Bulgarian Stock Exchange AD (BUL:BSE)
Bulgaria flag Bulgaria · Delayed Price · Currency is BGN · Price in EUR
7.18
+0.16 (2.28%)
At close: Jul 31, 2026

BUL:BSE Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
12.3411.419.829.088.848.19
Revenue Growth
22.34%16.19%8.12%2.71%7.89%28.11%
Gross Profit
12.311.369.739.038.748.09
Operating Income
4.714.273.253.32.563.67
Net Income
7.258.398.666.42.323.38
Earnings Per Share
0.550.640.670.500.240.35
EPS Growth
-27.16%-4.97%34.91%107.21%-30.90%54.62%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Trading in Financial Instruments
0.820.690.580.550.640.53
Information Services
0.640.650.620.530.440.47
Registration and Maintenance of Issues for Trading
0.950.910.820.740.540.53
Electricity Trade
9.899.127.777.247.26.67
Total
12.2911.379.799.068.828.19

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
36.272.0750.9166.79129.7155.78
Total Debt
0.160.120.080.130.020.03
Net Cash (Debt)
36.0471.9550.8466.66129.68155.75
Net Cash Growth
-19.56%41.53%-23.74%-48.59%-16.74%73.29%
Net Cash Per Share
2.735.463.935.1813.4216.01

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-281.11-83.23149.8338.86-24.4573.38
Capital Expenditures
-0.07-0.09-6.41-0.04-0.13-0.34
Free Cash Flow
-281.18-83.32143.4238.82-24.5873.03
Free Cash Flow Growth
--269.43%--113.10%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
99.64%99.61%99.10%99.45%98.88%98.71%
Operating Margin
38.13%37.46%33.15%36.30%28.96%44.83%
Pretax Margin
65.39%81.71%98.45%78.81%29.65%46.23%
Profit Margin
58.77%73.53%88.23%70.50%26.21%41.22%
FCF Margin
-2278.37%-730.33%1460.68%427.50%-278.02%891.29%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.260-0.2310.1010.3540.352
Dividend Per Share Growth
184.54%-128.67%-71.54%0.67%1192.08%
Dividend Yield
9.16%-6.78%2.97%15.65%16.17%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
13.058.756.006.1712.728.94
P/FCF Ratio
--0.361.02-0.41
PS Ratio
7.646.445.304.353.333.69