TF1 SA Income Statement

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

Millions EUR. 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	2,297	2,356	2,297	2,508	2,427
Revenue	2,297	2,356	2,297	2,508	2,427
Revenue Growth (YoY)	-2.51%	2.59%	-8.41%	3.32%	16.59%
Cost of Revenue	1,203	1,192	1,218	1,416	1,458
Gross Profit	1,094	1,164	1,079	1,092	968.9
Selling, General & Admin	415.3	419.4	393.9	550.4	464
Other Operating Expenses	15	29.6	31	-234.1	-220.1
Operating Expenses	852.5	876.7	795.3	783.3	637.5
Operating Income	241.8	287	283.2	308.3	331.4
Interest Expense	-11.2	-11.7	-9.1	-7.2	-5.8
Interest & Investment Income	16	24.5	21.2	1.7	1.5
Earnings From Equity Investments	-6.7	-1.1	-3	-48.6	-28.5
Currency Exchange Gain (Loss)	-	1.9	-0.5	0.4	0.6
Other Non Operating Income (Expenses)	-1.2	-4	-8.3	-8.9	-5.8
EBT Excluding Unusual Items	238.7	296.6	283.5	245.7	293.4
Merger & Restructuring Charges	-	-	-	-	-10.3
Gain (Loss) on Sale of Investments	-1	-0.8	-1.3	0.1	-
Gain (Loss) on Sale of Assets	-	-	-	-7.5	10.2
Asset Writedown	-	-	-	-	1.1
Other Unusual Items	-8.5	-18	-29.5	-	-
Pretax Income	229.2	277.8	252.7	238.3	294.4
Income Tax Expense	64.1	67.3	59.9	56.3	70.4
Earnings From Continuing Operations	165.1	210.5	192.8	182	224
Minority Interest in Earnings	-12.3	-5	-0.9	-5.9	1.3
Net Income	152.8	205.5	191.9	176.1	225.3
Net Income to Common	152.8	205.5	191.9	176.1	225.3
Net Income Growth	-25.64%	7.09%	8.97%	-21.84%	307.41%
Shares Outstanding (Basic)	211	211	211	210	210
Shares Outstanding (Diluted)	212	211	211	211	211
Shares Change (YoY)	0.11%	0.08%	0.18%	0.09%	0.11%
EPS (Basic)	0.72	0.97	0.91	0.84	1.07
EPS (Diluted)	0.72	0.97	0.91	0.83	1.07
EPS Growth	-25.77%	6.59%	9.64%	-22.43%	311.54%
Free Cash Flow	98.3	161.5	328.4	150.7	311.7
Free Cash Flow Per Share	0.46	0.76	1.55	0.71	1.48
Dividend Per Share	0.630	0.600	0.550	0.500	0.450
Dividend Growth	5.00%	9.09%	10.00%	11.11%	-
Gross Margin	47.64%	49.39%	46.96%	43.53%	39.92%
Operating Margin	10.53%	12.18%	12.33%	12.29%	13.65%
Profit Margin	6.65%	8.72%	8.36%	7.02%	9.28%
Free Cash Flow Margin	4.28%	6.86%	14.30%	6.01%	12.84%
EBITDA	305.7	359	326.7	358.6	391
EBITDA Margin	13.31%	15.24%	14.22%	14.30%	16.11%
D&A For EBITDA	63.9	72	43.5	50.3	59.6
EBIT	241.8	287	283.2	308.3	331.4
EBIT Margin	10.53%	12.18%	12.33%	12.29%	13.65%
Effective Tax Rate	27.97%	24.23%	23.70%	23.63%	23.91%
Advertising Expenses	63.4	52.5	47.6	57.1	41.4

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