Plover Bay Technologies 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	130.14	116.79	94.26	86.76	74.13
Revenue Growth (YoY)	11.43%	23.90%	8.65%	17.04%	40.35%
Cost of Revenue	56.02	52.64	43.35	40.25	30.97
Gross Profit	74.12	64.15	50.91	46.51	43.16
Selling, General & Admin	12.11	12.09	10.57	11.27	9.71
Research & Development	10.01	8.5	8.41	8.79	8.66
Operating Expenses	22.12	20.59	18.98	20.07	18.37
Operating Income	52.01	43.56	31.94	26.44	24.79
Interest Expense	-0.26	-0.29	-0.35	-0.24	-0.05
Interest & Investment Income	1.73	2.02	0.95	0.1	0.03
Currency Exchange Gain (Loss)	0.85	-	0.31	-	-
Other Non Operating Income (Expenses)	0.01	0.03	0.11	0.02	0.03
EBT Excluding Unusual Items	54.34	45.33	32.95	26.32	24.8
Gain (Loss) on Sale of Assets	-	-	-	0.06	-0.07
Pretax Income	54.34	45.33	32.95	26.38	24.73
Income Tax Expense	8.87	7.28	4.85	3.72	3.53
Net Income	45.47	38.05	28.1	22.66	21.2
Net Income to Common	45.47	38.05	28.1	22.66	21.2
Net Income Growth	19.50%	35.40%	24.01%	6.88%	48.98%
Shares Outstanding (Basic)	1,103	1,101	1,099	1,094	1,081
Shares Outstanding (Diluted)	1,107	1,103	1,101	1,100	1,092
Shares Change (YoY)	0.41%	0.20%	0.07%	0.72%	2.11%
EPS (Basic)	0.04	0.03	0.03	0.02	0.02
EPS (Diluted)	0.04	0.03	0.03	0.02	0.02
EPS Growth	19.13%	35.29%	23.79%	6.19%	45.87%
Free Cash Flow	51.48	54.97	37.03	16.81	18.35
Free Cash Flow Per Share	0.05	0.05	0.03	0.01	0.02
Dividend Per Share	0.037	0.031	0.023	0.019	0.017
Dividend Growth	19.10%	35.59%	22.80%	7.37%	45.93%
Gross Margin	56.95%	54.93%	54.01%	53.61%	58.22%
Operating Margin	39.96%	37.30%	33.88%	30.48%	33.44%
Profit Margin	34.94%	32.58%	29.81%	26.12%	28.60%
Free Cash Flow Margin	39.55%	47.06%	39.29%	19.37%	24.76%
EBITDA	53.47	45.21	33.44	27.81	26.14
EBITDA Margin	41.09%	38.71%	35.48%	32.05%	35.26%
D&A For EBITDA	1.47	1.65	1.51	1.37	1.35
EBIT	52.01	43.56	31.94	26.44	24.79
EBIT Margin	39.96%	37.30%	33.88%	30.48%	33.44%
Effective Tax Rate	16.33%	16.06%	14.72%	14.11%	14.26%

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