Santierul Naval Constanta Income Statement

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2015 - 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Jan '20 Jan 1, 2020	2015 - 2019
Revenue	114.02	146.1	317.29	207.39	227.12	249.29	Upgrade
Revenue Growth (YoY)	-34.00%	-53.95%	52.99%	-8.69%	-8.89%	173.13%	Upgrade
Cost of Revenue	-17.36	1.86	195.61	69.37	101.81	154.08	Upgrade
Gross Profit	131.39	144.24	121.68	138.02	125.31	95.21	Upgrade
Selling, General & Admin	79.81	72.99	67.27	59.47	66.64	66.87	Upgrade
Other Operating Expenses	56.72	55.38	26.16	76.33	64.75	41.28	Upgrade
Operating Expenses	143.57	134.42	99.07	141.97	129.04	115.48	Upgrade
Operating Income	-12.19	9.81	22.61	-3.95	-3.72	-20.28	Upgrade
Interest Expense	-1.2	-1.86	-1.3	-7.76	-8.03	-1.2	Upgrade
Interest & Investment Income	0.6	0.56	0.03	3.49	14.13	0	Upgrade
Other Non Operating Income (Expenses)	-0.23	0.29	-2.43	-	-	-4.71	Upgrade
EBT Excluding Unusual Items	-13.01	8.82	18.91	-8.22	2.38	-26.19	Upgrade
Pretax Income	-13.01	8.82	18.91	-8.22	2.38	-26.19	Upgrade
Income Tax Expense	1.21	1.21	-	0.53	-	-	Upgrade
Net Income	-14.21	7.61	18.91	-8.75	2.38	-26.19	Upgrade
Net Income to Common	-14.21	7.61	18.91	-8.75	2.38	-26.19	Upgrade
Net Income Growth	-	-59.76%	-	-	-	-	Upgrade
Shares Outstanding (Basic)	65	65	65	65	65	65	Upgrade
Shares Outstanding (Diluted)	65	65	65	65	65	65	Upgrade
EPS (Basic)	-0.22	0.12	0.29	-0.13	0.04	-0.40	Upgrade
EPS (Diluted)	-0.22	0.12	0.29	-0.13	0.04	-0.40	Upgrade
EPS Growth	-	-59.76%	-	-	-	-	Upgrade
Free Cash Flow	-	27.95	36.63	-24.02	14.57	-40.04	Upgrade
Free Cash Flow Per Share	-	0.43	0.56	-0.37	0.22	-0.62	Upgrade
Gross Margin	115.23%	98.73%	38.35%	66.55%	55.17%	38.19%	Upgrade
Operating Margin	-10.69%	6.72%	7.13%	-1.91%	-1.64%	-8.13%	Upgrade
Profit Margin	-12.47%	5.21%	5.96%	-4.22%	1.05%	-10.51%	Upgrade
Free Cash Flow Margin	-	19.13%	11.54%	-11.58%	6.42%	-16.06%	Upgrade
EBITDA	-5.91	15.88	28.25	2.22	3.12	-12.94	Upgrade
EBITDA Margin	-5.18%	10.87%	8.90%	1.07%	1.37%	-5.19%	Upgrade
D&A For EBITDA	6.28	6.06	5.64	6.17	6.84	7.33	Upgrade
EBIT	-12.19	9.81	22.61	-3.95	-3.72	-20.28	Upgrade
EBIT Margin	-10.69%	6.72%	7.13%	-1.91%	-1.64%	-8.13%	Upgrade
Effective Tax Rate	-	13.70%	-	-	-	-	Upgrade
Revenue as Reported	236.22	249.95	180.7	-	-	247.13	Upgrade
Advertising Expenses	-	0.32	0.24	0.16	0.13	0.24	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.