Accolade Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Operating Revenue	1,230	1,204	1,226	1,201	969.24	912.16	Upgrade
Other Revenue	0.83	-	-	-	-	-	Upgrade
Revenue	1,231	1,204	1,226	1,201	969.24	912.16	Upgrade
Revenue Growth (YoY)	3.42%	-1.78%	2.06%	23.91%	6.26%	7.35%	Upgrade
Cost of Revenue	421.7	425.66	454.63	424.01	313.69	302.16	Upgrade
Gross Profit	809.29	778.34	771.16	777.02	655.54	610	Upgrade
Selling, General & Admin	290.52	283.01	278.72	267.66	234.91	226.24	Upgrade
Other Operating Expenses	220.15	210.21	224.18	242.06	172.74	149.07	Upgrade
Operating Expenses	595.59	577.01	586.61	587.87	479.94	446.83	Upgrade
Operating Income	213.71	201.33	184.54	189.15	175.61	163.17	Upgrade
Interest Expense	-9.49	-9.74	-6.27	-1.53	-0.92	-1.15	Upgrade
Interest & Investment Income	2.54	2.54	0.85	1.19	0.63	0.52	Upgrade
Currency Exchange Gain (Loss)	-5.69	12.98	-9.75	-5.04	2.18	-2.31	Upgrade
Other Non Operating Income (Expenses)	-0.3	-	-	-	-	-	Upgrade
EBT Excluding Unusual Items	200.76	207.11	169.37	183.76	177.5	160.24	Upgrade
Gain (Loss) on Sale of Investments	-0.25	-0.25	0.02	-0.02	0	0.01	Upgrade
Asset Writedown	-0.42	-0.42	-0.49	0.04	-1.08	-0.59	Upgrade
Pretax Income	200.14	206.44	168.91	183.79	176.42	159.66	Upgrade
Income Tax Expense	41.93	49.11	27.94	44.36	43.42	37.14	Upgrade
Earnings From Continuing Operations	158.21	157.33	140.96	139.43	133	122.51	Upgrade
Net Income to Company	158.21	157.33	140.96	139.43	133	122.51	Upgrade
Minority Interest in Earnings	-0.26	-0.31	-	-	-	-	Upgrade
Net Income	157.95	157.02	140.96	139.43	133	122.51	Upgrade
Net Income to Common	157.95	157.02	140.96	139.43	133	122.51	Upgrade
Net Income Growth	7.51%	11.39%	1.10%	4.84%	8.56%	16.04%	Upgrade
Shares Outstanding (Basic)	-	46	46	46	46	46	Upgrade
Shares Outstanding (Diluted)	-	46	46	46	47	47	Upgrade
Shares Change (YoY)	-	-1.46%	-0.17%	-0.17%	-	0.09%	Upgrade
EPS (Basic)	-	3.45	3.05	3.02	2.87	2.64	Upgrade
EPS (Diluted)	-	3.44	3.04	3.00	2.86	2.63	Upgrade
EPS Growth	-	13.16%	1.33%	4.90%	8.74%	15.86%	Upgrade
Free Cash Flow	132.96	160.8	68.58	5.16	125.52	123.02	Upgrade
Free Cash Flow Per Share	-	3.52	1.48	0.11	2.70	2.65	Upgrade
Dividend Per Share	0.653	2.090	2.996	1.940	1.830	1.690	Upgrade
Dividend Growth	-78.47%	-30.24%	54.43%	6.01%	8.28%	4.97%	Upgrade
Gross Margin	65.74%	64.65%	62.91%	64.70%	67.64%	66.87%	Upgrade
Operating Margin	17.36%	16.72%	15.05%	15.75%	18.12%	17.89%	Upgrade
Profit Margin	12.83%	13.04%	11.50%	11.61%	13.72%	13.43%	Upgrade
Free Cash Flow Margin	10.80%	13.36%	5.59%	0.43%	12.95%	13.49%	Upgrade
EBITDA	292.78	279.28	262.96	262.01	242.77	229.93	Upgrade
EBITDA Margin	23.78%	23.20%	21.45%	21.82%	25.05%	25.21%	Upgrade
D&A For EBITDA	79.07	77.95	78.42	72.86	67.16	66.76	Upgrade
EBIT	213.71	201.33	184.54	189.15	175.61	163.17	Upgrade
EBIT Margin	17.36%	16.72%	15.05%	15.75%	18.12%	17.89%	Upgrade
Effective Tax Rate	20.95%	23.79%	16.54%	24.14%	24.61%	23.26%	Upgrade

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.