Income Statement Synsam AB

Equities

SYNSAM

SE0016829709

Other Specialty Retailers

Real-time Estimate Cboe Europe Other stock markets 05:34:27 17/03/2026 pm IST			5-day change	1st Jan Change
67.55 ^SEK	+0.52%		+3.84%	+0.15%

12/03	Case All Star Småbolag fell 5.25 percent in February - small-cap pressure despite strong reports	FW
12/03	Synsam launches eyewear brand Alicia Lind	FW

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Published financial data: SYNSAM AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	380.65Cr	466.9Cr	527.7Cr	590.5Cr	643.5Cr
Total Revenues	380.65Cr	466.9Cr	527.7Cr	590.5Cr	643.5Cr
Cost of Goods Sold, Total	95Cr	108.8Cr	127.9Cr	144.7Cr	159.1Cr
Gross Profit	285.31Cr	358.1Cr	399.8Cr	445.8Cr	484.4Cr
Selling General & Admin Expenses, Total	197.28Cr	245.2Cr	285.3Cr	309.7Cr	333.5Cr
Depreciation & Amortization - (IS)	53Cr	56Cr	66Cr	74Cr	78Cr
Other Operating Expenses	-5.38Cr	-4.4Cr	-7.2Cr	-7.9Cr	-8.7Cr
Other Operating Expenses, Total	245.12Cr	296.3Cr	344.6Cr	376.2Cr	402.5Cr
Operating Income	40Cr	62Cr	55Cr	70Cr	82Cr
Interest Expense, Total	-51Cr	-45Cr	-10Cr	-19Cr	-62Cr
Interest And Investment Income	7.65Cr	9.8Cr	15Cr	27Cr	33Cr
Net Interest Expenses	-43Cr	-35Cr	4.4Cr	8.7Cr	-29Cr
Currency Exchange Gains (Loss)	2.01Cr	4.9Cr	3.8Cr	-20L	-3.6Cr
Other Non Operating Income (Expenses)	-13Cr	-17Cr	-22Cr	-36Cr	-
EBT, Excl. Unusual Items	-14Cr	15Cr	42Cr	42Cr	49Cr
Other Unusual Items	-	1.5Cr	-	-	-
EBT, Incl. Unusual Items	-14Cr	16Cr	42Cr	42Cr	49Cr
Income Tax Expense	5.96Cr	11Cr	8.7Cr	10Cr	13Cr
Earnings From Continuing Operations	-20Cr	5.1Cr	33Cr	31Cr	37Cr
Net Income to Company	-20Cr	5.1Cr	33Cr	31Cr	37Cr
Net Income - (IS)	-20Cr	5.1Cr	33Cr	31Cr	37Cr
Net Income to Common Incl Extra Items	-20Cr	5.1Cr	33Cr	31Cr	37Cr
Net Income to Common Excl. Extra Items	-20Cr	5.1Cr	33Cr	31Cr	37Cr
Per Share Items
Net EPS - Basic	-2.72	0.6	2.19	2.09	2.48
Basic EPS - Continuing Operations	-2.72	0.6	2.19	2.09	2.48
Basic Weighted Average Shares Outstanding	7.18Cr	8.51Cr	15Cr	15Cr	15Cr
Net EPS - Diluted	-2.72	0.6	2.19	2.09	2.48
Diluted EPS - Continuing Operations	-2.72	0.6	2.19	2.09	2.48
Diluted Weighted Average Shares Outstanding	7.18Cr	8.51Cr	15Cr	15Cr	15Cr
Normalized Basic EPS	-1.18	1.09	1.73	1.74	2.09
Normalized Diluted EPS	-1.18	1.09	1.73	1.74	2.09
Dividend Per Share	-	1.7	1.7	1.8	1.8
Payout Ratio	-	-	77.74	81.35	72.68
Supplemental Items
EBITDA	64Cr	86Cr	85Cr	103.6Cr	116Cr
EBITA	51Cr	73Cr	66Cr	81Cr	93Cr
EBIT	40Cr	62Cr	55Cr	70Cr	82Cr
