Lulu Retail Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,934	7,621	7,278	6,894	6,312
Revenue Growth (YoY)	4.11%	4.71%	5.57%	9.21%	-
Cost of Revenue	6,111	5,899	5,637	5,376	4,942
Gross Profit	1,823	1,722	1,641	1,517	1,370
Selling, General & Admin	1,731	1,208	1,109	1,058	978.48
Other Operating Expenses	-302.55	-271.63	-221.41	-243.04	-219.33
Operating Expenses	1,429	1,315	1,304	1,220	1,147
Operating Income	394.23	407.18	336.76	297.79	223.03
Interest Expense	-162.2	-157.84	-258.18	-232.98	-173.16
Interest & Investment Income	-	0.29	117.08	0.3	0.32
Other Non Operating Income (Expenses)	-	-11.83	-12.3	-14.28	-15.74
EBT Excluding Unusual Items	232.03	237.81	183.35	50.83	34.46
Gain (Loss) on Sale of Assets	-	0.64	-	0.14	1.32
Other Unusual Items	-	0.14	31.36	0.12	0.2
Pretax Income	232.03	238.58	214.72	51.08	35.98
Income Tax Expense	27.5	22.3	22.67	14.91	12.18
Earnings From Continuing Operations	204.53	216.28	192.04	36.17	23.81
Earnings From Discontinued Operations	-	32.92	29.72	-22.12	-16.25
Net Income	204.53	249.2	221.77	14.05	7.55
Net Income to Common	204.53	249.2	221.77	14.05	7.55
Net Income Growth	-17.92%	12.37%	1478.07%	86.03%	-
Shares Outstanding (Basic)	10,329	10,329	10,329	10,329	10,329
Shares Outstanding (Diluted)	10,329	10,329	10,329	10,329	10,329
EPS (Basic)	0.02	0.02	0.02	0.00	0.00
EPS (Diluted)	0.02	0.02	0.02	0.00	0.00
EPS Growth	-17.93%	12.37%	1478.68%	86.05%	-
Free Cash Flow	596.36	216.42	-15.72	40.13	238.18
Free Cash Flow Per Share	0.06	0.02	-0.00	0.00	0.02
Dividend Per Share	0.019	0.008	-	-	-
Dividend Growth	132.07%	-	-	-	-
Gross Margin	22.98%	22.60%	22.54%	22.01%	21.70%
Operating Margin	4.97%	5.34%	4.63%	4.32%	3.53%
Profit Margin	2.58%	3.27%	3.05%	0.20%	0.12%
Free Cash Flow Margin	7.52%	2.84%	-0.22%	0.58%	3.77%
EBITDA	562.56	570.67	493.53	448.39	374.33
EBITDA Margin	7.09%	7.49%	6.78%	6.50%	5.93%
D&A For EBITDA	168.33	163.48	156.78	150.6	151.3
EBIT	394.23	407.18	336.76	297.79	223.03
EBIT Margin	4.97%	5.34%	4.63%	4.32%	3.53%
Effective Tax Rate	11.85%	9.35%	10.56%	29.19%	33.84%
Advertising Expenses	-	40.36	44.83	49.58	44.64

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.