Bulmetal JSC Income Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	105.11	108.15	105	83.26	70.65	73.51
Other Revenue	2.52	2.52	2.34	0.05	2.38	0.48
Revenue	107.63	110.67	107.34	83.31	73.03	73.99
Revenue Growth (YoY)	0.27%	3.10%	28.84%	14.07%	-1.30%	-
Cost of Revenue	73.98	78.99	70.55	50.31	38.88	39.6
Gross Profit	33.65	31.68	36.79	33	34.15	34.4
Selling, General & Admin	20.99	18.84	17.34	26.09	27.28	23.4
Other Operating Expenses	-0.69	-0.01	-0.84	-4.17	-5.97	-2.58
Operating Expenses	26.58	25.78	23.96	27.66	27.11	27.18
Operating Income	7.08	5.9	12.82	5.34	7.04	7.21
Interest Expense	-2.08	-1.77	-0.62	-0.82	-0.63	-0.75
Interest & Investment Income	0.04	0.01	0.01	0.02	0.03	0.04
Currency Exchange Gain (Loss)	-0.44	-0.55	-0.37	-0.03	-0.04	-0.03
Other Non Operating Income (Expenses)	-0.12	-0.15	0.06	0.16	0.41	-1.22
EBT Excluding Unusual Items	4.48	3.45	11.91	4.68	6.81	5.25
Merger & Restructuring Charges	2.56	2.56	-	-	-	-
Gain (Loss) on Sale of Investments	-0.09	-	-	-	-	0.69
Gain (Loss) on Sale of Assets	-1.4	-1.64	-1.97	-3.04	-6.24	-4.58
Pretax Income	5.55	4.37	9.94	1.64	0.57	1.36
Income Tax Expense	0.97	0.97	1.27	0.19	0.1	0.25
Earnings From Continuing Operations	4.59	3.4	8.66	1.45	0.47	1.11
Minority Interest in Earnings	-0.13	-0.09	-0.01	-0.34	-0.01	-
Net Income	4.46	3.32	8.65	1.11	0.47	1.11
Net Income to Common	4.46	3.32	8.65	1.11	0.47	1.11
Net Income Growth	-48.43%	-61.68%	680.69%	137.26%	-57.93%	-
Shares Outstanding (Basic)	7	6	6	-	-	-
Shares Outstanding (Diluted)	7	6	6	-	-	-
Shares Change (YoY)	14.90%	0.44%	-	-	-	-
EPS (Basic)	0.62	0.53	1.39	-	-	-
EPS (Diluted)	0.62	0.53	1.39	-	-	-
EPS Growth	-55.11%	-61.84%	-	-	-	-
Free Cash Flow	-0.47	-4.79	-0.72	-3.28	-3.35	-5.57
Free Cash Flow Per Share	-0.07	-0.77	-0.11	-	-	-
Dividend Per Share	0.070	0.070	-	-	-	-
Gross Margin	31.27%	28.63%	34.27%	39.61%	46.76%	46.48%
Operating Margin	6.57%	5.33%	11.95%	6.41%	9.64%	9.75%
Profit Margin	4.14%	3.00%	8.06%	1.33%	0.64%	1.50%
Free Cash Flow Margin	-0.44%	-4.33%	-0.67%	-3.94%	-4.58%	-7.53%
EBITDA	12.9	12.39	20.28	11.08	12.85	13.57
EBITDA Margin	11.98%	11.20%	18.90%	13.29%	17.59%	18.34%
D&A For EBITDA	5.82	6.49	7.46	5.73	5.81	6.36
EBIT	7.08	5.9	12.82	5.34	7.04	7.21
EBIT Margin	6.57%	5.33%	11.95%	6.41%	9.64%	9.75%
Effective Tax Rate	17.43%	22.15%	12.80%	11.52%	17.05%	18.38%
Revenue as Reported	115.69	115.69	110.11	89	82.87	-
Advertising Expenses	-	0.01	0	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.