FRA:9CD1 Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	228.25	173.76	138.68	134.96	115.25	95
Revenue Growth (YoY)	38.04%	25.30%	2.76%	17.10%	21.32%	31.99%
Cost of Revenue	93.77	80.56	82.27	62.52	52.53	42.51
Gross Profit	134.48	93.2	56.41	72.44	62.72	52.48
Selling, General & Admin	18.68	15.66	17.43	11.94	9.09	8
Other Operating Expenses	5.6	5.41	4.46	3.55	3	-2.11
Operating Expenses	42.13	38.53	37.91	27.36	24.75	15.23
Operating Income	92.35	54.67	18.5	45.08	37.97	37.25
Interest Expense	-2.97	-2.96	-2.92	-0.53	-0.38	-0.37
Interest & Investment Income	0.99	0.68	0.04	0.02	0.01	0.06
Currency Exchange Gain (Loss)	-2.48	-9.72	-6.77	-5.68	1.18	4.31
EBT Excluding Unusual Items	87.9	42.67	8.85	38.9	38.79	41.25
Merger & Restructuring Charges	-	-	-	-0.83	-	-
Gain (Loss) on Sale of Assets	8.51	-0.03	-	-	-	-
Asset Writedown	-2.1	-2.1	-0.88	-8.21	-0.5	-
Other Unusual Items	-	-	-	-0.31	-0.3	-0.82
Pretax Income	94.31	40.54	7.97	29.55	38	40.43
Income Tax Expense	33.38	17.49	12.81	14.36	14.86	15.17
Earnings From Continuing Operations	60.93	23.05	-4.84	15.19	23.14	25.26
Minority Interest in Earnings	-10.54	-5.16	-3.02	-3.95	-4.74	-4.48
Net Income	50.39	17.9	-7.86	11.24	18.41	20.78
Preferred Dividends & Other Adjustments	0.39	0.39	0.26	0.36	0.33	0.49
Net Income to Common	50	17.51	-8.12	10.88	18.08	20.3
Net Income Growth	867.12%	-	-	-38.93%	-11.43%	-50.54%
Shares Outstanding (Basic)	19	19	19	13	12	12
Shares Outstanding (Diluted)	19	19	19	13	12	12
Shares Change (YoY)	0.83%	3.06%	45.14%	5.42%	3.93%	9.02%
EPS (Basic)	2.58	0.91	-0.44	0.85	1.49	1.73
EPS (Diluted)	2.58	0.91	-0.44	0.85	1.49	1.73
EPS Growth	908.66%	-	-	-42.96%	-14.26%	-54.54%
Free Cash Flow	27.24	10.64	-15.62	-1.48	-6.93	3.12
Free Cash Flow Per Share	1.41	0.55	-0.84	-0.12	-0.57	0.27
Dividend Per Share	0.560	0.560	0.560	0.560	0.500	0.335
Dividend Growth	-	-	-	12.00%	49.25%	21.82%
Gross Margin	58.92%	53.64%	40.68%	53.68%	54.42%	55.25%
Operating Margin	40.46%	31.46%	13.34%	33.41%	32.95%	39.22%
Profit Margin	21.91%	10.08%	-5.86%	8.06%	15.69%	21.36%
Free Cash Flow Margin	11.93%	6.13%	-11.27%	-1.09%	-6.01%	3.29%
EBITDA	108.01	70.57	32.86	55.55	49.74	44.71
EBITDA Margin	47.32%	40.61%	23.69%	41.16%	43.16%	47.07%
D&A For EBITDA	15.66	15.89	14.36	10.47	11.77	7.46
EBIT	92.35	54.67	18.5	45.08	37.97	37.25
EBIT Margin	40.46%	31.46%	13.34%	33.41%	32.95%	39.22%
Effective Tax Rate	35.40%	43.14%	160.73%	48.60%	39.10%	37.53%

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