Instituto Rosenbusch Income Statement

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

Millions ARS. 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	6,404	10,886	9,860	4,276	1,523
Revenue Growth (YoY)	-41.17%	10.40%	130.61%	180.84%	80.56%
Cost of Revenue	6,690	5,905	7,036	2,302	1,093
Gross Profit	-286.03	4,980	2,825	1,974	429.2
Selling, General & Admin	2,449	2,428	2,517	1,054	397.23
Other Operating Expenses	634.37	91.5	273.17	44.11	-10.01
Operating Expenses	3,083	2,520	2,790	1,098	387.22
Operating Income	-3,369	2,461	34.37	875.27	41.98
Interest Expense	-1,651	-822.99	-1,058	-524.56	-67.42
Interest & Investment Income	0.23	-	-	-	-
Currency Exchange Gain (Loss)	556.45	-3,504	1,709	-318.06	-114.02
Other Non Operating Income (Expenses)	-	0	-	-0	-
EBT Excluding Unusual Items	-4,463	-1,866	684.84	32.65	-139.46
Gain (Loss) on Sale of Assets	-	-	686.65	-	-
Other Unusual Items	-	-	-	-	101.34
Pretax Income	-4,463	-1,866	1,371	32.65	-38.11
Income Tax Expense	50.87	245.29	134.85	74.9	8.43
Earnings From Continuing Operations	-4,514	-2,112	1,237	-42.25	-46.54
Minority Interest in Earnings	-83.74	247.16	-10.76	17.04	8.42
Net Income	-4,598	-1,864	1,226	-25.22	-38.12
Net Income to Common	-4,598	-1,864	1,226	-25.22	-38.12
Shares Outstanding (Basic)	43	43	43	43	43
Shares Outstanding (Diluted)	43	43	43	43	43
EPS (Basic)	-107.95	-43.78	28.78	-0.59	-0.90
EPS (Diluted)	-107.95	-43.78	28.78	-0.59	-0.90
Free Cash Flow	397.75	706.67	215.92	70.74	54.2
Free Cash Flow Per Share	9.34	16.59	5.07	1.66	1.27
Gross Margin	-4.47%	45.75%	28.65%	46.16%	28.19%
Operating Margin	-52.61%	22.61%	0.35%	20.47%	2.76%
Profit Margin	-71.80%	-17.13%	12.43%	-0.59%	-2.50%
Free Cash Flow Margin	6.21%	6.49%	2.19%	1.65%	3.56%
EBITDA	-3,177	2,621	141.25	960.99	87.08
EBITDA Margin	-49.61%	24.08%	1.43%	22.48%	5.72%
D&A For EBITDA	192.08	160.55	106.89	85.72	45.1
EBIT	-3,369	2,461	34.37	875.27	41.98
EBIT Margin	-52.61%	22.61%	0.35%	20.47%	2.76%
Effective Tax Rate	-	-	9.83%	229.42%	-
Advertising Expenses	10.51	16.7	21.43	9.55	4.34

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