Thunderful Group AB Income Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Other Revenue	-0.1	-	-	-	-
Revenue	259.2	388.8	525.8	3,053	3,198
Revenue Growth (YoY)	-33.33%	-26.06%	-82.78%	-4.53%	4.23%
Cost of Revenue	21.5	65.7	78	2,113	2,318
Gross Profit	237.7	323.1	447.8	939.7	880.4
Selling, General & Admin	271.9	363.3	342.5	673.1	546.1
Other Operating Expenses	-3	1.2	-3.9	-109.3	-22.2
Operating Expenses	387.8	1,213	984.4	737.9	650.9
Operating Income	-150.1	-889.4	-536.6	201.8	229.5
Interest Expense	-7.6	-25.8	-32.1	-12.2	-6.2
Interest & Investment Income	-	4.4	4.2	0.8	0.1
Currency Exchange Gain (Loss)	27.9	51.2	-44	-51.7	-33.9
Other Non Operating Income (Expenses)	0.3	-2.6	4.9	-0.2	0.1
EBT Excluding Unusual Items	-129.5	-862.2	-603.6	138.5	189.6
Merger & Restructuring Charges	-1	-	-2.7	-5.5	-10.3
Impairment of Goodwill	-267.9	-	-	-	-
Asset Writedown	-74.3	-	-	-	-
Other Unusual Items	13.3	131.6	38.1	25.4	-10.4
Pretax Income	-459.4	-730.6	-568.2	158.4	168.9
Income Tax Expense	-19.6	-65	11.4	37.2	36.7
Earnings From Continuing Operations	-439.8	-665.6	-579.6	121.2	132.2
Earnings From Discontinued Operations	-2.5	-221.9	-50.2	-	-
Net Income	-442.3	-887.5	-629.8	121.2	132.2
Net Income to Common	-442.3	-887.5	-629.8	121.2	132.2
Net Income Growth	-	-	-	-8.32%	-3.79%
Shares Outstanding (Basic)	190	70	70	70	69
Shares Outstanding (Diluted)	190	70	70	70	70
Shares Change (YoY)	170.06%	-	-0.25%	1.27%	33.63%
EPS (Basic)	-2.33	-12.63	-8.96	1.72	1.91
EPS (Diluted)	-2.33	-12.63	-8.96	1.72	1.90
EPS Growth	-	-	-	-9.47%	-28.00%
Free Cash Flow	-44.2	240.3	264.6	514	-77.4
Free Cash Flow Per Share	-0.23	3.42	3.76	7.29	-1.11
Gross Margin	91.70%	83.10%	85.17%	30.78%	27.53%
Operating Margin	-57.91%	-228.75%	-102.05%	6.61%	7.18%
Profit Margin	-170.64%	-228.27%	-119.78%	3.97%	4.13%
Free Cash Flow Margin	-17.05%	61.81%	50.32%	16.84%	-2.42%
EBITDA	-31.2	-245.8	-62.9	306.4	339.5
EBITDA Margin	-12.04%	-63.22%	-11.96%	10.04%	10.62%
D&A For EBITDA	118.9	643.6	473.7	104.6	110
EBIT	-150.1	-889.4	-536.6	201.8	229.5
EBIT Margin	-57.91%	-228.75%	-102.05%	6.61%	7.18%
Effective Tax Rate	-	-	-	23.48%	21.73%
Revenue as Reported	264.1	-	-	-	3,274

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