ZEAL Network SE (ETR:TIMA)

ZEAL Network SE Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	218.45	188.2	116.05	105.2	83.33
Other Revenue	1.71	2.72	0.43	0.48	0.48
Revenue	220.16	190.92	116.48	105.68	83.81
Revenue Growth (YoY)	15.32%	63.92%	10.21%	26.09%	-5.30%
Cost of Revenue	59.5	49.98	34.57	29.54	28.63
Gross Profit	160.66	140.94	81.91	76.14	55.19
Selling, General & Admin	68.57	56.91	36.02	34.13	22.36
Other Operating Expenses	23.22	22.25	13.1	10.36	9.43
Operating Expenses	100.48	87.35	58.38	53.21	40.48
Operating Income	60.19	53.59	23.53	22.92	14.71
Interest Expense	-4.65	-2.82	-1.53	-0.7	-1.5
Interest & Investment Income	-	0.45	0.45	1.03	0.13
Earnings From Equity Investments	0.22	-0.19	0.02	-0.19	-0.3
Currency Exchange Gain (Loss)	-0.05	0.08	0.11	0.01	-0.05
Other Non Operating Income (Expenses)	0.36	-0.37	-0.24	-0.05	-0.17
EBT Excluding Unusual Items	56.06	50.74	22.35	23.02	12.83
Gain (Loss) on Sale of Investments	-0.21	-0.45	-0.03	-0.21	-0.55
Legal Settlements	-	-	-	-	0.93
Pretax Income	55.86	50.29	22.32	22.81	16.65
Income Tax Expense	14.15	-9.15	8.6	6.24	5.25
Earnings From Continuing Operations	41.71	59.44	13.72	16.57	11.4
Minority Interest in Earnings	-	-1.05	-0.87	-0.61	-0.62
Net Income	41.71	58.39	12.85	15.96	10.79
Net Income to Common	41.71	58.39	12.85	15.96	10.79
Net Income Growth	-28.57%	354.45%	-19.50%	47.97%	32.16%
Shares Outstanding (Basic)	21	22	22	22	22
Shares Outstanding (Diluted)	21	22	22	22	22
Shares Change (YoY)	-2.53%	-0.20%	-2.91%	-0.26%	0.02%
EPS (Basic)	1.98	2.70	0.59	0.72	0.48
EPS (Diluted)	1.98	2.70	0.59	0.72	0.48
EPS Growth	-26.67%	357.63%	-17.55%	48.36%	32.13%
Free Cash Flow	60.61	74.56	25.18	27.62	25.83
Free Cash Flow Per Share	2.88	3.45	1.16	1.24	1.16
Dividend Per Share	-	1.300	1.100	1.000	1.000
Dividend Growth	-	18.18%	10.00%	-	11.11%
Gross Margin	72.97%	73.82%	70.32%	72.04%	65.84%
Operating Margin	27.34%	28.07%	20.21%	21.69%	17.55%
Profit Margin	18.95%	30.58%	11.03%	15.10%	12.87%
Free Cash Flow Margin	27.53%	39.05%	21.62%	26.13%	30.81%
EBITDA	68.2	61.36	31.51	30.87	22.55
EBITDA Margin	30.98%	32.14%	27.05%	29.21%	26.91%
D&A For EBITDA	8.01	7.78	7.97	7.95	7.84
EBIT	60.19	53.59	23.53	22.92	14.71
EBIT Margin	27.34%	28.07%	20.21%	21.69%	17.55%
Effective Tax Rate	25.32%	-	38.53%	27.35%	31.53%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.