Vast Renewables Income Statement

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Operating Revenue	14.33	0.34	0.92	1.92
Other Revenue	0	-	-	-
Revenue	14.33	0.34	0.92	1.92
Revenue Growth (YoY)	4089.77%	-62.79%	-52.06%	-
Cost of Revenue	0.31	0.82	0.6	0.24
Gross Profit	14.02	-0.47	0.32	1.68
Selling, General & Admin	20.17	19.49	13.09	6.22
Other Operating Expenses	0.5	0.25	0.11	0.09
Operating Expenses	20.82	19.83	13.25	6.36
Operating Income	-6.8	-20.3	-12.93	-4.68
Interest Expense	-1.11	-1.95	-2.52	-2.12
Earnings From Equity Investments	-0.6	-0.21	-0.25	-0.01
Other Non Operating Income (Expenses)	3.98	-164.93	0.11	-0
EBT Excluding Unusual Items	-4.53	-187.39	-15.6	-6.81
Merger & Restructuring Charges	-	-106.06	-	-
Pretax Income	-4.53	-293.45	-15.6	-6.81
Income Tax Expense	-	-	-0.38	-0.62
Net Income	-4.53	-293.45	-15.22	-6.19
Net Income to Common	-4.53	-293.45	-15.22	-6.19
Shares Outstanding (Basic)	30	17	2	2
Shares Outstanding (Diluted)	30	17	2	2
Shares Change (YoY)	78.80%	680.08%	-	-
EPS (Basic)	-0.15	-17.50	-7.08	-2.88
EPS (Diluted)	-0.15	-17.50	-7.08	-2.88
Free Cash Flow	-5.99	-40.42	-9.08	-4.13
Free Cash Flow Per Share	-0.20	-2.41	-4.23	-1.92
Gross Margin	97.86%	-138.30%	34.71%	87.43%
Operating Margin	-47.45%	-5936.55%	-1406.75%	-244.08%
Profit Margin	-31.62%	-85802.63%	-1655.82%	-323.06%
Free Cash Flow Margin	-41.82%	-11819.88%	-988.47%	-215.18%
EBITDA	-6.76	-20.28	-12.88	-4.63
EBITDA Margin	-47.17%	-	-	-241.63%
D&A For EBITDA	0.04	0.02	0.05	0.05
EBIT	-6.8	-20.3	-12.93	-4.68
EBIT Margin	-47.45%	-	-	-244.08%
Revenue as Reported	14.33	0.34	0.92	1.92

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