Income Statement KMM AD

Stocks

KMM

BG11KMSUAT11

Industrial Machinery & Equipment

End-of-day quote Bulgaria S.E. 2026-01-01			5-day change	1st Jan Change
1.432 ^EUR	-48.87%		+13.36%	-0.02%

04-29	KMM AD Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
01-27	KMM AD Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: KMM AD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (BGN)	2022 (BGN)	2023 (BGN)	2024 (BGN)	2025 (BGN)
Revenues	1.49M	3.22M	3.66M	2.85M	2.47M
Total Revenues	1.49M	3.22M	3.66M	2.85M	2.47M
Cost of Goods Sold, Total	928K	2.55M	2.72M	2.34M	1.87M
Gross Profit	563K	666K	936K	516K	606K
Selling General & Admin Expenses, Total	842K	857K	909K	811K	1.01M
Depreciation & Amortization - (IS)	-	74K	67K	101K	110K
Other Operating Expenses	-698K	-409K	-131K	-544K	-253K
Other Operating Expenses, Total	144K	522K	845K	368K	867K
Operating Income	419K	144K	91K	148K	-261K
Interest Expense, Total	-25K	-26K	-42K	-46K	-42K
Interest And Investment Income	-	-	-	1K	-
Net Interest Expenses	-25K	-26K	-42K	-45K	-42K
Currency Exchange Gains (Loss)	-5K	-11K	-11K	-10K	-7K
Other Non Operating Income (Expenses)	-7K	-9K	-8K	-10K	-8K
EBT, Excl. Unusual Items	382K	98K	30K	83K	-318K
Gain (Loss) On Sale Of Assets	-	-	-	-	200K
Asset Writedown	-	-	-	-281K	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	382K	98K	30K	-198K	-118K
Income Tax Expense	-	-	-	16K	-
Earnings From Continuing Operations	382K	98K	30K	-214K	-118K
Net Income to Company	382K	98K	30K	-214K	-118K
Net Income - (IS)	382K	98K	30K	-214K	-118K
Net Income to Common Incl Extra Items	382K	98K	30K	-214K	-118K
Net Income to Common Excl. Extra Items	382K	98K	30K	-214K	-118K
Per Share Items
Net EPS - Basic	1.27	0.33	0.1	-0.71	-0.39
Basic EPS - Continuing Operations	1.27	0.33	0.1	-0.71	-0.39
Basic Weighted Average Shares Outstanding	300K	300K	300K	301K	300K
Net EPS - Diluted	1.27	0.33	0.1	-0.71	-0.39
Diluted EPS - Continuing Operations	1.27	0.33	0.1	-0.71	-0.39
Diluted Weighted Average Shares Outstanding	300K	300K	300K	301K	300K
Normalized Basic EPS	0.8	0.2	0.06	0.17	-0.66
Normalized Diluted EPS	0.8	0.2	0.06	0.17	-0.66
Supplemental Items
EBITDA	735K	406K	399K	459K	93K
EBITA	419K	144K	91K	148K	-164K
EBIT	419K	144K	91K	148K	-261K
Effective Tax Rate - (Ratio)	-	-	-	-8.08	-
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	239K	61.25K	18.75K	51.88K	-199K
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	842K	297K	309K	216K	332K

