Judges Scientific Income Statement

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

Millions GBP. 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	143	133.6	136.1	113.2	91.29	79.87
Revenue Growth (YoY)	5.46%	-1.84%	20.23%	24.00%	14.30%	-3.19%
Cost of Revenue	50.6	42.9	42.5	36.9	33.88	31.33
Gross Profit	92.4	90.7	93.6	76.3	57.41	48.54
Selling, General & Admin	59.6	59.7	56.3	44.3	37.36	33.53
Amortization of Goodwill & Intangibles	10.8	10.1	12.2	8.5	2.65	3.18
Other Operating Expenses	-	-	-	-0.1	0.09	0.06
Operating Expenses	74.1	73.5	71.7	55.2	42.2	38.63
Operating Income	18.3	17.2	21.9	21.1	15.21	9.91
Interest Expense	-5.6	-4.1	-4.7	0.2	-0.71	-0.65
Interest & Investment Income	1.5	0.4	0.4	0.2	0	0.01
Other Non Operating Income (Expenses)	0.3	-0.1	-	0.1	0.19	-0.07
EBT Excluding Unusual Items	14.5	13.4	17.6	21.6	14.69	9.19
Merger & Restructuring Charges	-0.1	-0.3	-0.2	-3	0.02	-0.56
Other Unusual Items	-0.1	-0.1	-4	-2.6	0.16	0.84
Pretax Income	13.8	13	13.4	16	14.86	9.47
Income Tax Expense	2.2	2.2	3.5	3.2	1.96	0.83
Earnings From Continuing Operations	11.6	10.8	9.9	12.8	12.9	8.65
Minority Interest in Earnings	-0.6	-0.4	-0.4	-0.3	-0.22	-0.43
Net Income	11	10.4	9.5	12.5	12.68	8.22
Net Income to Common	11	10.4	9.5	12.5	12.68	8.22
Net Income Growth	-13.39%	9.47%	-24.00%	-1.44%	54.28%	-27.78%
Shares Outstanding (Basic)	7	7	7	6	6	6
Shares Outstanding (Diluted)	7	7	7	6	6	6
Shares Change (YoY)	0.30%	1.90%	3.00%	0.46%	0.18%	0.88%
EPS (Basic)	1.66	1.57	1.46	1.97	2.01	1.31
EPS (Diluted)	1.63	1.54	1.43	1.94	1.98	1.29
EPS Growth	-13.64%	7.46%	-25.84%	-2.37%	54.00%	-28.42%
Free Cash Flow	30.3	23.5	21.8	15.5	14.75	10.98
Free Cash Flow Per Share	4.49	3.48	3.29	2.41	2.31	1.72
Dividend Per Share	1.075	1.045	0.950	0.810	0.660	0.550
Dividend Growth	10.03%	10.00%	17.28%	22.73%	20.00%	10.00%
Gross Margin	64.61%	67.89%	68.77%	67.40%	62.89%	60.77%
Operating Margin	12.80%	12.87%	16.09%	18.64%	16.66%	12.40%
Profit Margin	7.69%	7.78%	6.98%	11.04%	13.89%	10.29%
Free Cash Flow Margin	21.19%	17.59%	16.02%	13.69%	16.15%	13.75%
EBITDA	31	28.8	35.6	30.9	18.88	14.01
EBITDA Margin	21.68%	21.56%	26.16%	27.30%	20.69%	17.54%
D&A For EBITDA	12.7	11.6	13.7	9.8	3.68	4.11
EBIT	18.3	17.2	21.9	21.1	15.21	9.91
EBIT Margin	12.80%	12.87%	16.09%	18.64%	16.66%	12.40%
Effective Tax Rate	15.94%	16.92%	26.12%	20.00%	13.16%	8.71%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.