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Income Statement SAMM AS

Stocks

6EK0

DK0061551033

Software

Delayed Deutsche Boerse AG 01:45:01 18/01/2024 pm IST			5-day change	1st Jan Change
0.1640 ^EUR	+5.81%		-.--%	-

07/25/07

Samesystem A/S Reports Earnings Results for the Full Year Ended September 30, 2024

263866b28df03a6c7.sDvjUpClatfaKMSIgB-23MFnjfpOHHgtoD5ZRBlooe4.9EqHZM_iM56sbvXLs0bCq7dWz8g_Sg9E6As7Bn1Q_tfZWZUHw88_4_dQ_A

Published financial data: SAMM AS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020 (DKK)	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)
Revenues	3.02Cr	3.24Cr	4.3Cr	4.82Cr	4.01Cr
Total Revenues	3.02Cr	3.24Cr	4.3Cr	4.82Cr	4.01Cr
Cost of Goods Sold, Total	1.21Cr	3.03Cr	5.11Cr	3.28Cr	4.18Cr
Gross Profit	1.8Cr	20.5L	-80.25L	1.54Cr	-16.43L
Selling General & Admin Expenses, Total	1.01Cr	2.41Cr	2.04Cr	1.51Cr	-
Depreciation & Amortization - (IS)	47.79L	58.37L	75.71L	75.45L	62.12L
Other Operating Expenses, Total	1.49Cr	2.99Cr	2.8Cr	2.26Cr	62.12L
Operating Income	31.66L	-2.79Cr	-3.6Cr	-72.05L	-78.55L
Interest Expense, Total	-2L	-8L	-10L	-9L	-7L
Interest And Investment Income	76.86T	-	-	-	9T
Net Interest Expenses	-1L	-8L	-10L	-9L	-7L
Currency Exchange Gains (Loss)	-21.43T	-66T	-1L	-58T	-83T
Other Non Operating Income (Expenses)	-	-	-	-	-66T
EBT, Excl. Unusual Items	30L	-2.87Cr	-3.71Cr	-81.17L	-86.95L
Other Unusual Items	12.72L	-	-	-	-
EBT, Incl. Unusual Items	42.72L	-2.87Cr	-3.71Cr	-81.17L	-86.95L
Income Tax Expense	10.26L	-65.1L	-22.77L	53.53L	24T
Earnings From Continuing Operations	32.46L	-2.22Cr	-3.48Cr	-1.35Cr	-87.19L
Net Income to Company	32.46L	-2.22Cr	-3.48Cr	-1.35Cr	-87.19L
Net Income - (IS)	32.46L	-2.22Cr	-3.48Cr	-1.35Cr	-87.19L
Preferred Dividend and Other Adjustments	-	-	-	-3L	-
Net Income to Common Incl Extra Items	32.46L	-2.22Cr	-3.48Cr	-1.32Cr	-87.19L
Net Income to Common Excl. Extra Items	32.46L	-2.22Cr	-3.48Cr	-1.32Cr	-87.19L
Per Share Items
Net EPS - Basic	0.06	-0.38	-0.51	-0.19	-
Basic EPS - Continuing Operations	0.06	-0.38	-0.51	-0.19	-
Basic Weighted Average Shares Outstanding	5.17Cr	5.88Cr	6.77Cr	7.08Cr	-
Net EPS - Diluted	0.06	-0.38	-0.51	-0.19	-
Diluted EPS - Continuing Operations	0.06	-0.38	-0.51	-0.19	-
Diluted Weighted Average Shares Outstanding	5.17Cr	5.89Cr	6.77Cr	7.08Cr	-
Normalized Basic EPS	0.04	-0.31	-0.34	-0.07	-
Normalized Diluted EPS	0.04	-0.3	-0.34	-0.07	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	33.18L	-2.77Cr	-3.58Cr	-69.8L	-76.3L
EBITA	31.66L	-2.79Cr	-3.6Cr	-72.05L	-78.55L
EBIT	31.66L	-2.79Cr	-3.6Cr	-72.05L	-78.55L
Effective Tax Rate - (Ratio)	24.02	22.67	6.13	-65.95	-0.28
Total Current Taxes	44.45T	67T	4T	-48T	24T
Total Deferred Taxes	10L	-65.77L	-22.81L	48.43L	-
Normalized Net Income	18.75L	-1.79Cr	-2.32Cr	-50.73L	-54.34L
Interest on Long-Term Debt	2L	2L	7L	5L	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	36.31L	41.24L	42.64L	47.88L	46.39L
Stock-Based Comp., Other (Total)	-	2L	-	-	-
Total Stock-Based Compensation	-	2L	-	-	-

