ELSA Solutions 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
Operating Revenue	17.72	21.92	19.28	15.28	11.93
Other Revenue	0.39	0.34	0.12	-	0.09
Revenue	18.11	22.26	19.4	15.28	12.02
Revenue Growth (YoY)	-18.64%	14.77%	26.95%	27.11%	-
Cost of Revenue	13.15	17.16	14.68	12.46	9.66
Gross Profit	4.96	5.1	4.71	2.82	2.36
Selling, General & Admin	2.75	2.73	1.98	1.5	1.36
Amortization of Goodwill & Intangibles	0.22	0.23	0.23	0.03	0.03
Other Operating Expenses	0.13	0.11	0.06	-0.07	-0.01
Operating Expenses	3.5	3.41	2.51	1.71	1.62
Operating Income	1.47	1.69	2.2	1.11	0.73
Interest Expense	-0.2	-0.37	-0.3	-0.12	-0.09
Interest & Investment Income	0.03	-	-	0	0
Currency Exchange Gain (Loss)	0.05	-0	-0.1	0.01	-0.02
Other Non Operating Income (Expenses)	-0.04	0.07	0.04	-	0
Pretax Income	1.31	1.38	1.84	1.01	0.62
Income Tax Expense	0.38	0.36	0.55	0.31	0.2
Net Income	0.93	1.02	1.29	0.7	0.42
Net Income to Common	0.93	1.02	1.29	0.7	0.42
Net Income Growth	-9.15%	-20.68%	83.30%	67.90%	-
Shares Outstanding (Basic)	4	4	4	-	-
Shares Outstanding (Diluted)	4	4	4	-	-
EPS (Basic)	0.25	0.28	0.35	-	-
EPS (Diluted)	0.25	0.28	0.35	-	-
EPS Growth	-9.15%	-20.68%	-	-	-
Free Cash Flow	2.53	0.97	-2.1	-1.69	-0.37
Free Cash Flow Per Share	0.69	0.26	-0.57	-	-
Gross Margin	27.41%	22.90%	24.31%	18.48%	19.60%
Operating Margin	8.11%	7.58%	11.35%	7.29%	6.10%
Profit Margin	5.13%	4.59%	6.65%	4.60%	3.49%
Free Cash Flow Margin	13.96%	4.35%	-10.83%	-11.06%	-3.07%
EBITDA	1.83	2.23	2.66	1.37	0.99
EBITDA Margin	10.13%	10.02%	13.72%	8.99%	8.21%
D&A For EBITDA	0.37	0.54	0.46	0.26	0.25
EBIT	1.47	1.69	2.2	1.11	0.73
EBIT Margin	8.11%	7.58%	11.35%	7.29%	6.10%
Effective Tax Rate	29.07%	26.10%	29.98%	30.29%	32.38%
Revenue as Reported	18.12	22.28	19.4	15.4	12.08