Oil Terminal 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	401.08	473.99	349.9	302.61	212.15
Other Revenue	-	4.92	0.63	0.26	0.52
Revenue	401.08	478.91	350.54	302.87	212.67
Revenue Growth (YoY)	-16.25%	36.62%	15.74%	42.42%	10.38%
Cost of Revenue	203.61	343.92	256.94	234.27	148.73
Gross Profit	197.46	134.98	93.59	68.6	63.94
Selling, General & Admin	24.27	27.54	18.89	12.65	11.93
Amortization of Goodwill & Intangibles	-	-	-	20.4	18.36
Other Operating Expenses	95.21	43.36	30.24	20.4	24.86
Operating Expenses	154.56	97.56	69.63	53.45	55.14
Operating Income	42.9	37.42	23.96	15.15	8.8
Interest Expense	-16.52	-12.09	-10.98	-5.43	-2.47
Interest & Investment Income	1.37	1.48	0.72	0.39	0.05
Currency Exchange Gain (Loss)	-	0.02	-0.07	2.02	0.75
Other Non Operating Income (Expenses)	-	0.35	2.1	0.46	0.31
EBT Excluding Unusual Items	27.75	27.18	15.73	12.6	7.44
Gain (Loss) on Sale of Assets	-	-	0.07	0.03	0.03
Asset Writedown	-	-	0.13	-	0.32
Legal Settlements	-	-3.53	0.63	0.76	0.01
Pretax Income	27.75	23.64	16.56	13.38	7.82
Income Tax Expense	3.11	4.44	2.27	1.77	2.06
Net Income	24.64	19.2	14.29	11.6	5.75
Preferred Dividends & Other Adjustments	-	-6.2	-14.21	-0.08	-
Net Income to Common	24.64	25.41	28.5	11.69	5.75
Net Income Growth	28.29%	34.36%	23.17%	101.72%	55.25%
Shares Outstanding (Basic)	2,964	2,997	2,520	582	582
Shares Outstanding (Diluted)	2,964	2,997	2,520	582	582
Shares Change (YoY)	-1.09%	18.96%	332.59%	-	-
EPS (Basic)	0.01	0.01	0.01	0.02	0.01
EPS (Diluted)	0.01	0.01	0.01	0.02	0.01
EPS Growth	-1.95%	-25.06%	-43.64%	103.19%	55.25%
Free Cash Flow	-	-9.68	-59.72	-19.67	5.69
Free Cash Flow Per Share	-	-0.00	-0.02	-0.03	0.01
Dividend Per Share	-	0.004	0.003	0.003	0.007
Dividend Growth	-	39.73%	0.72%	-56.17%	162.74%
Gross Margin	49.23%	28.19%	26.70%	22.65%	30.07%
Operating Margin	10.70%	7.81%	6.83%	5.00%	4.14%
Profit Margin	6.14%	5.30%	8.13%	3.86%	2.71%
Free Cash Flow Margin	-	-2.02%	-17.04%	-6.49%	2.68%
EBITDA	71.31	61.15	42.29	33.49	25.14
EBITDA Margin	17.78%	12.77%	12.06%	11.06%	11.82%
D&A For EBITDA	28.41	23.73	18.33	18.34	16.34
EBIT	42.9	37.42	23.96	15.15	8.8
EBIT Margin	10.70%	7.81%	6.83%	5.00%	4.14%
Effective Tax Rate	11.21%	18.78%	13.69%	13.27%	26.39%
Advertising Expenses	-	0.43	0.14	0.12	0.06

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