M&Z p.l.c. (MSE:MZ)

M&Z p.l.c. Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	31.62	29.92	29.81	28.4	22.75
Revenue Growth (YoY)	5.70%	0.36%	4.96%	24.83%	5.18%
Cost of Revenue	23.75	23.47	23.21	22.63	17.44
Gross Profit	7.87	6.45	6.6	5.77	5.31
Selling, General & Admin	3	3.04	3.34	3.18	2.52
Other Operating Expenses	-0.03	-	-	-	-
Operating Expenses	2.97	3	3.74	3.32	2.52
Operating Income	4.9	3.44	2.86	2.46	2.79
Interest Expense	-0.26	-0.29	-0.36	-0.26	-0.1
Interest & Investment Income	-	0.02	-	-	-
EBT Excluding Unusual Items	4.64	3.18	2.5	2.2	2.69
Gain (Loss) on Sale of Assets	-	0.01	0	0.01	0.02
Pretax Income	4.64	3.19	2.5	2.21	2.71
Income Tax Expense	1.65	1.16	0.74	0.81	0.94
Net Income	2.99	2.02	1.77	1.4	1.77
Preferred Dividends & Other Adjustments	-	0.03	0.01	0.05	0.03
Net Income to Common	2.99	2	1.75	1.35	1.74
Net Income Growth	47.66%	14.64%	26.48%	-21.30%	21.45%
Shares Outstanding (Basic)	43	44	44	43	43
Shares Outstanding (Diluted)	43	44	44	43	43
Shares Change (YoY)	-2.80%	-0.17%	2.46%	-	631.35%
EPS (Basic)	0.07	0.05	0.04	0.03	0.04
EPS (Diluted)	0.07	0.05	0.04	0.03	0.04
EPS Growth	54.11%	14.09%	26.58%	-22.56%	-83.64%
Free Cash Flow	2	3.82	1.49	0.13	-0.6
Free Cash Flow Per Share	0.05	0.09	0.03	0.00	-0.01
Dividend Per Share	-	0.025	0.029	0.029	0.330
Dividend Growth	-	-12.68%	-	-91.25%	1655.32%
Gross Margin	24.89%	21.55%	22.13%	20.33%	23.34%
Operating Margin	15.49%	11.51%	9.59%	8.65%	12.27%
Profit Margin	9.45%	6.67%	5.88%	4.76%	7.67%
Free Cash Flow Margin	6.32%	12.77%	4.98%	0.47%	-2.63%
EBITDA	5.3	4.09	3.58	3.12	3.29
EBITDA Margin	16.76%	13.68%	12.00%	11.00%	14.47%
D&A For EBITDA	0.4	0.65	0.72	0.67	0.5
EBIT	4.9	3.44	2.86	2.46	2.79
EBIT Margin	15.49%	11.51%	9.59%	8.65%	12.27%
Effective Tax Rate	35.56%	36.48%	29.40%	36.72%	34.68%

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