BUD:APPENINN 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
Revenue	22.93	23.13	19.49	8.04	8.02
Revenue Growth (YoY)	-0.86%	18.67%	142.41%	0.25%	6.40%
Cost of Revenue	7.67	6.19	6.62	2.1	2.16
Gross Profit	15.26	16.93	12.87	5.94	5.86
Selling, General & Admin	1.14	0.77	1.1	0.99	1.74
Other Operating Expenses	-	1.03	0.87	0.36	0.33
Operating Expenses	1.15	1.81	1.98	1.41	2.27
Operating Income	14.11	15.12	10.89	4.53	3.59
Interest Expense	-2.53	-4.13	-3.33	-2.71	-2.26
Interest & Investment Income	-	1.39	3.13	4.25	0.04
Currency Exchange Gain (Loss)	-	1.67	1.62	-2.02	-0.25
Other Non Operating Income (Expenses)	0.14	-0.23	0.06	-0.02	-
EBT Excluding Unusual Items	11.72	13.82	12.36	4.03	1.12
Gain (Loss) on Sale of Investments	-	-	-	0.08	-
Gain (Loss) on Sale of Assets	-	-	0.36	-	-0.5
Asset Writedown	-7.31	1.88	1.97	9.29	3.67
Other Unusual Items	-	0.2	0.05	-	-
Pretax Income	4.41	15.92	14.75	13.41	4.31
Income Tax Expense	0.58	0.34	-5.18	1.62	1.26
Earnings From Continuing Operations	3.82	15.58	19.94	11.79	3.04
Earnings From Discontinued Operations	-	-	2.83	2.14	-8.82
Net Income to Company	3.82	15.58	22.77	13.93	-5.78
Net Income	3.82	15.58	22.77	13.93	-5.78
Net Income to Common	3.82	15.58	22.77	13.93	-5.78
Net Income Growth	-75.46%	-31.57%	63.49%	-	-
Shares Outstanding (Basic)	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47
Shares Change (YoY)	0.00%	-	-	-	-
EPS (Basic)	0.08	0.33	0.48	0.29	-0.12
EPS (Diluted)	0.08	0.33	0.48	0.29	-0.12
EPS Growth	-75.46%	-31.57%	63.47%	-	-
Free Cash Flow	12.84	16.21	10.26	30.05	15.81
Free Cash Flow Per Share	0.27	0.34	0.22	0.63	0.33
Gross Margin	66.54%	73.21%	66.02%	73.93%	73.06%
Operating Margin	61.53%	65.40%	55.89%	56.35%	44.81%
Profit Margin	16.67%	67.36%	116.83%	173.22%	-72.07%
Free Cash Flow Margin	56.01%	70.10%	52.66%	373.83%	197.15%
EBITDA	14.12	15.13	10.9	4.54	3.75
EBITDA Margin	61.56%	65.44%	55.92%	56.45%	46.74%
D&A For EBITDA	0.01	0.01	0.01	0.01	0.15
EBIT	14.11	15.12	10.89	4.53	3.59
EBIT Margin	61.53%	65.40%	55.89%	56.35%	44.81%
Effective Tax Rate	13.23%	2.14%	-	12.10%	29.32%

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