Aerostar Income Statement

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

Millions RON. 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	621.96	585.34	507.17	467.44	376.84
Other Revenue	1.26	1.66	1.87	1.67	1.29
Revenue	623.22	587.01	509.04	469.12	378.14
Revenue Growth (YoY)	6.17%	15.32%	8.51%	24.06%	27.13%
Cost of Revenue	276.98	250.35	227.14	172.46	115.26
Gross Profit	346.24	336.65	281.9	296.65	262.88
Selling, General & Admin	237.49	232.53	198.58	166.57	140
Other Operating Expenses	-15.59	-9.36	-21.62	4.57	20.71
Operating Expenses	251.35	250.28	202.91	195.25	186.51
Operating Income	94.9	86.37	78.99	101.4	76.37
Interest Expense	-0.03	-0.03	-0.03	-0.03	-0.03
Interest & Investment Income	18.15	15.47	18.3	14.17	2.6
Currency Exchange Gain (Loss)	-5.32	2.18	-1.1	2.15	3.26
Other Non Operating Income (Expenses)	0.82	0.83	1.03	1.16	1.7
EBT Excluding Unusual Items	108.52	104.81	97.18	118.86	83.89
Gain (Loss) on Sale of Investments	-	-	-	-19.19	-14.25
Legal Settlements	-	-	-0.22	-	-
Pretax Income	108.52	104.81	96.96	99.67	69.65
Income Tax Expense	10.48	9.08	3.93	9.4	9.71
Net Income	98.04	95.73	93.03	90.27	59.94
Net Income to Common	98.04	95.73	93.03	90.27	59.94
Net Income Growth	2.42%	2.90%	3.05%	50.61%	55.92%
Shares Outstanding (Basic)	152	152	152	152	152
Shares Outstanding (Diluted)	152	152	152	152	152
EPS (Basic)	0.64	0.63	0.61	0.59	0.39
EPS (Diluted)	0.64	0.63	0.61	0.59	0.39
EPS Growth	2.42%	2.90%	3.05%	50.61%	55.92%
Free Cash Flow	66.96	11.37	10.87	32.17	84.31
Free Cash Flow Per Share	0.44	0.07	0.07	0.21	0.55
Dividend Per Share	-	0.240	0.210	0.180	0.150
Dividend Growth	-	14.29%	16.67%	20.00%	25.00%
Gross Margin	55.56%	57.35%	55.38%	63.24%	69.52%
Operating Margin	15.23%	14.71%	15.52%	21.62%	20.20%
Profit Margin	15.73%	16.31%	18.27%	19.24%	15.85%
Free Cash Flow Margin	10.74%	1.94%	2.14%	6.86%	22.30%
EBITDA	123.95	113.18	104.9	125.47	102.12
EBITDA Margin	19.89%	19.28%	20.61%	26.75%	27.01%
D&A For EBITDA	29.05	26.81	25.91	24.07	25.76
EBIT	94.9	86.37	78.99	101.4	76.37
EBIT Margin	15.23%	14.71%	15.52%	21.62%	20.20%
Effective Tax Rate	9.66%	8.67%	4.05%	9.43%	13.94%
Revenue as Reported	634.16	633.35	533.06	473.78	382.51

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.