Warpaint London 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	105.08	101.61	89.59	64.06	50
Revenue Growth (YoY)	3.42%	13.41%	39.86%	28.11%	24.12%
Cost of Revenue	60.34	59.78	53.87	40.57	33.09
Gross Profit	44.74	41.82	35.72	23.49	16.91
Selling, General & Admin	29.78	17.18	14.85	11.78	9.4
Amortization of Goodwill & Intangibles	-	0.03	0.19	2	2.39
Other Operating Expenses	1	-	-	-	-
Operating Expenses	30.78	19.41	16.81	15.5	13.13
Operating Income	13.96	22.41	18.91	7.99	3.79
Interest Expense	-0.63	-0.34	-0.37	-0.28	-0.09
Interest & Investment Income	-	0.12	0.01	0	0
Currency Exchange Gain (Loss)	-	2	-0.43	0.13	0.61
Other Non Operating Income (Expenses)	0.24	-	-	-	-
EBT Excluding Unusual Items	13.58	24.19	18.12	7.84	4.31
Merger & Restructuring Charges	-	-0.42	-	-	-0.03
Gain (Loss) on Sale of Assets	-	-0.01	-	-	-
Legal Settlements	-	-	-	-0.15	-0.56
Other Unusual Items	4.52	-	-	-	-
Pretax Income	18.1	23.76	18.12	7.69	3.73
Income Tax Expense	3.75	5.53	4.22	1.44	0.9
Net Income	14.35	18.23	13.9	6.25	2.83
Net Income to Common	14.35	18.23	13.9	6.25	2.83
Net Income Growth	-21.29%	31.18%	122.38%	120.85%	-
Shares Outstanding (Basic)	81	78	77	77	77
Shares Outstanding (Diluted)	81	78	77	77	77
Shares Change (YoY)	3.61%	1.06%	0.34%	0.31%	-0.00%
EPS (Basic)	0.18	0.23	0.18	0.08	0.04
EPS (Diluted)	0.18	0.23	0.18	0.08	0.04
EPS Growth	-24.04%	29.81%	121.70%	120.38%	-
Free Cash Flow	12.16	6.92	9.9	7.69	4.49
Free Cash Flow Per Share	0.15	0.09	0.13	0.10	0.06
Dividend Per Share	-	0.110	0.090	0.071	0.060
Dividend Growth	-	22.22%	26.76%	18.33%	33.33%
Gross Margin	42.58%	41.16%	39.87%	36.66%	33.82%
Operating Margin	13.29%	22.05%	21.11%	12.47%	7.57%
Profit Margin	13.66%	17.95%	15.51%	9.76%	5.66%
Free Cash Flow Margin	11.58%	6.81%	11.05%	12.01%	8.98%
EBITDA	15.53	23.37	19.76	10.74	6.82
EBITDA Margin	14.78%	23.00%	22.06%	16.76%	13.65%
D&A For EBITDA	1.57	0.96	0.85	2.75	3.04
EBIT	13.96	22.41	18.91	7.99	3.79
EBIT Margin	13.29%	22.05%	21.11%	12.47%	7.57%
Effective Tax Rate	20.72%	23.27%	23.29%	18.73%	24.03%

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