Armax Gaz 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021
Operating Revenue	32.4	20.3	30.97	32.4	11.44	21.35
Other Revenue	3.31	1.93	0.64	-	-	-
Revenue	35.71	22.23	31.61	32.4	11.44	21.35
Revenue Growth (YoY)	29.42%	-29.69%	-2.44%	183.36%	-46.43%	57.92%
Cost of Revenue	4.48	-6.48	1.76	13.09	5.36	8.74
Gross Profit	31.22	28.71	29.85	19.31	6.07	12.61
Selling, General & Admin	21.1	18.13	15.34	11.01	7.75	7.65
Other Operating Expenses	6.85	7.37	11.63	6.22	2.36	8.24
Operating Expenses	29.48	27	28.42	18.57	11.5	17.51
Operating Income	1.74	1.71	1.42	0.75	-5.43	-4.9
Interest Expense	-0	-	-0.11	-0.05	-0.12	-0.27
Interest & Investment Income	-	-	0.01	0.01	0	0
Other Non Operating Income (Expenses)	-0.03	-0.03	-0.02	-0.01	-0	0.03
EBT Excluding Unusual Items	1.71	1.68	1.31	0.69	-5.55	-5.15
Asset Writedown	-	-	-	-	0	-
Pretax Income	1.71	1.68	1.31	0.69	-5.55	-5.15
Income Tax Expense	0.14	0.11	-	-	-	-
Net Income	1.57	1.57	1.31	0.69	-5.55	-5.15
Net Income to Common	1.57	1.57	1.31	0.69	-5.55	-5.15
Net Income Growth	18.70%	20.14%	90.24%	-	-	-
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
EPS (Basic)	0.26	0.26	0.21	0.11	-0.90	-0.84
EPS (Diluted)	0.26	0.26	0.21	0.11	-0.90	-0.84
EPS Growth	18.70%	20.14%	90.24%	-	-	-
Free Cash Flow	-	-	-	0.96	2.54	0.13
Free Cash Flow Per Share	-	-	-	0.16	0.41	0.02
Gross Margin	87.44%	129.15%	94.42%	59.61%	53.10%	59.07%
Operating Margin	4.88%	7.68%	4.50%	2.30%	-47.50%	-22.98%
Profit Margin	4.40%	7.06%	4.13%	2.12%	-48.51%	-24.10%
Free Cash Flow Margin	-	-	-	2.98%	22.19%	0.60%
EBITDA	3.28	3.21	2.75	2.07	-4.04	-3.28
EBITDA Margin	9.17%	14.43%	8.70%	6.40%	-35.36%	-15.35%
D&A For EBITDA	1.53	1.5	1.33	1.33	1.39	1.63
EBIT	1.74	1.71	1.42	0.75	-5.43	-4.9
EBIT Margin	4.88%	7.68%	4.50%	2.30%	-47.50%	-22.98%
Effective Tax Rate	8.25%	6.52%	-	-	-	-
Revenue as Reported	48.9	47.6	48.33	39.94	12.64	24.66

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