Enwell Energy 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	Jun '25 Jun 30, 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	21.49	40.08	53.58	108.11	101.43	37.89
Revenue Growth (YoY)	-54.85%	-25.21%	-50.43%	6.59%	167.69%	-14.46%
Cost of Revenue	7.44	11.84	14.61	22.19	27.5	22.15
Gross Profit	14.05	28.24	38.97	85.92	73.93	15.74
Selling, General & Admin	6.21	5.71	6.52	6.36	7.54	7.18
Amortization of Goodwill & Intangibles	0.19	0.19	0.11	0.17	0.24	0.16
Other Operating Expenses	3.09	1.18	1.39	1.24	0.36	-0.17
Operating Expenses	9.79	7.37	8.35	8.07	8.71	7.63
Operating Income	4.27	20.87	30.63	77.85	65.22	8.12
Interest Expense	-0.16	-0.08	-0.08	-0.12	-0.17	-0.13
Interest & Investment Income	9.18	9.09	4.58	1.89	0.76	1.42
Currency Exchange Gain (Loss)	0.19	-	0.73	4.84	1.34	-0.69
Other Non Operating Income (Expenses)	0.8	0.54	-0.67	-6.9	-0.57	-0.2
EBT Excluding Unusual Items	14.27	30.42	35.18	77.56	66.59	8.52
Asset Writedown	-	-	-	-4.26	-	-
Other Unusual Items	-	-	-	-	-	-2
Pretax Income	14.27	30.42	35.18	73.31	66.59	6.52
Income Tax Expense	4.53	6.7	8.7	13.12	15.47	3.33
Net Income	9.74	23.72	26.49	60.18	51.12	3.19
Net Income to Common	9.74	23.72	26.49	60.18	51.12	3.19
Net Income Growth	-63.41%	-10.43%	-55.99%	17.73%	1503.48%	-73.87%
Shares Outstanding (Basic)	321	321	321	321	321	321
Shares Outstanding (Diluted)	321	321	321	321	321	321
EPS (Basic)	0.03	0.07	0.08	0.19	0.16	0.01
EPS (Diluted)	0.03	0.07	0.08	0.19	0.16	0.01
EPS Growth	-63.41%	-10.43%	-55.99%	17.73%	1503.59%	-73.87%
Free Cash Flow	10.54	30.62	49.68	1.63	31.16	2.23
Free Cash Flow Per Share	0.03	0.10	0.15	0.01	0.10	0.01
Dividend Per Share	-	-	-	0.181	-	-
Gross Margin	65.39%	70.45%	72.73%	79.48%	72.89%	41.54%
Operating Margin	19.85%	52.07%	57.16%	72.01%	64.30%	21.42%
Profit Margin	45.32%	59.20%	49.43%	55.67%	50.40%	8.41%
Free Cash Flow Margin	49.03%	76.41%	92.72%	1.51%	30.72%	5.88%
EBITDA	7.74	26.15	37.12	85.43	76.82	20.44
EBITDA Margin	36.02%	65.24%	69.27%	79.02%	75.74%	53.94%
D&A For EBITDA	3.48	5.28	6.49	7.58	11.6	12.32
EBIT	4.27	20.87	30.63	77.85	65.22	8.12
EBIT Margin	19.85%	52.07%	57.16%	72.01%	64.30%	21.42%
Effective Tax Rate	31.74%	22.01%	24.72%	17.90%	23.23%	51.10%

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