EBITDAR	67Cr	90Cr	88Cr	109.4Cr	121.7Cr
Total Revenues (As Reported)	386.03Cr	472.8Cr	534.9Cr	598.5Cr	652.2Cr
Effective Tax Rate - (Ratio)	-43.92	68.71	20.96	25.24	25.76
Total Current Taxes	6.37Cr	12Cr	9Cr	11Cr	13Cr
Total Deferred Taxes	-41L	-60L	-30L	-50L	10L
Normalized Net Income	-8.48Cr	9.25Cr	26Cr	26Cr	31Cr
Interest Capitalized	-	-	80L	90L	80L
Interest on Long-Term Debt	3.09Cr	34Cr	3.4Cr	3.8Cr	4Cr
Supplemental Operating Expense Items
Net Rental Expense, Total	2.7Cr	3.2Cr	3.1Cr	5.8Cr	5.7Cr
Imputed Operating Lease Interest Expense	1.58Cr	2.27Cr	83.64L	2.73Cr	8.53Cr
Imputed Operating Lease Depreciation	1.12Cr	93.1L	2.26Cr	3.07Cr	-2.83Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	81Cr	76Cr	44Cr	58Cr	42Cr
Total Cash And Short Term Investments	81Cr	76Cr	44Cr	58Cr	42Cr
Accounts Receivable, Total	31Cr	31Cr	41Cr	49Cr	61Cr
Other Receivables	5.57Cr	7.7Cr	11Cr	12Cr	14Cr
Total Receivables	37Cr	38Cr	52Cr	61Cr	75Cr
Inventory	38Cr	45Cr	60Cr	71Cr	83Cr
Prepaid Expenses	5.9Cr	6.5Cr	8.1Cr	3.3Cr	3.2Cr
Other Current Assets, Total	-1L	-	-	-10L	-10L
Total Current Assets	161.95Cr	165.6Cr	164.4Cr	193.2Cr	203.3Cr
Gross Property Plant And Equipment	192.64Cr	237.4Cr	299.1Cr	307.1Cr	346.7Cr
Accumulated Depreciation	-102.18Cr	-117.5Cr	-141.4Cr	-161.2Cr	-298.6Cr
Net Property Plant And Equipment	90Cr	119.9Cr	157.7Cr	145.9Cr	48Cr
Goodwill	247.65Cr	253.6Cr	262.7Cr	260.9Cr	264.5Cr
Other Intangibles, Total	218.97Cr	212.9Cr	208.5Cr	193.2Cr	297.6Cr
Deferred Tax Assets Long-Term	5.18Cr	6.1Cr	6Cr	7.2Cr	7.1Cr
Other Long-Term Assets, Total	1.6Cr	2.2Cr	2.6Cr	3.2Cr	3.8Cr
Total Assets	725.81Cr	760.3Cr	801.9Cr	803.6Cr	824.4Cr
Liabilities
Accounts Payable, Total	46Cr	70Cr	73Cr	89Cr	81Cr
Accrued Expenses, Total	22Cr	25Cr	27Cr	30Cr	31Cr
Current Portion of Long-Term Debt	40Cr	-	-	46Cr	-
Current Portion of Leases	22Cr	27Cr	32Cr	32Cr	37Cr
Current Income Taxes Payable	17Cr	21Cr	16Cr	12Cr	14Cr
Unearned Revenue Current, Total	43L	60L	50L	70L	90L
Other Current Liabilities	40Cr	29Cr	32Cr	39Cr	44Cr
Total Current Liabilities	188.36Cr	172.2Cr	179.4Cr	248.9Cr	207.9Cr
Long-Term Debt	612Cr	241.6Cr	248.8Cr	202.9Cr	260.8Cr
Long-Term Leases	30Cr	44Cr	59Cr	44Cr	43Cr
Pension & Other Post Retirement Benefits	44L	50L	50L	40L	50L
Deferred Tax Liability Non Current	49Cr	50Cr	51Cr	51Cr	52Cr
Other Non Current Liabilities	2.99Cr	3.4Cr	4.2Cr	4.5Cr	4.9Cr
Total Liabilities	883.27Cr	512.4Cr	543.5Cr	552Cr	568.9Cr
Common Stock, Total	5L	10L	10L	10L	10L
Additional Paid In Capital	31Cr	430.6Cr	430.6Cr	430.6Cr	430.6Cr
