SP Group Income Statement

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

Millions DKK. 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	2,948	2,922	2,606	2,656	2,481
Revenue Growth (YoY)	0.90%	12.10%	-1.88%	7.07%	13.90%
Cost of Revenue	1,317	1,365	1,330	1,779	1,678
Gross Profit	1,631	1,557	1,276	877.05	802.92
Selling, General & Admin	1,038	973.76	837.89	401.73	384.91
Other Operating Expenses	-0.68	-2.7	-2.04	-2.31	-4.09
Operating Expenses	1,235	1,174	1,036	581.73	534.67
Operating Income	396.05	382.73	240.54	295.32	268.25
Interest Expense	-51.51	-64.31	-61.86	-30.3	-21.49
Interest & Investment Income	7.59	9.61	21.75	0.9	0.31
Earnings From Equity Investments	-0.05	-0.02	-0.07	-	-
Currency Exchange Gain (Loss)	-8.56	1.96	-	0.07	5.76
EBT Excluding Unusual Items	343.52	329.98	200.36	265.99	252.84
Gain (Loss) on Sale of Assets	1.51	2.78	0.7	0.81	0.81
Other Unusual Items	-	12	-	1.73	4.13
Pretax Income	345.03	344.76	201.06	268.53	257.77
Income Tax Expense	77.9	82.32	41.84	55.09	54.56
Earnings From Continuing Operations	267.13	262.44	159.22	213.44	203.22
Minority Interest in Earnings	-2.14	-1.5	-0.72	-0.6	-0.47
Net Income	265	260.93	158.51	212.84	202.74
Net Income to Common	265	260.93	158.51	212.84	202.74
Net Income Growth	1.56%	64.62%	-25.53%	4.98%	34.44%
Shares Outstanding (Basic)	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12
Shares Change (YoY)	-1.07%	-0.45%	-0.11%	-1.32%	4.30%
EPS (Basic)	22.21	21.59	13.04	17.49	16.63
EPS (Diluted)	22.13	21.56	13.04	17.49	16.44
EPS Growth	2.64%	65.35%	-25.45%	6.39%	28.94%
Free Cash Flow	211.22	334.96	177.09	50.55	49.73
Free Cash Flow Per Share	17.64	27.68	14.57	4.15	4.03
Dividend Per Share	4.000	4.000	3.000	3.000	3.000
Dividend Growth	-	33.33%	-	-	-40.00%
Gross Margin	55.32%	53.29%	48.96%	33.02%	32.37%
Operating Margin	13.43%	13.10%	9.23%	11.12%	10.81%
Profit Margin	8.99%	8.93%	6.08%	8.01%	8.17%
Free Cash Flow Margin	7.16%	11.46%	6.79%	1.90%	2.00%
EBITDA	538.11	527.79	381.32	427.14	377.34
EBITDA Margin	18.25%	18.06%	14.63%	16.08%	15.21%
D&A For EBITDA	142.06	145.06	140.78	131.82	109.09
EBIT	396.05	382.73	240.54	295.32	268.25
EBIT Margin	13.43%	13.10%	9.23%	11.12%	10.81%
Effective Tax Rate	22.58%	23.88%	20.81%	20.52%	21.16%

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