Karnov Group AB (publ) (STO:KAR)

Karnov Group AB Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,641	2,593	2,475	1,114	878.07
Revenue Growth (YoY)	1.86%	4.77%	122.24%	26.81%	13.83%
Cost of Revenue	1,488	1,505	1,496	558.4	418.66
Gross Profit	1,153	1,088	978.2	555.1	459.42
Other Operating Expenses	-383.3	556.2	454.2	242.5	134.51
Operating Expenses	29.8	941.7	817.3	476.3	343.11
Operating Income	1,123	146	160.9	78.8	116.31
Interest Expense	-137.2	-162.1	-146.2	-30.1	-17.61
Interest & Investment Income	47.4	14.6	8.3	0.5	12.45
Earnings From Equity Investments	-3.6	1.4	-5.4	-11.7	7.92
Currency Exchange Gain (Loss)	-	-32.3	18.6	-5.7	-16.29
Other Non Operating Income (Expenses)	-	-1.1	-2.6	-4.5	-2.49
EBT Excluding Unusual Items	1,030	-33.5	33.6	27.3	100.29
Asset Writedown	-	-	-4.7	-	-
Other Unusual Items	-	-	5.5	22.7	2.86
Pretax Income	1,030	-33.5	34.4	50	103.15
Income Tax Expense	58.8	-0.4	-2.5	-9.9	18.94
Earnings From Continuing Operations	970.8	-33.1	36.9	59.9	84.22
Net Income to Company	970.8	-33.1	36.9	59.9	84.22
Minority Interest in Earnings	-	-	1.3	-	0.7
Net Income	970.8	-33.1	38.2	59.9	84.91
Net Income to Common	970.8	-33.1	38.2	59.9	84.91
Net Income Growth	-	-	-36.23%	-29.46%	-15.01%
Shares Outstanding (Basic)	108	108	108	108	98
Shares Outstanding (Diluted)	108	108	108	108	98
Shares Change (YoY)	-	-	-	9.98%	0.20%
EPS (Basic)	9.00	-0.31	0.35	0.56	0.87
EPS (Diluted)	8.98	-0.31	0.35	0.56	0.86
EPS Growth	-	-	-36.38%	-35.42%	-15.69%
Free Cash Flow	332.9	311.1	329.8	272	312.75
Free Cash Flow Per Share	3.08	2.88	3.05	2.52	3.18
Gross Margin	43.65%	41.95%	39.53%	49.85%	52.32%
Operating Margin	42.52%	5.63%	6.50%	7.08%	13.25%
Profit Margin	36.76%	-1.28%	1.54%	5.38%	9.67%
Free Cash Flow Margin	12.61%	12.00%	13.33%	24.43%	35.62%
EBITDA	1,536	320.4	335.2	251.9	296.86
EBITDA Margin	58.17%	12.36%	13.55%	22.62%	33.81%
D&A For EBITDA	413.1	174.4	174.3	173.1	180.56
EBIT	1,123	146	160.9	78.8	116.31
EBIT Margin	42.52%	5.63%	6.50%	7.08%	13.25%
Effective Tax Rate	5.71%	-	-	-	18.36%
Revenue as Reported	2,641	2,593	2,475	1,114	878.07

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