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	Jun '26 Jun 30, 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	982,385	983,939	967,478	849,372	746,669	692,849
Revenue Growth	-0.32%	1.70%	13.91%	13.76%	7.77%	2.94%
Cost of Revenue	440,686	446,930	442,737	400,514	365,983	342,462
Gross Profit	541,699	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	111,971	110,352	150,147	137,853	117,876	101,314
Operating Expenses	266,502	265,254	301,688	301,099	275,391	258,329
Operating Income	275,197	271,755	223,053	147,759	105,295	92,058
Interest Expense	-19,175	-19,070	-20,753	-25,002	-17,596	-13,767
Interest & Investment Income	8,218	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)	4,524	2,116	-25,781	-33,580	15,373	1,816
EBT Excluding Unusual Items	257,464	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	260,250	253,621	194,223	103,956	84,395	79,113
Income Tax Expense	39,613	38,070	30,827	19,552	17,321	16,266
Earnings From Continuing Operations	220,637	215,551	163,396	84,404	67,074	62,847
Net Income to Company	220,637	215,551	163,396	84,404	67,074	62,847
Minority Interest in Earnings	-7,217	-7,111	-5,599	-5,453	-4,120	-3,850
Net Income	213,420	208,440	157,797	78,951	62,954	58,997
Net Income to Common	213,420	208,440	157,797	78,951	62,954	58,997
Net Income Growth	11.76%	32.09%	99.87%	25.41%	6.71%	39.26%
Shares Outstanding (Basic)	884	895	919	943	976	1,007
Shares Outstanding (Diluted)	884	895	919	943	976	1,007
Shares Change	-2.45%	-2.55%	-2.56%	-3.35%	-3.16%	-1.91%
EPS (Basic)	241.29	232.83	171.76	83.73	64.53	58.56
EPS (Diluted)	241.29	232.83	171.76	83.73	64.53	58.56
EPS Growth	14.56%	35.55%	105.13%	29.76%	10.20%	41.98%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	253,472	243,992	199,480	122,635	74,546	83,864
Free Cash Flow Per Share	286.57	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	55.14%	54.58%	54.24%	52.85%	50.98%	50.57%
Operating Margin	28.01%	27.62%	23.05%	17.40%	14.10%	13.29%
Profit Margin	21.73%	21.18%	16.31%	9.29%	8.43%	8.52%
Free Cash Flow Margin	25.80%	24.80%	20.62%	14.44%	9.98%	12.10%
EBITDA	364,334	361,263	315,204	240,580	244,063	195,286
EBITDA Margin	37.09%	36.72%	32.58%	28.32%	32.69%	28.19%
D&A For EBITDA	89,137	89,508	92,151	92,821	138,768	103,228
EBIT	275,197	271,755	223,053	147,759	105,295	92,058
EBIT Margin	28.01%	27.62%	23.05%	17.40%	14.10%	13.29%
Effective Tax Rate	15.22%	15.01%	15.87%	18.81%	20.52%	20.56%
Revenue as Reported	982,385	983,939	967,478	849,372	746,669	692,849