Tulikivi Corporation (HEL:TULAV)

Tulikivi Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	34.4	46.47	45.03	34.07	29.51
Revenue Growth (YoY)	-25.98%	3.21%	32.17%	15.46%	1.43%
Cost of Revenue	7.4	10.97	11.48	7.87	6.82
Gross Profit	27	35.5	33.55	26.2	22.69
Selling, General & Admin	15.4	19.14	20.3	16.7	15.3
Other Operating Expenses	6.8	7.73	6.16	4.4	3.77
Operating Expenses	25	29.98	28.87	23.51	21.52
Operating Income	2	5.53	4.68	2.7	1.17
Interest Expense	-0.8	-0.86	-0.48	-0.52	-0.6
Interest & Investment Income	0.1	0.07	0.01	0.01	0.01
Currency Exchange Gain (Loss)	-	0.11	-0.04	0.02	-0.09
Other Non Operating Income (Expenses)	0.2	-	-0.12	-0.12	-0.12
EBT Excluding Unusual Items	1.5	4.84	4.05	2.09	0.36
Gain (Loss) on Sale of Assets	-	0.02	0.02	0	0.01
Pretax Income	1.5	4.86	4.08	2.09	0.36
Income Tax Expense	0.3	1.09	-0.75	0.44	0.13
Net Income	1.2	3.76	4.83	1.65	0.24
Net Income to Common	1.2	3.76	4.83	1.65	0.24
Net Income Growth	-68.12%	-22.05%	191.96%	597.89%	-
Shares Outstanding (Basic)	60	60	60	60	60
Shares Outstanding (Diluted)	60	60	60	60	60
EPS (Basic)	0.02	0.06	0.08	0.03	0.00
EPS (Diluted)	0.02	0.06	0.08	0.03	0.00
EPS Growth	-68.12%	-22.05%	191.96%	598.01%	-
Free Cash Flow	1.3	3.98	6	2.64	2.42
Free Cash Flow Per Share	0.02	0.07	0.10	0.04	0.04
Dividend Per Share	0.010	0.010	-	-	-
Gross Margin	78.49%	76.39%	74.50%	76.91%	76.90%
Operating Margin	5.81%	11.89%	10.39%	7.91%	3.96%
Profit Margin	3.49%	8.10%	10.72%	4.86%	0.80%
Free Cash Flow Margin	3.78%	8.57%	13.32%	7.75%	8.19%
EBITDA	4.8	7.13	5.9	4.02	2.49
EBITDA Margin	13.95%	15.34%	13.09%	11.81%	8.43%
D&A For EBITDA	2.8	1.6	1.22	1.33	1.32
EBIT	2	5.53	4.68	2.7	1.17
EBIT Margin	5.81%	11.89%	10.39%	7.91%	3.96%
Effective Tax Rate	20.00%	22.49%	-	20.86%	34.89%

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