Luceco 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	271.4	242.5	209	206.3	228.2
Revenue Growth (YoY)	11.92%	16.03%	1.31%	-9.60%	29.51%
Cost of Revenue	156.2	145	126.2	138.3	143.5
Gross Profit	115.2	97.5	82.8	68	84.7
Selling, General & Admin	83.6	74.3	60.6	55.1	46.4
Operating Expenses	83.6	74.3	60.6	55.1	46.4
Operating Income	31.6	23.2	22.2	12.9	38.3
Interest Expense	-6.9	-4.3	-3.3	-2	-1.6
Other Non Operating Income (Expenses)	-	-	-	-	-0.4
EBT Excluding Unusual Items	24.7	18.9	18.9	10.9	36.3
Merger & Restructuring Charges	-	-	-	0.8	-3
Pretax Income	24.7	18.9	18.9	11.7	33.3
Income Tax Expense	4.4	4.3	2.2	0.7	6.2
Net Income	20.3	14.6	16.7	11	27.1
Net Income to Common	20.3	14.6	16.7	11	27.1
Net Income Growth	39.04%	-12.57%	51.82%	-59.41%	-2.87%
Shares Outstanding (Basic)	151	153	155	154	154
Shares Outstanding (Diluted)	151	154	157	157	158
Shares Change (YoY)	-1.75%	-1.53%	-0.26%	-0.63%	0.32%
EPS (Basic)	0.13	0.10	0.11	0.07	0.18
EPS (Diluted)	0.13	0.10	0.11	0.07	0.17
EPS Growth	41.05%	-11.21%	52.86%	-59.30%	-2.83%
Free Cash Flow	39.4	9.7	22.6	34.5	20.4
Free Cash Flow Per Share	0.26	0.06	0.14	0.22	0.13
Dividend Per Share	0.060	0.050	0.048	0.046	0.081
Dividend Growth	20.00%	4.17%	4.35%	-43.21%	2.53%
Gross Margin	42.45%	40.21%	39.62%	32.96%	37.12%
Operating Margin	11.64%	9.57%	10.62%	6.25%	16.78%
Profit Margin	7.48%	6.02%	7.99%	5.33%	11.88%
Free Cash Flow Margin	14.52%	4.00%	10.81%	16.72%	8.94%
EBITDA	38.6	28.6	27.6	18.4	42.4
EBITDA Margin	14.22%	11.79%	13.21%	8.92%	18.58%
D&A For EBITDA	7	5.4	5.4	5.5	4.1
EBIT	31.6	23.2	22.2	12.9	38.3
EBIT Margin	11.64%	9.57%	10.62%	6.25%	16.78%
Effective Tax Rate	17.81%	22.75%	11.64%	5.98%	18.62%

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