Thinc Collective 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	305.45	326.55	298.92	336.26	151.83
Other Revenue	-	0.2	0.27	-	-
Revenue	305.45	326.75	299.19	336.26	151.83
Revenue Growth (YoY)	-6.52%	9.21%	-11.02%	121.47%	6051.83%
Cost of Revenue	276.75	306.35	274.28	317.68	143.65
Gross Profit	28.7	20.4	24.91	18.58	8.18
Selling, General & Admin	19.37	14.85	13.1	12.59	7.47
Other Operating Expenses	-1.04	0.05	0.15	-0.64	-1.77
Operating Expenses	25.17	20.68	17.03	18.17	8.2
Operating Income	3.53	-0.28	7.88	0.41	-0.03
Interest Expense	-1.75	-1.86	-1.55	-0.29	-0.19
Interest & Investment Income	0.3	0.31	0.1	0.14	0.02
Earnings From Equity Investments	2.44	1.3	1	3.71	0.43
Currency Exchange Gain (Loss)	-	1.38	0.23	0.23	0.24
EBT Excluding Unusual Items	4.52	0.85	7.67	4.19	0.47
Gain (Loss) on Sale of Assets	-	-	-	0.05	0.2
Asset Writedown	-	-	-	-20	-
Pretax Income	4.52	0.85	7.67	-15.76	0.67
Income Tax Expense	1.18	1.45	1.98	-1.88	0.35
Earnings From Continuing Operations	3.34	-0.61	5.68	-13.88	0.32
Minority Interest in Earnings	-2.14	-1.43	-1.91	-0.53	-0.09
Net Income	1.2	-2.03	3.77	-14.41	0.23
Net Income to Common	1.2	-2.03	3.77	-14.41	0.23
Shares Outstanding (Basic)	17	17	16	15	9
Shares Outstanding (Diluted)	17	17	16	15	9
Shares Change (YoY)	1.28%	3.81%	4.98%	73.51%	547.40%
EPS (Basic)	0.07	-0.12	0.23	-0.93	0.03
EPS (Diluted)	0.07	-0.12	0.23	-0.93	0.03
Free Cash Flow	-2.18	8.14	12.5	10.04	1.36
Free Cash Flow Per Share	-0.13	0.48	0.77	0.65	0.15
Dividend Per Share	0.150	-	0.250	0.200	-
Dividend Growth	-	-	25.00%	-	-
Gross Margin	9.40%	6.24%	8.33%	5.53%	5.38%
Operating Margin	1.16%	-0.09%	2.63%	0.12%	-0.02%
Profit Margin	0.39%	-0.62%	1.26%	-4.28%	0.15%
Free Cash Flow Margin	-0.71%	2.49%	4.18%	2.99%	0.90%
EBITDA	10.37	4.06	10.47	0.61	0.3
EBITDA Margin	3.39%	1.24%	3.50%	0.18%	0.20%
D&A For EBITDA	6.84	4.34	2.59	0.2	0.33
EBIT	3.53	-0.28	7.88	0.41	-0.03
EBIT Margin	1.16%	-0.09%	2.63%	0.12%	-0.02%
Effective Tax Rate	26.06%	171.75%	25.87%	-	52.81%
Revenue as Reported	309.05	329.43	300.42	341.01	154.03

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