M+S Hydraulic 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
Revenue	152.71	144.82	239.36	221.15	153.22
Revenue Growth (YoY)	5.45%	-39.50%	8.24%	44.33%	46.44%
Cost of Revenue	67.82	62.16	100.3	108.45	69.24
Gross Profit	84.89	82.67	139.06	112.7	83.98
Selling, General & Admin	59.25	56.07	77.08	68.38	52.88
Other Operating Expenses	1.58	3.97	8.4	-5.44	-0.31
Operating Expenses	72.12	71.2	96.37	72.85	62.26
Operating Income	12.77	11.47	42.69	39.85	21.72
Interest Expense	-0.03	-0.01	-0.15	-0.02	-0.01
Interest & Investment Income	0.01	0.02	0.01	0	0
Currency Exchange Gain (Loss)	-0.09	-0.03	-0.09	0.04	0.06
Other Non Operating Income (Expenses)	-0.15	-0.16	-0.25	-0.09	-0.07
Pretax Income	12.51	11.3	42.21	39.78	21.71
Income Tax Expense	2.51	1.94	5.98	4.69	2.26
Earnings From Continuing Operations	10	9.36	36.23	35.09	19.44
Minority Interest in Earnings	-0.46	-0.4	-0.56	-0.24	-0.07
Net Income	9.54	8.96	35.67	34.85	19.38
Net Income to Common	9.54	8.96	35.67	34.85	19.38
Net Income Growth	6.43%	-74.87%	2.35%	79.83%	24.63%
Shares Outstanding (Basic)	39	37	39	39	40
Shares Outstanding (Diluted)	39	37	39	39	40
Shares Change (YoY)	5.59%	-3.67%	-0.98%	-0.99%	-0.80%
EPS (Basic)	0.24	0.24	0.92	0.89	0.49
EPS (Diluted)	0.24	0.24	0.92	0.89	0.49
EPS Growth	0.79%	-73.91%	3.37%	81.63%	25.64%
Free Cash Flow	-3.39	17.08	32.99	18.19	12.65
Free Cash Flow Per Share	-0.09	0.46	0.85	0.47	0.32
Dividend Per Share	-	0.260	0.400	0.400	0.350
Dividend Growth	-	-35.00%	-	14.29%	16.67%
Gross Margin	55.59%	57.08%	58.10%	50.96%	54.81%
Operating Margin	8.36%	7.92%	17.84%	18.02%	14.18%
Profit Margin	6.25%	6.19%	14.90%	15.76%	12.65%
Free Cash Flow Margin	-2.22%	11.79%	13.78%	8.23%	8.26%
EBITDA	24.06	22.63	53.59	49.76	31.42
EBITDA Margin	15.76%	15.62%	22.39%	22.50%	20.51%
D&A For EBITDA	11.29	11.16	10.9	9.91	9.7
EBIT	12.77	11.47	42.69	39.85	21.72
EBIT Margin	8.36%	7.92%	17.84%	18.02%	14.18%
Effective Tax Rate	20.05%	17.17%	14.17%	11.78%	10.43%
Advertising Expenses	-	0.08	0.08	0.11	0.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.