Bulgarian Stock Exchange reported 3.4% YoY growth in 2024 first-quarter revenue to BGN 4.7m. The breakdown revealed that the Stock exchange trading segment’s revenue advanced 21% YoY to BGN 0.8m, due to 114% higher market turnover during the quarter, while the Energy exchange segment increased 2.3% YoY to BGN 3.8m. Total operating expenses increased to BGN 2.7m (+11.8% YoY) as both compensation and hired services costs were up by 12% YoY. As a result, cons EBITDA decreased to BGN 2m (-6.0% YoY) with 9.1 p.p. YoY margin deterioration. However, the company booked BGN 2.8m net interest income during the quarter and saved the bottom line from a decline, which amounted to BGN 3.9m, up 55.4% YoY.