MFC.RO · BVB
MF Capital: financial statements
Financially weak · see the checkFigures in RON, fiscal years
Revenue and net income
Operating and free cash flow
Margins
Returns
Income statement
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Revenue | 12.0M RON | 18.4M RON | 20.5M RON | 23.2M RON | 20.2M RON | 24.0M RON | +19% |
| Operating income | 553K RON | 7.6M RON | 15.3M RON | 5.1M RON | 3.3M RON | 21.4M RON | +555% |
| EBITDA | 6.7M RON | 10.6M RON | 17.6M RON | 7.8M RON | 5.3M RON | 23.3M RON | +341% |
| Interest expense | 1.5M RON | 1.3M RON | 1.4M RON | — | — | — | |
| Profit before tax | -660K RON | 6.6M RON | 14.5M RON | 1.8M RON | 174K RON | 17.9M RON | +10203% |
| Income tax | 927K RON | 456K RON | 2.4M RON | 642K RON | 591K RON | 2.7M RON | +352% |
| Net income | -1.6M RON | 6.1M RON | 12.1M RON | 1.2M RON | -417K RON | 15.2M RON | +3752% |
Cash flow
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 4.2M RON | 4.6M RON | 11.2M RON | 4.1M RON | 6.3M RON | 35.8M RON | +466% |
| Capital expenditure | 4.3M RON | 5.8M RON | 14.9M RON | — | — | — | |
| Free cash flow | -103K RON | -1.3M RON | -3.7M RON | 4.1M RON | 6.3M RON | 35.8M RON | +466% |
| Depreciation & amortization | 6.2M RON | 3.0M RON | 2.3M RON | 2.7M RON | 2.0M RON | 1.9M RON | -7% |
Balance sheet
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Cash | -1.0M RON | 731K RON | 2.2M RON | 841K RON | 338K RON | 639K RON | +89% |
| Inventory | 3.6M RON | 5.3M RON | 7.5M RON | 5.8M RON | 5.2M RON | 7.9M RON | +52% |
| Current assets | 6.4M RON | 8.5M RON | 12.6M RON | 9.6M RON | 7.4M RON | 11.3M RON | +52% |
| Total assets | 226M RON | 243M RON | 278M RON | 277M RON | 280M RON | 300M RON | +7% |
| Current liabilities | 11.6M RON | 8.5M RON | 12.7M RON | 11.7M RON | 13.0M RON | 17.1M RON | +32% |
| Financial debt | 2.2M RON | 3.0M RON | 4.5M RON | 3.9M RON | 5.9M RON | 4.6M RON | -23% |
| Total liabilities | 66.6M RON | 67.7M RON | 88.1M RON | 85.7M RON | 89.4M RON | 94.3M RON | +5% |
| Shareholders' equity | 160M RON | 176M RON | 189M RON | 190M RON | 189M RON | 204M RON | +8% |
| Net debt | 3.2M RON | 2.2M RON | 2.2M RON | 3.0M RON | 5.6M RON | 3.9M RON | -29% |
Dividend profile
- Paying in a row
- 3 years
- Raised in a row
- 0 years
- Growth per year
- n/a
- Paid out of profit
- 8.5%
- Paid out of free cash
- 2.9%
Without share prices EdgeScore shows no dividend yield.
Dividends
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Dividends paid | — | — | — | 126K RON | 712K RON | 522K RON | -27% |
| Dividends / net income | — | — | — | 10.6% | — | 3.4% | |
| Dividends / free cash flow | — | — | — | 3.0% | 11.2% | 1.5% |
Ratios
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year | |
|---|---|---|---|---|---|---|---|
| Operating margin | 4.6% | 41.4% | 74.8% | 22.0% | 16.2% | 89.1% | |
| Net margin | -13.2% | 33.1% | 59.1% | 5.1% | -2.1% | 63.5% | |
| Return on equity | -1.0% | 3.5% | 6.4% | 0.6% | -0.2% | 7.5% | |
| Return on assets | -0.7% | 2.5% | 4.3% | 0.4% | -0.1% | 5.1% | |
| Return on invested capital | 0.3% | 4.2% | 6.9% | 1.7% | 1.3% | 9.0% | |
| Debt / equity | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | |
| Net debt / EBITDA | 0.5x | 0.2x | 0.1x | 0.4x | 1.1x | 0.2x | |
| Interest coverage | 0.4x | 5.7x | 10.9x | — | — | — | |
| Current ratio | 0.56 | 1.00 | 0.99 | 0.82 | 0.57 | 0.66 | |
| Quick ratio | 0.25 | 0.37 | 0.40 | 0.32 | 0.17 | 0.20 |
Data source: Bucharest Stock Exchange (ESEF), company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.
For information and education only. Not investment advice. Data may contain errors.