Varna-Plod Ad Income Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	9.69	3.13	2.7	2.59	2.47
Other Revenue	0.55	0.08	0.02	0.02	0.03
Total Revenue	10.24	3.21	2.72	2.61	2.5
Revenue Growth (YoY	219.36%	17.73%	4.21%	4.73%	3.40%
Property Expenses	3.22	3.2	2.92	2.62	2.43
Selling, General & Administrative	4.52	1.51	1.43	1.15	0.97
Depreciation & Amortization	0.37	0.36	0.37	0.38	0.36
Other Operating Expenses	0.28	0.13	0.13	0.03	0.14
Total Operating Expenses	8.4	5.97	5.61	4.52	4.27
Operating Income	1.84	-2.76	-2.89	-1.91	-1.78
Interest Expense	-0.13	-0.1	-0.1	-0.1	-0.1
Interest & Investment Income	0.4	0.4	0.41	0.39	0.36
Currency Exchange Gain (Loss)	-	-0	-0	-0	0
Other Non-Operating Income	-	-0.01	-0.02	-0.01	0.1
EBT Excluding Unusual Items	2.11	-2.47	-2.6	-1.63	-1.42
Gain (Loss) on Sale of Investments	-	0.13	0.06	0.01	-
Gain (Loss) on Sale of Assets	-	-	0.01	0	0.01
Total Insurance Settlements	-	0.07	0	0	-
Other Unusual Items	-	0.01	0.01	0.01	0.12
Pretax Income	2.11	1.05	0.72	1.29	1.22
Income Tax Expense	0.22	0.12	0.2	0.17	0.13
Earnings From Continuing Operations	1.89	0.94	0.53	1.12	1.09
Minority Interest in Earnings	0.03	0.08	0.12	0.09	0.06
Net Income	1.91	1.01	0.64	1.22	1.15
Net Income to Common	1.91	1.01	0.64	1.22	1.15
Net Income Growth	89.21%	56.83%	-47.00%	5.29%	1.67%
Basic Shares Outstanding	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0
Shares Change (YoY)	-0.01%	-	-	-	-
EPS (Basic)	36.26	19.16	12.22	23.05	21.89
EPS (Diluted)	36.26	19.16	12.22	23.05	21.89
EPS Growth	89.23%	56.83%	-47.00%	5.29%	1.67%
Operating Margin	17.98%	-86.00%	-106.02%	-72.91%	-71.15%
Profit Margin	18.66%	31.49%	23.64%	46.48%	46.23%
EBITDA	2.22	0.91	0.73	1.38	1.07
EBITDA Margin	21.63%	14.00%	12.22%	24.93%	21.47%
D&A For Ebitda	0.37	0.36	0.37	0.38	0.34
EBIT	1.84	0.56	0.36	1	0.73
EBIT Margin	17.98%	8.54%	6.04%	18.06%	14.59%
Effective Tax Rate	10.53%	10.95%	26.93%	13.23%	10.63%

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