Bulgarian Stock Exchange AD (BUL: BSE)

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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	18.61	17.71	17.26	16.02	12.51	10.43
Other Revenue	0.05	0.05	0.04	-	-	-
Revenue	18.67	17.76	17.3	16.02	12.51	10.43
Revenue Growth (YoY)	10.46%	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	18.56	17.66	17.1	15.82	12.37	10.37
Selling, General & Admin	10.8	10.22	8.39	7.29	6.31	5.51
Other Operating Expenses	0.38	0.17	-0.05	-0.05	0.54	1.31
Operating Expenses	11.99	11.22	12.09	8.63	7.51	7.3
Operating Income	6.57	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	11.56	8.56	0.66	0.17	0.07	0.07
Earnings From Equity Investments	0.09	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)	-1.32	-1.31	-0.52	-	-0	-0
EBT Excluding Unusual Items	16.88	13.76	5.1	7.36	4.92	3.17
Gain (Loss) on Sale of Investments	-0.03	-	-	-	-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	17.1	14	5.13	7.41	4.94	3.19
Income Tax Expense	1.8	1.48	0.6	0.8	0.6	0.42
Net Income	15.3	12.52	4.53	6.61	4.34	2.77
Net Income to Common	15.3	12.52	4.53	6.61	4.34	2.77
Net Income Growth	150.50%	176.22%	-31.37%	52.33%	56.59%	-57.37%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	-0.33%	-	-0.72%	-1.44%	-0.01%	-
EPS (Basic)	1.58	1.30	0.47	0.68	0.44	0.28
EPS (Diluted)	1.58	1.30	0.47	0.68	0.44	0.28
EPS Growth	151.32%	176.22%	-30.87%	54.56%	56.61%	-57.37%
Free Cash Flow	72.87	75.93	-48.08	142.82	67.05	39.29
Free Cash Flow Per Share	7.55	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	99.45%	99.45%	98.88%	98.71%	98.84%	99.46%
Operating Margin	35.20%	36.30%	28.96%	44.83%	38.83%	29.45%
Profit Margin	81.96%	70.50%	26.21%	41.22%	34.65%	26.55%
Free Cash Flow Margin	390.37%	427.50%	-278.02%	891.29%	535.83%	376.78%
EBITDA	7.02	7.04	5.61	7.7	5.4	3.5
EBITDA Margin	37.59%	39.64%	32.42%	48.02%	43.18%	33.51%
D&A For EBITDA	0.45	0.59	0.6	0.51	0.54	0.42
EBIT	6.57	6.45	5.01	7.18	4.86	3.07
EBIT Margin	35.20%	36.30%	28.96%	44.83%	38.83%	29.45%
Effective Tax Rate	10.53%	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.