S.C. Argus 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	72.84	218.82	248.91	367.96	183.38
Other Revenue	-	-	0.29	0.45	-
Revenue	72.84	218.82	249.2	368.41	183.38
Revenue Growth (YoY)	-66.71%	-12.19%	-32.36%	100.91%	-17.29%
Cost of Revenue	67.57	199.69	272.7	281.62	156.92
Gross Profit	5.27	19.13	-23.5	86.8	26.45
Selling, General & Admin	19.42	22.05	23.26	19.09	11.4
Other Operating Expenses	3.5	11.41	15.12	18.67	9.56
Operating Expenses	29.76	42.85	49.78	48.37	24.29
Operating Income	-24.48	-23.72	-73.28	38.43	2.17
Interest Expense	-2.29	-3.01	-5.83	-6.82	-1.88
Interest & Investment Income	0.2	0.26	0.53	0.74	0.01
Earnings From Equity Investments	-	-	-	-	1.38
Currency Exchange Gain (Loss)	0.03	0.15	-0.1	-0.09	-
Other Non Operating Income (Expenses)	1.47	1.97	14.51	-0.51	1.01
EBT Excluding Unusual Items	-25.08	-24.36	-64.18	31.74	2.7
Asset Writedown	-	-0.25	-	-0.12	-0.23
Pretax Income	-25.08	-24.61	-64.18	31.63	2.47
Income Tax Expense	-	-	-	3.48	-
Earnings From Continuing Operations	-25.08	-24.61	-64.18	28.14	2.47
Minority Interest in Earnings	0.22	0.16	0.21	0.23	-
Net Income	-24.85	-24.45	-63.97	28.38	2.47
Net Income to Common	-24.85	-24.45	-63.97	28.38	2.47
Net Income Growth	-	-	-	1051.01%	307.39%
Shares Outstanding (Basic)	36	36	36	36	-
Shares Outstanding (Diluted)	36	36	36	36	-
EPS (Basic)	-0.69	-0.68	-1.79	0.79	-
EPS (Diluted)	-0.69	-0.68	-1.79	0.79	-
Free Cash Flow	14.83	21.33	29.91	-23.3	-52.81
Free Cash Flow Per Share	0.41	0.60	0.84	-0.65	-
Gross Margin	7.24%	8.74%	-9.43%	23.56%	14.42%
Operating Margin	-33.61%	-10.84%	-29.41%	10.43%	1.18%
Profit Margin	-34.12%	-11.17%	-25.67%	7.70%	1.34%
Free Cash Flow Margin	20.36%	9.75%	12.00%	-6.33%	-28.80%
EBITDA	-17.65	-16.5	-59.27	46.16	5.49
EBITDA Margin	-24.23%	-7.54%	-23.79%	12.53%	3.00%
D&A For EBITDA	6.83	7.22	14.01	7.74	3.33
EBIT	-24.48	-23.72	-73.28	38.43	2.17
EBIT Margin	-33.61%	-10.84%	-29.41%	10.43%	1.18%
Effective Tax Rate	-	-	-	11.01%	-
Revenue as Reported	56.19	217.94	206.76	388.38	195.18

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