F-Secure Oyj Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Revenue	146.26	130.37	111.02	106.25	220.2
Revenue Growth (YoY)	12.19%	17.43%	4.49%	-51.75%	-
Cost of Revenue	20.24	11.81	9.34	8.81	48
Gross Profit	126.02	118.56	101.68	97.44	172.21
Selling, General & Admin	57.63	54.44	47.55	37.58	112.75
Research & Development	29.28	27.5	16.43	16.89	41.89
Other Operating Expenses	-0.75	-0.83	-0.89	-0.52	-2.11
Operating Expenses	86.16	81.11	63.09	53.95	152.53
Operating Income	39.86	37.45	38.58	43.5	19.68
Interest Expense	-11.44	-7.27	-0.08	-0.03	-0.86
Interest & Investment Income	0.84	0.74	0.18	0.01	-
Currency Exchange Gain (Loss)	-0.24	4.97	-0.15	0.09	-2.05
Other Non Operating Income (Expenses)	-0.57	-0.26	-0.16	0	-0.32
EBT Excluding Unusual Items	28.45	35.63	38.37	43.57	16.46
Merger & Restructuring Charges	-1.44	-7.96	-	-	-
Gain (Loss) on Sale of Assets	-	-	0.19	-	-
Pretax Income	27.01	27.68	38.56	43.57	16.46
Income Tax Expense	5.94	5.32	8.4	9.15	3.58
Net Income	21.07	22.36	30.15	34.42	12.88
Net Income to Common	21.07	22.36	30.15	34.42	12.88
Net Income Growth	-5.78%	-25.85%	-12.39%	167.32%	-
Shares Outstanding (Basic)	175	175	175	175	159
Shares Outstanding (Diluted)	175	175	175	175	159
Shares Change (YoY)	0.16%	0.07%	-	9.90%	-
EPS (Basic)	0.12	0.13	0.17	0.20	0.08
EPS (Diluted)	0.12	0.13	0.17	0.20	0.08
EPS Growth	-6.27%	-25.90%	-12.39%	146.51%	-
Free Cash Flow	27.71	22.19	31.75	34.46	38.54
Free Cash Flow Per Share	0.16	0.13	0.18	0.20	0.24
Dividend Per Share	0.040	0.070	0.070	-	0.040
Dividend Growth	-42.86%	-	-	-	-
Gross Margin	86.16%	90.94%	91.59%	91.71%	78.20%
Operating Margin	27.25%	28.73%	34.75%	40.94%	8.94%
Profit Margin	14.40%	17.15%	27.16%	32.39%	5.85%
Free Cash Flow Margin	18.95%	17.02%	28.60%	32.43%	17.50%
EBITDA	49.74	42.41	38.64	43.51	24.03
EBITDA Margin	34.01%	32.53%	34.80%	40.95%	10.91%
D&A For EBITDA	9.88	4.96	0.06	0.01	4.35
EBIT	39.86	37.45	38.58	43.5	19.68
EBIT Margin	27.25%	28.73%	34.75%	40.94%	8.94%
Effective Tax Rate	22.01%	19.21%	21.79%	21.00%	21.76%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.