CombinedX AB Income Statement

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

Millions SEK. 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	948.9	930.8	766.2	650.5	560.1
Other Revenue	0.1	-	-	-	-
Revenue	949	930.8	766.2	650.5	560.1
Revenue Growth (YoY)	1.96%	21.48%	17.79%	16.14%	5.03%
Cost of Revenue	759.3	748.9	585.1	506.8	433.3
Gross Profit	189.7	181.9	181.1	143.7	126.8
Selling, General & Admin	74.9	74.1	64.5	64.3	45.8
Amortization of Goodwill & Intangibles	29.4	-	-	-	-
Other Operating Expenses	1.9	-1.3	0.4	-0.3	0.4
Operating Expenses	134.9	121.4	101.9	92.3	73.5
Operating Income	54.8	60.5	79.2	51.4	53.3
Interest Expense	-13.9	-5.8	-4.9	-4.5	-3.2
Interest & Investment Income	3.1	3.6	2.8	0.4	0.2
Earnings From Equity Investments	1.3	1.1	0.3	0.3	1.2
Currency Exchange Gain (Loss)	-	0.6	0.4	0.2	0.8
Other Non Operating Income (Expenses)	2.1	2	9.4	-1	-0.1
EBT Excluding Unusual Items	47.4	62	87.2	46.8	52.2
Gain (Loss) on Sale of Assets	-	0.2	0.1	0.6	6.4
Pretax Income	47.4	62.2	87.3	47.4	58.6
Income Tax Expense	9.7	11.2	16.4	12.2	9.3
Earnings From Continuing Operations	37.7	51	70.9	35.2	49.3
Minority Interest in Earnings	-	-0.4	-	-	-
Net Income	37.7	50.6	70.9	35.2	49.3
Net Income to Common	37.7	50.6	70.9	35.2	49.3
Net Income Growth	-25.49%	-28.63%	101.42%	-28.60%	-
Shares Outstanding (Basic)	19	18	17	16	14
Shares Outstanding (Diluted)	19	18	17	17	14
Shares Change (YoY)	5.68%	3.33%	3.31%	21.73%	11.82%
EPS (Basic)	1.99	2.82	4.15	2.13	3.61
EPS (Diluted)	1.99	2.82	4.09	2.10	3.58
EPS Growth	-29.43%	-31.05%	94.76%	-41.34%	-
Free Cash Flow	91.4	77.4	78.1	37.3	67.1
Free Cash Flow Per Share	4.83	4.32	4.50	2.22	4.87
Dividend Per Share	1.000	1.400	2.000	1.050	1.500
Dividend Growth	-28.57%	-30.00%	90.48%	-30.00%	-33.33%
Gross Margin	19.99%	19.54%	23.64%	22.09%	22.64%
Operating Margin	5.77%	6.50%	10.34%	7.90%	9.52%
Profit Margin	3.97%	5.44%	9.25%	5.41%	8.80%
Free Cash Flow Margin	9.63%	8.31%	10.19%	5.73%	11.98%
EBITDA	112.9	77.6	94.4	61.2	61.7
EBITDA Margin	11.90%	8.34%	12.32%	9.41%	11.02%
D&A For EBITDA	58.1	17.1	15.2	9.8	8.4
EBIT	54.8	60.5	79.2	51.4	53.3
EBIT Margin	5.77%	6.50%	10.34%	7.90%	9.52%
Effective Tax Rate	20.46%	18.01%	18.79%	25.74%	15.87%
Revenue as Reported	951.2	934	767.2	651.9	567.6

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