Gradus AD (BUL:GR6)

Gradus AD Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	184.09	164.99	144.29	149.94	156.57	141.64
Other Revenue	4.4	4.4	0.85	0.96	0.29	0.35
Revenue	188.5	169.39	145.14	150.9	156.87	141.99
Revenue Growth (YoY)	17.26%	16.71%	-3.82%	-3.80%	10.48%	-10.18%
Cost of Revenue	101.02	87.22	104.88	114.19	101.17	96.15
Gross Profit	87.48	82.17	40.27	36.71	55.7	45.84
Selling, General & Admin	52.15	46.6	42.92	39.52	38.23	36.33
Other Operating Expenses	0.32	-19.12	-5.89	-23.14	-11.19	-10.73
Operating Expenses	60.79	35.26	45.6	25.05	35.68	32.9
Operating Income	26.69	46.91	-5.33	11.66	20.01	12.94
Interest Expense	-0.14	-0.21	-0.1	-0.06	-0.01	-0.08
Interest & Investment Income	0.15	0.16	0.22	0.18	0.18	0.15
Currency Exchange Gain (Loss)	-0.02	-0.01	-0.04	0.09	0.13	-0.59
Other Non Operating Income (Expenses)	0.14	0.12	-0.47	-0.35	-0.58	-0.07
EBT Excluding Unusual Items	26.82	46.97	-5.73	11.51	19.73	12.36
Asset Writedown	-0.28	-0.28	-7.52	-11.82	0.05	0.14
Pretax Income	26.54	46.69	-13.25	-0.31	19.78	12.5
Income Tax Expense	3.89	5.43	-0.78	0.04	1.88	1.97
Earnings From Continuing Operations	22.66	41.26	-12.47	-0.35	17.89	10.53
Minority Interest in Earnings	0.08	0.01	0.21	0.23	0.07	-0.12
Net Income	22.74	41.27	-12.26	-0.13	17.96	10.41
Net Income to Common	22.74	41.27	-12.26	-0.13	17.96	10.41
Net Income Growth	369.88%	-	-	-	72.59%	-38.78%
Shares Outstanding (Basic)	231	231	239	244	244	260
Shares Outstanding (Diluted)	231	231	239	244	244	260
Shares Change (YoY)	-0.01%	-3.56%	-1.70%	-	-6.38%	6.81%
EPS (Basic)	0.10	0.18	-0.05	-0.00	0.07	0.04
EPS (Diluted)	0.10	0.18	-0.05	-0.00	0.07	0.04
EPS Growth	369.91%	-	-	-	84.34%	-42.68%
Free Cash Flow	15.56	6.7	5.35	-8.78	27.15	17.11
Free Cash Flow Per Share	0.07	0.03	0.02	-0.04	0.11	0.07
Dividend Per Share	-	-	-	0.021	0.071	0.044
Dividend Growth	-	-	-	-70.76%	61.36%	-
Gross Margin	46.41%	48.51%	27.74%	24.33%	35.51%	32.28%
Operating Margin	14.16%	27.69%	-3.67%	7.73%	12.76%	9.12%
Profit Margin	12.06%	24.36%	-8.45%	-0.08%	11.45%	7.33%
Free Cash Flow Margin	8.26%	3.95%	3.69%	-5.82%	17.31%	12.05%
EBITDA	34.88	54.57	2.94	19.79	28.09	20.22
EBITDA Margin	18.51%	32.21%	2.02%	13.12%	17.91%	14.24%
D&A For EBITDA	8.19	7.66	8.27	8.13	8.08	7.28
EBIT	26.69	46.91	-5.33	11.66	20.01	12.94
EBIT Margin	14.16%	27.69%	-3.67%	7.73%	12.76%	9.12%
Effective Tax Rate	14.64%	11.63%	-	-	9.52%	15.73%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.