Pulsar Group Income Statement

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

Millions GBP. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	61.18	62	62.4	65.71	33.3
Revenue Growth (YoY)	-1.33%	-0.65%	-5.03%	97.35%	74.60%
Cost of Revenue	18.7	16.89	16.34	15.92	8.24
Gross Profit	42.47	45.11	46.06	49.8	25.05
Selling, General & Admin	32.09	35.83	38.8	47.47	25.58
Amortization of Goodwill & Intangibles	6.67	5.89	5.7	4.06	2.89
Operating Expenses	40.83	43.98	47.47	55.53	30.2
Operating Income	1.64	1.13	-1.41	-5.74	-5.14
Interest Expense	-1.12	-0.58	-0.25	-0.3	-0.35
Interest & Investment Income	0.02	0.02	0.01	0.01	0.01
Earnings From Equity Investments	-	-0.13	-0.2	-0.25	-0.23
Currency Exchange Gain (Loss)	-0.4	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	0.01
EBT Excluding Unusual Items	0.13	0.43	-1.85	-6.27	-5.7
Merger & Restructuring Charges	-8.12	-6.1	-7.23	-3.72	-3.79
Gain (Loss) on Sale of Investments	0.06	1.46	-	-	-
Other Unusual Items	-1.52	-2.46	-1.76	2.5	-0.06
Pretax Income	-9.45	-6.67	-10.83	-7.49	-9.56
Income Tax Expense	0.19	-0.1	-2.93	-3.3	-0.84
Earnings From Continuing Operations	-9.64	-6.57	-7.9	-4.19	-8.72
Net Income	-9.64	-6.57	-7.9	-4.19	-8.72
Net Income to Common	-9.64	-6.57	-7.9	-4.19	-8.72
Shares Outstanding (Basic)	136	128	128	128	96
Shares Outstanding (Diluted)	136	128	128	128	96
Shares Change (YoY)	6.76%	-	0.04%	32.63%	33.33%
EPS (Basic)	-0.07	-0.05	-0.06	-0.03	-0.09
EPS (Diluted)	-0.07	-0.05	-0.06	-0.03	-0.09
Free Cash Flow	4.71	-0.46	8.05	1.96	-2.49
Free Cash Flow Per Share	0.04	-0.00	0.06	0.01	-0.03
Gross Margin	69.43%	72.76%	73.81%	75.78%	75.24%
Operating Margin	2.68%	1.82%	-2.25%	-8.73%	-15.45%
Profit Margin	-15.76%	-10.60%	-12.66%	-6.38%	-26.17%
Free Cash Flow Margin	7.71%	-0.74%	12.90%	2.98%	-7.46%
EBITDA	2.9	2.46	0.17	-3.89	-4.28
EBITDA Margin	4.74%	3.97%	0.27%	-5.92%	-12.86%
D&A For EBITDA	1.26	1.33	1.58	1.85	0.86
EBIT	1.64	1.13	-1.41	-5.74	-5.14
EBIT Margin	2.68%	1.82%	-2.25%	-8.73%	-15.45%

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