Image Power Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	1.37	0.69	1.11	0.6	0.05	0.13
Revenue Growth (YoY)	40.34%	-38.10%	84.59%	1165.75%	-62.82%	-
Cost of Revenue	0.76	0.15	-0.01	-1.63	-1.15	-0.76
Gross Profit	0.61	0.54	1.12	2.23	1.2	0.89
Selling, General & Admin	0.94	0.9	1.57	2.18	1.48	1.09
Other Operating Expenses	0.13	0.12	0.02	0.07	0.19	0.17
Operating Expenses	1.07	1.01	1.6	2.24	1.7	1.3
Operating Income	-0.46	-0.48	-0.49	-0.01	-0.5	-0.41
Interest Expense	-0.22	-0.21	-0.16	-	-0	-0
Other Non Operating Income (Expenses)	-0	0	-0.01	-0.12	0	-0
EBT Excluding Unusual Items	-0.68	-0.68	-0.65	-0.13	-0.49	-0.41
Asset Writedown	-1.49	-1	-0.06	-	-	-
Pretax Income	-2.17	-1.68	-0.72	-0.13	-0.49	-0.41
Income Tax Expense	-0.2	-0.15	-0.06	0	0	0
Net Income	-1.98	-1.53	-0.66	-0.14	-0.5	-0.41
Net Income to Common	-1.98	-1.53	-0.66	-0.14	-0.5	-0.41
Shares Outstanding (Basic)	2	2	2	2	2	-
Shares Outstanding (Diluted)	2	2	2	2	2	-
EPS (Basic)	-1.27	-0.99	-0.43	-0.09	-0.32	-
EPS (Diluted)	-1.27	-0.99	-0.43	-0.09	-0.32	-
Free Cash Flow	-0.44	-0.33	-0.49	-1.71	-1.64	-1.22
Free Cash Flow Per Share	-0.28	-0.21	-0.32	-1.10	-1.05	-
Gross Margin	44.51%	77.87%	100.65%	370.86%	2524.18%	693.41%
Operating Margin	-33.57%	-69.75%	-43.76%	-2.23%	-1048.91%	-321.43%
Profit Margin	-143.84%	-223.32%	-59.48%	-22.49%	-1044.28%	-323.99%
Free Cash Flow Margin	-32.26%	-47.49%	-44.39%	-283.53%	-3442.57%	-952.41%
EBITDA	-0.46	-0.47	-0.48	0.01	-0.48	-0.37
EBITDA Margin	-33.34%	-68.97%	-43.28%	1.59%	-	-290.13%
D&A For EBITDA	0	0.01	0.01	0.02	0.02	0.04
EBIT	-0.46	-0.48	-0.49	-0.01	-0.5	-0.41
EBIT Margin	-33.57%	-69.75%	-43.76%	-2.23%	-	-
Revenue as Reported	0.08	-	-	2.25	1.23	0.92

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