BUD:APPENINN Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	22.11	23.13	19.49	8.04	8.02	7.54
Revenue Growth (YoY)	6.04%	18.67%	142.41%	0.25%	6.40%	1.81%
Cost of Revenue	5.36	6.19	6.62	2.1	2.16	0.88
Gross Profit	16.74	16.93	12.87	5.94	5.86	6.66
Selling, General & Admin	0.79	0.77	1.1	0.99	1.74	2.16
Other Operating Expenses	0.94	1.03	0.87	0.36	0.33	0.45
Operating Expenses	1.73	1.81	1.98	1.41	2.27	2.87
Operating Income	15.01	15.12	10.89	4.53	3.59	3.79
Interest Expense	-4.48	-4.13	-3.33	-2.71	-2.26	-2.74
Interest & Investment Income	1.39	1.39	3.13	4.25	0.04	0.12
Currency Exchange Gain (Loss)	1.67	1.67	1.62	-2.02	-0.25	-2.93
Other Non Operating Income (Expenses)	0.57	-0.23	0.06	-0.02	-	-
EBT Excluding Unusual Items	14.16	13.82	12.36	4.03	1.12	-1.76
Gain (Loss) on Sale of Investments	-	-	-	0.08	-	-
Gain (Loss) on Sale of Assets	-	-	0.36	-	-0.5	0.31
Asset Writedown	-1.75	1.88	1.97	9.29	3.67	15.91
Other Unusual Items	0.2	0.2	0.05	-	-	0.2
Pretax Income	12.62	15.92	14.75	13.41	4.31	14.66
Income Tax Expense	0.66	0.34	-5.18	1.62	1.26	1.46
Earnings From Continuing Operations	11.97	15.58	19.94	11.79	3.04	13.2
Earnings From Discontinued Operations	-	-	2.83	2.14	-8.82	-
Net Income to Company	11.97	15.58	22.77	13.93	-5.78	13.2
Minority Interest in Earnings	-	-	-	-	-	-0.91
Net Income	11.97	15.58	22.77	13.93	-5.78	12.29
Net Income to Common	11.97	15.58	22.77	13.93	-5.78	12.29
Net Income Growth	-55.30%	-31.57%	63.49%	-	-	2.49%
Shares Outstanding (Basic)	47	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47	47
Shares Change (YoY)	0.01%	-	-	-	-	0.09%
EPS (Basic)	0.25	0.33	0.48	0.29	-0.12	0.26
EPS (Diluted)	0.25	0.33	0.48	0.29	-0.12	0.26
EPS Growth	-55.30%	-31.57%	63.47%	-	-	2.40%
Free Cash Flow	11.93	16.21	10.26	30.05	15.81	3.06
Free Cash Flow Per Share	0.25	0.34	0.22	0.63	0.33	0.07
Gross Margin	75.74%	73.21%	66.02%	73.93%	73.06%	88.34%
Operating Margin	67.89%	65.40%	55.89%	56.35%	44.81%	50.28%
Profit Margin	54.12%	67.36%	116.83%	173.22%	-72.07%	163.12%
Free Cash Flow Margin	53.96%	70.10%	52.66%	373.83%	197.15%	40.66%
EBITDA	15.02	15.13	10.9	4.54	3.75	3.84
EBITDA Margin	67.94%	65.44%	55.92%	56.45%	46.74%	50.92%
D&A For EBITDA	0.01	0.01	0.01	0.01	0.15	0.05
EBIT	15.01	15.12	10.89	4.53	3.59	3.79
EBIT Margin	67.89%	65.40%	55.89%	56.35%	44.81%	50.28%
Effective Tax Rate	5.21%	2.14%	-	12.10%	29.32%	9.96%

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