init innovation in traffic systems SE (ETR:IXX)

ETR:IXX Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	357.48	329.67	265.67	210.8	191.25	176.66
Revenue Growth (YoY)	25.16%	24.09%	26.03%	10.22%	8.26%	-2.22%
Cost of Revenue	229.34	208.91	167.27	130.41	114.69	113.99
Gross Profit	128.14	120.76	98.41	80.39	76.56	62.67
Selling, General & Admin	73.88	71.28	61.5	49.51	44.54	37.03
Research & Development	19.02	18.5	13.85	13.03	13.51	12.56
Other Operating Expenses	-0.87	-1.17	-2.86	-2.88	-3.07	-3.86
Operating Expenses	92.03	88.61	72.49	59.65	54.98	45.74
Operating Income	36.11	32.15	25.92	20.75	21.58	16.93
Interest Expense	-3.9	-3.82	-3.36	-2.02	-0.75	-1.05
Interest & Investment Income	0.19	0.24	0.36	0.28	0.02	0.02
Earnings From Equity Investments	0.05	0.05	0.31	0.14	0.18	0.27
Currency Exchange Gain (Loss)	1.02	0.33	-1.69	0.13	-0.75	0.36
EBT Excluding Unusual Items	33.47	28.94	21.54	19.28	20.28	16.54
Pretax Income	33.47	28.94	21.54	19.28	20.28	16.54
Income Tax Expense	11.41	9.55	6.36	4.13	3.78	4.1
Earnings From Continuing Operations	22.06	19.38	15.18	15.15	16.5	12.45
Minority Interest in Earnings	0.16	0.21	0.28	0.03	0.02	-0.03
Net Income	22.21	19.59	15.46	15.19	16.52	12.41
Net Income to Common	22.21	19.59	15.46	15.19	16.52	12.41
Net Income Growth	51.89%	26.67%	1.84%	-8.10%	33.12%	-16.83%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	0.68%	0.64%	-0.09%	-0.48%	-0.10%	-0.23%
EPS (Basic)	2.23	1.97	1.57	1.54	1.66	1.25
EPS (Diluted)	2.23	1.97	1.57	1.54	1.66	1.25
EPS Growth	50.64%	25.87%	1.93%	-7.66%	33.25%	-16.64%
Free Cash Flow	32.75	44.4	4.21	3.89	20.05	13.05
Free Cash Flow Per Share	3.29	4.47	0.43	0.39	2.02	1.31
Dividend Per Share	0.800	0.800	0.800	0.700	0.600	0.550
Dividend Growth	-	-	14.29%	16.67%	9.09%	-
Gross Margin	35.84%	36.63%	37.04%	38.14%	40.03%	35.48%
Operating Margin	10.10%	9.75%	9.76%	9.84%	11.29%	9.59%
Profit Margin	6.21%	5.94%	5.82%	7.20%	8.64%	7.03%
Free Cash Flow Margin	9.16%	13.47%	1.59%	1.85%	10.49%	7.39%
EBITDA	45.82	41.27	34.34	27.78	28.05	23.2
EBITDA Margin	12.82%	12.52%	12.93%	13.18%	14.67%	13.13%
D&A For EBITDA	9.71	9.12	8.42	7.03	6.47	6.26
EBIT	36.11	32.15	25.92	20.75	21.58	16.93
EBIT Margin	10.10%	9.75%	9.76%	9.84%	11.29%	9.59%
Effective Tax Rate	34.10%	33.01%	29.51%	21.42%	18.63%	24.76%
Advertising Expenses	-	1.84	2.84	2.42	-	-

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