BUD:ORMESTER 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	3,247	3,603	3,307	2,605	1,858
Revenue Growth (YoY)	-9.86%	8.93%	26.97%	40.21%	39.61%
Cost of Revenue	2,876	3,204	2,953	2,296	1,569
Gross Profit	371.26	398.95	354.54	309.17	288.83
Selling, General & Admin	319.21	302.19	242.86	208.5	197.84
Other Operating Expenses	9.78	-4.71	17.71	6.54	0.48
Operating Expenses	328.99	297.48	260.57	215.03	198.32
Operating Income	42.27	101.47	93.98	94.14	90.51
Interest Expense	-4.98	-3.79	-3.22	-1.3	-0.26
Interest & Investment Income	-	-	-	0.09	0.08
Other Non Operating Income (Expenses)	0.08	0.1	-0.05	-0	-0.15
EBT Excluding Unusual Items	37.36	97.78	90.71	92.93	90.18
Gain (Loss) on Sale of Assets	-	3.91	0	0.04	0.19
Asset Writedown	-	-13.46	-	-	-
Other Unusual Items	-	-	-	-	2.61
Pretax Income	37.36	88.23	90.71	92.97	92.98
Income Tax Expense	16.74	19.12	18.64	12.64	12.03
Net Income	20.62	69.1	72.07	80.32	80.95
Net Income to Common	20.62	69.1	72.07	80.32	80.95
Net Income Growth	-70.16%	-4.11%	-10.28%	-0.78%	248.75%
Shares Outstanding (Basic)	3	2	2	2	2
Shares Outstanding (Diluted)	3	2	2	2	2
Shares Change (YoY)	5.09%	-	-	-	-
EPS (Basic)	8.00	28.17	29.38	32.75	33.00
EPS (Diluted)	8.00	28.00	29.00	32.75	33.00
EPS Growth	-71.43%	-3.45%	-11.45%	-0.76%	266.67%
Free Cash Flow	47.84	128.53	195.4	-14.33	121.72
Free Cash Flow Per Share	18.56	52.40	79.67	-5.84	49.63
Gross Margin	11.43%	11.07%	10.72%	11.87%	15.55%
Operating Margin	1.30%	2.82%	2.84%	3.61%	4.87%
Profit Margin	0.64%	1.92%	2.18%	3.08%	4.36%
Free Cash Flow Margin	1.47%	3.57%	5.91%	-0.55%	6.55%
EBITDA	85.71	111.08	127.36	131.96	127.18
EBITDA Margin	2.64%	3.08%	3.85%	5.07%	6.85%
D&A For EBITDA	43.44	9.62	33.38	37.82	36.66
EBIT	42.27	101.47	93.98	94.14	90.51
EBIT Margin	1.30%	2.82%	2.84%	3.61%	4.87%
Effective Tax Rate	44.81%	21.68%	20.55%	13.60%	12.94%
Advertising Expenses	-	0.96	1.61	3.68	3.09

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