Industrial Holding Bulgaria AD (BUL:IHB)

BUL:IHB 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	116.97	123.21	119.28	145.75	130.76	88.85
Other Revenue	1.54	1.54	1.89	2.04	1.25	0.64
Revenue	118.51	124.75	121.17	147.79	132.01	89.49
Revenue Growth (YoY)	0.26%	2.96%	-18.01%	11.95%	47.51%	-22.68%
Cost of Revenue	28.1	31.1	33.41	37.63	30.15	27.31
Gross Profit	90.41	93.65	87.76	110.16	101.86	62.18
Selling, General & Admin	62.26	62.89	59.11	57.36	49.57	44.66
Other Operating Expenses	3.18	2.98	4.48	-0.64	1.33	2.01
Operating Expenses	78.93	79.09	77.38	70.73	63.68	60.46
Operating Income	11.48	14.56	10.38	39.44	38.18	1.72
Interest Expense	-0.21	-0.17	-0.13	-0.07	-0.82	-1.38
Interest & Investment Income	0.95	1.8	1.56	0.29	0.08	-
Currency Exchange Gain (Loss)	-2.48	2.33	-1.66	0.37	5.28	-2.21
Other Non Operating Income (Expenses)	-0.19	-0.18	-0.14	-0.15	-0.16	-0.17
EBT Excluding Unusual Items	9.54	18.34	10	39.88	42.55	-2.04
Impairment of Goodwill	-	-	-	-4.8	-	-
Gain (Loss) on Sale of Investments	0.82	0.82	-	-	-	-
Gain (Loss) on Sale of Assets	0.04	0.09	0.04	-0.03	-0.3	0.68
Asset Writedown	0.36	0.12	-2.57	-9.79	-0.56	-8.65
Legal Settlements	-0.1	-0.13	-0.14	-0.34	-0.88	-3.75
Other Unusual Items	0.25	0.25	0.04	-	3.33	2.9
Pretax Income	11.3	19.88	7.4	25.04	44.15	-10.39
Income Tax Expense	1.87	2.06	1.21	1.49	0.78	1.18
Earnings From Continuing Operations	9.43	17.82	6.19	23.55	43.36	-11.56
Net Income to Company	9.43	17.82	6.19	23.55	43.36	-11.56
Minority Interest in Earnings	-0.19	-0.19	-0.25	-0.48	-0.38	-0.44
Net Income	9.24	17.64	5.94	23.07	42.98	-12
Net Income to Common	9.24	17.64	5.94	23.07	42.98	-12
Net Income Growth	140.63%	196.87%	-74.25%	-46.32%	-	-
Shares Outstanding (Basic)	97	97	97	97	97	99
Shares Outstanding (Diluted)	97	97	97	97	97	99
Shares Change (YoY)	-	-	-	-0.61%	-2.04%	-2.94%
EPS (Basic)	0.10	0.18	0.06	0.24	0.44	-0.12
EPS (Diluted)	0.10	0.18	0.06	0.24	0.44	-0.12
EPS Growth	140.62%	196.87%	-74.25%	-46.00%	-	-
Free Cash Flow	-35.09	-32.75	2.01	26.44	40.36	11.55
Free Cash Flow Per Share	-0.36	-0.34	0.02	0.27	0.41	0.12
Gross Margin	76.29%	75.07%	72.43%	74.54%	77.16%	69.48%
Operating Margin	9.68%	11.67%	8.57%	26.68%	28.92%	1.92%
Profit Margin	7.80%	14.14%	4.90%	15.61%	32.56%	-13.41%
Free Cash Flow Margin	-29.61%	-26.25%	1.66%	17.89%	30.57%	12.90%
EBITDA	24.51	27.47	23.85	53.15	50.66	15.16
EBITDA Margin	20.68%	22.02%	19.68%	35.96%	38.38%	16.94%
D&A For EBITDA	13.03	12.91	13.47	13.72	12.48	13.44
EBIT	11.48	14.56	10.38	39.44	38.18	1.72
EBIT Margin	9.68%	11.67%	8.57%	26.68%	28.92%	1.92%
Effective Tax Rate	16.56%	10.34%	16.39%	5.94%	1.78%	-
Revenue as Reported	119.62	126.55	122.12	152.05	136.31	94.26

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