NOTE 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	3,773	3,814	3,901	4,243	3,687	2,643
Revenue Growth (YoY)	-1.97%	-2.23%	-8.07%	15.08%	39.49%	41.07%
Cost of Revenue	3,248	3,285	3,382	3,730	3,214	2,290
Gross Profit	525	529	519.47	513.79	473.17	353.65
Selling, General & Admin	161	147	155	138.29	115.09	97.73
Other Operating Expenses	-9	-	2.4	-6.92	-2.36	-7.27
Operating Expenses	152	147	157.39	131.37	112.73	90.46
Operating Income	373	382	362.08	382.42	360.44	263.19
Interest Expense	-36	-28	-39.15	-37.47	-15.68	-6.39
Interest & Investment Income	-	-	8.1	2.79	0.84	0.3
Currency Exchange Gain (Loss)	-2	-2	-6.85	12.6	-27.8	-15
Other Non Operating Income (Expenses)	-	-	-6.74	-6.49	-6.02	-3.96
EBT Excluding Unusual Items	335	352	317.44	353.85	311.77	238.14
Merger & Restructuring Charges	-	-	-7	-3	-1	-2
Other Unusual Items	-	-	-	39	-	0.6
Pretax Income	335	352	310.44	389.85	310.77	236.74
Income Tax Expense	67	71	62.42	69.89	56.53	42.68
Net Income	268	281	248.03	319.96	254.24	194.06
Net Income to Common	268	281	248.03	319.96	254.24	194.06
Net Income Growth	7.62%	13.29%	-22.48%	25.85%	31.01%	67.79%
Shares Outstanding (Basic)	29	28	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29	29
Shares Change (YoY)	-0.45%	-0.94%	-0.56%	0.04%	0.38%	1.11%
EPS (Basic)	9.40	9.86	8.61	11.04	8.79	6.79
EPS (Diluted)	9.40	9.86	8.61	11.04	8.78	6.72
EPS Growth	8.31%	14.58%	-22.04%	25.73%	30.65%	65.93%
Free Cash Flow	378	507	512.32	250.11	3.38	-60.62
Free Cash Flow Per Share	13.23	17.76	17.78	8.63	0.12	-2.10
Dividend Per Share	-	-	7.000	-	-	-
Gross Margin	13.91%	13.87%	13.32%	12.11%	12.83%	13.38%
Operating Margin	9.89%	10.02%	9.28%	9.01%	9.78%	9.96%
Profit Margin	7.10%	7.37%	6.36%	7.54%	6.89%	7.34%
Free Cash Flow Margin	10.02%	13.29%	13.13%	5.89%	0.09%	-2.29%
EBITDA	502	505	448.02	456.58	414.3	305.22
EBITDA Margin	13.30%	13.24%	11.48%	10.76%	11.24%	11.55%
D&A For EBITDA	129	123	85.94	74.17	53.86	42.03
EBIT	373	382	362.08	382.42	360.44	263.19
EBIT Margin	9.89%	10.02%	9.28%	9.01%	9.78%	9.96%
Effective Tax Rate	20.00%	20.17%	20.11%	17.93%	18.19%	18.03%

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.