Sipef NV 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	570.43	443.81	443.89	527.46	416.05
Revenue Growth (YoY)	28.53%	-0.02%	-15.85%	26.78%	51.83%
Cost of Revenue	319.46	286.63	294.4	308.2	249.24
Gross Profit	250.97	157.18	149.49	219.26	166.81
Selling, General & Admin	57.62	48.45	46.2	43.42	36.89
Other Operating Expenses	5.66	5.53	-5.71	-1.11	0.32
Operating Expenses	63.28	53.98	40.5	42.31	37.21
Operating Income	187.69	103.2	108.99	176.95	129.6
Interest Expense	-2.45	-2.55	-1.68	-1.92	-3.1
Interest & Investment Income	-	1.59	1.81	1.3	0.73
Earnings From Equity Investments	-1.48	-1.37	-1.34	-0.57	-1.09
Currency Exchange Gain (Loss)	2.73	-5.28	1.11	-3.25	-1.16
Other Non Operating Income (Expenses)	2.48	-0.4	-0.4	-1.88	0.75
EBT Excluding Unusual Items	188.97	95.19	108.5	170.63	125.73
Gain (Loss) on Sale of Assets	-	-1.36	-	-	11.64
Asset Writedown	-	2.27	-1.01	1.36	-1.83
Pretax Income	188.97	96.1	107.48	171.99	135.55
Income Tax Expense	56.75	25.85	31.13	59.54	36.08
Earnings From Continuing Operations	132.22	70.25	76.35	112.46	99.47
Minority Interest in Earnings	-6.77	-4.41	-3.62	-4.3	-5.72
Net Income	125.45	65.84	72.74	108.16	93.75
Net Income to Common	125.45	65.84	72.74	108.16	93.75
Net Income Growth	90.54%	-9.48%	-32.75%	15.37%	563.85%
Shares Outstanding (Basic)	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10
Shares Change (YoY)	0.21%	-0.02%	-0.25%	0.20%	0.02%
EPS (Basic)	12.05	6.33	6.99	10.40	9.00
EPS (Diluted)	12.02	6.32	6.98	10.36	8.99
EPS Growth	90.19%	-9.46%	-32.63%	15.24%	563.29%
Free Cash Flow	132.86	46.23	15.66	86	91.66
Free Cash Flow Per Share	12.73	4.44	1.50	8.23	8.79
Dividend Per Share	-	2.071	2.211	3.206	2.275
Dividend Growth	-	-6.34%	-31.05%	40.96%	431.27%
Gross Margin	44.00%	35.42%	33.68%	41.57%	40.09%
Operating Margin	32.90%	23.25%	24.55%	33.55%	31.15%
Profit Margin	21.99%	14.84%	16.39%	20.51%	22.53%
Free Cash Flow Margin	23.29%	10.42%	3.53%	16.30%	22.03%
EBITDA	242.02	158.41	161.14	224.26	177.8
EBITDA Margin	42.43%	35.69%	36.30%	42.52%	42.73%
D&A For EBITDA	54.33	55.22	52.15	47.32	48.2
EBIT	187.69	103.2	108.99	176.95	129.6
EBIT Margin	32.90%	23.25%	24.55%	33.55%	31.15%
Effective Tax Rate	30.03%	26.90%	28.96%	34.62%	26.61%

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