Mare Group 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	53.47	44.65	39.41	33.82	24.14
Revenue Growth (YoY)	19.77%	13.28%	16.54%	40.08%	38.05%
Cost of Revenue	29.01	29.32	28.29	24.4	16.65
Gross Profit	24.46	15.33	11.13	9.42	7.49
Depreciation & Amortization Expenses	-	5.85	4.8	4.17	3.43
Other Operating Expenses	8.27	4.89	1.55	2	0.86
Total Operating Expenses	8.27	10.74	6.34	6.18	4.29
Operating Income	16.2	4.58	4.78	3.24	3.2
Interest Income	-	0.41	0.13	0.02	0
Interest Expense	3.74	-1.57	-1.23	-0.41	-0.2
Other Non-Operating Income (Expense)	-	-0	-0.02	-0.15	-0.43
Total Non-Operating Income (Expense)	3.74	-1.16	-1.12	-0.55	-0.63
Pretax Income	-9.02	3.42	3.66	2.69	2.57
Provision for Income Taxes	0.68	1.6	1.28	-0.54	0.07
Net Income	-8.34	1.82	2.38	3.23	2.5
Minority Interest in Earnings	0.33	0.03	0.01	-	0.39
Net Income to Common	-8.67	1.8	2.37	3.23	2.11
Net Income Growth	-	-24.35%	-26.58%	53.32%	21.81%
Shares Outstanding (Basic)	21	17	10	10	-
Shares Outstanding (Diluted)	21	17	10	10	-
Shares Change (YoY)	20.65%	74.05%	-	-	-
EPS (Basic)	-0.47	0.07	0.24	0.37	-
EPS (Diluted)	-0.47	0.07	0.24	0.37	-
EPS Growth	-	-69.20%	-36.63%	-	-
Free Cash Flow	-9.49	6.2	0.09	-9.02	-0.84
Free Cash Flow Growth	-	6911.67%	-	-	-
Free Cash Flow Per Share	-0.45	0.36	0.01	-0.90	-
Dividends Per Share	0.030	0.014	0.008	-	-
Dividend Growth	120.59%	70.00%	-	-	-
Gross Margin	45.75%	34.33%	28.23%	27.85%	31.03%
Operating Margin	30.29%	10.26%	12.13%	9.58%	13.26%
Profit Margin	-15.60%	4.08%	6.04%	9.56%	10.37%
FCF Margin	-17.74%	13.88%	0.22%	-26.68%	-3.49%
EBITDA	28.24	8.63	9.41	7.41	4.38
EBITDA Margin	52.81%	19.33%	23.87%	21.92%	18.13%
EBIT	16.2	4.58	4.78	3.24	3.2
EBIT Margin	30.29%	10.26%	12.13%	9.58%	13.26%
Effective Tax Rate	-7.53%	46.70%	34.88%	-20.02%	2.58%