FRA:E2M 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
Operating Revenue	23.53	24.61	7.99	30.23	23.57
Other Revenue	0.06	0.11	-	4.75	5.3
Revenue	23.59	24.73	7.99	34.98	28.87
Revenue Growth (YoY)	-4.62%	209.55%	-77.16%	21.14%	15.88%
Cost of Revenue	16.11	8.87	1.23	4.24	3.5
Gross Profit	7.48	15.86	6.76	30.74	25.37
Selling, General & Admin	3.59	3.13	2.46	3.55	2.8
Amortization of Goodwill & Intangibles	2.39	1.88	0.55	2.51	2.46
Other Operating Expenses	3.87	0.57	3.34	3.35	3.18
Operating Expenses	13.99	10.24	12.86	17.62	16.16
Operating Income	-6.52	5.62	-6.1	13.12	9.21
Interest Expense	-2.67	-3.21	-3.4	-3.02	-3.69
Interest & Investment Income	0.32	0.93	1.25	0.39	0.03
Currency Exchange Gain (Loss)	-0.02	-0.75	0.06	-0.01	-0.29
Other Non Operating Income (Expenses)	-	0	-0	-0	-1.92
EBT Excluding Unusual Items	-8.89	2.59	-8.2	10.48	3.34
Gain (Loss) on Sale of Investments	-	0.73	-0	0.67	2
Asset Writedown	-4.09	-	-	-	-
Pretax Income	-12.98	3.32	-8.2	11.15	5.34
Income Tax Expense	1.27	0.5	-0.02	-0.05	0.42
Net Income	-14.26	2.82	-8.18	11.19	4.92
Net Income to Common	-14.26	2.82	-8.18	11.19	4.92
Net Income Growth	-	-	-	127.39%	-
Shares Outstanding (Basic)	131	131	131	131	131
Shares Outstanding (Diluted)	131	131	131	131	131
Shares Change (YoY)	-	-	-0.13%	-0.00%	0.13%
EPS (Basic)	-0.11	0.02	-0.06	0.09	0.04
EPS (Diluted)	-0.11	0.02	-0.06	0.09	0.04
EPS Growth	-	-	-	127.39%	-
Free Cash Flow	0.04	8.98	4.01	16.24	23.56
Free Cash Flow Per Share	-	0.07	0.03	0.12	0.18
Gross Margin	31.69%	64.14%	84.63%	87.88%	87.87%
Operating Margin	-27.63%	22.74%	-76.39%	37.49%	31.89%
Profit Margin	-60.44%	11.40%	-102.38%	32.00%	17.05%
Free Cash Flow Margin	0.17%	36.30%	50.15%	46.44%	81.59%
EBITDA	-1.53	10.62	-1.94	19.44	15.36
EBITDA Margin	-6.48%	42.95%	-24.22%	55.57%	53.18%
D&A For EBITDA	4.99	5	4.17	6.32	6.15
EBIT	-6.52	5.62	-6.1	13.12	9.21
EBIT Margin	-27.63%	22.74%	-76.39%	37.49%	31.89%
Effective Tax Rate	-	15.14%	-	-	7.81%
Revenue as Reported	23.59	24.73	7.99	34.98	28.87

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