Agroland Business System Income Statement

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

Millions RON. 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Revenue	341.43	306.52	289.84	280.36	217.47	188.74
Revenue Growth (YoY)	12.29%	5.76%	3.38%	28.92%	15.22%	41.23%
Cost of Revenue	218.69	206.66	218.72	224.29	169.39	142.27
Gross Profit	122.75	99.86	71.12	56.06	48.08	46.47
Selling, General & Admin	43.74	35.74	27.96	25.22	20.76	14.3
Other Operating Expenses	45.39	39.12	25.99	18.66	12.44	17.98
Operating Expenses	98.15	82.64	59.98	48.33	35.95	33.44
Operating Income	24.6	17.22	11.14	7.73	12.13	13.04
Interest Expense	-10.15	-6.69	-5.58	-4.33	-1.77	-1.11
Interest & Investment Income	0.09	0.04	0.09	0.51	0	0.09
Other Non Operating Income (Expenses)	0	0	0	-	-0.49	-
Pretax Income	14.54	10.57	5.65	3.91	9.87	12.01
Income Tax Expense	3.14	2.93	0.93	0.62	1.18	1.49
Net Income	11.4	7.65	4.71	3.29	8.69	10.52
Net Income to Common	11.4	7.65	4.71	3.29	8.69	10.52
Net Income Growth	104.59%	62.24%	43.21%	-62.15%	-17.36%	326.68%
Shares Outstanding (Basic)	90	90	90	90	53	48
Shares Outstanding (Diluted)	90	90	90	90	53	48
Shares Change (YoY)	-	-	-	70.00%	10.00%	17.65%
EPS (Basic)	0.13	0.08	0.05	0.04	0.16	0.22
EPS (Diluted)	0.13	0.08	0.05	0.04	0.16	0.22
EPS Growth	-	62.24%	43.21%	-77.73%	-24.88%	262.68%
Free Cash Flow	-19.33	-22.1	2.06	-21.02	-	-14.56
Free Cash Flow Per Share	-0.21	-0.25	0.02	-0.23	-	-0.30
Gross Margin	35.95%	32.58%	24.54%	20.00%	22.11%	24.62%
Operating Margin	7.20%	5.62%	3.84%	2.76%	5.58%	6.91%
Profit Margin	3.34%	2.50%	1.63%	1.17%	4.00%	5.58%
Free Cash Flow Margin	-5.66%	-7.21%	0.71%	-7.50%	-	-7.71%
EBITDA	33.62	25	17.17	12.18	13.03	13.94
EBITDA Margin	9.85%	8.15%	5.92%	4.34%	5.99%	7.39%
D&A For EBITDA	9.02	7.78	6.03	4.44	0.9	0.9
EBIT	24.6	17.22	11.14	7.73	12.13	13.04
EBIT Margin	7.20%	5.62%	3.84%	2.76%	5.58%	6.91%
Effective Tax Rate	21.60%	27.69%	16.54%	15.91%	11.94%	12.42%
Revenue as Reported	350.68	315.77	295.56	305.12	233.38	191.33

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