Fiscal Period: September	2020 (DKK)	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)
Assets
Cash And Equivalents	4L	4.32Cr	42.4L	23.92L	14.72L
Total Cash And Short Term Investments	4L	4.32Cr	42.4L	23.92L	14.72L
Accounts Receivable, Total	18.59L	10L	11.96L	11.79L	21.97L
Other Receivables	12.86T	96T	48T	2L	66T
Notes Receivable	7L	-	7T	-	-
Total Receivables	25.26L	10.6L	12.51L	13.35L	22.63L
Inventory	-	37T	79T	63T	2L
Prepaid Expenses	44.09T	6L	8L	10.66L	19.86L
Other Current Assets, Total	-	-	-1T	-	1L
Total Current Assets	29.81L	4.49Cr	64.04L	48.56L	60.07L
Gross Property Plant And Equipment	55.31L	1.78Cr	1.52Cr	1.66Cr	22.19L
Accumulated Depreciation	-25.89L	-42.08L	-75.17L	-1.03Cr	-15.02L
Net Property Plant And Equipment	29.42L	1.36Cr	77.32L	63.15L	7L
Other Intangibles, Total	2.06Cr	2.97Cr	3.47Cr	3.44Cr	3.39Cr
Deferred Tax Assets Long-Term	5L	25.62L	48.43L	-	-
Other Long-Term Assets, Total	3L	9L	8L	8L	7L
Total Assets	2.73Cr	9.16Cr	5.45Cr	4.63Cr	4.13Cr
Liabilities
Accounts Payable, Total	9L	41.78L	27.35L	28.7L	47.63L
Short-term Borrowings	-	-	2L	-	-
Current Portion of Leases	10.97L	29.5L	20.6L	20.26L	-
Current Income Taxes Payable	-	28T	-	5L	-
Unearned Revenue Current, Total	-	-	25.42L	66.53L	86.1L
Other Current Liabilities	45.79L	1.45Cr	90.25L	85.28L	1.65Cr
Total Current Liabilities	65.94L	2.16Cr	1.65Cr	2.06Cr	2.99Cr
Long-Term Leases	15.36L	98.23L	53.37L	40.06L	-
Deferred Tax Liability Non Current	45.16L	-	-	-	-
Other Non Current Liabilities	14.55L	4L	-1T	1T	-
Total Liabilities	1.41Cr	3.18Cr	2.19Cr	2.46Cr	2.99Cr
Common Stock, Total	5L	7L	7L	7L	7L
Retained Earnings	1.27Cr	3.57Cr	39.11L	-75.14L	1.07Cr
Comprehensive Income and Other	-	2.34Cr	2.81Cr	2.85Cr	-
Total Common Equity	1.32Cr	5.98Cr	3.27Cr	2.17Cr	1.14Cr
Total Equity	1.32Cr	5.98Cr	3.27Cr	2.17Cr	1.14Cr
Total Liabilities And Equity	2.73Cr	9.16Cr	5.45Cr	4.63Cr	4.13Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.17Cr	6.71Cr	7.02Cr	7.32Cr	-
ECS Total Common Shares Outstanding	5.17Cr	6.71Cr	7.02Cr	7.32Cr	-
Book Value / Share	0.26	0.89	0.47	0.3	-
Tangible Book Value	-73.47L	3.01Cr	-20.44L	-1.26Cr	-2.25Cr
Tangible Book Value Per Share	-0.14	0.45	-0.03	-0.17	-
Total Debt	26.33L	1.28Cr	75.51L	60.32L	0
Net Debt	22.21L	-3.04Cr	33.11L	36.4L	-14.72L
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	11.14L	17.2L	16.75L	18.07L	22.19L
Full Time Employees	79	125	101	63	70
Accumulated Allowance for Doubtful Accounts (Supple)	3L	-	15.82L	15.42L	-

