The Trendlines 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
Operating Revenue	0.35	1.72	4.5	3.58	2.3
Other Revenue	8.95	-2.23	-25.48	-1.2	10.12
Revenue	9.3	-0.51	-20.99	2.37	12.42
Revenue Growth (YoY)	-	-	-	-80.89%	-
Cost of Revenue	7.21	9.19	11.47	13.34	11.13
Gross Profit	2.09	-9.7	-32.46	-10.97	1.3
Selling, General & Admin	0.19	0.17	0.24	0.27	0.33
Research & Development	-	-0.06	0.04	-0.12	1.51
Operating Expenses	0.19	0.11	0.28	0.15	1.84
Operating Income	1.9	-9.81	-32.74	-11.12	-0.54
Interest Expense	-	-	-	-	-0.21
Currency Exchange Gain (Loss)	-0.22	-0.09	-0.79	-0.3	-0.16
Other Non Operating Income (Expenses)	-0.55	-0.3	-0.28	-0.04	-0.15
EBT Excluding Unusual Items	1.13	-10.2	-33.82	-11.46	-1.06
Gain (Loss) on Sale of Assets	0.35	-	-	-	-
Other Unusual Items	-	-	-0.91	-5.86	3.7
Pretax Income	1.49	-10.2	-34.72	-17.32	2.65
Income Tax Expense	-	-	-	-2.16	-3.36
Earnings From Continuing Operations	1.49	-10.2	-34.72	-15.16	6
Minority Interest in Earnings	0.43	0.77	0.73	0.68	0.56
Net Income	1.92	-9.43	-34	-14.48	6.56
Net Income to Common	1.92	-9.43	-34	-14.48	6.56
Shares Outstanding (Basic)	1,168	1,008	922	840	791
Shares Outstanding (Diluted)	1,168	1,008	922	840	791
Shares Change (YoY)	15.89%	9.25%	9.75%	6.23%	-
EPS (Basic)	0.00	-0.01	-0.04	-0.02	0.01
EPS (Diluted)	0.00	-0.01	-0.04	-0.02	0.01
Free Cash Flow	-9.03	-8.86	-6.42	-15.04	0.08
Free Cash Flow Per Share	-0.01	-0.01	-0.01	-0.02	-
Gross Margin	22.46%	-	-	-	10.43%
Operating Margin	20.44%	-	-	-468.45%	-4.36%
Profit Margin	20.62%	-	-	-609.94%	52.84%
Free Cash Flow Margin	-97.09%	-	-	-633.45%	0.61%
EBITDA	2.05	-9.68	-32.52	-10.79	-0.21
EBITDA Margin	22.03%	-	-	-	-1.70%
D&A For EBITDA	0.15	0.13	0.23	0.33	0.33
EBIT	1.9	-9.81	-32.74	-11.12	-0.54
EBIT Margin	20.44%	-	-	-	-4.36%
Revenue as Reported	9.87	-0.5	-20.93	2.37	16.12

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