LON:0XVE Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	578.39	607.47	578.86	722.87	749.3	433.62
Revenue Growth (YoY)	-5.75%	4.94%	-19.92%	-3.53%	72.80%	21.74%
Cost of Revenue	212.2	211.53	203.07	279.8	295.08	175.06
Gross Profit	366.19	395.94	375.79	443.07	454.22	258.57
Selling, General & Admin	120.5	126.05	105.96	95.01	92.86	75.8
Research & Development	78.27	74.31	56.44	53.95	36.38	32.91
Operating Expenses	198.77	200.35	162.4	148.96	129.24	108.71
Operating Income	167.42	195.59	213.39	294.12	324.98	149.86
Interest Expense	-24.87	-16.67	-11.66	-12.2	-10.96	-11.87
Interest & Investment Income	16.21	17.31	12.26	1.63	0.24	0.06
Currency Exchange Gain (Loss)	-0.56	-0.86	0.77	-0.5	-0.15	1.3
Other Non Operating Income (Expenses)	-8.44	-6.86	-7.07	-7.56	-2.87	-1.83
EBT Excluding Unusual Items	149.77	188.52	207.69	275.49	311.24	137.52
Other Unusual Items	-	-	-	-	-7.4	-
Pretax Income	149.77	188.52	207.69	275.49	303.84	137.52
Income Tax Expense	1.64	6.53	30.61	34.84	21.42	5.24
Earnings From Continuing Operations	148.13	181.99	177.08	240.65	282.42	132.28
Net Income	148.13	181.99	177.08	240.65	282.42	132.28
Net Income to Common	148.13	181.99	177.08	240.65	282.42	132.28
Net Income Growth	-16.59%	2.77%	-26.41%	-14.79%	113.51%	62.66%
Shares Outstanding (Basic)	79	79	78	79	76	73
Shares Outstanding (Diluted)	81	82	83	86	85	84
Shares Change (YoY)	-0.74%	-1.10%	-3.19%	0.20%	1.89%	0.75%
EPS (Basic)	1.87	2.31	2.28	3.03	3.70	1.82
EPS (Diluted)	1.87	2.30	2.23	2.90	3.39	1.67
EPS Growth	-16.80%	2.81%	-23.04%	-14.34%	102.95%	57.97%
Free Cash Flow	178.47	189.14	201.99	265.33	272.9	158.1
Free Cash Flow Per Share	2.19	2.31	2.44	3.10	3.20	1.89
Dividend Per Share	-	2.180	2.150	2.850	3.330	1.700
Dividend Growth	-	1.40%	-24.56%	-14.41%	95.88%	68.32%
Gross Margin	63.31%	65.18%	64.92%	61.29%	60.62%	59.63%
Operating Margin	28.95%	32.20%	36.86%	40.69%	43.37%	34.56%
Profit Margin	25.61%	29.96%	30.59%	33.29%	37.69%	30.50%
Free Cash Flow Margin	30.86%	31.14%	34.89%	36.70%	36.42%	36.46%
EBITDA	177.34	204.97	221.1	300.81	331.04	155.63
EBITDA Margin	30.66%	33.74%	38.20%	41.61%	44.18%	35.89%
D&A For EBITDA	9.92	9.38	7.71	6.69	6.05	5.77
EBIT	167.42	195.59	213.39	294.12	324.98	149.86
EBIT Margin	28.95%	32.20%	36.86%	40.69%	43.37%	34.56%
Effective Tax Rate	1.09%	3.46%	14.74%	12.65%	7.05%	3.81%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.