Space42 Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	415.43	331.21	315.75	214.63	99.83	67.45
Revenue Growth (YoY)	30.19%	4.90%	47.11%	115.00%	48.00%	-
Cost of Revenue	228.68	207.27	247.31	127.66	51.81	36.42
Gross Profit	186.75	123.94	68.44	86.97	48.01	31.04
Selling, General & Admin	5.27	5.27	1.95	20.18	20.41	11.07
Other Operating Expenses	42.33	32.08	7.23	10.35	-	-
Operating Expenses	129.95	79.57	12.77	32.41	21.76	11.74
Operating Income	56.8	44.37	55.67	54.56	26.26	19.3
Interest Expense	-10.18	-7.85	-0.21	-0.75	-	-0.23
Interest & Investment Income	20.67	13.59	7.98	1.2	-	-
Earnings From Equity Investments	-1.23	-1.18	-	-	-	-
Currency Exchange Gain (Loss)	-1.34	-1.34	-0.16	-	-	-
Other Non Operating Income (Expenses)	3.98	3.98	-	0.07	-0.04	-0
EBT Excluding Unusual Items	68.7	51.57	63.28	55.08	26.21	19.07
Gain (Loss) on Sale of Assets	12.58	12.58	-	-	-	-
Other Unusual Items	-	1.86	-	-	-	-
Pretax Income	90.74	69.4	63.28	55.08	26.21	19.07
Income Tax Expense	8.6	6.59	-	-	-	-
Earnings From Continuing Operations	82.14	62.81	63.28	55.08	26.21	19.07
Minority Interest in Earnings	-0.79	-0.5	-	-	-	-
Net Income	81.35	62.31	63.28	55.08	26.21	19.07
Net Income to Common	81.35	62.31	63.28	55.08	26.21	19.07
Net Income Growth	35.34%	-1.52%	14.89%	110.09%	37.48%	-
Shares Outstanding (Basic)	3,667	3,119	2,571	2,095	2,000	200
Shares Outstanding (Diluted)	3,667	3,119	2,571	2,095	2,000	200
Shares Change (YoY)	42.59%	21.30%	22.71%	4.78%	900.00%	-
EPS (Basic)	0.02	0.02	0.02	0.03	0.01	0.10
EPS (Diluted)	0.02	0.02	0.02	0.03	0.01	0.10
EPS Growth	-5.08%	-18.81%	-6.38%	100.53%	-86.25%	-
Free Cash Flow	340.67	328.25	-21.17	26.88	-4.04	1.58
Free Cash Flow Per Share	0.09	0.10	-0.01	0.01	-0.00	0.01
Gross Margin	44.95%	37.42%	21.68%	40.52%	48.10%	46.01%
Operating Margin	13.67%	13.40%	17.63%	25.42%	26.30%	28.61%
Profit Margin	19.58%	18.81%	20.04%	25.66%	26.26%	28.27%
Free Cash Flow Margin	82.00%	99.11%	-6.70%	12.53%	-4.04%	2.34%
EBITDA	136.06	84.36	59.23	57.58	28.1	20.42
EBITDA Margin	32.75%	25.47%	18.76%	26.83%	28.15%	30.28%
D&A For EBITDA	79.26	40	3.56	3.02	1.84	1.13
EBIT	56.8	44.37	55.67	54.56	26.26	19.3
EBIT Margin	13.67%	13.40%	17.63%	25.42%	26.30%	28.61%
Effective Tax Rate	9.48%	9.50%	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.