Master Drilling Group 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	291.98	270.84	242.8	226.39	171.84
Revenue Growth (YoY)	7.80%	11.55%	7.25%	31.75%	39.54%
Cost of Revenue	209.37	186.88	172.14	161.48	123.2
Gross Profit	82.61	83.96	70.66	64.92	48.64
Other Operating Expenses	44.89	40.75	36.22	31.21	19.83
Operating Expenses	46.86	40.61	35.93	31.24	20.87
Operating Income	35.75	43.36	34.73	33.68	27.77
Interest Expense	-5.3	-5.72	-5.71	-2.91	-2.56
Interest & Investment Income	1.73	1.78	1.4	0.89	0.52
Earnings From Equity Investments	1.17	0.03	0.75	1.38	0.52
Currency Exchange Gain (Loss)	6.2	-	1.05	-	-
Other Non Operating Income (Expenses)	-0.7	-0.55	-0.1	-1.56	-
EBT Excluding Unusual Items	38.85	38.9	32.13	31.48	26.25
Gain (Loss) on Sale of Investments	1.23	0.06	-0.02	-	-
Gain (Loss) on Sale of Assets	-	0.1	0.28	0.97	-
Asset Writedown	4.52	-13.89	-2.23	-0.17	1.89
Other Unusual Items	-	-	-	0.16	-
Pretax Income	44.6	25.17	30.17	32.44	28.14
Income Tax Expense	12.67	6.92	7.87	10.33	8.23
Earnings From Continuing Operations	31.93	18.25	22.3	22.11	19.91
Minority Interest in Earnings	-1.45	-1.09	-1.72	-0.68	0.11
Net Income	30.48	17.16	20.58	21.43	20.03
Net Income to Common	30.48	17.16	20.58	21.43	20.03
Net Income Growth	77.64%	-16.63%	-3.94%	6.99%	500.23%
Shares Outstanding (Basic)	151	151	152	151	151
Shares Outstanding (Diluted)	151	151	152	151	151
Shares Change (YoY)	0.03%	-0.21%	0.11%	0.07%	0.33%
EPS (Basic)	0.20	0.11	0.14	0.14	0.13
EPS (Diluted)	0.20	0.11	0.14	0.14	0.13
EPS Growth	78.76%	-16.82%	-4.06%	7.27%	500.00%
Free Cash Flow	0.22	13.93	1.53	3.59	14.98
Free Cash Flow Per Share	0.00	0.09	0.01	0.02	0.10
Dividend Per Share	-	0.034	0.028	0.028	0.020
Dividend Growth	-	21.09%	1.75%	37.20%	-
Gross Margin	28.29%	31.00%	29.10%	28.67%	28.31%
Operating Margin	12.24%	16.01%	14.30%	14.88%	16.16%
Profit Margin	10.44%	6.34%	8.48%	9.46%	11.65%
Free Cash Flow Margin	0.07%	5.14%	0.63%	1.58%	8.72%
EBITDA	49.86	56.83	48.44	48.5	38.5
EBITDA Margin	17.08%	20.98%	19.95%	21.43%	22.40%
D&A For EBITDA	14.11	13.48	13.71	14.83	10.73
EBIT	35.75	43.36	34.73	33.68	27.77
EBIT Margin	12.24%	16.01%	14.30%	14.88%	16.16%
Effective Tax Rate	28.40%	27.48%	26.08%	31.86%	29.23%

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