Investor Presentaiton
Historical performance
In US$m, FYE 31/12
INCOME STATEMENT
2019A
2020A
2021A
2022A
CAGR
19A-22A
2023 Q3 TTM
Revenues
% Growth
Gross Profit
% Margin
EBITDA
205.4
207.1
269.7
14.1%
0.8%
30.2%
330.6
22.6%
17.2%
368.4
17.1%
32.1
38.2
46.8
71.3
30.5%
92.4
15.6%
18.4%
17.4%
21.6%
25.1%
29.3
34.1
% EBITDA
14.2%
16.5%
43.0
15.9%
66.5
31.5%
85.1
20.1%
23.1%
EBIT
11.0
17.2
24.1
% EBIT
5.3%
8.3%
8.9%
46.4
14.0%
61.8%
65.2
17.7%
CASH FLOW STATEMENT
EBITDA
29.3
34.1
43.0
66.5
31.5%
85.1
Var. of Working Capital
(0.6)
3.3
(4.0)
(9.7)
(14.2)
Other
(8.1)
(6.9)
(10.0)
(19.4)
(26.6)
Cash from operations
20.6
30.5
Capex
(12.5)
(13.3)
29.0
(18.6)
37.4
44.3
(20.0)
(26.7)
Free Cash Flow (post interests and taxes)
8.1
17.2
10.4
17.4
17.6
Rigs
Employees
302
1,946
302
2,109
Source: Management
Notes: (1) Includes amortization and depreciation expenses related to operations
302
302
302
2,891
2,789
12.7%
2,850
FORACO
FORACO.COM
20View entire presentation