M Winkworth 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	10.74	10.79	9.27	9.31	9.45
Revenue Growth (YoY)	-0.54%	16.50%	-0.45%	-1.52%	47.53%
Cost of Revenue	1.65	1.67	1.57	1.59	1.29
Gross Profit	9.09	9.13	7.69	7.71	8.16
Selling, General & Admin	7.4	6.84	5.85	5.25	4.94
Other Operating Expenses	-0.01	-	-0.25	-0	-0.02
Operating Expenses	7.4	6.84	5.6	5.25	4.92
Operating Income	1.69	2.29	2.1	2.47	3.23
Interest Expense	-0.05	-0.06	-0.04	-0.04	-0.05
Interest & Investment Income	0.16	0.14	0.09	0.04	0.03
EBT Excluding Unusual Items	1.8	2.36	2.15	2.47	3.21
Gain (Loss) on Sale of Assets	0.31	-	-	-	-
Pretax Income	2.11	2.36	2.15	2.47	3.21
Income Tax Expense	0.49	0.59	0.47	0.49	0.61
Earnings From Continuing Operations	1.62	1.77	1.68	1.98	2.61
Minority Interest in Earnings	0.02	-0.02	-0.01	-0.03	-0.09
Net Income	1.63	1.76	1.67	1.95	2.52
Net Income to Common	1.63	1.76	1.67	1.95	2.52
Net Income Growth	-7.00%	5.28%	-14.51%	-22.55%	115.48%
Shares Outstanding (Basic)	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13
Shares Change (YoY)	-	3.60%	-0.16%	-0.56%	1.08%
EPS (Basic)	0.13	0.14	0.13	0.15	0.20
EPS (Diluted)	0.12	0.13	0.13	0.15	0.19
EPS Growth	-7.88%	2.54%	-14.36%	-22.07%	113.13%
Free Cash Flow	2.04	1.62	1.38	2.79	2.53
Free Cash Flow Per Share	0.15	0.12	0.11	0.22	0.20
Dividend Per Share	0.132	0.123	0.117	0.110	0.093
Dividend Growth	7.32%	5.13%	6.36%	18.28%	39.22%
Gross Margin	84.67%	84.56%	83.02%	82.87%	86.31%
Operating Margin	15.76%	21.18%	22.63%	26.52%	34.22%
Profit Margin	15.21%	16.27%	18.00%	20.96%	26.65%
Free Cash Flow Margin	19.01%	14.96%	14.84%	30.01%	26.76%
EBITDA	1.82	2.51	2.3	2.65	3.44
EBITDA Margin	16.92%	23.28%	24.81%	28.47%	36.40%
D&A For EBITDA	0.13	0.23	0.2	0.18	0.21
EBIT	1.69	2.29	2.1	2.47	3.23
EBIT Margin	15.76%	21.18%	22.63%	26.52%	34.22%
Effective Tax Rate	23.29%	25.04%	21.76%	19.77%	18.86%

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