XP Power Income Statement

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	231.1	247.3	316.4	290.4	240.3	233.3
Revenue Growth (YoY)	-18.43%	-21.84%	8.95%	20.85%	3.00%	16.71%
Cost of Revenue	135.3	146	185.1	169.8	132	123.2
Gross Profit	95.8	101.3	131.3	120.6	108.3	110.1
Selling, General & Admin	73.7	73.5	80.3	116.8	61.8	57.4
Research & Development	20.7	19.9	26.5	27.9	16.8	15.9
Operating Expenses	94.4	93.4	106.8	144.7	78.6	73.3
Operating Income	1.4	7.9	24.5	-24.1	29.7	36.8
Interest Expense	-11	-12.9	-15.3	-5.2	-1.2	-1.7
Interest & Investment Income	1.7	1.7	1.5	0.1	-	-
Other Non Operating Income (Expenses)	-0.1	-0.1	-0.1	-	-0.1	-
EBT Excluding Unusual Items	-8	-3.4	10.6	-29.2	28.4	35.1
Merger & Restructuring Charges	-4.3	-4.3	-	-	-	-
Other Unusual Items	-	-	0.6	-1	-	0.6
Pretax Income	-12.3	-7.7	11.2	-30.2	28.4	35.7
Income Tax Expense	1.1	1.7	20.2	-10.6	5.4	4
Earnings From Continuing Operations	-13.4	-9.4	-9	-19.6	23	31.7
Minority Interest in Earnings	-0.2	-0.2	-0.2	-0.4	-0.4	-0.2
Net Income	-13.6	-9.6	-9.2	-20	22.6	31.5
Net Income to Common	-13.6	-9.6	-9.2	-20	22.6	31.5
Net Income Growth	-	-	-	-	-28.25%	53.66%
Shares Outstanding (Basic)	25	24	20	20	20	19
Shares Outstanding (Diluted)	25	24	20	20	20	20
Shares Change (YoY)	12.15%	16.96%	3.39%	-1.22%	1.04%	0.67%
EPS (Basic)	-0.54	-0.40	-0.45	-1.02	1.16	1.63
EPS (Diluted)	-0.54	-0.40	-0.45	-1.02	1.14	1.60
EPS Growth	-	-	-	-	-29.01%	52.67%
Free Cash Flow	34.1	45.6	26.9	-9.5	30.9	41.6
Free Cash Flow Per Share	1.36	1.92	1.33	-0.48	1.56	2.12
Dividend Per Share	-	-	0.180	0.940	0.940	0.740
Dividend Growth	-	-	-80.85%	-	27.03%	34.54%
Gross Margin	41.45%	40.96%	41.50%	41.53%	45.07%	47.19%
Operating Margin	0.61%	3.19%	7.74%	-8.30%	12.36%	15.77%
Profit Margin	-5.88%	-3.88%	-2.91%	-6.89%	9.40%	13.50%
Free Cash Flow Margin	14.76%	18.44%	8.50%	-3.27%	12.86%	17.83%
EBITDA	5	16.6	32.8	-14.9	36.5	43.9
EBITDA Margin	2.16%	6.71%	10.37%	-5.13%	15.19%	18.82%
D&A For EBITDA	3.6	8.7	8.3	9.2	6.8	7.1
EBIT	1.4	7.9	24.5	-24.1	29.7	36.8
EBIT Margin	0.61%	3.19%	7.74%	-8.30%	12.36%	15.77%
Effective Tax Rate	-	-	180.36%	-	19.01%	11.20%
Advertising Expenses	-	0.7	1	1.1	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.