Global Fashion Group 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	679.8	722.6	838	1,069	1,036
Revenue Growth (YoY)	-5.92%	-13.77%	-21.62%	3.21%	-23.81%
Cost of Revenue	364.3	398.2	485.1	616.5	587.6
Gross Profit	315.5	324.4	352.9	452.7	448.3
Selling, General & Admin	359.2	401.4	472.1	552.4	527.9
Other Operating Expenses	-3.1	-5.2	1.9	0.3	5.6
Operating Expenses	356.5	397.1	474.8	554.2	535.3
Operating Income	-41	-72.7	-121.9	-101.5	-87
Interest Expense	-10.8	-12.6	-21.7	-28.9	-26
Interest & Investment Income	3.6	9.1	6.3	1	1.5
Currency Exchange Gain (Loss)	-8.4	-6	-	7.4	-3.4
EBT Excluding Unusual Items	-56.6	-82.2	-137.3	-122	-114.9
Impairment of Goodwill	-	-	-40.2	-41.2	-22.1
Gain (Loss) on Sale of Investments	-	0.8	9.6	-12.4	-0.8
Gain (Loss) on Sale of Assets	0.3	-0.5	-1.9	-0.8	-0.2
Asset Writedown	-0.4	-2.3	-14.5	-	-
Other Unusual Items	1.1	12.9	18.3	9.3	3.2
Pretax Income	-55.6	-71.3	-166	-167.1	-134.8
Income Tax Expense	0.1	6.6	13.9	7.7	-10.8
Earnings From Continuing Operations	-55.7	-77.9	-179.9	-174.8	-124
Earnings From Discontinued Operations	-6.5	-7.2	-1.6	-21.8	-0.8
Net Income to Company	-62.2	-85.1	-181.5	-196.6	-124.8
Minority Interest in Earnings	1.9	2.6	3.1	0.3	0.6
Net Income	-60.3	-82.5	-178.4	-196.3	-124.2
Net Income to Common	-60.3	-82.5	-178.4	-196.3	-124.2
Shares Outstanding (Basic)	224	224	223	220	216
Shares Outstanding (Diluted)	224	224	223	220	216
Shares Change (YoY)	-0.13%	0.36%	1.36%	1.80%	9.14%
EPS (Basic)	-0.27	-0.37	-0.80	-0.89	-0.57
EPS (Diluted)	-0.27	-0.37	-0.80	-0.89	-0.57
Free Cash Flow	5.8	-18.9	-52.1	69.8	-77
Free Cash Flow Per Share	0.03	-0.08	-0.23	0.32	-0.36
Gross Margin	46.41%	44.89%	42.11%	42.34%	43.28%
Operating Margin	-6.03%	-10.06%	-14.55%	-9.49%	-8.40%
Profit Margin	-8.87%	-11.42%	-21.29%	-18.36%	-11.99%
Free Cash Flow Margin	0.85%	-2.62%	-6.22%	6.53%	-7.43%
EBITDA	-26.9	-54	-102	-62.7	-46
EBITDA Margin	-3.96%	-7.47%	-12.17%	-5.86%	-4.44%
D&A For EBITDA	14.1	18.7	19.9	38.8	41
EBIT	-41	-72.7	-121.9	-101.5	-87
EBIT Margin	-6.03%	-10.06%	-14.55%	-9.49%	-8.40%

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