Advenica AB Income Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	202.27	162.17	148.86	118.41	101.26	84.36
Revenue Growth (YoY)	27.82%	8.94%	25.72%	16.93%	20.03%	11.71%
Cost of Revenue	91.92	71.77	62.51	48.63	29.35	21.82
Gross Profit	110.34	90.4	86.35	69.78	71.91	62.55
Selling, General & Admin	57.68	57.2	55.43	46.92	42.84	35.12
Research & Development	29.82	28.95	36.45	25.63	47.69	52.17
Other Operating Expenses	-1.91	-1.78	-0.1	-0.89	-1.84	-6.18
Operating Expenses	85.59	84.37	91.77	71.66	88.69	81.11
Operating Income	24.75	6.03	-5.42	-1.88	-16.78	-18.56
Interest Expense	-1.85	-1.24	-0.86	-1.33	-1.13	-1.54
Interest & Investment Income	1.19	2.15	1.73	0.07	-	0.12
Currency Exchange Gain (Loss)	0.75	0.75	0.01	1.33	-0.01	-
Other Non Operating Income (Expenses)	-	0	-	-	-0.34	-
EBT Excluding Unusual Items	24.84	7.69	-4.53	-1.81	-18.26	-19.99
Gain (Loss) on Sale of Assets	0.26	0.26	0.52	-	-	-
Other Unusual Items	-	-	-	0.25	1.24	-
Pretax Income	25.1	7.95	-4.01	-1.56	-17.02	-19.99
Income Tax Expense	1.67	-0.1	0.1	0.43	-	0.01
Net Income	23.43	8.05	-4.12	-1.99	-17.02	-19.99
Net Income to Common	23.43	8.05	-4.12	-1.99	-17.02	-19.99
Shares Outstanding (Basic)	44	44	44	40	37	28
Shares Outstanding (Diluted)	44	44	44	40	37	28
Shares Change (YoY)	-	-	9.09%	10.00%	32.67%	25.00%
EPS (Basic)	0.53	0.18	-0.09	-0.05	-0.46	-0.72
EPS (Diluted)	0.53	0.18	-0.09	-0.05	-0.46	-0.72
Free Cash Flow	27.4	50.94	-2.57	23.96	-32.79	-0.41
Free Cash Flow Per Share	0.62	1.16	-0.06	0.59	-0.89	-0.01
Dividend Per Share	0.090	0.090	-	-	-	-
Gross Margin	54.55%	55.74%	58.01%	58.93%	71.01%	74.14%
Operating Margin	12.24%	3.72%	-3.64%	-1.59%	-16.57%	-22.00%
Profit Margin	11.58%	4.96%	-2.76%	-1.68%	-16.80%	-23.70%
Free Cash Flow Margin	13.55%	31.41%	-1.73%	20.23%	-32.38%	-0.49%
EBITDA	26.79	7.16	-4.55	-1.21	-16.53	-15.38
EBITDA Margin	13.25%	4.42%	-3.05%	-1.02%	-16.32%	-18.23%
D&A For EBITDA	2.04	1.14	0.87	0.67	0.25	3.19
EBIT	24.75	6.03	-5.42	-1.88	-16.78	-18.56
EBIT Margin	12.24%	3.72%	-3.64%	-1.59%	-16.57%	-22.00%

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