Fiscal Period: December	2021 (BGN)	2022 (BGN)	2023 (BGN)	2024 (BGN)	2025 (BGN)
Assets
Cash And Equivalents	249K	321K	381K	279K	61K
Total Cash And Short Term Investments	249K	321K	381K	279K	61K
Accounts Receivable, Total	930K	975K	1.19M	255K	575K
Other Receivables	37K	149K	-	298K	70K
Notes Receivable	-	-	-	1K	-
Total Receivables	967K	1.12M	1.19M	554K	645K
Inventory	1.22M	1.24M	1.17M	987K	1.1M
Prepaid Expenses	24K	35K	-	32K	22K
Other Current Assets, Total	30K	27K	-	23K	237K
Total Current Assets	2.5M	2.75M	2.75M	1.88M	2.07M
Gross Property Plant And Equipment	14.52M	14.18M	14.75M	14.71M	14.56M
Accumulated Depreciation	-4.02M	-4.02M	-4.27M	-4.51M	-4.75M
Net Property Plant And Equipment	10.5M	10.16M	10.48M	10.2M	9.81M
Long-term Investments	2K	2K	-	6K	6K
Other Intangibles, Total	0	0	-	0	232K
Loans Receivable Long-Term	-	-	-	85K	233K
Other Long-Term Assets, Total	306K	322K	322K	1.45M	1.45M
Total Assets	13.3M	13.23M	13.55M	13.62M	13.79M
Liabilities
Accounts Payable, Total	299K	235K	339K	238K	471K
Accrued Expenses, Total	130K	106K	121K	112K	161K
Short-term Borrowings	335K	63K	70K	51K	602K
Current Portion of Long-Term Debt	37K	517K	495K	622K	-
Current Portion of Leases	86K	57K	72K	83K	76K
Current Income Taxes Payable	-	-	-	1K	43K
Unearned Revenue Current, Total	8K	5K	-	-	5K
Other Current Liabilities	97K	48K	137K	47K	239K
Total Current Liabilities	992K	1.03M	1.23M	1.15M	1.6M
Long-Term Debt	349K	329K	220K	30K	82K
Long-Term Leases	121K	36K	184K	204K	129K
Pension & Other Post Retirement Benefits	103K	87K	87K	77K	104K
Deferred Tax Liability Non Current	395K	382K	357K	387K	387K
Other Non Current Liabilities	635K	490K	565K	734K	600K
Total Liabilities	2.6M	2.36M	2.65M	2.59M	2.9M
Common Stock, Total	300K	300K	300K	300K	300K
Retained Earnings	59K	186K	219K	-9K	-127K
Comprehensive Income and Other	10.35M	10.39M	10.39M	10.74M	10.72M
Total Common Equity	10.71M	10.87M	10.9M	11.03M	10.9M
Total Equity	10.71M	10.87M	10.9M	11.03M	10.9M
Total Liabilities And Equity	13.3M	13.23M	13.55M	13.62M	13.79M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	300K	300K	300K	300K	300K
ECS Total Common Shares Outstanding	300K	300K	300K	300K	300K
Book Value / Share	35.69	36.24	36.35	36.77	36.32
Tangible Book Value	10.71M	10.87M	10.9M	11.03M	10.66M
Tangible Book Value Per Share	35.69	36.24	36.35	36.77	35.54
Total Debt	928K	1M	1.04M	990K	889K
Net Debt	679K	681K	660K	711K	828K
Equity Method Investments, Total	2K	2K	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	933K	953K	1.02M	955K	993K
Inventories - Work In Process, Total	292K	286K	149K	32K	109K
Land - (BS)	5.93M	5.93M	5.93M	5.1M	5.1M
Buildings, Total	4.07M	4.01M	4.04M	4.61M	4.68M
Machinery, Total	4.18M	4.18M	4.22M	4.29M	4.38M
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	304K	-

