BUL:TIB Income Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	135.48	133.76	118.36	102.06	76.09	28.41
Other Revenue	0.1	0.05	0.08	0.13	1.78	-
Revenue	135.58	133.81	118.44	102.2	77.87	28.41
Revenue Growth (YoY)	12.76%	12.98%	15.89%	31.24%	174.06%	-
Cost of Revenue	16.58	15.06	9.93	7.48	3.94	1.3
Gross Profit	119.01	118.75	108.5	94.72	73.93	27.11
Selling, General & Admin	66.31	66.44	58.62	46.25	33.84	11.86
Other Operating Expenses	30.28	29.93	25.09	21.54	16.59	7.1
Operating Expenses	98.93	98.44	85.44	68.99	51.08	19.16
Operating Income	20.08	20.32	23.06	25.73	22.85	7.95
Interest Expense	-0.12	-0.12	-0.11	-	-0.04	-
Interest & Investment Income	0.1	0.09	0.16	0.01	0.21	0.18
Earnings From Equity Investments	-0.01	-0.01	-	-	-	-
Currency Exchange Gain (Loss)	-0.13	-0.09	0.04	-0.02	-	-0
Other Non Operating Income (Expenses)	0.53	0.74	0.32	0.1	-	-
Pretax Income	20.44	20.93	23.47	25.81	23.03	8.13
Income Tax Expense	2.3	2.35	2.52	2.69	2.38	0.75
Net Income	18.15	18.58	20.95	23.12	20.65	7.38
Net Income to Common	18.15	18.58	20.95	23.12	20.65	7.38
Net Income Growth	-1.79%	-11.33%	-9.39%	11.97%	179.67%	-
Shares Outstanding (Basic)	13	13	13	9	12	-
Shares Outstanding (Diluted)	13	13	13	9	12	-
Shares Change (YoY)	-0.18%	-0.10%	50.93%	-28.44%	-	-
EPS (Basic)	1.40	1.43	1.62	2.69	1.72	-
EPS (Diluted)	1.40	1.43	1.62	2.69	1.72	-
EPS Growth	-1.61%	-11.24%	-39.97%	56.47%	-	-
Free Cash Flow	12.25	14.57	21.03	23.87	14.16	10.88
Free Cash Flow Per Share	0.95	1.13	1.62	2.78	1.18	-
Dividend Per Share	-	-	1.570	-	0.783	-
Gross Margin	87.78%	88.75%	91.61%	92.68%	94.94%	95.43%
Operating Margin	14.81%	15.18%	19.47%	25.17%	29.35%	27.98%
Profit Margin	13.38%	13.88%	17.69%	22.63%	26.52%	25.99%
Free Cash Flow Margin	9.03%	10.89%	17.76%	23.36%	18.19%	38.29%
EBITDA	21.79	21.89	24.36	26.92	23.5	8.04
EBITDA Margin	16.07%	16.36%	20.57%	26.34%	30.18%	28.28%
D&A For EBITDA	1.71	1.58	1.3	1.19	0.65	0.09
EBIT	20.08	20.32	23.06	25.73	22.85	7.95
EBIT Margin	14.81%	15.18%	19.47%	25.17%	29.35%	27.98%
Effective Tax Rate	11.24%	11.23%	10.72%	10.42%	10.33%	9.16%
Advertising Expenses	-	25.68	22.51	17.35	14.63	5.07

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.