Hedera Group AB (publ) (STO:HEGR)

Hedera Group AB Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	506.61	543.31	678.28	453.91	246.97	218
Revenue Growth (YoY)	-15.84%	-19.90%	49.43%	83.80%	13.29%	4.06%
Cost of Revenue	492.96	524.96	643.52	425.75	230.25	208.32
Gross Profit	13.65	18.35	34.76	28.16	16.71	9.68
Other Operating Expenses	13.47	12.17	13.61	8.87	9.7	7.24
Operating Expenses	19.82	17.52	18.76	12.7	12.1	9.64
Operating Income	-6.16	0.84	16	15.46	4.61	0.04
Interest Expense	-4.16	-4.06	-3.55	-2.59	-1.64	-2.36
Interest & Investment Income	0.1	0.1	0.09	0.04	0.02	0.02
Other Non Operating Income (Expenses)	0.18	0.28	-0.02	0	-	-0.02
Pretax Income	-10.04	-2.84	12.52	12.91	2.99	-2.33
Income Tax Expense	-0.33	-0.33	3.06	-0.67	0.39	-0.36
Net Income	-9.72	-2.52	9.46	13.58	2.6	-1.96
Net Income to Common	-9.72	-2.52	9.46	13.58	2.6	-1.96
Net Income Growth	-	-	-30.31%	422.72%	-	-
Shares Outstanding (Basic)	19	15	15	13	8	8
Shares Outstanding (Diluted)	19	15	15	13	8	8
Shares Change (YoY)	30.20%	-	13.55%	55.88%	8.29%	22.18%
EPS (Basic)	-0.50	-0.17	0.63	1.03	0.32	-0.25
EPS (Diluted)	-0.50	-0.17	0.63	1.03	0.31	-0.25
EPS Growth	-	-	-38.83%	232.26%	-	-
Free Cash Flow	-7.5	0.8	12.17	9.64	1.4	8.5
Free Cash Flow Per Share	-0.39	0.05	0.82	0.73	0.17	1.09
Dividend Per Share	-	-	0.200	-	-	-
Gross Margin	2.70%	3.38%	5.12%	6.20%	6.77%	4.44%
Operating Margin	-1.22%	0.15%	2.36%	3.41%	1.87%	0.02%
Profit Margin	-1.92%	-0.46%	1.40%	2.99%	1.05%	-0.90%
Free Cash Flow Margin	-1.48%	0.15%	1.79%	2.12%	0.57%	3.90%
EBITDA	-4.29	1.71	16.88	16.7	4.77	1.34
EBITDA Margin	-0.85%	0.31%	2.49%	3.68%	1.93%	0.61%
D&A For EBITDA	1.87	0.87	0.88	1.24	0.16	1.3
EBIT	-6.16	0.84	16	15.46	4.61	0.04
EBIT Margin	-1.22%	0.15%	2.36%	3.41%	1.87%	0.02%
Effective Tax Rate	-	-	24.43%	-	13.11%	-
Revenue as Reported	507.57	544.37	679.08	458.06	249.42	218.2

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