Mauna Kea Technologies 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	8.22	7.66	10.48	7.48	7.7
Other Revenue	0.69	0.76	0.55	0.63	0.84
Revenue	8.91	8.42	11.03	8.11	8.54
Revenue Growth (YoY)	5.88%	-23.69%	35.97%	-5.02%	17.75%
Cost of Revenue	2.03	1.2	2.1	1.99	1.94
Gross Profit	6.88	7.22	8.93	6.12	6.6
Selling, General & Admin	7.73	8.93	10.5	10.49	13.82
Research & Development	3.39	3.52	3.82	4.03	3.27
Other Operating Expenses	-	0.28	0.18	0.26	0.29
Operating Expenses	12.08	13.27	14.62	15.11	17.93
Operating Income	-5.2	-6.05	-5.69	-8.98	-11.33
Interest Expense	-	-0.46	-0.27	-0.25	-0.03
Interest & Investment Income	19.9	-	-	0	-
Earnings From Equity Investments	-2.98	-1.68	-2.53	-	-
Currency Exchange Gain (Loss)	-	-0.15	-0.02	-0.46	-0.25
Other Non Operating Income (Expenses)	-	-2.04	-1.66	-1.41	-0.95
EBT Excluding Unusual Items	11.72	-10.37	-10.16	-11.1	-12.55
Merger & Restructuring Charges	-	-	-	-	-0.91
Gain (Loss) on Sale of Investments	-	-	-0.01	-	-
Other Unusual Items	-0.97	-0.03	6.92	-0.08	0.02
Pretax Income	10.76	-10.4	-3.25	-11.18	-13.45
Income Tax Expense	-0.02	-	0.48	-	-
Net Income	10.77	-10.4	-3.73	-11.18	-13.45
Net Income to Common	10.77	-10.4	-3.73	-11.18	-13.45
Shares Outstanding (Basic)	-	64	49	45	38
Shares Outstanding (Diluted)	-	64	49	45	38
Shares Change (YoY)	-	29.96%	10.75%	16.89%	24.75%
EPS (Basic)	-	-0.16	-0.08	-0.25	-0.35
EPS (Diluted)	-	-0.16	-0.08	-0.25	-0.35
Free Cash Flow	-	-6.51	-1.11	-8.95	-11.37
Free Cash Flow Per Share	-	-0.10	-0.02	-0.20	-0.30
Gross Margin	77.23%	85.78%	80.98%	75.49%	77.27%
Operating Margin	-58.32%	-71.88%	-51.56%	-110.76%	-132.65%
Profit Margin	120.91%	-123.64%	-33.80%	-137.85%	-157.45%
Free Cash Flow Margin	-	-77.36%	-10.08%	-110.41%	-133.16%
EBITDA	-4.62	-5.48	-5.13	-8.29	-10.57
EBITDA Margin	-51.87%	-65.06%	-46.56%	-102.24%	-123.73%
D&A For EBITDA	0.57	0.57	0.55	0.69	0.76
EBIT	-5.2	-6.05	-5.69	-8.98	-11.33
EBIT Margin	-58.32%	-71.88%	-51.56%	-110.76%	-132.65%
Revenue as Reported	8.91	8.42	11.03	8.11	8.54

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