SALUS, Ljubljana, d. d. Income Statement

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

Millions EUR. 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	696.19	648.83	599.44	495.67	458.28
Revenue Growth (YoY)	7.30%	8.24%	20.93%	8.16%	14.38%
Cost of Revenue	612.97	575.31	539.27	441.85	404.77
Gross Profit	83.22	73.52	60.17	53.82	53.51
Selling, General & Admin	62.28	55.94	46.74	39.6	38.14
Other Operating Expenses	1.29	0.82	0.17	-1.23	0.08
Operating Expenses	63.57	56.76	46.91	38.37	38.22
Operating Income	19.65	16.76	13.26	15.44	15.29
Interest Expense	-0.99	-0.95	-0.75	-0.21	-0.21
Interest & Investment Income	1.95	0.97	0.61	0.69	0.64
Other Non Operating Income (Expenses)	0.51	-0.22	-0.1	-0.09	0.5
EBT Excluding Unusual Items	21.12	16.56	13.02	15.83	16.22
Gain (Loss) on Sale of Investments	0.32	0.16	0.13	0.06	0.16
Gain (Loss) on Sale of Assets	0.1	-0.02	0.08	1.04	0.29
Asset Writedown	-0.08	-0.03	-0.14	-0.52	-0.3
Pretax Income	21.47	16.67	13.09	16.41	16.37
Income Tax Expense	4.5	3.65	2.69	3.32	3.37
Earnings From Continuing Operations	16.96	13.02	10.4	13.1	13.01
Minority Interest in Earnings	-0.28	-0.16	-0.13	-	-
Net Income	16.68	12.85	10.27	13.1	13.01
Net Income to Common	16.68	12.85	10.27	13.1	13.01
Net Income Growth	29.78%	25.14%	-21.56%	0.69%	28.38%
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	-	0.39%	0.56%	-	-
EPS (Basic)	2.03	1.56	1.25	1.61	1.60
EPS (Diluted)	2.03	1.56	1.25	1.61	1.60
EPS Growth	29.78%	24.65%	-22.00%	0.69%	28.38%
Free Cash Flow	13.09	8.53	15.98	9.38	18.85
Free Cash Flow Per Share	1.59	1.04	1.95	1.15	2.31
Dividend Per Share	-	1.026	0.897	0.897	0.833
Dividend Growth	-	14.29%	-	7.69%	18.18%
Gross Margin	11.95%	11.33%	10.04%	10.86%	11.68%
Operating Margin	2.82%	2.58%	2.21%	3.12%	3.34%
Profit Margin	2.40%	1.98%	1.71%	2.64%	2.84%
Free Cash Flow Margin	1.88%	1.31%	2.67%	1.89%	4.11%
EBITDA	25.44	22.73	16.71	18.32	18.04
EBITDA Margin	3.65%	3.50%	2.79%	3.70%	3.94%
D&A For EBITDA	5.8	5.96	3.45	2.88	2.75
EBIT	19.65	16.76	13.26	15.44	15.29
EBIT Margin	2.82%	2.58%	2.21%	3.12%	3.34%
Effective Tax Rate	20.98%	21.90%	20.56%	20.21%	20.57%

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