Nichols 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	175.05	172.81	170.74	164.93	144.33
Revenue Growth (YoY)	1.30%	1.21%	3.53%	14.27%	21.63%
Cost of Revenue	94.39	93.86	98.57	93.91	79.15
Gross Profit	80.67	78.95	72.18	71.02	65.18
Selling, General & Admin	49	49.91	46.79	46.31	43.24
Other Operating Expenses	-0.04	-	-	-	-
Operating Expenses	48.96	49.91	46.79	46.31	43.24
Operating Income	31.71	29.04	25.39	24.71	21.93
Interest Expense	-0.17	-0.12	-0.12	-0.13	-0.16
Interest & Investment Income	2.05	2.48	1.9	0.41	0.05
EBT Excluding Unusual Items	33.6	31.4	27.17	24.98	21.82
Impairment of Goodwill	-	-	-	-	-36.24
Asset Writedown	-	-	-	-8.71	-
Other Unusual Items	-4.41	-7.37	-2.91	-2.43	-3.23
Pretax Income	29.19	24.03	24.26	13.84	-17.66
Income Tax Expense	7.75	6.2	5.9	2.2	4.51
Net Income	21.44	17.84	18.36	11.64	-22.17
Net Income to Common	21.44	17.84	18.36	11.64	-22.17
Net Income Growth	20.20%	-2.85%	57.82%	-	-
Shares Outstanding (Basic)	37	37	36	37	37
Shares Outstanding (Diluted)	37	37	36	37	37
Shares Change (YoY)	0.59%	0.14%	-0.19%	-0.97%	-0.11%
EPS (Basic)	0.59	0.49	0.50	0.32	-0.60
EPS (Diluted)	0.58	0.49	0.50	0.32	-0.60
EPS Growth	19.50%	-3.00%	58.14%	-	-
Free Cash Flow	12.8	16.05	19.53	15.09	18.66
Free Cash Flow Per Share	0.35	0.44	0.54	0.41	0.51
Dividend Per Share	0.337	0.320	0.282	0.277	0.231
Dividend Growth	5.31%	13.48%	1.80%	19.91%	-37.23%
Gross Margin	46.08%	45.69%	42.27%	43.06%	45.16%
Operating Margin	18.11%	16.80%	14.87%	14.98%	15.20%
Profit Margin	12.25%	10.32%	10.75%	7.05%	-15.36%
Free Cash Flow Margin	7.31%	9.29%	11.44%	9.15%	12.93%
EBITDA	33.83	30.2	26.83	28.27	25.83
EBITDA Margin	19.32%	17.47%	15.72%	17.14%	17.90%
D&A For EBITDA	2.12	1.16	1.45	3.56	3.9
EBIT	31.71	29.04	25.39	24.71	21.93
EBIT Margin	18.11%	16.80%	14.87%	14.98%	15.20%
Effective Tax Rate	26.54%	25.78%	24.30%	15.91%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.