Fiscal Period: December	2021 (BGN)	2022 (BGN)	2023 (BGN)	2024 (BGN)	2025 (BGN)
Net Income	382K	98K	30K	-214K	-118K
Depreciation & Amortization - CF	369K	330K	308K	311K	257K
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	97K
Depreciation & Amortization, Total	369K	330K	308K	311K	354K
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
Other Operating Activities, Total	-1.22M	-349K	-223K	198K	-158K
Cash from Operations	-464K	79K	115K	295K	78K
Capital Expenditure	-14K	-18K	-18K	-70K	-
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-71K	-148K
Other Investing Activities, Total	-	-	149K	-	-
Cash from Investing	-14K	-18K	131K	-141K	-148K
Long-Term Debt Issued, Total	91K	120K	120K	31K	232K
Total Debt Issued	91K	120K	120K	31K	232K
Long-Term Debt Repaid, Total	-87K	-104K	-255K	-237K	-338K
Total Debt Repaid	-87K	-104K	-255K	-237K	-338K
Other Financing Activities, Total	-24K	-24K	-40K	-41K	-35K
Cash from Financing	-20K	-8K	-175K	-247K	-141K
Foreign Exchange Rate Adjustments	-6K	-11K	-11K	-9K	-7K
Net Change in Cash	-504K	42K	60K	-102K	-218K
Supplemental Items
Cash Interest Paid	24K	24K	40K	31K	35K
Cash Income Tax Paid (Refund)	-85K	-341K	-378K	-221K	-70K
Levered Free Cash Flow	273K	127K	359K	1.07M	276K
Unlevered Free Cash Flow	289K	143K	385K	1.09M	302K
Change In Net Working Capital	328K	259K	-38K	-761K	-111K
Net Debt Issued / Repaid	4K	16K	-135K	-206K	-106K

