We.Connect 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	453.89	300.2	264.09	237.47	217.49
Other Revenue	-	-	-0.02	-	-
Revenue	453.89	300.2	264.07	237.47	217.49
Revenue Growth (YoY)	51.20%	13.68%	11.20%	9.19%	2.89%
Cost of Revenue	410.38	266.52	234.48	212.33	197.55
Gross Profit	43.51	33.68	29.59	25.14	19.95
Selling, General & Admin	16.05	11.29	9.8	8.47	5.83
Other Operating Expenses	-20.36	9.22	7.95	6.87	3.84
Operating Expenses	2.41	21.17	18.84	16.06	10.81
Operating Income	41.09	12.5	10.75	9.09	9.14
Interest Expense	-0.72	-0.87	-0.85	-0.52	-0.27
Interest & Investment Income	-	0	0.13	0.91	0.3
Currency Exchange Gain (Loss)	0.23	-0.48	0.48	0	-0.52
Other Non Operating Income (Expenses)	2.96	0.2	-	-0	0
EBT Excluding Unusual Items	43.56	11.36	10.5	9.48	8.65
Gain (Loss) on Sale of Investments	-1.78	-0.53	-0.3	-1.15	-0.23
Gain (Loss) on Sale of Assets	0.04	-	-	-	-
Other Unusual Items	-1.28	-1.48	2.19	1.63	-0.55
Pretax Income	40.55	9.34	12.39	9.95	7.87
Income Tax Expense	3.06	1.63	2.84	2.08	1.51
Earnings From Continuing Operations	37.49	7.71	9.55	7.88	6.35
Net Income	37.49	7.71	9.55	7.88	6.35
Net Income to Common	37.49	7.71	9.55	7.88	6.35
Net Income Growth	386.16%	-19.24%	21.20%	23.98%	23.49%
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	6.25%	1.00%	0.48%	0.37%	0.31%
EPS (Basic)	12.72	2.78	3.48	2.88	2.33
EPS (Diluted)	12.72	2.78	3.48	2.88	2.33
EPS Growth	357.55%	-20.04%	20.62%	23.52%	23.11%
Free Cash Flow	1.21	1	20.11	-18.23	-6.33
Free Cash Flow Per Share	0.41	0.36	7.32	-6.67	-2.33
Dividend Per Share	0.400	0.400	0.400	0.400	0.400
Gross Margin	9.59%	11.22%	11.20%	10.59%	9.17%
Operating Margin	9.05%	4.17%	4.07%	3.83%	4.20%
Profit Margin	8.26%	2.57%	3.62%	3.32%	2.92%
Free Cash Flow Margin	0.27%	0.33%	7.61%	-7.68%	-2.91%
EBITDA	42.05	12.92	11.06	9.44	9.38
EBITDA Margin	9.26%	4.30%	4.19%	3.98%	4.31%
D&A For EBITDA	0.95	0.41	0.31	0.35	0.25
EBIT	41.09	12.5	10.75	9.09	9.14
EBIT Margin	9.05%	4.17%	4.07%	3.83%	4.20%
Effective Tax Rate	7.55%	17.45%	22.95%	20.86%	19.21%
Advertising Expenses	1.17	0.73	0.45	0.35	0.14

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