Web Media Group 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
Operating Revenue	2.82	2.61	2.96	2.29	1.8
Other Revenue	-	0.09	0.02	-	0.01
Revenue	2.82	2.7	2.98	2.29	1.81
Revenue Growth (YoY)	4.37%	-9.39%	30.50%	26.24%	75.90%
Cost of Revenue	1.69	1.79	1.32	0.93	0.86
Gross Profit	1.13	0.91	1.67	1.36	0.95
Selling, General & Admin	1.1	0.62	0.96	0.95	0.53
Other Operating Expenses	-2.76	0.04	0.07	0.04	0.01
Operating Expenses	-0.92	1.14	2.19	1.92	1.19
Operating Income	2.05	-0.23	-0.52	-0.57	-0.24
Interest Expense	-0.74	-0.44	-0.57	-0.74	-0.89
Interest & Investment Income	0.45	0.37	0.31	0.29	0.36
Earnings From Equity Investments	-	-	-0	-	-
Currency Exchange Gain (Loss)	-0	-	-	-0	-
Other Non Operating Income (Expenses)	-0.03	-0.03	-0.01	-0.01	-0.4
EBT Excluding Unusual Items	1.72	-0.32	-0.8	-1.03	-1.17
Impairment of Goodwill	-	-0.22	-	-	-
Gain (Loss) on Sale of Investments	-0.15	-	0.01	-	0.03
Asset Writedown	-1.4	-	-	0.01	-
Legal Settlements	-	-0.02	-	-	-0.09
Other Unusual Items	-	-	-	-	-0.84
Pretax Income	0.17	-0.56	-0.79	-1.02	-2.07
Income Tax Expense	0.15	-0.06	0.02	-0.1	-0.14
Earnings From Continuing Operations	0.02	-0.5	-0.81	-0.92	-1.93
Minority Interest in Earnings	-	0.01	-0	-0	-0.01
Net Income	0.02	-0.49	-0.81	-0.92	-1.94
Net Income to Common	0.02	-0.49	-0.81	-0.92	-1.94
Shares Outstanding (Basic)	8	8	8	7	3
Shares Outstanding (Diluted)	8	8	8	7	3
Shares Change (YoY)	-	-	20.15%	129.75%	-
EPS (Basic)	0.00	-0.06	-0.10	-0.14	-0.68
EPS (Diluted)	0.00	-0.06	-0.10	-0.14	-0.68
Free Cash Flow	-8.47	-0.93	0.19	-0.34	-0.04
Free Cash Flow Per Share	-1.08	-0.12	0.02	-0.05	-0.01
Gross Margin	40.18%	33.64%	55.90%	59.34%	52.60%
Operating Margin	72.66%	-8.48%	-17.54%	-24.73%	-13.04%
Profit Margin	0.74%	-18.21%	-27.16%	-40.26%	-107.29%
Free Cash Flow Margin	-300.50%	-34.31%	6.24%	-14.70%	-2.27%
EBITDA	2.79	0.51	0.49	0.37	0.41
EBITDA Margin	98.83%	18.84%	16.26%	16.11%	22.71%
D&A For EBITDA	0.74	0.74	1.01	0.93	0.65
EBIT	2.05	-0.23	-0.52	-0.57	-0.24
EBIT Margin	72.66%	-8.48%	-17.54%	-24.73%	-13.04%
Effective Tax Rate	87.50%	-	-	-	-
Advertising Expenses	-	0.06	0.16	-	0.07

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