Malvern International 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	Sep '25 Sep 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
Operating Revenue	20.5	16.63	12.26	6.51	2.42	1.9
Revenue	20.5	16.63	12.26	6.51	2.42	1.9
Revenue Growth (YoY)	35.87%	35.69%	88.25%	169.35%	27.15%	-59.58%
Cost of Revenue	12.11	9.53	6.54	3.56	1.07	1.02
Gross Profit	8.39	7.1	5.72	2.95	1.35	0.88
Selling, General & Admin	4.83	3.94	2.89	2.06	1.35	1.1
Other Operating Expenses	2.94	2.71	2.02	1.3	1.06	0.53
Operating Expenses	8.1	6.97	5.45	3.74	2.82	2.21
Operating Income	0.28	0.14	0.27	-0.79	-1.48	-1.33
Interest Expense	-0.34	-0.36	-0.36	-0.29	-0.27	-0.3
Interest & Investment Income	0.03	0.02	-	-	-	-
Other Non Operating Income (Expenses)	0.01	0.06	-0.06	-0.01	-0	-0
EBT Excluding Unusual Items	-0.01	-0.15	-0.14	-1.08	-1.75	-1.63
Impairment of Goodwill	-1.42	-	-	-	-	-
Other Unusual Items	-	-	-	-	0.15	-
Pretax Income	-1.43	-0.15	-0.14	-1.08	-1.59	-1.63
Income Tax Expense	0.01	0.01	0.02	-	-	0.03
Earnings From Continuing Operations	-1.44	-0.15	-0.16	-1.08	-1.59	-1.66
Earnings From Discontinued Operations	-	-	-	-	0.45	-0.48
Net Income to Company	-1.44	-0.15	-0.16	-1.08	-1.15	-2.14
Net Income	-1.44	-0.15	-0.16	-1.08	-1.15	-2.14
Net Income to Common	-1.44	-0.15	-0.16	-1.08	-1.15	-2.14
Shares Outstanding (Basic)	24	24	24	22	19	7
Shares Outstanding (Diluted)	24	24	24	22	19	7
Shares Change (YoY)	-	-	11.53%	16.64%	155.40%	186.86%
EPS (Basic)	-0.06	-0.01	-0.01	-0.05	-0.06	-0.29
EPS (Diluted)	-0.06	-0.01	-0.01	-0.05	-0.06	-0.30
Free Cash Flow	1.76	0	1.9	1.12	-1.21	-1.04
Free Cash Flow Per Share	0.07	-	0.08	0.05	-0.06	-0.14
Gross Margin	40.91%	42.70%	46.67%	45.35%	55.67%	46.54%
Operating Margin	1.37%	0.82%	2.22%	-12.11%	-61.05%	-69.75%
Profit Margin	-7.03%	-0.91%	-1.31%	-16.64%	-47.39%	-112.53%
Free Cash Flow Margin	8.57%	0.01%	15.52%	17.16%	-49.86%	-54.73%
EBITDA	0.46	0.16	0.29	-0.75	-1.44	-1.29
EBITDA Margin	2.26%	0.96%	2.38%	-11.59%	-59.42%	-67.63%
D&A For EBITDA	0.18	0.02	0.02	0.03	0.04	0.04
EBIT	0.28	0.14	0.27	-0.79	-1.48	-1.33
EBIT Margin	1.37%	0.82%	2.22%	-12.11%	-61.05%	-69.75%
Revenue as Reported	20.5	16.63	12.26	6.51	2.42	1.9

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