G.M. Leather Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	42.68	40.47	40.9	40.83	49.69	29.24
Other Revenue	0.64	0.6	0.74	0.85	0.1	0.25
Revenue	43.31	41.07	41.64	41.68	49.79	29.49
Revenue Growth (YoY)	11.60%	-1.38%	-0.09%	-16.29%	68.85%	-
Cost of Revenue	28.08	25.95	29.12	32.99	41.7	23.3
Gross Profit	15.24	15.12	12.52	8.68	8.08	6.19
Selling, General & Admin	8.16	7.81	6.11	4.1	3.71	2.85
Amortization of Goodwill & Intangibles	1.82	1.63	1.44	1.07	0.45	0.31
Other Operating Expenses	0.57	1.09	0.23	-0.27	-0.04	0.21
Operating Expenses	11.75	11.71	8.6	5.38	4.5	3.63
Operating Income	3.49	3.41	3.92	3.3	3.58	2.56
Interest Expense	-2.48	-2.35	-1.58	-0.69	-0.29	-0.24
Earnings From Equity Investments	-0.35	-0.35	-	-	-	-
Currency Exchange Gain (Loss)	0.01	0.24	0.42	-0.29	-0.02	-0.03
Other Non Operating Income (Expenses)	0	0	0	0	0	0.01
Pretax Income	0.67	0.95	2.77	2.32	3.28	2.3
Income Tax Expense	0.42	0.61	0.73	0.31	0.83	0.48
Earnings From Continuing Operations	0.25	0.33	2.04	2.01	2.45	1.82
Minority Interest in Earnings	-0.01	-0.01	-	-	-	-
Net Income	0.25	0.33	2.04	2.01	2.45	1.82
Net Income to Common	0.25	0.33	2.04	2.01	2.45	1.82
Net Income Growth	-79.08%	-83.97%	1.39%	-17.98%	34.80%	-
Shares Outstanding (Basic)	-	11	11	11	11	-
Shares Outstanding (Diluted)	-	11	11	11	11	-
Shares Change (YoY)	-	-	0.01%	1.60%	-	-
EPS (Basic)	-	0.03	0.18	0.18	0.22	-
EPS (Diluted)	-	0.03	0.18	0.18	0.22	-
EPS Growth	-	-83.97%	1.38%	-19.27%	-	-
Free Cash Flow	3.94	2.77	-7.43	-1.4	-3	-
Free Cash Flow Per Share	-	0.25	-0.66	-0.12	-0.27	-
Dividend Per Share	-	-	-	0.022	-	-
Gross Margin	35.18%	36.81%	30.07%	20.84%	16.24%	21.00%
Operating Margin	8.05%	8.29%	9.43%	7.92%	7.20%	8.69%
Profit Margin	0.57%	0.80%	4.90%	4.83%	4.93%	6.17%
Free Cash Flow Margin	9.10%	6.75%	-17.85%	-3.35%	-6.02%	-
EBITDA	5.36	5.15	6.18	4.85	4.42	3.13
EBITDA Margin	12.37%	12.55%	14.85%	11.64%	8.88%	10.61%
D&A For EBITDA	1.87	1.75	2.26	1.55	0.84	0.57
EBIT	3.49	3.41	3.92	3.3	3.58	2.56
EBIT Margin	8.05%	8.29%	9.43%	7.92%	7.20%	8.69%
Effective Tax Rate	62.43%	64.92%	26.31%	13.42%	25.20%	21.00%
Revenue as Reported	44.88	45.47	49.46	41.19	50.1	31.7

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