Elate Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	428.37	431.08	105.68	100.19	101.26	94.71
Revenue Growth (YoY)	255.59%	307.91%	5.48%	-1.06%	6.91%	1.13%
Cost of Revenue	408.99	415.51	96.36	87.24	83.39	80.06
Gross Profit	19.38	15.58	9.32	12.95	17.87	14.65
Selling, General & Admin	13.31	14.56	12.08	16.73	14.69	12.64
Other Operating Expenses	-2.54	-3.7	-3.38	-4.53	-2.41	0.73
Operating Expenses	13.05	13.14	8.96	12.2	12.29	13.37
Operating Income	6.33	2.44	0.36	0.74	5.59	1.28
Interest Expense	-0.02	-0.02	-0.03	-0.04	-0.03	-0.06
Interest & Investment Income	0.01	0.07	0.04	0.17	0.17	0.32
Currency Exchange Gain (Loss)	-	-	-	-	0.6	2.72
EBT Excluding Unusual Items	6.32	2.49	0.37	0.88	6.33	4.26
Impairment of Goodwill	-	-	-0.17	-	-	-
Gain (Loss) on Sale of Investments	-6.72	39.24	3	-	-0	-0.07
Gain (Loss) on Sale of Assets	0.54	0.54	0.01	0.01	-	-0.56
Asset Writedown	-	-	-	-	-0.3	-
Other Unusual Items	-	-	-1.24	-	-	-
Pretax Income	0.14	42.26	1.97	0.88	6.02	3.62
Income Tax Expense	2.66	1.96	0.15	0.31	1.22	0.65
Earnings From Continuing Operations	-2.52	40.3	1.82	0.57	4.8	2.97
Net Income to Company	-2.52	40.3	1.82	0.57	4.8	2.97
Net Income	-2.52	40.3	1.82	0.57	4.8	2.97
Net Income to Common	-2.52	40.3	1.82	0.57	4.8	2.97
Net Income Growth	-	2120.50%	217.31%	-88.09%	61.50%	-
Shares Outstanding (Basic)	372	363	363	353	350	321
Shares Outstanding (Diluted)	372	363	363	353	350	321
Shares Change (YoY)	2.47%	0.08%	2.90%	0.66%	9.09%	18.45%
EPS (Basic)	-0.01	0.11	0.01	0.00	0.01	0.01
EPS (Diluted)	-0.01	0.11	0.00	0.00	0.01	0.01
EPS Growth	-	2119.92%	212.63%	-88.33%	47.95%	-
Free Cash Flow	12.52	13.8	-7.92	-1.27	-2.31	5.94
Free Cash Flow Per Share	0.03	0.04	-0.02	-0.00	-0.01	0.02
Gross Margin	4.52%	3.61%	8.82%	12.92%	17.65%	15.47%
Operating Margin	1.48%	0.56%	0.34%	0.74%	5.52%	1.35%
Profit Margin	-0.59%	9.35%	1.72%	0.57%	4.74%	3.14%
Free Cash Flow Margin	2.92%	3.20%	-7.49%	-1.26%	-2.28%	6.28%
EBITDA	8.86	6.12	4.03	4.18	8.94	4.43
EBITDA Margin	2.07%	1.42%	3.82%	4.18%	8.82%	4.68%
D&A For EBITDA	2.53	3.68	3.67	3.44	3.35	3.15
EBIT	6.33	2.44	0.36	0.74	5.59	1.28
EBIT Margin	1.48%	0.56%	0.34%	0.74%	5.52%	1.35%
Effective Tax Rate	1915.11%	4.64%	7.82%	35.00%	20.27%	17.94%

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