Corero Network Security 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	25.5	24.56	22.35	20.12	20.9
Revenue Growth (YoY)	3.83%	9.89%	11.07%	-3.70%	23.81%
Cost of Revenue	2.52	2.13	2.16	2.58	3.11
Gross Profit	22.98	22.43	20.19	17.55	17.78
Selling, General & Admin	21.49	19.93	18.43	14.93	14.45
Depreciation & Amortization Expenses	2.16	2.01	1.77	1.94	2.19
Total Operating Expenses	23.65	21.93	20.2	16.87	16.64
Operating Income	-0.66	0.49	-0.02	0.68	1.14
Interest Income	0.05	0.1	0.04	0.01	0.64
Interest Expense	-0.04	-0.04	-0.18	-0.28	-0.41
Total Non-Operating Income (Expense)	0.01	0.06	-0.14	-0.27	0.23
Pretax Income	-0.65	0.56	-0.15	0.4	1.37
Provision for Income Taxes	-0.06	-0.06	-0.02	0.15	0.15
Net Income	-0.71	0.5	-0.17	0.55	1.52
Net Income to Common	-0.71	0.5	-0.17	0.55	1.52
Net Income Growth	-	-	-	-63.60%	-
Shares Outstanding (Basic)	512	509	500	496	495
Shares Outstanding (Diluted)	512	565	500	511	514
Shares Change (YoY)	-9.43%	13.05%	-2.14%	-0.51%	3.82%
EPS (Basic)	-0.00	0.00	-	0.00	0.00
EPS (Diluted)	-0.00	0.00	-	0.00	0.00
EPS Growth	-	-	-	-66.67%	-
Free Cash Flow	2.14	2.5	2.32	-2.15	2.36
Free Cash Flow Growth	-14.50%	7.72%	-	-	-42.72%
Free Cash Flow Per Share	0.00	0.00	0.00	-0.00	0.00
Gross Margin	90.13%	91.31%	90.32%	87.20%	85.11%
Operating Margin	-2.60%	2.00%	-0.07%	3.36%	5.46%
Profit Margin	-2.79%	2.03%	-0.76%	2.75%	7.28%
FCF Margin	8.37%	10.17%	10.37%	-10.68%	11.31%
EBITDA	1.74	2.72	2.03	2.99	3.72
EBITDA Margin	6.84%	11.06%	9.08%	14.86%	17.78%
EBIT	-0.66	0.49	-0.02	0.68	1.14
EBIT Margin	-2.60%	2.00%	-0.07%	3.36%	5.46%
Effective Tax Rate	8.88%	-10.09%	11.11%	37.13%	10.85%