Seeka Income Statement

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

Millions NZD. 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	439.61	411.41	300.92	348.39	309.57
Revenue Growth (YoY)	6.85%	36.72%	-13.63%	12.54%	23.11%
Cost of Revenue	314.07	306.56	252.68	280.27	236.34
Gross Profit	125.55	104.85	48.24	68.12	73.23
Selling, General & Admin	1.46	1.26	1.11	1.38	1.68
Amortization of Goodwill & Intangibles	0.29	0.3	0.37	0.41	0.29
Other Operating Expenses	32.42	27.95	24.65	22.25	21.66
Operating Expenses	64.52	57.74	52.1	49.6	46.76
Operating Income	61.02	47.11	-3.86	18.52	26.47
Interest Expense	-15.09	-17.1	-16.87	-11.49	-8.69
Interest & Investment Income	0.35	0.16	0.03	0.1	0.26
Earnings From Equity Investments	0.18	0.07	0.28	1.15	0.24
Other Non Operating Income (Expenses)	0.9	0.28	0.18	0.3	0.04
EBT Excluding Unusual Items	47.37	30.52	-20.25	8.57	18.31
Merger & Restructuring Charges	-0.09	-0.12	-0.53	-0.42	-1.78
Impairment of Goodwill	-	-	-	-0.68	-
Gain (Loss) on Sale of Investments	-	-	-1.41	-	-
Gain (Loss) on Sale of Assets	-	-0.27	1.83	0.36	0.33
Asset Writedown	-2.29	-0.42	-1.72	-0.24	-1.02
Other Unusual Items	-	-	-	-	7.64
Pretax Income	47.5	29.71	-20.99	7.59	23.49
Income Tax Expense	15.54	20.96	-6.52	1.09	8.63
Net Income	31.96	8.75	-14.47	6.5	14.86
Net Income to Common	31.96	8.75	-14.47	6.5	14.86
Net Income Growth	265.23%	-	-	-56.23%	-1.92%
Shares Outstanding (Basic)	42	42	42	41	35
Shares Outstanding (Diluted)	42	42	42	41	35
Shares Change (YoY)	1.59%	0.09%	0.64%	17.34%	19.57%
EPS (Basic)	0.76	0.21	-0.35	0.16	0.43
EPS (Diluted)	0.76	0.21	-0.35	0.16	0.42
EPS Growth	261.91%	-	-	-62.50%	-18.46%
Free Cash Flow	53.3	47.74	-20.07	-21.74	12.09
Free Cash Flow Per Share	1.26	1.15	-0.48	-0.53	0.34
Dividend Per Share	0.350	0.150	-	-	0.260
Dividend Growth	133.33%	-	-	-	18.18%
Gross Margin	28.56%	25.49%	16.03%	19.55%	23.66%
Operating Margin	13.88%	11.45%	-1.28%	5.32%	8.55%
Profit Margin	7.27%	2.13%	-4.81%	1.87%	4.80%
Free Cash Flow Margin	12.13%	11.60%	-6.67%	-6.24%	3.91%
EBITDA	78.74	64.22	11.67	34.6	41.69
EBITDA Margin	17.91%	15.61%	3.88%	9.93%	13.47%
D&A For EBITDA	17.72	17.11	15.54	16.09	15.22
EBIT	61.02	47.11	-3.86	18.52	26.47
EBIT Margin	13.88%	11.45%	-1.28%	5.32%	8.55%
Effective Tax Rate	32.71%	70.55%	-	14.34%	36.73%

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