Zarneni Hrani Bulgaria 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	62.36	77.49	70.71	85.38	72.15
Revenue	62.36	77.49	70.71	85.38	72.15
Revenue Growth (YoY)	-19.53%	9.60%	-17.18%	18.33%	-3.92%
Cost of Revenue	25.83	39.87	33.54	43.32	46.33
Gross Profit	36.53	37.62	37.17	42.06	25.82
Selling, General & Admin	28.81	27.84	25.94	26.42	23.4
Other Operating Expenses	4.35	3.79	1.69	2.03	3.86
Operating Expenses	38.84	37.31	33.93	39.78	36.67
Operating Income	-2.31	0.31	3.24	2.28	-10.85
Interest Expense	-2.81	-2.89	-3.23	-3.04	-2.63
Interest & Investment Income	4.65	4.13	4.73	4.22	3.26
Earnings From Equity Investments	-0.03	-0.11	-0.14	0.02	0.08
Currency Exchange Gain (Loss)	-	0	-0.04	-0.03	0.04
Other Non Operating Income (Expenses)	4	2.06	0.47	2.69	14.15
EBT Excluding Unusual Items	3.5	3.51	5.03	6.14	4.05
Impairment of Goodwill	-	-0.32	-0.04	-0.04	-
Gain (Loss) on Sale of Investments	-	0.01	0	-	-0
Gain (Loss) on Sale of Assets	-	2.17	0	-0.09	-
Asset Writedown	1.61	1.34	0.04	-1.42	-0.16
Other Unusual Items	-	0.02	0.01	0.18	0.19
Pretax Income	5.11	6.72	5.07	4.8	4.09
Income Tax Expense	0.32	0.84	0.58	0.73	0.24
Earnings From Continuing Operations	4.79	5.88	4.49	4.07	3.85
Minority Interest in Earnings	-0.62	-1.46	-1.12	-1.54	-0.35
Net Income	4.17	4.42	3.37	2.53	3.49
Net Income to Common	4.17	4.42	3.37	2.53	3.49
Net Income Growth	-5.50%	31.11%	33.27%	-27.63%	-44.86%
Shares Outstanding (Basic)	196	196	196	196	196
Shares Outstanding (Diluted)	196	196	196	196	196
EPS (Basic)	0.02	0.02	0.02	0.01	0.02
EPS (Diluted)	0.02	0.02	0.02	0.01	0.02
EPS Growth	-5.50%	31.11%	33.27%	-27.63%	-44.86%
Free Cash Flow	-1.24	5.72	6.38	11.01	5.19
Free Cash Flow Per Share	-0.01	0.03	0.03	0.06	0.03
Gross Margin	58.58%	48.55%	52.56%	49.26%	35.79%
Operating Margin	-3.70%	0.40%	4.58%	2.67%	-15.03%
Profit Margin	6.69%	5.70%	4.76%	2.96%	4.84%
Free Cash Flow Margin	-1.99%	7.38%	9.02%	12.89%	7.19%
EBITDA	3.18	5.75	9.27	6.63	-2.84
EBITDA Margin	5.09%	7.42%	13.11%	7.77%	-3.94%
D&A For EBITDA	5.48	5.44	6.04	4.35	8
EBIT	-2.31	0.31	3.24	2.28	-10.85
EBIT Margin	-3.70%	0.40%	4.58%	2.67%	-15.03%
Effective Tax Rate	6.26%	12.52%	11.47%	15.16%	5.92%

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