MSE:IHI Income Statement

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

Millions EUR. 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	335.34	306.79	287.77	238.21	129.27
Revenue Growth (YoY)	9.31%	6.61%	20.81%	84.28%	40.65%
Cost of Revenue	177.75	158.08	151.24	125.59	65.62
Gross Profit	157.59	148.71	136.53	112.62	63.65
Selling, General & Admin	76.78	68.65	58.83	44.55	32.15
Other Operating Expenses	18.89	17.68	17.38	16.37	4.97
Operating Expenses	125.47	114.79	103.8	90.08	67.73
Operating Income	32.13	33.91	32.73	22.54	-4.09
Interest Expense	-42.77	-42.31	-36.93	-27.06	-24.04
Interest & Investment Income	2.35	1.69	1.27	0.44	0.51
Earnings From Equity Investments	0.33	-0.02	-0.03	-0.06	1.12
Currency Exchange Gain (Loss)	2.89	-1.77	-2.55	15.06	-2.47
Other Non Operating Income (Expenses)	-3.07	-1.6	-1.85	-0.9	-1.11
EBT Excluding Unusual Items	-8.15	-10.09	-7.36	10.02	-30.07
Gain (Loss) on Sale of Investments	-	-	-1.79	-2.93	0.74
Gain (Loss) on Sale of Assets	-	-0.11	-1.68	-0.36	-5.35
Asset Writedown	18.37	12.55	6.7	-7.83	-4.91
Other Unusual Items	-0.97	-	-	-	-
Pretax Income	9.25	2.34	-4.13	-1.09	-39.58
Income Tax Expense	-1.95	3.59	7.18	1.25	-9.26
Earnings From Continuing Operations	11.21	-1.25	-11.3	-2.34	-30.33
Minority Interest in Earnings	9.58	5.61	0.96	-3.1	2.02
Net Income	20.78	4.37	-10.35	-5.44	-28.31
Net Income to Common	20.78	4.37	-10.35	-5.44	-28.31
Net Income Growth	375.93%	-	-	-	-
Shares Outstanding (Basic)	616	616	616	616	616
Shares Outstanding (Diluted)	616	616	616	616	616
EPS (Basic)	0.03	0.01	-0.02	-0.01	-0.05
EPS (Diluted)	0.03	0.01	-0.02	-0.01	-0.05
EPS Growth	375.99%	-	-	-	-
Free Cash Flow	54.55	-17.77	-0.93	11.1	14.82
Free Cash Flow Per Share	0.09	-0.03	-0.00	0.02	0.02
Gross Margin	46.99%	48.47%	47.44%	47.28%	49.24%
Operating Margin	9.58%	11.05%	11.38%	9.46%	-3.16%
Profit Margin	6.20%	1.42%	-3.60%	-2.28%	-21.90%
Free Cash Flow Margin	16.27%	-5.79%	-0.32%	4.66%	11.46%
EBITDA	57.4	59.87	57.82	48.91	23.63
EBITDA Margin	17.12%	19.51%	20.09%	20.53%	18.28%
D&A For EBITDA	25.28	25.96	25.08	26.37	27.72
EBIT	32.13	33.91	32.73	22.54	-4.09
EBIT Margin	9.58%	11.05%	11.38%	9.46%	-3.16%
Effective Tax Rate	-	153.20%	-	-	-

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