Martifer SGPS 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
Operating Revenue	282.8	254.61	211.67	190.4	209.32
Other Revenue	13.6	1.56	0.61	1.66	2.81
Revenue	296.4	256.18	212.28	192.06	212.13
Revenue Growth (YoY)	15.70%	20.68%	10.53%	-9.46%	-6.65%
Cost of Revenue	153.54	134.7	117.62	95.29	119.73
Gross Profit	142.86	121.47	94.66	96.77	92.4
Selling, General & Admin	110.35	88.43	76	68.54	72.53
Amortization of Goodwill & Intangibles	-	6.6	5.84	5.74	-
Other Operating Expenses	8.1	-2.86	-0.65	-1.54	1.07
Operating Expenses	125.37	91.99	66.7	86.35	78.89
Operating Income	17.48	29.48	27.96	10.42	13.51
Interest Expense	-8.07	-7.71	-7.7	-4.4	-3.94
Interest & Investment Income	-	1.74	0.3	0.03	0.05
Earnings From Equity Investments	-0.06	0.13	0.63	3.04	1.86
Currency Exchange Gain (Loss)	-	-0.32	0.86	-1.45	4.26
Other Non Operating Income (Expenses)	1.78	-0.76	-1.11	-0.78	-0.78
EBT Excluding Unusual Items	11.14	22.55	20.94	6.86	14.95
Gain (Loss) on Sale of Investments	-	-0.59	0.09	0.03	-0
Gain (Loss) on Sale of Assets	-	2.88	0.57	8.49	1.82
Asset Writedown	-	-	-	-	-2.35
Legal Settlements	-	0.01	0.02	0.06	-
Pretax Income	11.14	24.86	21.61	15.44	14.43
Income Tax Expense	1.62	1.48	0.53	1.29	1.76
Earnings From Continuing Operations	9.51	23.38	21.08	14.16	12.67
Net Income to Company	9.51	23.38	21.08	14.16	12.67
Minority Interest in Earnings	-0.05	-0.38	-1.39	-0.82	-1.4
Net Income	9.47	23	19.7	13.34	11.27
Net Income to Common	9.47	23	19.7	13.34	11.27
Net Income Growth	-58.84%	16.77%	47.64%	18.40%	78.89%
Shares Outstanding (Basic)	98	98	98	98	98
Shares Outstanding (Diluted)	98	98	98	98	98
Shares Change (YoY)	0.00%	-	-	-	-
EPS (Basic)	0.10	0.24	0.20	0.14	0.12
EPS (Diluted)	0.10	0.24	0.20	0.14	0.12
EPS Growth	-58.84%	16.77%	47.64%	18.40%	78.89%
Free Cash Flow	-44.76	30.63	46.92	10.7	4.32
Free Cash Flow Per Share	-0.46	0.31	0.48	0.11	0.04
Dividend Per Share	-	0.120	-	-	-
Gross Margin	48.20%	47.42%	44.59%	50.38%	43.56%
Operating Margin	5.90%	11.51%	13.17%	5.42%	6.37%
Profit Margin	3.19%	8.98%	9.28%	6.95%	5.31%
Free Cash Flow Margin	-15.10%	11.96%	22.10%	5.57%	2.04%
EBITDA	22.05	34.05	32.12	14.83	17.83
EBITDA Margin	7.44%	13.29%	15.13%	7.72%	8.41%
D&A For EBITDA	4.56	4.56	4.16	4.41	4.32
EBIT	17.48	29.48	27.96	10.42	13.51
EBIT Margin	5.90%	11.51%	13.17%	5.42%	6.37%
Effective Tax Rate	14.58%	5.94%	2.46%	8.32%	12.21%
Advertising Expenses	-	0.32	0.38	0.46	0.08

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