Solikamsk magnesium works Income Statement

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

Millions RUB. 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	9,435	11,213	12,405	13,048	9,188
Revenue Growth (YoY)	-15.86%	-9.61%	-4.92%	42.01%	15.40%
Cost of Revenue	10,785	11,169	10,365	7,982	7,435
Gross Profit	-1,350	43.94	2,040	5,066	1,752
Selling, General & Admin	1,582	1,610	1,420	1,053	995.4
Other Operating Expenses	338.78	228.18	602.34	268.05	74.3
Operating Expenses	1,921	1,839	2,023	1,322	1,070
Operating Income	-3,271	-1,795	17.06	3,745	682.53
Interest Expense	-132.45	-17.71	-12.08	-13.4	-129.6
Interest & Investment Income	54.76	244.76	189.94	93.25	9.25
Earnings From Equity Investments	161.67	251.59	201.2	190	220.71
Currency Exchange Gain (Loss)	-279.04	3.27	442.77	226.13	17.77
Other Non Operating Income (Expenses)	121.39	59.68	122.02	121.03	2.55
EBT Excluding Unusual Items	-3,345	-1,253	960.91	4,362	803.21
Gain (Loss) on Sale of Investments	-1.13	0.43	7.17	-8.39	-
Gain (Loss) on Sale of Assets	24.55	34.34	-	-	-0.21
Asset Writedown	-	-55.14	-13.69	42.15	-
Other Unusual Items	-	-	-4.07	-3.18	60.94
Pretax Income	-3,321	-1,273	950.33	4,392	863.95
Income Tax Expense	-116.52	-136.9	197.08	882.1	134.59
Net Income	-3,205	-1,137	753.26	3,510	729.36
Net Income to Common	-3,205	-1,137	753.26	3,510	729.36
Net Income Growth	-	-	-78.54%	381.25%	104.01%
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
Shares Change (YoY)	-	-0.07%	0.03%	0.02%	0.28%
EPS (Basic)	-8046.57	-2853.77	1890.00	8810.01	1831.00
EPS (Diluted)	-8046.57	-2853.77	1890.00	8810.01	1831.00
EPS Growth	-	-	-78.55%	381.16%	103.44%
Free Cash Flow	-3,082	-2,263	-168.47	2,079	694.94
Free Cash Flow Per Share	-7738.67	-5682.72	-422.71	5218.91	1744.60
Dividend Per Share	-	-	-	4406.560	380.000
Dividend Growth	-	-	-	1059.62%	-
Gross Margin	-14.31%	0.39%	16.44%	38.83%	19.07%
Operating Margin	-34.67%	-16.00%	0.14%	28.70%	7.43%
Profit Margin	-33.97%	-10.14%	6.07%	26.90%	7.94%
Free Cash Flow Margin	-32.67%	-20.18%	-1.36%	15.94%	7.56%
EBITDA	-2,534	-1,021	640.47	4,145	957
EBITDA Margin	-26.85%	-9.10%	5.16%	31.77%	10.42%
D&A For EBITDA	737.47	774.1	623.41	400.57	274.48
EBIT	-3,271	-1,795	17.06	3,745	682.53
EBIT Margin	-34.67%	-16.00%	0.14%	28.70%	7.43%
Effective Tax Rate	-	-	20.74%	20.08%	15.58%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.