Income Statement Elon AB London S.E.

Stocks

0KO0

SE0001572520

Internet Services

Market Closed - London S.E. 11:59:08 2018-05-21 EDT			5-day change	1st Jan Change
56.20 ^SEK	-1.40%		+174.15%	+210.50%

06-29	Elon Appoints New Logistics Chief to Executive Management	FW
06-22	Elon's chief product officer Onur Dogay is leaving the company	FW

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Published financial data: ELON AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2022	2023	2024	2025
Revenues	4.72B	4.89B	4.73B	4.67B
Total Revenues	4.72B	4.89B	4.73B	4.67B
Cost of Goods Sold, Total	4.04B	4.23B	4.05B	3.89B
Gross Profit	677M	660M	683M	782M
Selling General & Admin Expenses, Total	575M	602M	603M	696M
Depreciation & Amortization - (IS)	86.32M	95.02M	98.34M	106M
Other Operating Expenses	-42.18M	-41.68M	-28.37M	-14.82M
Other Operating Expenses, Total	619M	655M	673M	787M
Operating Income	58.28M	4.64M	10.05M	-4.71M
Interest Expense, Total	-9.29M	-14.29M	-16M	-13.68M
Interest And Investment Income	5.27M	8.65M	10.86M	7M
Net Interest Expenses	-4.02M	-5.63M	-5.14M	-6.69M
Currency Exchange Gains (Loss)	-6.92M	-11M	-3.41M	-3.42M
Other Non Operating Income (Expenses)	994K	55K	10K	2K
EBT, Excl. Unusual Items	48.34M	-11.94M	1.52M	-14.82M
Merger & Related Restructuring Charges	-18.91M	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-14.65M
Gain (Loss) On Sale Of Assets	9.62M	16K	-	508K
Other Unusual Items	-	-	-	-66.36M
EBT, Incl. Unusual Items	39.06M	-11.92M	1.52M	-95.33M
Income Tax Expense	5.76M	4.73M	-1.82M	4.04M
Earnings From Continuing Operations	33.3M	-16.65M	3.34M	-99.37M
Net Income to Company	33.3M	-16.65M	3.34M	-99.37M
Net Income - (IS)	33.3M	-16.65M	3.34M	-99.37M
Net Income to Common Incl Extra Items	33.3M	-16.65M	3.34M	-99.37M
Net Income to Common Excl. Extra Items	33.3M	-16.65M	3.34M	-99.37M
Per Share Items
Net EPS - Basic	2.57	-1.12	0.22	-6.69
Basic EPS - Continuing Operations	2.57	-1.12	0.22	-6.69
Basic Weighted Average Shares Outstanding	12.94M	14.86M	14.86M	14.86M
Net EPS - Diluted	2.57	-1.12	0.22	-6.69
Diluted EPS - Continuing Operations	2.57	-1.12	0.22	-6.69
Diluted Weighted Average Shares Outstanding	13.33M	14.86M	14.86M	14.86M
Normalized Basic EPS	2.34	-0.5	0.06	-0.62
Normalized Diluted EPS	2.27	-0.5	0.06	-0.62
Dividend Per Share	2	1.25	1.25	-
Payout Ratio	89.26	-178.46	555.97	-18.69
Supplemental Items
EBITDA	86.75M	40.32M	44.34M	25.37M
EBITA	66.05M	15.51M	20.03M	2.59M
EBIT	58.28M	4.64M	10.05M	-4.71M
Total Revenues (As Reported)	4.77B	4.93B	4.76B	4.69B
Effective Tax Rate - (Ratio)	14.75	-39.67	-119.8	-4.24
Total Current Taxes	8.46M	16.98M	5.4M	2.72M
Total Deferred Taxes	-2.7M	-12.25M	-7.23M	1.32M
Normalized Net Income	30.21M	-7.46M	950K	-9.26M
Interest on Long-Term Debt	5.31M	5.1M	4.44M	3.95M
Supplemental Operating Expense Items
Marketing Expenses	209M	183M	197M	200M
Selling and Marketing Expenses	209M	183M	197M	200M

