Carthage Cement Income Statement

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

Millions TND. 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	390.91	428.84	442.26	382.17	341.06
Revenue Growth (YoY)	-8.84%	-3.03%	15.72%	12.05%	27.51%
Cost of Revenue	183.52	201.81	221.93	198.06	166.87
Gross Profit	207.39	227.03	220.33	184.11	174.19
Selling, General & Admin	47.05	48.21	48.71	39.51	43.01
Other Operating Expenses	33.97	14	15.28	14.99	12.66
Operating Expenses	137.08	117.77	117.68	102.32	102.98
Operating Income	70.31	109.25	102.65	81.78	71.21
Interest Expense	-41.09	-32.66	-34.32	-32.67	-33.39
Interest & Investment Income	3.66	7.07	3.91	0.08	0.14
Currency Exchange Gain (Loss)	-	-0.55	-0.02	-0.59	0.38
Other Non Operating Income (Expenses)	8.12	-11.87	-16.01	-12.73	-6.18
EBT Excluding Unusual Items	41	71.24	56.2	35.86	32.15
Pretax Income	41	71.24	56.2	36.5	32.26
Income Tax Expense	0.88	0.99	1.01	0.85	0.76
Net Income	40.12	70.26	55.19	35.65	31.51
Net Income to Common	40.12	70.26	55.19	35.65	31.51
Net Income Growth	-42.90%	27.29%	54.82%	13.14%	62.72%
Shares Outstanding (Basic)	-	344	344	344	344
Shares Outstanding (Diluted)	-	344	344	344	344
EPS (Basic)	-	0.20	0.16	0.10	0.09
EPS (Diluted)	-	0.20	0.16	0.10	0.09
EPS Growth	-	27.29%	54.82%	13.14%	62.72%
Free Cash Flow	70.12	113.41	63.11	64.9	50.84
Free Cash Flow Per Share	-	0.33	0.18	0.19	0.15
Gross Margin	53.05%	52.94%	49.82%	48.17%	51.07%
Operating Margin	17.99%	25.48%	23.21%	21.40%	20.88%
Profit Margin	10.26%	16.38%	12.48%	9.33%	9.24%
Free Cash Flow Margin	17.94%	26.45%	14.27%	16.98%	14.91%
EBITDA	126.38	160.67	151.56	128.62	114.76
EBITDA Margin	32.33%	37.47%	34.27%	33.66%	33.65%
D&A For EBITDA	56.06	51.41	48.91	46.84	43.56
EBIT	70.31	109.25	102.65	81.78	71.21
EBIT Margin	17.99%	25.48%	23.21%	21.40%	20.88%
Effective Tax Rate	2.15%	1.39%	1.80%	2.33%	2.34%
Revenue as Reported	390.91	428.84	442.26	382.17	341.06
Advertising Expenses	-	0.14	0.15	0.14	0.12

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