Bulmetal JSC (BUL:BMTL)

Bulmetal JSC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	104.1	103.23	108.15	105	83.26	70.65
Other Revenue	3.68	3.68	2.52	2.34	0.05	2.38
Revenue	107.78	106.91	110.67	107.34	83.31	73.03
Revenue Growth (YoY)	0.14%	-3.40%	3.10%	28.84%	14.07%	-1.30%
Cost of Revenue	67.49	68	78.99	70.55	50.31	38.88
Gross Profit	40.29	38.91	31.68	36.79	33	34.15
Selling, General & Admin	23.45	21.6	18.84	17.34	26.09	27.28
Other Operating Expenses	2.59	0.81	-1.46	-0.84	-4.17	-5.97
Operating Expenses	30.73	28.23	24.32	23.96	27.66	27.11
Operating Income	9.56	10.68	7.36	12.82	5.34	7.04
Interest Expense	-1.81	-2.41	-1.77	-0.62	-0.82	-0.63
Interest & Investment Income	0.05	0.04	0.01	0.01	0.02	0.03
Currency Exchange Gain (Loss)	-0.05	-0.06	-0.55	-0.37	-0.03	-0.04
Other Non Operating Income (Expenses)	0.73	0.76	0.95	0.06	0.16	0.41
EBT Excluding Unusual Items	8.49	9.02	6.01	11.91	4.68	6.81
Gain (Loss) on Sale of Investments	-0.05	-	-	-	-	-
Gain (Loss) on Sale of Assets	-3.02	-3.2	-1.64	-1.97	-3.04	-6.24
Pretax Income	5.42	5.82	4.37	9.94	1.64	0.57
Income Tax Expense	1.73	1.73	0.97	1.27	0.19	0.1
Earnings From Continuing Operations	3.69	4.09	3.4	8.66	1.45	0.47
Minority Interest in Earnings	-0.06	-0.07	-0.09	-0.01	-0.34	-0.01
Net Income	3.63	4.02	3.32	8.65	1.11	0.47
Net Income to Common	3.63	4.02	3.32	8.65	1.11	0.47
Net Income Growth	-18.56%	21.33%	-61.68%	680.69%	137.26%	-57.93%
Shares Outstanding (Basic)	7	7	6	6	-	-
Shares Outstanding (Diluted)	7	7	6	6	-	-
Shares Change (YoY)	-	12.81%	0.44%	-	-	-
EPS (Basic)	0.51	0.57	0.53	1.39	-	-
EPS (Diluted)	0.51	0.57	0.53	1.39	-	-
EPS Growth	-18.56%	7.55%	-61.84%	-	-	-
Free Cash Flow	-1.99	-1.48	-4.79	-0.72	-3.28	-3.35
Free Cash Flow Per Share	-0.28	-0.21	-0.77	-0.12	-	-
Dividend Per Share	0.105	0.105	0.070	-	-	-
Dividend Growth	50.00%	50.00%	-	-	-	-
Gross Margin	37.38%	36.39%	28.63%	34.27%	39.61%	46.76%
Operating Margin	8.87%	9.99%	6.65%	11.95%	6.41%	9.64%
Profit Margin	3.37%	3.76%	3.00%	8.06%	1.33%	0.64%
Free Cash Flow Margin	-1.85%	-1.39%	-4.33%	-0.67%	-3.94%	-4.58%
EBITDA	14.11	16.37	13.85	20.28	11.08	12.85
EBITDA Margin	13.09%	15.31%	12.52%	18.90%	13.29%	17.59%
D&A For EBITDA	4.55	5.69	6.49	7.46	5.73	5.81
EBIT	9.56	10.68	7.36	12.82	5.34	7.04
EBIT Margin	8.87%	9.99%	6.65%	11.95%	6.41%	9.64%
Effective Tax Rate	31.89%	29.72%	22.15%	12.80%	11.52%	17.05%
Revenue as Reported	110.51	110.51	115.69	110.11	89	82.87
Advertising Expenses	-	-	0.01	0	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.