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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	398.76	381.62	427.48	315.42	327.2	256.29
Revenue Growth (YoY)	10.29%	-10.73%	35.53%	-3.60%	27.67%	-29.94%
Cost of Revenue	269.33	257.3	262	212.15	234.02	179.79
Gross Profit	129.42	124.32	165.48	103.28	93.19	76.5
Selling, General & Admin	79.46	73.76	63.32	53.34	50.68	45.59
Other Operating Expenses	11.33	15.89	68.77	29.43	15.38	-13.33
Operating Expenses	94.65	93.35	135.98	87.01	70.18	36.1
Operating Income	34.77	30.96	29.5	16.27	23.01	40.41
Interest Expense	-0.95	-1.3	-0.57	-3.09	-1.5	-0.89
Interest & Investment Income	4.09	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	41.02	35.61	35.12	17.94	26.52	36.92
Income Tax Expense	3.7	4.07	11.05	3.74	3.04	2.95
Net Income	37.32	31.54	24.07	14.2	23.49	33.97
Net Income to Common	37.32	31.54	24.07	14.2	23.49	33.97
Net Income Growth	1271.28%	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)	2.04	1.73	1.32	0.78	1.28	1.86
EPS (Diluted)	2.04	1.73	1.32	0.78	1.28	1.86
EPS Growth	1271.29%	31.06%	69.53%	-39.55%	-30.85%	-30.86%
Free Cash Flow	-277.36	-177.91	-128.27	248.31	-10.63	27.28
Free Cash Flow Per Share	-15.17	-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	32.46%	32.58%	38.71%	32.74%	28.48%	29.85%
Operating Margin	8.72%	8.11%	6.90%	5.16%	7.03%	15.77%
Profit Margin	9.36%	8.27%	5.63%	4.50%	7.18%	13.25%
Free Cash Flow Margin	-69.56%	-46.62%	-30.01%	78.72%	-3.25%	10.65%
EBITDA	38.69	34.72	33.4	20.5	27.12	44.24
EBITDA Margin	9.70%	9.10%	7.81%	6.50%	8.29%	17.26%
D&A For EBITDA	3.92	3.76	3.89	4.24	4.12	3.84
EBIT	34.77	30.96	29.5	16.27	23.01	40.41
EBIT Margin	8.72%	8.11%	6.90%	5.16%	7.03%	15.77%
Effective Tax Rate	9.02%	11.42%	31.46%	20.87%	11.45%	8.00%
Revenue as Reported	396.1	411.94	440.8	341.32	330.69	261.64

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