Enwell Energy 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	3.35	40.08	53.58	108.11	101.43
Revenue Growth (YoY)	-91.65%	-25.21%	-50.43%	6.59%	167.69%
Cost of Revenue	2.17	11.84	14.61	22.19	27.5
Gross Profit	1.18	28.24	38.97	85.92	73.93
Selling, General & Admin	7.49	5.71	6.52	6.36	7.54
Amortization of Goodwill & Intangibles	-	0.19	0.11	0.17	0.24
Other Operating Expenses	-4.83	1.18	1.39	1.24	0.36
Operating Expenses	2.66	7.37	8.35	8.07	8.71
Operating Income	-1.48	20.87	30.63	77.85	65.22
Interest Expense	-0.77	-0.08	-0.08	-0.12	-0.17
Interest & Investment Income	-	9.09	4.58	1.89	0.76
Currency Exchange Gain (Loss)	-	-	0.73	4.84	1.34
Other Non Operating Income (Expenses)	0.11	0.54	-0.67	-6.9	-0.57
EBT Excluding Unusual Items	-2.14	30.42	35.18	77.56	66.59
Asset Writedown	-0.37	-	-	-4.26	-
Pretax Income	-2.51	30.42	35.18	73.31	66.59
Income Tax Expense	1.98	6.7	8.7	13.12	15.47
Net Income	-4.49	23.72	26.49	60.18	51.12
Net Income to Common	-4.49	23.72	26.49	60.18	51.12
Net Income Growth	-	-10.43%	-55.99%	17.73%	1503.48%
Shares Outstanding (Basic)	320	321	321	321	321
Shares Outstanding (Diluted)	320	321	321	321	321
Shares Change (YoY)	-0.09%	-	-	-	-
EPS (Basic)	-0.01	0.07	0.08	0.19	0.16
EPS (Diluted)	-0.01	0.07	0.08	0.19	0.16
EPS Growth	-	-10.43%	-55.99%	17.73%	1503.59%
Free Cash Flow	-1.75	30.62	49.68	1.63	31.16
Free Cash Flow Per Share	-0.01	0.10	0.15	0.01	0.10
Dividend Per Share	-	-	-	0.181	-
Gross Margin	35.30%	70.45%	72.73%	79.48%	72.89%
Operating Margin	-44.29%	52.07%	57.16%	72.01%	64.30%
Profit Margin	-134.04%	59.20%	49.43%	55.67%	50.40%
Free Cash Flow Margin	-52.33%	76.41%	92.72%	1.51%	30.72%
EBITDA	0.57	26.15	37.12	85.43	76.82
EBITDA Margin	17.00%	65.24%	69.27%	79.02%	75.74%
D&A For EBITDA	2.05	5.28	6.49	7.58	11.6
EBIT	-1.48	20.87	30.63	77.85	65.22
EBIT Margin	-44.29%	52.07%	57.16%	72.01%	64.30%
Effective Tax Rate	-	22.01%	24.72%	17.90%	23.23%

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