Azkoyen Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. 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	211.07	199.05	192.47	170.84	138.87
Revenue Growth (YoY)	6.04%	3.42%	12.66%	23.03%	21.43%
Cost of Revenue	71.16	72.02	72.53	63.65	48.56
Gross Profit	139.91	127.03	119.94	107.19	90.31
Selling, General & Admin	73.53	70.92	67.81	59.19	52.87
Other Operating Expenses	28.7	21.15	20.51	19.93	14.81
Operating Expenses	114.33	101.3	97.2	86.37	73.56
Operating Income	25.58	25.73	22.74	20.82	16.75
Interest Expense	-1.15	-1.95	-2.82	-0.95	-0.29
Interest & Investment Income	-	0.81	2.63	0.04	0.03
Currency Exchange Gain (Loss)	-0.03	-0.04	0.06	-0.1	0.17
Other Non Operating Income (Expenses)	0.13	-0.01	0.01	0.01	-0.01
EBT Excluding Unusual Items	24.53	24.55	22.62	19.82	16.65
Gain (Loss) on Sale of Assets	-0	0.14	0.29	-0.02	0.01
Pretax Income	24.52	24.69	22.92	19.8	16.66
Income Tax Expense	7.04	5.94	5.42	4.78	3.65
Earnings From Continuing Operations	17.49	18.76	17.5	15.02	13.01
Minority Interest in Earnings	-0.17	-0.16	-0.16	-0.1	-0.08
Net Income	17.32	18.6	17.34	14.91	12.93
Net Income to Common	17.32	18.6	17.34	14.91	12.93
Net Income Growth	-6.83%	7.27%	16.24%	15.37%	104.30%
Shares Outstanding (Basic)	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24
Shares Change (YoY)	0.07%	0.02%	-0.01%	-0.01%	0.01%
EPS (Basic)	0.71	0.76	0.71	0.61	0.53
EPS (Diluted)	0.71	0.76	0.71	0.61	0.53
EPS Growth	-6.90%	7.25%	16.25%	15.39%	104.28%
Free Cash Flow	23.14	34.32	13.38	17.04	18.92
Free Cash Flow Per Share	0.95	1.41	0.55	0.70	0.78
Dividend Per Share	-	0.384	0.359	0.185	0.240
Dividend Growth	-	6.96%	94.05%	-22.92%	20.00%
Gross Margin	66.29%	63.82%	62.32%	62.74%	65.03%
Operating Margin	12.12%	12.93%	11.81%	12.19%	12.06%
Profit Margin	8.21%	9.34%	9.01%	8.73%	9.31%
Free Cash Flow Margin	10.96%	17.24%	6.95%	9.98%	13.62%
EBITDA	34.94	29.41	26.28	24.16	19.26
EBITDA Margin	16.55%	14.77%	13.65%	14.14%	13.87%
D&A For EBITDA	9.36	3.68	3.54	3.34	2.51
EBIT	25.58	25.73	22.74	20.82	16.75
EBIT Margin	12.12%	12.93%	11.81%	12.19%	12.06%
Effective Tax Rate	28.69%	24.05%	23.65%	24.15%	21.92%
Advertising Expenses	-	1.02	1.42	0.97	0.64

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