Hightech Payment Systems Income Statement

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

Millions MAD. 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	1,494	1,204	1,117	980.21	796.7
Other Revenue	56.94	40.91	35	24.86	34.48
Revenue	1,551	1,245	1,152	1,005	831.18
Revenue Growth (YoY)	24.51%	8.11%	14.60%	20.92%	15.33%
Cost of Revenue	888.56	718.28	666.94	612.14	501.05
Gross Profit	661.96	526.98	484.87	392.94	330.13
Selling, General & Admin	337.27	268.9	224.7	158.7	103.73
Amortization of Goodwill & Intangibles	46.29	22.15	11.27	11.27	9.1
Other Operating Expenses	104.99	104.51	63.82	70.78	81.97
Operating Expenses	488.55	395.56	299.79	240.75	194.79
Operating Income	173.41	131.42	185.08	152.19	135.33
Interest Expense	-53.23	-20.73	-9.79	-7.75	-7.07
Interest & Investment Income	-	-	-	1.27	0.96
Earnings From Equity Investments	16.25	18.16	16.68	16.38	10.7
Currency Exchange Gain (Loss)	-	-7.03	-6.79	30.86	-7.93
Other Non Operating Income (Expenses)	0	10.34	-9.84	-4.92	11.66
EBT Excluding Unusual Items	136.43	132.15	175.34	188.02	143.65
Other Unusual Items	-5.85	-12.52	-14.35	-26.9	-10.48
Pretax Income	130.58	119.63	160.99	161.12	133.17
Income Tax Expense	24.8	44.33	61.05	44.04	34.32
Net Income	105.78	75.3	99.93	117.08	98.85
Net Income to Common	105.78	75.3	99.93	117.08	98.85
Net Income Growth	40.48%	-24.65%	-14.64%	18.44%	17.13%
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
Shares Change (YoY)	-0.10%	-0.05%	5.29%	0.00%	-0.04%
EPS (Basic)	14.30	10.17	13.49	16.64	14.05
EPS (Diluted)	14.30	10.17	13.49	16.64	14.05
EPS Growth	40.61%	-24.61%	-18.93%	18.43%	17.18%
Free Cash Flow	218.56	1.59	14.25	4.62	169.54
Free Cash Flow Per Share	29.55	0.21	1.92	0.66	24.10
Dividend Per Share	-	7.000	6.800	6.000	5.500
Dividend Growth	-	2.94%	13.33%	9.09%	10.00%
Gross Margin	42.69%	42.32%	42.10%	39.10%	39.72%
Operating Margin	11.18%	10.55%	16.07%	15.14%	16.28%
Profit Margin	6.82%	6.05%	8.68%	11.65%	11.89%
Free Cash Flow Margin	14.10%	0.13%	1.24%	0.46%	20.40%
EBITDA	254.52	184.64	223.38	186.89	168.38
EBITDA Margin	16.41%	14.83%	19.39%	18.59%	20.26%
D&A For EBITDA	81.11	53.22	38.29	34.7	33.05
EBIT	173.41	131.42	185.08	152.19	135.33
EBIT Margin	11.18%	10.55%	16.07%	15.14%	16.28%
Effective Tax Rate	18.99%	37.06%	37.92%	27.33%	25.77%
Revenue as Reported	1,551	1,267	1,191	1,007	833.33

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