Wavestone SA (EPA:WAVE)

Wavestone Income Statement

Financials in millions EUR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	943.94	943.67	701.06	532.26	470.06	417.61
Revenue Growth (YoY)	7.00%	34.61%	31.71%	13.23%	12.56%	-1.05%
Cost of Revenue	747.97	740.32	533.27	395.03	347.21	324.12
Gross Profit	195.97	203.35	167.79	137.23	122.85	93.49
Selling, General & Admin	56.79	66.39	52.05	46.59	34.43	23.7
Amortization of Goodwill & Intangibles	7.63	8.37	3.81	1.49	1.49	1.49
Other Operating Expenses	8.68	7.94	7.61	7.52	7.59	6.79
Operating Expenses	73.94	82.7	63.46	55.6	43.52	31.99
Operating Income	122.03	120.65	104.33	81.63	79.34	61.5
Interest Expense	-4.21	-5.05	-2.79	-1.77	-0.9	-1.14
Other Non Operating Income (Expenses)	-1.57	-2	-2.49	-2.35	-0.02	-1.45
EBT Excluding Unusual Items	116.47	113.6	99.05	77.52	78.42	58.91
Merger & Restructuring Charges	-0.22	-	-	-	-	-
Gain (Loss) on Sale of Investments	0.7	0.7	0.76	0.01	0.02	0.01
Asset Writedown	-11.29	-10.93	-8.11	-5.77	-6.02	-9.72
Other Unusual Items	0.29	-0.16	-10.44	-3.17	-0.5	-8.52
Pretax Income	105.95	103.22	81.26	68.58	71.91	40.67
Income Tax Expense	26.89	27.3	22.67	18.51	20.88	15.3
Earnings From Continuing Operations	79.06	75.92	58.59	50.07	51.03	25.38
Minority Interest in Earnings	-0.42	-0.36	-0.39	-	-	-
Net Income	78.64	75.56	58.2	50.07	51.03	25.38
Net Income to Common	78.64	75.56	58.2	50.07	51.03	25.38
Net Income Growth	25.90%	29.83%	16.24%	-1.89%	101.09%	-18.51%
Shares Outstanding (Basic)	24	24	21	20	20	20
Shares Outstanding (Diluted)	24	24	21	20	20	20
Shares Change (YoY)	2.58%	13.98%	7.49%	-0.29%	0.36%	0.33%
EPS (Basic)	3.22	3.09	2.71	2.51	2.55	1.27
EPS (Diluted)	3.22	3.09	2.71	2.51	2.55	1.27
EPS Growth	22.97%	14.02%	7.99%	-1.59%	100.79%	-18.95%
Free Cash Flow	104.47	84.44	79.98	37.44	55.88	70.07
Free Cash Flow Per Share	4.28	3.45	3.73	1.88	2.79	3.51
Dividend Per Share	0.460	0.460	0.380	0.380	0.380	0.230
Dividend Growth	21.05%	21.05%	-	-	65.22%	-
Gross Margin	20.76%	21.55%	23.93%	25.78%	26.14%	22.39%
Operating Margin	12.93%	12.78%	14.88%	15.34%	16.88%	14.73%
Profit Margin	8.33%	8.01%	8.30%	9.41%	10.86%	6.08%
Free Cash Flow Margin	11.07%	8.95%	11.41%	7.03%	11.89%	16.78%
EBITDA	133.84	133.33	111.55	87.22	83.38	75.69
EBITDA Margin	14.18%	14.13%	15.91%	16.39%	17.74%	18.13%
D&A For EBITDA	11.82	12.69	7.22	5.59	4.05	14.19
EBIT	122.03	120.65	104.33	81.63	79.34	61.5
EBIT Margin	12.93%	12.78%	14.88%	15.34%	16.88%	14.73%
Effective Tax Rate	25.38%	26.45%	27.90%	26.99%	29.04%	37.61%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.