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	497.3	515	452.6	308.1
Revenue Growth (YoY)	8.71%	-3.44%	13.79%	46.90%	57.94%
Cost of Revenue	394.6	350.1	332.3	286.3	187.2
Gross Profit	146	147.2	182.7	166.3	120.9
Selling, General & Admin	74.7	76	90.8	105.4	55.1
Amortization of Goodwill & Intangibles	34.8	29.2	38.3	31	17.6
Other Operating Expenses	34.3	35.4	37.5	54.8	31.9
Operating Expenses	151.7	148.2	174.7	198.2	109.9
Operating Income	-5.7	-1	8	-31.9	11
Interest Expense	-34.2	-29.5	-27.7	-22.6	-19.9
Earnings From Equity Investments	0.3	0.5	-	-	0.3
Currency Exchange Gain (Loss)	-	-	-	0.2	-0.5
Other Non Operating Income (Expenses)	-13.3	-9.7	-1	21.5	1
EBT Excluding Unusual Items	-52.9	-39.7	-20.7	-32.8	-8.1
Merger & Restructuring Charges	-0.5	-4.3	-7.7	-1.8	-
Gain (Loss) on Sale of Assets	-0.5	-22.8	72.5	2.1	-0.2
Asset Writedown	-	-	-	-0.5	-1.9
Other Unusual Items	-	-	-	-107.1	-7.7
Pretax Income	-53.9	-66.8	44.1	-140.1	-17.9
Income Tax Expense	4.4	-8.2	19	-7	2
Earnings From Continuing Operations	-58.3	-58.6	25.1	-133.1	-19.9
Earnings From Discontinued Operations	21.7	2.6	-	-	-
Net Income to Company	-36.6	-56	25.1	-133.1	-19.9
Minority Interest in Earnings	-2	-1.9	-1.4	-1.2	0.3
Net Income	-38.6	-57.9	23.7	-134.3	-19.6
Net Income to Common	-38.6	-57.9	23.7	-134.3	-19.6
Shares Outstanding (Basic)	122	121	120	113	90
Shares Outstanding (Diluted)	122	122	124	113	90
Shares Change (YoY)	0.49%	-1.64%	9.35%	26.30%	76073.80%
EPS (Basic)	-0.32	-0.48	0.20	-1.19	-0.22
EPS (Diluted)	-0.32	-0.48	0.20	-1.20	-0.22
Free Cash Flow	23.8	31.4	48.4	43.4	22.6
Free Cash Flow Per Share	0.20	0.26	0.39	0.38	0.25
Gross Margin	27.01%	29.60%	35.48%	36.74%	39.24%
Operating Margin	-1.05%	-0.20%	1.55%	-7.05%	3.57%
Profit Margin	-7.14%	-11.64%	4.60%	-29.67%	-6.36%
Free Cash Flow Margin	4.40%	6.31%	9.40%	9.59%	7.33%
EBITDA	36.1	39.4	48.2	0.2	29.2
EBITDA Margin	6.68%	7.92%	9.36%	0.04%	9.48%
D&A For EBITDA	41.8	40.4	40.2	32.1	18.2
EBIT	-5.7	-1	8	-31.9	11
EBIT Margin	-1.05%	-0.20%	1.55%	-7.05%	3.57%
Effective Tax Rate	-	-	43.08%	-	-

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