BMV:VOLAR.A Income Statement

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

Millions USD. 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	3,038	3,142	3,259	2,847	2,222
Revenue Growth (YoY)	-3.31%	-3.59%	14.46%	28.16%	103.00%
Cost of Revenue	2,207	2,184	2,372	2,267	1,366
Gross Profit	831	957.92	886.59	580.35	855.87
Selling, General & Admin	144	169.47	167.34	124.29	96.71
Other Operating Expenses	-105	-33.56	126.97	97.07	64.65
Operating Expenses	696	578.33	675.7	556.21	447.01
Operating Income	135	379.59	210.9	24.14	408.86
Interest Expense	-38.29	-284.15	-211.79	-187.35	-134.53
Interest & Investment Income	48	49.44	38.22	12.9	3.53
Currency Exchange Gain (Loss)	13	13.66	-34.15	3.58	-124.16
Other Non Operating Income (Expenses)	-275.71	-9.49	-7.56	-5.18	-26.22
EBT Excluding Unusual Items	-118	149.06	-4.37	-151.91	127.48
Gain (Loss) on Sale of Assets	-	33.63	11.82	19.55	9.55
Pretax Income	-118	182.69	7.44	-132.36	137.03
Income Tax Expense	-14	56.31	-0.38	-52.14	30.57
Net Income	-104	126.38	7.82	-80.22	106.45
Net Income to Common	-104	126.38	7.82	-80.22	106.45
Net Income Growth	-	1516.25%	-	-	-
Shares Outstanding (Basic)	1,149	1,151	1,153	1,155	1,152
Shares Outstanding (Diluted)	1,149	1,166	1,165	1,165	1,166
Shares Change (YoY)	-1.43%	0.03%	0.03%	-0.04%	15.98%
EPS (Basic)	-0.09	0.11	0.01	-0.07	0.09
EPS (Diluted)	-0.09	0.11	0.01	-0.07	0.09
EPS Growth	-	1492.22%	-	-	-
Free Cash Flow	458.24	506.65	249.07	266.46	599.24
Free Cash Flow Per Share	0.40	0.43	0.21	0.23	0.51
Gross Margin	27.35%	30.49%	27.21%	20.38%	38.52%
Operating Margin	4.44%	12.08%	6.47%	0.85%	18.40%
Profit Margin	-3.42%	4.02%	0.24%	-2.82%	4.79%
Free Cash Flow Margin	15.08%	16.13%	7.64%	9.36%	26.97%
EBITDA	331.2	554.86	338.3	114.93	459.16
EBITDA Margin	10.90%	17.66%	10.38%	4.04%	20.67%
D&A For EBITDA	196.2	175.27	127.4	90.79	50.3
EBIT	135	379.59	210.9	24.14	408.86
EBIT Margin	4.44%	12.08%	6.47%	0.85%	18.40%
Effective Tax Rate	-	30.83%	-	-	22.31%
Revenue as Reported	3,038	3,142	3,259	2,847	2,200

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