ATH:EXAE 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	82.86	52.05	45.17	36.46	34.79
Revenue Growth (YoY)	59.19%	15.21%	23.90%	4.80%	17.90%
Cost of Revenue	4.62	4.53	4.02	4.5	3.6
Gross Profit	78.24	47.52	41.16	31.96	31.19
Selling, General & Admin	29.54	19.1	17.84	15	14.21
Other Operating Expenses	6.49	4.75	4.3	4.48	3.9
Operating Expenses	40.52	28.06	25.96	23.23	22.6
Operating Income	37.72	19.46	15.19	8.73	8.59
Interest Expense	-0.05	-0.05	-0.05	-0.06	-0.11
Interest & Investment Income	1.86	1.87	1.12	0.36	0.29
Earnings From Equity Investments	0.66	0.61	0.43	0.7	0.24
EBT Excluding Unusual Items	40.19	21.89	16.69	9.72	9
Gain (Loss) on Sale of Assets	0.25	-	-	-	-
Asset Writedown	0.29	0.33	0.17	0.07	0.47
Legal Settlements	-	-	-	0.63	-
Pretax Income	40.72	22.21	16.86	10.42	9.47
Income Tax Expense	9.09	4.88	3.86	2.2	1.26
Net Income	31.63	17.34	13	8.21	8.21
Net Income to Common	31.63	17.34	13	8.21	8.21
Net Income Growth	82.46%	33.34%	58.28%	0.08%	112.07%
Shares Outstanding (Basic)	58	58	58	59	60
Shares Outstanding (Diluted)	58	58	58	59	60
Shares Change (YoY)	-	-	-2.10%	-2.07%	-0.02%
EPS (Basic)	0.55	0.30	0.22	0.14	0.14
EPS (Diluted)	0.55	0.30	0.22	0.14	0.14
EPS Growth	82.46%	33.34%	61.67%	2.20%	112.11%
Free Cash Flow	53.33	19.4	16.32	7.9	12.77
Free Cash Flow Per Share	0.92	0.34	0.28	0.13	0.21
Dividend Per Share	0.110	0.290	0.240	0.150	0.150
Dividend Growth	-62.07%	20.83%	60.00%	-	114.29%
Gross Margin	94.43%	91.31%	91.10%	87.67%	89.64%
Operating Margin	45.52%	37.39%	33.63%	23.94%	24.68%
Profit Margin	38.18%	33.31%	28.78%	22.53%	23.59%
Free Cash Flow Margin	64.37%	37.28%	36.13%	21.67%	36.72%
EBITDA	39.04	20.77	16.39	9.88	10.87
EBITDA Margin	47.11%	39.90%	36.27%	27.11%	31.23%
D&A For EBITDA	1.32	1.31	1.2	1.16	2.28
EBIT	37.72	19.46	15.19	8.73	8.59
EBIT Margin	45.52%	37.39%	33.63%	23.94%	24.68%
Effective Tax Rate	22.32%	21.95%	22.90%	21.16%	13.30%
Revenue as Reported	82.86	52.05	45.17	36.46	34.79
Advertising Expenses	0.55	0.58	0.45	0.25	0.24

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