Valtecne 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	30.18	30.46	30.87	23.58	18.17
Other Revenue	1.15	1.12	0.8	0.55	0.29
Revenue	31.33	31.58	31.67	24.13	18.46
Revenue Growth (YoY)	-0.78%	-0.28%	31.25%	30.71%	-3.22%
Cost of Revenue	12.38	13.78	14.41	10.32	7.71
Gross Profit	18.95	17.8	17.26	13.81	10.74
Selling, General & Admin	12.39	11.37	11.24	9.34	7.79
Amortization of Goodwill & Intangibles	0.29	0.35	0.33	0.13	0.05
Other Operating Expenses	0.11	0.21	0.17	0.18	0.05
Operating Expenses	14.42	13.36	12.93	10.7	8.82
Operating Income	4.54	4.44	4.32	3.11	1.92
Interest Expense	-0.23	-0.17	-0.16	-0.08	-0.06
Other Non Operating Income (Expenses)	0.1	0.12	0.07	0	0
EBT Excluding Unusual Items	4.41	4.4	4.23	3.03	1.86
Gain (Loss) on Sale of Investments	0.11	0.11	0.06	-	-
Pretax Income	4.52	4.51	4.3	3.03	1.86
Income Tax Expense	0.97	1.09	1.11	0.73	0.18
Earnings From Continuing Operations	3.55	3.42	3.18	2.3	1.68
Net Income to Company	3.55	3.42	3.18	2.3	1.68
Net Income	3.55	3.42	3.18	2.3	1.68
Net Income to Common	3.55	3.42	3.18	2.3	1.68
Net Income Growth	3.95%	7.43%	38.31%	36.75%	-8.28%
Shares Outstanding (Basic)	6	6	6	6	-
Shares Outstanding (Diluted)	6	6	6	6	-
EPS (Basic)	0.58	0.56	0.52	0.38	-
EPS (Diluted)	0.58	0.56	0.52	0.38	-
EPS Growth	3.95%	7.43%	38.31%	-	-
Free Cash Flow	1.95	4.4	3.25	-0.32	-4.6
Free Cash Flow Per Share	0.32	0.72	0.53	-0.05	-
Dividend Per Share	0.100	0.100	-	-	-
Gross Margin	60.50%	56.37%	54.50%	57.22%	58.21%
Operating Margin	14.48%	14.07%	13.66%	12.89%	10.40%
Profit Margin	11.34%	10.82%	10.05%	9.54%	9.11%
Free Cash Flow Margin	6.21%	13.95%	10.28%	-1.32%	-24.92%
EBITDA	6.22	6.19	5.8	4.26	2.87
EBITDA Margin	19.86%	19.59%	18.32%	17.64%	15.56%
D&A For EBITDA	1.69	1.74	1.48	1.15	0.95
EBIT	4.54	4.44	4.32	3.11	1.92
EBIT Margin	14.48%	14.07%	13.66%	12.89%	10.40%
Effective Tax Rate	21.47%	24.17%	25.94%	24.01%	9.63%
Revenue as Reported	31.41	29.86	31.6	26.9	20.96

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