Novamarine 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	34.23	27.88	24.11	21.52
Other Revenue	3.05	2.64	1.22	0.5
Revenue	37.28	30.53	25.33	22.02
Revenue Growth (YoY)	22.14%	20.52%	15.02%	-
Cost of Revenue	26.26	20.77	17.64	17.44
Gross Profit	11.02	9.75	7.69	4.58
Selling, General & Admin	4.9	3.54	2.81	2.54
Amortization of Goodwill & Intangibles	0.53	0.56	0.08	0.09
Other Operating Expenses	0.44	0.17	0.96	0.09
Operating Expenses	7.32	5.6	5.1	3.77
Operating Income	3.7	4.15	2.59	0.81
Interest Expense	-0.61	-0.67	-0.38	-0.21
Interest & Investment Income	-	-	0.01	0
Currency Exchange Gain (Loss)	-0	-0	0	-0
Other Non Operating Income (Expenses)	-0.15	0.34	-0.18	-0.03
EBT Excluding Unusual Items	2.94	3.82	2.04	0.57
Gain (Loss) on Sale of Investments	0.14	-	-0	-
Asset Writedown	-	-	-0.2	-
Other Unusual Items	-	-	0.05	0.27
Pretax Income	3.08	3.82	1.94	0.84
Income Tax Expense	0.7	1.03	0.47	0.14
Net Income	2.38	2.79	1.47	0.7
Net Income to Common	2.38	2.79	1.47	0.7
Net Income Growth	-14.70%	90.03%	110.85%	-
Shares Outstanding (Basic)	12	-	-	-
Shares Outstanding (Diluted)	12	-	-	-
EPS (Basic)	0.19	-	-	-
EPS (Diluted)	0.19	-	-	-
Free Cash Flow	-2.67	-3.31	-0.8	1.78
Free Cash Flow Per Share	-0.21	-	-	-
Dividend Per Share	-	0.050	-	-
Gross Margin	29.57%	31.95%	30.35%	20.81%
Operating Margin	9.94%	13.60%	10.21%	3.69%
Profit Margin	6.38%	9.14%	5.79%	3.16%
Free Cash Flow Margin	-7.17%	-10.86%	-3.14%	8.09%
EBITDA	5.41	6.04	3.87	1.9
EBITDA Margin	14.52%	19.78%	15.28%	8.62%
D&A For EBITDA	1.71	1.89	1.28	1.09
EBIT	3.7	4.15	2.59	0.81
EBIT Margin	9.94%	13.60%	10.21%	3.69%
Effective Tax Rate	22.77%	26.91%	24.22%	16.91%
Revenue as Reported	36.06	30.06	27.19	24.06