Synthetica 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	25.89	22.64	37.48	34.41	16.26
Revenue Growth (YoY)	14.33%	-39.59%	8.93%	111.67%	40.06%
Cost of Revenue	20.61	19.18	29.91	27.92	15.85
Gross Profit	5.28	3.47	7.57	6.49	0.41
Selling, General & Admin	0.59	0.79	0.63	-0.47	0.38
Other Operating Expenses	-	0.3	0.3	0.3	-
Operating Expenses	1.14	1.67	1.62	0.86	1.01
Operating Income	4.14	1.8	5.96	5.64	-0.6
Interest Expense	-5.9	-4.75	-4.74	-4.85	-1.78
Interest & Investment Income	2.27	3.38	2.24	0.08	0.05
Earnings From Equity Investments	-2.85	-3.56	4.25	-0.69	-
Currency Exchange Gain (Loss)	-0.01	-0.02	-0.02	-0.01	-0
Other Non Operating Income (Expenses)	0.15	0.42	0.11	1.25	0.66
EBT Excluding Unusual Items	-2.19	-2.72	7.81	1.41	-1.67
Gain (Loss) on Sale of Investments	6.92	6.36	9.16	-4.56	0.08
Pretax Income	4.73	3.65	16.96	-3.15	-1.6
Income Tax Expense	0.12	0.42	0.28	0.04	0.05
Earnings From Continuing Operations	4.61	3.23	16.69	-3.19	-1.64
Net Income to Company	4.61	3.23	16.69	-3.19	-1.64
Minority Interest in Earnings	-0.28	-0.02	0.05	1.52	1.72
Net Income	4.34	3.21	16.74	-1.67	0.08
Net Income to Common	4.34	3.21	16.74	-1.67	0.08
Net Income Growth	34.98%	-80.81%	-	-	-92.63%
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
EPS (Basic)	1.45	1.07	5.58	-0.56	0.03
EPS (Diluted)	1.45	1.07	5.58	-0.56	0.03
EPS Growth	34.98%	-80.81%	-	-	-92.63%
Free Cash Flow	3.42	4.72	51.11	4.37	3.15
Free Cash Flow Per Share	1.14	1.57	17.04	1.46	1.05
Gross Margin	20.41%	15.30%	20.21%	18.87%	2.52%
Operating Margin	16.01%	7.95%	15.90%	16.38%	-3.69%
Profit Margin	16.75%	14.19%	44.66%	-4.84%	0.47%
Free Cash Flow Margin	13.21%	20.82%	136.34%	12.71%	19.38%
EBITDA	4.69	2.37	6.62	6.65	0.03
EBITDA Margin	18.11%	10.48%	17.65%	19.33%	0.21%
D&A For EBITDA	0.54	0.57	0.66	1.02	0.63
EBIT	4.14	1.8	5.96	5.64	-0.6
EBIT Margin	16.01%	7.95%	15.90%	16.38%	-3.69%
Effective Tax Rate	2.49%	11.44%	1.63%	-	-

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