Nickel Industries Income Statement

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

Millions USD. 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	1,649	1,744	1,880	1,217	645.94
Revenue Growth (YoY)	-5.47%	-7.22%	54.48%	88.41%	23.39%
Cost of Revenue	1,368	1,430	1,430	856.62	393.2
Gross Profit	280.96	314.65	449.68	360.42	252.73
Selling, General & Admin	18.94	15.35	12.44	9.29	9.43
Other Operating Expenses	29.05	19.13	18.2	22.71	13.26
Operating Expenses	164.73	163.77	145.78	101.95	58.67
Operating Income	116.23	150.88	303.91	258.48	194.07
Interest Expense	-128.31	-91.75	-69.1	-33.77	-13.04
Interest & Investment Income	7.39	13.2	13.52	1.01	0.34
Earnings From Equity Investments	18.36	7.24	-2.56	0.4	-0.05
Currency Exchange Gain (Loss)	-12.22	-16.45	-3.32	-8.67	-2.72
Other Non Operating Income (Expenses)	-	-	-18.48	-	-
EBT Excluding Unusual Items	1.45	63.12	223.97	217.45	178.59
Gain (Loss) on Sale of Investments	-	-	-	-0.4	2.45
Asset Writedown	-8.11	-236.58	-	-	-
Pretax Income	-6.66	-173.46	223.97	217.05	181.04
Income Tax Expense	34.51	16.34	47.76	7.68	5.06
Earnings From Continuing Operations	-41.17	-189.8	176.2	209.37	175.98
Minority Interest in Earnings	-15.89	21.21	-54.61	-50.39	-38.04
Net Income	-57.06	-168.59	121.6	158.98	137.94
Net Income to Common	-57.06	-168.59	121.6	158.98	137.94
Net Income Growth	-	-	-23.51%	15.25%	24.71%
Shares Outstanding (Basic)	4,330	4,287	3,407	2,682	2,515
Shares Outstanding (Diluted)	4,330	4,287	3,407	2,682	2,515
Shares Change (YoY)	1.00%	25.82%	27.06%	6.62%	29.06%
EPS (Basic)	-0.01	-0.04	0.04	0.06	0.05
EPS (Diluted)	-0.01	-0.04	0.04	0.06	0.05
EPS Growth	-	-	-39.80%	8.10%	-3.37%
Free Cash Flow	149.85	205.09	5.88	-56.73	140.81
Free Cash Flow Per Share	0.04	0.05	0.00	-0.02	0.06
Dividend Per Share	-	0.025	0.031	0.027	0.029
Dividend Growth	-	-19.30%	12.83%	-6.53%	25.66%
Gross Margin	17.04%	18.04%	23.92%	29.62%	39.13%
Operating Margin	7.05%	8.65%	16.16%	21.24%	30.04%
Profit Margin	-3.46%	-9.66%	6.47%	13.06%	21.36%
Free Cash Flow Margin	9.09%	11.76%	0.31%	-4.66%	21.80%
EBITDA	231.49	278.86	415.56	325.08	230.04
EBITDA Margin	14.04%	15.99%	22.10%	26.71%	35.61%
D&A For EBITDA	115.26	127.98	111.66	66.6	35.98
EBIT	116.23	150.88	303.91	258.48	194.07
EBIT Margin	7.05%	8.65%	16.16%	21.24%	30.04%
Effective Tax Rate	-	-	21.33%	3.54%	2.80%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.