Harvia Oyj Income Statement

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

Millions EUR. 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	198.9	175.21	150.55	172.41	179.12
Other Revenue	1.53	-	-	-	-
Revenue	200.43	175.21	150.55	172.41	179.12
Revenue Growth (YoY)	14.40%	16.38%	-12.68%	-3.75%	64.16%
Cost of Revenue	71.23	62.6	56.1	70.15	70.11
Gross Profit	129.2	112.6	94.45	102.26	109.01
Selling, General & Admin	42.03	35.86	29.41	31.46	31.1
Other Operating Expenses	41.42	32.79	25.73	26.9	24.79
Operating Expenses	90.9	75.62	61.4	64.85	61.74
Operating Income	38.3	36.99	33.04	37.4	47.27
Interest Expense	-5.69	-4.29	-4.12	2.67	-0.75
Interest & Investment Income	-	1.13	0.53	0.02	0
Earnings From Equity Investments	-	-0.08	-0.24	0.03	0.06
Currency Exchange Gain (Loss)	-	0.45	-0.28	0.26	0.25
Other Non Operating Income (Expenses)	0.57	-0.82	0.6	-0.86	-0.99
EBT Excluding Unusual Items	33.18	33.38	29.53	39.51	45.84
Merger & Restructuring Charges	-	-1.5	-	-1.77	-0.63
Asset Writedown	-	-	-	-0.95	-
Pretax Income	33.18	31.88	29.53	36.79	45.22
Income Tax Expense	6.78	7.64	6.25	8.72	10.43
Earnings From Continuing Operations	26.41	24.24	23.28	28.07	34.79
Minority Interest in Earnings	0.03	-	-0.01	-0.99	-1.12
Net Income	26.44	24.24	23.27	27.08	33.67
Net Income to Common	26.44	24.24	23.27	27.08	33.67
Net Income Growth	9.05%	4.17%	-14.07%	-19.58%	117.60%
Shares Outstanding (Basic)	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19
Shares Change (YoY)	0.30%	0.34%	-0.40%	0.11%	-0.30%
EPS (Basic)	1.41	1.30	1.25	1.45	1.80
EPS (Diluted)	1.40	1.29	1.24	1.44	1.79
EPS Growth	8.53%	4.03%	-13.89%	-19.55%	118.29%
Free Cash Flow	20.19	25.52	36.02	20.75	10.05
Free Cash Flow Per Share	1.07	1.35	1.92	1.10	0.53
Dividend Per Share	-	0.750	0.680	0.640	0.790
Dividend Growth	-	10.29%	6.25%	-18.99%	102.56%
Gross Margin	64.46%	64.27%	62.73%	59.31%	60.86%
Operating Margin	19.11%	21.11%	21.95%	21.70%	26.39%
Profit Margin	13.19%	13.84%	15.46%	15.71%	18.80%
Free Cash Flow Margin	10.07%	14.56%	23.92%	12.03%	5.61%
EBITDA	45.75	42.25	38.15	42.89	52.09
EBITDA Margin	22.82%	24.12%	25.34%	24.88%	29.08%
D&A For EBITDA	7.45	5.26	5.11	5.48	4.82
EBIT	38.3	36.99	33.04	37.4	47.27
EBIT Margin	19.11%	21.11%	21.95%	21.70%	26.39%
Effective Tax Rate	20.42%	23.96%	21.17%	23.70%	23.06%

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