Franchise Brands Income Statement

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

Millions GBP. 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	142.15	139.21	121.02	69.84	51.26
Revenue Growth (YoY)	2.12%	15.03%	73.28%	36.24%	4.01%
Cost of Revenue	57.39	55.89	52.79	33.9	34.4
Gross Profit	84.76	83.32	68.23	35.94	16.87
Selling, General & Admin	65.51	65.43	51.13	25.2	12.98
Operating Expenses	66.85	65.92	51.13	25.2	12.98
Operating Income	17.91	17.4	17.1	10.74	3.89
Interest Expense	-5.54	-7.36	-5.73	-0.24	-0.28
Currency Exchange Gain (Loss)	0.35	-0.39	-0.15	-	-
EBT Excluding Unusual Items	12.72	9.65	11.22	10.5	3.6
Merger & Restructuring Charges	-	-0.79	-5.01	-1.7	-0.11
Asset Writedown	-	-	-0.41	-	-
Other Unusual Items	-	0.35	-0.84	1.23	0.15
Pretax Income	12.72	9.21	4.96	10.04	3.64
Income Tax Expense	3.74	1.92	1.97	1.91	1.18
Earnings From Continuing Operations	8.98	7.28	2.99	8.13	2.46
Earnings From Discontinued Operations	-	-	-	-	1.78
Net Income	8.98	7.28	2.99	8.13	4.23
Net Income to Common	8.98	7.28	2.99	8.13	4.23
Net Income Growth	23.24%	143.86%	-63.24%	91.97%	51.56%
Shares Outstanding (Basic)	192	192	173	122	96
Shares Outstanding (Diluted)	193	195	175	124	98
Shares Change (YoY)	-0.68%	11.05%	41.20%	26.23%	6.79%
EPS (Basic)	0.05	0.04	0.02	0.07	0.04
EPS (Diluted)	0.05	0.04	0.02	0.07	0.04
EPS Growth	24.07%	120.01%	-74.01%	51.94%	42.06%
Free Cash Flow	27.12	26.69	18.98	8.99	5.57
Free Cash Flow Per Share	0.14	0.14	0.11	0.07	0.06
Dividend Per Share	0.025	0.024	0.022	0.020	0.015
Dividend Growth	4.17%	9.09%	10.00%	33.33%	36.36%
Gross Margin	59.62%	59.85%	56.38%	51.46%	32.90%
Operating Margin	12.60%	12.50%	14.13%	15.38%	7.58%
Profit Margin	6.31%	5.23%	2.47%	11.63%	8.26%
Free Cash Flow Margin	19.08%	19.17%	15.68%	12.87%	10.86%
EBITDA	29.48	28.68	25.88	13.19	4.75
EBITDA Margin	20.74%	20.60%	21.38%	18.88%	9.27%
D&A For EBITDA	11.57	11.28	8.78	2.45	0.87
EBIT	17.91	17.4	17.1	10.74	3.89
EBIT Margin	12.60%	12.50%	14.13%	15.38%	7.58%
Effective Tax Rate	29.43%	20.87%	39.78%	19.05%	32.47%

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