Ilirija d.d. (ZSE:ILRA)

Ilirija d.d. Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	32.91	32.57	30.02	27.85	23.56	17.1
Other Revenue	0.03	0.03	0.05	0.09	0.06	0.04
Revenue	32.94	32.6	30.07	27.94	23.62	17.15
Revenue Growth (YoY)	8.83%	8.42%	7.62%	18.30%	37.77%	43.46%
Cost of Revenue	16.55	16.42	15.25	13.67	10.65	7.51
Gross Profit	16.4	16.18	14.83	14.28	12.97	9.63
Selling, General & Admin	0.79	0.79	0.74	0.68	0.46	0.29
Amortization of Goodwill & Intangibles	0.05	0.05	0.05	0.01	0.02	0
Other Operating Expenses	7.47	7.53	6.49	6.14	5.36	2.92
Operating Expenses	11.54	11.59	10.45	10.06	8.78	5.79
Operating Income	4.85	4.59	4.37	4.21	4.18	3.84
Interest Expense	-0.4	-0.41	-0.46	-0.48	-0.41	-0.42
Interest & Investment Income	0.33	0.33	0.33	0.24	0	-
Currency Exchange Gain (Loss)	-0.02	-	-	-0	0.01	0.03
Other Non Operating Income (Expenses)	0.06	0.06	0.15	0.05	0.05	0.04
EBT Excluding Unusual Items	4.82	4.56	4.4	4.03	3.83	3.49
Pretax Income	4.87	4.61	4.43	4.07	3.86	3.51
Income Tax Expense	0.89	0.89	0.86	0.79	0.74	0.56
Net Income	3.98	3.72	3.58	3.28	3.12	2.95
Net Income to Common	3.98	3.72	3.58	3.28	3.12	2.95
Net Income Growth	8.81%	4.11%	9.04%	5.19%	5.68%	2079.35%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	0.33%	0.44%	-0.25%	-0.39%	0.33%	0.01%
EPS (Basic)	1.65	1.55	1.49	1.36	1.29	1.23
EPS (Diluted)	1.65	1.55	1.49	1.36	1.29	1.23
EPS Growth	8.46%	3.65%	9.32%	5.60%	5.33%	2079.04%
Free Cash Flow	3.69	3.71	5.17	3.03	3.54	4.51
Free Cash Flow Per Share	1.53	1.54	2.16	1.26	1.47	1.88
Dividend Per Share	0.840	0.840	0.800	0.700	0.550	0.466
Dividend Growth	5.00%	5.00%	14.29%	27.27%	18.10%	-
Gross Margin	49.77%	49.64%	49.30%	51.09%	54.90%	56.18%
Operating Margin	14.73%	14.09%	14.55%	15.08%	17.71%	22.39%
Profit Margin	12.07%	11.42%	11.89%	11.74%	13.20%	17.21%
Free Cash Flow Margin	11.22%	11.37%	17.19%	10.84%	14.97%	26.33%
EBITDA	8.14	7.86	7.6	7.45	7.15	6.38
EBITDA Margin	24.70%	24.12%	25.27%	26.67%	30.26%	37.18%
D&A For EBITDA	3.28	3.27	3.22	3.24	2.96	2.54
EBIT	4.85	4.59	4.37	4.21	4.18	3.84
EBIT Margin	14.73%	14.09%	14.55%	15.08%	17.71%	22.39%
Effective Tax Rate	18.31%	19.32%	19.35%	19.43%	19.21%	15.88%
Revenue as Reported	33.21	32.83	30.35	28.05	23.73	17.89
Advertising Expenses	-	0.79	0.74	0.68	0.46	0.29

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