Cowell e Holdings 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	3,500	2,494	923.85	1,116	799.29
Revenue Growth (YoY)	40.32%	169.99%	-17.23%	39.65%	6.54%
Cost of Revenue	3,141	2,203	796.08	941.76	678.79
Gross Profit	358.73	290.91	127.77	174.45	120.5
Selling, General & Admin	131.25	111.53	80.89	74.24	46.55
Other Operating Expenses	-9.18	-6.51	-3.06	-1.77	-4.4
Operating Expenses	122.07	105.02	77.83	72.46	42.15
Operating Income	236.66	185.89	49.94	101.98	78.35
Interest Expense	-15.82	-18.71	-9.57	-5.12	-0.89
Interest & Investment Income	8.49	10.03	11.21	7.14	1.34
Earnings From Equity Investments	-0.35	-	-	-	-
Currency Exchange Gain (Loss)	0.6	10.97	1.05	11.2	-2.76
EBT Excluding Unusual Items	229.59	188.18	52.63	115.21	76.04
Gain (Loss) on Sale of Investments	0.01	-	-	-	-
Gain (Loss) on Sale of Assets	-2.93	-1.11	-1.3	-14.37	-18.33
Asset Writedown	-2.9	-49.37	-1.22	-	-
Pretax Income	223.78	137.7	50.11	100.84	57.72
Income Tax Expense	28.83	17.32	3.72	17.02	7.91
Earnings From Continuing Operations	194.95	120.38	46.39	83.82	49.81
Minority Interest in Earnings	1.96	-1.33	0.2	0.49	-
Net Income	196.9	119.06	46.59	84.31	49.81
Net Income to Common	196.9	119.06	46.59	84.31	49.81
Net Income Growth	65.39%	155.54%	-44.74%	69.27%	17.41%
Shares Outstanding (Basic)	861	858	847	836	834
Shares Outstanding (Diluted)	891	888	881	869	845
Shares Change (YoY)	0.33%	0.86%	1.39%	2.81%	1.44%
EPS (Basic)	0.23	0.14	0.06	0.10	0.06
EPS (Diluted)	0.22	0.13	0.05	0.10	0.06
EPS Growth	64.92%	152.83%	-45.36%	64.41%	15.73%
Free Cash Flow	-	-183.88	32.71	5.18	39.48
Free Cash Flow Per Share	-	-0.21	0.04	0.01	0.05
Gross Margin	10.25%	11.66%	13.83%	15.63%	15.08%
Operating Margin	6.76%	7.45%	5.41%	9.14%	9.80%
Profit Margin	5.63%	4.77%	5.04%	7.55%	6.23%
Free Cash Flow Margin	-	-7.37%	3.54%	0.46%	4.94%
EBITDA	276.61	225.84	75.48	120.84	98.75
EBITDA Margin	7.90%	9.05%	8.17%	10.83%	12.35%
D&A For EBITDA	39.95	39.95	25.54	18.86	20.41
EBIT	236.66	185.89	49.94	101.98	78.35
EBIT Margin	6.76%	7.45%	5.41%	9.14%	9.80%
Effective Tax Rate	12.88%	12.58%	7.42%	16.88%	13.71%

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