Sirma Group Holding 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	129.42	98.68	80.53	78.52	61.36
Other Revenue	0.97	1.74	0.42	0.04	-
Revenue	130.39	100.42	80.95	78.56	61.36
Revenue Growth (YoY)	29.84%	24.05%	3.04%	28.03%	7.64%
Cost of Revenue	96.47	79.73	63.78	56.12	41.06
Gross Profit	33.91	20.69	17.17	22.44	20.3
Selling, General & Admin	20.19	13.4	12.24	12.37	10.25
Other Operating Expenses	3.19	1.62	1.64	-0.23	-1.52
Operating Expenses	28.01	19.22	17.76	17.84	14.13
Operating Income	5.9	1.48	-0.59	4.61	6.17
Interest Expense	-1.72	-0.1	-0.16	-0.32	-0.2
Interest & Investment Income	-	0.02	0.03	0.57	0.03
Currency Exchange Gain (Loss)	-	0.17	-0.29	0.16	0.62
Other Non Operating Income (Expenses)	0.02	-0.11	-0.44	-1.51	-0.15
EBT Excluding Unusual Items	4.21	1.46	-1.46	3.51	6.46
Gain (Loss) on Sale of Investments	-	-	-	-11.94	0.01
Gain (Loss) on Sale of Assets	-	0	0.02	0.01	0.03
Asset Writedown	-	-	-	-2.79	-
Pretax Income	4.21	1.46	-1.44	-11.21	6.51
Income Tax Expense	0.68	0.23	0.02	-0.38	0.59
Earnings From Continuing Operations	3.53	1.24	-1.46	-10.82	5.93
Minority Interest in Earnings	-1.44	-0.52	-0.38	-0.71	-1.47
Net Income	2.09	0.72	-1.85	-11.53	4.45
Net Income to Common	2.09	0.72	-1.85	-11.53	4.45
Net Income Growth	191.34%	-	-	-	19.84%
Shares Outstanding (Basic)	58	57	58	58	59
Shares Outstanding (Diluted)	58	57	58	58	59
Shares Change (YoY)	0.96%	-1.12%	-0.30%	-1.22%	-
EPS (Basic)	0.04	0.01	-0.03	-0.20	0.08
EPS (Diluted)	0.04	0.01	-0.03	-0.20	0.08
EPS Growth	188.59%	-	-	-	19.84%
Free Cash Flow	7.04	4.97	2.02	7.93	4.46
Free Cash Flow Per Share	0.12	0.09	0.04	0.14	0.08
Dividend Per Share	-	0.020	0.020	0.049	0.024
Dividend Growth	-	-	-59.10%	107.20%	-
Gross Margin	26.01%	20.61%	21.21%	28.57%	33.09%
Operating Margin	4.52%	1.47%	-0.73%	5.86%	10.06%
Profit Margin	1.60%	0.71%	-2.28%	-14.67%	7.25%
Free Cash Flow Margin	5.40%	4.95%	2.50%	10.10%	7.27%
EBITDA	10.53	3.01	0.69	5.94	7.76
EBITDA Margin	8.08%	2.99%	0.85%	7.57%	12.64%
D&A For EBITDA	4.63	1.53	1.28	1.34	1.58
EBIT	5.9	1.48	-0.59	4.61	6.17
EBIT Margin	4.52%	1.47%	-0.73%	5.86%	10.06%
Effective Tax Rate	16.11%	15.47%	-	-	9.01%
Advertising Expenses	-	0.06	0.02	0.03	0.01

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