Holding Nov Vek AD Income Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	26.04	24.55	30.45	30.72	24.23
Other Revenue	8.1	5.98	5.44	7.52	1.26
Revenue	34.14	30.52	35.89	38.24	25.49
Revenue Growth (YoY)	11.84%	-14.95%	-6.14%	50.04%	-25.51%
Cost of Revenue	16.88	15.33	19.04	19.61	12.83
Gross Profit	17.26	15.2	16.86	18.63	12.66
Selling, General & Admin	13.72	14.47	14.58	12.41	10.77
Other Operating Expenses	2.65	1.65	2.48	3.09	-0.06
Operating Expenses	18.58	18.1	18.88	18.31	13.38
Operating Income	-1.32	-2.91	-2.02	0.32	-0.73
Interest Expense	-3.53	-4.03	-3.71	-2.47	-3.07
Interest & Investment Income	0.85	1.02	1.39	1.39	0.42
Currency Exchange Gain (Loss)	-	-0	-0	-0	-
Other Non Operating Income (Expenses)	-0.25	1.2	0.05	1.1	0.49
EBT Excluding Unusual Items	-4.26	-4.72	-4.29	0.33	-2.89
Gain (Loss) on Sale of Assets	-0	0	2.48	5.02	0.13
Asset Writedown	-0.1	-0.11	2.1	0.05	2.2
Pretax Income	-4.37	-4.83	0.29	5.4	-0.57
Income Tax Expense	0.18	0.29	0.16	0.12	0.23
Earnings From Continuing Operations	-4.55	-5.11	0.13	5.28	-0.79
Minority Interest in Earnings	0.75	0.73	-0.25	-0.25	0.05
Net Income	-3.8	-4.38	-0.13	5.03	-0.74
Net Income to Common	-3.8	-4.38	-0.13	5.03	-0.74
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
Shares Change (YoY)	-	-12.34%	14.07%	-	12.07%
EPS (Basic)	-0.68	-0.78	-0.02	0.90	-0.13
EPS (Diluted)	-0.68	-0.78	-0.02	0.90	-0.13
Free Cash Flow	3.83	-4.6	-4.72	-5.99	5.6
Free Cash Flow Per Share	0.68	-0.82	-0.74	-1.07	1.00
Gross Margin	50.54%	49.78%	46.96%	48.72%	49.66%
Operating Margin	-3.88%	-9.53%	-5.63%	0.84%	-2.86%
Profit Margin	-11.12%	-14.36%	-0.36%	13.15%	-2.90%
Free Cash Flow Margin	11.22%	-15.06%	-13.16%	-15.68%	21.97%
EBITDA	0.71	-1	-0.26	2.02	1.05
EBITDA Margin	2.07%	-3.28%	-0.71%	5.27%	4.13%
D&A For EBITDA	2.03	1.91	1.77	1.69	1.78
EBIT	-1.32	-2.91	-2.02	0.32	-0.73
EBIT Margin	-3.88%	-9.53%	-5.63%	0.84%	-2.86%
Effective Tax Rate	-	-	56.60%	2.24%	-

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