BUD:RABA 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	54,240	57,736	72,842	64,347	46,436
Revenue Growth (YoY)	-6.05%	-20.74%	13.20%	38.57%	19.82%
Cost of Revenue	45,300	48,455	61,876	53,112	37,893
Gross Profit	8,941	9,281	10,966	11,235	8,543
Selling, General & Admin	10,054	8,574	9,840	9,630	7,475
Other Operating Expenses	-7,983	-134.05	-238.47	-33.42	-101.62
Operating Expenses	2,071	8,530	9,671	9,596	7,373
Operating Income	6,870	751.22	1,294	1,638	1,169
Interest Expense	-443.46	-507.41	-443.89	-135.21	-30.7
Interest & Investment Income	88.43	115.08	1,189	10.32	2.15
Earnings From Equity Investments	-	-	-	108.61	-0.16
Currency Exchange Gain (Loss)	614.16	-1,138	-135.25	-940.49	-157.53
Other Non Operating Income (Expenses)	-7.85	-29.02	3.45	-9.79	-22.78
EBT Excluding Unusual Items	7,121	-808.46	1,907	671.91	960.28
Gain (Loss) on Sale of Assets	-	2,063	-5.1	829.49	823.03
Asset Writedown	-3,206	-650	-10.46	-	-
Other Unusual Items	-	25.82	61.46	609.97	0.04
Pretax Income	3,915	630.38	1,953	2,111	1,783
Income Tax Expense	1,000	587.4	769.55	479.2	500.15
Net Income	2,915	42.98	1,184	1,632	1,283
Net Income to Common	2,915	42.98	1,184	1,632	1,283
Net Income Growth	6682.52%	-96.37%	-27.47%	27.20%	-
Shares Outstanding (Basic)	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13
Shares Change (YoY)	1.07%	-	-	-	-
EPS (Basic)	216.00	3.22	88.65	122.23	96.10
EPS (Diluted)	216.00	3.00	88.65	122.00	96.00
EPS Growth	7100.00%	-96.62%	-27.33%	27.08%	-
Free Cash Flow	-1,955	-6,310	1,053	-3,905	-5,534
Free Cash Flow Per Share	-144.90	-472.57	78.88	-292.45	-414.43
Gross Margin	16.48%	16.07%	15.05%	17.46%	18.40%
Operating Margin	12.67%	1.30%	1.78%	2.55%	2.52%
Profit Margin	5.37%	0.07%	1.63%	2.54%	2.76%
Free Cash Flow Margin	-3.60%	-10.93%	1.45%	-6.07%	-11.92%
EBITDA	9,932	3,454	3,773	4,164	3,522
EBITDA Margin	18.31%	5.98%	5.18%	6.47%	7.58%
D&A For EBITDA	3,062	2,703	2,479	2,526	2,352
EBIT	6,870	751.22	1,294	1,638	1,169
EBIT Margin	12.67%	1.30%	1.78%	2.55%	2.52%
Effective Tax Rate	25.55%	93.18%	39.40%	22.70%	28.05%
Revenue as Reported	54,240	-	-	-	-

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