Incap Oyj 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	214.59	230.06	221.59	263.76	169.79
Other Revenue	2.36	1.11	0.06	0.06	0.03
Revenue	216.96	231.17	221.66	263.82	169.81
Revenue Growth (YoY)	-6.15%	4.29%	-15.98%	55.36%	58.24%
Cost of Revenue	140.49	152.66	153.18	189.43	116.8
Gross Profit	76.46	78.51	68.48	74.39	53.01
Selling, General & Admin	29.64	31.34	24.11	16.46	14.58
Other Operating Expenses	15.55	12.58	11.76	15.63	9.17
Operating Expenses	51.17	49.55	40.49	35.92	27.04
Operating Income	25.29	28.96	27.99	38.47	25.97
Interest Expense	-6.36	-2.03	-1.58	-0.66	-0.36
Interest & Investment Income	3.37	0.47	0.13	-	0.01
Currency Exchange Gain (Loss)	-	2.45	0.04	-0.99	0.34
Other Non Operating Income (Expenses)	-0	0.23	-0.17	-0.2	-0.24
EBT Excluding Unusual Items	22.31	30.07	26.41	36.63	25.72
Gain (Loss) on Sale of Assets	-	0	0.02	0	0
Pretax Income	22.31	30.08	26.42	36.63	25.72
Income Tax Expense	8.34	7.35	6.6	9.03	4.66
Net Income	13.97	22.73	19.82	27.6	21.06
Net Income to Common	13.97	22.73	19.82	27.6	21.06
Net Income Growth	-38.54%	14.67%	-28.18%	31.04%	128.46%
Shares Outstanding (Basic)	29	29	29	29	29
Shares Outstanding (Diluted)	29	30	29	29	29
Shares Change (YoY)	-0.36%	0.45%	0.40%	0.02%	28.17%
EPS (Basic)	0.47	0.77	0.68	0.94	0.72
EPS (Diluted)	0.47	0.77	0.67	0.94	0.72
EPS Growth	-38.38%	14.92%	-28.72%	30.58%	78.25%
Free Cash Flow	18.26	33.05	37.78	-6.27	5.15
Free Cash Flow Per Share	0.62	1.12	1.28	-0.21	0.18
Dividend Per Share	-	-	-	-	0.160
Gross Margin	35.24%	33.96%	30.89%	28.20%	31.22%
Operating Margin	11.66%	12.53%	12.63%	14.58%	15.29%
Profit Margin	6.44%	9.83%	8.94%	10.46%	12.40%
Free Cash Flow Margin	8.42%	14.30%	17.04%	-2.38%	3.03%
EBITDA	31.27	32.97	30.87	40.75	27.88
EBITDA Margin	14.41%	14.26%	13.93%	15.45%	16.42%
D&A For EBITDA	5.98	4.01	2.88	2.29	1.91
EBIT	25.29	28.96	27.99	38.47	25.97
EBIT Margin	11.66%	12.53%	12.63%	14.58%	15.29%
Effective Tax Rate	37.39%	24.44%	24.99%	24.66%	18.13%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.