BUL: TIB 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	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	128.36	118.36	102.06	76.09	28.41
Other Revenue	0.11	0.08	0.13	1.78	-
Revenue	128.47	118.44	102.2	77.87	28.41
Revenue Growth (YoY)	11.61%	15.89%	31.24%	174.06%	-
Cost of Revenue	13.12	9.93	7.48	3.94	1.3
Gross Profit	115.35	108.5	94.72	73.93	27.11
Selling, General & Admin	66.72	58.62	46.25	33.84	11.86
Other Operating Expenses	27.65	25.09	21.54	16.59	7.1
Operating Expenses	96.38	85.44	68.99	51.08	19.16
Operating Income	18.97	23.06	25.73	22.85	7.95
Interest Expense	-0.11	-0.11	-	-	-
Interest & Investment Income	0.1	0.16	0.01	0.21	0.18
Currency Exchange Gain (Loss)	-0.16	0.04	-0.02	-0.03	-0
Other Non Operating Income (Expenses)	0.95	0.32	0.1	-	-
Pretax Income	19.75	23.47	25.81	23.03	8.13
Income Tax Expense	2.27	2.52	2.69	2.38	0.75
Net Income	17.48	20.95	23.12	20.65	7.38
Net Income to Common	17.48	20.95	23.12	20.65	7.38
Net Income Growth	-24.01%	-9.39%	11.97%	179.67%	-
Shares Outstanding (Basic)	13	13	9	12	-
Shares Outstanding (Diluted)	13	13	9	12	-
Shares Change (YoY)	-0.04%	50.93%	-28.44%	-	-
EPS (Basic)	1.35	1.62	2.69	1.72	-
EPS (Diluted)	1.35	1.62	2.69	1.72	-
EPS Growth	-23.98%	-39.97%	56.47%	-	-
Free Cash Flow	15.14	21.03	23.87	14.16	10.88
Free Cash Flow Per Share	1.17	1.62	2.78	1.18	-
Dividend Per Share	0.390	0.390	-	-	0.543
Gross Margin	89.79%	91.61%	92.68%	94.94%	95.42%
Operating Margin	14.77%	19.47%	25.17%	29.35%	27.98%
Profit Margin	13.61%	17.69%	22.63%	26.52%	25.99%
Free Cash Flow Margin	11.79%	17.75%	23.36%	18.19%	38.29%
EBITDA	20.2	24.36	26.92	23.42	8.04
EBITDA Margin	15.72%	20.57%	26.34%	30.08%	28.28%
D&A For EBITDA	1.23	1.3	1.19	0.57	0.09
EBIT	18.97	23.06	25.73	22.85	7.95
EBIT Margin	14.77%	19.47%	25.17%	29.35%	27.98%
Effective Tax Rate	11.51%	10.72%	10.42%	10.33%	9.16%
Advertising Expenses	-	22.51	17.35	14.63	5.07

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