Income Statement Mitsides

Stocks

MIT

CY0100260419

Food Processing

End-of-day quote CYPRUS S.E. Other stock markets 2026-06-30			5-day change	1st Jan Change
0.7500 ^EUR	-.--%		-.--%	+7.14%

06-09	Mitsides Public Company Limited Proposes Final Dividend	CI
04-27	Mitsides Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: MITSIDES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	27.1M	35.94M	37.78M	37.97M	39.61M
Total Revenues	27.1M	35.94M	37.78M	37.97M	39.61M
Cost of Goods Sold, Total	21.29M	28.22M	28.2M	27.37M	28.85M
Gross Profit	5.82M	7.73M	9.58M	10.6M	10.77M
Selling General & Admin Expenses, Total	6.32M	6.84M	7.21M	7.77M	8.46M
Provision for Bad Debts	151K	-15K	132K	-98.89K	-176K
Other Operating Expenses	-118K	-117K	-37.42K	-43.49K	-82.19K
Other Operating Expenses, Total	6.36M	6.7M	7.31M	7.62M	8.2M
Operating Income	-540K	1.02M	2.27M	2.98M	2.57M
Interest Expense, Total	-443K	-536K	-923K	-730K	-451K
Interest And Investment Income	40	78	58	73	85
Net Interest Expenses	-442K	-536K	-923K	-729K	-450K
Currency Exchange Gains (Loss)	-1.16K	2.83K	1.82K	1.42K	-6.89K
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-983K	491K	1.35M	2.25M	2.11M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	14.14K	4.9K	1.07K	-22.54K	4.33K
Asset Writedown	3.37K	28.31K	12.51K	8.38K	-12.67K
Other Unusual Items	-	-	1.65K	-	-
EBT, Incl. Unusual Items	-966K	524K	1.36M	2.23M	2.11M
Income Tax Expense	109K	-30.63K	248K	363K	348K
Earnings From Continuing Operations	-1.07M	555K	1.12M	1.87M	1.76M
Net Income to Company	-1.07M	555K	1.12M	1.87M	1.76M
Net Income - (IS)	-1.07M	555K	1.12M	1.87M	1.76M
Net Income to Common Incl Extra Items	-1.07M	555K	1.12M	1.87M	1.76M
Net Income to Common Excl. Extra Items	-1.07M	555K	1.12M	1.87M	1.76M
Per Share Items
Net EPS - Basic	-0.13	0.07	0.14	0.23	0.21
Basic EPS - Continuing Operations	-0.13	0.07	0.14	0.23	0.21
Basic Weighted Average Shares Outstanding	8.2M	8.2M	8.2M	8.2M	8.2M
Net EPS - Diluted	-0.13	0.07	0.14	0.23	0.21
Diluted EPS - Continuing Operations	-0.13	0.07	0.14	0.23	0.21
Diluted Weighted Average Shares Outstanding	8.2M	8.2M	8.2M	8.2M	8.2M
Normalized Basic EPS	-0.07	0.04	0.1	0.17	0.16
Normalized Diluted EPS	-0.07	0.04	0.1	0.17	0.16
Supplemental Items
EBITDA	427K	1.94M	3.23M	3.93M	3.56M
EBITA	-540K	1.02M	2.27M	2.98M	2.57M
EBIT	-540K	1.02M	2.27M	2.98M	2.57M
EBITDAR	-	2M	3.31M	4.02M	3.69M
Effective Tax Rate - (Ratio)	-11.29	-5.84	18.15	16.26	16.53
Total Current Taxes	97.32K	-45.6K	284K	395K	346K
Total Deferred Taxes	-9.68K	14.97K	-36.26K	-31.96K	1.73K
Normalized Net Income	-615K	307K	843K	1.41M	1.32M
Interest on Long-Term Debt	25.8K	30.88K	35.63K	29.25K	31.63K
Supplemental Operating Expense Items
Advertising Expense	688K	812K	740K	850K	959K
Selling and Marketing Expenses	3.9M	3.96M	4.03M	4.34M	4.87M
General and Administrative Expenses	2.42M	2.81M	3.11M	3.32M	3.46M
Net Rental Expense, Total	-	58.81K	76.69K	97.86K	133K
Imputed Operating Lease Interest Expense	-	18.12K	40.82K	50.08K	49.77K
Imputed Operating Lease Depreciation	-	40.68K	35.87K	47.77K	83.36K
