Harworth Group Income Statement

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

Millions GBP. 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	129.75	181.59	72.43	166.69	109.88
Revenue Growth (YoY)	-28.55%	150.72%	-56.55%	51.69%	56.97%
Cost of Revenue	117.2	150.51	60.08	83.29	61.19
Gross Profit	12.55	31.08	12.35	83.39	48.7
Selling, General & Admin	36.34	33.19	27.44	22.09	19.2
Other Operating Expenses	0.12	1.37	0.11	0.06	0.06
Operating Expenses	36.46	34.56	27.55	22.15	19.26
Operating Income	-23.91	-3.48	-15.2	61.25	29.44
Interest Expense	-14.56	-8.67	-4.9	-3.98	-3.36
Interest & Investment Income	0.34	0.81	0.04	0.23	0.18
Earnings From Equity Investments	6.37	1.49	1.55	-7.49	9.23
Other Non Operating Income (Expenses)	3.59	1.12	-1.12	-2.39	-0.75
EBT Excluding Unusual Items	-28.18	-8.73	-19.62	47.62	34.75
Gain (Loss) on Sale of Assets	2.33	17.66	-1.67	3.16	7.45
Asset Writedown	43.22	60.45	71.1	-19.92	85.04
Pretax Income	17.37	69.39	49.81	30.86	127.23
Income Tax Expense	7.9	12.15	11.85	3.02	33.24
Net Income	9.47	57.24	37.96	27.84	93.99
Net Income to Common	9.47	57.24	37.96	27.84	93.99
Net Income Growth	-83.45%	50.80%	36.35%	-70.38%	264.36%
Shares Outstanding (Basic)	324	323	323	323	322
Shares Outstanding (Diluted)	334	331	329	326	325
Shares Change (YoY)	0.92%	0.80%	0.72%	0.39%	0.38%
EPS (Basic)	0.03	0.18	0.12	0.09	0.29
EPS (Diluted)	0.03	0.17	0.11	0.08	0.29
EPS Growth	-83.82%	50.44%	35.30%	-70.59%	261.25%
Free Cash Flow	-62.1	33.94	2.46	37.05	49.83
Free Cash Flow Per Share	-0.19	0.10	0.01	0.11	0.15
Dividend Per Share	0.018	0.016	0.015	0.013	0.012
Dividend Growth	9.98%	10.10%	9.98%	9.98%	-32.67%
Gross Margin	9.67%	17.11%	17.05%	50.03%	44.32%
Operating Margin	-18.43%	-1.92%	-20.98%	36.74%	26.79%
Profit Margin	7.30%	31.52%	52.41%	16.70%	85.54%
Free Cash Flow Margin	-47.86%	18.69%	3.39%	22.23%	45.35%
EBITDA	-23.3	-3.25	-15.07	61.31	29.6
EBITDA Margin	-17.96%	-1.79%	-20.81%	36.78%	26.93%
D&A For EBITDA	0.61	0.23	0.12	0.06	0.16
EBIT	-23.91	-3.48	-15.2	61.25	29.44
EBIT Margin	-18.43%	-1.92%	-20.98%	36.74%	26.79%
Effective Tax Rate	45.46%	17.51%	23.79%	9.79%	26.13%

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