BUD:BET Income Statement

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Revenue	4,192	3,728	3,572
Other Revenue	65	64	59
Revenue	4,257	3,792	3,631
Revenue Growth (YoY)	38.80%	4.43%	-
Cost of Revenue	714	679	783
Gross Profit	3,543	3,113	2,848
Selling, General & Admin	1,702	1,556	1,464
Other Operating Expenses	190	171	9
Operating Expenses	2,173	2,042	1,804
Operating Income	1,370	1,071	1,044
Interest Expense	-31	-33	-34
Interest & Investment Income	432	348	347
Earnings From Equity Investments	4,520	4,747	5,128
Currency Exchange Gain (Loss)	-45	57	-9
Other Non Operating Income (Expenses)	-18	-	-14
Pretax Income	6,228	6,190	6,462
Income Tax Expense	579	351	621
Net Income	5,649	5,839	5,841
Net Income to Common	5,649	5,839	5,841
Net Income Growth	-6.54%	-0.03%	-
Shares Outstanding (Basic)	5	5	5
Shares Outstanding (Diluted)	5	5	5
EPS (Basic)	1043.51	1078.60	1078.97
EPS (Diluted)	1043.51	1078.60	1078.97
EPS Growth	-6.54%	-0.03%	-
Free Cash Flow	1,152	1,577	216
Free Cash Flow Per Share	212.80	291.31	39.90
Dividend Per Share	124.000	124.000	112.000
Dividend Growth	10.71%	10.71%	-
Gross Margin	83.23%	82.09%	78.44%
Operating Margin	32.18%	28.24%	28.75%
Profit Margin	132.70%	153.98%	160.86%
Free Cash Flow Margin	27.06%	41.59%	5.95%
EBITDA	1,455	1,273	1,271
EBITDA Margin	34.18%	33.57%	35.00%
D&A For EBITDA	85	202	227
EBIT	1,370	1,071	1,044
EBIT Margin	32.18%	28.24%	28.75%
Effective Tax Rate	9.30%	5.67%	9.61%

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