Maintenance & Repair Expenses, Total	310K	318K	291K	420K	361K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	301K	355K	514K	677K	2.33M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	301K	355K	514K	677K	2.33M
Accounts Receivable, Total	7.79M	10.02M	9.65M	8.69M	8.95M
Other Receivables	366K	154K	88.81K	107K	141K
Notes Receivable	-	-	-	-	-
Total Receivables	8.16M	10.18M	9.73M	8.79M	9.09M
Inventory	6.39M	8.46M	8.73M	7.97M	8.94M
Prepaid Expenses	50.99K	163K	174K	206K	279K
Other Current Assets, Total	58.95K	58.9K	456K	-	-
Total Current Assets	14.96M	19.21M	19.61M	17.65M	20.64M
Gross Property Plant And Equipment	34M	30.27M	29.75M	30.74M	31.71M
Accumulated Depreciation	-17.02M	-13.95M	-14.65M	-15.47M	-16.4M
Net Property Plant And Equipment	16.98M	16.32M	15.1M	15.27M	15.3M
Long-term Investments	4.43K	4.43K	4.43K	4.43K	5.44K
Goodwill	750K	750K	750K	750K	750K
Other Intangibles, Total	38.91K	4.54K	22.23K	61.46K	41.47K
Loans Receivable Long-Term	2.9K	2.9K	2.9K	2.9K	2.9K
Deferred Tax Assets Long-Term	-	-	-	6.35K	21.93K
Other Long-Term Assets, Total	3.26M	3.29M	3.3M	3.25M	3.24M
Total Assets	35.99M	39.59M	38.79M	37M	40.01M
Liabilities
Accounts Payable, Total	5.74M	7.05M	6.89M	6.14M	7.49M
Accrued Expenses, Total	278K	466K	456K	690K	1.12M
Short-term Borrowings	11.07M	9.78M	9.34M	7.27M	7.04M
Current Portion of Long-Term Debt	688K	1.25M	1.08M	297K	211K
Current Portion of Leases	167K	216K	199K	247K	266K
Current Income Taxes Payable	203K	626	160K	180K	311K
Other Current Liabilities	75.14K	48.62K	34.1K	99.19K	33.28K
Total Current Liabilities	18.22M	18.81M	18.16M	14.93M	16.47M
Long-Term Debt	784K	3.2M	2.1M	1.83M	1.63M
Long-Term Leases	322K	353K	228K	212K	277K
Deferred Tax Liability Non Current	2.37M	2.31M	2.28M	2.25M	2.4M
Total Liabilities	21.7M	24.67M	22.76M	19.22M	20.78M
Common Stock, Total	8.45M	8.45M	8.45M	8.45M	8.45M
Retained Earnings	-1.62M	-780K	686K	2.74M	4.64M
Comprehensive Income and Other	7.47M	7.25M	6.9M	6.59M	6.15M
Total Common Equity	14.29M	14.92M	16.03M	17.77M	19.23M
Total Equity	14.29M	14.92M	16.03M	17.77M	19.23M
Total Liabilities And Equity	35.99M	39.59M	38.79M	37M	40.01M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8.2M	8.2M	8.2M	8.2M	8.2M
ECS Total Common Shares Outstanding	8.2M	8.2M	8.2M	8.2M	8.2M
Book Value / Share	1.74	1.82	1.96	2.17	2.35
Tangible Book Value	13.5M	14.16M	15.26M	16.96M	18.44M
Tangible Book Value Per Share	1.65	1.73	1.86	2.07	2.25
Total Debt	13.03M	14.8M	12.95M	9.86M	9.42M
Net Debt	12.73M	14.44M	12.43M	9.18M	7.1M
Debt Equivalent Oper. Leases	-	470K	614K	783K	1.07M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	3.45M	4.17M	3.82M	2.82M	4.01M
Inventories - Finished Goods, Total	2.38M	3.74M	4.36M	4.63M	4.43M
Inventories - Others	555K	544K	544K	518K	499K
Land - (BS)	18.82M	14.91M	14.49M	14.91M	15M
Machinery, Total	14.7M	14.81M	14.86M	15.39M	16.17M
Full Time Employees	215	206	204	209	218
Accumulated Allowance for Doubtful Accounts (Supple)	1.09M	1.03M	1.14M	1.04M	844K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-1.07M	555K	1.12M	1.87M	1.76M
