Bulgarian Stock Exchange AD (BUL: BSE)

BUL: BSE Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	18.66	17.71	17.26	16.02	12.51	10.43
Other Revenue	0.05	0.05	0.04	-	-	-
Revenue	18.72	17.76	17.3	16.02	12.51	10.43
Revenue Growth (YoY)	6.97%	2.69%	7.93%	28.06%	19.98%	14.52%
Cost of Revenue	0.1	0.1	0.19	0.21	0.15	0.06
Gross Profit	18.62	17.66	17.1	15.82	12.37	10.37
Selling, General & Admin	11.51	10.22	8.39	7.29	6.31	5.51
Other Operating Expenses	0.47	0.17	-0.05	-0.05	0.54	1.31
Operating Expenses	12.79	11.22	12.09	8.63	7.51	7.3
Operating Income	5.83	6.45	5.01	7.18	4.86	3.07
Interest Expense	-0.01	-0.01	-	-0.01	-0.01	-0.01
Interest & Investment Income	13.11	8.56	0.66	0.17	0.07	0.07
Earnings From Equity Investments	0.16	0.08	0.01	0.01	-0	0.02
Currency Exchange Gain (Loss)	-0.01	-0	-0.05	-0	-	0.02
Other Non Operating Income (Expenses)	-1.29	-1.31	-0.52	-	-0	-0
EBT Excluding Unusual Items	17.78	13.76	5.1	7.36	4.92	3.17
Gain (Loss) on Sale of Investments	-	-	-	-	-0	-
Gain (Loss) on Sale of Assets	0	0	0.02	0.03	-	-
Legal Settlements	0.24	0.24	-	-	-	-
Other Unusual Items	0.01	0.01	0	0.01	0.02	0.03
Pretax Income	18.02	14	5.13	7.41	4.94	3.19
Income Tax Expense	1.98	1.48	0.6	0.8	0.6	0.42
Net Income	16.05	12.52	4.53	6.61	4.34	2.77
Net Income to Common	16.05	12.52	4.53	6.61	4.34	2.77
Net Income Growth	87.85%	176.22%	-31.37%	52.33%	56.59%	-57.37%
Shares Outstanding (Basic)	12	10	10	10	10	10
Shares Outstanding (Diluted)	12	10	10	10	10	10
Shares Change (YoY)	25.31%	-	-0.72%	-1.44%	-0.01%	-
EPS (Basic)	1.33	1.30	0.47	0.68	0.44	0.28
EPS (Diluted)	1.33	1.30	0.47	0.68	0.44	0.28
EPS Growth	49.91%	176.22%	-30.87%	54.56%	56.61%	-57.37%
Free Cash Flow	98.28	75.93	-48.08	142.82	67.05	39.29
Free Cash Flow Per Share	8.12	7.86	-4.98	14.68	6.79	3.98
Dividend Per Share	0.197	0.197	0.693	0.688	0.053	0.020
Dividend Growth	-71.54%	-71.54%	0.71%	1191.56%	161.27%	-
Gross Margin	99.49%	99.45%	98.88%	98.71%	98.84%	99.46%
Operating Margin	31.13%	36.30%	28.96%	44.83%	38.83%	29.45%
Profit Margin	85.73%	70.50%	26.21%	41.22%	34.65%	26.55%
Free Cash Flow Margin	525.12%	427.50%	-278.02%	891.29%	535.83%	376.78%
EBITDA	6.24	7.04	5.61	7.7	5.4	3.5
EBITDA Margin	33.35%	39.64%	32.42%	48.02%	43.18%	33.51%
D&A For EBITDA	0.42	0.59	0.6	0.51	0.54	0.42
EBIT	5.83	6.45	5.01	7.18	4.86	3.07
EBIT Margin	31.13%	36.30%	28.96%	44.83%	38.83%	29.45%
Effective Tax Rate	10.96%	10.55%	11.60%	10.84%	12.21%	13.25%
Advertising Expenses	-	0.12	0.08	0.11	0	0.01

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