SOT Income Statement - TTM - Société de Therapeutique Marocaine S.A.

Income Statement (TTM)

Société de Therapeutique Marocaine S.A. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31
Revenue	1,737	1,798	1,869	1,940	1,998	2,056	2,145	2,233	2,268	2,302	2,319	2,336	2,411	2,486	2,558	2,630	2,723	2,816
Change (%)		3.53	3.95	3.80	2.99	2.90	4.32	4.14	1.53	1.51	0.74	0.74	3.21	3.11	2.89	2.81	3.54	3.42
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	879	914	958	1,003	1,019	1,035	1,075	1,114	1,159	1,203	1,222	1,240	1,288	1,335	1,388	1,441	1,465	1,488
Change (%)		4.02	4.84	4.62	1.63	1.60	3.81	3.67	3.99	3.84	1.54	1.52	3.82	3.68	3.98	3.82	1.63	1.60
% of Revenue	50.60	50.84	51.28	51.68	51.00	50.36	50.11	49.89	51.10	52.27	52.68	53.09	53.41	53.70	54.27	54.81	53.79	52.85

Gross Operating Profit	858	884	911	937	979	1,021	1,070	1,119	1,109	1,099	1,097	1,096	1,123	1,151	1,170	1,188	1,258	1,328
Change (%)		3.03	3.03	2.94	4.44	4.25	4.83	4.61	-0.92	-0.93	-0.13	-0.13	2.52	2.46	1.63	1.60	5.86	5.54
% of Revenue	49.40	49.16	48.72	48.32	49.00	49.64	49.89	50.11	48.90	47.73	47.32	46.91	46.59	46.30	45.73	45.19	46.21	47.15

SG&A	448	471	492	513	528	542	557	572	588	605	621	638	661	683	683	682	706	731
Change (%)		5.34	4.45	4.26	2.82	2.75	2.72	2.64	2.87	2.79	2.73	2.65	3.58	3.46	-0.08	-0.08	3.54	3.42
% of Revenue	25.77	26.22	26.35	26.47	26.42	26.38	25.98	25.60	25.94	26.27	26.79	27.30	27.40	27.49	26.70	25.95	25.95	25.95

R&D
Change (%)
% of Revenue

OpEx	1,339	1,402	1,459	1,516	1,556	1,596	1,657	1,718	1,768	1,819	1,865	1,911	2,001	2,091	2,152	2,214	2,250	2,286
Change (%)		4.77	4.04	3.88	2.67	2.60	3.80	3.66	2.95	2.87	2.52	2.45	4.72	4.51	2.94	2.85	1.63	1.61
% of Revenue	77.08	78.00	78.07	78.13	77.88	77.65	77.27	76.91	77.99	79.03	80.42	81.79	82.99	84.11	84.15	84.19	82.64	81.19

Operating Income	398	395	410	424	442	459	488	516	499	483	454	425	410	395	405	416	473	530
Change (%)		-0.65	3.64	3.52	4.14	3.98	6.12	5.77	-3.20	-3.31	-5.94	-6.31	-3.57	-3.70	2.63	2.56	13.72	12.06
% of Revenue	22.92	22.00	21.93	21.87	22.12	22.35	22.73	23.09	22.01	20.97	19.58	18.21	17.01	15.89	15.85	15.81	17.36	18.81

Interest Expense	-11	-11	-11	-11	-10	-9	-9	-10	-10	-10	-11	-13	-16	-20	-23	-26	-29	-31
Change (%)		-0.33	-1.46	-1.48	-7.33	-8.68	2.98	2.89	1.57	2.32	12.43	11.05	31.35	23.86	14.46	12.63	9.44	8.63
% of Revenue	-0.64	-0.62	-0.58	-0.55	-0.50	-0.44	-0.44	-0.43	-0.43	-0.44	-0.49	-0.54	-0.68	-0.82	-0.91	-1.00	-1.06	-1.11

Net Income	233	230	240	249	264	279	293	306	286	267	264	260	262	263	269	274	295	315
Change (%)		-1.10	4.12	3.96	5.95	5.62	4.91	4.68	-6.47	-6.92	-1.17	-1.18	0.46	0.45	2.22	2.17	7.45	6.93
% of Revenue	13.40	12.80	12.83	12.85	13.21	13.56	13.64	13.71	12.63	11.58	11.36	11.15	10.85	10.57	10.50	10.44	10.83	11.20

Source: Capital IQ

Société de Therapeutique Marocaine S.A. - Income Statement (TTM)

Income Statement (TTM)