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	Jun '25 Jun 30, 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	137.08	133.76	118.36	102.06	76.09	28.41
Other Revenue	0.1	0.05	0.08	0.13	1.78	-
Revenue	137.17	133.81	118.44	102.2	77.87	28.41
Revenue Growth (YoY)	10.60%	12.98%	15.89%	31.24%	174.06%	-
Cost of Revenue	18.14	15.06	9.93	7.48	3.94	1.3
Gross Profit	119.03	118.75	108.5	94.72	73.93	27.11
Selling, General & Admin	67.08	66.44	58.62	46.25	33.84	11.86
Amortization of Goodwill & Intangibles	-	-	-	-	0.65	-
Other Operating Expenses	30.46	29.93	25.09	21.54	16.59	7.1
Operating Expenses	100.18	98.44	85.44	68.99	51.08	19.16
Operating Income	18.85	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)	-0.23	-0.09	0.04	-0.02	-	-0
Other Non Operating Income (Expenses)	0.37	0.74	0.32	0.1	-	-
Pretax Income	18.96	20.93	23.47	25.81	23.03	8.13
Income Tax Expense	2.16	2.35	2.52	2.69	2.38	0.75
Net Income	16.8	18.58	20.95	23.12	20.65	7.38
Net Income to Common	16.8	18.58	20.95	23.12	20.65	7.38
Net Income Growth	-7.43%	-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)	-0.38%	-0.10%	50.93%	-28.44%	-	-
EPS (Basic)	1.30	1.43	1.62	2.69	1.72	-
EPS (Diluted)	1.30	1.43	1.62	2.69	1.72	-
EPS Growth	-7.09%	-11.24%	-39.97%	56.47%	-	-
Free Cash Flow	11.25	14.57	21.03	23.87	14.16	10.88
Free Cash Flow Per Share	0.87	1.13	1.62	2.78	1.18	-
Dividend Per Share	-	-	1.570	-	0.783	-
Gross Margin	86.78%	88.75%	91.61%	92.68%	94.94%	95.43%
Operating Margin	13.74%	15.18%	19.47%	25.17%	29.35%	27.98%
Profit Margin	12.25%	13.88%	17.69%	22.63%	26.52%	25.99%
Free Cash Flow Margin	8.20%	10.89%	17.76%	23.36%	18.19%	38.29%
EBITDA	20.73	21.89	24.36	26.92	23.5	8.04
EBITDA Margin	15.11%	16.36%	20.57%	26.34%	30.18%	28.28%
D&A For EBITDA	1.88	1.58	1.3	1.19	0.65	0.09
EBIT	18.85	20.32	23.06	25.73	22.85	7.95
EBIT Margin	13.74%	15.18%	19.47%	25.17%	29.35%	27.98%
Effective Tax Rate	11.39%	11.23%	10.72%	10.42%	10.33%	9.16%
Advertising Expenses	-	25.68	22.51	17.35	14.63	5.07

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.