Holding Varna AD (BUL:HVAR)
Bulgaria · Delayed Price · Currency is BGN · Price in EUR 26.00
+0.20 (0.78%)
At close: Aug 17, 2026
Holding Varna AD Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 54.39 | 52.92 | 43.7 | 43.39 | 36.95 | 32.05 |
Other Revenue | - | - | - | - | 0.12 | - |
| 54.39 | 52.92 | 43.7 | 43.39 | 37.07 | 32.05 | |
Revenue Growth | 100.17% | 21.10% | 0.70% | 17.06% | 15.68% | 30.90% |
Cost of Revenue | 28.18 | 27.42 | 24.19 | 25.41 | 23.79 | 18.04 |
Gross Profit | 26.21 | 25.5 | 19.51 | 17.99 | 13.28 | 14.01 |
Selling, General & Admin | 15.3 | 14.88 | 12.86 | 10.82 | 10.17 | 9.09 |
Other Operating Expenses | 1.01 | 0.91 | 0.22 | 0.79 | -1.33 | -1.29 |
Operating Expenses | 19.06 | 18.84 | 15.83 | 15.03 | 12.09 | 11.87 |
Operating Income | 7.15 | 6.66 | 3.67 | 2.96 | 1.18 | 2.14 |
Interest Expense | -3.62 | -3.57 | -4.4 | -4.18 | -2.94 | -3.18 |
Interest & Investment Income | 0.29 | 0.47 | 0.66 | 0.65 | 0.64 | 0.81 |
Earnings From Equity Investments | 0.16 | 0.15 | 0.06 | -0.56 | -0.32 | -0.04 |
Currency Exchange Gain (Loss) | 0.03 | 0.02 | -0.07 | 0 | -0.04 | -0.03 |
Other Non Operating Income (Expenses) | -0.37 | -0.25 | -0.2 | 0.36 | -0.12 | -0.31 |
EBT Excluding Unusual Items | 3.63 | 3.49 | -0.27 | -0.76 | -1.6 | -0.61 |
Impairment of Goodwill | - | - | -0.16 | - | - | - |
Gain (Loss) on Sale of Investments | 1.16 | 0.97 | 1.57 | 1.64 | 0.57 | 1.25 |
Gain (Loss) on Sale of Assets | 0.01 | 0.01 | -0.24 | 0.05 | 0.02 | 0.89 |
Asset Writedown | 2.54 | 2.47 | 0.19 | -0.45 | 1.79 | -0.16 |
Other Unusual Items | 0.04 | 0.04 | 0.16 | 0.09 | 0.02 | 0.11 |
Pretax Income | 7.38 | 6.98 | 1.25 | 0.57 | 0.8 | 1.48 |
Income Tax Expense | 1.11 | 1.03 | 0.13 | 0.44 | 0.16 | 0.25 |
Earnings From Continuing Operations | 6.27 | 5.95 | 1.13 | 0.13 | 0.64 | 1.23 |
Minority Interest in Earnings | -1.16 | -1.13 | -0.26 | 0.43 | 0.61 | -0.31 |
Net Income | 5.11 | 4.82 | 0.86 | 0.56 | 1.25 | 0.92 |
Net Income to Common | 5.11 | 4.82 | 0.86 | 0.56 | 1.25 | 0.92 |
Net Income Growth | 24.91% | 457.46% | 54.18% | -55.05% | 36.32% | - |
Shares Outstanding (Basic) | 6 | 6 | 6 | 6 | 6 | 6 |
Shares Outstanding (Diluted) | 6 | 6 | 6 | 6 | 6 | 6 |
Shares Change | - | - | - | - | - | 0.20% |
EPS (Basic) | 0.79 | 0.74 | 0.13 | 0.09 | 0.19 | 0.14 |
EPS (Diluted) | 0.79 | 0.74 | 0.13 | 0.09 | 0.19 | 0.14 |
EPS Growth | 24.91% | 457.46% | 54.18% | -55.05% | 36.32% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -9.49 | -10.38 | 19.57 | 1.38 | -1.2 | -1.99 |
Free Cash Flow Per Share | -1.46 | -1.60 | 3.02 | 0.21 | -0.18 | -0.31 |
Gross Margin | 48.19% | 48.19% | 44.64% | 41.45% | 35.82% | 43.71% |
Operating Margin | 13.15% | 12.58% | 8.40% | 6.83% | 3.19% | 6.67% |
Profit Margin | 9.39% | 9.11% | 1.98% | 1.29% | 3.37% | 2.86% |
Free Cash Flow Margin | -17.46% | -19.61% | 44.77% | 3.19% | -3.24% | -6.20% |
EBITDA | 10.01 | 9.42 | 6.42 | 5.61 | 3.79 | 4.76 |
EBITDA Margin | 18.40% | 17.81% | 14.70% | 12.92% | 10.23% | 14.86% |
D&A For EBITDA | 2.85 | 2.76 | 2.75 | 2.64 | 2.61 | 2.63 |
EBIT | 7.15 | 6.66 | 3.67 | 2.96 | 1.18 | 2.14 |
EBIT Margin | 13.15% | 12.58% | 8.40% | 6.83% | 3.19% | 6.67% |
Effective Tax Rate | 15.03% | 14.71% | 10.13% | 76.80% | 19.64% | 17.02% |
Advertising Expenses | - | 4.97 | 4.23 | 2.45 | - | 1.79 |