Income Statement New Work SE Xetra

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NWO

DE000NWRK013

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Market Closed - Xetra Other stock markets 16:36:16 26/08/2024 BST			5-day change	1st Jan Change
66.20 ^EUR	+0.61%		-.--%	-.--%

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Published financial data: NEW WORK SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	294M	300M	314M	334M	330M
Other Revenues, Total	-	-	-	-	-
Total Revenues	294M	300M	314M	334M	330M
Cost of Goods Sold, Total	128M	139M	139M	145M	152M
Gross Profit	167M	161M	175M	190M	177M
Selling General & Admin Expenses, Total	38.38M	32.49M	40.2M	42.96M	48.32M
Provision for Bad Debts	-	-	2.78M	-	-
Depreciation & Amortization - (IS)	27.07M	29.74M	32.43M	26.12M	29.65M
Other Operating Expenses	44.84M	34.63M	36.06M	44.73M	39.6M
Other Operating Expenses, Total	110M	96.86M	111M	114M	118M
Operating Income	56.3M	64.46M	63.86M	75.71M	59.62M
Interest Expense, Total	-168K	-52K	-343K	-368K	-317K
Interest And Investment Income	337K	278K	217K	326K	1.83M
Net Interest Expenses	169K	226K	-126K	-42K	1.51M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	32K	-272K	471K	1.45M	2.76M
Other Non Operating Income (Expenses)	-882K	-425K	-182K	148K	304K
EBT, Excl. Unusual Items	55.62M	63.98M	64.02M	77.26M	64.19M
Restructuring Charges	-	-3.1M	-	-	-
Merger & Related Restructuring Charges	-103K	-	-	-	-
Impairment of Goodwill	-4.85M	-17.44M	-	-	-
Gain (Loss) On Sale Of Investments	-743K	-3.48M	400K	-2.07M	1.29M
Asset Writedown	-6.61M	-8.88M	-12.37M	-11.83M	-14.44M
Other Unusual Items	8.82M	9.74M	-	-	-
EBT, Incl. Unusual Items	52.13M	40.84M	52.05M	63.36M	51.04M
Income Tax Expense	17.71M	14.72M	12.44M	17.29M	14.17M
Earnings From Continuing Operations	34.42M	26.11M	39.61M	46.07M	36.86M
Earnings Of Discontinued Operations	-	3K	-	-2.81M	-13K
Net Income to Company	34.42M	26.12M	39.61M	43.26M	36.85M
Net Income - (IS)	34.42M	26.12M	39.61M	43.26M	36.85M
Net Income to Common Incl Extra Items	34.42M	26.12M	39.61M	43.26M	36.85M
Net Income to Common Excl. Extra Items	34.42M	26.11M	39.61M	46.07M	36.86M
Per Share Items
Net EPS - Basic	6.12	4.65	7.05	7.7	6.56
Basic EPS - Continuing Operations	6.12	4.65	7.05	8.2	6.56
Basic Weighted Average Shares Outstanding	5.62M	5.62M	5.62M	5.62M	5.62M
Net EPS - Diluted	6.12	4.65	7.05	7.7	6.56
Diluted EPS - Continuing Operations	6.12	4.65	7.05	8.2	6.56
Diluted Weighted Average Shares Outstanding	5.62M	5.62M	5.62M	5.62M	5.62M
Normalized Basic EPS	6.19	7.12	7.12	8.59	7.14
Normalized Diluted EPS	6.19	7.12	7.12	8.59	7.14
Dividend Per Share	2.59	2.59	2.8	3.16	1
Payout Ratio	34.94	55.74	36.75	36.38	48.2
Supplemental Items
EBITDA	64.44M	71.4M	70.82M	82.99M	67.33M
EBITA	58.89M	66.31M	65.17M	76.75M	60.42M
EBIT	56.3M	64.46M	63.86M	75.71M	59.62M
EBITDAR	68.15M	74.87M	75.36M	86.96M	72.21M
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	33.96	36.05	23.91	27.29	27.77
