THG Plc 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	1,718	1,751	1,880	2,239	2,180
Revenue Growth (YoY)	-1.91%	-6.83%	-16.05%	2.72%	35.09%
Cost of Revenue	1,019	1,024	1,067	1,334	1,226
Gross Profit	698.97	727.16	812.62	905.49	954.4
Selling, General & Admin	720.27	750.6	820.25	1,055	980.11
Operating Expenses	720.27	750.6	820.25	1,055	980.11
Operating Income	-21.29	-23.44	-7.63	-149.79	-25.71
Interest Expense	-80.05	-63.55	-65.9	-57.12	-48.85
Interest & Investment Income	2.54	9.05	12.88	2.36	0.32
Other Non Operating Income (Expenses)	-	-	-	0.6	-0.3
EBT Excluding Unusual Items	-98.81	-77.95	-60.65	-203.95	-74.53
Merger & Restructuring Charges	-26.03	-115.47	-29.22	-51.07	-27.79
Impairment of Goodwill	-	-	-	-269.83	-33.36
Gain (Loss) on Sale of Assets	60.54	-	-	-	-
Asset Writedown	-	-	-	-1.83	-22.63
Other Unusual Items	-5.08	-8.98	-2.39	-23.05	-27.98
Pretax Income	-69.38	-202.4	-92.25	-549.73	-186.29
Income Tax Expense	-5.71	-21.87	15.71	-9.77	-48.21
Earnings From Continuing Operations	-63.68	-180.53	-107.96	-539.96	-138.07
Earnings From Discontinued Operations	117.8	-145.61	-140.41	-	-
Net Income	54.13	-326.14	-248.37	-539.96	-138.07
Net Income to Common	54.13	-326.14	-248.37	-539.96	-138.07
Shares Outstanding (Basic)	1,388	1,369	1,297	1,239	1,099
Shares Outstanding (Diluted)	1,388	1,369	1,297	1,239	1,099
Shares Change (YoY)	1.38%	5.53%	4.63%	12.78%	36.65%
EPS (Basic)	0.04	-0.24	-0.19	-0.44	-0.13
EPS (Diluted)	0.04	-0.24	-0.19	-0.44	-0.13
Free Cash Flow	29.37	64.75	95.52	-57.14	-88.22
Free Cash Flow Per Share	0.02	0.05	0.07	-0.05	-0.08
Gross Margin	40.69%	41.52%	43.23%	40.44%	43.78%
Operating Margin	-1.24%	-1.34%	-0.41%	-6.69%	-1.18%
Profit Margin	3.15%	-18.62%	-13.21%	-24.11%	-6.33%
Free Cash Flow Margin	1.71%	3.70%	5.08%	-2.55%	-4.05%
EBITDA	46.47	97.08	127.43	-31.64	73.16
EBITDA Margin	2.71%	5.54%	6.78%	-1.41%	3.36%
D&A For EBITDA	67.77	120.52	135.06	118.15	98.87
EBIT	-21.29	-23.44	-7.63	-149.79	-25.71
EBIT Margin	-1.24%	-1.34%	-0.41%	-6.69%	-1.18%

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