Magnitogorsk Iron & Steel Works (MOEX:MAGN)

MOEX:MAGN Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	768,466	763,390	699,817	890,650	472,910
Revenue Growth (YoY)	0.66%	9.08%	-21.43%	88.33%	0.67%
Cost of Revenue	592,380	543,395	527,155	479,130	302,382
Gross Profit	176,086	219,995	172,662	411,519	170,529
Selling, General & Admin	76,818	73,300	60,713	54,179	40,525
Other Operating Expenses	-453	4,707	5,576	75,640	50,804
Operating Expenses	76,365	78,007	79,753	129,819	91,476
Operating Income	99,721	141,988	92,909	281,700	79,053
Interest Expense	-5,500	-6,514	-5,969	-2,776	-2,736
Interest & Investment Income	18,897	10,878	5,170	2,101	1,701
Currency Exchange Gain (Loss)	1,037	4,931	3,119	2,326	-9,540
Other Non Operating Income (Expenses)	-6,780	-4,218	-6,317	-4,127	-5,546
EBT Excluding Unusual Items	107,375	147,065	88,912	279,224	62,931
Gain (Loss) on Sale of Investments	76	36	13	-	-
Gain (Loss) on Sale of Assets	2,118	273	-587	-	-4,141
Asset Writedown	-	-	-	18,760	221.85
Legal Settlements	189	-33	-18	-150.08	-1,257
Pretax Income	109,758	147,341	89,341	299,034	58,421
Income Tax Expense	30,018	28,981	18,973	64,835	13,755
Earnings From Continuing Operations	79,740	118,360	70,368	234,200	44,666
Minority Interest in Earnings	116	-183	-194	-225.12	-73.95
Net Income	79,856	118,177	70,174	233,975	44,592
Net Income to Common	79,856	118,177	70,174	233,975	44,592
Net Income Growth	-32.43%	68.41%	-70.01%	424.70%	-15.50%
Shares Outstanding (Basic)	11,174	11,174	11,174	11,174	11,174
Shares Outstanding (Diluted)	11,174	11,174	11,174	11,174	11,174
EPS (Basic)	7.15	10.58	6.28	20.94	3.99
EPS (Diluted)	7.15	10.58	6.28	20.94	3.99
EPS Growth	-32.43%	68.41%	-70.01%	424.71%	-15.50%
Free Cash Flow	14,402	20,869	63,950	119,764	40,155
Free Cash Flow Per Share	1.29	1.87	5.72	10.72	3.59
Dividend Per Share	-	2.752	-	-	3.943
Dividend Growth	-	-	-	-	-26.09%
Gross Margin	22.91%	28.82%	24.67%	46.20%	36.06%
Operating Margin	12.98%	18.60%	13.28%	31.63%	16.72%
Profit Margin	10.39%	15.48%	10.03%	26.27%	9.43%
Free Cash Flow Margin	1.87%	2.73%	9.14%	13.45%	8.49%
EBITDA	151,606	194,256	149,980	319,896	114,844
EBITDA Margin	19.73%	25.45%	21.43%	35.92%	24.29%
D&A For EBITDA	51,885	52,268	57,071	38,195	35,792
EBIT	99,721	141,988	92,909	281,700	79,053
EBIT Margin	12.98%	18.60%	13.28%	31.63%	16.72%
Effective Tax Rate	27.35%	19.67%	21.24%	21.68%	23.54%
Advertising Expenses	-	-	-	225.12	147.9

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.