BME:DESA 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
Operating Revenue	48.95	47.89	47.66	50.41	48.1
Other Revenue	-	-	0	0	0.01
Revenue	48.95	47.89	47.66	50.41	48.11
Revenue Growth (YoY)	2.21%	0.48%	-5.46%	4.79%	21.31%
Cost of Revenue	27.67	27.75	28.88	31.44	28.77
Gross Profit	21.28	20.15	18.78	18.98	19.34
Selling, General & Admin	8.61	8.74	8.42	8.04	7.86
Amortization of Goodwill & Intangibles	-	1.06	1.13	1.2	1.3
Other Operating Expenses	7.12	6.62	5.86	5.69	5.61
Operating Expenses	16.75	16.42	15.42	14.92	14.77
Operating Income	4.53	3.73	3.36	4.05	4.58
Interest Expense	-0.3	-0.08	-0.14	-0.05	-0.01
Currency Exchange Gain (Loss)	0.01	0	-0	-0.02	-0.03
Other Non Operating Income (Expenses)	0	-0.3	-0.3	-0.25	-0.16
EBT Excluding Unusual Items	4.24	3.36	2.92	3.74	4.37
Gain (Loss) on Sale of Assets	0.01	-	-	-	-
Asset Writedown	0.45	-	-	-0.08	-0.02
Pretax Income	4.7	3.36	2.92	3.66	4.35
Income Tax Expense	0.8	0.93	0.79	0.87	0.58
Net Income	3.9	2.43	2.13	2.78	3.76
Net Income to Common	3.9	2.43	2.13	2.78	3.76
Net Income Growth	60.43%	14.15%	-23.53%	-26.10%	315.57%
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	-0.00%	0.02%	-0.01%	-0.24%	0.02%
EPS (Basic)	2.19	1.36	1.20	1.56	2.11
EPS (Diluted)	2.19	1.36	1.20	1.56	2.11
EPS Growth	60.43%	14.12%	-23.52%	-25.92%	315.49%
Free Cash Flow	-0.15	4.29	4.23	0.53	1.27
Free Cash Flow Per Share	-0.09	2.41	2.38	0.30	0.71
Dividend Per Share	-	-	1.124	-	0.561
Dividend Growth	-	-	-	-	100.11%
Gross Margin	43.47%	42.07%	39.41%	37.65%	40.21%
Operating Margin	9.25%	7.79%	7.05%	8.04%	9.51%
Profit Margin	7.96%	5.07%	4.46%	5.52%	7.83%
Free Cash Flow Margin	-0.31%	8.95%	8.87%	1.05%	2.63%
EBITDA	5.55	4.49	4.21	5.07	5.76
EBITDA Margin	11.34%	9.38%	8.84%	10.05%	11.97%
D&A For EBITDA	1.02	0.76	0.85	1.01	1.18
EBIT	4.53	3.73	3.36	4.05	4.58
EBIT Margin	9.25%	7.79%	7.05%	8.04%	9.51%
Effective Tax Rate	17.11%	27.73%	27.02%	23.92%	13.44%

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