Synthaverse Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	71.76	58.61	50.38	41.15	40.16
Revenue Growth (YoY)	22.44%	16.32%	22.43%	2.48%	2.69%
Cost of Revenue	27.51	23.82	21.92	19.44	20.09
Gross Profit	44.25	34.78	28.47	21.71	20.07
Selling, General & Admin	31.97	24.94	17.12	14.88	15.67
Other Operating Expenses	-0.14	1.42	1.56	1.34	-1.37
Operating Expenses	31.82	26.37	18.68	16.22	14.3
Operating Income	12.43	8.42	9.79	5.49	5.77
Interest Expense	-3.11	-1.69	-1.61	-1.28	-1.65
Interest & Investment Income	-	0.48	0.32	-	0.07
Currency Exchange Gain (Loss)	-	-0.87	0.11	-	-0.01
Other Non Operating Income (Expenses)	0.32	-0	-0.32	0.01	-0.02
EBT Excluding Unusual Items	9.64	6.34	8.29	4.22	4.15
Gain (Loss) on Sale of Investments	-	-	-	-0.03	-
Gain (Loss) on Sale of Assets	-	-0.06	0.05	0.83	0.16
Asset Writedown	-	0.29	-	0.87	-
Pretax Income	9.64	6.57	8.35	5.89	4.31
Income Tax Expense	2.09	1.81	2.27	1.64	-0.13
Net Income	7.55	4.76	6.08	4.25	4.44
Net Income to Common	7.55	4.76	6.08	4.25	4.44
Net Income Growth	58.68%	-21.76%	43.12%	-4.28%	78.78%
Shares Outstanding (Basic)	-	70	65	63	62
Shares Outstanding (Diluted)	-	70	65	63	62
Shares Change (YoY)	-	7.46%	3.58%	1.39%	-
EPS (Basic)	-	0.07	0.09	0.07	0.07
EPS (Diluted)	-	0.07	0.09	0.07	0.07
EPS Growth	-	-24.76%	33.71%	-3.84%	75.53%
Free Cash Flow	-27.03	-117.95	-33.81	-21.71	-1.65
Free Cash Flow Per Share	-	-1.68	-0.52	-0.34	-0.03
Gross Margin	61.67%	59.35%	56.50%	52.76%	49.97%
Operating Margin	17.32%	14.36%	19.43%	13.35%	14.36%
Profit Margin	10.52%	8.12%	12.07%	10.32%	11.05%
Free Cash Flow Margin	-37.67%	-201.25%	-67.10%	-52.75%	-4.10%
EBITDA	19.94	14.98	15.96	11.99	11.18
EBITDA Margin	27.79%	25.56%	31.68%	29.13%	27.83%
D&A For EBITDA	7.51	6.56	6.17	6.5	5.41
EBIT	12.43	8.42	9.79	5.49	5.77
EBIT Margin	17.32%	14.36%	19.43%	13.35%	14.36%
Effective Tax Rate	21.70%	27.57%	27.14%	27.90%	-
Revenue as Reported	71.76	58.61	50.38	41.15	40.16

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