Channel Vas Investments 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	265.36	151.19	128.57	124.14
Revenue Growth (YoY)	75.51%	17.60%	3.57%	-
Cost of Revenue	134.21	52.87	34.66	28.99
Gross Profit	131.14	98.33	93.9	95.15
Selling, General & Admin	50.83	26.31	28.06	26.65
Other Operating Expenses	10.22	2.78	15.84	10.62
Operating Expenses	74.04	45.51	51.48	43.83
Operating Income	57.1	52.82	42.43	51.32
Interest Expense	-10.39	-9.22	-7.6	-1.94
Interest & Investment Income	0.63	0.57	0.21	0.14
Earnings From Equity Investments	-	-0.21	-0.34	-0.3
Currency Exchange Gain (Loss)	4.25	-0.39	-6.05	-14.24
Other Non Operating Income (Expenses)	-2.63	-1.6	-	-
Pretax Income	48.96	41.96	28.65	34.99
Income Tax Expense	5.84	5.74	1.17	1.21
Earnings From Continuing Operations	43.13	36.23	27.47	33.78
Minority Interest in Earnings	-3.27	-0.2	-	-
Net Income	39.86	36.03	27.47	33.78
Net Income to Common	39.86	36.03	27.47	33.78
Net Income Growth	10.63%	31.14%	-18.67%	-
Shares Outstanding (Basic)	1,177	1,167	-	-
Shares Outstanding (Diluted)	1,177	1,167	-	-
Shares Change (YoY)	0.93%	-	-	-
EPS (Basic)	0.03	0.03	-	-
EPS (Diluted)	0.03	0.03	-	-
EPS Growth	9.60%	-	-	-
Free Cash Flow	35.37	23.98	-	-
Free Cash Flow Per Share	0.03	0.02	-	-
Dividend Per Share	0.011	-	-	-
Gross Margin	49.42%	65.03%	73.04%	76.65%
Operating Margin	21.52%	34.94%	33.00%	41.34%
Profit Margin	15.02%	23.83%	21.37%	27.21%
Free Cash Flow Margin	13.33%	15.86%	-	-
EBITDA	60.28	55.3	50	57.88
EBITDA Margin	22.72%	36.58%	38.89%	46.63%
D&A For EBITDA	3.18	2.48	7.57	6.56
EBIT	57.1	52.82	42.43	51.32
EBIT Margin	21.52%	34.94%	33.00%	41.34%
Effective Tax Rate	11.92%	13.67%	4.09%	3.47%