Depreciation & Amortization - CF	1.16M	1.12M	1.19M	1.18M	1.27M
Depreciation & Amortization, Total	1.16M	1.12M	1.19M	1.18M	1.27M
Amortization of Deferred Charges, Total - (CF)	48.19K	35.34K	13.66K	18.78K	19.91K
(Gain) Loss From Sale Of Asset	-14.14K	-4.9K	-1.07K	22.54K	-4.33K
(Gain) Loss on Sale of Investments - (CF)	-	-15K	132K	-98.89K	-176K
Asset Writedown & Restructuring Costs	-3.37K	-28.31K	-12.51K	-8.38K	12.67K
Provision and Write-off of Bad Debts	151K	-	-	-	-
Other Operating Activities, Total	391K	382K	1.07M	708K	556K
Change In Accounts Receivable	-961K	-2.05M	159K	1.06M	-54.45K
Change In Inventories	-1.54M	-2.07M	-266K	754K	-969K
Change In Accounts Payable	2M	1.47M	-186K	-575K	1.54M
Change in Other Net Operating Assets	-	-191K	108K	-44.09K	-108K
Cash from Operations	159K	-799K	3.33M	4.89M	3.85M
Capital Expenditure	-204K	-197K	-316K	-659K	-944K
Sale of Property, Plant, and Equipment	22.61K	6.48K	30.32K	21.92K	8.08K
Sale (Purchase) of Real Estate properties	-	-	-	59.84K	-
Sale (Purchase) of Intangible assets	-14.69K	-987	-31.35K	-58.01K	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	2.56K	-	-	-	-
Other Investing Activities, Total	40	65.17K	1.05K	73	85
Cash from Investing	-193K	-127K	-316K	-635K	-936K
Long-Term Debt Issued, Total	804K	4M	-	-	-
Total Debt Issued	804K	4M	-	-	-
Long-Term Debt Repaid, Total	-1.77M	-1.22M	-1.63M	-1.29M	-581K
Total Debt Repaid	-1.77M	-1.22M	-1.63M	-1.29M	-581K
Other Financing Activities, Total	-417K	-509K	-778K	-730K	-451K
Cash from Financing	-1.39M	2.27M	-2.41M	-2.02M	-1.03M
Foreign Exchange Rate Adjustments	-	3.23K	-2	-2.63K	-4.36K
Net Change in Cash	-1.42M	1.34M	600K	2.23M	1.88M
Supplemental Items
Cash Interest Paid	417K	503K	778K	730K	451K
Cash Income Tax Paid (Refund)	68.73K	39.38K	93.31K	383K	249K
Levered Free Cash Flow	73.8K	-1.67M	1.44M	3.58M	2.17M
Unlevered Free Cash Flow	350K	-1.34M	2.01M	4.04M	2.46M
Change In Net Working Capital	297K	2.94M	260K	-1.69M	-502K
Net Debt Issued / Repaid	-970K	2.78M	-1.63M	-1.29M	-581K

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-0.96	1.69	3.62	4.91	4.17
Return on Total Capital	-1.22	2.24	4.83	6.57	5.71
Return On Equity %	-7.47	3.8	7.22	11.07	9.5
Return on Common Equity	-7.47	3.8	7.22	11.07	9.5
Margin Analysis
Gross Profit Margin %	21.46	21.5	25.35	27.91	27.18
SG&A Margin	23.33	19.02	19.09	20.45	21.34
EBITDA Margin %	1.57	5.4	8.56	10.34	8.99
EBITA Margin %	-1.99	2.85	6.01	7.84	6.49
EBIT Margin %	-1.99	2.85	6.01	7.84	6.49
Income From Continuing Operations Margin %	-3.97	1.54	2.96	4.93	4.44
Net Income Margin %	-3.97	1.54	2.96	4.93	4.44
Net Avail. For Common Margin %	-3.97	1.54	2.96	4.93	4.44
Normalized Net Income Margin	-2.27	0.85	2.23	3.7	3.33
Levered Free Cash Flow Margin	0.27	-4.66	3.8	9.43	5.49
Unlevered Free Cash Flow Margin	1.29	-3.73	5.33	10.63	6.2
Asset Turnover
Asset Turnover	0.77	0.95	0.96	1	1.03
Fixed Assets Turnover	1.62	2.16	2.4	2.5	2.59
