Mare Nostrum 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	120	123.1	175	179.18	162.51
Revenue Growth	-2.52%	-29.66%	-2.33%	10.26%	26.63%
Cost of Revenue	108.7	121.4	173.3	131.87	119.53
Gross Profit	11.3	1.7	1.7	47.31	42.99
Selling, General & Admin	-	-	-	40.64	35.08
Depreciation & Amortization Expenses	-	-	-	1.68	1.58
Other Operating Expenses	2	2	3.4	5.46	5.14
Total Operating Expenses	2	2	3.4	47.77	41.8
Operating Income	9.3	-0.3	-1.7	-0.46	1.19
Interest Income	-	-	-	0.01	0.02
Other Non-Operating Income (Expense)	17.8	-5.7	-2	-0.54	-1.35
Total Non-Operating Income (Expense)	17.8	-5.7	-2	-0.54	-1.33
Pretax Income	27.1	-6	-3.7	-1	-0.14
Provision for Income Taxes	0.03	0.5	0.9	0.7	0.04
Net Income	24.2	-10.5	-12	-1.7	-0.18
Minority Interest in Earnings	-	-	-	0.42	0.35
Net Income to Common	23.4	-9.9	-11.7	-2.12	-0.54
Net Income Growth	-	-	-	-	-
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change	-	-	-	-	-
EPS (Basic)	3.09	-1.31	-1.54	-0.28	-0.07
EPS (Diluted)	3.09	-1.31	-1.54	-0.28	-0.07
EPS Growth	-	-	-	-	-
Free Cash Flow	0	0	0	-1.78	0.19
Free Cash Flow Growth	-	-	-	-	-
Free Cash Flow Per Share	-	-	-	-0.24	0.03
Gross Margin	9.42%	1.38%	0.97%	26.40%	26.45%
Operating Margin	7.75%	-0.24%	-0.97%	-0.26%	0.73%
Profit Margin	20.17%	-8.53%	-6.86%	-0.95%	-0.11%
FCF Margin	0.00%	0.00%	0.00%	-1.00%	0.12%
EBITDA	9.3	-0.3	-1.7	0.93	2.22
EBITDA Margin	7.75%	-0.24%	-0.97%	0.52%	1.36%
EBIT	9.3	-0.3	-1.7	-0.46	1.19
EBIT Margin	7.75%	-0.24%	-0.97%	-0.26%	0.73%
Effective Tax Rate	0.11%	-8.33%	-24.32%	-70.07%	-25.69%