XP Power 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	230.1	247.3	316.4	290.4	240.3
Revenue Growth (YoY)	-6.96%	-21.84%	8.95%	20.85%	3.00%
Cost of Revenue	131.9	146	185.1	169.8	132
Gross Profit	98.2	101.3	131.3	120.6	108.3
Selling, General & Admin	74.1	73.5	80.3	116.8	61.8
Research & Development	21.5	19.9	26.5	27.9	16.8
Operating Expenses	95.6	93.4	106.8	144.7	78.6
Operating Income	2.6	7.9	24.5	-24.1	29.7
Interest Expense	-10	-13.3	-15.3	-5.2	-1.2
Interest & Investment Income	2.1	2.1	1.5	0.1	-
Other Non Operating Income (Expenses)	0.1	-0.1	-0.1	-	-0.1
EBT Excluding Unusual Items	-5.2	-3.4	10.6	-29.2	28.4
Merger & Restructuring Charges	-2.1	-4.3	-	-	-
Other Unusual Items	-	-	0.6	-1	-
Pretax Income	-7.3	-7.7	11.2	-30.2	28.4
Income Tax Expense	4	1.7	20.2	-10.6	5.4
Earnings From Continuing Operations	-11.3	-9.4	-9	-19.6	23
Minority Interest in Earnings	-0.1	-0.2	-0.2	-0.4	-0.4
Net Income	-11.4	-9.6	-9.2	-20	22.6
Net Income to Common	-11.4	-9.6	-9.2	-20	22.6
Net Income Growth	-	-	-	-	-28.25%
Shares Outstanding (Basic)	27	24	20	20	20
Shares Outstanding (Diluted)	27	24	20	20	20
Shares Change (YoY)	14.36%	16.96%	3.39%	-1.22%	1.04%
EPS (Basic)	-0.42	-0.40	-0.45	-1.02	1.16
EPS (Diluted)	-0.42	-0.41	-0.45	-1.02	1.14
EPS Growth	-	-	-	-	-29.01%
Free Cash Flow	39	45.6	26.9	-9.5	30.9
Free Cash Flow Per Share	1.44	1.92	1.33	-0.48	1.56
Dividend Per Share	-	-	0.180	0.940	0.940
Dividend Growth	-	-	-80.85%	-	27.03%
Gross Margin	42.68%	40.96%	41.50%	41.53%	45.07%
Operating Margin	1.13%	3.19%	7.74%	-8.30%	12.36%
Profit Margin	-4.95%	-3.88%	-2.91%	-6.89%	9.40%
Free Cash Flow Margin	16.95%	18.44%	8.50%	-3.27%	12.86%
EBITDA	10.8	16.6	32.8	-14.9	36.5
EBITDA Margin	4.69%	6.71%	10.37%	-5.13%	15.19%
D&A For EBITDA	8.2	8.7	8.3	9.2	6.8
EBIT	2.6	7.9	24.5	-24.1	29.7
EBIT Margin	1.13%	3.19%	7.74%	-8.30%	12.36%
Effective Tax Rate	-	-	180.36%	-	19.01%
Advertising Expenses	-	-	1	1.1	-

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