Fiscal Period: September	2020 (DKK)	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)
Net Income	32.46L	-2.22Cr	-3.48Cr	-1.35Cr	-
Depreciation & Amortization - CF	11.47L	17.13L	33.07L	27.57L	-
Depreciation & Amortization, Total	11.47L	17.13L	33.07L	27.57L	-
Amortization of Deferred Charges, Total - (CF)	36.31L	41.24L	42.64L	47.88L	-
Other Operating Activities, Total	11.92L	-53.23L	-5L	69.77L	-
Change In Accounts Receivable	4L	3L	-4L	-3L	-
Change In Inventories	-	-37T	-42T	16T	-
Change In Accounts Payable	20.57L	1.3Cr	-67.95L	-4L	-
Change in Unearned Revenues	-	-	25.42L	41.11L	-
Change in Other Net Operating Assets	-	-1T	-	-	-
Cash from Operations	1.17Cr	-83.86L	-3.25Cr	44.12L	-
Capital Expenditure	-1L	-6L	-	-1L	-
Sale of Property, Plant, and Equipment	-	-	45T	-	-
Sale (Purchase) of Intangible assets	-1.01Cr	-1.32Cr	-92.83L	-60.98L	-
Investment in Marketable and Equity Securities, Total	-	-6L	64T	37T	-
Cash from Investing	-1.02Cr	-1.44Cr	-91.74L	-61.93L	-
Long-Term Debt Issued, Total	-	7L	-	7T	-
Total Debt Issued	-	7L	-	7T	-
Long-Term Debt Repaid, Total	-11.42L	-27.64L	-33.1L	-25.74L	-
Total Debt Repaid	-11.42L	-27.64L	-33.1L	-25.74L	-
Issuance of Common Stock	-	7Cr	70L	35.85L	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-2L	-22.96L	-11.53L	-9L	-
Cash from Financing	-13.09L	6.56Cr	25.37L	88T	-
Miscellaneous Cash Flow Adjustments	-	-	-1T	-1T	-
Net Change in Cash	1L	4.28Cr	-3.91Cr	-16.94L	-
Supplemental Items
Cash Interest Paid	-	8L	-	-	-
Cash Income Tax Paid (Refund)	-	39T	32T	8T	-
Levered Free Cash Flow	-27.75L	-1.17Cr	-2.96Cr	3L	-
Unlevered Free Cash Flow	-26.36L	-1.12Cr	-2.9Cr	8L	-
Change In Net Working Capital	-9L	-1.4Cr	47.89L	-39.73L	-89.32L
Net Debt Issued / Repaid	-11.42L	-21.1L	-33.1L	-25.67L	-

