Pierce Group AB (publ) (STO:PIERCE)

Pierce Group 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	1,741	1,628	1,537	1,670	1,594	1,523
Revenue Growth (YoY)	11.39%	5.92%	-7.96%	4.77%	4.66%	22.53%
Cost of Revenue	980	903	930	1,013	866	812
Gross Profit	761	725	607	657	728	711
Selling, General & Admin	758	711	717	728	681	627
Other Operating Expenses	-3	-5	1	-2	-3	-
Operating Expenses	755	706	718	726	678	627
Operating Income	6	19	-111	-69	50	84
Interest Expense	-26	-4	-6	-9	-22	-55
Interest & Investment Income	7	10	5	1	-	-
Currency Exchange Gain (Loss)	9	19	14	28	5	-17
Other Non Operating Income (Expenses)	-4	-2	-	-3	-4	-1
EBT Excluding Unusual Items	-8	42	-98	-52	29	11
Other Unusual Items	-	-	-	-	-3	-4
Pretax Income	-8	42	-98	-52	26	7
Income Tax Expense	6	6	-2	6	-	8
Net Income	-14	36	-96	-58	26	-1
Net Income to Common	-14	36	-96	-58	26	-1
Shares Outstanding (Basic)	79	79	79	59	38	34
Shares Outstanding (Diluted)	79	79	79	59	38	34
Shares Change (YoY)	-	0.07%	34.19%	54.13%	14.01%	0.11%
EPS (Basic)	-0.18	0.45	-1.21	-0.98	0.68	-0.03
EPS (Diluted)	-0.18	0.45	-1.21	-0.98	0.68	-0.03
Free Cash Flow	-135	100	124	7	-71	149
Free Cash Flow Per Share	-1.70	1.26	1.56	0.12	-1.85	4.43
Gross Margin	43.71%	44.53%	39.49%	39.34%	45.67%	46.68%
Operating Margin	0.34%	1.17%	-7.22%	-4.13%	3.14%	5.51%
Profit Margin	-0.80%	2.21%	-6.25%	-3.47%	1.63%	-0.07%
Free Cash Flow Margin	-7.75%	6.14%	8.07%	0.42%	-4.45%	9.78%
EBITDA	-17.5	26	-103	-59	60	99
EBITDA Margin	-1.00%	1.60%	-6.70%	-3.53%	3.76%	6.50%
D&A For EBITDA	-23.5	7	8	10	10	15
EBIT	6	19	-111	-69	50	84
EBIT Margin	0.34%	1.17%	-7.22%	-4.13%	3.14%	5.51%
Effective Tax Rate	-	14.29%	-	-	-	114.29%

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