Key financial indicators
|
Indicator |
Group |
Company |
||||
|
2023 |
2022 |
2021 |
2023 |
2022 |
2021 |
|
|
Revenue, EUR million |
195.4 |
203.2 |
163.2 |
101.7 |
90.5 |
67.6 |
|
Net profit, EUR million |
25.3 |
10.6 |
12.4 |
25.4 |
16.4 |
3.2 |
|
EBITDA, EUR million |
38.9 |
21.4 |
23.7 |
28.0 |
10.1 |
5.9 |
|
EBIT, EUR million |
29.4 |
12.1 |
13.9 |
28.4 |
17.3 |
3.0 |
|
Profitability ratios |
|
|
|
|
|
|
|
Gross margin |
26.4% |
15.2% |
20.6% |
30.5% |
12.0% |
13.4% |
|
EBITDA margin |
19.9% |
10.5% |
14.5% |
27.5% |
11.2% |
8.8% |
|
EBIT margin |
15.1% |
6.0% |
8.5% |
27.9% |
19.1% |
4.4% |
|
Net margin |
13.0% |
5.2% |
7.5% |
24.9% |
18.1% |
4.8% |
|
ROE margin |
23.6% |
11.0% |
13.3% |
33.4% |
26.7% |
5.5% |
|
ROA margin |
16.9% |
7.6% |
9.6% |
25.2% |
19.9% |
4.2% |
|
ROCE margin |
23.3% |
11.2% |
13.8% |
31.7% |
24.6% |
5.0% |
|
Liquidity ratios |
|
|
|
|
|
|
|
Current ratio |
2.45 |
1.71 |
1.51 |
2.46 |
1.75 |
1.01 |
|
Quick ratio |
1.98 |
1.13 |
1.07 |
2.19 |
1.22 |
0.72 |
|
Capital structure ratios |
|
|
|
|
|
|
|
Debt to equity ratio |
0.35 |
0.46 |
0.41 |
0.31 |
0.35 |
0.33 |
|
Debt to total assets ratio |
0.26 |
0.31 |
0.29 |
0.24 |
0.26 |
0.25 |
|
Market value ratios* |
|
|
|
|
|
|
|
P/E |
5.69 |
8.79 |
9.92 |
5.67 |
5.64 |
37.83 |
|
Dividend pay-out ratio |
26.0% |
62.4% |
64.3% |
25.9% |
40.1% |
245.1% |
|
Basic earnings per share, in EUR |
0.193 |
0.080 |
0.093 |
0.193 |
0.125 |
0.024 |
|
Diluted earnings per share, in EUR |
0.190 |
0.079 |
0.092 |
0.191 |
0.123 |
0.024 |
The above-mentioned indicators have been calculated in accordance with the formulas recommended by Nasdaq Vilnius AB:
EBITDA profitability = EBITDA / sales revenue. EBITDA to revenue ratio shows the overview of operational efficiency and cash flows.
Gross margin = Gross profit / sales revenue. Gross profit margin shows the ability to earn profit from operating activity, control the level of sales revenue and cost.
EBIT profitability = Profit from operations / sales revenue. Monetary value of the coefficient shows operating margin to 1 sales EUR. Higher ratio shows higher profitability.
Net margin = Net profit attributable to Shareholders / sales revenue. The ratio describes the profitability of the final total operational result.
ROE profitability = Net profit attributable to Shareholders / average equity. This ratio estimates shareholders’ return on investment.
ROA profitability = Net profit attributable to Shareholders / average assets. Return on assets shows how effectively assets are used to generate profit.
ROCE profitability = EBIT / capital used. The used capital return shows income generated by each euro invested in the capital.
Current ratio = Current assets / current liabilities. The ratio shows the ability to cover current liabilities with current assets.
Quick ratio = (Current assets – Inventories) / current liabilities. Liquidity describing the ability to fulfil current liabilities from quickly realisable current assets.
Debt to equity ratio = Liabilities / equity. The ratio estimates the combination of fund resources in the balance and compares funds from owners and those that were borrowed.
Debt ratio = Liabilities / assets. The ratio shows the asset share financed from borrowed funds. The lower the value, the more borrowings are covered with assets.
P/E = the market price of share / total of attributable profit. The ratio shows how much investors pay for one EUR of profit.
Dividend pay-out ratio = Dividends / Net profit attributable to Shareholders. The ratio shows the portion of earnings paid out as dividends.
Basic earnings per share = (Net profit – preferred stock dividends) / weighted average number of ordinary shares in circulation. The calculated profit shows the earned net profit per share.
Diluted earnings per share = (Net profit – preferred stock dividends) / (weighted average number of ordinary shares in circulation + weighted average number of dilutive shares, i.e. shares that can be converted to ordinary shares). The calculated profit shows the diluted net profit per share.