Retained Earnings	-199.43Cr	-194.4Cr	-191.3Cr	-188.6Cr	-186.4Cr
Comprehensive Income and Other	11Cr	12Cr	19Cr	9.5Cr	11Cr
Total Common Equity	-157.46Cr	247.9Cr	258.4Cr	251.6Cr	255.5Cr
Total Equity	-157.46Cr	247.9Cr	258.4Cr	251.6Cr	255.5Cr
Total Liabilities And Equity	725.81Cr	760.3Cr	801.9Cr	803.6Cr	824.4Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	7.18Cr	15Cr	15Cr	15Cr	15Cr
ECS Total Common Shares Outstanding	7.18Cr	15Cr	15Cr	15Cr	15Cr
Book Value / Share	-21.94	16.53	17.34	16.96	17.42
Tangible Book Value	-624.08Cr	-218.6Cr	-212.8Cr	-202.5Cr	-306.6Cr
Tangible Book Value Per Share	-86.97	-14.57	-14.28	-13.65	-20.91
Total Debt	705.08Cr	312.6Cr	339.7Cr	325.5Cr	341.4Cr
Net Debt	624.22Cr	237.1Cr	295.3Cr	267.3Cr	299.4Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	50L	40L	50L
Debt Equivalent Oper. Leases	22Cr	26Cr	25Cr	46Cr	46Cr
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Others	40Cr	46Cr	61Cr	73Cr	86Cr
Machinery, Total	92Cr	111.4Cr	135.6Cr	145Cr	167Cr
Full Time Employees	2.28T	3T	4T	4T	3.74T
Accumulated Allowance for Doubtful Accounts (Supple)	1.66Cr	1.6Cr	1.7Cr	1.6Cr	1.3Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-20Cr	5.1Cr	33Cr	31Cr	37Cr
Depreciation & Amortization - CF	39Cr	42Cr	52Cr	59Cr	64Cr
Amortization of Goodwill and Intangible Assets - (CF)	11Cr	11Cr	11Cr	12Cr	11Cr
Depreciation & Amortization, Total	50Cr	53Cr	63Cr	71Cr	75Cr
Amortization of Deferred Charges, Total - (CF)	3.15Cr	3Cr	3.3Cr	3.8Cr	3.1Cr
Other Operating Activities, Total	38Cr	30Cr	-10Cr	2Cr	7.7Cr
Change In Accounts Receivable	-8.13Cr	5.9Cr	2Cr	-5.3Cr	-13Cr
Change In Inventories	-5.62Cr	-6Cr	-15Cr	-12Cr	-12Cr
Change in Other Net Operating Assets	32Cr	7.8Cr	-7.5Cr	25Cr	-3.8Cr
Cash from Operations	90Cr	98Cr	69Cr	115Cr	93Cr
Capital Expenditure	-14Cr	-25Cr	-35Cr	-22Cr	-34Cr
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-43L	-50L	-10L	-2.3Cr	-1.4Cr
Sale (Purchase) of Intangible assets	-2.35Cr	-2.6Cr	-3Cr	-3.2Cr	-4.2Cr
Investment in Marketable and Equity Securities, Total	-4L	-60L	-20L	-	-70L
Other Investing Activities, Total	-	-	-	10L	-
Cash from Investing	-17Cr	-28Cr	-38Cr	-27Cr	-40Cr
Long-Term Debt Issued, Total	21Cr	239.2Cr	-	-	55Cr
Total Debt Issued	21Cr	239.2Cr	-	-	55Cr
Long-Term Debt Repaid, Total	-34Cr	-317.2Cr	-33Cr	-43Cr	-87Cr
Total Debt Repaid	-34Cr	-317.2Cr	-33Cr	-43Cr	-87Cr
Repurchase of Common Stock	-	-	-4.7Cr	-3Cr	-8.5Cr
Common Dividends Paid	-	-	-26Cr	-25Cr	-27Cr
Common & Preferred Stock Dividends Paid	-	-	-26Cr	-25Cr	-27Cr
