Spadel Income Statement

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

Millions EUR. 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	399.52	357.29	345.94	320.75	282.16
Revenue Growth (YoY)	11.82%	3.28%	7.85%	13.68%	5.83%
Cost of Revenue	228.52	207.4	224.94	217.53	175.19
Gross Profit	171	149.89	121	103.22	106.97
Selling, General & Admin	94.88	83.11	74.5	67.96	63.89
Other Operating Expenses	-9.49	-3.45	-10.32	-6.62	-12.96
Operating Expenses	109.55	102.26	86.81	83.03	70.95
Operating Income	61.44	47.63	34.2	20.2	36.03
Interest Expense	-0.16	-0.26	-0.27	-0.09	-0.19
Interest & Investment Income	1.48	2.85	1.07	0.14	0.28
Earnings From Equity Investments	-	-	-	-0.58	-0.15
Other Non Operating Income (Expenses)	1.23	0.55	1.38	-0.56	-0.09
EBT Excluding Unusual Items	63.98	50.77	36.38	19.12	35.87
Merger & Restructuring Charges	-0.15	-0.14	-0.42	0.15	0.02
Gain (Loss) on Sale of Investments	-	-	-1.52	-2.5	-
Gain (Loss) on Sale of Assets	0.11	0.93	0.15	0.41	0.44
Asset Writedown	-	-	-	-	-0.24
Pretax Income	63.95	51.56	34.58	17.18	36.09
Income Tax Expense	12.76	10.53	6.35	4.39	9.44
Earnings From Continuing Operations	51.19	41.03	28.24	12.79	26.65
Minority Interest in Earnings	0.01	-0	-0	-	-
Net Income	51.19	41.03	28.23	12.79	26.65
Net Income to Common	51.19	41.03	28.23	12.79	26.65
Net Income Growth	24.77%	45.31%	120.79%	-52.01%	-2.51%
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
EPS (Basic)	12.33	9.89	6.80	3.08	6.42
EPS (Diluted)	12.33	9.89	6.80	3.08	6.42
EPS Growth	24.72%	45.39%	120.78%	-52.02%	-2.53%
Free Cash Flow	39.71	45.72	41.69	20.43	30.57
Free Cash Flow Per Share	9.57	11.02	10.05	4.92	7.37
Dividend Per Share	4.000	3.200	2.200	1.500	2.000
Dividend Growth	25.00%	45.45%	46.67%	-25.00%	-
Gross Margin	42.80%	41.95%	34.98%	32.18%	37.91%
Operating Margin	15.38%	13.33%	9.88%	6.30%	12.77%
Profit Margin	12.81%	11.48%	8.16%	3.99%	9.45%
Free Cash Flow Margin	9.94%	12.80%	12.05%	6.37%	10.83%
EBITDA	84.96	69.52	54.59	39.76	54.69
EBITDA Margin	21.27%	19.46%	15.78%	12.39%	19.38%
D&A For EBITDA	23.52	21.89	20.39	19.56	18.67
EBIT	61.44	47.63	34.2	20.2	36.03
EBIT Margin	15.38%	13.33%	9.88%	6.30%	12.77%
Effective Tax Rate	19.96%	20.42%	18.35%	25.55%	26.16%

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