Fermentalg 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	13.38	11.5	4.06	7.65	5.65
Other Revenue	-	-	-0	-	-
Revenue	13.38	11.5	4.06	7.65	5.65
Revenue Growth (YoY)	16.41%	183.39%	-46.95%	35.44%	156.10%
Cost of Revenue	11.09	9	3.52	5.83	3.66
Gross Profit	2.29	2.5	0.54	1.82	1.98
Research & Development	5.24	4.79	4.41	4.77	4.65
Other Operating Expenses	8.07	8.42	8.09	7.1	6.91
Operating Expenses	13.2	13.36	12.67	12.07	11.61
Operating Income	-10.91	-10.86	-12.14	-10.26	-9.63
Interest Expense	-0.45	-0.44	-0.48	-0.44	-0.69
Interest & Investment Income	0.25	0.4	0.29	0.02	0.05
Earnings From Equity Investments	-	-3.12	-0.88	-0.46	-0.32
Other Non Operating Income (Expenses)	1.67	1.11	-0.21	1.43	1.12
EBT Excluding Unusual Items	-9.44	-12.91	-13.41	-9.71	-9.47
Asset Writedown	-	-0.05	-0.35	0.13	1.96
Legal Settlements	-	0.04	0.18	-0.13	-
Other Unusual Items	-	0.04	-0.56	-0.17	0.67
Pretax Income	-9.44	-12.88	-14.15	-9.87	-6.85
Earnings From Continuing Operations	-9.44	-12.88	-14.15	-9.87	-6.85
Net Income	-9.44	-12.88	-14.15	-9.87	-6.85
Net Income to Common	-9.44	-12.88	-14.15	-9.87	-6.85
Shares Outstanding (Basic)	105	74	44	41	36
Shares Outstanding (Diluted)	105	74	44	41	36
Shares Change (YoY)	40.87%	68.25%	6.85%	15.75%	65.13%
EPS (Basic)	-0.09	-0.17	-0.32	-0.24	-0.19
EPS (Diluted)	-0.09	-0.17	-0.32	-0.24	-0.19
Free Cash Flow	-7.19	-1.18	-9.13	-9.65	-9.37
Free Cash Flow Per Share	-0.07	-0.02	-0.21	-0.23	-0.26
Gross Margin	17.13%	21.70%	13.19%	23.76%	35.12%
Operating Margin	-81.52%	-94.49%	-299.16%	-134.09%	-170.51%
Profit Margin	-70.51%	-111.99%	-348.73%	-129.11%	-121.30%
Free Cash Flow Margin	-53.72%	-10.25%	-225.14%	-126.16%	-165.84%
EBITDA	-7.85	-9.16	-9.9	-8.63	-8.91
EBITDA Margin	-58.65%	-79.65%	-244.07%	-112.80%	-157.71%
D&A For EBITDA	3.06	1.71	2.24	1.63	0.72
EBIT	-10.91	-10.86	-12.14	-10.26	-9.63
EBIT Margin	-81.52%	-94.49%	-299.16%	-134.09%	-170.51%

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