G.M. Leather 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	40.29	40.47	40.9	40.83	49.69
Other Revenue	1.95	0.6	0.74	0.85	0.1
Revenue	42.24	41.07	41.64	41.68	49.79
Revenue Growth (YoY)	2.86%	-1.38%	-0.09%	-16.29%	68.85%
Cost of Revenue	28.23	25.95	29.12	32.99	41.7
Gross Profit	14.01	15.12	12.52	8.68	8.08
Selling, General & Admin	7.24	7.81	6.11	4.1	3.71
Amortization of Goodwill & Intangibles	1.9	1.63	1.44	1.07	0.45
Other Operating Expenses	0.84	1.09	0.23	-0.27	-0.04
Operating Expenses	11.24	11.71	8.6	5.38	4.5
Operating Income	2.76	3.41	3.92	3.3	3.58
Interest Expense	-2.43	-2.35	-1.58	-0.69	-0.29
Interest & Investment Income	0	0	-	-	-
Currency Exchange Gain (Loss)	-0.18	0.24	0.42	-0.29	-0.02
Other Non Operating Income (Expenses)	0	0	0	0	0
EBT Excluding Unusual Items	0.15	1.3	2.77	2.32	3.28
Gain (Loss) on Sale of Investments	-	-0.35	-	-	-
Pretax Income	0.15	0.95	2.77	2.32	3.28
Income Tax Expense	0.12	0.61	0.73	0.31	0.83
Earnings From Continuing Operations	0.03	0.33	2.04	2.01	2.45
Minority Interest in Earnings	-0.01	-0.01	-	-	-
Net Income	0.02	0.33	2.04	2.01	2.45
Net Income to Common	0.02	0.33	2.04	2.01	2.45
Net Income Growth	-94.45%	-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	2.29	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	33.16%	36.81%	30.07%	20.84%	16.24%
Operating Margin	6.54%	8.29%	9.43%	7.92%	7.20%
Profit Margin	0.04%	0.80%	4.90%	4.83%	4.93%
Free Cash Flow Margin	5.43%	6.75%	-17.85%	-3.35%	-6.02%
EBITDA	4.68	6.22	6.18	4.85	4.42
EBITDA Margin	11.09%	15.14%	14.85%	11.64%	8.88%
D&A For EBITDA	1.92	2.81	2.26	1.55	0.84
EBIT	2.76	3.41	3.92	3.3	3.58
EBIT Margin	6.54%	8.29%	9.43%	7.92%	7.20%
Effective Tax Rate	80.43%	64.92%	26.31%	13.42%	25.20%
Revenue as Reported	42.16	45.47	49.46	41.19	50.1

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