STO:BAWAT 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	21.34	14.58	22.68	12.6	10.72
Revenue	21.34	14.58	22.68	12.6	10.72
Revenue Growth (YoY)	46.29%	-35.68%	79.99%	17.50%	-3.91%
Cost of Revenue	15.78	20.06	21.92	23.08	14.09
Gross Profit	5.55	-5.47	0.76	-10.48	-3.37
Selling, General & Admin	17.17	18.12	18.89	17.7	16.33
Operating Expenses	22.14	27.27	28.95	26.84	25.08
Operating Income	-16.59	-32.74	-28.19	-37.32	-28.45
Interest Expense	-7.41	-7.12	-4.85	-3.91	-4.05
Interest & Investment Income	-	0.07	0.11	0	-
Currency Exchange Gain (Loss)	-	-0.6	-0.53	1.49	-0.04
Other Non Operating Income (Expenses)	2.04	-0.92	-0.14	0.83	2.15
Pretax Income	-21.96	-41.31	-33.61	-38.91	-30.39
Income Tax Expense	0.15	-	-	-	-0.34
Net Income	-22.11	-41.31	-33.61	-38.91	-30.05
Net Income to Common	-22.11	-41.31	-33.61	-38.91	-30.05
Shares Outstanding (Basic)	88	61	47	33	29
Shares Outstanding (Diluted)	88	61	47	33	29
Shares Change (YoY)	45.26%	28.81%	43.08%	13.35%	6.89%
EPS (Basic)	-0.25	-0.68	-0.71	-1.18	-1.03
EPS (Diluted)	-0.25	-0.68	-0.71	-1.18	-1.03
Free Cash Flow	-24.83	-28.2	-32.75	-29.33	-14
Free Cash Flow Per Share	-0.28	-0.46	-0.69	-0.89	-0.48
Gross Margin	26.02%	-37.51%	3.33%	-83.19%	-31.38%
Operating Margin	-77.76%	-224.49%	-124.33%	-296.22%	-265.33%
Profit Margin	-103.63%	-283.28%	-148.20%	-308.83%	-280.29%
Free Cash Flow Margin	-116.38%	-193.35%	-144.45%	-232.79%	-130.60%
EBITDA	-11.08	-31.77	-27.46	-36.96	-28.09
EBITDA Margin	-51.94%	-217.84%	-121.12%	-293.37%	-261.99%
D&A For EBITDA	5.51	0.97	0.73	0.36	0.36
EBIT	-16.59	-32.74	-28.19	-37.32	-28.45
EBIT Margin	-77.76%	-224.49%	-124.33%	-296.22%	-265.33%
Revenue as Reported	21.34	14.58	22.68	12.6	10.73

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