Modulight Oyj Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	10.43	10.51	7.5	7.37	7.63	10.65
Revenue Growth (YoY)	29.77%	40.10%	1.74%	-3.36%	-28.36%	-8.40%
Cost of Revenue	0.99	1.42	1.72	2.96	2.01	1.22
Gross Profit	9.44	9.09	5.79	4.41	5.62	9.43
Selling, General & Admin	5.62	5.91	6.23	5.76	5.01	3.88
Other Operating Expenses	3.08	3.35	4.39	7.19	6.55	5.09
Operating Expenses	13.57	13.73	14.12	16.55	13.42	10.18
Operating Income	-4.13	-4.65	-8.34	-12.13	-7.79	-0.75
Interest Expense	-0.09	-0.08	-0.11	-0.15	-0.13	-0.16
Other Non Operating Income (Expenses)	0.26	0.13	2	0.43	-0.63	-4.14
Pretax Income	-3.95	-4.61	-6.45	-11.86	-8.55	-5.06
Income Tax Expense	-0	-0	-	0	-	0
Earnings From Continuing Operations	-	-4.6	-6.45	-11.86	-8.55	-5.06
Net Income to Company	-	-4.6	-6.45	-11.86	-8.55	-5.06
Net Income	-3.95	-4.6	-6.45	-11.86	-8.55	-5.06
Net Income to Common	-3.95	-4.6	-6.45	-11.86	-8.55	-5.06
Shares Outstanding (Basic)	42	42	43	42	43	34
Shares Outstanding (Diluted)	42	42	43	42	43	34
Shares Change (YoY)	2.67%	-2.62%	1.46%	-0.93%	26.73%	8.49%
EPS (Basic)	-0.09	-0.11	-0.15	-0.28	-0.20	-0.15
EPS (Diluted)	-0.09	-0.11	-0.15	-0.28	-0.20	-0.15
Free Cash Flow	-3.93	-6.06	-5.83	-22.98	-17.8	-14.32
Free Cash Flow Per Share	-0.09	-0.14	-0.14	-0.54	-0.42	-0.42
Gross Margin	90.48%	86.45%	77.11%	59.83%	73.68%	88.52%
Operating Margin	-39.56%	-44.22%	-111.12%	-164.54%	-102.14%	-7.07%
Profit Margin	-37.83%	-43.81%	-85.94%	-160.85%	-112.08%	-47.52%
Free Cash Flow Margin	-37.69%	-57.65%	-77.77%	-311.58%	-233.28%	-134.50%
EBITDA	-1.29	-2.2	-6.32	-10.72	-6.71	-0.32
EBITDA Margin	-12.33%	-20.91%	-84.18%	-145.35%	-87.96%	-3.00%
D&A For EBITDA	2.84	2.45	2.02	1.42	1.08	0.43
EBIT	-4.13	-4.65	-8.34	-12.13	-7.79	-0.75
EBIT Margin	-39.56%	-44.22%	-111.12%	-164.54%	-102.14%	-7.07%

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.