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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	19.55	27.24	35.43	43.01	21.32	46.18
Other Revenue	0.72	0.17	9.95	2.47	1.78	2.85
Revenue	20.27	27.42	45.38	45.48	23.1	49.03
Revenue Growth (YoY)	-1.18%	-39.58%	-0.22%	96.89%	-52.88%	4.43%
Cost of Revenue	4.26	7.05	30.78	28.58	19.43	29.55
Gross Profit	16.01	20.37	14.6	16.91	3.67	19.48
Selling, General & Admin	4.03	4.01	13.22	6.87	2.96	6.75
Other Operating Expenses	1.96	1.7	3.8	8.31	2.67	1.7
Operating Expenses	7.89	8.47	26.75	29.33	11.53	18.06
Operating Income	8.12	11.9	-12.15	-12.42	-7.86	1.42
Interest Expense	-0.44	-0.38	-0.5	-0.22	-0	-0.01
Interest & Investment Income	0.44	0.66	0.26	3.01	0.88	0.82
Other Non Operating Income (Expenses)	-0	-0	0.2	-	-0	-
EBT Excluding Unusual Items	8.12	12.18	-12.19	-9.62	-6.99	2.22
Gain (Loss) on Sale of Investments	15.98	16.35	23.73	70.49	-	-
Gain (Loss) on Sale of Assets	6.89	12.63	-0.08	0.18	13.6	5.25
Asset Writedown	-4.48	-4.48	-16.42	-	-	-
Pretax Income	26.51	36.68	-4.96	61.05	6.61	7.47
Income Tax Expense	-1.58	-0.64	1.5	10.32	2.16	2.27
Net Income	28.09	37.32	-6.46	50.72	4.45	5.2
Preferred Dividends & Other Adjustments	2.77	2.77	-	-0.41	-	-
Net Income to Common	25.32	34.55	-6.46	51.13	4.45	5.2
Net Income Growth	50.12%	-	-	1040.25%	-14.47%	-44.68%
Shares Outstanding (Basic)	277	326	576	576	579	579
Shares Outstanding (Diluted)	277	326	576	576	579	579
Shares Change (YoY)	-51.95%	-43.48%	-	-0.51%	-	-
EPS (Basic)	0.09	0.11	-0.01	0.09	0.01	0.01
EPS (Diluted)	0.09	0.11	-0.01	0.09	0.01	0.01
EPS Growth	181.60%	-	-	1055.47%	-14.48%	-44.55%
Free Cash Flow	-7.89	9.6	-0.35	0.32	-10.45	-0.27
Free Cash Flow Per Share	-0.03	0.03	-0.00	0.00	-0.02	-0.00
Dividend Per Share	-	-	0.022	-	0.007	0.005
Dividend Growth	-	-	-	-	27.27%	-35.14%
Gross Margin	78.97%	74.30%	32.17%	37.17%	15.88%	39.73%
Operating Margin	40.03%	43.41%	-26.77%	-27.30%	-34.04%	2.89%
Profit Margin	124.89%	126.01%	-14.24%	112.41%	19.25%	10.61%
Free Cash Flow Margin	-38.90%	35.02%	-0.78%	0.70%	-45.21%	-0.56%
EBITDA	10.05	14.67	-2.41	1.66	-1.96	9.88
EBITDA Margin	49.55%	53.50%	-5.32%	3.65%	-8.48%	20.15%
D&A For EBITDA	1.93	2.77	9.73	14.08	5.9	8.46
EBIT	8.12	11.9	-12.15	-12.42	-7.86	1.42
EBIT Margin	40.03%	43.41%	-26.77%	-27.30%	-34.04%	2.89%
Effective Tax Rate	-	-	-	16.91%	32.69%	30.42%
Revenue as Reported	51.16	68.31	69.58	117.05	42.25	59.38
Advertising Expenses	-	0.03	0.72	0.33	0.03	-

Source: S&P Capital IQ. Standard template. Financial Sources.