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	Jun '24 Jun 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	114.33	108.15	105	83.26	70.65	73.51
Other Revenue	2.96	2.52	2.34	0.05	2.38	0.48
Revenue	117.29	110.67	107.34	83.31	73.03	73.99
Revenue Growth (YoY)	40.78%	3.10%	28.84%	14.07%	-1.30%	-
Cost of Revenue	78.31	78.99	70.55	50.31	38.88	39.6
Gross Profit	38.97	31.68	36.79	33	34.15	34.4
Selling, General & Admin	19.73	18.84	17.34	26.09	27.28	23.4
Other Operating Expenses	-0.7	-0.01	-0.84	-4.17	-5.97	-2.58
Operating Expenses	25.51	25.78	23.96	27.66	27.11	27.18
Operating Income	13.46	5.9	12.82	5.34	7.04	7.21
Interest Expense	-1.91	-1.77	-0.62	-0.82	-0.63	-0.75
Interest & Investment Income	0.01	0.01	0.01	0.02	0.03	0.04
Currency Exchange Gain (Loss)	-0.55	-0.55	-0.37	-0.03	-0.04	-0.03
Other Non Operating Income (Expenses)	-0.11	-0.15	0.06	0.16	0.41	-1.22
EBT Excluding Unusual Items	10.91	3.45	11.91	4.68	6.81	5.25
Merger & Restructuring Charges	1.33	2.56	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.69
Gain (Loss) on Sale of Assets	-2.64	-1.64	-1.97	-3.04	-6.24	-4.58
Pretax Income	9.59	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	8.62	3.4	8.66	1.45	0.47	1.11
Minority Interest in Earnings	-0.09	-0.09	-0.01	-0.34	-0.01	-
Net Income	8.54	3.32	8.65	1.11	0.47	1.11
Net Income to Common	8.54	3.32	8.65	1.11	0.47	1.11
Net Income Growth	670.40%	-61.68%	680.69%	137.26%	-57.93%	-
Shares Outstanding (Basic)	-	6	6	-	-	-
Shares Outstanding (Diluted)	-	6	6	-	-	-
Shares Change (YoY)	-	0.44%	-	-	-	-
EPS (Basic)	-	0.53	1.39	-	-	-
EPS (Diluted)	-	0.53	1.39	-	-	-
EPS Growth	-	-61.84%	-	-	-	-
Free Cash Flow	-0.72	-4.79	-0.72	-3.28	-3.35	-5.57
Free Cash Flow Per Share	-	-0.77	-0.11	-	-	-
Dividend Per Share	0.070	0.070	-	-	-	-
Gross Margin	33.23%	28.63%	34.27%	39.61%	46.76%	46.48%
Operating Margin	11.48%	5.33%	11.95%	6.41%	9.64%	9.75%
Profit Margin	7.28%	3.00%	8.06%	1.33%	0.64%	1.50%
Free Cash Flow Margin	-0.62%	-4.33%	-0.67%	-3.94%	-4.58%	-7.53%
EBITDA	19.49	12.39	20.28	11.08	12.85	13.57
EBITDA Margin	16.62%	11.20%	18.90%	13.29%	17.59%	18.34%
D&A For EBITDA	6.03	6.49	7.46	5.73	5.81	6.36
EBIT	13.46	5.9	12.82	5.34	7.04	7.21
EBIT Margin	11.48%	5.33%	11.95%	6.41%	9.64%	9.75%
Effective Tax Rate	10.09%	22.15%	12.80%	11.52%	17.05%	18.38%
Revenue as Reported	122.31	115.69	110.11	89	82.87	-
Advertising Expenses	-	0.01	0	-	-	-

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