Fiscal Period: December	2021 (BGN)	2022 (BGN)	2023 (BGN)	2024 (BGN)	2025 (BGN)
Profitability
Return on Assets	1.95	0.68	0.42	0.68	-1.19
Return on Total Capital	2.2	0.76	0.48	0.77	-1.37
Return On Equity %	3.51	0.91	0.28	-1.95	-1.08
Return on Common Equity	3.51	0.91	0.28	-1.95	-1.08
Margin Analysis
Gross Profit Margin %	37.76	20.69	25.57	18.09	24.5
SG&A Margin	56.47	26.62	24.83	28.44	40.84
EBITDA Margin %	49.3	12.61	10.9	16.09	3.76
EBITA Margin %	28.1	4.47	2.49	5.19	-6.63
EBIT Margin %	28.1	4.47	2.49	5.19	-10.55
Income From Continuing Operations Margin %	25.62	3.04	0.82	-7.5	-4.77
Net Income Margin %	25.62	3.04	0.82	-7.5	-4.77
Net Avail. For Common Margin %	25.62	3.04	0.82	-7.5	-4.77
Normalized Net Income Margin	16.01	1.9	0.51	1.82	-8.04
Levered Free Cash Flow Margin	18.33	3.94	9.8	37.37	11.15
Unlevered Free Cash Flow Margin	19.37	4.44	10.51	38.38	12.21
Asset Turnover
Asset Turnover	0.11	0.24	0.27	0.21	0.18
Fixed Assets Turnover	0.14	0.31	0.35	0.29	0.25
Receivables Turnover (Average Receivables)	2.02	3.45	3.71	4.39	5.96
Inventory Turnover (Average Inventory)	0.8	2.05	2.26	2.15	1.79
Short Term Liquidity
Current Ratio	2.52	2.66	2.23	1.62	1.29
Quick Ratio	1.23	1.4	1.28	0.72	0.44
Operating Cash Flow to Current Liabilities	-0.47	0.08	0.09	0.26	0.05
Days Sales Outstanding (Average Receivables)	180.42	105.91	98.25	83.35	61.25
Days Outstanding Inventory (Average Inventory)	454.48	178.35	161.6	170.31	204.2
Average Days Payable Outstanding	81.07	43.18	41.03	58.69	65.28
Cash Conversion Cycle (Average Days)	553.83	241.08	218.83	194.97	200.17
Long Term Solvency
Total Debt/Equity	8.67	9.22	9.55	8.97	8.16
Total Debt / Total Capital	7.98	8.44	8.71	8.24	7.54
LT Debt/Equity	4.39	3.36	3.7	2.12	1.94
Long-Term Debt / Total Capital	4.04	3.07	3.38	1.95	1.79
Total Liabilities / Total Assets	19.51	17.8	19.53	18.99	21.02
EBIT / Interest Expense	16.76	5.54	2.17	3.22	-6.21
EBITDA / Interest Expense	31.52	18.23	9.5	9.98	2.21
(EBITDA - Capex) / Interest Expense	30.96	17.54	9.07	8.46	2.21
Total Debt / EBITDA	1.18	2.11	2.61	2.16	9.56
Net Debt / EBITDA	0.86	1.44	1.65	1.55	8.9
Total Debt / (EBITDA - Capex)	1.2	2.2	2.73	2.54	9.56
Net Debt / (EBITDA - Capex)	0.88	1.49	1.73	1.83	8.9
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-52.15	115.9	13.73	-23.23	-11.11
Gross Profit, 1 Yr. Growth %	-13.25	21.53	40.54	-44.28	23.93
EBITDA, 1 Yr. Growth %	51.23	-48.48	-15.82	14.18	-252.46
EBITA, 1 Yr. Growth %	310.78	-65.63	-36.81	59.14	-55.43
EBIT, 1 Yr. Growth %	310.78	-65.63	-36.81	59.14	-29.08
Earnings From Cont. Operations, 1 Yr. Growth %	620.75	-74.35	-69.39	-1.44K	-72.75
Net Income, 1 Yr. Growth %	620.75	-74.35	-69.39	-1.44K	-72.75
Normalized Net Income, 1 Yr. Growth %	620.75	-74.35	-69.39	159.38	-26.56
Diluted EPS Before Extra, 1 Yr. Growth %	615.17	-74.35	-69.39	-1.52K	-72.62
Accounts Receivable, 1 Yr. Growth %	70.96	9.18	53.34	-75.57	125.49
Inventory, 1 Yr. Growth %	12.8	-1.35	-5.25	-16.85	11.65
Net Property, Plant and Equip., 1 Yr. Growth %	-5.47	-3.14	1.18	5.64	-0.68
Total Assets, 1 Yr. Growth %	-1.95	-0.96	2.46	-1.22	1.3
Tangible Book Value, 1 Yr. Growth %	-3.45	1.11	0.28	1.38	-0.37
Common Equity, 1 Yr. Growth %	-3.45	1.11	0.28	1.38	-1.23
Cash From Operations, 1 Yr. Growth %	-992.31	-117.03	45.57	-46.75	-22
Capital Expenditures, 1 Yr. Growth %	-22.22	28.57	0	-55.97	-
Levered Free Cash Flow, 1 Yr. Growth %	174.28	-40.56	2.54	3.35K	-65.97
Unlevered Free Cash Flow, 1 Yr. Growth %	145.33	-37.52	5.16	1.82K	-63.98
