MOEX:MRKS 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	133,372	77,609	69,344	64,752	60,719
Revenue Growth (YoY)	71.85%	11.92%	7.09%	6.64%	5.04%
Operations & Maintenance	-	669.72	785.37	492.46	485.87
Selling, General & Admin	-	-	-	15.67	43.96
Provision for Bad Debts	-440.34	-1,113	3,081	291.31	1,518
Other Operating Expenses	122,839	71,737	65,325	59,859	55,493
Total Operating Expenses	122,399	71,294	69,192	60,658	57,540
Operating Income	10,974	6,315	152.26	4,093	3,178
Interest Expense	-9,500	-7,041	-4,135	-4,416	-2,689
Interest Income	-	356.74	214.62	257.24	43.85
Net Interest Expense	-9,500	-6,684	-3,920	-4,159	-2,645
Other Non-Operating Income (Expenses)	645.98	-11.48	153.71	201.23	137.44
EBT Excluding Unusual Items	2,120	-380.43	-3,614	135.88	670.8
Gain (Loss) on Sale of Assets	-	-4.93	-2.53	-5.68	14.89
Asset Writedown	-335.48	-587.16	-560.63	-410.2	15.94
Insurance Settlements	-	143.85	95.67	116.16	48.13
Other Unusual Items	-	26.25	566.87	-391.07	-
Pretax Income	1,784	-802.41	-3,515	-554.91	749.76
Income Tax Expense	656.31	178.17	-565.1	-368.32	53.42
Earnings From Continuing Ops.	1,128	-980.58	-2,949	-186.6	696.34
Net Income	1,128	-980.58	-2,949	-186.6	696.34
Net Income to Common	1,128	-980.58	-2,949	-186.6	696.34
Shares Outstanding (Basic)	112,793	99,886	99,886	99,886	99,886
Shares Outstanding (Diluted)	112,793	99,886	99,886	99,886	99,886
Shares Change (YoY)	12.92%	-	-	-	-
EPS (Basic)	0.01	-0.01	-0.03	-0.00	0.01
EPS (Diluted)	0.01	-0.01	-0.03	-0.00	0.01
Free Cash Flow	4,347	-5,632	-3,090	1,444	-1,888
Free Cash Flow Per Share	0.04	-0.06	-0.03	0.01	-0.02
Profit Margin	0.85%	-1.26%	-4.25%	-0.29%	1.15%
Free Cash Flow Margin	3.26%	-7.26%	-4.46%	2.23%	-3.11%
EBITDA	15,920	11,956	6,216	8,411	8,304
EBITDA Margin	11.94%	15.40%	8.96%	12.99%	13.68%
D&A For EBITDA	4,946	5,641	6,064	4,318	5,126
EBIT	10,974	6,315	152.26	4,093	3,178
EBIT Margin	8.23%	8.14%	0.22%	6.32%	5.23%
Effective Tax Rate	36.78%	-	-	-	7.12%

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