BELFA

Value Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total revenue 149.86 M152.24 M168.3 M178.98 M175.94 M 675.46 M Gross profit 56.21 M58.82 M65.08 M71.14 M69.38 M 264.42 M Operating expenses 6.67 M36.73 M39.02 M38.73 M68.5 M 182.97 M Selling/general/admin expenses 34.83 M29.51 M30.91 M32.8 M32.6 M 125.83 M Research & development 6.93 M7.22 M8.1 M7.55 M7.99 M 30.87 M Operating income 12.37 M25.02 M29.86 M30.34 M25.78 M 111 M Non-Operating Income, Total 1 M6.58 M17.08 M1.59 M-650 K 24.59 M Interest expense, net of interest capitalized 2.81 M4.15 M3.99 M3.63 M2.98 M 14.75 M Non-Operating Income, excl. Interest Expenses 1.37 M-214 K5.52 M-3.1 M-3.22 M -1.01 M Unusual income/expense -3.19 M2.64 M7.57 M1.06 M-408 K 10.86 M Pretax income 7.38 M23.79 M33.7 M28 M9.56 M 95.05 M Equity in earnings ————— — Taxes 953 K5.46 M6.91 M5.45 M3.12 M 20.94 M Non-controlling/minority interest 484 K300 K822 K620 K1.17 M 2.91 M After tax other income/expense -1.72 M518 K-2.11 M-199 K-425 K -2.22 M Net income before discontinued operations -1.8 M17.87 M26.79 M22.55 M5.27 M 72.49 M Discontinued operations ————— — Net income -1.8 M17.87 M26.79 M22.55 M5.27 M 72.49 M Dilution adjustment —-390 K-822 K-620 K— — Preferred dividends —-390 K-890 K-315 K— — Diluted net income available to common stockholders -1.8 M17.87 M26.86 M22.25 M-5.45 M 61.54 M Basic earnings per share (Basic EPS) -0.131.362.031.68-0.42 4.65 Diluted earnings per share (Diluted EPS) -0.858.4512.6710.662.49 34.27 Average basic shares outstanding 2.12 M2.12 M2.12 M2.12 M2.12 M 8.46 M Diluted shares outstanding 2.12 M2.12 M2.12 M2.12 M2.12 M 8.46 M EBITDA 55.23 M28.77 M32.66 M39.06 M7.54 M 108.04 M EBIT 49.53 M22.09 M26.07 M32.41 M881 K 81.45 M Cost of revenue 93.65 M93.42 M103.22 M107.84 M106.56 M 411.04 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 5.7 M6.68 M6.6 M6.65 M6.66 M 26.59 M