Receivables Turnover (Average Receivables)	3.68	4.01	3.84	4.14	4.49
Inventory Turnover (Average Inventory)	3.79	3.8	3.28	3.28	3.41
Short Term Liquidity
Current Ratio	0.82	1.02	1.08	1.18	1.25
Quick Ratio	0.46	0.56	0.56	0.63	0.69
Operating Cash Flow to Current Liabilities	0.01	-0.04	0.18	0.33	0.23
Days Sales Outstanding (Average Receivables)	99.19	91.01	95	88.35	81.26
Days Outstanding Inventory (Average Inventory)	96.38	96.05	111.23	111.66	107.02
Average Days Payable Outstanding	72.98	77.07	89.33	89.57	83.43
Cash Conversion Cycle (Average Days)	122.59	109.98	116.91	110.44	104.85
Long Term Solvency
Total Debt/Equity	91.15	99.21	80.77	55.48	49
Total Debt / Total Capital	47.69	49.8	44.68	35.68	32.89
LT Debt/Equity	7.74	23.83	14.53	11.5	9.9
Long-Term Debt / Total Capital	4.05	11.96	8.04	7.4	6.64
Total Liabilities / Total Assets	60.29	62.32	58.68	51.96	51.93
EBIT / Interest Expense	-1.22	1.91	2.46	4.08	5.71
EBITDA / Interest Expense	1.39	4	3.75	5.7	8.53
(EBITDA - Capex) / Interest Expense	0.93	3.63	3.4	4.8	6.43
Total Debt / EBITDA	21.17	6.9	3.74	2.37	2.45
Net Debt / EBITDA	20.68	6.73	3.6	2.21	1.85
Total Debt / (EBITDA - Capex)	31.65	7.6	4.12	2.82	3.25
Net Debt / (EBITDA - Capex)	30.92	7.42	3.96	2.62	2.45
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.49	32.61	5.11	0.51	4.33
Gross Profit, 1 Yr. Growth %	-11.25	32.84	23.94	10.65	1.6
EBITDA, 1 Yr. Growth %	-65.99	354.85	66.52	21.43	-9.34
EBITA, 1 Yr. Growth %	-305.32	-289.72	121.68	31.1	-13.61
EBIT, 1 Yr. Growth %	-305.32	-289.72	121.68	31.1	-13.61
Earnings From Cont. Operations, 1 Yr. Growth %	220.42	-151.62	101.25	67.53	-6.06
Net Income, 1 Yr. Growth %	220.42	-151.62	101.25	67.53	-6.06
Normalized Net Income, 1 Yr. Growth %	376.11	-149.93	174.74	66.65	-5.98
Diluted EPS Before Extra, 1 Yr. Growth %	220.42	-151.62	101.25	67.53	-6.06
Accounts Receivable, 1 Yr. Growth %	12.27	26.8	-3.75	-9.94	3.04
Inventory, 1 Yr. Growth %	31.64	32.43	3.15	-8.63	12.15
Net Property, Plant and Equip., 1 Yr. Growth %	2.71	-3.86	-7.46	1.08	0.24
Total Assets, 1 Yr. Growth %	5.01	9.99	-2.01	-4.64	8.14
Tangible Book Value, 1 Yr. Growth %	-1.26	4.86	7.75	11.15	8.73
Common Equity, 1 Yr. Growth %	-1.42	4.35	7.48	10.86	8.22
Cash From Operations, 1 Yr. Growth %	-90.35	-604.3	-515.91	47.18	-21.27
Capital Expenditures, 1 Yr. Growth %	1.78	-3.16	60.43	108.32	43.27
Levered Free Cash Flow, 1 Yr. Growth %	-98.01	-2.34K	-185.78	149.42	-39.29
Unlevered Free Cash Flow, 1 Yr. Growth %	-91.23	-482.23	-250.31	100.59	-39.17
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.09	19.39	18.06	2.78	2.4
Gross Profit, 2 Yr. CAGR %	-1.3	8.58	28.32	17.11	6.03
EBITDA, 2 Yr. CAGR %	1.04	24.38	175.21	42.2	4.93
EBITA, 2 Yr. CAGR %	-8.42	97.37	105.08	70.48	6.42
EBIT, 2 Yr. CAGR %	-8.42	97.37	105.08	70.48	6.42
Earnings From Cont. Operations, 2 Yr. CAGR %	-35.99	28.6	1.92	83.62	25.45
Net Income, 2 Yr. CAGR %	-35.99	28.6	1.92	83.62	25.45
Normalized Net Income, 2 Yr. CAGR %	-5.17	54.18	17.12	113.98	25.17
Diluted EPS Before Extra, 2 Yr. CAGR %	-35.99	28.6	1.92	83.62	25.45
