Midsummer AB Income Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	213.64	164.34	52.08	49.63	73.51	119.27
Revenue Growth (YoY)	333.54%	215.55%	4.94%	-32.48%	-38.37%	24.87%
Cost of Revenue	148.87	133.39	49.71	97.18	91.62	91.97
Gross Profit	64.77	30.96	2.38	-47.55	-18.11	27.31
Selling, General & Admin	87.97	93.98	87.25	135.32	138.07	112.09
Research & Development	21.68	22.05	21.6	21.16	-	-
Other Operating Expenses	-22.57	-22.23	19.61	-6.9	-88.45	-3.98
Operating Expenses	87.08	93.8	128.47	149.58	83.96	146.33
Operating Income	-22.31	-62.85	-126.09	-197.13	-102.07	-119.03
Interest Expense	-36.03	-26.8	-18.53	-79.71	-19.68	-21.17
Interest & Investment Income	0.43	0.43	0.35	55.23	23.79	0.63
Currency Exchange Gain (Loss)	14.77	14.77	5.57	-3.65	8.99	9.34
Other Non Operating Income (Expenses)	6.73	0	-	0	-	-
Pretax Income	-36.41	-74.44	-138.71	-225.27	-88.97	-130.23
Income Tax Expense	-	-	-9.26	-3.05	-1.13	-0.72
Net Income	-36.41	-74.44	-129.45	-222.21	-87.84	-129.51
Net Income to Common	-36.41	-74.44	-129.45	-222.21	-87.84	-129.51
Shares Outstanding (Basic)	368	322	204	103	68	59
Shares Outstanding (Diluted)	368	355	204	103	68	59
Shares Change (YoY)	52.56%	73.93%	97.39%	52.73%	14.03%	70.30%
EPS (Basic)	-0.10	-0.23	-0.63	-2.15	-1.30	-2.18
EPS (Diluted)	-0.10	-0.23	-0.63	-2.15	-1.30	-2.18
Free Cash Flow	35.64	-59.16	-50.1	-114.86	-131.95	-153.74
Free Cash Flow Per Share	0.10	-0.17	-0.24	-1.11	-1.95	-2.59
Gross Margin	30.32%	18.84%	4.56%	-95.81%	-24.63%	22.89%
Operating Margin	-10.45%	-38.24%	-242.11%	-397.20%	-138.85%	-99.79%
Profit Margin	-17.04%	-45.30%	-248.55%	-447.74%	-119.49%	-108.58%
Free Cash Flow Margin	16.68%	-36.00%	-96.20%	-231.44%	-179.50%	-128.89%
EBITDA	21.13	-18.66	-89.89	-161.55	-101.57	-97.89
EBITDA Margin	9.89%	-11.35%	-172.59%	-	-138.17%	-82.07%
D&A For EBITDA	43.44	44.19	36.21	35.58	0.5	21.14
EBIT	-22.31	-62.85	-126.09	-197.13	-102.07	-119.03
EBIT Margin	-10.45%	-38.24%	-242.11%	-	-138.85%	-99.79%

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