Bio-Works Technologies AB Income Statement

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

Millions SEK. 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
Operating Revenue	62.5	25.47	43.9	41.32	21.91
Other Revenue	0.61	5.02	-	-	34.45
Revenue	63.11	30.49	43.9	41.32	56.36
Revenue Growth (YoY)	107.01%	-30.55%	6.23%	-26.68%	679.09%
Cost of Revenue	14.7	5.45	17.08	12.47	3.35
Gross Profit	48.41	25.04	26.82	28.85	53.01
Selling, General & Admin	64.22	60.2	81.63	74.95	62.5
Other Operating Expenses	1.2	0.12	2.09	0.57	0.76
Operating Expenses	65.93	60.83	84.33	75.99	63.97
Operating Income	-17.52	-35.8	-57.5	-47.14	-10.96
Interest Expense	-0.19	-0.01	-0	-0.02	-0.02
Interest & Investment Income	0.55	0.6	0.88	0.35	0.07
Currency Exchange Gain (Loss)	-	0.93	1.89	2.12	1.53
Other Non Operating Income (Expenses)	-0	-0	-	0	-
EBT Excluding Unusual Items	-17.16	-34.28	-54.73	-44.7	-9.37
Merger & Restructuring Charges	-	-3	-	-	-
Pretax Income	-17.16	-37.28	-54.73	-44.7	-9.37
Income Tax Expense	-1.92	0.08	2.09	0.26	3.57
Net Income	-15.25	-37.36	-56.82	-44.95	-12.94
Net Income to Common	-15.25	-37.36	-56.82	-44.95	-12.94
Shares Outstanding (Basic)	83	50	36	35	31
Shares Outstanding (Diluted)	83	50	36	35	31
Shares Change (YoY)	65.69%	38.31%	3.16%	12.17%	2.60%
EPS (Basic)	-0.18	-0.75	-1.57	-1.28	-0.41
EPS (Diluted)	-0.18	-0.75	-1.57	-1.28	-0.41
Free Cash Flow	-19.22	-43.18	-59.85	-41	-14.31
Free Cash Flow Per Share	-0.23	-0.86	-1.66	-1.17	-0.46
Gross Margin	76.70%	82.13%	61.10%	69.81%	94.06%
Operating Margin	-27.76%	-117.42%	-131.00%	-114.09%	-19.44%
Profit Margin	-24.16%	-122.54%	-129.45%	-108.78%	-22.96%
Free Cash Flow Margin	-30.45%	-141.63%	-136.34%	-99.23%	-25.39%
EBITDA	-17.01	-35.28	-56.89	-46.67	-10.47
EBITDA Margin	-26.95%	-115.73%	-129.61%	-112.95%	-18.57%
D&A For EBITDA	0.51	0.51	0.61	0.47	0.49
EBIT	-17.52	-35.8	-57.5	-47.14	-10.96
EBIT Margin	-27.76%	-117.41%	-131.00%	-114.09%	-19.44%
Revenue as Reported	62.91	32.94	46.7	43.01	58.82

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.