ULMA Construccion Polska 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	245.63	224.19	203.73	200.94	209.85
Revenue Growth (YoY)	9.56%	10.04%	1.38%	-4.25%	10.08%
Cost of Revenue	225.4	175.63	153.8	155.24	155.31
Gross Profit	20.23	48.56	49.93	45.7	54.54
Selling, General & Admin	-	27.66	25.69	26	22.6
Other Operating Expenses	-	1.7	0.75	3.29	0.49
Operating Expenses	-	29.36	26.44	29.29	23.09
Operating Income	20.23	19.2	23.49	16.42	31.45
Interest Expense	-	-1.57	-1.18	-1.06	-0.58
Interest & Investment Income	-	2.06	2.7	1.65	0.75
Earnings From Equity Investments	-	0.33	0.93	0.43	-0.65
Currency Exchange Gain (Loss)	-	-0.37	-0.1	1.79	0.25
Other Non Operating Income (Expenses)	-3.23	0.56	0.03	-	0.14
EBT Excluding Unusual Items	17	20.21	25.88	19.23	31.35
Gain (Loss) on Sale of Assets	-	0.2	-0.64	-0.17	0.68
Asset Writedown	-	0.21	-0.03	-0.94	-0.17
Pretax Income	17	20.63	25.2	18.12	31.87
Income Tax Expense	3.66	4.34	4.75	3.66	6.89
Net Income	13.34	16.29	20.45	14.46	24.98
Net Income to Common	13.34	16.29	20.45	14.46	24.98
Net Income Growth	-18.11%	-20.36%	41.50%	-42.13%	23.72%
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
EPS (Basic)	2.54	3.10	3.89	2.75	4.75
EPS (Diluted)	2.54	3.10	3.89	2.75	4.75
EPS Growth	-18.11%	-20.32%	41.45%	-42.10%	23.70%
Free Cash Flow	11.46	-47.47	20.19	-7.49	26.65
Free Cash Flow Per Share	2.18	-9.03	3.84	-1.43	5.07
Dividend Per Share	-	-	2.300	3.810	-
Dividend Growth	-	-	-39.63%	-	-
Gross Margin	8.23%	21.66%	24.51%	22.74%	25.99%
Operating Margin	8.23%	8.56%	11.53%	8.17%	14.99%
Profit Margin	5.43%	7.27%	10.04%	7.19%	11.90%
Free Cash Flow Margin	4.67%	-21.18%	9.91%	-3.73%	12.70%
EBITDA	76.2	67.96	64.39	64.76	71.28
EBITDA Margin	31.02%	30.31%	31.61%	32.23%	33.97%
D&A For EBITDA	55.98	48.76	40.9	48.34	39.83
EBIT	20.23	19.2	23.49	16.42	31.45
EBIT Margin	8.23%	8.56%	11.53%	8.17%	14.99%
Effective Tax Rate	21.51%	21.03%	18.85%	20.21%	21.62%

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