Brodogradiliste Viktor Lenac d.d. (ZSE:VLEN)

ZSE:VLEN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	71.12	68.26	71.69	82.37	34.2	35.1
Other Revenue	15.29	18.45	15.07	1.09	5.26	3.93
Revenue	86.41	86.71	86.76	83.46	39.46	39.03
Revenue Growth (YoY)	-8.63%	-0.06%	3.95%	111.53%	1.09%	-8.57%
Cost of Revenue	62.17	61.68	61.67	51.14	22	20.12
Gross Profit	24.24	25.03	25.09	32.32	17.45	18.91
Selling, General & Admin	9.27	8.64	7.45	8.66	7.13	7.16
Other Operating Expenses	3.49	3.51	4.77	3.53	2.87	2.84
Operating Expenses	20.97	19	18.72	24.42	14.58	14.17
Operating Income	3.27	6.03	6.37	7.89	2.87	4.74
Interest Expense	-0.02	-0.03	-0.05	-0.09	-0.17	-0.22
Interest & Investment Income	0.14	0.14	0.1	0.03	0.03	0.03
Currency Exchange Gain (Loss)	-0.62	0.46	-0.41	0.45	0.34	0.07
Other Non Operating Income (Expenses)	-0.04	-	0.01	1.41	-	0.02
EBT Excluding Unusual Items	2.73	6.6	6.03	9.69	3.07	4.62
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.01
Gain (Loss) on Sale of Assets	0.01	0.01	0.01	0	0	0
Asset Writedown	-0	-0	-0	-0.01	-0.01	-0.01
Legal Settlements	-	-	-0.25	-1.6	-0.04	-0.03
Other Unusual Items	0.03	0.03	-	-	0	0.83
Pretax Income	2.77	6.64	5.79	8.1	3.06	5.59
Income Tax Expense	0.57	1.21	1.06	2.65	0.56	0.87
Earnings From Continuing Operations	2.21	5.43	4.73	5.45	2.51	4.73
Minority Interest in Earnings	0.08	-0	-0	-0.03	-0	-0.02
Net Income	2.29	5.42	4.73	5.42	2.51	4.71
Net Income to Common	2.29	5.42	4.73	5.42	2.51	4.71
Net Income Growth	-56.13%	14.77%	-12.87%	116.27%	-46.76%	67.77%
Shares Outstanding (Basic)	-	18	14	16	16	16
Shares Outstanding (Diluted)	-	18	14	16	16	16
Shares Change (YoY)	-	30.07%	-12.87%	-0.13%	0.16%	-0.77%
EPS (Basic)	-	0.30	0.34	0.34	0.16	0.30
EPS (Diluted)	-	0.30	0.34	0.34	0.16	0.30
EPS Growth	-	-11.77%	-	116.55%	-46.84%	69.08%
Free Cash Flow	2.6	-2.17	-2.66	14.38	2.29	4.68
Free Cash Flow Per Share	-	-0.12	-0.19	0.90	0.14	0.29
Dividend Per Share	-	-	-	-	0.156	-
Gross Margin	28.05%	28.86%	28.92%	38.72%	44.23%	48.44%
Operating Margin	3.78%	6.95%	7.34%	9.46%	7.27%	12.14%
Profit Margin	2.65%	6.25%	5.45%	6.50%	6.36%	12.07%
Free Cash Flow Margin	3.00%	-2.51%	-3.07%	17.23%	5.81%	11.99%
EBITDA	11.42	12.83	12.87	19.59	7.45	8.91
EBITDA Margin	13.22%	14.79%	14.83%	23.47%	18.89%	22.83%
D&A For EBITDA	8.15	6.8	6.5	11.69	4.59	4.17
EBIT	3.27	6.03	6.37	7.89	2.87	4.74
EBIT Margin	3.78%	6.95%	7.34%	9.46%	7.27%	12.14%
Effective Tax Rate	20.38%	18.27%	18.28%	32.72%	18.16%	15.51%
Revenue as Reported	89.43	89.73	87.68	85.28	39.82	40.53

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.