Hellenic Telecommunications Organization S.A. (ATH:HTO)

ATH:HTO Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,000	3,010	2,981	2,996	2,970	2,881
Other Revenue	647.6	581	487.8	458.9	366	378.3
Revenue	3,648	3,591	3,469	3,455	3,336	3,259
Revenue Growth (YoY)	0.89%	3.51%	0.39%	3.57%	2.38%	-1.33%
Cost of Revenue	1,284	1,326	1,337	1,338	1,259	1,296
Gross Profit	2,364	2,265	2,132	2,118	2,077	1,963
Selling, General & Admin	177.1	172.3	164.5	152.5	258.7	236.7
Other Operating Expenses	727.1	657	515.8	497.3	394.7	355.8
Operating Expenses	1,646	1,567	1,385	1,493	1,389	1,344
Operating Income	717.8	697.7	747.2	624.6	688.8	618.8
Interest Expense	-	-	-	-35.3	-43.7	-53.6
Interest & Investment Income	0.5	-	-	-	1	1.7
Currency Exchange Gain (Loss)	0.2	0.7	3.1	1.6	1.5	-3.6
Other Non Operating Income (Expenses)	-17.5	-17.5	-16.5	-	-	-
EBT Excluding Unusual Items	701	680.9	733.8	590.9	647.6	563.3
Merger & Restructuring Charges	-30	-33.8	-35.3	-39.4	121.8	-132.6
Gain (Loss) on Sale of Investments	1.6	30.5	0.9	-	-50.4	9.8
Gain (Loss) on Sale of Assets	1	1	0.1	3.4	0.4	2.6
Asset Writedown	-	-	-	-	-	-160
Pretax Income	673.6	678.6	699.5	554.9	719.4	283.1
Income Tax Expense	104.8	199.8	167.8	166.2	233.6	45.9
Earnings From Continuing Operations	568.8	478.8	531.7	388.7	485.8	237.2
Earnings From Discontinued Operations	-16.9	-	-	-	103.9	138.5
Net Income to Company	551.9	478.8	531.7	388.7	589.7	375.7
Minority Interest in Earnings	-	-	-	-0.1	-32.1	-15.8
Net Income	551.9	478.8	531.7	388.6	557.6	359.9
Net Income to Common	551.9	478.8	531.7	388.6	557.6	359.9
Net Income Growth	0.56%	-9.95%	36.82%	-30.31%	54.93%	75.48%
Shares Outstanding (Basic)	404	412	423	438	454	465
Shares Outstanding (Diluted)	404	412	423	438	454	465
Shares Change (YoY)	-2.45%	-2.78%	-3.31%	-3.59%	-2.40%	-2.15%
EPS (Basic)	1.37	1.16	1.26	0.89	1.23	0.77
EPS (Diluted)	1.37	1.16	1.26	0.89	1.23	0.77
EPS Growth	3.09%	-7.38%	41.51%	-27.71%	58.74%	79.33%
Free Cash Flow	474.6	502.5	573.7	677.7	638.2	580.1
Free Cash Flow Per Share	1.18	1.22	1.35	1.55	1.41	1.25
Dividend Per Share	0.742	0.742	0.722	0.589	0.558	0.688
Dividend Growth	2.76%	2.76%	22.56%	5.52%	-18.88%	23.85%
Gross Margin	64.81%	63.07%	61.46%	61.28%	62.27%	60.22%
Operating Margin	19.68%	19.43%	21.54%	18.08%	20.65%	18.99%
Profit Margin	15.13%	13.33%	15.33%	11.25%	16.71%	11.04%
Free Cash Flow Margin	13.01%	13.99%	16.54%	19.61%	19.13%	17.80%
EBITDA	1,158	1,139	1,152	1,146	1,113	1,197
EBITDA Margin	31.75%	31.71%	33.20%	33.17%	33.35%	36.72%
D&A For EBITDA	440.4	440.8	404.3	521.5	423.9	577.8
EBIT	717.8	697.7	747.2	624.6	688.8	618.8
EBIT Margin	19.68%	19.43%	21.54%	18.08%	20.65%	18.99%
Effective Tax Rate	15.56%	29.44%	23.99%	29.95%	32.47%	16.21%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.