AS Tallinna Vesi Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	74.47	72.48	65.08	61.14	54.56	53.29
Revenue Growth (YoY)	14.09%	11.38%	6.44%	12.07%	2.37%	3.05%
Selling, General & Admin	7.83	7.74	7.17	6.1	5.1	4.9
Other Operating Expenses	44.46	43.52	38.93	37.7	38.17	33.23
Total Operating Expenses	52.3	51.26	46.1	43.79	43.27	38.13
Operating Income	22.18	21.22	18.98	17.35	11.29	15.17
Interest Expense	-3.89	-3.77	-4.31	-3.2	-0.65	-0.36
Interest Income	0.11	0.11	0.19	0.12	0.01	0.01
Net Interest Expense	-3.78	-3.67	-4.12	-3.08	-0.64	-0.35
Other Non-Operating Income (Expenses)	-0.13	-0.12	-0.08	-0.07	-0.03	-0.03
EBT Excluding Unusual Items	18.27	17.43	14.78	14.21	10.61	14.79
Gain (Loss) on Sale of Assets	-	-	-	-	0.03	-
Legal Settlements	-	-	-	-	-	3.61
Pretax Income	18.27	17.43	14.78	14.21	10.65	18.4
Income Tax Expense	3.18	3.19	1.5	1.36	2.24	2.23
Net Income	15.08	14.24	13.28	12.84	8.41	16.17
Net Income to Common	15.08	14.24	13.28	12.84	8.41	16.17
Net Income Growth	10.02%	7.22%	3.42%	52.80%	-48.00%	-3.39%
Shares Outstanding (Basic)	20	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20	20
EPS (Basic)	0.75	0.71	0.66	0.64	0.42	0.81
EPS (Diluted)	0.75	0.71	0.66	0.64	0.42	0.81
EPS Growth	9.81%	7.22%	3.42%	52.80%	-48.00%	-3.38%
Free Cash Flow	-22.81	-22.4	-16.48	-4.37	-5.67	8.73
Free Cash Flow Per Share	-1.14	-1.12	-0.82	-0.22	-0.28	0.44
Dividend Per Share	-	0.570	0.530	0.510	0.330	0.650
Dividend Growth	-	7.55%	3.92%	54.55%	-49.23%	-
Profit Margin	20.25%	19.65%	20.41%	21.01%	15.41%	30.33%
Free Cash Flow Margin	-30.64%	-30.91%	-25.33%	-7.15%	-10.40%	16.39%
EBITDA	31.59	30.42	26.96	24.86	17.68	21.32
EBITDA Margin	42.42%	41.97%	41.43%	40.66%	32.40%	40.01%
D&A For EBITDA	9.42	9.2	7.98	7.51	6.39	6.15
EBIT	22.18	21.22	18.98	17.35	11.29	15.17
EBIT Margin	29.78%	29.27%	29.17%	28.38%	20.69%	28.46%
Effective Tax Rate	17.43%	18.31%	10.12%	9.59%	21.04%	12.14%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.