Martifer SGPS Income Statement

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

Millions EUR. 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	268.2	254.61	211.67	190.4	209.32	226.12
Other Revenue	2.54	1.56	0.61	1.66	2.81	1.12
Revenue	270.74	256.18	212.28	192.06	212.13	227.24
Revenue Growth (YoY)	16.07%	20.68%	10.53%	-9.46%	-6.65%	-4.08%
Cost of Revenue	143.15	134.7	117.62	95.29	119.73	144.44
Gross Profit	127.6	121.47	94.66	96.77	92.4	82.8
Selling, General & Admin	99.92	88.43	76	68.54	72.53	64.52
Amortization of Goodwill & Intangibles	6.6	6.6	5.84	5.74	-	-
Other Operating Expenses	-1.96	-2.86	-0.65	-1.54	1.07	-1.04
Operating Expenses	102.34	91.99	66.7	86.35	78.89	66.22
Operating Income	25.25	29.48	27.96	10.42	13.51	16.58
Interest Expense	-6.92	-7.71	-7.7	-4.4	-3.94	-5.11
Interest & Investment Income	1.9	1.74	0.3	0.03	0.05	0.02
Earnings From Equity Investments	-0.02	0.13	0.63	3.04	1.86	0.25
Currency Exchange Gain (Loss)	0.18	-0.32	0.86	-1.45	4.26	-3.24
Other Non Operating Income (Expenses)	-1.47	-0.76	-1.11	-0.78	-0.78	-1
EBT Excluding Unusual Items	18.93	22.55	20.94	6.86	14.95	7.51
Gain (Loss) on Sale of Investments	-0.59	-0.59	0.09	0.03	-0	-
Gain (Loss) on Sale of Assets	2.06	2.88	0.57	8.49	1.82	2.48
Asset Writedown	-	-	-	-	-2.35	-1.09
Legal Settlements	0.01	0.01	0.02	0.06	-	-0.8
Pretax Income	20.41	24.86	21.61	15.44	14.43	8.1
Income Tax Expense	0.93	1.48	0.53	1.29	1.76	1.41
Earnings From Continuing Operations	19.48	23.38	21.08	14.16	12.67	6.68
Net Income to Company	19.48	23.38	21.08	14.16	12.67	6.68
Minority Interest in Earnings	-0.04	-0.38	-1.39	-0.82	-1.4	-0.39
Net Income	19.45	23	19.7	13.34	11.27	6.3
Net Income to Common	19.45	23	19.7	13.34	11.27	6.3
Net Income Growth	-12.13%	16.77%	47.64%	18.40%	78.89%	-73.25%
Shares Outstanding (Basic)	98	98	98	98	98	98
Shares Outstanding (Diluted)	98	98	98	98	98	98
EPS (Basic)	0.20	0.24	0.20	0.14	0.12	0.06
EPS (Diluted)	0.20	0.24	0.20	0.14	0.12	0.06
EPS Growth	-12.13%	16.77%	47.64%	18.40%	78.89%	-73.25%
Free Cash Flow	-29.12	30.63	46.92	10.7	4.32	8.85
Free Cash Flow Per Share	-0.30	0.31	0.48	0.11	0.04	0.09
Dividend Per Share	0.120	0.120	-	-	-	-
Gross Margin	47.13%	47.42%	44.59%	50.38%	43.56%	36.44%
Operating Margin	9.33%	11.51%	13.17%	5.42%	6.37%	7.30%
Profit Margin	7.18%	8.98%	9.28%	6.95%	5.31%	2.77%
Free Cash Flow Margin	-10.76%	11.96%	22.10%	5.57%	2.04%	3.89%
EBITDA	29.45	34.05	32.12	14.83	17.83	21.36
EBITDA Margin	10.88%	13.29%	15.13%	7.72%	8.41%	9.40%
D&A For EBITDA	4.2	4.56	4.16	4.41	4.32	4.79
EBIT	25.25	29.48	27.96	10.42	13.51	16.58
EBIT Margin	9.33%	11.51%	13.17%	5.42%	6.37%	7.30%
Effective Tax Rate	4.58%	5.94%	2.46%	8.32%	12.21%	17.44%
Advertising Expenses	-	0.32	0.38	0.46	0.08	0.11

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