Pierce Group AB (publ) (STO:PIERCE)

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