Water Intelligence Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	86.79	83.29	75.97	71.33	54.54	37.93
Revenue Growth (YoY)	10.11%	9.63%	6.51%	30.78%	43.79%	17.21%
Cost of Revenue	9.15	9.8	10.36	9.66	8.96	8.83
Gross Profit	77.64	73.5	65.61	61.67	45.58	29.1
Selling, General & Admin	69.88	66.32	57.65	53.99	38.57	24.11
Amortization of Goodwill & Intangibles	0.88	0.85	0.84	0.97	0.47	0.52
Other Operating Expenses	-0.33	-0.97	-0.06	-0.13	-0.07	-0.09
Operating Expenses	70.43	66.2	58.43	54.83	38.97	24.54
Operating Income	7.22	7.3	7.18	6.85	6.6	4.56
Interest Expense	-2.18	-1.69	-1.64	-1.57	-0.97	-0.45
Interest & Investment Income	0.44	0.4	0.7	0.23	0.05	0.09
EBT Excluding Unusual Items	5.47	6	6.24	5.5	5.69	4.2
Other Unusual Items	0.36	0.36	-	-	1.87	-
Pretax Income	5.83	6.36	6.24	5.5	7.56	4.2
Income Tax Expense	1.24	1.57	1.61	1.84	1.64	1.27
Earnings From Continuing Operations	4.59	4.78	4.63	3.67	5.91	2.93
Minority Interest in Earnings	-0.17	-0.1	-0.24	-0.1	-0.15	-0.04
Net Income	4.42	4.68	4.4	3.57	5.76	2.89
Net Income to Common	4.42	4.68	4.4	3.57	5.76	2.89
Net Income Growth	-8.82%	6.40%	23.33%	-38.13%	99.27%	70.67%
Shares Outstanding (Basic)	17	17	17	17	16	15
Shares Outstanding (Diluted)	18	18	18	19	17	15
Shares Change (YoY)	0.01%	-0.04%	-3.89%	7.33%	12.05%	1.20%
EPS (Basic)	0.25	0.27	0.25	0.21	0.36	0.20
EPS (Diluted)	0.25	0.26	0.25	0.19	0.33	0.19
EPS Growth	-8.81%	6.48%	28.65%	-42.34%	77.13%	69.37%
Free Cash Flow	11.11	10.37	10.13	7.67	5.61	5.77
Free Cash Flow Per Share	0.63	0.58	0.57	0.41	0.33	0.37
Gross Margin	89.46%	88.24%	86.36%	86.46%	83.56%	76.72%
Operating Margin	8.31%	8.76%	9.46%	9.60%	12.11%	12.02%
Profit Margin	5.09%	5.62%	5.79%	5.00%	10.57%	7.63%
Free Cash Flow Margin	12.81%	12.46%	13.33%	10.75%	10.29%	15.21%
EBITDA	11.2	10.87	10.04	9.4	8.35	5.83
EBITDA Margin	12.91%	13.05%	13.21%	13.18%	15.31%	15.36%
D&A For EBITDA	3.99	3.58	2.85	2.56	1.75	1.27
EBIT	7.22	7.3	7.18	6.85	6.6	4.56
EBIT Margin	8.31%	8.76%	9.46%	9.60%	12.11%	12.02%
Effective Tax Rate	21.21%	24.74%	25.73%	33.39%	21.72%	30.29%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.