Northern Bear PLC (AIM:NTBR)

Northern Bear Income Statement

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	78.11	68.68	69.72	61.1	49.18
Revenue Growth (YoY)	13.73%	-1.50%	14.12%	24.23%	-9.63%
Cost of Revenue	58.89	52.81	55.79	48.64	40.73
Gross Profit	19.22	15.87	13.94	12.46	8.46
Selling, General & Admin	15.87	13.47	11.83	10.01	8.64
Other Operating Expenses	-0.03	-0.03	-0.04	-0.04	-0.15
Operating Expenses	15.83	13.44	11.79	9.98	8.51
Operating Income	3.39	2.43	2.15	2.47	-0.05
Interest Expense	-0.39	-0.29	-0.21	-0.16	-0.18
Interest & Investment Income	0.05	-	-	-	-
EBT Excluding Unusual Items	3.05	2.14	1.94	2.32	-0.23
Impairment of Goodwill	-	-	-	-2.61	-2.51
Asset Writedown	-	-	-	-	-0.36
Other Unusual Items	-	-	-	-0.59	1.46
Pretax Income	3.05	2.14	1.94	-0.88	-1.63
Income Tax Expense	0.75	0.51	0.34	0.45	0.16
Earnings From Continuing Operations	2.31	1.62	1.59	-1.33	-1.79
Net Income	2.31	1.62	1.59	-1.33	-1.79
Net Income to Common	2.31	1.62	1.59	-1.33	-1.79
Net Income Growth	41.93%	2.01%	-	-	-
Shares Outstanding (Basic)	14	17	19	19	19
Shares Outstanding (Diluted)	14	17	19	19	19
Shares Change (YoY)	-19.50%	-8.57%	0.12%	0.04%	0.55%
EPS (Basic)	0.17	0.09	0.09	-0.07	-0.10
EPS (Diluted)	0.17	0.09	0.09	-0.07	-0.10
EPS Growth	76.03%	11.61%	-	-	-
Free Cash Flow	5.5	-1.13	1.12	0.25	2.18
Free Cash Flow Per Share	0.40	-0.07	0.06	0.01	0.12
Dividend Per Share	0.025	0.020	0.040	-	-
Dividend Growth	25.00%	-50.00%	-	-	-
Gross Margin	24.60%	23.11%	19.99%	20.39%	17.19%
Operating Margin	4.33%	3.54%	3.08%	4.05%	-0.10%
Profit Margin	2.95%	2.37%	2.28%	-2.17%	-3.65%
Free Cash Flow Margin	7.04%	-1.64%	1.61%	0.41%	4.42%
EBITDA	4.4	3.34	2.95	3.16	0.56
EBITDA Margin	5.63%	4.86%	4.23%	5.17%	1.15%
D&A For EBITDA	1.01	0.91	0.8	0.68	0.61
EBIT	3.39	2.43	2.15	2.47	-0.05
EBIT Margin	4.33%	3.54%	3.08%	4.05%	-0.10%
Effective Tax Rate	24.48%	24.04%	17.77%	-	-

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