Michell y Cía. Income Statement

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

Millions PEN. 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	484.94	510.66	488.3	434.46	458.62
Revenue Growth (YoY)	-5.04%	4.58%	12.39%	-5.27%	73.94%
Cost of Revenue	401.54	402.03	382.02	330.39	329.32
Gross Profit	83.41	108.63	106.28	104.07	129.3
Selling, General & Admin	65.58	68.36	58.82	60.49	53.27
Other Operating Expenses	-10.69	-13.16	-12.78	-7.39	-8.81
Operating Expenses	54.88	55.2	46.04	53.11	44.46
Operating Income	28.52	53.43	60.25	50.96	84.84
Interest Expense	-9.56	-12.09	-8.35	-2.03	-1.57
Interest & Investment Income	0.37	0.44	0.9	0.26	0.26
Earnings From Equity Investments	-	-	-	-5.86	0.1
Currency Exchange Gain (Loss)	13.85	-0.91	1.92	-1.62	-9.24
EBT Excluding Unusual Items	33.19	40.86	54.72	41.72	74.4
Gain (Loss) on Sale of Investments	-	-	-	3.88	-
Pretax Income	33.19	40.86	54.72	45.59	74.4
Income Tax Expense	8.05	3.2	16.14	14.48	21.56
Net Income	25.14	37.67	38.58	31.12	52.84
Net Income to Common	25.14	37.67	38.58	31.12	52.84
Net Income Growth	-33.26%	-2.36%	23.97%	-41.11%	726.96%
Shares Outstanding (Basic)	46	46	46	46	46
Shares Outstanding (Diluted)	57	57	57	57	57
EPS (Basic)	0.55	0.82	0.84	0.68	1.15
EPS (Diluted)	0.44	0.66	0.67	0.54	0.92
EPS Growth	-33.26%	-2.36%	23.97%	-41.11%	727.21%
Free Cash Flow	5.17	-6.86	7.29	15.38	42.71
Free Cash Flow Per Share	0.09	-0.12	0.13	0.27	0.74
Dividend Per Share	-	-	0.861	-	-
Gross Margin	17.20%	21.27%	21.77%	23.95%	28.19%
Operating Margin	5.88%	10.46%	12.34%	11.73%	18.50%
Profit Margin	5.18%	7.38%	7.90%	7.16%	11.52%
Free Cash Flow Margin	1.07%	-1.34%	1.49%	3.54%	9.31%
EBITDA	41.84	64.38	70.25	59.48	95.75
EBITDA Margin	8.63%	12.61%	14.39%	13.69%	20.88%
D&A For EBITDA	13.32	10.95	10.01	8.51	10.91
EBIT	28.52	53.43	60.25	50.96	84.84
EBIT Margin	5.88%	10.46%	12.34%	11.73%	18.50%
Effective Tax Rate	24.25%	7.82%	29.50%	31.75%	28.98%
Advertising Expenses	-	-	-	0.99	1.04

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