Fiscal Period: December	2022	2023	2024	2025
Assets
Cash And Equivalents	52M	130M	53.08M	25.97M
Total Cash And Short Term Investments	52M	130M	53.08M	25.97M
Accounts Receivable, Total	745M	693M	572M	489M
Other Receivables	137M	133M	206M	186M
Total Receivables	882M	826M	777M	674M
Inventory	600M	604M	658M	583M
Prepaid Expenses	65.38M	43.93M	-	-
Other Current Assets, Total	3.06M	-	3.9M	1K
Total Current Assets	1.6B	1.6B	1.49B	1.28B
Gross Property Plant And Equipment	441M	435M	450M	394M
Accumulated Depreciation	-71.1M	-88.54M	-113M	-122M
Net Property Plant And Equipment	370M	346M	337M	273M
Goodwill	43.79M	43.79M	87.15M	92.35M
Other Intangibles, Total	53.7M	42.83M	37.82M	30.52M
Loans Receivable Long-Term	70.09M	75.89M	102M	46.39M
Deferred Tax Assets Long-Term	2.7M	5.4M	8.37M	27.57M
Deferred Charges Long-Term	43.15M	48.55M	47.8M	49.04M
Other Long-Term Assets, Total	26.81M	5M	8.26M	3.34M
Total Assets	2.21B	2.17B	2.12B	1.8B
Liabilities
Accounts Payable, Total	986M	1.05B	901M	833M
Accrued Expenses, Total	140M	119M	155M	138M
Short-term Borrowings	34.39M	35.16M	114M	29.83M
Current Portion of Long-Term Debt	-	-	266K	34K
Current Portion of Leases	43.92M	42.35M	50.37M	43.9M
Current Income Taxes Payable	760K	-	-	438K
Other Current Liabilities	75.46M	74.6M	45.14M	138M
Total Current Liabilities	1.28B	1.32B	1.27B	1.18B
Long-Term Debt	-	-	3.02M	1.4M
Long-Term Leases	245M	236M	220M	191M
Deferred Tax Liability Non Current	9.55M	-	-	-
Other Non Current Liabilities	52.33M	61.3M	69.38M	60.35M
Total Liabilities	1.59B	1.62B	1.56B	1.44B
Common Stock, Total	37.15M	37.15M	37.15M	37.15M
Additional Paid In Capital	280M	280M	280M	280M
Retained Earnings	305M	259M	243M	54.56M
Comprehensive Income and Other	2.87M	-19.97M	1.85M	-3.58M
Total Common Equity	625M	556M	562M	368M
Total Equity	625M	556M	562M	368M
Total Liabilities And Equity	2.21B	2.17B	2.12B	1.8B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.86M	14.86M	14.86M	14.86M
ECS Total Common Shares Outstanding	5.86M	14.86M	14.86M	14.86M
Book Value / Share	106.56	37.39	37.84	24.77
Tangible Book Value	527M	469M	437M	245M
Tangible Book Value Per Share	89.94	31.56	29.43	16.5
Total Debt	324M	314M	387M	267M
Net Debt	272M	183M	334M	241M
Account Code - Inventory Valuation	-	3	3	3
Land - (BS)	-	-	-	3.2M
Buildings, Total	-	-	6.05M	-
Machinery, Total	152M	158M	170M	156M
Full Time Employees	-	237	253	345

