Embark Early Education Income Statement

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

Millions AUD. 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	104.91	81.61	63.12	54.46	41.43
Revenue Growth (YoY)	28.54%	29.29%	15.92%	31.45%	-67.55%
Cost of Revenue	9.92	6.68	5.28	6.49	4.84
Gross Profit	94.98	74.94	57.84	47.97	36.59
Selling, General & Admin	64.41	49.24	37.25	35.51	28.1
Amortization of Goodwill & Intangibles	-	-	-	-	0.06
Other Operating Expenses	1.92	3.46	2.42	3.51	3.27
Operating Expenses	71.83	56.46	42.94	42.01	33.91
Operating Income	23.15	18.47	14.91	5.96	2.68
Interest Expense	-11.2	-7.9	-6.2	-8.32	-7.37
Interest & Investment Income	0.41	0.72	0.87	0.34	0.22
Other Non Operating Income (Expenses)	-	-	-	0	-
EBT Excluding Unusual Items	12.36	11.29	9.57	-2.03	-4.47
Merger & Restructuring Charges	-0.14	-1.06	-0.06	-	-0.96
Gain (Loss) on Sale of Assets	-	-	-	-	0.01
Other Unusual Items	3.13	2.38	1.5	0.33	1.16
Pretax Income	15.35	12.61	11.01	-1.69	-4.26
Income Tax Expense	4.64	3.58	2.74	0.66	0.79
Earnings From Continuing Operations	10.71	9.04	8.28	-2.35	-5.05
Earnings From Discontinued Operations	-	-	-	-37.9	5.74
Net Income	10.71	9.04	8.28	-40.25	0.7
Net Income to Common	10.71	9.04	8.28	-40.25	0.7
Net Income Growth	18.52%	9.20%	-	-	-92.59%
Shares Outstanding (Basic)	184	183	160	160	154
Shares Outstanding (Diluted)	184	183	160	160	154
Shares Change (YoY)	0.39%	15.00%	-	3.58%	9.32%
EPS (Basic)	0.06	0.05	0.05	-0.25	0.00
EPS (Diluted)	0.06	0.05	0.05	-0.25	0.00
EPS Growth	18.09%	-1.60%	-	-	-93.23%
Free Cash Flow	24.65	16.01	17.27	15.5	35.39
Free Cash Flow Per Share	0.13	0.09	0.11	0.10	0.23
Dividend Per Share	-	0.060	0.050	0.020	-
Dividend Growth	-	20.00%	150.00%	-	-
Gross Margin	90.54%	91.82%	91.63%	88.09%	88.32%
Operating Margin	22.07%	22.63%	23.61%	10.94%	6.46%
Profit Margin	10.21%	11.07%	13.11%	-73.92%	1.68%
Free Cash Flow Margin	23.50%	19.61%	27.35%	28.47%	85.43%
EBITDA	24	18.99	15.36	7.92	5.09
EBITDA Margin	22.88%	23.27%	24.34%	14.54%	12.30%
D&A For EBITDA	0.85	0.52	0.46	1.96	2.42
EBIT	23.15	18.47	14.91	5.96	2.68
EBIT Margin	22.07%	22.63%	23.61%	10.94%	6.46%
Effective Tax Rate	30.22%	28.35%	24.85%	-	-
Revenue as Reported	104.91	81.61	63.12	54.46	41.43

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