Bang & Olufsen A/S (BGOUF)

Bang & Olufsen Income Statement

Financials in millions DKK. Fiscal year is June - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Revenue	2,553	2,588	2,752	2,948	2,629
Revenue Growth (YoY)	-1.35%	-5.96%	-6.65%	12.13%	29.13%
Cost of Revenue	1,148	1,205	1,535	1,609	1,485
Gross Profit	1,405	1,383	1,217	1,339	1,144
Selling, General & Admin	1,040	1,047	1,031	1,009	857
Research & Development	339	275	291	276	247
Operating Expenses	1,379	1,322	1,322	1,285	1,104
Operating Income	26	61	-105	54	40
Interest Expense	-72	-57	-36	-22	-23
Interest & Investment Income	51	41	22	10	6
Currency Exchange Gain (Loss)	3	-11	-	-25	-17
Other Non Operating Income (Expenses)	4	2	-8	-5	-11
EBT Excluding Unusual Items	12	36	-127	12	-5
Gain (Loss) on Sale of Investments	-	-	-6	-12	-7
Other Unusual Items	-10	-43	-19	-8	-21
Pretax Income	2	-7	-152	-8	-33
Income Tax Expense	31	10	-11	22	-10
Earnings From Continuing Operations	-29	-17	-141	-30	-23
Net Income	-29	-17	-141	-30	-23
Net Income to Common	-29	-17	-141	-30	-23
Shares Outstanding (Basic)	147	123	123	123	123
Shares Outstanding (Diluted)	147	123	123	123	123
Shares Change (YoY)	20.00%	-	-	-	200.57%
EPS (Basic)	-0.20	-0.14	-1.15	-0.24	-0.19
EPS (Diluted)	-0.20	-0.14	-1.15	-0.24	-0.20
Free Cash Flow	217	171	144	8	247
Free Cash Flow Per Share	1.47	1.39	1.17	0.07	2.01
Gross Margin	55.03%	53.44%	44.22%	45.42%	43.52%
Operating Margin	1.02%	2.36%	-3.82%	1.83%	1.52%
Profit Margin	-1.14%	-0.66%	-5.12%	-1.02%	-0.88%
Free Cash Flow Margin	8.50%	6.61%	5.23%	0.27%	9.40%
EBITDA	109	151	-22	135	106
EBITDA Margin	4.27%	5.83%	-0.80%	4.58%	4.03%
D&A For EBITDA	83	90	83	81	66
EBIT	26	61	-105	54	40
EBIT Margin	1.02%	2.36%	-3.82%	1.83%	1.52%
Effective Tax Rate	1550.00%	-	-	-	-

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