RC Fornax Income Statement

Financials in millions GBP. Fiscal year is September - August.

Millions GBP. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022
Revenue	4.07	6.44	4.24	1.65
Revenue Growth (YoY)	-36.81%	51.80%	157.56%	-
Cost of Revenue	3.12	4.88	3.16	1.01
Gross Profit	0.95	1.56	1.09	0.64
Selling, General & Admin	2.22	0.78	0.54	0.26
Operating Expenses	2.22	0.78	0.54	0.26
Operating Income	-1.27	0.78	0.55	0.38
Interest Expense	-0.16	-0.06	-0.04	-
Interest & Investment Income	0	-	-	-
Other Non Operating Income (Expenses)	-	-	-0.06	-0.03
EBT Excluding Unusual Items	-1.43	0.72	0.45	0.35
Asset Writedown	-0.03	-	-	-
Other Unusual Items	-0.12	-	-	-
Pretax Income	-1.59	0.72	0.45	0.35
Income Tax Expense	-0.21	0.21	0.09	0.07
Net Income	-1.38	0.52	0.36	0.29
Net Income to Common	-1.38	0.52	0.36	0.29
Net Income Growth	-	43.69%	25.78%	-
Shares Outstanding (Basic)	34	-	-	-
Shares Outstanding (Diluted)	34	-	-	-
EPS (Basic)	-0.04	-	-	-
EPS (Diluted)	-0.04	-	-	-
Free Cash Flow	-2.62	0.31	0.63	0.26
Free Cash Flow Per Share	-0.08	-	-	-
Dividend Per Share	-	-	1.000	1.000
Gross Margin	23.36%	24.27%	25.58%	38.92%
Operating Margin	-31.13%	12.15%	12.87%	23.19%
Profit Margin	-33.99%	8.05%	8.51%	17.43%
Free Cash Flow Margin	-64.27%	4.83%	14.88%	15.54%
EBITDA	-1.18	0.79	0.55	0.39
EBITDA Margin	-28.91%	12.21%	12.94%	23.38%
D&A For EBITDA	0.09	0	0	0
EBIT	-1.27	0.78	0.55	0.38
EBIT Margin	-31.13%	12.15%	12.87%	23.19%
Effective Tax Rate	-	28.37%	20.48%	18.93%
Advertising Expenses	-	-	0.01	0.02

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