London Security 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	244.3	220.65	219.71	188.9	166.63
Revenue Growth (YoY)	10.72%	0.43%	16.31%	13.36%	9.11%
Cost of Revenue	65.29	58.75	58.99	49.75	43.1
Gross Profit	179.01	161.9	160.72	139.15	123.54
Selling, General & Admin	146.34	132.25	129.13	111.99	96.37
Operating Expenses	146.34	132.25	129.13	111.99	96.37
Operating Income	32.67	29.65	31.59	27.16	27.16
Interest Expense	-0.45	-0.36	-0.26	-0.23	-0.19
Interest & Investment Income	-	0.4	0.21	0	0.01
Other Non Operating Income (Expenses)	0.28	-	-	0.02	0.02
EBT Excluding Unusual Items	32.5	29.7	31.54	26.95	27
Pretax Income	32.5	29.7	31.54	26.95	27
Income Tax Expense	8.72	8.03	8.28	6.73	6.99
Earnings From Continuing Operations	23.78	21.67	23.26	20.23	20.01
Minority Interest in Earnings	-	-	-	-0.01	-0.1
Net Income	23.78	21.67	23.26	20.22	19.91
Net Income to Common	23.78	21.67	23.26	20.22	19.91
Net Income Growth	9.76%	-6.87%	15.08%	1.55%	11.51%
Shares Outstanding (Basic)	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12
Shares Change (YoY)	-0.02%	-0.00%	-0.01%	-	-
EPS (Basic)	1.94	1.77	1.90	1.65	1.62
EPS (Diluted)	1.94	1.77	1.90	1.65	1.62
EPS Growth	9.78%	-6.87%	15.09%	1.55%	11.51%
Free Cash Flow	31.31	19.18	22.08	18.7	21.8
Free Cash Flow Per Share	2.55	1.56	1.80	1.52	1.78
Dividend Per Share	-	1.220	1.240	0.840	0.820
Dividend Growth	-	-1.61%	47.62%	2.44%	2.50%
Gross Margin	73.27%	73.37%	73.15%	73.66%	74.14%
Operating Margin	13.37%	13.44%	14.38%	14.38%	16.30%
Profit Margin	9.73%	9.82%	10.59%	10.70%	11.95%
Free Cash Flow Margin	12.82%	8.69%	10.05%	9.90%	13.08%
EBITDA	41.26	38.24	39.93	34.72	34.13
EBITDA Margin	16.89%	17.33%	18.17%	18.38%	20.48%
D&A For EBITDA	8.59	8.59	8.34	7.56	6.97
EBIT	32.67	29.65	31.59	27.16	27.16
EBIT Margin	13.37%	13.44%	14.38%	14.38%	16.30%
Effective Tax Rate	26.82%	27.05%	26.25%	24.96%	25.89%

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