Korado-Bulgaria AD (BUL: KBG)

Korado-Bulgaria AD Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	37.8	39.27	55.13	56.72	39.29	42.28
Other Revenue	0.59	0.34	0.38	2.16	0.25	0.25
Revenue	38.4	39.62	55.52	58.88	39.54	42.53
Revenue Growth (YoY)	-8.37%	-28.64%	-5.72%	48.94%	-7.04%	-3.42%
Cost of Revenue	23.43	26.35	42.17	41.25	25.43	28.35
Gross Profit	14.97	13.27	13.35	17.63	14.11	14.18
Selling, General & Admin	7.74	7.16	8.06	8.24	6.98	7.2
Other Operating Expenses	1.33	1	1.16	3.1	0.82	1.02
Operating Expenses	10.17	9.24	10.28	12.42	8.91	9.33
Operating Income	4.81	4.02	3.07	5.21	5.2	4.85
Interest Expense	-0.08	-0.18	-0.09	-0.07	-0.07	-0.07
Interest & Investment Income	0.01	0.15	1.92	0.17	-	-
Currency Exchange Gain (Loss)	-0	-0	-0	-0	-0	-0.04
Other Non Operating Income (Expenses)	-0.02	-0.02	-0.02	-0.02	-0.02	-0.01
EBT Excluding Unusual Items	4.71	3.97	4.87	5.29	5.11	4.74
Gain (Loss) on Sale of Assets	-	-	-	-	-0	-
Pretax Income	4.71	3.97	4.87	5.29	5.1	4.74
Income Tax Expense	0.57	0.4	0.49	0.53	0.51	0.48
Net Income	4.15	3.57	4.38	4.76	4.59	4.26
Net Income to Common	4.15	3.57	4.38	4.76	4.59	4.26
Net Income Growth	59.89%	-18.55%	-7.92%	3.66%	7.72%	-18.88%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	1.77%	-	-	-	-	-
EPS (Basic)	0.31	0.27	0.33	0.36	0.35	0.32
EPS (Diluted)	0.31	0.27	0.33	0.36	0.35	0.32
EPS Growth	57.11%	-18.55%	-7.92%	3.66%	7.72%	-18.88%
Free Cash Flow	3.21	2.25	0.99	1.47	4.61	5.5
Free Cash Flow Per Share	0.24	0.17	0.07	0.11	0.35	0.42
Dividend Per Share	0.190	0.190	0.200	0.290	0.290	0.290
Dividend Growth	90.00%	-5.00%	-31.03%	0%	0%	0%
Gross Margin	38.99%	33.49%	24.04%	29.95%	35.68%	33.35%
Operating Margin	12.52%	10.16%	5.53%	8.85%	13.14%	11.41%
Profit Margin	10.80%	9.01%	7.89%	8.08%	11.61%	10.02%
Free Cash Flow Margin	8.37%	5.67%	1.78%	2.49%	11.66%	12.92%
EBITDA	5.85	5.03	4.08	6.25	6.27	5.95
EBITDA Margin	15.22%	12.69%	7.35%	10.61%	15.87%	13.99%
D&A For EBITDA	1.04	1.01	1.01	1.04	1.08	1.1
EBIT	4.81	4.02	3.07	5.21	5.2	4.85
EBIT Margin	12.52%	10.16%	5.53%	8.85%	13.14%	11.41%
Effective Tax Rate	12.05%	10.15%	10.06%	10.05%	10.05%	10.07%
Advertising Expenses	-	0.04	0.05	0.05	0.05	0.07

Source: S&P Capital IQ. Standard template. Financial Sources.