Squirrel Media 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
Operating Revenue	243.52	143.39	129.17	78.31	69.7
Other Revenue	-	1.11	0.47	0.82	0.31
Revenue	243.52	144.49	129.64	79.13	70.01
Revenue Growth (YoY)	68.54%	11.45%	63.83%	13.03%	114.65%
Cost of Revenue	206.07	123.38	105.72	64.77	60.3
Gross Profit	37.45	21.11	23.93	14.37	9.71
Amortization of Goodwill & Intangibles	-	2.56	3.03	-	0.88
Other Operating Expenses	10.67	6.19	4.41	2.48	3.32
Operating Expenses	21.71	8.75	7.43	5.76	4.2
Operating Income	15.74	12.37	16.49	8.61	5.51
Interest Expense	-3.38	-2.82	-1.86	-1.12	-0.23
Interest & Investment Income	-	0.42	0.33	0.17	0.11
Currency Exchange Gain (Loss)	-0.22	0.1	0.19	-0.13	-0.01
Other Non Operating Income (Expenses)	1.96	-1.95	-0.15	-0.32	-
EBT Excluding Unusual Items	14.09	8.12	15	7.2	5.38
Gain (Loss) on Sale of Assets	-	0.01	-1.25	-0.65	-
Pretax Income	14.09	8.13	13.75	6.55	5.38
Income Tax Expense	3.42	2.87	0.42	1.9	-0.2
Earnings From Continuing Operations	10.67	5.26	13.34	4.65	5.58
Minority Interest in Earnings	-4.61	-2.38	-3.05	-1.11	-0.02
Net Income	6.06	2.88	10.29	3.54	5.56
Net Income to Common	6.06	2.88	10.29	3.54	5.56
Net Income Growth	110.53%	-72.03%	190.73%	-36.35%	298.00%
Shares Outstanding (Basic)	93	91	89	88	86
Shares Outstanding (Diluted)	93	91	89	88	86
Shares Change (YoY)	2.23%	1.29%	2.02%	2.14%	0.00%
EPS (Basic)	0.07	0.03	0.11	0.04	0.06
EPS (Diluted)	0.07	0.03	0.11	0.04	0.06
EPS Growth	105.95%	-72.38%	184.98%	-37.68%	297.98%
Free Cash Flow	6.99	-11.51	9.83	-12.49	-3.55
Free Cash Flow Per Share	0.07	-0.13	0.11	-0.14	-0.04
Gross Margin	15.38%	14.61%	18.45%	18.15%	13.87%
Operating Margin	6.46%	8.56%	12.72%	10.87%	7.87%
Profit Margin	2.49%	1.99%	7.94%	4.47%	7.94%
Free Cash Flow Margin	2.87%	-7.97%	7.58%	-15.78%	-5.07%
EBITDA	26.79	14.11	18.76	11.35	5.94
EBITDA Margin	11.00%	9.76%	14.47%	14.34%	8.49%
D&A For EBITDA	11.05	1.74	2.26	2.75	0.44
EBIT	15.74	12.37	16.49	8.61	5.51
EBIT Margin	6.46%	8.56%	12.72%	10.87%	7.87%
Effective Tax Rate	24.27%	35.33%	3.03%	29.02%	-
Revenue as Reported	-	144.49	129.64	79.13	70.01

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