Athanase Innovation AB Income Statement

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

Millions SEK. 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	36.86	115.27	19.27	6.38	7.06
Other Revenue	10.69	53.48	21.33	-51.8	15
Revenue	47.55	168.75	40.6	-45.42	22.06
Revenue Growth (YoY)	-71.83%	315.63%	-	-	-
Cost of Revenue	17.89	88.24	22.82	4.32	4.08
Gross Profit	29.65	80.51	17.78	-49.74	17.98
Selling, General & Admin	86.26	91.92	87.13	70.64	22.54
Other Operating Expenses	-6.65	-7.65	-6.15	-5.46	-0.41
Operating Expenses	93.73	97.92	95.52	80.67	33.58
Operating Income	-64.08	-17.41	-77.73	-130.41	-15.6
Interest Expense	-0.86	-0.61	-0.09	-0.14	-0.15
Interest & Investment Income	6.54	13.03	16.35	3.63	2.89
Earnings From Equity Investments	-0.05	-6.29	-1.47	-	-
Currency Exchange Gain (Loss)	-0.03	0.15	-4.28	2.06	-
Other Non Operating Income (Expenses)	0.19	-	-	-	-
EBT Excluding Unusual Items	-58.28	-11.14	-67.22	-124.86	-12.85
Merger & Restructuring Charges	-	-	-	-	-17.5
Gain (Loss) on Sale of Investments	-	-8.5	-	1.25	-
Pretax Income	-58.28	-19.64	-67.22	-123.62	-30.35
Income Tax Expense	0.33	-0	-10.96	-9.09	-3.8
Earnings From Continuing Operations	-58.62	-19.64	-56.26	-114.53	-26.55
Minority Interest in Earnings	0.99	-	-	-	-
Net Income	-57.62	-19.64	-56.26	-114.53	-26.55
Net Income to Common	-57.62	-19.64	-56.26	-114.53	-26.55
Shares Outstanding (Basic)	19	24	30	31	31
Shares Outstanding (Diluted)	19	24	30	31	31
Shares Change (YoY)	-18.77%	-20.21%	-4.08%	-	27.90%
EPS (Basic)	-2.99	-0.83	-1.89	-3.69	-0.86
EPS (Diluted)	-2.99	-0.83	-1.89	-3.69	-0.86
Free Cash Flow	-67.46	-16.45	-83.58	-44.64	-14.95
Free Cash Flow Per Share	-3.50	-0.69	-2.81	-1.44	-0.48
Gross Margin	62.37%	47.71%	43.80%	-	81.49%
Operating Margin	-134.78%	-10.32%	-191.46%	-	-70.68%
Profit Margin	-121.19%	-11.64%	-138.58%	-	-120.34%
Free Cash Flow Margin	-141.89%	-9.74%	-205.86%	-	-67.78%
EBITDA	-50.66	-3.97	-63.42	-114.98	-4.14
EBITDA Margin	-106.55%	-2.35%	-156.19%	-	-18.79%
D&A For EBITDA	13.42	13.44	14.32	15.44	11.45
EBIT	-64.08	-17.41	-77.73	-130.41	-15.6
EBIT Margin	-134.78%	-10.32%	-191.46%	-	-70.68%
Revenue as Reported	54.86	176.83	47.08	-39.84	22.56

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