PAO TMK Income Statement

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

Millions RUB. 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	492,426	532,165	544,265	629,185	428,981	222,621
Revenue Growth (YoY)	-9.17%	-2.22%	-13.50%	46.67%	92.70%	-11.16%
Cost of Revenue	378,420	413,346	387,117	466,211	337,022	172,973
Gross Profit	114,006	118,819	157,148	162,974	91,959	49,648
Selling, General & Admin	65,270	74,791	58,846	65,964	52,628	30,947
Research & Development	-	-	-	-	174	147
Other Operating Expenses	8,099	7,671	4,661	863	3,286	2,756
Operating Expenses	73,369	82,462	63,507	66,827	56,088	33,850
Operating Income	40,637	36,357	93,641	96,147	35,871	15,798
Interest Expense	-83,291	-68,879	-31,124	-33,859	-23,409	-13,477
Interest & Investment Income	7,142	5,538	3,119	3,213	2,421	1,603
Earnings From Equity Investments	-1,056	6,283	188	62	83	100
Currency Exchange Gain (Loss)	7,289	-3,777	-7,607	-3,221	-3,762	8,288
Other Non Operating Income (Expenses)	-2,098	-1,873	-6,678	-921	-1,075	-261
EBT Excluding Unusual Items	-31,377	-26,351	51,539	61,421	10,129	12,051
Gain (Loss) on Sale of Investments	-210	-120	1,004	694	3,518	-959
Gain (Loss) on Sale of Assets	6	-5,434	261	-4,258	-659	-347
Asset Writedown	-2,885	-1,111	-199	-2,731	-1,379	-4,257
Pretax Income	-34,466	-33,016	52,605	55,126	11,609	6,488
Income Tax Expense	-5,305	-5,288	13,221	13,197	4,426	2,650
Earnings From Continuing Operations	-29,161	-27,728	39,384	41,929	7,183	3,838
Earnings From Discontinued Operations	-	-	-	-	-	20,463
Net Income to Company	-29,161	-27,728	39,384	41,929	7,183	24,301
Minority Interest in Earnings	4,264	3,844	-552	440	-209	-30
Net Income	-24,897	-23,884	38,832	42,369	6,974	24,271
Net Income to Common	-24,897	-23,884	38,832	42,369	6,974	24,271
Net Income Growth	-	-	-8.35%	507.53%	-71.27%	531.40%
Shares Outstanding (Basic)	1,052	1,046	1,033	1,033	1,033	956
Shares Outstanding (Diluted)	1,052	1,046	1,033	1,033	1,033	956
Shares Change (YoY)	1.48%	1.26%	-	-	8.07%	-7.40%
EPS (Basic)	-23.67	-22.83	37.59	41.01	6.75	25.39
EPS (Diluted)	-23.67	-22.83	37.59	41.01	6.75	25.39
EPS Growth	-	-	-8.35%	507.53%	-73.41%	581.86%
Free Cash Flow	63,718	92,829	24,473	17,305	80,784	38,128
Free Cash Flow Per Share	60.57	88.73	23.69	16.75	78.19	39.88
Dividend Per Share	-	-	22.960	16.460	18.530	12.670
Dividend Growth	-	-	39.49%	-11.17%	46.25%	-
Gross Margin	23.15%	22.33%	28.87%	25.90%	21.44%	22.30%
Operating Margin	8.25%	6.83%	17.21%	15.28%	8.36%	7.10%
Profit Margin	-5.06%	-4.49%	7.13%	6.73%	1.63%	10.90%
Free Cash Flow Margin	12.94%	17.44%	4.50%	2.75%	18.83%	17.13%
EBITDA	66,990	62,130	116,201	122,626	52,681	28,291
EBITDA Margin	13.60%	11.68%	21.35%	19.49%	12.28%	12.71%
D&A For EBITDA	26,353	25,773	22,560	26,479	16,810	12,493
EBIT	40,637	36,357	93,641	96,147	35,871	15,798
EBIT Margin	8.25%	6.83%	17.21%	15.28%	8.36%	7.10%
Effective Tax Rate	-	-	25.13%	23.94%	38.13%	40.84%
Advertising Expenses	-	-	-	-	905	547

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