Fiscal Period: September	2020 (DKK)	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)
Profitability
Return on Assets	8.26	-29.3	-30.81	-9.08	-12.04
Return on Total Capital	13.6	-39.41	-39.92	-13.58	-29.66
Return On Equity %	27.94	-60.79	-75.36	-51.06	-52.67
Return on Common Equity	27.94	-60.79	-75.36	-50.03	-52.67
Margin Analysis
Gross Profit Margin %	59.81	6.33	-18.65	31.93	-4.1
SG&A Margin	33.48	74.43	47.48	31.22	-
EBITDA Margin %	11	-85.55	-83.14	-14.47	-19.02
EBITA Margin %	10.5	-86.13	-83.73	-14.93	-19.58
EBIT Margin %	10.5	-86.13	-83.73	-14.93	-19.58
Income From Continuing Operations Margin %	10.76	-68.57	-80.99	-27.92	-21.73
Net Income Margin %	10.76	-68.57	-80.99	-27.92	-21.73
Net Avail. For Common Margin %	10.76	-68.57	-80.99	-27.35	-21.73
Normalized Net Income Margin	6.21	-55.42	-53.92	-10.51	-13.55
Levered Free Cash Flow Margin	-9.2	-36.02	-68.83	0.52	-
Unlevered Free Cash Flow Margin	-8.74	-34.55	-67.44	1.63	-
Asset Turnover
Asset Turnover	1.26	0.54	0.59	0.97	0.98
Fixed Assets Turnover	9.21	3.93	4.04	6.87	62.05
Receivables Turnover (Average Receivables)	25.14	22.94	39.84	40.65	23.77
Inventory Turnover (Average Inventory)	-	-	880.24	462.59	363.13
Short Term Liquidity
Current Ratio	0.45	2.08	0.39	0.24	0.2
Quick Ratio	0.35	2.05	0.33	0.18	0.12
Operating Cash Flow to Current Liabilities	1.77	-0.39	-1.97	0.21	-
Days Sales Outstanding (Average Receivables)	14.56	15.91	9.16	8.98	15.4
Days Outstanding Inventory (Average Inventory)	-	-	0.41	0.79	1.01
Average Days Payable Outstanding	-	-	24.69	31.16	33.37
Cash Conversion Cycle (Average Days)	-	-	-15.12	-21.39	-16.96
Long Term Solvency
Total Debt/Equity	19.88	21.36	23.11	27.75	-
Total Debt / Total Capital	16.59	17.6	18.77	21.72	-
LT Debt/Equity	11.6	16.42	16.33	18.43	-
Long-Term Debt / Total Capital	9.67	13.53	13.27	14.43	-
Total Liabilities / Total Assets	51.57	34.74	40.07	53.1	72.4
EBIT / Interest Expense	14.27	-36.74	-37.57	-8.44	-11.22
EBITDA / Interest Expense	19.44	-34.49	-34.12	-5.21	-10.9
(EBITDA - Capex) / Interest Expense	18.86	-35.28	-34.12	-5.36	-10.9
Total Debt / EBITDA	0.61	-0.49	-0.23	-1.36	-
Net Debt / EBITDA	0.52	1.16	-0.1	-0.82	0.19
Total Debt / (EBITDA - Capex)	0.63	-0.48	-0.23	-1.32	-
Net Debt / (EBITDA - Capex)	0.53	1.14	-0.1	-0.79	0.19
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.89	7.33	32.89	12.13	10.56
Gross Profit, 1 Yr. Growth %	13.21	-88.64	-491.46	-291.94	-38.16
EBITDA, 1 Yr. Growth %	1.13	-934.62	29.15	-80.95	2.48
EBITA, 1 Yr. Growth %	1.28	-980.58	29.18	-80.47	2.41
EBIT, 1 Yr. Growth %	1.28	-980.58	29.18	-80.47	2.41
Earnings From Cont. Operations, 1 Yr. Growth %	58.2	-784.01	56.95	-62.27	-35.07
Net Income, 1 Yr. Growth %	58.2	-784.01	56.95	-62.27	-35.07
Normalized Net Income, 1 Yr. Growth %	4.12	-1.06T	29.3	-78.63	7.68
Diluted EPS Before Extra, 1 Yr. Growth %	58.19	-705.09	35.44	-63.08	-
Accounts Receivable, 1 Yr. Growth %	244.15	-48.14	24.07	-1.34	86.34
Inventory, 1 Yr. Growth %	-	-	113.51	-20.25	165.08
Net Property, Plant and Equip., 1 Yr. Growth %	-18.42	360.67	-42.95	-18.33	24.48
Total Assets, 1 Yr. Growth %	33.07	235.19	-40.5	-12.36	2.45
Tangible Book Value, 1 Yr. Growth %	79.06	-509.76	-106.79	518.59	77.56
