Audax Renovables 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	1,875	1,982	2,290	2,626	1,679
Revenue Growth (YoY)	-5.37%	-13.48%	-12.78%	56.44%	73.51%
Operations & Maintenance	5.72	6.08	4.02	5.24	2.87
Selling, General & Admin	0.74	0.78	0.68	0.86	-
Depreciation & Amortization	18.83	21.82	21.01	21.85	21.97
Provision for Bad Debts	3	8.68	-	-	-
Other Operating Expenses	1,765	1,851	2,186	2,568	1,629
Total Operating Expenses	1,794	1,888	2,212	2,596	1,654
Operating Income	81.48	93.55	78.3	29.82	25.04
Interest Expense	-34.27	-32.88	-34.59	-32.72	-28.82
Interest Income	5.58	9.02	7.59	8.65	0.8
Net Interest Expense	-28.69	-23.86	-27	-24.07	-28.01
Income (Loss) on Equity Investments	-0.75	-1.16	0.79	2.95	-0.06
Currency Exchange Gain (Loss)	-6.51	9.08	-4.07	1.7	-0.15
Other Non-Operating Income (Expenses)	-0.09	11.31	0.18	-0.3	1.7
EBT Excluding Unusual Items	45.44	88.92	48.2	10.1	-1.47
Gain (Loss) on Sale of Assets	-0.45	0.03	-3.18	2.48	-0.15
Pretax Income	45	88.95	45.02	12.57	-1.62
Income Tax Expense	23.29	25.7	13.64	4.81	1.69
Earnings From Continuing Ops.	21.7	63.25	31.38	7.77	-3.31
Minority Interest in Earnings	-2.11	-2.69	-2.35	-4.23	1.59
Net Income	19.59	60.56	29.03	3.54	-1.72
Net Income to Common	19.59	60.56	29.03	3.54	-1.72
Net Income Growth	-67.65%	108.62%	720.29%	-	-
Shares Outstanding (Basic)	450	451	440	440	440
Shares Outstanding (Diluted)	450	451	440	440	440
Shares Change (YoY)	-0.24%	2.71%	-0.16%	-	-
EPS (Basic)	0.04	0.13	0.07	0.01	-0.00
EPS (Diluted)	0.04	0.13	0.07	0.01	-0.00
EPS Growth	-67.54%	103.03%	725.00%	-	-
Free Cash Flow	1.76	32.31	118.24	122.35	-103.75
Free Cash Flow Per Share	0.00	0.07	0.27	0.28	-0.24
Profit Margin	1.04%	3.06%	1.27%	0.14%	-0.10%
Free Cash Flow Margin	0.09%	1.63%	5.16%	4.66%	-6.18%
EBITDA	95.39	111.4	95.35	47.19	42.56
EBITDA Margin	5.09%	5.62%	4.16%	1.80%	2.54%
D&A For EBITDA	13.9	17.85	17.05	17.37	17.51
EBIT	81.48	93.55	78.3	29.82	25.04
EBIT Margin	4.35%	4.72%	3.42%	1.14%	1.49%
Effective Tax Rate	51.77%	28.89%	30.30%	38.22%	-

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