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	133.8	150.3	185.1	169.8	132
Gross Profit	96.3	97	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
Total Operating Expenses	95.6	93.4	106.8	144.7	78.6
Operating Income	0.7	3.6	24.5	-24.1	29.7
Interest Expense	-	-	-	-	-1.3
Other Non-Operating Income (Expense)	-8	-11.3	-13.3	-6.1	-
Total Non-Operating Income (Expense)	-8	-11.3	-13.3	-6.1	-1.3
Pretax Income	-7.3	-7.7	11.2	-30.2	28.4
Provision for Income Taxes	4	1.7	20.2	-10.6	5.4
Net Income	-11.3	-9.4	-9	-19.6	23
Minority Interest in Earnings	0.1	0.2	0.2	0.4	0.4
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)	14.07%	17.12%	3.18%	-0.90%	1.04%
EPS (Basic)	-0.42	-0.41	-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 Growth	-14.47%	69.52%	-	-	-25.72%
Free Cash Flow Per Share	1.44	1.92	1.32	-0.48	1.56
Dividends Per Share	-	-	0.180	0.940	0.940
Dividend Growth	-	-	-80.85%	-	27.03%
Gross Margin	41.85%	39.22%	41.50%	41.53%	45.07%
Operating Margin	0.30%	1.46%	7.74%	-8.30%	12.36%
Profit Margin	-4.91%	-3.80%	-2.84%	-6.75%	9.57%
FCF Margin	16.95%	18.44%	8.50%	-3.27%	12.86%
EBITDA	19.5	22.3	44.6	-6.5	42.9
EBITDA Margin	8.47%	9.02%	14.10%	-2.24%	17.85%
EBIT	0.7	3.6	24.5	-24.1	29.7
EBIT Margin	0.30%	1.46%	7.74%	-8.30%	12.36%
Effective Tax Rate	-54.79%	-22.08%	180.36%	35.10%	19.01%