Other Financing Activities, Total	-	-	-10L	-	-
Cash from Financing	-13Cr	-78Cr	-63Cr	-71Cr	-67Cr
Foreign Exchange Rate Adjustments	-1.58Cr	3Cr	1.4Cr	-3Cr	-2.5Cr
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	59Cr	-5.3Cr	-31Cr	14Cr	-16Cr
Supplemental Items
Cash Interest Paid	17Cr	14Cr	10Cr	18Cr	-
Cash Income Tax Paid (Refund)	1.88Cr	8.6Cr	15Cr	14Cr	11Cr
Levered Free Cash Flow	51Cr	50Cr	29Cr	89Cr	27Cr
Unlevered Free Cash Flow	83Cr	78Cr	35Cr	100.7Cr	65Cr
Change In Net Working Capital	-21Cr	-11Cr	28Cr	-7.6Cr	26Cr
Net Debt Issued / Repaid	-13Cr	-78Cr	-33Cr	-43Cr	-32Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.55	5.2	4.42	5.42	6.29
Return on Total Capital	4.61	6.97	5.96	7.4	8.72
Return On Equity %	13.26	11.28	12.96	12.2	14.44
Return on Common Equity	13.26	11.28	12.96	12.2	14.44
Margin Analysis
Gross Profit Margin %	74.95	76.7	75.76	75.5	75.28
SG&A Margin	51.83	52.52	54.06	52.45	51.83
EBITDA Margin %	16.76	18.5	16.13	17.54	18.03
EBITA Margin %	13.44	15.59	12.6	13.75	14.41
EBIT Margin %	10.56	13.24	10.46	11.79	12.73
Income From Continuing Operations Margin %	-5.13	1.09	6.22	5.27	5.69
Net Income Margin %	-5.13	1.09	6.22	5.27	5.69
Net Avail. For Common Margin %	-5.13	1.09	6.22	5.27	5.69
Normalized Net Income Margin	-2.23	1.98	4.92	4.4	4.79
Levered Free Cash Flow Margin	13.41	10.63	5.44	15.07	4.15
Unlevered Free Cash Flow Margin	21.75	16.67	6.65	17.05	10.13
Asset Turnover
Asset Turnover	0.54	0.63	0.68	0.74	0.79
Fixed Assets Turnover	4.08	4.44	3.8	3.89	13.87
Receivables Turnover (Average Receivables)	14.18	15.04	14.62	13.12	11.77
Inventory Turnover (Average Inventory)	2.64	2.61	2.44	2.22	2.07
Short Term Liquidity
Current Ratio	0.86	0.96	0.92	0.78	0.98
Quick Ratio	0.62	0.66	0.54	0.48	0.56
Operating Cash Flow to Current Liabilities	0.48	0.57	0.38	0.46	0.45
Days Sales Outstanding (Average Receivables)	25.8	24.27	24.97	27.82	31.08
Days Outstanding Inventory (Average Inventory)	138.45	139.89	149.54	164.46	177.02
Average Days Payable Outstanding	165.56	183.29	183.27	189.88	181.72
Cash Conversion Cycle (Average Days)	-1.31	-19.12	-8.76	2.4	26.38
Long Term Solvency
Total Debt/Equity	-447.78	126.1	131.46	129.37	133.62
Total Debt / Total Capital	128.75	55.77	56.8	56.4	57.2
LT Debt/Equity	-407.97	115.33	119.2	98.13	118.98
Long-Term Debt / Total Capital	117.31	51.01	51.5	42.78	50.93
Total Liabilities / Total Assets	121.69	67.39	67.78	68.69	69.01
EBIT / Interest Expense	0.79	1.37	5.41	3.72	1.33
EBITDA / Interest Expense	1.78	2.54	11.61	7.5	2.54
