Silkwave Income Statement

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

Millions USD. 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
Revenue	7.29	6.39	7.34	8.55	5.72
Revenue Growth (YoY)	14.01%	-12.86%	-14.19%	49.41%	47.65%
Cost of Revenue	4.34	3.49	4.81	6.09	4.22
Gross Profit	2.95	2.9	2.52	2.46	1.51
Selling, General & Admin	0.64	0.99	3.59	5.12	2.91
Other Operating Expenses	0.16	0.36	0.09	0.34	0.16
Operating Expenses	0.96	5.6	6.29	5.68	3.06
Operating Income	1.99	-2.7	-3.77	-3.22	-1.56
Interest Expense	-0.76	-0.73	-0.86	-2.4	-5.13
Interest & Investment Income	-	0	0	-	-
Earnings From Equity Investments	-0.18	-0.54	-49.6	-20.27	-44.28
Other Non Operating Income (Expenses)	-	-	0	0	0
EBT Excluding Unusual Items	1.05	-3.97	-54.22	-25.89	-50.97
Asset Writedown	-0.44	-4.82	-20.22	-3.65	-6.95
Other Unusual Items	-	-	-	0.03	19.94
Pretax Income	0.61	-8.79	-74.45	-29.51	-37.97
Income Tax Expense	0.67	0.67	0.52	0.02	-
Earnings From Continuing Operations	-0.06	-9.46	-74.97	-29.53	-37.97
Minority Interest in Earnings	-0.32	0.54	8.16	1.55	2.53
Net Income	-0.38	-8.92	-66.81	-27.97	-35.44
Net Income to Common	-0.38	-8.92	-66.81	-27.97	-35.44
Shares Outstanding (Basic)	102	90	84	61	17
Shares Outstanding (Diluted)	102	90	84	61	20
Shares Change (YoY)	13.56%	6.78%	38.47%	205.05%	64.15%
EPS (Basic)	-0.00	-0.10	-0.80	-0.46	-2.08
EPS (Diluted)	-0.00	-0.10	-0.80	-0.46	-2.58
Free Cash Flow	-	4.14	-2.58	-6.65	-2.54
Free Cash Flow Per Share	-	0.05	-0.03	-0.11	-0.13
Gross Margin	40.42%	45.42%	34.40%	28.79%	26.35%
Operating Margin	27.32%	-42.20%	-51.34%	-37.63%	-27.17%
Profit Margin	-5.14%	-139.55%	-910.51%	-327.13%	-619.20%
Free Cash Flow Margin	-	64.76%	-35.09%	-77.73%	-44.44%
EBITDA	-	-2.67	-3.74	-3.16	-1.43
EBITDA Margin	-	-41.77%	-50.97%	-36.98%	-24.92%
D&A For EBITDA	-	0.03	0.03	0.06	0.13
EBIT	1.99	-2.7	-3.77	-3.22	-1.56
EBIT Margin	27.32%	-42.20%	-51.33%	-37.63%	-27.17%
Effective Tax Rate	109.85%	-	-	-	-

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