Paxman AB (publ) (STO:PAX)

Paxman AB Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	263.2	220.61	156.75	104.71	83.14
Revenue Growth (YoY)	19.30%	40.74%	49.70%	25.95%	-13.10%
Cost of Revenue	87.78	74.19	55.31	40.19	32.45
Gross Profit	175.42	146.42	101.44	64.52	50.69
Selling, General & Admin	68.11	59.34	49.47	61.64	54.07
Other Operating Expenses	57.58	55.85	35.79	-	-2.34
Operating Expenses	141.91	133.8	102.68	75.11	62.38
Operating Income	33.51	12.62	-1.24	-10.59	-11.69
Interest Expense	-1.15	-4.66	-7.35	-2.1	-8.42
Interest & Investment Income	9.14	0.01	0.03	0.01	0.01
Pretax Income	41.5	7.97	-8.56	-12.67	-20.1
Income Tax Expense	1.3	-0.36	1.76	0.11	-0.91
Net Income	40.2	8.33	-10.32	-12.78	-19.19
Net Income to Common	40.2	8.33	-10.32	-12.78	-19.19
Net Income Growth	382.55%	-	-	-	-
Shares Outstanding (Basic)	19	19	19	17	16
Shares Outstanding (Diluted)	19	19	19	18	16
Shares Change (YoY)	-	-	8.79%	9.54%	-0.43%
EPS (Basic)	2.11	0.44	-0.54	-0.73	-1.20
EPS (Diluted)	2.11	0.44	-0.54	-0.73	-1.20
EPS Growth	381.59%	-	-	-	-
Free Cash Flow	19.86	3.91	-24.65	-22.35	-13.16
Free Cash Flow Per Share	1.04	0.20	-1.29	-1.27	-0.82
Gross Margin	66.65%	66.37%	64.71%	61.62%	60.97%
Operating Margin	12.73%	5.72%	-0.79%	-10.11%	-14.06%
Profit Margin	15.27%	3.78%	-6.59%	-12.20%	-23.08%
Free Cash Flow Margin	7.54%	1.77%	-15.73%	-21.34%	-15.83%
EBITDA	49.73	31.23	16.18	2.88	-1.05
EBITDA Margin	18.89%	14.16%	10.32%	2.75%	-1.26%
D&A For EBITDA	16.22	18.61	17.42	13.47	10.65
EBIT	33.51	12.62	-1.24	-10.59	-11.69
EBIT Margin	12.73%	5.72%	-0.79%	-10.11%	-14.06%
Effective Tax Rate	3.14%	-	-	-	-
Revenue as Reported	263.2	220.61	156.75	104.71	85.48

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.