Thessaloniki Water Supply & Sewerage Co S.A. (ATH:EYAPS)

ATH:EYAPS Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	87.53	85.46	81.77	70.9	73.63
Revenue Growth (YoY)	2.42%	4.51%	15.33%	-3.70%	2.38%
Operations & Maintenance	-	16.26	16.52	15.96	15.85
Selling, General & Admin	14.46	12.03	11.15	12.52	12.76
Provision for Bad Debts	0.37	2.73	3.48	-	-
Other Operating Expenses	64	46.4	47.97	46.37	28.54
Total Operating Expenses	79.01	77.56	79.24	75.02	57.32
Operating Income	8.52	7.9	2.53	-4.12	16.3
Interest Expense	-0.58	-0.02	-0.02	-0.04	-0.05
Interest Income	1.44	2.12	1.56	0.56	0.57
Net Interest Expense	0.86	2.1	1.54	0.52	0.52
Other Non-Operating Income (Expenses)	-0	0.04	-0.62	-0.15	-0.12
EBT Excluding Unusual Items	9.37	10.04	3.45	-3.75	16.71
Asset Writedown	0.96	-	-	-	-
Legal Settlements	-	-1.65	-0.61	-0.5	-0.96
Pretax Income	10.33	8.39	2.85	-4.24	15.75
Income Tax Expense	2.63	2.54	1.43	-0.25	4.42
Net Income	7.71	5.86	1.41	-3.99	11.34
Net Income to Common	7.71	5.86	1.41	-3.99	11.34
Net Income Growth	31.59%	315.03%	-	-	-4.60%
Shares Outstanding (Basic)	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36
Shares Change (YoY)	-0.01%	-	-	-	-
EPS (Basic)	0.21	0.16	0.04	-0.11	0.31
EPS (Diluted)	0.21	0.16	0.04	-0.11	0.31
EPS Growth	31.60%	315.03%	-	-	-4.60%
Free Cash Flow	4.53	2.92	2.97	-11.69	17.51
Free Cash Flow Per Share	0.13	0.08	0.08	-0.32	0.48
Dividend Per Share	0.075	0.055	0.028	-	0.219
Dividend Growth	35.64%	99.28%	-	-	-1.97%
Profit Margin	8.80%	6.85%	1.73%	-5.63%	15.39%
Free Cash Flow Margin	5.18%	3.42%	3.63%	-16.49%	23.78%
EBITDA	14.82	13.88	8.2	0.87	21.52
EBITDA Margin	16.93%	16.24%	10.03%	1.23%	29.23%
D&A For EBITDA	6.3	5.98	5.67	4.99	5.22
EBIT	8.52	7.9	2.53	-4.12	16.3
EBIT Margin	9.73%	9.25%	3.09%	-5.80%	22.14%
Effective Tax Rate	25.43%	30.23%	50.40%	-	28.04%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.