Smart Organic AD Income Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	81.58	75.84	56.77	47.48	36.86
Other Revenue	6.58	6.58	-	-	0.01
Revenue	88.16	82.42	56.77	47.48	36.87
Revenue Growth (YoY)	29.95%	45.20%	19.57%	28.77%	-
Cost of Revenue	31.86	30.35	30.26	24.44	19.15
Gross Profit	56.3	52.07	26.51	23.03	17.72
Selling, General & Admin	24.12	21.31	14.58	12.1	9.83
Other Operating Expenses	1.12	1.65	0.38	1.06	0.43
Operating Expenses	27.74	25.36	17.22	15.14	12.01
Operating Income	28.56	26.72	9.29	7.89	5.72
Interest Expense	-0.18	-0.14	-0.08	-0.11	-0.15
Interest & Investment Income	0	0.04	0	0	0.03
Earnings From Equity Investments	-	-	-0.02	-0	0.01
Currency Exchange Gain (Loss)	-0.03	-0.03	-0.03	-0	-0.01
Other Non Operating Income (Expenses)	-0.1	-0.06	-0.09	-0.11	-0.04
EBT Excluding Unusual Items	28.26	26.53	9.08	7.67	5.56
Gain (Loss) on Sale of Assets	-12.76	-12.76	0.01	-	-
Other Unusual Items	-	-	0.03	0	0.01
Pretax Income	15.5	13.77	9.13	7.67	5.56
Income Tax Expense	1.69	1.54	0.96	0.78	0.54
Earnings From Continuing Operations	13.82	12.23	8.17	6.89	5.02
Minority Interest in Earnings	-0	-0.03	0.03	-	-
Net Income	13.81	12.2	8.19	6.89	5.02
Net Income to Common	13.81	12.2	8.19	6.89	5.02
Net Income Growth	24.29%	48.95%	18.91%	37.18%	-
Shares Outstanding (Basic)	10	10	10	4	2
Shares Outstanding (Diluted)	10	10	10	4	2
Shares Change (YoY)	-	-	189.81%	137.16%	-
EPS (Basic)	1.34	1.18	0.79	1.94	3.35
EPS (Diluted)	1.34	1.18	0.79	1.94	3.35
EPS Growth	24.29%	48.95%	-58.97%	-42.16%	-
Free Cash Flow	-6.12	-0.08	-3.55	1.03	4.09
Free Cash Flow Per Share	-0.59	-0.01	-0.34	0.29	2.72
Dividend Per Share	0.220	0.220	0.200	-	-
Dividend Growth	10.00%	10.00%	-	-	-
Gross Margin	63.86%	63.18%	46.70%	48.51%	48.06%
Operating Margin	32.40%	32.41%	16.36%	16.62%	15.50%
Profit Margin	15.67%	14.80%	14.43%	14.51%	13.62%
Free Cash Flow Margin	-6.94%	-0.10%	-6.26%	2.17%	11.08%
EBITDA	31.04	29.3	10.77	9.05	6.68
EBITDA Margin	35.20%	35.55%	18.98%	19.06%	18.11%
D&A For EBITDA	2.47	2.58	1.48	1.16	0.96
EBIT	28.56	26.72	9.29	7.89	5.72
EBIT Margin	32.40%	32.41%	16.36%	16.62%	15.50%
Effective Tax Rate	10.88%	11.17%	10.52%	10.18%	9.72%
Advertising Expenses	-	-	1.05	0.79	0.95

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