CBSE:BAL Income Statement

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

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	66.43	61.71	58.28	49.94	48.15	45.54
Revenue Growth (YoY)	15.65%	5.88%	16.69%	3.73%	5.73%	-3.25%
Cost of Revenue	6.08	5.16	9.16	2.26	2.58	2.43
Gross Profit	60.35	56.55	49.12	47.69	45.57	43.11
Selling, General & Admin	13.45	13.07	11.57	11.18	9.04	10.39
Other Operating Expenses	29.25	26.39	27.63	27.04	24.62	19.54
Operating Expenses	42.69	39.46	39.2	38.23	33.66	29.93
Operating Income	17.66	17.09	9.92	9.46	11.9	13.18
Interest Expense	-	-	-	-0.03	-	-
Interest & Investment Income	0.85	0.73	3.89	-	0.35	1.2
Other Non Operating Income (Expenses)	0	-	-	-	-	-0
EBT Excluding Unusual Items	18.51	17.81	13.8	9.43	12.26	14.38
Other Unusual Items	3.92	2.97	1.02	18.23	2.49	0.11
Pretax Income	22.43	20.78	14.82	27.65	14.74	14.49
Income Tax Expense	6.86	6.5	5.93	9.17	4.86	4.42
Net Income	15.57	14.28	8.89	18.49	9.89	10.07
Net Income to Common	15.57	14.28	8.89	18.49	9.89	10.07
Net Income Growth	25.27%	60.62%	-51.90%	86.96%	-1.77%	-34.95%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-1.28%	0.02%	-0.04%	0.01%	-0.04%	0.00%
EPS (Basic)	8.93	8.19	5.10	10.60	5.67	5.77
EPS (Diluted)	8.93	8.19	5.10	10.60	5.67	5.77
EPS Growth	26.89%	60.59%	-51.89%	86.95%	-1.73%	-34.95%
Free Cash Flow	-	9.62	6.5	-14.9	6.68	8.16
Free Cash Flow Per Share	-	5.52	3.73	-8.54	3.83	4.68
Dividend Per Share	5.000	5.000	5.500	5.500	5.000	4.600
Dividend Growth	-9.09%	-9.09%	-	10.00%	8.70%	-
Gross Margin	90.85%	91.63%	84.28%	95.48%	94.64%	94.66%
Operating Margin	26.58%	27.69%	17.02%	18.94%	24.72%	28.94%
Profit Margin	23.44%	23.14%	15.25%	37.01%	20.54%	22.10%
Free Cash Flow Margin	-	15.60%	11.15%	-29.83%	13.88%	17.92%
EBITDA	17.89	18.49	13.67	13.29	-	16.77
EBITDA Margin	26.94%	29.97%	23.45%	26.60%	-	36.84%
D&A For EBITDA	0.23	1.41	3.75	3.83	-	3.6
EBIT	17.66	17.09	9.92	9.46	11.9	13.18
EBIT Margin	26.58%	27.69%	17.02%	18.94%	24.72%	28.94%
Effective Tax Rate	30.58%	31.27%	40.01%	33.15%	32.93%	30.53%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.