HBM 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	157.98	38.1	89.5	40.66	4.31
Revenue Growth (YoY)	314.63%	-57.43%	120.13%	843.80%	-69.46%
Cost of Revenue	8.73	4.49	2.03	0.13	0.14
Gross Profit	149.24	33.61	87.47	40.53	4.17
Selling, General & Admin	28.87	15.85	20.56	27.27	40.07
Research & Development	39.77	21	45.08	135.14	107.1
Operating Expenses	68.66	37.31	65.64	162.42	147.17
Operating Income	80.58	-3.7	21.83	-121.89	-143
Interest Expense	-2.04	-3.51	-3.87	-1.99	-0.18
Interest & Investment Income	12.17	6.78	5.62	2.87	2.27
Earnings From Equity Investments	-0.05	-	-	-	-
Currency Exchange Gain (Loss)	-2.52	1.04	-0.85	-5.38	0.69
Other Non Operating Income (Expenses)	1.84	-0.47	0.46	0.86	2.2
EBT Excluding Unusual Items	89.98	0.15	23.19	-125.52	-138.01
Gain (Loss) on Sale of Investments	3.59	3.59	-0.51	1.04	0.19
Gain (Loss) on Sale of Assets	-0.03	-	-0	-12.54	-
Pretax Income	93.54	3.74	22.68	-137.02	-137.83
Income Tax Expense	1.32	1	-0.08	0.25	0.05
Earnings From Continuing Operations	92.22	2.74	22.76	-137.27	-137.88
Minority Interest in Earnings	-0.89	0.04	0.03	0.05	0.1
Net Income	91.33	2.78	22.8	-137.22	-137.78
Net Income to Common	91.33	2.78	22.8	-137.22	-137.78
Net Income Growth	3187.72%	-87.81%	-	-	-
Shares Outstanding (Basic)	792	768	734	729	732
Shares Outstanding (Diluted)	811	772	743	729	732
Shares Change (YoY)	4.95%	4.03%	1.80%	-0.40%	316.59%
EPS (Basic)	0.12	0.00	0.03	-0.19	-0.19
EPS (Diluted)	0.11	0.00	0.03	-0.19	-0.19
EPS Growth	2958.93%	-88.29%	-	-	-
Free Cash Flow	77.07	30.5	-21.52	-117.88	-139.06
Free Cash Flow Per Share	0.10	0.04	-0.03	-0.16	-0.19
Gross Margin	94.47%	88.23%	97.73%	99.68%	96.82%
Operating Margin	51.01%	-9.70%	24.39%	-299.78%	-3319.38%
Profit Margin	57.82%	7.29%	25.47%	-337.50%	-3198.17%
Free Cash Flow Margin	48.78%	80.05%	-24.04%	-289.92%	-3227.95%
EBITDA	81.6	-2.08	24.63	-117.07	-138.37
EBITDA Margin	51.65%	-5.45%	27.51%	-287.92%	-
D&A For EBITDA	1.02	1.62	2.8	4.82	4.63
EBIT	80.58	-3.7	21.83	-121.89	-143
EBIT Margin	51.01%	-9.70%	24.39%	-299.78%	-
Effective Tax Rate	1.41%	26.66%	-	-	-

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