ZUE S.A. (WSE:ZUE)

ZUE S.A. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,100	1,219	1,457	921.42	851.45	901.36
Revenue Growth (YoY)	-27.05%	-16.28%	58.08%	8.22%	-5.54%	-9.52%
Cost of Revenue	1,056	1,169	1,401	878.63	816.22	870.03
Gross Profit	43.33	50.47	55.91	42.79	35.23	31.32
Selling, General & Admin	35.07	33.85	30.36	26.16	25.12	23.41
Other Operating Expenses	-0.75	-1.89	-0.47	-0.48	-3.83	-1.66
Operating Expenses	34.33	31.96	29.89	25.68	21.3	21.74
Operating Income	9	18.51	26.02	17.1	13.93	9.58
Interest Expense	-5.14	-4.98	-3.32	-1.82	-1.21	-1.58
Interest & Investment Income	2.09	2.28	1.08	1.6	0.24	0.47
Currency Exchange Gain (Loss)	-1	-1.4	-2.32	-0.12	-0.04	-0.16
Other Non Operating Income (Expenses)	-1.66	-2.82	2.67	4.31	2.2	0.66
EBT Excluding Unusual Items	3.29	11.59	24.14	21.07	15.13	8.97
Gain (Loss) on Sale of Investments	-	-	0.4	-	-	-
Gain (Loss) on Sale of Assets	0.35	1.26	5.03	0.91	0.65	0.51
Asset Writedown	-	-	-	-	-	1
Legal Settlements	-0.54	-0.71	-0.63	-1.03	-0.41	-0.48
Other Unusual Items	-	-	-	1.15	-	-
Pretax Income	3.1	12.14	28.93	22.11	15.36	10.01
Income Tax Expense	-1.95	1.36	7.8	4.82	3.54	5.75
Earnings From Continuing Operations	5.05	10.78	21.13	17.29	11.82	4.27
Minority Interest in Earnings	-0.04	-0.06	-0.1	-0.9	-0.06	-0.01
Net Income	5	10.72	21.03	16.39	11.77	4.26
Preferred Dividends & Other Adjustments	-	-	-	-	0	-
Net Income to Common	5	10.72	21.03	16.39	11.76	4.26
Net Income Growth	-76.04%	-49.03%	28.31%	39.33%	176.17%	13.51%
Shares Outstanding (Basic)	22	23	23	23	23	22
Shares Outstanding (Diluted)	22	23	23	23	23	22
Shares Change (YoY)	-1.29%	0.19%	-	-	1.54%	-4.41%
EPS (Basic)	0.22	0.47	0.92	0.72	0.52	0.19
EPS (Diluted)	0.22	0.47	0.92	0.72	0.52	0.19
EPS Growth	-75.73%	-49.13%	28.31%	39.35%	171.96%	18.75%
Free Cash Flow	48.86	-121.16	129.23	-47.42	103.79	8.94
Free Cash Flow Per Share	2.17	-5.31	5.68	-2.08	4.56	0.40
Dividend Per Share	-	-	0.210	0.070	0.150	-
Dividend Growth	-	-	200.00%	-53.33%	-	-
Gross Margin	3.94%	4.14%	3.84%	4.64%	4.14%	3.48%
Operating Margin	0.82%	1.52%	1.79%	1.86%	1.64%	1.06%
Profit Margin	0.46%	0.88%	1.44%	1.78%	1.38%	0.47%
Free Cash Flow Margin	4.44%	-9.94%	8.87%	-5.15%	12.19%	0.99%
EBITDA	18.98	28.53	36.84	27.45	23.31	18.36
EBITDA Margin	1.73%	2.34%	2.53%	2.98%	2.74%	2.04%
D&A For EBITDA	9.98	10.03	10.82	10.34	9.39	8.78
EBIT	9	18.51	26.02	17.1	13.93	9.58
EBIT Margin	0.82%	1.52%	1.79%	1.86%	1.64%	1.06%
Effective Tax Rate	-	11.18%	26.97%	21.80%	23.06%	57.40%

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.