Paxman AB (publ) (STO:PAX)

Paxman AB Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	283.78	263.2	220.61	156.75	104.71	83.14
Revenue Growth (YoY)	14.42%	19.30%	40.74%	49.70%	25.95%	-13.10%
Cost of Revenue	97.39	87.78	74.19	55.31	40.19	32.45
Gross Profit	186.38	175.42	146.42	101.44	64.52	50.69
Selling, General & Admin	80.56	68.11	59.34	49.47	61.64	54.07
Other Operating Expenses	67.26	57.58	55.85	35.79	-	-2.34
Operating Expenses	164.11	141.91	133.8	102.68	75.11	62.38
Operating Income	22.28	33.51	12.62	-1.24	-10.59	-11.69
Interest Expense	-16.56	-1.15	-4.66	-7.35	-2.1	-8.42
Interest & Investment Income	4.2	9.14	0.01	0.03	0.01	0.01
Pretax Income	9.92	41.5	7.97	-8.56	-12.67	-20.1
Income Tax Expense	1.42	1.3	-0.36	1.76	0.11	-0.91
Net Income	8.64	40.2	8.33	-10.32	-12.78	-19.19
Net Income to Common	8.64	40.2	8.33	-10.32	-12.78	-19.19
Net Income Growth	-69.82%	382.55%	-	-	-	-
Shares Outstanding (Basic)	20	19	19	19	17	16
Shares Outstanding (Diluted)	20	19	19	19	18	16
Shares Change (YoY)	4.59%	-	-	8.79%	9.54%	-0.43%
EPS (Basic)	0.43	2.11	0.44	-0.54	-0.73	-1.20
EPS (Diluted)	0.43	2.11	0.44	-0.54	-0.73	-1.20
EPS Growth	-71.00%	381.59%	-	-	-	-
Free Cash Flow	6.1	19.86	3.91	-24.65	-22.35	-13.16
Free Cash Flow Per Share	0.31	1.04	0.20	-1.29	-1.27	-0.82
Gross Margin	65.68%	66.65%	66.37%	64.71%	61.62%	60.97%
Operating Margin	7.85%	12.73%	5.72%	-0.79%	-10.11%	-14.06%
Profit Margin	3.05%	15.27%	3.78%	-6.59%	-12.20%	-23.08%
Free Cash Flow Margin	2.15%	7.54%	1.77%	-15.73%	-21.34%	-15.83%
EBITDA	38.56	49.73	31.23	16.18	2.88	-1.05
EBITDA Margin	13.59%	18.89%	14.16%	10.32%	2.75%	-1.26%
D&A For EBITDA	16.29	16.22	18.61	17.42	13.47	10.65
EBIT	22.28	33.51	12.62	-1.24	-10.59	-11.69
EBIT Margin	7.85%	12.73%	5.72%	-0.79%	-10.11%	-14.06%
Effective Tax Rate	14.35%	3.14%	-	-	-	-
Revenue as Reported	283.78	263.2	220.61	156.75	104.71	85.48

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.