Accounts Receivable, 2 Yr. CAGR %	2.25	20.16	10.48	-6.89	-3.67
Inventory, 2 Yr. CAGR %	3.85	32.04	16.88	-2.92	1.23
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.15	-0.62	-5.68	-3.29	0.66
Total Assets, 2 Yr. CAGR %	-3.81	7.47	3.82	-3.33	1.55
Tangible Book Value, 2 Yr. CAGR %	-1.87	1.76	6.3	9.44	9.94
Common Equity, 2 Yr. CAGR %	-1.84	1.43	5.9	9.16	9.53
Cash From Operations, 2 Yr. CAGR %	6.61	-30.25	357.98	147.35	7.65
Capital Expenditures, 2 Yr. CAGR %	30.29	-0.72	24.65	82.81	72.76
Levered Free Cash Flow, 2 Yr. CAGR %	-48.23	-32.75	338.74	46.27	23.06
Unlevered Free Cash Flow, 2 Yr. CAGR %	-21.7	-42.1	139.69	73.64	10.46
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.2	11.39	14.43	11.89	3.29
Gross Profit, 3 Yr. CAGR %	-3.71	8.98	13.48	22.13	11.69
EBITDA, 3 Yr. CAGR %	57.76	66.84	37.08	109.52	22.39
EBITA, 3 Yr. CAGR %	-22.65	16.75	105.16	76.67	35.91
EBIT, 3 Yr. CAGR %	-22.65	16.75	105.16	76.67	35.91
Earnings From Cont. Operations, 3 Yr. CAGR %	0.76	-40.42	49.31	20.28	46.86
Net Income, 3 Yr. CAGR %	0.76	-40.42	49.31	20.28	46.86
Normalized Net Income, 3 Yr. CAGR %	-11.04	-23.42	86.92	31.73	62.67
Diluted EPS Before Extra, 3 Yr. CAGR %	0.76	-40.42	49.31	20.28	46.86
Accounts Receivable, 3 Yr. CAGR %	4.54	10.38	11.6	3.2	-3.69
Inventory, 3 Yr. CAGR %	6.26	12.62	21.61	7.67	1.86
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.92	-2.06	-2.96	-3.48	-2.13
Total Assets, 3 Yr. CAGR %	-3.71	0.59	4.21	0.92	0.35
Tangible Book Value, 3 Yr. CAGR %	-6.94	0.32	3.72	7.89	9.2
Common Equity, 3 Yr. CAGR %	-6.69	0.18	3.4	7.53	8.84
Cash From Operations, 3 Yr. CAGR %	-47.32	78.97	26.48	213.64	68.88
Capital Expenditures, 3 Yr. CAGR %	-9.87	18.02	16.5	47.92	68.55
Levered Free Cash Flow, 3 Yr. CAGR %	-68.51	82.51	-27.06	263.45	9.11
Unlevered Free Cash Flow, 3 Yr. CAGR %	-44.41	32.83	-20.43	125.88	22.41
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-5.16	0.58	5.45	7.86	9.46
Gross Profit, 5 Yr. CAGR %	-6.69	2.18	8.01	12.16	10.44
EBITDA, 5 Yr. CAGR %	-23.42	124.79	97.09	56.51	23.18
EBITA, 5 Yr. CAGR %	54.7	-7.4	14.25	35.84	57.79
EBIT, 5 Yr. CAGR %	54.7	-7.4	14.25	35.84	57.79
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.92	-24.39	1.22	-6.54	39.26
Net Income, 5 Yr. CAGR %	-1.92	-24.39	1.22	-6.54	39.26
Normalized Net Income, 5 Yr. CAGR %	2.66	-22.89	-0.69	15.51	59.22
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.92	-24.39	1.22	-6.54	39.26
Accounts Receivable, 5 Yr. CAGR %	-1.98	3.65	7.18	3.11	5.22
Inventory, 5 Yr. CAGR %	-2.27	5.09	10.39	6.12	13
Net Property, Plant and Equip., 5 Yr. CAGR %	-7.66	-7.62	-4.04	-2.55	-1.53
Total Assets, 5 Yr. CAGR %	-5.28	-2.48	-0.77	-1	3.14
Tangible Book Value, 5 Yr. CAGR %	-6.89	-4.5	-1.86	3.88	6.16
Common Equity, 5 Yr. CAGR %	-6.7	-4.45	-1.84	3.68	5.81
Cash From Operations, 5 Yr. CAGR %	-44.63	1.38	25.11	103.7	18.57
Capital Expenditures, 5 Yr. CAGR %	-10.29	-9.51	2.61	40.6	36.39
Levered Free Cash Flow, 5 Yr. CAGR %	-50.95	43.29	-9.48	67.05	-10.09
Unlevered Free Cash Flow, 5 Yr. CAGR %	-35.31	14.79	-0.26	47.86	-9.27