Mermeren Kombinat AD Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	30.24	30.49	31.66	29.26	30.38	30.13
Revenue Growth (YoY)	-1.11%	-3.69%	8.17%	-3.67%	0.83%	36.12%
Cost of Revenue	11.98	13.44	11.55	10.66	10.59	9.26
Gross Profit	18.25	17.04	20.1	18.61	19.79	20.87
Selling, General & Admin	2.9	2.99	3.39	3.57	4.32	4.3
Other Operating Expenses	0.01	-0.01	-0.1	0.01	-0.01	-0.02
Operating Expenses	3.02	3.09	3.38	3.67	4.43	4.38
Operating Income	15.23	13.95	16.72	14.94	15.37	16.49
Interest Expense	-	-0.02	-0	-0	-0	-0.02
Interest & Investment Income	0.06	0.03	0.04	0.07	0.03	0.04
Currency Exchange Gain (Loss)	-0.08	-0.03	-0.02	-0.02	-0.04	-0.04
Other Non Operating Income (Expenses)	-0.14	-0.14	-0.19	-0.08	-0.09	-0.08
EBT Excluding Unusual Items	15.07	13.79	16.56	14.9	15.27	16.39
Gain (Loss) on Sale of Assets	0.24	0.24	0.01	0	0.01	0.01
Asset Writedown	-0	-0	-0	-0	-0.03	-0.03
Legal Settlements	0	0	0	0	0	0
Other Unusual Items	0	0	0.01	0	0.1	0.01
Pretax Income	15.31	14.03	16.58	14.91	15.35	16.38
Income Tax Expense	1.6	1.47	1.73	1.21	1.4	1.58
Net Income	13.72	12.57	14.85	13.7	13.95	14.8
Net Income to Common	13.72	12.57	14.85	13.7	13.95	14.8
Net Income Growth	1.95%	-15.37%	8.41%	-1.80%	-5.72%	78.45%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
EPS (Basic)	2.93	2.68	3.17	2.92	2.98	3.16
EPS (Diluted)	2.93	2.68	3.17	2.92	2.98	3.16
EPS Growth	1.95%	-15.37%	8.41%	-1.80%	-5.72%	78.45%
Free Cash Flow	-	6.22	15.69	13.24	13.4	14.46
Free Cash Flow Per Share	-	1.33	3.35	2.83	2.86	3.08
Dividend Per Share	-	-	2.400	-	-	-
Gross Margin	60.37%	55.90%	63.50%	63.59%	65.16%	69.28%
Operating Margin	50.37%	45.75%	52.82%	51.04%	50.58%	54.73%
Profit Margin	45.36%	41.22%	46.91%	46.81%	45.92%	49.11%
Free Cash Flow Margin	-	20.41%	49.57%	45.26%	44.11%	47.99%
EBITDA	17.32	16.07	18.98	17.18	17.47	18.69
EBITDA Margin	57.29%	52.73%	59.96%	58.71%	57.52%	62.04%
D&A For EBITDA	2.09	2.13	2.26	2.24	2.11	2.2
EBIT	15.23	13.95	16.72	14.94	15.37	16.49
EBIT Margin	50.37%	45.75%	52.82%	51.04%	50.58%	54.73%
Effective Tax Rate	10.42%	10.45%	10.44%	8.10%	9.12%	9.66%

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