Fiscal Period: December	2022	2023	2024	2025
Net Income	33.3M	-16.65M	3.34M	-99.37M
Depreciation & Amortization - CF	65.09M	67.49M	68.72M	78.03M
Amortization of Goodwill and Intangible Assets - (CF)	7.78M	10.87M	9.98M	7.29M
Depreciation & Amortization, Total	72.87M	78.35M	78.7M	85.32M
Amortization of Deferred Charges, Total - (CF)	18.71M	13.59M	18.94M	19.37M
(Gain) Loss From Sale Of Asset	-7.84M	-16K	-	-
Asset Writedown & Restructuring Costs	-5.25M	3.07M	696K	1.34M
Other Operating Activities, Total	-4.74M	-1.11M	-10.31M	90.17M
Change In Accounts Receivable	33.8M	84.35M	116M	84.29M
Change In Inventories	-92.61M	-3.94M	-30.19M	70.38M
Change in Other Net Operating Assets	-688K	15.87M	-174M	-93.99M
Cash from Operations	47.53M	174M	3.61M	158M
Capital Expenditure	-32.31M	-15.81M	-9.12M	-6.37M
Sale of Property, Plant, and Equipment	15.1M	100K	-	3M
Cash Acquisitions	96.88M	-	-	-
Sale (Purchase) of Intangible assets	-5.27M	-18.98M	-16.9M	-20.6M
Investment in Marketable and Equity Securities, Total	-13.88M	16M	-34.07M	1.6M
Other Investing Activities, Total	-	4K	-	-
Cash from Investing	60.53M	-18.68M	-60.09M	-22.38M
Short Term Debt Issued, Total	-	-	63.73M	-
Total Debt Issued	-	-	63.73M	-
Short Term Debt Repaid, Total	-7.98M	-2.43M	-21.56M	-87.24M
Long-Term Debt Repaid, Total	-42.33M	-44.48M	-44.23M	-56.44M
Total Debt Repaid	-50.31M	-46.92M	-65.78M	-144M
Common Dividends Paid	-29.72M	-29.72M	-18.58M	-18.58M
Common & Preferred Stock Dividends Paid	-29.72M	-29.72M	-18.58M	-18.58M
Other Financing Activities, Total	2.82M	-	-	-1K
Cash from Financing	-77.21M	-76.64M	-20.63M	-162M
Miscellaneous Cash Flow Adjustments	-	-	1K	-
Net Change in Cash	30.85M	78.19M	-77.12M	-27.11M
Supplemental Items
Cash Interest Paid	17.2M	25.29M	19.4M	16.42M
Cash Income Tax Paid (Refund)	17.96M	15.7M	16.58M	-15.17M
Levered Free Cash Flow	-	167M	-38.03M	168M
Unlevered Free Cash Flow	-	176M	-28.03M	177M
Change In Net Working Capital	-	-116M	106M	-102M
Net Debt Issued / Repaid	-50.31M	-46.92M	-2.06M	-144M

