Bulgarian Stock Exchange AD (BUL:BSE)
Bulgaria flag Bulgaria · Delayed Price · Currency is EUR
7.54
+0.04 (0.53%)
At close: Oct 23, 2026

BUL:BSE Financials Overview

Millions EUR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
13.1111.419.829.088.848.19
Revenue Growth
27.36%16.19%8.12%2.71%7.89%28.11%
Gross Profit
13.0611.369.739.038.748.09
Operating Income
5.884.273.253.32.563.67
Net Income
7.748.398.666.42.323.38
Earnings Per Share
0.590.640.670.500.240.35
EPS Growth
-14.00%-4.97%34.91%107.21%-30.90%54.62%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Trading in Financial Instruments
0.860.690.580.550.640.53
Information Services
0.670.650.620.530.440.47
Registration and Maintenance of Issues for Trading
0.990.910.820.740.540.53
Electricity Trade
10.559.127.777.247.26.67
Total
13.0611.379.799.068.828.19

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
18.1772.0750.9166.79129.7155.78
Total Debt
0.140.120.080.130.020.03
Net Cash (Debt)
18.0371.9550.8466.66129.68155.75
Net Cash Growth
-30.84%41.53%-23.74%-48.59%-16.74%73.29%
Net Cash Per Share
1.375.463.935.1813.4216.01

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-157.72-83.23149.8338.86-24.4573.38
Capital Expenditures
-0.04-0.09-6.41-0.04-0.13-0.34
Free Cash Flow
-157.76-83.32143.4238.82-24.5873.03
Free Cash Flow Growth
--269.43%--113.10%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
99.63%99.61%99.10%99.45%98.88%98.71%
Operating Margin
44.83%37.46%33.15%36.30%28.96%44.83%
Pretax Margin
65.66%81.71%98.45%78.81%29.65%46.23%
Profit Margin
59.04%73.53%88.23%70.50%26.21%41.22%
FCF Margin
-1203.69%-730.33%1460.68%427.50%-278.02%891.29%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.2180.6500.2310.1010.3540.352
Dividend Per Share Growth
184.54%181.78%128.67%-71.54%0.67%1192.08%
Dividend Yield
16.16%11.66%5.73%2.47%11.62%11.26%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.878.756.006.1712.728.94
P/FCF Ratio
--0.361.02-0.41
PS Ratio
7.576.445.304.353.333.69