MSE:IHI Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	320.9	306.79	287.77	238.21	129.27	91.91
Revenue Growth (YoY)	7.47%	6.61%	20.81%	84.28%	40.65%	-65.74%
Cost of Revenue	165.48	158.08	151.24	125.59	65.62	53.96
Gross Profit	155.43	148.71	136.53	112.62	63.65	37.95
Selling, General & Admin	76.98	68.65	58.83	44.55	32.15	32.87
Other Operating Expenses	18.26	17.68	17.38	16.37	4.97	8.89
Operating Expenses	124.59	114.79	103.8	90.08	67.73	77.54
Operating Income	30.83	33.91	32.73	22.54	-4.09	-39.59
Interest Expense	-43.14	-42.31	-36.93	-27.06	-24.04	-23.02
Interest & Investment Income	1.97	1.69	1.27	0.44	0.51	0.7
Earnings From Equity Investments	-0.02	-0.02	-0.03	-0.06	1.12	-2.45
Currency Exchange Gain (Loss)	-0.2	-1.77	-2.55	15.06	-2.47	-15.07
Other Non Operating Income (Expenses)	-1.6	-1.6	-1.85	-0.9	-1.11	-0.54
EBT Excluding Unusual Items	-12.15	-10.09	-7.36	10.02	-30.07	-79.96
Impairment of Goodwill	-	-	-	-	-	-2.37
Gain (Loss) on Sale of Investments	-	-	-1.79	-2.93	0.74	0.12
Gain (Loss) on Sale of Assets	0.32	-0.11	-1.68	-0.36	-5.35	-2.93
Asset Writedown	12.55	12.55	6.7	-7.83	-4.91	-5.23
Pretax Income	0.72	2.34	-4.13	-1.09	-39.58	-90.36
Income Tax Expense	1.83	3.59	7.18	1.25	-9.26	-14.71
Earnings From Continuing Operations	-1.11	-1.25	-11.3	-2.34	-30.33	-75.65
Minority Interest in Earnings	8.95	5.61	0.96	-3.1	2.02	12.6
Net Income	7.84	4.37	-10.35	-5.44	-28.31	-63.05
Net Income to Common	7.84	4.37	-10.35	-5.44	-28.31	-63.05
Shares Outstanding (Basic)	616	616	616	616	616	616
Shares Outstanding (Diluted)	616	616	616	616	616	616
EPS (Basic)	0.01	0.01	-0.02	-0.01	-0.05	-0.10
EPS (Diluted)	0.01	0.01	-0.02	-0.01	-0.05	-0.10
Free Cash Flow	6.52	-17.77	-0.93	11.1	14.82	-16.71
Free Cash Flow Per Share	0.01	-0.03	-0.00	0.02	0.02	-0.03
Gross Margin	48.43%	48.47%	47.44%	47.28%	49.24%	41.29%
Operating Margin	9.61%	11.05%	11.38%	9.46%	-3.16%	-43.07%
Profit Margin	2.44%	1.42%	-3.60%	-2.28%	-21.90%	-68.60%
Free Cash Flow Margin	2.03%	-5.79%	-0.32%	4.66%	11.46%	-18.19%
EBITDA	57.67	59.87	57.82	48.91	23.63	-6.4
EBITDA Margin	17.97%	19.51%	20.09%	20.53%	18.28%	-6.97%
D&A For EBITDA	26.84	25.96	25.08	26.37	27.72	33.18
EBIT	30.83	33.91	32.73	22.54	-4.09	-39.59
EBIT Margin	9.61%	11.05%	11.38%	9.46%	-3.16%	-43.07%
Effective Tax Rate	254.31%	153.20%	-	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.