Ethernity Networks 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	1.05	1.38	3.78	2.94	2.64
Revenue Growth	-24.12%	-63.38%	28.61%	11.46%	42.17%
Cost of Revenue	-	0.11	1.44	1.34	0.69
Gross Profit	1.05	1.27	2.34	1.6	1.94
Selling, General & Admin	2.1	2.62	2.46	3.69	2.77
Research & Development	2.82	3.74	5.16	6.62	5.55
Other Operating Expenses	-0	-0	-0	-0.02	-0.05
Operating Expenses	4.92	6.36	7.62	10.3	8.27
Operating Income	-3.87	-5.09	-5.28	-8.7	-6.33
Interest Expense	-0.07	-0.1	-0.2	-0.23	-0.03
Interest & Investment Income	0	0	0	0	0.01
Currency Exchange Gain (Loss)	-0.25	0.01	0.05	0.05	0.06
Other Non Operating Income (Expenses)	0.03	-0.66	-0.94	0.87	-2.89
EBT Excluding Unusual Items	-4.15	-5.83	-6.36	-8	-9.17
Asset Writedown	-1.58	-	-	-	-
Pretax Income	-5.73	-5.83	-6.36	-8	-9.17
Income Tax Expense	-	-	-	-	0.19
Net Income	-5.73	-5.83	-6.36	-8	-9.36
Net Income to Common	-5.73	-5.83	-6.36	-8	-9.36
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	4,179	551	144	76	67
Shares Outstanding (Diluted)	4,179	551	144	76	67
Shares Change	658.73%	282.82%	89.28%	12.63%	84.45%
EPS (Basic)	-0.00	-0.01	-0.04	-0.11	-0.14
EPS (Diluted)	-0.00	-0.01	-0.04	-0.11	-0.14
EPS Growth	-	-	-	-	-
Free Cash Flow	-1.13	-3.26	-1.64	-7.59	-5.58
Free Cash Flow Per Share	-	-0.01	-0.01	-0.10	-0.08
Gross Margin	100.00%	92.14%	61.94%	54.41%	73.80%
Operating Margin	-368.19%	-367.85%	-139.78%	-296.07%	-240.09%
Profit Margin	-545.42%	-421.57%	-168.47%	-272.44%	-355.17%
Free Cash Flow Margin	-107.24%	-235.46%	-43.50%	-258.52%	-211.76%
EBITDA	-2.64	-3.81	-4.18	-7.63	-5.28
EBITDA Margin	-251.85%	-275.56%	-110.67%	-259.65%	-200.34%
D&A For EBITDA	1.22	1.28	1.1	1.07	1.05
EBIT	-3.87	-5.09	-5.28	-8.7	-6.33
EBIT Margin	-	-	-139.78%	-296.07%	-240.09%