Common Equity, 1 Yr. Growth %	32.48	351.67	-45.36	-29.94	-47.53
Cash From Operations, 1 Yr. Growth %	20.71	-171.83	287.15	-113.59	-
Capital Expenditures, 1 Yr. Growth %	-75.68	377.17	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-	320.46	148.69	-100.86	-
Unlevered Free Cash Flow, 1 Yr. Growth %	-	324.59	153.76	-102.74	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	9.59	19.42	22.07	-3.44
Gross Profit, 2 Yr. CAGR %	-	-64.14	-33.31	174.11	-54.75
EBITDA, 2 Yr. CAGR %	-	190.57	228.32	-49.8	-54.36
EBITA, 2 Yr. CAGR %	-	198.67	237.28	-49.17	-53.85
EBIT, 2 Yr. CAGR %	-	198.67	237.28	-49.17	-53.85
Earnings From Cont. Operations, 2 Yr. CAGR %	-	228.95	227.65	-22.11	-50.58
Net Income, 2 Yr. CAGR %	-	228.95	227.65	-22.11	-50.58
Normalized Net Income, 2 Yr. CAGR %	-	215.68	251.78	-46.83	-52.15
Diluted EPS Before Extra, 2 Yr. CAGR %	-	209.38	186.27	-29.29	-
Accounts Receivable, 2 Yr. CAGR %	-	33.58	-19.79	10.59	35.59
Inventory, 2 Yr. CAGR %	-	-48.55	-	30.49	45.39
Net Property, Plant and Equip., 2 Yr. CAGR %	-	93.87	62.12	-31.74	-69.55
Total Assets, 2 Yr. CAGR %	-	111.19	41.22	-28.89	-11.64
Tangible Book Value, 2 Yr. CAGR %	-	170.86	-47.25	-35.19	231.66
Common Equity, 2 Yr. CAGR %	-	144.61	57.09	-39.72	-39.4
Cash From Operations, 2 Yr. CAGR %	-	-6.88	66.76	-27.47	-
Capital Expenditures, 2 Yr. CAGR %	-	7.6	-	-53.33	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	226.77	-85.48	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	231.85	-73.8	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	16.86	16.94	7.4
Gross Profit, 3 Yr. CAGR %	-	-	-20.45	-5.14	-7.11
EBITDA, 3 Yr. CAGR %	-	-	121.75	28.12	-34.94
EBITA, 3 Yr. CAGR %	-	-	125.87	31.52	-34.45
EBIT, 3 Yr. CAGR %	-	-	125.87	31.52	-34.45
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	157.05	60.7	-26.77
Net Income, 3 Yr. CAGR %	-	-	157.05	60.7	-26.77
Normalized Net Income, 3 Yr. CAGR %	-	-	134.44	39.34	-32.85
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	134.92	44.63	-
Accounts Receivable, 3 Yr. CAGR %	-	-	30.33	-14.08	31.6
Inventory, 3 Yr. CAGR %	-	-	-17.32	-	65.26
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	28.95	29	-62.46
Total Assets, 3 Yr. CAGR %	-	-	38.45	19.23	-23.34
Tangible Book Value, 3 Yr. CAGR %	-	-	-20.73	19.84	-9.27
Common Equity, 3 Yr. CAGR %	-	-	48.42	17.96	-42.46
Cash From Operations, 3 Yr. CAGR %	-	-	49.73	-27.7	-
Capital Expenditures, 3 Yr. CAGR %	-	-	-	1.3	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-55.1	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-33.22	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	8.27
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-36.52
EBITDA, 5 Yr. CAGR %	-	-	-	-	18.39
EBITA, 5 Yr. CAGR %	-	-	-	-	20.23
EBIT, 5 Yr. CAGR %	-	-	-	-	20.23
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	33.56
Net Income, 5 Yr. CAGR %	-	-	-	-	33.56
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	24.72
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	32.39
Inventory, 5 Yr. CAGR %	-	-	-	-	3.62
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-27.61
Total Assets, 5 Yr. CAGR %	-	-	-	-	14.98
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	40.52
Common Equity, 5 Yr. CAGR %	-	-	-	-	2.65