Sarine Technologies Income Statement

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

Millions USD. 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	32.67	39.2	42.94	58.76	62.12	40.97
Revenue Growth (YoY)	-20.49%	-8.72%	-26.92%	-5.40%	51.62%	-20.18%
Cost of Revenue	14.83	16.21	15.57	18.14	16.29	13.9
Gross Profit	17.84	23	27.37	40.62	45.83	27.07
Selling, General & Admin	13.79	16.01	20.62	20.95	18.79	15.51
Research & Development	5.69	6.72	8.6	8.68	8.1	6.8
Operating Expenses	19.48	22.73	29.22	29.63	26.89	22.31
Operating Income	-1.65	0.27	-1.84	11	18.94	4.76
Interest Expense	-0.31	-0.31	-0.24	-0.14	-0.22	-0.4
Interest & Investment Income	0.72	0.83	0.8	0.38	0.08	0.22
Currency Exchange Gain (Loss)	-0.06	-0.06	0.12	0.22	0.01	-0.08
Other Non Operating Income (Expenses)	1.02	1.02	-0.1	-0.12	-0.14	-0.49
EBT Excluding Unusual Items	-0.27	1.75	-1.27	11.34	18.67	4.01
Merger & Restructuring Charges	-0.3	-0.3	-	-	-	-
Other Unusual Items	0.6	-	-	-	0.27	-
Pretax Income	0.03	1.45	-1.27	11.34	18.94	4.01
Income Tax Expense	0.15	0.38	1.53	2.54	2.48	1.64
Net Income	-0.11	1.07	-2.8	8.8	16.46	2.37
Net Income to Common	-0.11	1.07	-2.8	8.8	16.46	2.37
Net Income Growth	-	-	-	-46.54%	595.81%	-
Shares Outstanding (Basic)	342	343	349	351	350	350
Shares Outstanding (Diluted)	342	343	349	351	351	350
Shares Change (YoY)	-1.21%	-1.58%	-0.56%	-0.02%	0.23%	-0.15%
EPS (Basic)	-0.00	0.00	-0.01	0.03	0.05	0.01
EPS (Diluted)	-0.00	0.00	-0.01	0.03	0.05	0.01
EPS Growth	-	-	-	-46.48%	594.20%	-
Free Cash Flow	5.76	8.91	-2.44	11.91	20.23	-2.56
Free Cash Flow Per Share	0.02	0.03	-0.01	0.03	0.06	-0.01
Dividend Per Share	-	0.007	0.003	0.025	0.020	0.005
Dividend Growth	-	200.00%	-90.00%	25.00%	300.00%	-37.50%
Gross Margin	54.61%	58.66%	63.74%	69.13%	73.78%	66.08%
Operating Margin	-5.04%	0.69%	-4.29%	18.72%	30.48%	11.63%
Profit Margin	-0.35%	2.74%	-6.53%	14.97%	26.49%	5.77%
Free Cash Flow Margin	17.64%	22.73%	-5.68%	20.27%	32.57%	-6.25%
EBITDA	-0	2.21	0.01	12.39	20.72	7.11
EBITDA Margin	-0.00%	5.64%	0.03%	21.09%	33.35%	17.36%
D&A For EBITDA	1.64	1.94	1.86	1.39	1.78	2.35
EBIT	-1.65	0.27	-1.84	11	18.94	4.76
EBIT Margin	-5.04%	0.69%	-4.29%	18.72%	30.48%	11.63%
Effective Tax Rate	435.29%	25.88%	-	22.38%	13.10%	40.99%

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