Azerion Group Income Statement

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

Millions EUR. 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	540.6	551.2	515	452.6	308.1
Revenue Growth (YoY)	-1.92%	7.03%	13.79%	46.90%	57.94%
Cost of Revenue	469.3	377.4	332.3	286.3	187.2
Gross Profit	71.3	173.8	182.7	166.3	120.9
Selling, General & Admin	-	84.9	90.8	105.4	55.1
Amortization of Goodwill & Intangibles	34.1	38.8	38.3	31	17.6
Other Operating Expenses	33.5	37.8	37.5	54.8	31.9
Operating Expenses	75.5	170.5	174.7	198.2	109.9
Operating Income	-4.2	3.3	8	-31.9	11
Interest Expense	-55.1	-33.3	-27.7	-22.6	-19.9
Interest & Investment Income	7.6	-	-	-	-
Earnings From Equity Investments	0.3	0.5	-	-	0.3
Currency Exchange Gain (Loss)	-	-	-	0.2	-0.5
Other Non Operating Income (Expenses)	-	-6.2	-1	21.5	1
EBT Excluding Unusual Items	-51.4	-35.7	-20.7	-32.8	-8.1
Merger & Restructuring Charges	-0.5	-4.3	-7.7	-1.8	-
Gain (Loss) on Sale of Assets	-	-22.1	72.5	2.1	-0.2
Asset Writedown	-	-	-	-0.5	-1.9
Other Unusual Items	-	-1.2	-	-107.1	-7.7
Pretax Income	-51.9	-63.3	44.1	-140.1	-17.9
Income Tax Expense	1.2	-7.3	19	-7	2
Earnings From Continuing Operations	-53.1	-56	25.1	-133.1	-19.9
Earnings From Discontinued Operations	20.5	-	-	-	-
Net Income to Company	-32.6	-56	25.1	-133.1	-19.9
Minority Interest in Earnings	-2	-1.9	-1.4	-1.2	0.3
Net Income	-34.6	-57.9	23.7	-134.3	-19.6
Net Income to Common	-34.6	-57.9	23.7	-134.3	-19.6
Shares Outstanding (Basic)	-	121	120	113	90
Shares Outstanding (Diluted)	-	122	124	113	90
Shares Change (YoY)	-	-1.64%	9.35%	26.30%	76073.80%
EPS (Basic)	-	-0.48	0.20	-1.19	-0.22
EPS (Diluted)	-	-0.50	0.20	-1.20	-0.22
Free Cash Flow	10.7	7	48.4	43.4	22.6
Free Cash Flow Per Share	-	0.06	0.39	0.38	0.25
Gross Margin	13.19%	31.53%	35.48%	36.74%	39.24%
Operating Margin	-0.78%	0.60%	1.55%	-7.05%	3.57%
Profit Margin	-6.40%	-10.50%	4.60%	-29.67%	-6.36%
Free Cash Flow Margin	1.98%	1.27%	9.40%	9.59%	7.33%
EBITDA	43.4	43.8	48.2	0.2	29.2
EBITDA Margin	8.03%	7.95%	9.36%	0.04%	9.48%
D&A For EBITDA	47.6	40.5	40.2	32.1	18.2
EBIT	-4.2	3.3	8	-31.9	11
EBIT Margin	-0.78%	0.60%	1.55%	-7.05%	3.57%
Effective Tax Rate	-	-	43.08%	-	-

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