0.07	0.01	0
EBIT	-4.89	-2.64	1.67	0.48
EBIT Margin	-44.94%	-20.11%	5.36%	2.78%
Effective Tax Rate	-	-	26.27%	23.26%
Revenue as Reported	10.88	13.14	31.15	17.15

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