Current Domestic Taxes	4.49M	3.91M	6.52M	4.22M	-
Current Foreign Taxes	5.65M	7M	3.51M	17.94M	-
Total Current Taxes	10.14M	10.91M	10.03M	22.16M	-
Deferred Domestic Taxes	1.07M	-	-	-	-
Deferred Foreign Taxes	2.8M	-	-	-	-
Total Deferred Taxes	3.87M	-350K	-4.25M	-8.54M	-1.27M
Normalized Net Income	34.76M	39.99M	40.02M	48.29M	40.12M
Supplemental Operating Expense Items
Marketing Expenses	34.67M	29.02M	35.66M	38.99M	43.44M
Selling and Marketing Expenses	34.67M	29.02M	35.66M	38.99M	43.44M
Research And Development Expense From Footnotes	81.02M	82.68M	89.85M	76.62M	89.54M
Net Rental Expense, Total	3.71M	3.48M	4.53M	3.97M	4.88M
Imputed Operating Lease Interest Expense	385K	38.72K	196K	186K	219K
Imputed Operating Lease Depreciation	3.33M	3.44M	4.34M	3.79M	4.66M
Stock-Based Comp., COGS (Total)	1.31M	1.29M	1.71M	1.23M	-
Total Stock-Based Compensation	1.31M	1.29M	1.71M	1.23M	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	40.04M	65.13M	90.14M	98.3M	93.08M
Total Cash And Short Term Investments	40.04M	65.13M	90.14M	98.3M	93.08M
Accounts Receivable, Total	42.14M	21.74M	25.11M	19.88M	20.48M
Other Receivables	1.23M	1.11M	1.57M	1.74M	6.28M
Total Receivables	43.37M	22.85M	26.68M	21.62M	26.76M
Other Current Assets, Total	12.19M	7.31M	11.24M	18.94M	16.84M
Total Current Assets	95.6M	95.29M	128M	139M	137M
Gross Property Plant And Equipment	78.71M	139M	156M	165M	167M
Accumulated Depreciation	-54.21M	-66.02M	-78.46M	-90.91M	-105M
Net Property Plant And Equipment	24.5M	73.13M	78.01M	73.99M	62.04M
Long-term Investments	30.26M	31.78M	33.17M	31.43M	20.05M
Goodwill	73.58M	56.14M	56.14M	56.14M	56.14M
Other Intangibles, Total	83.91M	83.92M	79.59M	74.1M	72.2M
Deferred Tax Assets Long-Term	1.11M	205K	2.62M	1.94M	1.44M
Other Long-Term Assets, Total	681K	485K	580K	539K	1K
Total Assets	310M	341M	378M	377M	349M
Liabilities
Accounts Payable, Total	8.54M	10.83M	14.45M	9.97M	11.34M
Accrued Expenses, Total	20.67M	17.62M	21.46M	21.24M	17.35M
Current Portion of Leases	5.97M	6.48M	7.56M	6.25M	4.83M
Current Income Taxes Payable	5.88M	8.28M	5.44M	10.58M	3.59M
Unearned Revenue Current, Total	106M	91.53M	102M	107M	97.25M
Other Current Liabilities	12.22M	10.18M	4.02M	3.64M	4.54M
Total Current Liabilities	159M	145M	155M	159M	139M
Long-Term Leases	7.58M	54.58M	58.01M	53.66M	48.25M
Unearned Revenue Non Current	489K	64K	352K	1.42M	1.3M
Deferred Tax Liability Non Current	24.6M	23.34M	21.5M	12.29M	13.04M
Other Non Current Liabilities	16.48M	5.03M	4.99M	4.47M	1.88M
Total Liabilities	208M	228M	240M	231M	203M
Common Stock, Total	5.62M	5.62M	5.62M	5.62M	5.62M
Retained Earnings	73.33M	84.62M	110M	117M	116M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	22.58M	22.77M	22.98M	23.29M	23.29M
Total Common Equity	102M	113M	138M	146M	145M
Total Equity	102M	113M	138M	146M	145M
Total Liabilities And Equity	310M	341M	378M	377M	349M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.62M	5.62M	5.62M	5.62M	5.62M
