Stelrad 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	279.6	290.58	308.19	316.32	272.29
Revenue Growth (YoY)	-3.78%	-5.72%	-2.57%	16.17%	38.52%
Cost of Revenue	193.33	201.62	221.34	235.19	192.28
Gross Profit	86.27	88.96	86.85	81.12	80.01
Selling, General & Admin	57.92	59.82	59.26	54.09	47.32
Other Operating Expenses	0.64	-0.48	0.53	-0.15	-0.42
Operating Expenses	58.56	59.34	59.79	53.94	46.91
Operating Income	27.72	29.62	27.07	27.18	33.1
Interest Expense	-5.25	-6.23	-6.3	-3.18	-9.79
Interest & Investment Income	0.17	0.19	0.18	0.05	0.14
Currency Exchange Gain (Loss)	3.56	0.72	1.74	-3.45	2.58
Other Non Operating Income (Expenses)	-1.28	-1.04	-1.03	-8.77	-0.33
EBT Excluding Unusual Items	24.92	23.26	21.66	11.83	25.7
Merger & Restructuring Charges	-2.72	-	-2.47	-	-
Impairment of Goodwill	-2.69	-	-	-	-
Gain (Loss) on Sale of Assets	0.08	0.12	-0.01	0.22	0.21
Asset Writedown	-9.51	-	-	-	-
Other Unusual Items	-	-	-	-1.81	-9.59
Pretax Income	10.07	23.38	19.18	10.25	16.32
Income Tax Expense	9.23	6.86	3.76	5.94	1.66
Earnings From Continuing Operations	0.84	16.52	15.42	4.31	14.66
Net Income	0.84	16.52	15.42	4.31	14.66
Net Income to Common	0.84	16.52	15.42	4.31	14.66
Net Income Growth	-94.89%	7.09%	257.95%	-70.61%	68.53%
Shares Outstanding (Basic)	127	127	127	127	127
Shares Outstanding (Diluted)	127	128	127	127	127
Shares Change (YoY)	-0.71%	0.81%	-	-	-
EPS (Basic)	0.01	0.13	0.12	0.03	0.12
EPS (Diluted)	0.01	0.13	0.12	0.03	0.12
EPS Growth	-94.87%	6.28%	258.29%	-70.64%	68.52%
Free Cash Flow	28.93	19.55	26.99	16.93	12.81
Free Cash Flow Per Share	0.23	0.15	0.21	0.13	0.10
Dividend Per Share	0.081	0.078	0.076	0.076	0.010
Dividend Growth	3.85%	1.96%	-	695.83%	-
Gross Margin	30.86%	30.61%	28.18%	25.65%	29.38%
Operating Margin	9.91%	10.20%	8.78%	8.59%	12.16%
Profit Margin	0.30%	5.68%	5.00%	1.36%	5.38%
Free Cash Flow Margin	10.35%	6.73%	8.76%	5.35%	4.70%
EBITDA	36.79	39.02	36.61	35.02	38.83
EBITDA Margin	13.16%	13.43%	11.88%	11.07%	14.26%
D&A For EBITDA	9.07	9.39	9.54	7.84	5.73
EBIT	27.72	29.62	27.07	27.18	33.1
EBIT Margin	9.91%	10.20%	8.78%	8.59%	12.16%
Effective Tax Rate	91.62%	29.36%	19.59%	57.94%	10.18%