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	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	124	118.36	102.06	76.09	28.41
Other Revenue	0.03	0.08	0.13	1.78	-
Revenue	124.02	118.44	102.2	77.87	28.41
Revenue Growth (YoY)	10.85%	15.89%	31.24%	174.06%	-
Cost of Revenue	11.89	9.93	7.48	3.94	1.3
Gross Profit	112.14	108.5	94.72	73.93	27.11
Selling, General & Admin	64.18	58.62	46.25	33.84	11.86
Other Operating Expenses	26.56	25.09	21.54	16.59	7.1
Operating Expenses	92.66	85.44	68.99	51.08	19.16
Operating Income	19.48	23.06	25.73	22.85	7.95
Interest Expense	-0.1	-0.11	-	-	-
Interest & Investment Income	0.09	0.16	0.01	0.21	0.18
Currency Exchange Gain (Loss)	0.06	0.04	-0.02	-0.03	-0
Other Non Operating Income (Expenses)	0.94	0.32	0.1	-	-
Pretax Income	20.47	23.47	25.81	23.03	8.13
Income Tax Expense	2.32	2.52	2.69	2.38	0.75
Net Income	18.15	20.95	23.12	20.65	7.38
Net Income to Common	18.15	20.95	23.12	20.65	7.38
Net Income Growth	-25.28%	-9.39%	11.97%	179.67%	-
Shares Outstanding (Basic)	13	13	9	12	-
Shares Outstanding (Diluted)	13	13	9	12	-
Shares Change (YoY)	48.82%	50.93%	-28.44%	-	-
EPS (Basic)	1.40	1.62	2.69	1.72	-
EPS (Diluted)	1.40	1.62	2.69	1.72	-
EPS Growth	-49.79%	-39.97%	56.47%	-	-
Free Cash Flow	17.75	21.03	23.87	14.16	10.88
Free Cash Flow Per Share	1.37	1.62	2.78	1.18	-
Dividend Per Share	0.390	0.390	-	-	0.543
Gross Margin	90.42%	91.61%	92.68%	94.94%	95.42%
Operating Margin	15.71%	19.47%	25.17%	29.35%	27.98%
Profit Margin	14.63%	17.69%	22.63%	26.52%	25.99%
Free Cash Flow Margin	14.31%	17.75%	23.36%	18.19%	38.29%
EBITDA	20.75	24.36	26.92	23.42	8.04
EBITDA Margin	16.73%	20.57%	26.34%	30.08%	28.28%
D&A For EBITDA	1.27	1.3	1.19	0.57	0.09
EBIT	19.48	23.06	25.73	22.85	7.95
EBIT Margin	15.71%	19.47%	25.17%	29.35%	27.98%
Effective Tax Rate	11.34%	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.