Trainline Income Statement

Financials in millions GBP. Fiscal year is March - February.

Millions GBP. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Revenue	447.73	442.1	396.72	327.15	188.51	67.08
Revenue Growth (YoY)	4.40%	11.44%	21.27%	73.54%	181.01%	-74.27%
Cost of Revenue	83.87	89.78	91.43	74.92	44.63	18.41
Gross Profit	363.86	352.31	305.29	252.22	143.89	48.68
Selling, General & Admin	250.62	257.79	247.44	224.59	154.2	148.38
Operating Expenses	250.62	257.79	247.44	224.59	154.2	148.38
Operating Income	113.23	94.52	57.84	27.64	-10.31	-99.7
Interest Expense	-9.98	-8.11	-8.37	-10.27	-8.25	-7.64
Interest & Investment Income	3.49	4	2.75	0.73	0.04	0.02
Currency Exchange Gain (Loss)	2.83	-0.58	-1.84	0	-0.93	0.56
EBT Excluding Unusual Items	109.58	89.83	50.38	18.1	-19.46	-106.76
Merger & Restructuring Charges	-8.95	-8.95	-2.26	-	-	-
Other Unusual Items	-	-	-	3.99	3.91	-
Pretax Income	100.63	80.89	48.12	22.09	-15.54	-106.76
Income Tax Expense	27.49	22.54	14.13	0.87	-3.64	-15.46
Net Income	73.14	58.35	33.99	21.22	-11.91	-91.3
Net Income to Common	73.14	58.35	33.99	21.22	-11.91	-91.3
Net Income Growth	34.56%	71.68%	60.18%	-	-	-
Shares Outstanding (Basic)	431	446	467	469	478	478
Shares Outstanding (Diluted)	443	461	479	473	478	478
Shares Change (YoY)	-6.74%	-3.87%	1.33%	-0.95%	-0.09%	4.37%
EPS (Basic)	0.17	0.13	0.07	0.05	-0.02	-0.19
EPS (Diluted)	0.17	0.13	0.07	0.04	-0.02	-0.19
EPS Growth	44.22%	78.56%	58.26%	-	-	-
Free Cash Flow	134.47	136.76	118.88	37.2	195.05	-122.33
Free Cash Flow Per Share	0.30	0.30	0.25	0.08	0.41	-0.26
Gross Margin	81.27%	79.69%	76.95%	77.10%	76.33%	72.56%
Operating Margin	25.29%	21.38%	14.58%	8.45%	-5.47%	-148.63%
Profit Margin	16.34%	13.20%	8.57%	6.49%	-6.31%	-136.10%
Free Cash Flow Margin	30.03%	30.93%	29.97%	11.37%	103.47%	-182.36%
EBITDA	120.47	103.13	66.09	35.06	-1.1	-89.8
EBITDA Margin	26.91%	23.33%	16.66%	10.72%	-0.58%	-133.85%
D&A For EBITDA	7.23	8.6	8.24	7.42	9.22	9.91
EBIT	113.23	94.52	57.84	27.64	-10.31	-99.7
EBIT Margin	25.29%	21.38%	14.58%	8.45%	-5.47%	-148.63%
Effective Tax Rate	27.32%	27.86%	29.37%	3.95%	-	-

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