AS Merko Ehitus (TAL:MRK1T)

AS Merko Ehitus Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	503.36	539.05	466.3	409.63	339.38	315.92
Revenue Growth (YoY)	11.23%	15.60%	13.84%	20.70%	7.42%	-3.32%
Cost of Revenue	402.11	443.16	401.27	355.98	292.56	272.17
Gross Profit	101.25	95.89	65.04	53.66	46.81	43.75
Selling, General & Admin	27.46	26.94	23.74	19.94	17.54	17.62
Other Operating Expenses	2.33	1.39	0.08	1.26	-0.7	2.41
Operating Expenses	29.79	28.32	23.82	21.2	16.84	20.03
Operating Income	71.46	67.56	41.22	32.46	29.98	23.72
Interest Expense	-1.1	-1.82	-2.7	-1.18	-0.68	-0.72
Interest & Investment Income	3.93	3.93	2.44	2.26	2.13	1.5
Earnings From Equity Investments	6.05	4.86	10.22	3.52	0.8	-0.14
Currency Exchange Gain (Loss)	-0.91	-0.95	-0.17	-0.14	-0.01	-0.01
Other Non Operating Income (Expenses)	-0.83	-0.18	-0.17	-0.13	-0.2	-0.14
EBT Excluding Unusual Items	78.61	73.41	50.85	36.79	32.02	24.21
Gain (Loss) on Sale of Assets	2.92	2.92	0.96	0.31	0.11	0.25
Other Unusual Items	0.09	0.09	0.18	-	-	-
Pretax Income	81.62	76.41	51.98	37.1	32.13	24.46
Income Tax Expense	12.79	11.82	6.08	3	3.1	1.95
Earnings From Continuing Operations	68.83	64.59	45.9	34.1	29.02	22.5
Minority Interest in Earnings	0.04	0.07	0.15	0.54	0.12	0.49
Net Income	68.87	64.67	46.05	34.64	29.14	22.99
Net Income to Common	68.87	64.67	46.05	34.64	29.14	22.99
Net Income Growth	56.24%	40.44%	32.93%	18.87%	26.73%	41.33%
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
EPS (Basic)	3.89	3.65	2.60	1.96	1.65	1.30
EPS (Diluted)	3.89	3.65	2.60	1.96	1.65	1.30
EPS Growth	56.24%	40.44%	32.93%	18.87%	26.73%	41.33%
Free Cash Flow	44.11	56.03	113.74	-42.9	-2.6	58.19
Free Cash Flow Per Share	2.49	3.17	6.43	-2.42	-0.15	3.29
Dividend Per Share	1.900	1.900	1.300	1.000	1.000	1.000
Dividend Growth	46.15%	46.15%	30.00%	-	-	-
Gross Margin	20.11%	17.79%	13.95%	13.10%	13.79%	13.85%
Operating Margin	14.20%	12.53%	8.84%	7.92%	8.83%	7.51%
Profit Margin	13.68%	12.00%	9.88%	8.46%	8.59%	7.28%
Free Cash Flow Margin	8.76%	10.39%	24.39%	-10.47%	-0.77%	18.42%
EBITDA	73.16	69.38	43.45	34.19	31.37	25.14
EBITDA Margin	14.53%	12.87%	9.32%	8.34%	9.24%	7.96%
D&A For EBITDA	1.7	1.82	2.24	1.73	1.39	1.42
EBIT	71.46	67.56	41.22	32.46	29.98	23.72
EBIT Margin	14.20%	12.53%	8.84%	7.92%	8.83%	7.51%
Effective Tax Rate	15.67%	15.47%	11.70%	8.07%	9.66%	7.99%

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.