Turism, Hoteluri, Restaurante Marea Neagra S.A. (BVB:EFO)

BVB:EFO Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	15.31	15.18	27.18	35.43	43.01	21.32
Other Revenue	0.89	0.9	0.24	9.95	2.47	1.78
Revenue	16.2	16.08	27.42	45.38	45.48	23.1
Revenue Growth (YoY)	-42.97%	-41.36%	-39.58%	-0.22%	96.89%	-52.88%
Cost of Revenue	2.49	2.72	7.05	30.78	28.58	19.43
Gross Profit	13.7	13.36	20.37	14.6	16.91	3.67
Selling, General & Admin	3.08	2.38	4.01	13.22	6.87	2.96
Other Operating Expenses	0.21	0.16	1.7	3.8	8.31	2.67
Operating Expenses	4.59	4.08	8.47	26.75	29.33	11.53
Operating Income	9.12	9.28	11.9	-12.15	-12.42	-7.86
Interest Expense	-0.92	-0.55	-0.38	-0.5	-0.22	-0
Interest & Investment Income	0.42	0.47	0.66	0.26	3.01	0.88
Other Non Operating Income (Expenses)	-0	-	-0	0.2	-	-0
EBT Excluding Unusual Items	8.62	9.2	12.18	-12.19	-9.62	-6.99
Gain (Loss) on Sale of Investments	6	6	16.35	23.73	70.49	-
Gain (Loss) on Sale of Assets	4.03	4.28	12.63	-0.08	0.18	13.6
Asset Writedown	-6.93	-6.93	-4.48	-16.42	-	-
Pretax Income	11.72	12.55	36.68	-4.96	61.05	6.61
Income Tax Expense	2.75	2.81	2.13	1.5	10.32	2.16
Net Income	8.98	9.75	34.55	-6.46	50.72	4.45
Preferred Dividends & Other Adjustments	-	-	-	-	-0.41	-
Net Income to Common	8.98	9.75	34.55	-6.46	51.13	4.45
Net Income Growth	-68.75%	-71.79%	-	-	1040.25%	-14.47%
Shares Outstanding (Basic)	197	326	326	576	576	579
Shares Outstanding (Diluted)	197	326	326	576	576	579
Shares Change (YoY)	-65.83%	-	-43.48%	-	-0.51%	-
EPS (Basic)	0.05	0.03	0.11	-0.01	0.09	0.01
EPS (Diluted)	0.05	0.03	0.11	-0.01	0.09	0.01
EPS Growth	-8.53%	-71.79%	-	-	1055.47%	-14.48%
Free Cash Flow	3.68	6.26	9.6	-0.35	0.32	-10.45
Free Cash Flow Per Share	0.02	0.02	0.03	-0.00	0.00	-0.02
Dividend Per Share	-	-	-	0.022	-	0.007
Dividend Growth	-	-	-	-	-	27.27%
Gross Margin	84.61%	83.07%	74.30%	32.17%	37.17%	15.88%
Operating Margin	56.28%	57.71%	43.41%	-26.77%	-27.30%	-34.04%
Profit Margin	55.43%	60.61%	126.01%	-14.24%	112.41%	19.25%
Free Cash Flow Margin	22.73%	38.95%	35.02%	-0.78%	0.70%	-45.21%
EBITDA	10.42	10.81	14.67	-2.41	1.66	-1.96
EBITDA Margin	64.31%	67.25%	53.50%	-5.32%	3.65%	-8.48%
D&A For EBITDA	1.3	1.53	2.77	9.73	14.08	5.9
EBIT	9.12	9.28	11.9	-12.15	-12.42	-7.86
EBIT Margin	56.28%	57.71%	43.41%	-26.77%	-27.30%	-34.04%
Effective Tax Rate	23.43%	22.37%	5.80%	-	16.91%	32.69%
Revenue as Reported	33.53	33.31	68.31	69.58	117.05	42.25
Advertising Expenses	-	0.03	0.03	0.72	0.33	0.03

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