ECS Total Common Shares Outstanding	5.62M	5.62M	5.62M	5.62M	5.62M
Book Value / Share	18.07	20.11	24.6	25.99	25.83
Tangible Book Value	-55.96M	-27.06M	2.54M	15.84M	16.83M
Tangible Book Value Per Share	-9.96	-4.81	0.45	2.82	2.99
Total Debt	13.55M	61.07M	65.57M	59.91M	53.09M
Net Debt	-26.49M	-4.06M	-24.57M	-38.39M	-39.99M
Debt Equivalent Oper. Leases	29.69M	27.8M	36.26M	31.78M	39.03M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	38.78M	40.64M	46.19M	51.44M	51.57M
Full Time Employees	1.93K	1.92K	1.87K	1.89K	1.34K
Part Time Employees	-	-	-	-	447
Accumulated Allowance for Doubtful Accounts (Supple)	1.96M	2.29M	1.78M	1.96M	2.22M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	34.42M	26.12M	39.61M	43.26M	36.85M
Depreciation & Amortization - CF	10.65M	12.72M	15.38M	12.57M	14.02M
Amortization of Goodwill and Intangible Assets - (CF)	2.58M	1.85M	1.31M	1.04M	808K
Depreciation & Amortization, Total	13.24M	14.57M	16.68M	13.61M	14.82M
Amortization of Deferred Charges, Total - (CF)	13.84M	16.04M	15.32M	15.39M	14.91M
(Gain) Loss From Sale Of Asset	-30K	-39K	315K	-51K	-23K
(Gain) Loss on Sale of Investments - (CF)	-1.32M	-	-400K	2.07M	-
Asset Writedown & Restructuring Costs	11.47M	25.44M	12.8M	11.83M	14.44M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	-
Net Cash From Discontinued Operations	-	-294K	-	-4.09M	7K
Other Operating Activities, Total	-1.45M	-5.81M	-6.11M	1.53M	-9.55M
Change In Accounts Receivable	-11.78M	11.91M	-5.73M	-5.43M	3.42M
Change in Unearned Revenues	13.47M	-3.98M	10.87M	6.36M	-10.28M
Change in Other Net Operating Assets	7.88M	-3.01M	2.27M	-5.29M	-2.7M
Cash from Operations	79.74M	80.95M	85.62M	79.19M	61.91M
Capital Expenditure	-7.68M	-7.1M	-20.13M	-9.42M	-4.61M
Sale of Property, Plant, and Equipment	102K	121K	1.48M	2.39M	283K
Cash Acquisitions	-25.2M	-673K	-2.1M	-	-
Sale (Purchase) of Intangible assets	-27.84M	-25.97M	-24.67M	-22M	-24.45M
Investment in Marketable and Equity Securities, Total	-	-	-	-358K	12.19M
Other Investing Activities, Total	-1K	-	1K	-	1K
Cash from Investing	-60.61M	-33.62M	-45.42M	-29.4M	-16.59M
Long-Term Debt Repaid, Total	-5.4M	-5.99M	-7.72M	-8.94M	-9.68M
Total Debt Repaid	-5.4M	-5.99M	-7.72M	-8.94M	-9.68M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-12.03M	-14.56M	-14.56M	-15.74M	-17.76M
Common & Preferred Stock Dividends Paid	-12.03M	-14.56M	-14.56M	-15.74M	-17.76M
Special Dividend Paid	-20.01M	-	-	-20.01M	-20.01M
Other Financing Activities, Total	-272K	-177K	6.73M	2.52M	0
Cash from Financing	-37.71M	-20.72M	-15.55M	-42.17M	-47.45M
Foreign Exchange Rate Adjustments	-19K	-340K	318K	721K	403K
Miscellaneous Cash Flow Adjustments	-	-	-1K	-1K	-1K
Net Change in Cash	-18.6M	26.26M	24.96M	8.34M	-1.72M
Supplemental Items
Cash Interest Paid	272K	46K	343K	287K	1K
Cash Income Tax Paid (Refund)	9.78M	12.67M	19.54M	19.83M	25.66M
Levered Free Cash Flow	39.86M	49.93M	29.88M	48.59M	15.93M
