Golf Entertainment Group Income Statement

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

Millions USD. 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	343.9	343.64	369.47	325.74	281.86
Revenue Growth (YoY)	0.07%	-6.99%	13.42%	15.57%	28.13%
Cost of Revenue	289.55	289.59	311.28	281.16	235.07
Gross Profit	54.35	54.06	58.19	44.58	46.79
Selling, General & Admin	26.2	26.39	23.4	38.84	33.81
Operating Expenses	51.95	56.52	59.95	70.96	62.38
Operating Income	2.4	-2.46	-1.76	-26.38	-15.59
Interest Expense	-13.43	-17.49	-13.17	-13.67	-10.7
Interest & Investment Income	0.54	0.04	0.38	2.12	0.68
Other Non Operating Income (Expenses)	-0.7	-2.1	1.13	1.93	0.66
EBT Excluding Unusual Items	-11.2	-22.02	-13.42	-36	-24.95
Gain (Loss) on Sale of Assets	-	-1.11	-0.02	-0.04	-
Asset Writedown	-16.21	-24.16	-34.09	-14.95	-4.07
Other Unusual Items	-	-1.55	-	-2.22	-0.96
Pretax Income	-26.26	-43.68	-42.42	-50.01	-29.98
Income Tax Expense	0.73	0.79	-0.39	2.04	1.78
Earnings From Continuing Operations	-27	-44.46	-42.03	-52.05	-31.76
Net Income to Company	-27	-44.46	-42.03	-52.05	-31.76
Minority Interest in Earnings	1.55	0.31	0.05	0.15	0.39
Net Income	-25.45	-44.15	-41.98	-51.9	-31.37
Preferred Dividends & Other Adjustments	5.86	5.86	6.07	5.58	5.58
Net Income to Common	-31.31	-50.01	-48.05	-57.48	-36.95
Shares Outstanding (Basic)	2	2	1	1	1
Shares Outstanding (Diluted)	2	2	1	1	1
Shares Change (YoY)	0.61%	50.06%	24.11%	2.92%	33.61%
EPS (Basic)	-18.09	-29.07	-41.92	-62.24	-41.18
EPS (Diluted)	-18.09	-29.07	-41.92	-62.24	-41.18
Free Cash Flow	28.41	23.98	-38.29	-41	-32.33
Free Cash Flow Per Share	16.42	13.94	-33.40	-44.40	-36.03
Gross Margin	15.80%	15.73%	15.75%	13.69%	16.60%
Operating Margin	0.70%	-0.72%	-0.48%	-8.10%	-5.53%
Profit Margin	-9.11%	-14.55%	-13.00%	-17.65%	-13.11%
Free Cash Flow Margin	8.26%	6.98%	-10.36%	-12.59%	-11.47%
EBITDA	28.15	25.91	28.26	-0.7	8.43
EBITDA Margin	8.18%	7.54%	7.65%	-0.21%	2.99%
D&A For EBITDA	25.74	28.38	30.03	25.68	24.02
EBIT	2.4	-2.46	-1.76	-26.38	-15.59
EBIT Margin	0.70%	-0.72%	-0.48%	-8.10%	-5.53%
Revenue as Reported	343.9	343.64	369.47	325.74	281.86

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