Valmore Holding Income Statement

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

Millions USD. 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	684.93	551.74	747.7	1,053	767.51
Revenue Growth (YoY)	24.14%	-26.21%	-29.01%	37.23%	37.57%
Cost of Revenue	453.64	360.1	443.56	574.14	472.19
Gross Profit	231.29	191.64	304.15	479.13	295.32
Selling, General & Admin	86.27	87.22	60.15	72.81	78.46
Other Operating Expenses	-8.38	-17.7	-10.36	-4.31	15.7
Operating Expenses	44.44	72.72	62.12	71.64	97.19
Operating Income	186.85	118.92	242.02	407.49	198.14
Interest Expense	-58.13	-62.47	-66.47	-36.93	-25.49
Interest & Investment Income	65.03	52.68	70.27	58.31	69.12
Earnings From Equity Investments	1.96	1.44	1.88	2.16	1.5
Currency Exchange Gain (Loss)	-6.09	59.94	28.87	14.27	2.71
EBT Excluding Unusual Items	189.62	170.51	276.58	445.3	245.98
Impairment of Goodwill	-	-	-	-5.1	-
Gain (Loss) on Sale of Investments	6.3	9.83	-	-	-
Gain (Loss) on Sale of Assets	0.2	0.79	0	0.42	0.86
Asset Writedown	0.51	-0.2	-0.28	-	-
Other Unusual Items	-	-	11.08	13.77	-
Pretax Income	196.63	180.93	287.38	454.4	246.84
Income Tax Expense	50.43	53	69.57	92.31	57.3
Earnings From Continuing Operations	146.2	127.93	217.81	362.08	189.54
Earnings From Discontinued Operations	8.93	17.86	-	-	-
Net Income to Company	155.13	145.79	217.81	362.08	189.54
Minority Interest in Earnings	-21.85	-18.69	-38.64	-121.02	-48.76
Net Income	133.28	127.1	179.18	241.06	140.78
Preferred Dividends & Other Adjustments	-	-	27.39	33.32	-
Net Income to Common	133.28	127.1	151.78	207.74	140.78
Net Income Growth	4.86%	-29.07%	-25.67%	71.23%	21.05%
Shares Outstanding (Basic)	1,175	1,180	1,183	1,184	1,184
Shares Outstanding (Diluted)	1,175	1,180	1,183	1,184	1,184
Shares Change (YoY)	-0.41%	-0.28%	-0.05%	-0.01%	0.79%
EPS (Basic)	0.11	0.11	0.13	0.18	0.12
EPS (Diluted)	0.11	0.11	0.13	0.18	0.12
EPS Growth	5.30%	-16.03%	-26.90%	47.58%	45.11%
Free Cash Flow	38.59	-39.12	195.49	152.73	66.31
Free Cash Flow Per Share	0.03	-0.03	0.17	0.13	0.06
Dividend Per Share	-	0.033	0.057	0.105	0.067
Dividend Growth	-	-41.68%	-45.46%	57.21%	-
Gross Margin	33.77%	34.73%	40.68%	45.49%	38.48%
Operating Margin	27.28%	21.55%	32.37%	38.69%	25.81%
Profit Margin	19.46%	23.04%	20.30%	19.72%	18.34%
Free Cash Flow Margin	5.63%	-7.09%	26.15%	14.50%	8.64%
EBITDA	234.15	167.94	315.98	465.25	244.49
EBITDA Margin	34.19%	30.44%	42.26%	44.17%	31.86%
D&A For EBITDA	47.3	49.02	73.96	57.76	46.36
EBIT	186.85	118.92	242.02	407.49	198.14
EBIT Margin	27.28%	21.55%	32.37%	38.69%	25.81%
Effective Tax Rate	25.65%	29.29%	24.21%	20.32%	23.21%

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