Etropal AD Income Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	18.86	15.75	11.2	6.75	11.72	7.6
Other Revenue	-	-	-	-	-	0.08
Revenue	18.86	15.75	11.2	6.75	11.72	7.67
Revenue Growth (YoY)	23.73%	40.60%	66.01%	-42.43%	52.70%	12.64%
Cost of Revenue	13.98	11.1	7.16	3.51	8.88	3.56
Gross Profit	4.88	4.64	4.04	3.24	2.84	4.11
Selling, General & Admin	3.61	3.13	2.66	2.68	4.12	3.23
Other Operating Expenses	0.32	0.32	0.31	0.18	1.42	0.25
Operating Expenses	4.81	4.34	3.85	3.75	6.1	4.01
Operating Income	0.07	0.31	0.2	-0.51	-3.26	0.11
Interest Expense	-0.27	-0.3	-0.36	-0.27	-0.2	-
Interest & Investment Income	0.03	0.05	0.05	0.01	0	0
Currency Exchange Gain (Loss)	-	-0	-0.01	-0	0.03	-0.02
Other Non Operating Income (Expenses)	-0.03	-0.02	-0.01	-0.01	-0.03	-0.06
Pretax Income	-0.2	0.04	-0.13	-0.78	-3.47	0.02
Income Tax Expense	-	-	-0.01	0.03	-0.05	-0
Earnings From Continuing Operations	-0.2	0.04	-0.12	-0.81	-3.41	0.03
Minority Interest in Earnings	0.07	0.05	0.1	0.09	-0.03	-0
Net Income	-0.13	0.09	-0.03	-0.72	-3.44	0.02
Preferred Dividends & Other Adjustments	-	-	-	-0.21	0.06	-
Net Income to Common	-0.13	0.09	-0.03	-0.51	-3.5	0.02
Net Income Growth	-	-	-	-	-	-14.29%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
EPS (Basic)	-0.03	0.02	-0.01	-0.10	-0.70	0.00
EPS (Diluted)	-0.03	0.02	-0.01	-0.10	-0.70	0.00
EPS Growth	-	-	-	-	-	-14.29%
Free Cash Flow	-0.7	0.51	0.91	-1.81	1.44	0.06
Free Cash Flow Per Share	-0.14	0.10	0.18	-0.36	0.29	0.01
Gross Margin	25.88%	29.48%	36.08%	48.01%	24.25%	53.58%
Operating Margin	0.37%	1.95%	1.75%	-7.58%	-27.85%	1.37%
Profit Margin	-0.69%	0.55%	-0.25%	-7.58%	-29.86%	0.31%
Free Cash Flow Margin	-3.70%	3.26%	8.15%	-26.77%	12.29%	0.78%
EBITDA	0.96	1.19	1.08	0.38	-2.7	0.63
EBITDA Margin	5.06%	7.53%	9.63%	5.65%	-23.06%	8.26%
D&A For EBITDA	0.89	0.88	0.88	0.89	0.56	0.53
EBIT	0.07	0.31	0.2	-0.51	-3.26	0.11
EBIT Margin	0.37%	1.95%	1.75%	-7.58%	-27.85%	1.37%
Advertising Expenses	-	0.04	0.03	0.01	0.01	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.