TCM 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	1,279	1,204	1,084	1,146	1,108
Revenue Growth (YoY)	6.26%	11.04%	-5.40%	3.41%	8.17%
Cost of Revenue	988.72	948.38	868.33	915.4	853.67
Gross Profit	290.47	255.41	215.8	230.65	254.6
Selling, General & Admin	206.73	184.49	166.6	131.09	116.85
Other Operating Expenses	-10.1	-9.89	-5.41	-3.83	-
Operating Expenses	196.64	174.6	161.19	127.26	116.85
Operating Income	93.84	80.81	54.61	103.39	137.76
Interest Expense	-21.25	-24.16	-20.47	-9.22	-3.6
Interest & Investment Income	0.94	1.19	0.44	0.44	0.34
Earnings From Equity Investments	-1.35	5.73	2.19	-	0.55
Currency Exchange Gain (Loss)	0.2	-2.36	-0.2	-	-
Other Non Operating Income (Expenses)	-0.94	-1.27	-0.67	1.26	-
EBT Excluding Unusual Items	71.45	59.94	35.91	95.88	135.05
Merger & Restructuring Charges	-2.31	-	-7.9	-4.66	-1.3
Asset Writedown	-	-	-1.91	-	-
Other Unusual Items	24.76	9.5	1	-1.82	1.99
Pretax Income	93.9	69.44	27.09	89.4	135.74
Income Tax Expense	16.13	11.77	5.57	18.91	25.03
Net Income	77.77	57.68	21.52	70.49	110.71
Net Income to Common	77.77	57.68	21.52	70.49	110.71
Net Income Growth	34.84%	167.98%	-69.47%	-36.33%	8.28%
Shares Outstanding (Basic)	10	10	10	9	10
Shares Outstanding (Diluted)	10	10	10	9	10
Shares Change (YoY)	-0.78%	7.09%	7.69%	-5.31%	-4.07%
EPS (Basic)	7.51	5.52	2.20	7.77	11.55
EPS (Diluted)	7.48	5.51	2.20	7.76	11.54
EPS Growth	35.75%	150.46%	-71.65%	-32.76%	12.92%
Free Cash Flow	70.94	82.5	59.65	49.58	44.64
Free Cash Flow Per Share	6.83	7.88	6.10	5.46	4.65
Dividend Per Share	4.500	3.000	-	-	6.000
Dividend Growth	50.00%	-	-	-	9.09%
Gross Margin	22.71%	21.22%	19.91%	20.13%	22.97%
Operating Margin	7.33%	6.71%	5.04%	9.02%	12.43%
Profit Margin	6.08%	4.79%	1.98%	6.15%	9.99%
Free Cash Flow Margin	5.54%	6.85%	5.50%	4.33%	4.03%
EBITDA	123.1	109.94	80.69	116.59	149.41
EBITDA Margin	9.62%	9.13%	7.44%	10.17%	13.48%
D&A For EBITDA	29.27	29.13	26.08	13.2	11.66
EBIT	93.84	80.81	54.61	103.39	137.76
EBIT Margin	7.33%	6.71%	5.04%	9.02%	12.43%
Effective Tax Rate	17.17%	16.95%	20.56%	21.15%	18.44%

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