Fiscal Period: December	2022	2023	2024	2025
Profitability
Return on Assets	-	0.13	0.29	-0.15
Return on Total Capital	-	0.32	0.69	-0.39
Return On Equity %	-	-2.82	0.6	-23.12
Return on Common Equity	-	-2.82	0.6	-23.12
Margin Analysis
Gross Profit Margin %	14.34	13.51	14.44	16.74
SG&A Margin	12.17	12.32	12.74	14.89
EBITDA Margin %	1.84	0.82	0.94	0.54
EBITA Margin %	1.4	0.32	0.42	0.06
EBIT Margin %	1.23	0.09	0.21	-0.1
Income From Continuing Operations Margin %	0.71	-0.34	0.07	-2.13
Net Income Margin %	0.71	-0.34	0.07	-2.13
Net Avail. For Common Margin %	0.71	-0.34	0.07	-2.13
Normalized Net Income Margin	0.64	-0.15	0.02	-0.2
Levered Free Cash Flow Margin	-	3.42	-0.8	3.61
Unlevered Free Cash Flow Margin	-	3.6	-0.59	3.79
Asset Turnover
Asset Turnover	-	2.23	2.2	2.37
Fixed Assets Turnover	-	13.65	13.84	15.33
Receivables Turnover (Average Receivables)	-	6.8	7.48	8.81
Inventory Turnover (Average Inventory)	-	7.02	6.41	6.27
Short Term Liquidity
Current Ratio	1.25	1.22	1.18	1.08
Quick Ratio	0.73	0.72	0.66	0.59
Operating Cash Flow to Current Liabilities	0.04	0.13	0	0.13
Days Sales Outstanding (Average Receivables)	-	53.69	48.94	41.42
Days Outstanding Inventory (Average Inventory)	-	52.01	57.11	58.23
Average Days Payable Outstanding	-	87.72	87.02	83
Cash Conversion Cycle (Average Days)	-	17.98	19.03	16.65
Long Term Solvency
Total Debt/Equity	51.81	56.42	68.91	72.42
Total Debt / Total Capital	34.13	36.07	40.8	42
LT Debt/Equity	39.28	42.47	39.64	52.38
Long-Term Debt / Total Capital	25.87	27.15	23.47	30.38
Total Liabilities / Total Assets	71.76	74.42	73.48	79.61
EBIT / Interest Expense	6.28	0.32	0.63	-0.34
EBITDA / Interest Expense	14.12	5.81	5.55	5.89
(EBITDA - Capex) / Interest Expense	10.64	4.7	4.98	5.43
Total Debt / EBITDA	2.47	3.78	4.37	3.31
Net Debt / EBITDA	2.07	2.21	3.77	2.98
Total Debt / (EBITDA - Capex)	3.28	4.67	4.87	3.59
Net Debt / (EBITDA - Capex)	2.75	2.73	4.2	3.24
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	3.57	-3.27	-1.21
Gross Profit, 1 Yr. Growth %	-	-2.49	3.4	20.45
EBITDA, 1 Yr. Growth %	-	-53.52	9.96	128.74
EBITA, 1 Yr. Growth %	-	-76.52	29.17	-119.56
EBIT, 1 Yr. Growth %	-	-92.04	116.57	-79.71
Earnings From Cont. Operations, 1 Yr. Growth %	-	-150.02	-120.06	330.92
Net Income, 1 Yr. Growth %	-	-150.02	-120.06	330.92
Normalized Net Income, 1 Yr. Growth %	-	-124.7	-112.73	-53.31
Diluted EPS Before Extra, 1 Yr. Growth %	-	-143.54	-119.63	328.85
Accounts Receivable, 1 Yr. Growth %	-	-6.98	-17.52	-14.52
Inventory, 1 Yr. Growth %	-	0.66	8.89	-11.45
Net Property, Plant and Equip., 1 Yr. Growth %	-	-6.35	-2.8	-18.96
Total Assets, 1 Yr. Growth %	-	-1.84	-2.4	-15.6
Tangible Book Value, 1 Yr. Growth %	-	-11.06	-6.77	-33.09
Common Equity, 1 Yr. Growth %	-	-11.08	1.18	-25.1
Cash From Operations, 1 Yr. Growth %	-	265.03	-97.92	4.26K
Capital Expenditures, 1 Yr. Growth %	-	-51.08	-42.28	-30.14
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-122.76	454.26
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-115.92	338.21
Dividend Per Share, 1 Yr. Growth %	-	-37.5	0	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	0.09	-2.24
Gross Profit, 2 Yr. CAGR %	-	-	0.42	8.85
EBITDA, 2 Yr. CAGR %	-	-	-28.51	-20.68
EBITA, 2 Yr. CAGR %	-	-	-44.93	-59.16
EBIT, 2 Yr. CAGR %	-	-	-58.47	0.71
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-68.32	144.27
Net Income, 2 Yr. CAGR %	-	-	-68.32	144.27
Normalized Net Income, 2 Yr. CAGR %	-	-	-82.27	11.4
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-70.76	144.33
Accounts Receivable, 2 Yr. CAGR %	-	-	-12.41	-16.03
Inventory, 2 Yr. CAGR %	-	-	4.69	-1.81
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-4.59	-11.25
Total Assets, 2 Yr. CAGR %	-	-	-2.12	-8.85
Tangible Book Value, 2 Yr. CAGR %	-	-	-8.94	-27.7
Common Equity, 2 Yr. CAGR %	-	-	-5.14	-18.61
Cash From Operations, 2 Yr. CAGR %	-	-	-72.45	-4.72
Capital Expenditures, 2 Yr. CAGR %	-	-	-46.86	-36.5
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	0.41
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	0.29
Dividend Per Share, 2 Yr. CAGR %	-	-	-20.94	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-0.34
Gross Profit, 3 Yr. CAGR %	-	-	-	4.93
EBITDA, 3 Yr. CAGR %	-	-	-	-33.62
EBITA, 3 Yr. CAGR %	-	-	-	-66.04
EBIT, 3 Yr. CAGR %	-	-	-	-56.77
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	43.97
Net Income, 3 Yr. CAGR %	-	-	-	43.97
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-32.58
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	37.49
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-13.12
Inventory, 3 Yr. CAGR %	-	-	-	-0.99
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-9.64
Total Assets, 3 Yr. CAGR %	-	-	-	-6.57
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-22.53
Common Equity, 3 Yr. CAGR %	-	-	-	-16.17
Cash From Operations, 3 Yr. CAGR %	-	-	-	49.09
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-41.79