Turbomecanica 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	133.02	139.99	131.36	139.16	131.33
Revenue	133.02	139.99	131.36	139.16	131.33
Revenue Growth (YoY)	-4.98%	6.56%	-5.60%	5.96%	5.07%
Cost of Revenue	36.08	28.03	44.28	50.61	43.7
Gross Profit	96.94	111.96	87.08	88.55	87.63
Selling, General & Admin	67.43	64.49	57	53.8	53.98
Other Operating Expenses	6.94	7.89	7.8	6.22	6.15
Operating Expenses	87.5	84.1	72.54	71.17	71.11
Operating Income	9.44	27.86	14.54	17.38	16.52
Interest Expense	-3.74	-3.14	-2.22	-2.48	-1.66
Interest & Investment Income	1.11	1.09	1.52	0.82	0.11
Currency Exchange Gain (Loss)	-0.15	-0.15	0.08	-0.05	0.03
Other Non Operating Income (Expenses)	-2.52	-3.76	-0.75	-2.16	-0.69
EBT Excluding Unusual Items	4.15	21.89	13.17	13.52	14.31
Gain (Loss) on Sale of Assets	0.01	-1.11	-0.01	-0.08	-0.1
Asset Writedown	-	-	0.87	-	-
Pretax Income	4.16	20.78	14.03	13.44	14.2
Income Tax Expense	1.26	4.63	2.88	1.25	2.45
Net Income	2.9	16.16	11.15	12.19	11.75
Net Income to Common	2.9	16.16	11.15	12.19	11.75
Net Income Growth	-82.06%	44.96%	-8.55%	3.74%	-11.94%
Shares Outstanding (Basic)	369	369	369	363	363
Shares Outstanding (Diluted)	369	369	369	363	363
Shares Change (YoY)	-	-	1.65%	-	-
EPS (Basic)	0.01	0.04	0.03	0.03	0.03
EPS (Diluted)	0.01	0.04	0.03	0.03	0.03
EPS Growth	-82.06%	44.96%	-10.04%	3.74%	-11.94%
Free Cash Flow	-1.32	8.15	13.99	6.28	8.03
Free Cash Flow Per Share	-0.00	0.02	0.04	0.02	0.02
Dividend Per Share	-	0.024	0.024	0.023	0.027
Dividend Growth	-	-	5.87%	-15.87%	-
Gross Margin	72.88%	79.98%	66.29%	63.63%	66.72%
Operating Margin	7.10%	19.90%	11.07%	12.49%	12.58%
Profit Margin	2.18%	11.54%	8.48%	8.76%	8.95%
Free Cash Flow Margin	-0.99%	5.82%	10.65%	4.51%	6.11%
EBITDA	22.57	39.58	22.28	28.53	27.49
EBITDA Margin	16.97%	28.27%	16.96%	20.50%	20.93%
D&A For EBITDA	13.12	11.72	7.74	11.15	10.98
EBIT	9.44	27.86	14.54	17.38	16.52
EBIT Margin	7.10%	19.90%	11.07%	12.49%	12.58%
Effective Tax Rate	30.23%	22.26%	20.54%	9.30%	17.28%
Advertising Expenses	1.28	1.27	1.25	1.11	0.5

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