Butler National Income Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Revenue	86.16	83.97	78.38	75.18	71.52	61.48
Revenue Growth (YoY)	4.08%	7.13%	4.25%	5.13%	16.33%	-6.67%
Cost of Revenue	44.96	45.92	44.47	41.3	36.4	37.51
Gross Profit	41.2	38.05	33.9	33.88	35.12	23.97
Selling, General & Admin	21.01	21.22	20.67	25.23	18.99	14.53
Operating Expenses	21.01	21.22	20.67	25.23	18.99	18.07
Operating Income	20.18	16.83	13.24	8.65	16.13	5.9
Interest Expense	-2.1	-2.18	-2.45	-2.74	-2.69	-3.14
Interest & Investment Income	0.81	0.51	0.31	-	-	-
Other Non Operating Income (Expenses)	-	-	-	0.14	-	0.01
EBT Excluding Unusual Items	18.89	15.16	11.1	6.05	13.44	2.77
Gain (Loss) on Sale of Assets	2.93	1.56	5.66	0.48	0.08	-
Other Unusual Items	-	-	-	-	2	-
Pretax Income	21.82	16.72	16.76	6.53	15.52	2.77
Income Tax Expense	5.43	4.17	4.24	2.01	3.28	0.31
Earnings From Continuing Operations	16.39	12.55	12.51	4.52	12.24	2.46
Minority Interest in Earnings	-	-	-	-	-1.87	-1.03
Net Income	16.39	12.55	12.51	4.52	10.37	1.43
Net Income to Common	16.39	12.55	12.51	4.52	10.37	1.43
Net Income Growth	29.20%	0.31%	177.06%	-56.44%	623.52%	-66.16%
Shares Outstanding (Basic)	67	68	70	76	75	74
Shares Outstanding (Diluted)	67	68	70	76	75	74
Shares Change (YoY)	-3.06%	-3.69%	-7.88%	1.48%	1.61%	8.05%
EPS (Basic)	0.25	0.19	0.18	0.06	0.14	0.02
EPS (Diluted)	0.25	0.19	0.18	0.06	0.14	0.02
EPS Growth	33.31%	4.18%	200.74%	-57.08%	612.03%	-67.79%
Free Cash Flow	19.79	10.15	-1.2	14.43	1.6	6.47
Free Cash Flow Per Share	0.30	0.15	-0.02	0.19	0.02	0.09
Gross Margin	47.82%	45.31%	43.26%	45.06%	49.11%	38.99%
Operating Margin	23.42%	20.04%	16.89%	11.51%	22.55%	9.60%
Profit Margin	19.02%	14.95%	15.96%	6.01%	14.50%	2.33%
Free Cash Flow Margin	22.97%	12.08%	-1.53%	19.19%	2.24%	10.52%
EBITDA	27.06	23.57	19.31	14.55	21.41	11.76
EBITDA Margin	31.41%	28.07%	24.63%	19.36%	29.94%	19.12%
D&A For EBITDA	6.88	6.74	6.07	5.9	5.28	5.86
EBIT	20.18	16.83	13.24	8.65	16.13	5.9
EBIT Margin	23.42%	20.04%	16.89%	11.51%	22.55%	9.60%
Effective Tax Rate	24.90%	24.93%	25.33%	30.81%	21.11%	11.23%
Revenue as Reported	86.16	83.97	78.38	75.18	71.52	61.48

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