Orzel Bialy 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
Revenue	574.8	699.02	736.89	885.94	662.69
Revenue Growth (YoY)	-17.77%	-5.14%	-16.83%	33.69%	29.33%
Cost of Revenue	471.64	553.33	580.13	719.38	550.45
Gross Profit	103.16	145.69	156.76	166.56	112.23
Selling, General & Admin	-	41.21	38.62	29.92	28.25
Other Operating Expenses	14.57	1.44	0.35	12.93	0.04
Operating Expenses	14.57	42.65	38.97	42.48	28.56
Operating Income	88.59	103.04	117.79	124.09	83.68
Interest Expense	-	-1.35	-1.17	-3.19	-1.11
Interest & Investment Income	-	18.54	12.84	4.29	0.25
Currency Exchange Gain (Loss)	-	2.93	3.62	3.68	0.28
Other Non Operating Income (Expenses)	-	-1.57	-0.1	-0.02	-0.24
EBT Excluding Unusual Items	88.59	121.59	132.97	128.85	82.87
Gain (Loss) on Sale of Assets	-	-0.06	-0.15	-	-0.19
Asset Writedown	-	-	1.35	-	-
Pretax Income	88.59	121.52	134.17	128.85	82.68
Income Tax Expense	15.69	22.16	27.65	28.47	19.25
Earnings From Continuing Operations	72.9	99.36	106.52	100.38	63.43
Net Income	72.9	99.36	106.52	100.38	63.43
Net Income to Common	72.9	99.36	106.52	100.38	63.43
Net Income Growth	-26.63%	-6.73%	6.12%	58.25%	30.41%
Shares Outstanding (Basic)	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17
EPS (Basic)	4.38	5.97	6.40	6.03	3.81
EPS (Diluted)	4.38	5.97	6.40	6.03	3.81
EPS Growth	-26.63%	-6.73%	6.12%	58.25%	30.46%
Free Cash Flow	114.74	135.37	84.51	92.24	-8.95
Free Cash Flow Per Share	6.89	8.13	5.08	5.54	-0.54
Dividend Per Share	-	1.200	1.000	-	-
Dividend Growth	-	20.00%	-	-	-
Gross Margin	17.95%	20.84%	21.27%	18.80%	16.94%
Operating Margin	15.41%	14.74%	15.98%	14.01%	12.63%
Profit Margin	12.68%	14.21%	14.46%	11.33%	9.57%
Free Cash Flow Margin	19.96%	19.36%	11.47%	10.41%	-1.35%
EBITDA	98.14	103.44	125.38	132.45	91.58
EBITDA Margin	17.07%	14.80%	17.02%	14.95%	13.82%
D&A For EBITDA	9.56	0.4	7.59	8.36	7.9
EBIT	88.59	103.04	117.79	124.09	83.68
EBIT Margin	15.41%	14.74%	15.98%	14.01%	12.63%
Effective Tax Rate	17.71%	18.24%	20.61%	22.10%	23.28%

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