MUN:KUL 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
Operating Revenue	290.64	290.87	281.99	261.28	240.57
Revenue	290.64	290.87	281.99	261.28	240.57
Revenue Growth (YoY)	-0.08%	3.15%	7.93%	8.61%	1.60%
Cost of Revenue	118.51	123.19	121.23	105.26	98.02
Gross Profit	172.13	167.68	160.76	156.01	142.55
Selling, General & Admin	69.81	65.2	61.02	57.56	54.38
Other Operating Expenses	63.7	64.2	62.65	61.44	52.96
Operating Expenses	163.18	158.19	152.52	146.44	134.05
Operating Income	8.95	9.49	8.24	9.57	8.5
Interest Expense	-2.04	-2.23	-1.57	-0.71	-0.63
Interest & Investment Income	0.48	0.61	0.46	0.15	0.15
Earnings From Equity Investments	-0.14	-0.52	-0.32	0.03	-0.07
Other Non Operating Income (Expenses)	0.84	0.97	0.64	-	-
EBT Excluding Unusual Items	8.09	8.33	7.45	9.04	7.95
Gain (Loss) on Sale of Assets	0.39	0.41	0.25	2.74	1.27
Asset Writedown	-3.24	-	-0.08	0.08	-0.3
Other Unusual Items	0.45	0.57	0.68	0.6	1.54
Pretax Income	6.51	10.41	8.57	12.58	10.72
Income Tax Expense	1.58	3.4	2.58	4.02	3.13
Net Income	4.93	7.01	5.99	8.57	7.59
Net Income to Common	4.93	7.01	5.99	8.57	7.59
Net Income Growth	-29.69%	16.99%	-30.07%	12.90%	15.18%
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
EPS (Basic)	1.47	2.09	1.78	2.55	2.26
EPS (Diluted)	1.47	2.09	1.78	2.55	2.26
EPS Growth	-29.69%	16.99%	-30.07%	12.90%	15.18%
Free Cash Flow	19.2	20.67	4.61	3.34	6.31
Free Cash Flow Per Share	5.71	6.15	1.37	0.99	1.88
Dividend Per Share	0.600	1.350	1.000	1.500	1.500
Dividend Growth	-55.56%	35.00%	-33.33%	-	-
Gross Margin	59.22%	57.65%	57.01%	59.71%	59.25%
Operating Margin	3.08%	3.26%	2.92%	3.66%	3.53%
Profit Margin	1.70%	2.41%	2.13%	3.28%	3.15%
Free Cash Flow Margin	6.60%	7.11%	1.64%	1.28%	2.62%
EBITDA	30.45	30.01	28.69	28.73	27.12
EBITDA Margin	10.47%	10.32%	10.17%	10.99%	11.28%
D&A For EBITDA	21.5	20.52	20.45	19.15	18.62
EBIT	8.95	9.49	8.24	9.57	8.5
EBIT Margin	3.08%	3.26%	2.92%	3.66%	3.53%
Effective Tax Rate	24.28%	32.69%	30.10%	31.92%	29.21%

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