Lokum Deweloper Income Statement

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

Millions PLN. 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	106.38	189.28	451.31	366.74	309.85
Revenue	106.38	189.28	451.31	366.74	309.85
Revenue Growth (YoY)	-43.80%	-58.06%	23.06%	18.36%	62.23%
Cost of Revenue	65.33	117.12	281.61	231.4	197
Gross Profit	41.05	72.16	169.7	135.34	112.84
Selling, General & Admin	40.91	30.88	31.77	26.02	25.17
Other Operating Expenses	-48.69	-1.53	-0.98	-0.3	0.1
Operating Expenses	-7.84	28.99	20.53	33.75	25.46
Operating Income	48.89	43.17	149.17	101.59	87.38
Interest Expense	-11.91	-5.92	-12.11	-25.83	-14.29
Interest & Investment Income	5.12	7.85	2.79	1	0.16
Currency Exchange Gain (Loss)	-	-0	-	0	-0
Other Non Operating Income (Expenses)	-	-0.03	-0.01	-0.03	0.03
EBT Excluding Unusual Items	42.1	45.07	139.85	76.73	73.28
Gain (Loss) on Sale of Assets	-	0.36	32.62	0.19	0.1
Other Unusual Items	-	-	-0.07	-	-
Pretax Income	42.1	45.43	172.4	76.92	73.38
Income Tax Expense	8.68	9.65	30.04	16.03	13.23
Earnings From Continuing Operations	33.41	35.78	142.36	60.9	60.15
Minority Interest in Earnings	-	-1.65	-4.35	-3.61	-4.56
Net Income	33.41	34.13	138.01	57.29	55.59
Net Income to Common	33.41	34.13	138.01	57.29	55.59
Net Income Growth	-2.09%	-75.27%	140.92%	3.06%	221.81%
Shares Outstanding (Basic)	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18
Shares Change (YoY)	-0.20%	-	-	-	-
EPS (Basic)	1.86	1.90	7.67	3.18	3.09
EPS (Diluted)	1.86	1.90	7.67	3.18	3.09
EPS Growth	-1.89%	-75.27%	141.11%	2.97%	221.81%
Free Cash Flow	-	-56.78	347.05	136.96	-33.66
Free Cash Flow Per Share	-	-3.15	19.28	7.61	-1.87
Dividend Per Share	-	0.500	2.400	1.690	1.650
Dividend Growth	-	-79.17%	42.01%	2.42%	230.00%
Gross Margin	38.59%	38.12%	37.60%	36.90%	36.42%
Operating Margin	45.96%	22.80%	33.05%	27.70%	28.20%
Profit Margin	31.41%	18.03%	30.58%	15.62%	17.94%
Free Cash Flow Margin	-	-30.00%	76.90%	37.35%	-10.86%
EBITDA	50.28	44.41	150.35	102.96	88.83
EBITDA Margin	47.27%	23.46%	33.31%	28.07%	28.67%
D&A For EBITDA	1.4	1.24	1.17	1.37	1.45
EBIT	48.89	43.17	149.17	101.59	87.38
EBIT Margin	45.96%	22.80%	33.05%	27.70%	28.20%
Effective Tax Rate	20.63%	21.25%	17.42%	20.83%	18.03%

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