Mercer International Income Statement

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

Millions USD. 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
Revenue	1,868	2,043	1,994	2,281	1,803
Revenue Growth (YoY)	-8.58%	2.48%	-12.59%	26.49%	26.71%
Cost of Revenue	1,776	1,683	1,853	1,639	1,246
Gross Profit	92.13	359.9	140.36	642.27	557.63
Selling, General & Admin	112.33	114.84	123.18	105.83	78.93
Operating Expenses	272.09	285.38	295.4	249.9	211.05
Operating Income	-179.96	74.53	-155.04	392.37	346.58
Interest Expense	-114.83	-109.15	-88.25	-71.5	-70.05
Interest & Investment Income	-	5.63	7.2	6.46	1.73
Currency Exchange Gain (Loss)	-	-	-	17.98	12.67
Other Non Operating Income (Expenses)	-0.73	-	-	-	-
EBT Excluding Unusual Items	-295.53	-28.99	-236.09	345.3	290.94
Impairment of Goodwill	-	-34.28	-	-	-
Gain (Loss) on Sale of Investments	-	-23.65	-	-	-
Gain (Loss) on Sale of Assets	-	-	-33.73	-	-
Asset Writedown	-215.68	-	-	-	-
Other Unusual Items	-	-	-	-	-30.37
Pretax Income	-511.21	-86.92	-269.82	345.3	260.57
Income Tax Expense	-13.32	-1.77	-27.77	98.26	89.58
Net Income	-497.89	-85.14	-242.06	247.04	170.99
Net Income to Common	-497.89	-85.14	-242.06	247.04	170.99
Net Income Growth	-	-	-	44.48%	-
Shares Outstanding (Basic)	67	67	66	66	66
Shares Outstanding (Diluted)	67	67	66	67	66
Shares Change (YoY)	0.17%	0.62%	-0.29%	0.48%	0.78%
EPS (Basic)	-7.44	-1.27	-3.65	3.74	2.59
EPS (Diluted)	-7.44	-1.27	-3.65	3.71	2.58
EPS Growth	-	-	-	43.80%	-
Free Cash Flow	-80	5.89	-205.33	181.92	22.77
Free Cash Flow Per Share	-1.20	0.09	-3.09	2.73	0.34
Dividend Per Share	0.150	0.300	0.300	0.300	0.260
Dividend Growth	-50.00%	-	-	15.38%	-21.92%
Gross Margin	4.93%	17.61%	7.04%	28.16%	30.92%
Operating Margin	-9.63%	3.65%	-7.78%	17.20%	19.22%
Profit Margin	-26.65%	-4.17%	-12.14%	10.83%	9.48%
Free Cash Flow Margin	-4.28%	0.29%	-10.30%	7.98%	1.26%
EBITDA	-19.91	245.32	17.46	536.52	478.78
EBITDA Margin	-1.07%	12.01%	0.88%	23.52%	26.55%
D&A For EBITDA	160.05	170.79	172.5	144.15	132.2
EBIT	-179.96	74.53	-155.04	392.37	346.58
EBIT Margin	-9.63%	3.65%	-7.78%	17.20%	19.22%
Effective Tax Rate	-	-	-	28.46%	34.38%

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