(EBITDA - Capex) / Interest Expense	1.51	1.99	8.16	6.34	2
Total Debt / EBITDA	7.81	2.73	2.87	2.32	2.18
Net Debt / EBITDA	6.92	2.07	2.49	1.91	1.91
Total Debt / (EBITDA - Capex)	9.21	3.48	4.08	2.74	2.77
Net Debt / (EBITDA - Capex)	8.16	2.64	3.55	2.25	2.43
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	1.76	22.67	13.02	11.9	8.98
Gross Profit, 1 Yr. Growth %	1.27	25.52	11.64	11.51	8.66
EBITDA, 1 Yr. Growth %	0.2	46.69	-3.19	21.74	11.97
EBITA, 1 Yr. Growth %	0.57	57.24	-10.5	22.11	14.16
EBIT, 1 Yr. Growth %	1.18	74.58	-12.8	26.09	17.67
Earnings From Cont. Operations, 1 Yr. Growth %	9.78	-126.15	543.14	-5.18	17.68
Net Income, 1 Yr. Growth %	9.78	-126.15	543.14	-5.18	17.68
Normalized Net Income, 1 Yr. Growth %	5.03	-180.87	154.6	0.24	18.51
Diluted EPS Before Extra, 1 Yr. Growth %	9.6	-122	265.46	-4.67	18.78
Accounts Receivable, 1 Yr. Growth %	39.81	-1.6	34.42	17.39	24.9
Inventory, 1 Yr. Growth %	13.47	17.75	32.37	18.43	17.68
Net Property, Plant and Equip., 1 Yr. Growth %	-6.05	32.49	31.53	-7.48	7.61
Total Assets, 1 Yr. Growth %	5.3	4.75	5.47	0.21	2.59
Tangible Book Value, 1 Yr. Growth %	-1	-64.98	-2.65	-4.84	0.95
Common Equity, 1 Yr. Growth %	14.78	-257.4	4.24	-2.63	1.55
Cash From Operations, 1 Yr. Growth %	11.82	9.13	-29.59	66.67	-18.87
Capital Expenditures, 1 Yr. Growth %	7.1	79.56	43.09	-38.64	55.09
Levered Free Cash Flow, 1 Yr. Growth %	-4.93	2.88	-43.2	209.88	-59.65
Unlevered Free Cash Flow, 1 Yr. Growth %	-2.12	-2.57	-55.44	186.89	-35.27
Dividend Per Share, 1 Yr. Growth %	-	-	0	5.88	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.12	11.72	17.75	12.46	10.43
Gross Profit, 2 Yr. CAGR %	5.65	12.74	18.38	11.58	10.07
EBITDA, 2 Yr. CAGR %	9.76	16.48	20.2	8.56	16.75
EBITA, 2 Yr. CAGR %	17.33	19.62	19.85	4.54	18.07
EBIT, 2 Yr. CAGR %	23.88	24.74	24.87	4.86	21.81
Earnings From Cont. Operations, 2 Yr. CAGR %	-19.26	-46.46	29.69	146.94	5.63
Net Income, 2 Yr. CAGR %	-19.26	-46.46	29.69	146.94	5.63
Normalized Net Income, 2 Yr. CAGR %	-27.84	7.03	50.59	59.75	8.99
Diluted EPS Before Extra, 2 Yr. CAGR %	-19.29	-50.87	-10.34	86.65	6.41
Accounts Receivable, 2 Yr. CAGR %	14.16	17.31	15.01	25.62	21.09
Inventory, 2 Yr. CAGR %	13.54	15.53	24.85	25.2	18.05
Net Property, Plant and Equip., 2 Yr. CAGR %	45.43	11.59	32.01	10.31	-44.77
Total Assets, 2 Yr. CAGR %	6.34	5.02	5.11	2.81	1.39
Tangible Book Value, 2 Yr. CAGR %	0.56	-41.11	-41.61	-3.75	20.03
Common Equity, 2 Yr. CAGR %	14.71	34.43	28.09	0.74	-0.56
