BVL:INDECOI1 Income Statement

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

Millions USD. 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
Revenue	554.03	452.25	400.66	424.16	330.21
Revenue Growth (YoY)	22.50%	12.88%	-5.54%	28.45%	76.28%
Cost of Revenue	497.31	405	355.06	373.66	290.13
Gross Profit	56.73	47.25	45.6	50.5	40.09
Selling, General & Admin	21.26	21.55	23.3	23.77	19.88
Other Operating Expenses	-1.79	-1.5	-5.26	-0.49	-0.61
Operating Expenses	19.46	20.06	18.04	23.28	19.27
Operating Income	37.26	27.2	27.56	27.22	20.82
Interest Expense	-0.89	-1.11	-1.34	-1.45	-0.81
Interest & Investment Income	1.13	1.74	1.32	0.11	2.36
Earnings From Equity Investments	-	-	-	0.01	0.12
Currency Exchange Gain (Loss)	2.65	0.04	0.3	0.35	-1.08
Other Non Operating Income (Expenses)	-	3.41	3.53	1.24	0.03
EBT Excluding Unusual Items	40.15	31.27	31.38	27.47	21.43
Gain (Loss) on Sale of Assets	0.01	0.1	0.07	0.07	0.1
Pretax Income	40.17	31.37	31.45	27.54	22.12
Income Tax Expense	9.59	9.23	7.48	7.19	7.88
Net Income	30.58	22.15	23.97	20.35	14.25
Net Income to Common	30.58	22.15	23.97	20.35	14.25
Net Income Growth	38.05%	-7.61%	17.79%	42.83%	130.36%
Shares Outstanding (Basic)	149	149	149	149	149
Shares Outstanding (Diluted)	149	149	149	149	149
EPS (Basic)	0.21	0.15	0.16	0.14	0.10
EPS (Diluted)	0.21	0.15	0.16	0.14	0.10
EPS Growth	38.05%	-7.61%	17.79%	42.83%	130.37%
Free Cash Flow	343.09	303.03	305.93	268.02	180.1
Free Cash Flow Per Share	2.31	2.04	2.06	1.80	1.21
Dividend Per Share	-	0.149	0.161	0.137	0.097
Dividend Growth	-	-7.60%	17.78%	41.30%	130.34%
Gross Margin	10.24%	10.45%	11.38%	11.91%	12.14%
Operating Margin	6.73%	6.01%	6.88%	6.42%	6.30%
Profit Margin	5.52%	4.90%	5.98%	4.80%	4.32%
Free Cash Flow Margin	61.93%	67.01%	76.36%	63.19%	54.54%
EBITDA	40.84	30.64	30.48	29.7	23.18
EBITDA Margin	7.37%	6.78%	7.61%	7.00%	7.02%
D&A For EBITDA	3.58	3.45	2.92	2.48	2.37
EBIT	37.26	27.2	27.56	27.22	20.82
EBIT Margin	6.73%	6.01%	6.88%	6.42%	6.30%
Effective Tax Rate	23.88%	29.41%	23.77%	26.10%	35.60%

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