HMS Networks 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	3,577	3,059	3,025	2,506	1,972
Revenue Growth (YoY)	16.93%	1.14%	20.69%	27.11%	34.42%
Cost of Revenue	1,325	1,143	1,057	929.58	741.4
Gross Profit	2,252	1,916	1,967	1,577	1,230
Selling, General & Admin	1,018	971.75	870.25	669.91	546.34
Research & Development	332	286.66	318.86	253.5	226.32
Other Operating Expenses	141	91.88	-4.04	0.86	-0.85
Operating Expenses	1,491	1,350	1,185	924.27	771.81
Operating Income	761	565.65	782.21	652.35	458.51
Interest Expense	-112	-120.02	-12.36	-6.06	-3.48
Interest & Investment Income	-	2.7	1.05	0.22	0.04
Earnings From Equity Investments	-	0.07	-0.58	-1.02	-0.14
Currency Exchange Gain (Loss)	-	-9.41	-26.76	-42.86	3.08
Other Non Operating Income (Expenses)	1	-11.74	-2.24	1.22	-1.04
EBT Excluding Unusual Items	650	427.24	741.32	603.86	456.97
Merger & Restructuring Charges	-	-62.75	-23.42	-	-
Asset Writedown	-	-	-0.57	-7.13	-8.52
Other Unusual Items	-	-	-	26.71	-
Pretax Income	650	364.5	717.33	623.44	448.45
Income Tax Expense	215	54.91	146.68	115.65	86.02
Earnings From Continuing Operations	435	309.59	570.65	507.79	362.43
Minority Interest in Earnings	-	0.09	-	-	-7.57
Net Income	435	309.68	570.65	507.79	354.85
Net Income to Common	435	309.68	570.65	507.79	354.85
Net Income Growth	40.47%	-45.73%	12.38%	43.10%	58.78%
Shares Outstanding (Basic)	50	49	47	47	47
Shares Outstanding (Diluted)	50	49	47	47	47
Shares Change (YoY)	2.91%	4.42%	-0.00%	-0.12%	0.06%
EPS (Basic)	8.67	6.35	12.23	10.89	7.61
EPS (Diluted)	8.65	6.34	12.19	10.85	7.57
EPS Growth	36.44%	-47.99%	12.35%	43.33%	58.70%
Free Cash Flow	814	552.64	480.78	397.51	493.45
Free Cash Flow Per Share	16.19	11.31	10.27	8.49	10.53
Dividend Per Share	4.800	-	4.400	4.000	3.000
Dividend Growth	-	-	10.00%	33.33%	50.00%
Gross Margin	62.96%	62.63%	65.04%	62.91%	62.40%
Operating Margin	21.27%	18.49%	25.86%	26.03%	23.25%
Profit Margin	12.16%	10.12%	18.87%	20.26%	18.00%
Free Cash Flow Margin	22.76%	18.07%	15.90%	15.86%	25.03%
EBITDA	1,029	687.88	823.02	691	494.93
EBITDA Margin	28.77%	22.49%	27.21%	27.57%	25.10%
D&A For EBITDA	268	122.23	40.81	38.65	36.42
EBIT	761	565.65	782.21	652.35	458.51
EBIT Margin	21.27%	18.49%	25.86%	26.03%	23.25%
Effective Tax Rate	33.08%	15.06%	20.45%	18.55%	19.18%

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