S.C. IOR Income Statement

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021
Operating Revenue	51.93	34.47	17.16	22.74	17.48	14.76
Revenue	51.93	34.47	17.16	22.74	17.48	14.76
Revenue Growth (YoY)	194.22%	100.90%	-24.55%	30.10%	18.40%	-5.96%
Cost of Revenue	24.36	5.77	-4.12	3.84	3.45	1
Gross Profit	27.57	28.7	21.28	18.9	14.03	13.76
Selling, General & Admin	25.22	23.18	19.23	16.04	14.93	14.54
Other Operating Expenses	-2.81	-0.41	-2	-0.16	-3.49	-0.16
Operating Expenses	24.85	25.67	19.57	18.06	13.43	16.2
Operating Income	2.72	3.02	1.7	0.84	0.61	-2.44
Interest Expense	-2.41	-1.31	-0.95	-0.51	-0.51	-0.47
Interest & Investment Income	1.84	0.15	0.19	0.21	0.11	0.12
Other Non Operating Income (Expenses)	-0.55	-0.55	-0.14	0.19	0.09	-0.5
EBT Excluding Unusual Items	1.59	1.31	0.79	0.73	0.3	-3.29
Other Unusual Items	-	-	-	-0.01	-0.03	-0.08
Pretax Income	1.59	1.31	0.79	0.72	0.27	-3.37
Income Tax Expense	0.43	0.4	0.13	0.12	0.05	-
Net Income	1.16	0.91	0.66	0.6	0.23	-3.37
Net Income to Common	1.16	0.91	0.66	0.6	0.23	-3.37
Net Income Growth	-64.84%	38.51%	9.84%	165.65%	-	-
Shares Outstanding (Basic)	723	723	552	377	317	305
Shares Outstanding (Diluted)	723	723	552	377	317	305
Shares Change (YoY)	-	30.82%	46.44%	19.11%	3.94%	37.60%
EPS (Basic)	0.00	0.00	0.00	0.00	0.00	-0.01
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00	-0.01
EPS Growth	-	5.87%	-25.02%	123.14%	-	-
Gross Margin	53.09%	83.26%	124.00%	83.10%	80.29%	93.21%
Operating Margin	5.24%	8.78%	9.91%	3.70%	3.48%	-16.51%
Profit Margin	2.23%	2.65%	3.84%	2.64%	1.29%	-22.85%
EBITDA	5.15	5.92	4.05	3.02	2.59	-0.61
EBITDA Margin	9.92%	17.19%	23.59%	13.26%	14.81%	-4.16%
D&A For EBITDA	2.43	2.9	2.35	2.17	1.98	1.82
EBIT	2.72	3.02	1.7	0.84	0.61	-2.44
EBIT Margin	5.24%	8.78%	9.91%	3.70%	3.48%	-16.51%
Effective Tax Rate	27.25%	30.33%	16.66%	16.44%	16.80%	-
Revenue as Reported	69.28	59.98	34.07	31.12	26.27	19.8

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