Hortico Income Statement

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

Millions PLN. 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	210.29	205.69	197.1	155.53	158.09	152.27
Revenue Growth (YoY)	5.30%	4.36%	26.72%	-1.62%	3.82%	17.41%
Cost of Revenue	141.19	137.03	134.78	108.38	111.12	111.52
Gross Profit	69.11	68.66	62.31	47.15	46.97	40.75
Selling, General & Admin	38.27	36.76	33.04	24.45	21.55	20.17
Other Operating Expenses	10.34	10.03	9.17	6.43	5.61	3.94
Operating Expenses	51.37	49.53	45.53	33.09	29.21	26.24
Operating Income	17.73	19.13	16.79	14.06	17.76	14.51
Interest Expense	-0.69	-0.63	-0.38	-0.54	-0.56	-0.18
Interest & Investment Income	0.27	0.2	0.13	0.24	0.17	0.18
Earnings From Equity Investments	0.09	0.09	-	-	-	-
Currency Exchange Gain (Loss)	-	-	17.92	-96.55	-0.07	0.18
Other Non Operating Income (Expenses)	0.14	0.06	-17.78	95.82	-0.02	-0.16
EBT Excluding Unusual Items	17.54	18.84	16.68	13.03	17.29	14.54
Gain (Loss) on Sale of Assets	0.03	0.03	0.4	0.03	4.44	0.06
Asset Writedown	-	-	-	-	-0.47	0.25
Pretax Income	17.57	18.87	17.09	13.07	21.26	14.85
Income Tax Expense	3.79	4.04	3.41	2.53	4.19	2.75
Earnings From Continuing Operations	13.78	14.84	13.67	10.54	17.07	12.1
Minority Interest in Earnings	-	-	-	-	-0	-0
Net Income	13.78	14.84	13.67	10.54	17.07	12.1
Net Income to Common	13.78	14.84	13.67	10.54	17.07	12.1
Net Income Growth	8.78%	8.50%	29.73%	-38.24%	41.11%	93.23%
Shares Outstanding (Basic)	-	13	13	13	13	12
Shares Outstanding (Diluted)	-	13	13	13	13	12
Shares Change (YoY)	-	-	-	3.05%	3.32%	3.31%
EPS (Basic)	-	1.15	1.06	0.82	1.36	1.00
EPS (Diluted)	-	1.15	1.06	0.82	1.36	1.00
EPS Growth	-	8.50%	29.73%	-40.07%	36.57%	87.04%
Free Cash Flow	-7.98	-2.48	-5.16	6.92	-1.12	4.58
Free Cash Flow Per Share	-	-0.19	-0.40	0.54	-0.09	0.38
Dividend Per Share	-	-	0.350	0.250	0.350	0.350
Dividend Growth	-	-	40.00%	-28.57%	-	400.00%
Gross Margin	32.86%	33.38%	31.62%	30.32%	29.71%	26.76%
Operating Margin	8.43%	9.30%	8.52%	9.04%	11.24%	9.53%
Profit Margin	6.55%	7.21%	6.94%	6.78%	10.80%	7.94%
Free Cash Flow Margin	-3.80%	-1.21%	-2.62%	4.45%	-0.71%	3.00%
EBITDA	20.5	21.87	19.68	16.21	19.81	16.64
EBITDA Margin	9.75%	10.63%	9.99%	10.42%	12.53%	10.93%
D&A For EBITDA	2.76	2.74	2.9	2.15	2.05	2.13
EBIT	17.73	19.13	16.79	14.06	17.76	14.51
EBIT Margin	8.43%	9.30%	8.52%	9.04%	11.24%	9.53%
Effective Tax Rate	21.57%	21.40%	19.97%	19.34%	19.72%	18.52%
Revenue as Reported	210.29	205.69	197.1	155.53	158.09	152.27

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