BME:GAM 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	316.11	304.04	280.86	223.24	168.26
Revenue	316.11	304.04	280.86	223.24	168.26
Revenue Growth (YoY)	3.97%	8.25%	25.81%	32.67%	25.91%
Cost of Revenue	115.77	117.81	112.24	86.58	64.42
Gross Profit	200.34	186.23	168.61	136.66	103.84
Selling, General & Admin	82.83	77.78	69.56	53.71	43.29
Amortization of Goodwill & Intangibles	57.6	54.93	49.62	41.22	32.06
Other Operating Expenses	44.01	41.84	39.26	34.81	25.97
Operating Expenses	184.45	174.55	158.44	129.74	101.31
Operating Income	15.89	11.68	10.18	6.92	2.52
Interest Expense	-15.13	-16.63	-12.95	-7.9	-7.15
Interest & Investment Income	0.17	0.35	0.15	0.14	0.24
Earnings From Equity Investments	-	-	0.01	-0.27	0.19
Currency Exchange Gain (Loss)	0.27	-1.63	-0.64	-0.41	0.02
Other Non Operating Income (Expenses)	8.45	8.76	9.91	9.34	7.38
EBT Excluding Unusual Items	9.65	2.53	6.65	7.82	3.21
Merger & Restructuring Charges	-1.11	-0.62	-0.54	-0.52	-0.47
Asset Writedown	-	-	-	-	-0.45
Other Unusual Items	-	0.77	0.81	-0.25	1.22
Pretax Income	8.54	2.68	6.92	7.05	3.52
Income Tax Expense	2	-1.68	-2.12	-0.82	0.82
Earnings From Continuing Operations	6.54	4.36	9.04	7.87	2.7
Minority Interest in Earnings	0.19	0.04	0.03	-0.21	-0.07
Net Income	6.74	4.4	9.07	7.66	2.63
Net Income to Common	6.74	4.4	9.07	7.66	2.63
Net Income Growth	53.20%	-51.52%	18.39%	191.14%	130.38%
Shares Outstanding (Basic)	95	95	95	95	95
Shares Outstanding (Diluted)	95	95	95	95	95
Shares Change (YoY)	-	-	-	-	40.39%
EPS (Basic)	0.07	0.05	0.10	0.08	0.03
EPS (Diluted)	0.07	0.05	0.10	0.08	0.03
EPS Growth	50.62%	-51.52%	19.82%	187.68%	61.17%
Free Cash Flow	50.94	33.2	17.91	5.14	9.34
Free Cash Flow Per Share	0.54	0.35	0.19	0.05	0.10
Gross Margin	63.38%	61.25%	60.04%	61.22%	61.71%
Operating Margin	5.03%	3.84%	3.62%	3.10%	1.50%
Profit Margin	2.13%	1.45%	3.23%	3.43%	1.56%
Free Cash Flow Margin	16.11%	10.92%	6.38%	2.30%	5.55%
EBITDA	53.42	43.72	43.59	33.84	22.53
EBITDA Margin	16.90%	14.38%	15.52%	15.16%	13.39%
D&A For EBITDA	37.53	32.05	33.41	26.92	20
EBIT	15.89	11.68	10.18	6.92	2.52
EBIT Margin	5.03%	3.84%	3.62%	3.10%	1.50%
Effective Tax Rate	23.36%	-	-	-	23.36%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.