Bulgarian Stock Exchange AD (BUL:BSE)

BUL:BSE Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	19.3	19.1	17.71	17.26	16.02	12.51
Other Revenue	0.06	0.05	0.05	0.04	-	-
Revenue	19.35	19.15	17.76	17.3	16.02	12.51
Revenue Growth (YoY)	70.60%	7.84%	2.70%	7.93%	28.06%	19.98%
Cost of Revenue	0.16	0.17	0.1	0.19	0.21	0.15
Gross Profit	19.19	18.98	17.66	17.1	15.82	12.37
Selling, General & Admin	11.97	11.9	10.22	8.39	7.29	6.31
Other Operating Expenses	-0.06	-0.09	0.17	-0.05	-0.05	0.54
Operating Expenses	12.74	12.63	11.22	12.09	8.63	7.51
Operating Income	6.45	6.35	6.45	5.01	7.18	4.86
Interest Expense	-0.01	-0.01	-0.01	-	-0.01	-0.01
Interest & Investment Income	28.25	14.32	8.56	0.66	0.17	0.07
Earnings From Equity Investments	0.05	0.05	0.08	0.01	0.01	-0
Currency Exchange Gain (Loss)	-0.01	-0.01	-0	-0.05	-0	-
Other Non Operating Income (Expenses)	-1.15	-1.15	-1.31	-0.52	-	-0
EBT Excluding Unusual Items	33.58	19.55	13.76	5.1	7.36	4.92
Gain (Loss) on Sale of Investments	-0.03	-0.05	-	-	-	-0
Gain (Loss) on Sale of Assets	-	-	-	0.02	0.03	-
Legal Settlements	-0.64	-0.64	0.24	-	-	-
Other Unusual Items	-	-	-	0	0.01	0.02
Pretax Income	32.91	18.86	14	5.13	7.41	4.94
Income Tax Expense	1.96	1.96	1.48	0.6	0.8	0.6
Net Income	30.95	16.9	12.52	4.53	6.61	4.34
Net Income to Common	30.95	16.9	12.52	4.53	6.61	4.34
Net Income Growth	197.11%	34.97%	176.22%	-31.37%	52.33%	56.59%
Shares Outstanding (Basic)	13	13	13	10	10	10
Shares Outstanding (Diluted)	13	13	13	10	10	10
Shares Change (YoY)	-12.91%	0.23%	33.33%	-0.72%	-1.44%	-0.01%
EPS (Basic)	2.42	1.31	0.97	0.47	0.68	0.44
EPS (Diluted)	2.42	1.31	0.97	0.47	0.68	0.44
EPS Growth	241.14%	34.66%	107.16%	-30.88%	54.56%	56.61%
Free Cash Flow	279.76	279.78	75.93	-48.08	142.82	67.05
Free Cash Flow Per Share	21.84	21.67	5.89	-4.98	14.68	6.79
Dividend Per Share	0.450	0.450	0.197	0.693	0.688	0.053
Dividend Growth	128.08%	128.08%	-71.54%	0.71%	1191.56%	161.27%
Gross Margin	99.17%	99.10%	99.45%	98.88%	98.71%	98.84%
Operating Margin	33.34%	33.15%	36.30%	28.96%	44.83%	38.83%
Profit Margin	159.96%	88.23%	70.49%	26.21%	41.22%	34.65%
Free Cash Flow Margin	1445.77%	1460.68%	427.48%	-278.02%	891.29%	535.83%
EBITDA	7	6.94	7.04	5.61	7.7	5.4
EBITDA Margin	36.15%	36.22%	39.64%	32.42%	48.02%	43.18%
D&A For EBITDA	0.54	0.59	0.59	0.6	0.51	0.54
EBIT	6.45	6.35	6.45	5.01	7.18	4.86
EBIT Margin	33.34%	33.15%	36.30%	28.96%	44.83%	38.83%
Effective Tax Rate	5.95%	10.38%	10.54%	11.60%	10.84%	12.21%
Advertising Expenses	-	0.13	0.12	0.08	0.11	0

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.