AS Tallinna Vesi Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	70.72	64.38	61.14	54.56	53.29	51.72
Revenue Growth (YoY)	12.71%	5.29%	12.07%	2.37%	3.05%	-18.46%
Selling, General & Admin	7.65	7.17	6.1	5.1	4.9	5.01
Other Operating Expenses	42.14	38.23	37.7	38.17	33.23	29.75
Total Operating Expenses	49.79	45.4	43.79	43.27	38.13	34.76
Operating Income	20.93	18.98	17.35	11.29	15.17	16.96
Interest Expense	-3.82	-4.31	-3.2	-0.65	-0.36	-0.45
Interest Income	0.11	0.19	0.12	0.01	0.01	0.03
Net Interest Expense	-3.7	-4.12	-3.08	-0.64	-0.35	-0.42
Other Non-Operating Income (Expenses)	-0.2	-0.08	-0.07	-0.03	-0.03	-0.02
EBT Excluding Unusual Items	17.03	14.78	14.21	10.61	14.79	16.51
Gain (Loss) on Sale of Assets	-	-	-	0.03	-	0.01
Legal Settlements	-	-	-	-	3.61	4.81
Pretax Income	17.03	14.78	14.21	10.65	18.4	21.34
Income Tax Expense	3.12	1.5	1.36	2.24	2.23	4.61
Net Income	13.91	13.28	12.84	8.41	16.17	16.73
Preferred Dividends & Other Adjustments	-	-	-	-	-	0
Net Income to Common	13.91	13.28	12.84	8.41	16.17	16.73
Net Income Growth	14.85%	3.42%	52.80%	-48.00%	-3.39%	-39.73%
Shares Outstanding (Basic)	20	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20	20
EPS (Basic)	0.70	0.66	0.64	0.42	0.81	0.84
EPS (Diluted)	0.70	0.66	0.64	0.42	0.81	0.84
EPS Growth	14.85%	3.42%	52.80%	-48.00%	-3.38%	-39.73%
Free Cash Flow	-25.25	-16.48	-4.37	-5.67	8.73	6.94
Free Cash Flow Per Share	-1.26	-0.82	-0.22	-0.28	0.44	0.35
Dividend Per Share	0.530	0.530	0.510	0.330	0.650	0.650
Dividend Growth	3.92%	3.92%	54.55%	-49.23%	-	-35.00%
Profit Margin	19.67%	20.63%	21.01%	15.41%	30.33%	32.35%
Free Cash Flow Margin	-35.70%	-25.60%	-7.15%	-10.40%	16.39%	13.42%
EBITDA	29.82	26.96	24.86	17.68	21.32	23.02
EBITDA Margin	42.16%	41.88%	40.66%	32.40%	40.01%	44.51%
D&A For EBITDA	8.89	7.98	7.51	6.39	6.15	6.06
EBIT	20.93	18.98	17.35	11.29	15.17	16.96
EBIT Margin	29.59%	29.49%	28.38%	20.69%	28.46%	32.79%
Effective Tax Rate	18.30%	10.12%	9.59%	21.04%	12.14%	21.60%

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