CBSE:SRM 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
Revenue	393.65	356.47	312.98	359.69	286.94
Revenue Growth (YoY)	10.43%	13.89%	-12.98%	25.35%	15.73%
Cost of Revenue	322.78	299.29	264.95	307.32	244.53
Gross Profit	70.87	57.17	48.04	52.37	42.41
Selling, General & Admin	46.53	48.33	47.02	42.98	39.22
Other Operating Expenses	3.43	1.56	1.71	2.98	-1.78
Operating Expenses	49.96	49.89	48.73	45.96	37.44
Operating Income	20.91	7.28	-0.69	6.41	4.98
Interest Expense	-5.42	-5.61	-7.01	-5.8	-6.16
Interest & Investment Income	2.13	2.13	1.61	1.56	1.68
Currency Exchange Gain (Loss)	-0.11	0.58	-0.53	-0.4	-0.25
Other Non Operating Income (Expenses)	0.17	-0.84	-0.65	-0.01	-0.08
EBT Excluding Unusual Items	17.69	3.54	-7.27	1.76	0.16
Gain (Loss) on Sale of Assets	0.02	-	-	-	-
Other Unusual Items	-1.97	-0.72	-0.59	2.98	0.95
Pretax Income	15.73	2.82	-7.86	4.74	1.11
Income Tax Expense	3.67	0.9	0.79	2.05	2.12
Net Income	12.07	1.92	-8.65	2.69	-1.02
Net Income to Common	12.07	1.92	-8.65	2.69	-1.02
Net Income Growth	527.88%	-	-	-	-
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
Shares Change (YoY)	0.08%	-0.08%	-0.00%	-0.09%	0.09%
EPS (Basic)	37.71	6.01	-27.03	8.41	-3.17
EPS (Diluted)	37.71	6.01	-27.03	8.41	-3.17
EPS Growth	527.40%	-	-	-	-
Free Cash Flow	-	1.96	-16.92	5.76	-76.7
Free Cash Flow Per Share	-	6.12	-52.89	17.99	-239.46
Gross Margin	18.00%	16.04%	15.35%	14.56%	14.78%
Operating Margin	5.31%	2.04%	-0.22%	1.78%	1.74%
Profit Margin	3.06%	0.54%	-2.76%	0.75%	-0.35%
Free Cash Flow Margin	-	0.55%	-5.41%	1.60%	-26.73%
EBITDA	21.23	7.6	-0.36	6.78	5.28
EBITDA Margin	5.39%	2.13%	-0.11%	1.88%	1.84%
D&A For EBITDA	0.32	0.32	0.33	0.37	0.31
EBIT	20.91	7.28	-0.69	6.41	4.98
EBIT Margin	5.31%	2.04%	-0.22%	1.78%	1.74%
Effective Tax Rate	23.31%	31.90%	-	43.25%	191.64%
Revenue as Reported	403.5	359.77	318.46	367.81	294.68

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