Mermeren Kombinat AD Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	30.49	31.66	29.26	30.38	30.13
Revenue Growth (YoY)	-3.69%	8.17%	-3.67%	0.83%	36.12%
Cost of Revenue	13.25	11.55	10.66	10.59	9.26
Gross Profit	17.23	20.1	18.61	19.79	20.87
Selling, General & Admin	3.11	3.51	3.57	4.32	4.3
Other Operating Expenses	-0.28	-0.11	0.01	-0.01	-0.02
Operating Expenses	2.83	3.49	3.67	4.43	4.38
Operating Income	14.4	16.61	14.94	15.37	16.49
Interest Expense	-0.33	-0	-0	-0	-0.02
Interest & Investment Income	0.25	0.04	0.07	0.03	0.04
Currency Exchange Gain (Loss)	-	-0.02	-0.02	-0.04	-0.04
Other Non Operating Income (Expenses)	-0	-0.07	-0.08	-0.09	-0.08
EBT Excluding Unusual Items	14.33	16.57	14.9	15.27	16.39
Gain (Loss) on Sale of Assets	-	0.01	0	0.01	0.01
Asset Writedown	-0.29	-0	-0	-0.03	-0.03
Legal Settlements	-	0	0	0	0
Other Unusual Items	-	0	0	0.1	0.01
Pretax Income	14.03	16.58	14.91	15.35	16.38
Income Tax Expense	1.47	1.73	1.21	1.4	1.58
Net Income	12.57	14.85	13.7	13.95	14.8
Net Income to Common	12.57	14.85	13.7	13.95	14.8
Net Income Growth	-15.37%	8.41%	-1.80%	-5.72%	78.45%
Shares Outstanding (Basic)	-	5	5	5	5
Shares Outstanding (Diluted)	-	5	5	5	5
EPS (Basic)	-	3.17	2.92	2.98	3.16
EPS (Diluted)	-	3.17	2.92	2.98	3.16
EPS Growth	-	8.41%	-1.80%	-5.72%	78.45%
Free Cash Flow	-	15.69	13.24	13.4	14.46
Free Cash Flow Per Share	-	3.35	2.83	2.86	3.08
Dividend Per Share	-	2.400	-	-	-
Gross Margin	56.53%	63.50%	63.59%	65.16%	69.28%
Operating Margin	47.24%	52.47%	51.04%	50.58%	54.73%
Profit Margin	41.22%	46.91%	46.81%	45.92%	49.11%
Free Cash Flow Margin	-	49.57%	45.26%	44.11%	47.99%
EBITDA	16.66	18.87	17.18	17.47	18.69
EBITDA Margin	54.66%	59.61%	58.71%	57.52%	62.04%
D&A For EBITDA	2.26	2.26	2.24	2.11	2.2
EBIT	14.4	16.61	14.94	15.37	16.49
EBIT Margin	47.24%	52.47%	51.04%	50.58%	54.73%
Effective Tax Rate	10.45%	10.44%	8.10%	9.12%	9.66%
Revenue as Reported	30.49	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.