Armatura SA (BVB:ARM)

Armatura Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	0.94	1.73	1.82	2.1	2.77
Revenue Growth (YoY)	-45.58%	-5.18%	-13.05%	-24.30%	-45.47%
Cost of Revenue	0.2	0.28	0.55	0.43	0.98
Gross Profit	0.74	1.45	1.27	1.66	1.78
Selling, General & Admin	1.53	1.37	1.28	1.28	1.47
Amortization of Goodwill & Intangibles	-	-	-	0.77	0.48
Other Operating Expenses	-0.11	-0.2	-0.03	0.07	1.28
Operating Expenses	1.65	1.69	2.2	2.12	3.22
Operating Income	-0.92	-0.24	-0.92	-0.46	-1.44
Interest Expense	-0	-0.01	-0.01	-0.02	-0.25
Interest & Investment Income	0.13	0.27	0.42	0.05	-
Currency Exchange Gain (Loss)	-0	-0	0	-0.04	-0.57
Other Non Operating Income (Expenses)	-0	-	0	-0.39	-
EBT Excluding Unusual Items	-0.79	0.02	-0.51	-0.86	-2.26
Gain (Loss) on Sale of Assets	-	-	-	-	18.73
Pretax Income	-0.79	0.02	-0.51	-0.86	16.48
Income Tax Expense	0.03	0	-0.01	0.02	0.28
Net Income	-0.82	0.01	-0.51	-0.89	16.19
Net Income to Common	-0.82	0.01	-0.51	-0.89	16.19
Shares Outstanding (Basic)	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40
EPS (Basic)	-0.02	0.00	-0.01	-0.02	0.40
EPS (Diluted)	-0.02	0.00	-0.01	-0.02	0.40
Free Cash Flow	-0.34	-0.69	0.3	7.25	-0.47
Free Cash Flow Per Share	-0.01	-0.02	0.01	0.18	-0.01
Gross Margin	78.45%	84.08%	69.96%	79.46%	64.46%
Operating Margin	-97.48%	-13.94%	-50.64%	-21.94%	-52.03%
Profit Margin	-86.87%	0.74%	-27.80%	-42.27%	585.03%
Free Cash Flow Margin	-35.99%	-39.72%	16.49%	345.98%	-17.07%
EBITDA	-0.89	-0.22	-0.82	0.03	-1.03
EBITDA Margin	-95.18%	-12.51%	-44.95%	1.25%	-37.24%
D&A For EBITDA	0.02	0.02	0.1	0.49	0.41
EBIT	-0.92	-0.24	-0.92	-0.46	-1.44
EBIT Margin	-97.48%	-13.94%	-50.64%	-21.94%	-52.03%
Effective Tax Rate	-	27.84%	-	-	1.72%
Advertising Expenses	0.03	0.02	0.03	0.02	0.02

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