Lavena 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	26.03	25.65	23.7	20.84	18.19
Other Revenue	-0.11	-0.04	-0.05	-0.01	-0.03
Revenue	25.92	25.61	23.66	20.83	18.16
Revenue Growth (YoY)	1.21%	8.28%	13.57%	14.68%	-6.02%
Cost of Revenue	12.31	12.33	11.74	10.9	9.35
Gross Profit	13.62	13.28	11.91	9.93	8.81
Selling, General & Admin	9.46	8.55	7.76	6.76	5.68
Other Operating Expenses	0.26	0.19	0.16	-0.06	0.1
Operating Expenses	11.3	10.92	10.06	8.71	7.32
Operating Income	2.32	2.36	1.86	1.21	1.49
Interest Expense	-0.05	-0.09	-0.17	-0.13	-0.16
Currency Exchange Gain (Loss)	-0.03	0	-0.01	-0.01	0
Other Non Operating Income (Expenses)	0.23	0.16	0.17	0.18	0.19
EBT Excluding Unusual Items	2.46	2.43	1.85	1.25	1.52
Gain (Loss) on Sale of Investments	-	-	-	-0.01	-
Asset Writedown	-0.02	-	-	-	-
Pretax Income	2.44	2.43	1.85	1.25	1.52
Income Tax Expense	0.25	0.25	0.2	0.2	0.18
Net Income	2.19	2.18	1.65	1.05	1.34
Net Income to Common	2.19	2.18	1.65	1.05	1.34
Net Income Growth	0.46%	31.86%	57.52%	-21.35%	-39.87%
Shares Outstanding (Basic)	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10
Shares Change (YoY)	-0.05%	-	-	-	-
EPS (Basic)	0.22	0.22	0.17	0.11	0.13
EPS (Diluted)	0.22	0.22	0.17	0.11	0.13
EPS Growth	0.51%	31.86%	57.52%	-21.35%	-39.87%
Free Cash Flow	1.92	2.63	3.21	-2.41	2.4
Free Cash Flow Per Share	0.19	0.27	0.32	-0.24	0.24
Dividend Per Share	-	0.080	0.030	0.020	0.020
Dividend Growth	-	166.67%	50.00%	-	-33.33%
Gross Margin	52.52%	51.86%	50.36%	47.65%	48.52%
Operating Margin	8.94%	9.21%	7.85%	5.82%	8.21%
Profit Margin	8.45%	8.52%	6.99%	5.04%	7.35%
Free Cash Flow Margin	7.42%	10.26%	13.57%	-11.58%	13.20%
EBITDA	3.9	4.42	3.71	2.99	2.83
EBITDA Margin	15.04%	17.24%	15.68%	14.37%	15.57%
D&A For EBITDA	1.58	2.06	1.85	1.78	1.34
EBIT	2.32	2.36	1.86	1.21	1.49
EBIT Margin	8.94%	9.21%	7.85%	5.82%	8.21%
Effective Tax Rate	10.21%	10.28%	10.64%	15.66%	12.00%
Revenue as Reported	26.3	-	-	-	-
Advertising Expenses	-	0.11	0.1	0.08	0.07

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