BVMT:TLS 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
Operating Revenue	159.67	360.22	296.38	267.2	257.33
Other Revenue	3.51	3.98	2.33	6.51	2.95
Revenue	163.18	364.2	298.7	273.7	260.28
Revenue Growth (YoY)	-55.19%	21.93%	9.13%	5.16%	-7.36%
Cost of Revenue	17.07	40.36	27.79	22.08	20.3
Gross Profit	146.11	323.84	270.91	251.62	239.98
Selling, General & Admin	27.7	54.66	50.7	47.22	43.01
Other Operating Expenses	8.89	32.18	33.55	32.93	30.63
Operating Expenses	42.52	107.23	100	102.06	111.05
Operating Income	103.6	216.6	170.91	149.56	128.92
Interest Expense	-67.25	-124.92	-110.38	-101.03	-102.73
Interest & Investment Income	0.04	0.04	-	-	-
Earnings From Equity Investments	12.58	0.67	0.28	0.06	0.19
Other Non Operating Income (Expenses)	-0.12	-1.36	2.88	-1.87	-5.28
EBT Excluding Unusual Items	48.85	91.02	63.68	46.73	21.1
Gain (Loss) on Sale of Investments	0.83	-0.55	-0.01	-0.11	-4.16
Asset Writedown	-	-	-	0.41	-0.41
Pretax Income	49.69	90.47	63.67	47.04	16.53
Income Tax Expense	25.48	35.46	26.11	17.48	9.76
Earnings From Continuing Operations	24.21	55.02	37.56	29.55	6.77
Minority Interest in Earnings	-0	-17.55	-9.34	-8.85	4.27
Net Income	24.2	37.47	28.22	20.71	11.04
Net Income to Common	24.2	37.47	28.22	20.71	11.04
Net Income Growth	-35.41%	32.79%	36.27%	87.55%	22.95%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
EPS (Basic)	2.24	3.47	2.61	1.92	1.02
EPS (Diluted)	2.24	3.47	2.61	1.92	1.02
EPS Growth	-35.41%	32.79%	36.27%	87.55%	22.95%
Free Cash Flow	18.14	-34.7	-78.04	13.45	101.37
Free Cash Flow Per Share	1.68	-3.21	-7.23	1.25	9.39
Dividend Per Share	1.150	1.150	1.100	0.850	0.500
Dividend Growth	-	4.54%	29.41%	70.00%	38.89%
Gross Margin	89.54%	88.92%	90.70%	91.93%	92.20%
Operating Margin	63.48%	59.47%	57.22%	54.64%	49.53%
Profit Margin	14.83%	10.29%	9.45%	7.56%	4.24%
Free Cash Flow Margin	11.12%	-9.53%	-26.13%	4.91%	38.95%
EBITDA	105.02	223.88	178.03	154.55	133.18
EBITDA Margin	64.35%	61.47%	59.60%	56.46%	51.17%
D&A For EBITDA	1.42	7.28	7.12	4.98	4.26
EBIT	103.6	216.6	170.91	149.56	128.92
EBIT Margin	63.48%	59.47%	57.22%	54.64%	49.53%
Effective Tax Rate	51.28%	39.19%	41.01%	37.16%	59.03%
Revenue as Reported	165.37	366.58	301.24	276.51	-

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