Frontage 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	256.69	254.91	259.86	250.36	184.44
Revenue Growth (YoY)	0.70%	-1.90%	3.79%	35.74%	46.60%
Cost of Revenue	187.49	185.1	181.46	161.17	117.74
Gross Profit	69.2	69.81	78.39	89.19	66.7
Selling, General & Admin	46.88	55.29	52.21	51.16	38.19
Research & Development	4.3	5.59	6.04	3.88	2.43
Operating Expenses	53.14	61.93	58.19	55.64	41.4
Operating Income	16.06	7.88	20.21	33.55	25.3
Interest Expense	-7.55	-9.56	-7.07	-3.95	-2.58
Interest & Investment Income	0.29	0.81	1.76	0.5	1.89
Earnings From Equity Investments	0.28	0.26	0.16	0.26	0.01
Currency Exchange Gain (Loss)	0.79	1.27	-0.17	0.8	-0.13
Other Non Operating Income (Expenses)	1.17	2.85	2.63	3.61	2.55
EBT Excluding Unusual Items	11.03	3.51	17.51	34.76	27.04
Merger & Restructuring Charges	-0	-0.25	-0.52	-0.47	-0.25
Impairment of Goodwill	-1.49	-	-1.89	-	-
Gain (Loss) on Sale of Investments	1.73	-0.49	-	2.05	-
Gain (Loss) on Sale of Assets	0.33	0.13	-0.02	-0.05	-0
Other Unusual Items	-	-0.16	-0.51	-0.19	-1.73
Pretax Income	11.59	2.74	14.58	36.1	25.07
Income Tax Expense	4.83	2.13	3.85	10.2	6.14
Earnings From Continuing Operations	6.76	0.62	10.73	25.9	18.92
Net Income to Company	6.76	0.62	10.73	25.9	18.92
Minority Interest in Earnings	0.03	0.17	0.08	-0.17	-0.49
Net Income	6.79	0.79	10.81	25.74	18.43
Net Income to Common	6.79	0.79	10.81	25.74	18.43
Net Income Growth	758.79%	-92.68%	-58.00%	39.65%	7.45%
Shares Outstanding (Basic)	2,027	2,026	2,040	2,048	2,049
Shares Outstanding (Diluted)	2,028	2,031	2,070	2,084	2,116
Shares Change (YoY)	-0.18%	-1.85%	-0.71%	-1.48%	1.79%
EPS (Basic)	0.00	0.00	0.01	0.01	0.01
EPS (Diluted)	0.00	0.00	0.01	0.01	0.01
EPS Growth	745.90%	-92.50%	-57.72%	41.38%	4.82%
Free Cash Flow	32.23	15.04	18.6	14.78	-5.83
Free Cash Flow Per Share	0.02	0.01	0.01	0.01	-0.00
Gross Margin	26.96%	27.39%	30.17%	35.63%	36.16%
Operating Margin	6.25%	3.09%	7.78%	13.40%	13.72%
Profit Margin	2.65%	0.31%	4.16%	10.28%	9.99%
Free Cash Flow Margin	12.55%	5.90%	7.16%	5.90%	-3.16%
EBITDA	42.24	35.37	45.38	54.1	42.56
EBITDA Margin	16.45%	13.88%	17.46%	21.61%	23.08%
D&A For EBITDA	26.18	27.49	25.17	20.55	17.26
EBIT	16.06	7.88	20.21	33.55	25.3
EBIT Margin	6.25%	3.09%	7.78%	13.40%	13.72%
Effective Tax Rate	41.64%	77.44%	26.41%	28.25%	24.51%

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