Step One Clothing Income Statement

Financials in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	75.09	86.88	84.55	65.18	72.19	61.72
Revenue Growth (YoY)	-14.29%	2.76%	29.71%	-9.70%	16.96%	177.42%
Cost of Revenue	30.61	20.5	16.22	12.58	13.01	10.73
Gross Profit	44.49	66.38	68.33	52.6	59.17	50.98
Selling, General & Admin	47.43	49.07	49.23	41.35	48.74	39.48
Operating Expenses	48.38	50.03	49.8	41.5	55.29	47.35
Operating Income	-3.89	16.35	18.54	11.11	3.88	3.63
Interest Expense	-0.02	-0.01	-0.05	-	-	-0.01
Interest & Investment Income	0.65	1.24	0.87	0.44	0.03	0.02
Currency Exchange Gain (Loss)	-0.13	0.73	-0.65	0.89	-0.76	-
Other Non Operating Income (Expenses)	-	-	-	-	-3.43	-0.49
Pretax Income	-3.4	18.32	18.71	12.44	-0.28	3.15
Income Tax Expense	0.59	5.67	6.31	3.82	2.73	3.27
Net Income	-4	12.65	12.4	8.62	-3	-0.12
Net Income to Common	-4	12.65	12.4	8.62	-3	-0.12
Net Income Growth	-	2.02%	43.92%	-	-	-
Shares Outstanding (Basic)	185	185	185	185	173	150
Shares Outstanding (Diluted)	185	187	187	187	173	150
Shares Change (YoY)	-0.64%	-	-	7.56%	15.62%	-
EPS (Basic)	-0.02	0.07	0.07	0.05	-0.02	-0.00
EPS (Diluted)	-0.02	0.07	0.07	0.05	-0.02	-0.00
EPS Growth	-	1.96%	43.94%	-	-	-
Free Cash Flow	-6.56	7.98	18.49	4.55	-8.67	6.6
Free Cash Flow Per Share	-0.04	0.04	0.10	0.02	-0.05	0.04
Dividend Per Share	0.068	0.068	0.068	0.050	-	-
Dividend Growth	142.86%	-	36.00%	-	-	-
Gross Margin	59.24%	76.40%	80.82%	80.70%	81.97%	82.61%
Operating Margin	-5.18%	18.82%	21.93%	17.04%	5.38%	5.88%
Profit Margin	-5.32%	14.56%	14.67%	13.22%	-4.16%	-0.19%
Free Cash Flow Margin	-8.73%	9.19%	21.87%	6.98%	-12.01%	10.69%
EBITDA	-3.59	16.69	18.78	11.13	3.89	3.64
EBITDA Margin	-4.78%	19.20%	22.21%	17.08%	5.39%	5.89%
D&A For EBITDA	0.31	0.34	0.24	0.03	0.01	0
EBIT	-3.89	16.35	18.54	11.11	3.88	3.63
EBIT Margin	-5.18%	18.82%	21.93%	17.04%	5.38%	5.88%
Effective Tax Rate	-	30.94%	33.72%	30.73%	-	103.75%
Advertising Expenses	-	23.46	27.69	23.27	32.09	28.07

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