SPEAR Investments I B.V. Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2019	FY 2018
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	28.93	12.31	14.44	17.26	15.58
Revenue Growth (YoY)	134.97%	-14.74%	-16.34%	10.78%	66.02%
Cost of Revenue	21.94	5.3	5.84	7.09	6.94
Gross Profit	7	7.01	8.61	10.17	8.65
Selling, General & Admin	5.59	4.67	2.06	2.98	1.89
Other Operating Expenses	2.09	2.05	3.65	2.63	2.48
Operating Expenses	13.3	12.34	9.43	9.07	7.71
Operating Income	-6.31	-5.33	-0.83	1.11	0.94
Interest Expense	-2.92	-1.71	-0.67	-	-
Interest & Investment Income	0.11	-	-	0.05	0.01
Earnings From Equity Investments	-	-	-0	-	-
Currency Exchange Gain (Loss)	-0.33	-0.08	-0	-	-
Other Non Operating Income (Expenses)	-0.24	-0.75	-	-0.11	-0.07
EBT Excluding Unusual Items	-9.69	-7.87	-1.5	1.04	0.88
Gain (Loss) on Sale of Assets	-	0.06	-	-	-
Asset Writedown	-2.14	-	-	-	-
Other Unusual Items	-3.34	-1.19	-	-	-
Pretax Income	-15.18	-9.01	-1.5	1.04	0.88
Income Tax Expense	2.26	-1.73	-1.34	-	-
Net Income to Company	-17.43	-7.28	-0.16	-	-
Net Income	-17.43	-7.28	-0.16	1.04	0.88
Net Income to Common	-17.43	-7.28	-0.16	-	-
Net Income Growth	-	-	-	17.51%	10.49%
Shares Outstanding (Basic)	-	0	0	-	-
Shares Outstanding (Diluted)	-	0	0	-	-
Shares Change (YoY)	-	11.55%	-	-	-
EPS (Basic)	-	-18.24	-0.44	-	-
EPS (Diluted)	-	-18.24	-0.44	-	-
Free Cash Flow	-15.67	-0.7	3.07	-	-
Free Cash Flow Per Share	-	-1.76	8.58	-	-
Gross Margin	24.18%	56.93%	59.59%	58.91%	55.48%
Operating Margin	-21.80%	-43.27%	-5.73%	6.40%	6.02%
Profit Margin	-60.26%	-59.14%	-1.09%	-	-
Free Cash Flow Margin	-54.16%	-5.71%	21.25%	-	-
EBITDA	-4.42	-3.42	-0.48	4.56	4.27
EBITDA Margin	-15.28%	-27.81%	-3.32%	26.40%	27.40%
D&A For EBITDA	1.89	1.9	0.35	-	-
EBIT	-6.31	-5.33	-0.83	1.11	0.94
EBIT Margin	-21.80%	-43.27%	-5.73%	6.40%	6.02%
Advertising Expenses	0.32	0.28	-	-	-

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