Cash From Operations, 2 Yr. CAGR %	57.28	10.44	-12.34	8.33	16.28
Capital Expenditures, 2 Yr. CAGR %	25.91	38.52	60.29	-6.3	-2.44
Levered Free Cash Flow, 2 Yr. CAGR %	-	-3.85	-22.84	32.67	-3.61
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-4.08	-33.71	13.07	36.28
Dividend Per Share, 2 Yr. CAGR %	-	-	-	2.9	2.9
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	11.37	12.15	15.77	11.29
Gross Profit, 3 Yr. CAGR %	-	11.89	12.37	16.04	10.59
EBITDA, 3 Yr. CAGR %	-	17.71	10.15	20.71	9.69
EBITA, 3 Yr. CAGR %	-	25.12	9.33	20.59	7.65
EBIT, 3 Yr. CAGR %	-	33.13	11.59	25.28	8.97
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-44.58	22.62	16.84	92.89
Net Income, 3 Yr. CAGR %	-	-44.58	22.62	16.84	92.89
Normalized Net Income, 3 Yr. CAGR %	-	-17.19	47.55	31.49	44.62
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-47.65	-4.1	-8.49	60.55
Accounts Receivable, 3 Yr. CAGR %	-	8.66	22.76	15.8	25.38
Inventory, 3 Yr. CAGR %	-	14.89	20.89	22.67	22.64
Net Property, Plant and Equip., 3 Yr. CAGR %	-	41	17.87	17.26	-26.25
Total Assets, 3 Yr. CAGR %	-	5.81	5.17	3.45	2.73
Tangible Book Value, 3 Yr. CAGR %	-	-29.25	-30.37	-31.29	11.94
Common Equity, 3 Yr. CAGR %	-	27.48	23.5	16.9	1.01
Cash From Operations, 3 Yr. CAGR %	-	39.22	-4.95	8.59	-1.62
Capital Expenditures, 3 Yr. CAGR %	-	41.62	40.03	16.39	10.84
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-18.82	22.65	-19.19
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-25.41	8.03	-6.11
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	1.92
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	11.8	11.46
Gross Profit, 5 Yr. CAGR %	-	-	-	11.77	11.45
EBITDA, 5 Yr. CAGR %	-	-	-	14.36	12.74
EBITA, 5 Yr. CAGR %	-	-	-	16.92	12.75
EBIT, 5 Yr. CAGR %	-	-	-	21.59	15.57
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	0.75	15.52
Net Income, 5 Yr. CAGR %	-	-	-	0.75	15.52
Normalized Net Income, 5 Yr. CAGR %	-	-	-	9.81	30.71
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-12.96	-0.03
Accounts Receivable, 5 Yr. CAGR %	-	-	-	15.15	22.09
Inventory, 5 Yr. CAGR %	-	-	-	18.91	19.75
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	27.82	-12.96
Total Assets, 5 Yr. CAGR %	-	-	-	4.6	3.64
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-19.98	-13.42
Common Equity, 5 Yr. CAGR %	-	-	-	16.02	13.25
Cash From Operations, 5 Yr. CAGR %	-	-	-	25.92	3.03
Capital Expenditures, 5 Yr. CAGR %	-	-	-	20.06	21.18
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-13.05
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-5.08