AS Tallinna Sadam (TAL:TSM1T)

AS Tallinna Sadam 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	118.33	119.59	116.65	121.7	110.05	107.36
Revenue Growth (YoY)	-0.42%	2.52%	-4.15%	10.59%	2.51%	-17.76%
Cost of Revenue	59.89	64.45	63.71	63.06	53.96	47.38
Gross Profit	58.44	55.14	52.93	58.64	56.09	59.98
Selling, General & Admin	0.24	0.2	0.24	0.29	0.25	0.23
Other Operating Expenses	2.06	2.69	4.87	2.58	3.06	3.18
Operating Expenses	26.63	27.22	29.58	27.61	27.83	27.08
Operating Income	31.81	27.91	23.36	31.03	28.26	32.89
Interest Expense	-6.3	-8.21	-7.4	-1.98	-1.37	-1.68
Interest & Investment Income	0.99	0.9	1.24	0.22	0.1	0.04
Earnings From Equity Investments	0.07	0.49	0.44	0.8	0.41	-0.46
Currency Exchange Gain (Loss)	-	-	-0.03	-0.03	-0.01	-0.01
Other Non Operating Income (Expenses)	2.49	1.67	2.19	0.25	1.1	0.93
EBT Excluding Unusual Items	29.07	22.76	19.79	30.29	28.49	31.71
Gain (Loss) on Sale of Assets	0.02	0.02	-	0.07	0.63	2.14
Asset Writedown	-0.51	-0.5	-0.93	-0.57	-0.24	-0.42
Pretax Income	28.58	22.28	18.87	29.79	28.89	33.43
Income Tax Expense	5.42	3.13	2.99	4.19	3.28	4.91
Net Income	23.16	19.15	15.88	25.59	25.61	28.52
Net Income to Common	23.16	19.15	15.88	25.59	25.61	28.52
Net Income Growth	30.69%	20.60%	-37.94%	-0.08%	-10.19%	-35.78%
Shares Outstanding (Basic)	263	263	263	263	263	263
Shares Outstanding (Diluted)	263	263	263	263	263	263
EPS (Basic)	0.09	0.07	0.06	0.10	0.10	0.11
EPS (Diluted)	0.09	0.07	0.06	0.10	0.10	0.11
EPS Growth	30.69%	20.60%	-37.94%	-0.08%	-10.19%	-35.78%
Free Cash Flow	28.17	9.75	26.01	36.95	35.63	13.71
Free Cash Flow Per Share	0.11	0.04	0.10	0.14	0.14	0.05
Dividend Per Share	0.073	0.073	0.073	0.073	0.097	0.077
Dividend Growth	-	-	-	-24.74%	25.97%	-33.04%
Gross Margin	49.39%	46.11%	45.38%	48.18%	50.97%	55.86%
Operating Margin	26.88%	23.34%	20.02%	25.49%	25.68%	30.64%
Profit Margin	19.57%	16.02%	13.62%	21.03%	23.27%	26.56%
Free Cash Flow Margin	23.81%	8.15%	22.30%	30.36%	32.37%	12.77%
EBITDA	55.72	51.83	47.28	55.13	52.16	55.99
EBITDA Margin	47.09%	43.34%	40.53%	45.30%	47.40%	52.15%
D&A For EBITDA	23.91	23.91	23.92	24.1	23.9	23.09
EBIT	31.81	27.91	23.36	31.03	28.26	32.89
EBIT Margin	26.88%	23.34%	20.02%	25.49%	25.68%	30.64%
Effective Tax Rate	18.95%	14.03%	15.82%	14.08%	11.34%	14.70%
Advertising Expenses	-	0.2	0.24	0.29	0.25	0.23

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