IAR S.A. (BVB:IARV)

IAR S.A. 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	351.13	381.62	427.48	315.42	327.2	256.29
Revenue Growth (YoY)	-3.91%	-10.73%	35.53%	-3.60%	27.67%	-29.94%
Cost of Revenue	243.15	257.3	262	212.15	234.02	179.79
Gross Profit	107.98	124.32	165.48	103.28	93.19	76.5
Selling, General & Admin	77.82	73.76	63.32	53.34	50.68	45.59
Other Operating Expenses	4.04	15.89	68.77	29.43	15.38	-13.33
Operating Expenses	85.6	93.35	135.98	87.01	70.18	36.1
Operating Income	22.38	30.96	29.5	16.27	23.01	40.41
Interest Expense	-1.5	-1.3	-0.57	-3.09	-1.5	-0.89
Interest & Investment Income	4.75	2.84	6.35	0.21	0.19	0.23
Earnings From Equity Investments	0.57	0.57	0.57	2.87	1.47	-
Currency Exchange Gain (Loss)	-2.05	-2.05	-3.72	-1.07	-0.83	-3.35
Other Non Operating Income (Expenses)	4.59	4.59	2.97	2.75	4.19	0.52
Pretax Income	28.73	35.61	35.12	17.94	26.52	36.92
Income Tax Expense	3.44	4.07	11.05	3.74	3.04	2.95
Net Income	25.29	31.54	24.07	14.2	23.49	33.97
Net Income to Common	25.29	31.54	24.07	14.2	23.49	33.97
Net Income Growth	809.91%	31.06%	69.53%	-39.55%	-30.85%	-30.86%
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
EPS (Basic)	1.38	1.73	1.32	0.78	1.28	1.86
EPS (Diluted)	1.38	1.73	1.32	0.78	1.28	1.86
EPS Growth	809.92%	31.06%	69.53%	-39.55%	-30.85%	-30.86%
Free Cash Flow	-165.59	-177.91	-128.27	248.31	-10.63	27.28
Free Cash Flow Per Share	-9.06	-9.73	-7.02	13.59	-0.58	1.49
Dividend Per Share	0.290	0.290	0.640	0.291	0.300	0.423
Dividend Growth	-54.69%	-54.69%	119.93%	-3.00%	-29.01%	-57.74%
Gross Margin	30.75%	32.58%	38.71%	32.74%	28.48%	29.85%
Operating Margin	6.37%	8.11%	6.90%	5.16%	7.03%	15.77%
Profit Margin	7.20%	8.27%	5.63%	4.50%	7.18%	13.25%
Free Cash Flow Margin	-47.16%	-46.62%	-30.01%	78.72%	-3.25%	10.65%
EBITDA	26.19	34.72	33.4	20.5	27.12	44.24
EBITDA Margin	7.46%	9.10%	7.81%	6.50%	8.29%	17.26%
D&A For EBITDA	3.82	3.76	3.89	4.24	4.12	3.84
EBIT	22.38	30.96	29.5	16.27	23.01	40.41
EBIT Margin	6.37%	8.11%	6.90%	5.16%	7.03%	15.77%
Effective Tax Rate	11.96%	11.42%	31.46%	20.87%	11.45%	8.00%
Revenue as Reported	396.11	411.94	440.8	341.32	330.69	261.64

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