Maha Capital AB Income Statement

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

Millions USD. 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
Revenue	-	6.6	3.96	9.35	4.39
Revenue Growth (YoY)	-	66.78%	-57.67%	112.96%	-86.77%
Cost of Revenue	-	2.18	1.76	2.83	1.51
Gross Profit	-	4.42	2.2	6.52	2.88
Selling, General & Admin	10.35	5.38	0.66	4.92	4.66
Other Operating Expenses	3.67	-1.14	1.39	0.03	-
Operating Expenses	14.09	9.51	3.61	8.52	6.42
Operating Income	-14.09	-5.09	-1.41	-2	-3.54
Interest Expense	-1.46	-4.18	-7	-9.37	-9.82
Interest & Investment Income	3.59	1.91	8.16	0.06	-
Currency Exchange Gain (Loss)	-	-1.22	0.32	0	0.02
Other Non Operating Income (Expenses)	-6.29	1.09	-	-0	-
EBT Excluding Unusual Items	-18.25	-7.49	0.07	-11.3	-13.34
Merger & Restructuring Charges	-0.51	-1.79	-3.64	-	-
Gain (Loss) on Sale of Investments	-	-38.71	-	-	-
Asset Writedown	-	-0.55	-2.46	-	-
Other Unusual Items	-0.29	-1.03	-0.72	-	-
Pretax Income	-19.05	-49.56	-6.76	-11.3	-13.34
Earnings From Continuing Operations	-19.05	-49.56	-6.76	-11.3	-13.34
Earnings From Discontinued Operations	-5.7	17	-27.2	34.23	34.93
Net Income	-24.75	-32.57	-33.95	22.93	21.59
Net Income to Common	-24.75	-32.57	-33.95	22.93	21.59
Net Income Growth	-	-	-	6.24%	-
Shares Outstanding (Basic)	171	172	165	121	113
Shares Outstanding (Diluted)	171	172	165	121	113
Shares Change (YoY)	-0.15%	4.15%	36.21%	6.99%	6.20%
EPS (Basic)	-0.14	-0.19	-0.21	0.19	0.19
EPS (Diluted)	-0.14	-0.19	-0.21	0.19	0.19
EPS Growth	-	-	-	0.61%	-
Free Cash Flow	-4.3	-12.89	-28.91	-8.03	-15.97
Free Cash Flow Per Share	-0.03	-0.07	-0.17	-0.07	-0.14
Gross Margin	-	66.91%	55.51%	69.76%	65.63%
Operating Margin	-	-77.17%	-35.62%	-21.36%	-80.55%
Profit Margin	-	-493.33%	-857.83%	245.25%	491.62%
Free Cash Flow Margin	-	-195.33%	-730.32%	-85.83%	-363.79%
EBITDA	-2.11	-1.94	0.5	10.11	3.85
EBITDA Margin	-	-29.43%	12.53%	108.11%	87.75%
D&A For EBITDA	11.98	3.15	1.91	12.11	7.39
EBIT	-14.09	-5.09	-1.41	-2	-3.54
EBIT Margin	-	-77.17%	-35.62%	-21.36%	-80.55%
Revenue as Reported	-	6.6	3.96	9.35	4.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.