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 2024	FY 2023	FY 2022	FY 2021	FY 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '19 Dec 31, 2019
Revenue	11.44	28.93	12.31	14.44	17.26
Revenue Growth (YoY)	-60.47%	134.97%	-14.74%	-16.34%	10.78%
Cost of Revenue	-0.52	21.94	5.3	5.84	7.09
Gross Profit	11.95	7	7.01	8.61	10.17
Selling, General & Admin	4.2	5.59	4.67	2.06	2.98
Other Operating Expenses	6.37	2.09	2.05	3.65	2.63
Operating Expenses	14.73	13.3	12.34	9.43	9.07
Operating Income	-2.77	-6.31	-5.33	-0.83	1.11
Interest Expense	-3.52	-2.92	-1.71	-0.67	-
Interest & Investment Income	-	0.11	-	-	0.05
Earnings From Equity Investments	-	-	-	-0	-
Currency Exchange Gain (Loss)	-0.13	-0.33	-0.08	-0	-
Other Non Operating Income (Expenses)	0.1	-0.24	-0.75	-	-0.11
EBT Excluding Unusual Items	-6.31	-9.69	-7.87	-1.5	1.04
Gain (Loss) on Sale of Assets	-0.26	-	0.06	-	-
Asset Writedown	2.14	-2.14	-	-	-
Other Unusual Items	-	-3.34	-1.19	-	-
Pretax Income	-4.43	-15.18	-9.01	-1.5	1.04
Income Tax Expense	-	2.26	-1.73	-1.34	-
Net Income to Company	-4.43	-17.43	-7.28	-0.16	-
Net Income	-4.43	-17.43	-7.28	-0.16	1.04
Net Income to Common	-4.43	-17.43	-7.28	-0.16	-
Net Income Growth	-	-	-	-	17.51%
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	8.42	-15.67	-0.7	3.07	-
Free Cash Flow Per Share	-	-	-1.76	8.58	-
Gross Margin	104.51%	24.18%	56.93%	59.59%	58.91%
Operating Margin	-24.23%	-21.80%	-43.27%	-5.73%	6.40%
Profit Margin	-38.72%	-60.26%	-59.14%	-1.09%	-
Free Cash Flow Margin	73.58%	-54.16%	-5.71%	21.25%	-
EBITDA	1.39	-4.42	-3.42	-0.48	4.56
EBITDA Margin	12.13%	-15.28%	-27.81%	-3.32%	26.40%
D&A For EBITDA	4.16	1.89	1.9	0.35	-
EBIT	-2.77	-6.31	-5.33	-0.83	1.11
EBIT Margin	-24.23%	-21.80%	-43.27%	-5.73%	6.40%
Advertising Expenses	-	0.32	0.28	-	-

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