Funding Circle Holdings Income Statement

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

Millions GBP. 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
Operating Revenue	126.2	122.2	108	129.5	165.5	155.7
Other Revenue	47.1	37.9	22.1	26.3	70	-52
Revenue	173.3	160.1	130.1	155.8	235.5	103.7
Revenue Growth (YoY)	15.92%	23.06%	-16.50%	-33.84%	127.10%	-38.05%
Cost of Revenue	62.4	68.1	65.5	85.9	77.7	85.3
Gross Profit	110.9	92	64.6	69.9	157.8	18.4
Selling, General & Admin	50.9	45.6	37.1	38.4	46.9	46.8
Other Operating Expenses	22.8	21.2	20.3	28.9	27.7	39.8
Operating Expenses	98.5	87.7	69.1	81	89.7	103.8
Operating Income	12.4	4.3	-4.5	-11.1	68.1	-85.4
Interest Expense	-	-	-	-	-1.1	-1.4
Interest & Investment Income	-	-	-	-	0.1	0.4
Earnings From Equity Investments	-	-	-	-	0.9	-0.8
EBT Excluding Unusual Items	12.4	4.3	-4.5	-11.1	68	-87.2
Merger & Restructuring Charges	-2.6	-2.6	-	-	-	-2.7
Impairment of Goodwill	-	-	-	-	-	-12
Asset Writedown	-0.9	-0.9	-5.4	-1.8	-3.9	-
Other Unusual Items	-	-	-	-	-	-6.2
Pretax Income	8.9	0.8	-9.9	-12.9	64.1	-108.1
Income Tax Expense	0.5	0.5	-1.7	-6	2.9	0.2
Earnings From Continuing Operations	8.4	0.3	-8.2	-6.9	61.2	-108.3
Earnings From Discontinued Operations	18.5	8.3	-30.1	-	-	-
Net Income	26.9	8.6	-38.3	-6.9	61.2	-108.3
Net Income to Common	26.9	8.6	-38.3	-6.9	61.2	-108.3
Shares Outstanding (Basic)	323	342	345	349	352	347
Shares Outstanding (Diluted)	380	382	345	349	382	347
Shares Change (YoY)	9.91%	10.85%	-1.09%	-8.67%	10.00%	-0.17%
EPS (Basic)	0.08	0.03	-0.11	-0.02	0.17	-0.31
EPS (Diluted)	0.07	0.03	-0.11	-0.02	0.16	-0.31
Free Cash Flow	-50.4	-70.3	-26.3	-9.3	97.7	32.3
Free Cash Flow Per Share	-0.13	-0.18	-0.08	-0.03	0.26	0.09
Gross Margin	63.99%	57.46%	49.65%	44.87%	67.01%	17.74%
Operating Margin	7.16%	2.69%	-3.46%	-7.12%	28.92%	-82.35%
Profit Margin	15.52%	5.37%	-29.44%	-4.43%	25.99%	-104.44%
Free Cash Flow Margin	-29.08%	-43.91%	-20.21%	-5.97%	41.49%	31.15%
EBITDA	12.4	5.5	-2.9	-9.5	69.8	-83.4
EBITDA Margin	7.16%	3.44%	-2.23%	-6.10%	29.64%	-80.42%
D&A For EBITDA	-	1.2	1.6	1.6	1.7	2
EBIT	12.4	4.3	-4.5	-11.1	68.1	-85.4
EBIT Margin	7.16%	2.69%	-3.46%	-7.12%	28.92%	-82.35%
Effective Tax Rate	5.62%	62.50%	-	-	4.52%	-
Revenue as Reported	173.3	160.1	130.1	155.8	235.5	103.7

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