Societe Tunisienne de Verreries (BVMT:SOTUV)

BVMT:SOTUV Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	262.26	235.11	262.36	156.19	104.9	91.09
Other Revenue	6.61	3.56	0.2	-	2.75	0.94
Revenue	268.87	238.67	262.55	156.19	107.65	92.03
Revenue Growth (YoY)	72.14%	-9.10%	68.10%	45.09%	16.98%	-6.76%
Cost of Revenue	95.91	85.4	99.37	83.37	51.96	46.78
Gross Profit	172.96	153.27	163.19	72.82	55.69	45.24
Selling, General & Admin	31.05	27.6	22.36	15.75	12.78	11.16
Other Operating Expenses	10.28	8.96	19.23	7.32	6.5	5.27
Operating Expenses	87.22	79.61	77.03	35.31	29.68	27.72
Operating Income	85.75	73.66	86.16	37.51	26.01	17.53
Interest Expense	-30.2	-28.39	-22.89	-6.43	-5.53	-4.69
Interest & Investment Income	4.75	5.7	6.25	2.03	1.28	-
Currency Exchange Gain (Loss)	0.05	-1.54	-0.14	0.11	-0.1	-0
Other Non Operating Income (Expenses)	-0.83	-0.31	-0.76	-0.5	-0.13	-0.06
EBT Excluding Unusual Items	59.52	49.13	68.61	32.71	21.53	12.78
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.02
Other Unusual Items	-0.05	0.74	2.75	-0.04	-0.03	-1.11
Pretax Income	59.07	49.87	71.36	32.68	21.5	11.69
Income Tax Expense	2.16	2.27	5.1	3.55	1.58	0.94
Earnings From Continuing Operations	56.91	47.6	66.26	29.13	19.93	10.74
Minority Interest in Earnings	-1.92	-5.8	-19.62	0.78	0.06	-0.09
Net Income	54.98	41.79	46.64	29.91	19.99	10.65
Net Income to Common	54.98	41.79	46.64	29.91	19.99	10.65
Net Income Growth	83.86%	-10.40%	55.96%	49.64%	87.63%	-8.68%
Shares Outstanding (Basic)	39	39	39	39	39	35
Shares Outstanding (Diluted)	39	39	39	39	39	35
Shares Change (YoY)	-	-	-	-	11.15%	-10.03%
EPS (Basic)	1.40	1.06	1.19	0.76	0.51	0.30
EPS (Diluted)	1.40	1.06	1.19	0.76	0.51	0.30
EPS Growth	83.86%	-10.40%	55.96%	49.64%	68.81%	1.50%
Free Cash Flow	44.88	-18.31	-47.13	-46.65	8.93	15.44
Free Cash Flow Per Share	1.14	-0.47	-1.20	-1.19	0.23	0.44
Dividend Per Share	-	-	0.550	0.550	0.339	0.288
Dividend Growth	-	-	-	62.48%	17.66%	-
Gross Margin	64.33%	64.22%	62.15%	46.62%	51.73%	49.16%
Operating Margin	31.89%	30.86%	32.82%	24.02%	24.16%	19.04%
Profit Margin	20.45%	17.51%	17.77%	19.15%	18.57%	11.57%
Free Cash Flow Margin	16.69%	-7.67%	-17.95%	-29.87%	8.29%	16.78%
EBITDA	120.81	106.4	112.91	47.07	35.69	27.43
EBITDA Margin	44.93%	44.58%	43.00%	30.13%	33.16%	29.80%
D&A For EBITDA	35.06	32.74	26.75	9.55	9.68	9.9
EBIT	85.75	73.66	86.16	37.51	26.01	17.53
EBIT Margin	31.89%	30.86%	32.82%	24.02%	24.16%	19.04%
Effective Tax Rate	3.66%	4.56%	7.15%	10.85%	7.33%	8.08%
Revenue as Reported	275.44	246.96	267.82	160.37	107.89	92.43

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