Varna-Plod Ad 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	Sep '25 Sep 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
Rental Revenue	3.13	3.13	2.7	2.59	2.47	2.41
Other Revenue	0.22	0.08	0.02	0.02	0.03	-
Total Revenue	3.34	3.21	2.72	2.61	2.5	2.41
Revenue Growth (YoY	19.43%	17.73%	4.21%	4.73%	3.40%	-4.89%
Property Expenses	3.48	3.2	2.92	2.62	2.43	1.78
Selling, General & Administrative	2.39	1.51	1.43	1.15	0.97	0.91
Depreciation & Amortization	0.37	0.36	0.37	0.38	0.36	0.36
Other Operating Expenses	0.21	0.13	0.13	0.03	0.14	0.1
Total Operating Expenses	7.22	5.97	5.61	4.52	4.27	3.56
Operating Income	-3.88	-2.76	-2.89	-1.91	-1.78	-1.15
Interest Expense	-0.1	-0.1	-0.1	-0.1	-0.1	-0.11
Interest & Investment Income	0.4	0.4	0.41	0.39	0.36	0.36
Currency Exchange Gain (Loss)	-0	-0	-0	-0	0	0
Other Non-Operating Income	-0.01	-0.01	-0.02	-0.01	0.1	0.15
EBT Excluding Unusual Items	-3.59	-2.47	-2.6	-1.63	-1.42	-0.74
Impairment of Goodwill	-	-	-	-	-	-0.36
Gain (Loss) on Sale of Investments	0.13	0.13	0.06	0.01	-	-
Gain (Loss) on Sale of Assets	-	-	0.01	0	0.01	0.47
Total Insurance Settlements	0.07	0.07	0	0	-	-
Other Unusual Items	0.01	0.01	0.01	0.01	0.12	0.1
Pretax Income	1.17	1.05	0.72	1.29	1.22	1.31
Income Tax Expense	0.13	0.12	0.2	0.17	0.13	0.19
Earnings From Continuing Operations	1.05	0.94	0.53	1.12	1.09	1.13
Minority Interest in Earnings	0.08	0.08	0.12	0.09	0.06	0.01
Net Income	1.12	1.01	0.64	1.22	1.15	1.14
Net Income to Common	1.07	1.01	0.64	1.22	1.15	1.14
Net Income Growth	51.14%	56.83%	-47.00%	5.29%	1.67%	-
Basic Shares Outstanding	0	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0	0
EPS (Basic)	20.38	19.16	12.22	23.05	21.89	21.53
EPS (Diluted)	20.38	19.16	12.22	23.05	21.89	21.53
EPS Growth	35.61%	56.83%	-47.00%	5.29%	1.67%	-
Operating Margin	-115.88%	-86.00%	-106.02%	-72.91%	-71.15%	-47.51%
Profit Margin	32.12%	31.49%	23.64%	46.48%	46.23%	47.02%
EBITDA	1.05	0.91	0.73	1.38	1.07	1.03
EBITDA Margin	13.33%	14.00%	12.22%	24.93%	21.47%	24.24%
D&A For Ebitda	0.37	0.36	0.37	0.38	0.34	0.34
EBIT	0.68	0.56	0.36	1	0.73	0.69
EBIT Margin	8.64%	8.54%	6.04%	18.06%	14.59%	16.19%
Effective Tax Rate	10.73%	10.95%	26.93%	13.23%	10.63%	14.09%

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