LON:PINE 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 2024	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	40.5	34.04	22.62	19.1	3,421
Revenue Growth (YoY)	18.99%	50.50%	18.40%	-99.44%	23.66%
Cost of Revenue	5.8	3.27	2.49	2	2,984
Gross Profit	34.7	30.76	20.12	17.1	437.3
Selling, General & Admin	38.2	17.24	10.89	10.1	315.1
Amortization of Goodwill & Intangibles	-	5.45	-	-	-
Operating Expenses	38.2	22.69	10.89	10.1	315.1
Operating Income	-3.5	8.07	9.23	7	122.2
Interest Expense	-0.3	-0.33	-0.09	-	-34.9
Interest & Investment Income	1	5.13	-	-	0.9
Earnings From Equity Investments	-1.6	-0.55	-	-	-
Other Non Operating Income (Expenses)	-	-0.98	-	-	-
EBT Excluding Unusual Items	-4.4	11.35	9.14	7	88.2
Merger & Restructuring Charges	-5.9	-2.4	-	-	-
Gain (Loss) on Sale of Investments	60	-	-	-	-
Asset Writedown	-	-	-	-	-9.6
Pretax Income	49.7	8.95	9.14	7	78.6
Income Tax Expense	-0.6	2.73	1.48	1.3	13.1
Earnings From Continuing Operations	50.3	6.22	7.66	5.7	65.5
Earnings From Discontinued Operations	-	-	67.75	39.8	-4
Net Income	50.3	6.22	75.42	45.5	61.5
Net Income to Common	50.3	6.22	75.42	45.5	61.5
Net Income Growth	708.92%	-91.75%	65.75%	-26.02%	-
Shares Outstanding (Basic)	105	111	148	70	70
Shares Outstanding (Diluted)	105	111	148	72	71
Shares Change (YoY)	-5.83%	-24.68%	104.85%	1.99%	1.82%
EPS (Basic)	0.48	0.06	0.51	0.65	0.88
EPS (Diluted)	0.48	0.06	0.51	0.63	0.86
EPS Growth	762.75%	-89.09%	-19.11%	-27.01%	-
Free Cash Flow	-4.6	1.75	7.57	31.8	44.6
Free Cash Flow Per Share	-0.04	0.02	0.05	0.44	0.63
Gross Margin	85.68%	90.39%	88.98%	89.53%	12.78%
Operating Margin	-8.64%	23.72%	40.82%	36.65%	3.57%
Profit Margin	124.20%	18.27%	333.47%	238.22%	1.80%
Free Cash Flow Margin	-11.36%	5.13%	33.47%	166.49%	1.30%
EBITDA	8.6	8.73	9.69	7.2	136.1
EBITDA Margin	21.23%	25.64%	42.86%	37.70%	3.98%
D&A For EBITDA	12.1	0.65	0.46	0.2	13.9
EBIT	-3.5	8.07	9.23	7	122.2
EBIT Margin	-8.64%	23.72%	40.82%	36.65%	3.57%
Effective Tax Rate	-	30.49%	16.16%	18.57%	16.67%

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