Garo Aktiebolag 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	1,044	1,152	1,370	1,391	1,296
Revenue	1,044	1,152	1,370	1,391	1,296
Revenue Growth (YoY)	-9.42%	-15.91%	-1.48%	7.31%	23.83%
Cost of Revenue	564.6	670.5	758	722	645.6
Gross Profit	478.9	481.5	611.9	668.5	650.2
Selling, General & Admin	435.2	476.5	519.4	481.1	410.1
Other Operating Expenses	-2	4.9	10.9	-1.4	-2.9
Operating Expenses	487	481.4	530.3	479.7	407.2
Operating Income	-8.1	0.1	81.6	188.8	243
Interest Expense	-12.3	-18.4	-13.1	-2.6	-3.9
Interest & Investment Income	-	2.9	10.6	2.7	2.1
Currency Exchange Gain (Loss)	-	4.2	0.3	-0.1	-0.2
Other Non Operating Income (Expenses)	-1.5	-	-1.1	0.6	3.2
EBT Excluding Unusual Items	-21.9	-11.2	78.3	189.4	244.2
Gain (Loss) on Sale of Assets	-	-55.7	-30.5	-36	-35.8
Pretax Income	-21.9	-66.9	47.8	153.4	208.4
Income Tax Expense	-4.4	-6.8	16.5	32.9	41.7
Net Income	-17.5	-60.1	31.3	120.5	166.7
Net Income to Common	-17.5	-60.1	31.3	120.5	166.7
Net Income Growth	-	-	-74.02%	-27.71%	74.74%
Shares Outstanding (Basic)	50	50	50	50	50
Shares Outstanding (Diluted)	50	50	50	50	50
EPS (Basic)	-0.35	-1.20	0.63	2.41	3.33
EPS (Diluted)	-0.35	-1.20	0.63	2.41	3.33
EPS Growth	-	-	-74.02%	-27.71%	74.74%
Free Cash Flow	50.7	-46.9	-47.8	-0.1	102.9
Free Cash Flow Per Share	1.01	-0.94	-0.96	-0.00	2.06
Dividend Per Share	-	-	-	0.800	1.400
Dividend Growth	-	-	-	-42.86%	47.37%
Gross Margin	45.89%	41.80%	44.67%	48.08%	50.18%
Operating Margin	-0.78%	0.01%	5.96%	13.58%	18.75%
Profit Margin	-1.68%	-5.22%	2.28%	8.67%	12.86%
Free Cash Flow Margin	4.86%	-4.07%	-3.49%	-0.01%	7.94%
EBITDA	45.7	16.9	97.7	202.5	256.5
EBITDA Margin	4.38%	1.47%	7.13%	14.56%	19.79%
D&A For EBITDA	53.8	16.8	16.1	13.7	13.5
EBIT	-8.1	0.1	81.6	188.8	243
EBIT Margin	-0.78%	0.01%	5.96%	13.58%	18.75%
Effective Tax Rate	-	-	34.52%	21.45%	20.01%
Revenue as Reported	1,046	1,153	1,392	1,392	1,299

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