Spectra Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. 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	64.28	49.19	20.29	19.63	16.59
Revenue Growth (YoY)	30.68%	142.46%	3.37%	18.29%	13.06%
Cost of Revenue	27.21	25.7	6.66	7.35	6.07
Gross Profit	37.07	23.49	13.62	12.28	10.52
Selling, General & Admin	10.07	9.85	5.02	3.78	3.21
Research & Development	2.7	2.16	1.45	1.51	1.4
Operating Expenses	12.77	12.01	6.47	5.28	4.61
Operating Income	24.3	11.48	7.15	6.99	5.91
Interest Expense	-0.16	-0.2	-0.01	-	-
Interest & Investment Income	0.17	0.15	0.39	0.02	0.04
Currency Exchange Gain (Loss)	0.13	-0.13	-0.07	-0.01	0.01
Other Non Operating Income (Expenses)	-	-	-	-	-0.02
EBT Excluding Unusual Items	24.45	11.3	7.45	7	5.94
Other Unusual Items	2.37	-	-	-	-
Pretax Income	26.81	11.3	7.45	7	5.94
Income Tax Expense	6.77	2.8	1.43	0.9	0.88
Earnings From Continuing Operations	20.05	8.5	6.02	6.1	5.07
Minority Interest in Earnings	0.01	0.02	0.02	0.05	0.1
Net Income	20.06	8.52	6.05	6.15	5.16
Net Income to Common	20.06	8.52	6.05	6.15	5.16
Net Income Growth	135.40%	40.88%	-1.62%	19.07%	0.76%
Shares Outstanding (Basic)	48	48	45	45	45
Shares Outstanding (Diluted)	49	49	49	47	48
Shares Change (YoY)	-0.10%	0.40%	3.04%	-0.87%	-1.30%
EPS (Basic)	0.42	0.18	0.13	0.14	0.11
EPS (Diluted)	0.41	0.17	0.12	0.13	0.11
EPS Growth	141.18%	41.67%	-7.69%	18.18%	-
Free Cash Flow	9.92	9.15	7.37	7.05	8.01
Free Cash Flow Per Share	0.20	0.19	0.15	0.15	0.17
Dividend Per Share	0.136	0.116	0.116	0.115	0.110
Dividend Growth	17.24%	-	0.87%	4.54%	15.79%
Gross Margin	57.67%	47.75%	67.15%	62.55%	63.42%
Operating Margin	37.80%	23.34%	35.25%	35.63%	35.62%
Profit Margin	31.20%	17.32%	29.81%	31.32%	31.12%
Free Cash Flow Margin	15.43%	18.61%	36.34%	35.94%	48.27%
EBITDA	27.21	14.66	8.19	7.9	6.73
EBITDA Margin	42.32%	29.80%	40.38%	40.23%	40.55%
D&A For EBITDA	2.9	3.18	1.04	0.9	0.82
EBIT	24.3	11.48	7.15	6.99	5.91
EBIT Margin	37.80%	23.34%	35.25%	35.63%	35.62%
Effective Tax Rate	25.24%	24.79%	19.18%	12.87%	14.77%
Revenue as Reported	64.28	49.19	20.29	19.63	16.59

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