Unlevered Free Cash Flow	39.97M	49.97M	30.1M	48.82M	16.13M
Change In Net Working Capital	-11.91M	-10.85M	-1.29M	-2.7M	21.81M
Net Debt Issued / Repaid	-5.4M	-5.99M	-7.72M	-8.94M	-9.68M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	11.97	12.62	11.1	12.53	10.27
Return on Total Capital	31.17	27.86	21.12	23.09	18.43
Return On Equity %	34.45	24.34	31.52	32.4	25.31
Return on Common Equity	34.45	24.34	31.52	32.4	25.31
Margin Analysis
Gross Profit Margin %	56.57	53.74	55.75	56.73	53.75
SG&A Margin	13.03	10.83	12.78	12.86	14.66
EBITDA Margin %	21.88	23.79	22.52	24.84	20.42
EBITA Margin %	20	22.09	20.72	22.97	18.33
EBIT Margin %	19.12	21.47	20.31	22.66	18.08
Income From Continuing Operations Margin %	11.69	8.7	12.59	13.79	11.18
Net Income Margin %	11.69	8.7	12.59	12.95	11.18
Net Avail. For Common Margin %	11.69	8.7	12.59	13.79	11.18
Normalized Net Income Margin	11.81	13.32	12.72	14.45	12.17
Levered Free Cash Flow Margin	13.54	16.64	9.5	14.55	4.83
Unlevered Free Cash Flow Margin	13.57	16.65	9.57	14.61	4.89
Asset Turnover
Asset Turnover	1	0.94	0.87	0.88	0.91
Fixed Assets Turnover	12.98	6.15	4.16	4.4	4.85
Receivables Turnover (Average Receivables)	7.36	11.64	13.43	16.49	16.34
Short Term Liquidity
Current Ratio	0.6	0.66	0.83	0.87	0.98
Quick Ratio	0.52	0.61	0.75	0.75	0.86
Operating Cash Flow to Current Liabilities	0.5	0.56	0.55	0.5	0.45
Days Sales Outstanding (Average Receivables)	49.61	31.44	27.19	22.13	22.34
Average Days Payable Outstanding	17.71	25.52	33.15	30.82	25.51
Long Term Solvency
Total Debt/Equity	13.35	54.04	47.42	41.01	36.57
Total Debt / Total Capital	11.78	35.08	32.17	29.08	26.78
LT Debt/Equity	7.47	48.3	41.96	36.73	33.24
Long-Term Debt / Total Capital	6.59	31.36	28.46	26.05	24.34
Total Liabilities / Total Assets	67.21	66.85	63.44	61.25	58.35
EBIT / Interest Expense	335.14	1.24K	186.18	205.72	188.06
EBITDA / Interest Expense	413.92	1.52K	234.82	242.71	234.82
(EBITDA - Capex) / Interest Expense	368.23	1.38K	176.12	217.1	220.28
Total Debt / EBITDA	0.19	0.77	0.81	0.67	0.71
Net Debt / EBITDA	-0.38	-0.05	-0.31	-0.43	-0.54
Total Debt / (EBITDA - Capex)	0.22	0.85	1.09	0.75	0.76
Net Debt / (EBITDA - Capex)	-0.43	-0.06	-0.41	-0.48	-0.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	15.02	2.06	4.77	9.1	-1.32
Gross Profit, 1 Yr. Growth %	10.71	-3.7	8.61	8.53	-6.5
EBITDA, 1 Yr. Growth %	-1.51	11.09	4.28	8.62	-16.58
EBITA, 1 Yr. Growth %	3.98	2.95	3.72	8.48	-18.87
EBIT, 1 Yr. Growth %	3.19	4.26	4.73	9.02	-19.95
Earnings From Cont. Operations, 1 Yr. Growth %	11.12	-39.56	51.67	6.38	-19.98
Net Income, 1 Yr. Growth %	11.12	-25.43	51.65	9.23	-14.82
Normalized Net Income, 1 Yr. Growth %	5.39	3.16	5.81	10.55	-16.57
Diluted EPS Before Extra, 1 Yr. Growth %	11.16	-39.56	51.67	6.38	-19.98
Accounts Receivable, 1 Yr. Growth %	11.12	-27.1	15.5	-3.66	3
Net Property, Plant and Equip., 1 Yr. Growth %	17.24	198.53	6.68	-5.15	-16.15
Total Assets, 1 Yr. Growth %	11.18	14.67	10.91	-0.3	-7.55