BUD:MTELEKOM Income Statement

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	980,363	983,939	967,478	849,372	746,669	692,849
Revenue Growth (YoY)	-0.46%	1.70%	13.91%	13.76%	7.77%	2.94%
Cost of Revenue	439,839	446,930	442,737	400,514	365,983	342,462
Gross Profit	540,524	537,009	524,741	448,858	380,686	350,387
Selling, General & Admin	11,645	11,645	11,599	10,045	9,537	9,053
Other Operating Expenses	109,878	110,352	150,147	137,853	117,876	101,314
Operating Expenses	264,381	265,254	301,688	301,099	275,391	258,329
Operating Income	276,143	271,755	223,053	147,759	105,295	92,058
Interest Expense	-19,029	-19,070	-20,753	-25,002	-17,596	-13,767
Interest & Investment Income	7,997	7,334	4,600	4,128	1,588	362
Earnings From Equity Investments	-	-	-	-	26	-
Currency Exchange Gain (Loss)	-11,300	-11,300	12,698	10,302	-24,280	-2,096
Other Non Operating Income (Expenses)	2,769	2,116	-25,781	-33,580	15,373	1,816
EBT Excluding Unusual Items	256,580	250,835	193,817	103,607	80,406	78,373
Gain (Loss) on Sale of Investments	-	-	-	112	106	-11
Gain (Loss) on Sale of Assets	2,786	2,786	406	237	3,883	751
Pretax Income	259,366	253,621	194,223	103,956	84,395	79,113
Income Tax Expense	39,038	38,070	30,827	19,552	17,321	16,266
Earnings From Continuing Operations	220,328	215,551	163,396	84,404	67,074	62,847
Net Income to Company	220,328	215,551	163,396	84,404	67,074	62,847
Minority Interest in Earnings	-7,076	-7,111	-5,599	-5,453	-4,120	-3,850
Net Income	213,252	208,440	157,797	78,951	62,954	58,997
Net Income to Common	213,252	208,440	157,797	78,951	62,954	58,997
Net Income Growth	19.61%	32.09%	99.87%	25.41%	6.71%	39.26%
Shares Outstanding (Basic)	890	895	919	943	976	1,007
Shares Outstanding (Diluted)	890	895	919	943	976	1,007
Shares Change (YoY)	-2.60%	-2.55%	-2.56%	-3.35%	-3.16%	-1.91%
EPS (Basic)	239.72	232.83	171.76	83.73	64.53	58.56
EPS (Diluted)	239.72	232.83	171.76	83.73	64.53	58.56
EPS Growth	22.81%	35.55%	105.13%	29.76%	10.20%	41.98%
Free Cash Flow	251,199	243,992	199,480	122,635	74,546	83,864
Free Cash Flow Per Share	282.38	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	55.13%	54.58%	54.24%	52.85%	50.98%	50.57%
Operating Margin	28.17%	27.62%	23.05%	17.40%	14.10%	13.29%
Profit Margin	21.75%	21.18%	16.31%	9.29%	8.43%	8.52%
Free Cash Flow Margin	25.62%	24.80%	20.62%	14.44%	9.98%	12.10%
EBITDA	365,252	361,263	315,204	240,580	244,063	195,286
EBITDA Margin	37.26%	36.72%	32.58%	28.32%	32.69%	28.19%
D&A For EBITDA	89,109	89,508	92,151	92,821	138,768	103,228
EBIT	276,143	271,755	223,053	147,759	105,295	92,058
EBIT Margin	28.17%	27.62%	23.05%	17.40%	14.10%	13.29%
Effective Tax Rate	15.05%	15.01%	15.87%	18.81%	20.52%	20.56%
Revenue as Reported	980,363	983,939	967,478	849,372	746,669	692,849

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