BUD:MTELEKOM Income Statement

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

Millions HUF. 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	983,939	967,478	849,372	746,669	692,849
Revenue Growth (YoY)	1.70%	13.91%	13.76%	7.77%	2.94%
Cost of Revenue	446,930	442,737	400,514	365,983	342,462
Gross Profit	537,009	524,741	448,858	380,686	350,387
Selling, General & Admin	-	11,599	10,045	9,537	9,053
Other Operating Expenses	119,211	136,404	137,853	117,876	101,314
Operating Expenses	262,468	301,688	301,099	275,391	258,329
Operating Income	274,541	223,053	147,759	105,295	92,058
Interest Expense	-19,070	-20,753	-25,002	-17,596	-13,767
Interest & Investment Income	7,334	4,600	4,128	1,588	362
Earnings From Equity Investments	-	-	-	26	-
Currency Exchange Gain (Loss)	-	-12,591	10,302	-24,280	-2,096
Other Non Operating Income (Expenses)	-9,184	-492	-33,580	15,373	1,816
EBT Excluding Unusual Items	253,621	193,817	103,607	80,406	78,373
Gain (Loss) on Sale of Investments	-	-	112	106	-11
Gain (Loss) on Sale of Assets	-	406	237	3,883	751
Pretax Income	253,621	194,223	103,956	84,395	79,113
Income Tax Expense	38,070	30,827	19,552	17,321	16,266
Earnings From Continuing Operations	215,551	163,396	84,404	67,074	62,847
Net Income to Company	215,551	163,396	84,404	67,074	62,847
Minority Interest in Earnings	-7,111	-5,599	-5,453	-4,120	-3,850
Net Income	208,440	157,797	78,951	62,954	58,997
Net Income to Common	208,440	157,797	78,951	62,954	58,997
Net Income Growth	32.09%	99.87%	25.41%	6.71%	39.26%
Shares Outstanding (Basic)	895	919	943	976	1,007
Shares Outstanding (Diluted)	895	919	943	976	1,007
Shares Change (YoY)	-2.55%	-2.56%	-3.35%	-3.16%	-1.91%
EPS (Basic)	232.83	171.76	83.73	64.53	58.56
EPS (Diluted)	232.83	171.76	83.73	64.53	58.56
EPS Growth	35.55%	105.13%	29.76%	10.20%	41.98%
Free Cash Flow	243,992	199,480	122,635	74,546	83,864
Free Cash Flow Per Share	272.54	217.14	130.07	76.41	83.24
Dividend Per Share	-	100.110	44.700	30.600	15.050
Dividend Growth	-	123.96%	46.08%	103.32%	0.33%
Gross Margin	54.58%	54.24%	52.85%	50.98%	50.57%
Operating Margin	27.90%	23.05%	17.40%	14.10%	13.29%
Profit Margin	21.18%	16.31%	9.29%	8.43%	8.52%
Free Cash Flow Margin	24.80%	20.62%	14.44%	9.98%	12.10%
EBITDA	417,798	315,204	240,580	244,063	195,286
EBITDA Margin	42.46%	32.58%	28.32%	32.69%	28.19%
D&A For EBITDA	143,257	92,151	92,821	138,768	103,228
EBIT	274,541	223,053	147,759	105,295	92,058
EBIT Margin	27.90%	23.05%	17.40%	14.10%	13.29%
Effective Tax Rate	15.01%	15.87%	18.81%	20.52%	20.56%
Revenue as Reported	983,939	967,478	849,372	746,669	692,849

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.