VBG Group AB Income Statement

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

Millions SEK. 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	5,394	5,579	5,740	4,580	3,611
Revenue Growth (YoY)	-3.31%	-2.80%	25.32%	26.83%	14.75%
Cost of Revenue	3,697	3,773	3,981	3,233	2,446
Gross Profit	1,697	1,806	1,759	1,347	1,165
Selling, General & Admin	911	886.3	805.2	729.17	584.56
Research & Development	151.9	162.88	141.94	134.38	109.99
Other Operating Expenses	-16.2	-9.94	-3.06	23.69	8.57
Operating Expenses	1,047	1,039	944.08	887.24	703.12
Operating Income	650.3	766.44	814.91	460.04	461.7
Interest Expense	-248.8	-57.93	-60.98	-37.42	-14.13
Interest & Investment Income	171.2	34.7	34.89	8.27	4.36
Currency Exchange Gain (Loss)	-	29.68	-14.94	11.93	-8.11
Other Non Operating Income (Expenses)	0.3	-1.04	-9.38	0.42	-2.85
EBT Excluding Unusual Items	573	771.85	764.51	443.25	440.97
Merger & Restructuring Charges	-	-0.94	-3.62	-	-
Gain (Loss) on Sale of Assets	-	10.46	5.4	44.54	0.46
Pretax Income	573	782.18	766.29	487.8	441.43
Income Tax Expense	150.9	194.01	194.21	119.52	104.32
Net Income	422.1	588.17	572.08	368.27	337.11
Net Income to Common	422.1	588.17	572.08	368.27	337.11
Net Income Growth	-28.23%	2.81%	55.34%	9.24%	48.69%
Shares Outstanding (Basic)	25	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25	25
EPS (Basic)	16.88	23.52	22.88	14.73	13.48
EPS (Diluted)	16.88	23.52	22.88	14.73	13.48
EPS Growth	-28.23%	2.81%	55.34%	9.24%	48.69%
Free Cash Flow	223.5	207.44	611.3	136.94	155.57
Free Cash Flow Per Share	8.94	8.30	24.45	5.48	6.22
Dividend Per Share	7.250	7.250	7.000	5.500	5.000
Dividend Growth	-	3.57%	27.27%	10.00%	11.11%
Gross Margin	31.46%	32.37%	30.65%	29.42%	32.26%
Operating Margin	12.06%	13.74%	14.20%	10.04%	12.78%
Profit Margin	7.83%	10.54%	9.97%	8.04%	9.34%
Free Cash Flow Margin	4.14%	3.72%	10.65%	2.99%	4.31%
EBITDA	829.4	879.01	910.01	544.32	540.11
EBITDA Margin	15.38%	15.76%	15.85%	11.88%	14.96%
D&A For EBITDA	179.1	112.57	95.1	84.28	78.41
EBIT	650.3	766.44	814.91	460.04	461.7
EBIT Margin	12.06%	13.74%	14.20%	10.04%	12.78%
Effective Tax Rate	26.33%	24.80%	25.34%	24.50%	23.63%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.