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-34.9	1.64	56.7	-5.87	-18.41
Gross Profit, 2 Yr. CAGR %	-28.62	1.3	30.69	-11.98	-19.1
EBITDA, 2 Yr. CAGR %	34.88	-8.6	-28.84	-1.6	-51.9
EBITA, 2 Yr. CAGR %	153.89	18.82	-53.4	1.38	32.79
EBIT, 2 Yr. CAGR %	153.89	18.82	-53.4	1.38	67.52
Earnings From Cont. Operations, 2 Yr. CAGR %	551.49	35.98	-71.98	47.77	171.57
Net Income, 2 Yr. CAGR %	551.49	35.98	-71.98	47.77	171.57
Normalized Net Income, 2 Yr. CAGR %	877.24	35.98	-71.98	-7.97	215.24
Diluted EPS Before Extra, 2 Yr. CAGR %	551.49	35.45	-71.98	47.43	180.48
Accounts Receivable, 2 Yr. CAGR %	18.62	33.88	15.58	-42.75	-25.79
Inventory, 2 Yr. CAGR %	-9.69	6.81	-3.32	-10.75	-3.65
Net Property, Plant and Equip., 2 Yr. CAGR %	-4.39	-4.36	-0.02	-0.75	0.77
Total Assets, 2 Yr. CAGR %	-4.68	-1.26	0.73	1.46	0.03
Tangible Book Value, 2 Yr. CAGR %	-1.14	-0.98	0.7	0.71	-1.01
Common Equity, 2 Yr. CAGR %	-1.16	-0.98	0.7	0.71	0.06
Cash From Operations, 2 Yr. CAGR %	7.3	23.26	-50.22	93.24	-62.48
Capital Expenditures, 2 Yr. CAGR %	-62.39	0	13.39	97.2	-
Levered Free Cash Flow, 2 Yr. CAGR %	-27.41	12.8	29.68	74.56	198.78
Unlevered Free Cash Flow, 2 Yr. CAGR %	-23.64	10.2	29.68	72.93	129.88
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-24.72	-2.92	5.52	24.13	-8.41
Gross Profit, 3 Yr. CAGR %	-11.53	-15.53	12.98	-1.99	-3.1
EBITDA, 3 Yr. CAGR %	20.7	0.16	-6.36	-16.49	-41.89
EBITA, 3 Yr. CAGR %	78.24	30.36	-3.73	-29.31	4.43
EBIT, 3 Yr. CAGR %	78.24	30.36	-3.73	-29.31	21.92
Earnings From Cont. Operations, 3 Yr. CAGR %	187.95	121.65	-17.28	-17.56	6.39
Net Income, 3 Yr. CAGR %	187.95	121.65	-17.28	-17.56	6.39
Normalized Net Income, 3 Yr. CAGR %	182.19	190.44	-17.28	-39.88	48.05
Diluted EPS Before Extra, 3 Yr. CAGR %	194.21	121.65	-17.49	-17.69	6.39
Accounts Receivable, 3 Yr. CAGR %	35.6	13.83	29.92	-34.15	-9.59
Inventory, 3 Yr. CAGR %	-1.09	-6.21	2.63	-7.72	-3.83
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.95	-4.01	-1.91	-0.9	-1.8
Total Assets, 3 Yr. CAGR %	-1.5	-3.33	-0.03	0.65	1.41
Tangible Book Value, 3 Yr. CAGR %	-0.76	-0.25	-0.55	0.85	-0.65
Common Equity, 3 Yr. CAGR %	-0.76	-0.26	-0.55	0.85	0.06
Cash From Operations, 3 Yr. CAGR %	20.68	-41.91	30.29	-14.01	-0.42
Capital Expenditures, 3 Yr. CAGR %	-29.53	-43.35	0	71	-
Levered Free Cash Flow, 3 Yr. CAGR %	-9	-37.47	53.26	70.97	-7.63
Unlevered Free Cash Flow, 3 Yr. CAGR %	-8.99	-33.91	48.41	68.48	-6.22
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-4.68	0.93	-4.11	-4.52
Gross Profit, 5 Yr. CAGR %	-	-10.67	2.86	-14.13	-1.36
EBITDA, 5 Yr. CAGR %	-	-7.88	-0.93	2.59	-28.16
EBITA, 5 Yr. CAGR %	-	-8.94	4.22	17.89	9.96
EBIT, 5 Yr. CAGR %	-	-8.94	4.22	17.89	20.67
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-8.76	13.4	88.47	17.36
Net Income, 5 Yr. CAGR %	-	-8.76	13.4	88.47	17.36
Normalized Net Income, 5 Yr. CAGR %	-	-9	12.03	83.4	43.1
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-8.88	14.87	88.29	17.18
Accounts Receivable, 5 Yr. CAGR %	-	13.44	26.18	-17.35	1.11
Inventory, 5 Yr. CAGR %	-	5.88	-1.5	-8.05	0.29
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-3.07	-1.81	-2.34	-2.45
Total Assets, 5 Yr. CAGR %	-	-0.98	-0.53	-1.44	0.33
Tangible Book Value, 5 Yr. CAGR %	-	-0.13	-0.09	0.14	-0.78
Common Equity, 5 Yr. CAGR %	-	-0.13	-0.09	0.13	-0.35
Cash From Operations, 5 Yr. CAGR %	-	-33.38	-15.31	-6.05	8.45
Capital Expenditures, 5 Yr. CAGR %	-	-56.74	-14.76	-6.7	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-0.22	15.5	22.57
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	0.08	17.18	20.72