Subgen AI AB (STO:SUBGEN)

Subgen AI AB Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	20.42	17.82	8.61
Revenue Growth (YoY)	-	107.03%	-
Cost of Revenue	9.67	10.11	6.84
Gross Profit	10.75	7.71	1.77
Selling, General & Admin	9.67	9.67	10.73
Other Operating Expenses	-5.85	-7.55	-5.14
Operating Expenses	5.85	4.24	6.78
Operating Income	4.9	3.48	-5.01
Interest Expense	-0.81	-0.84	-0.81
Interest & Investment Income	0.12	0.25	0.01
Currency Exchange Gain (Loss)	-1.13	-0.13	-0
Other Non Operating Income (Expenses)	0.8	0.87	-0.02
EBT Excluding Unusual Items	3.88	3.63	-5.83
Gain (Loss) on Sale of Assets	-0.1	-0.06	0.01
Asset Writedown	0	-0.21	-2.62
Other Unusual Items	0.12	0.28	0.09
Pretax Income	3.87	3.64	-8.35
Income Tax Expense	1.5	1.35	0.23
Net Income	2.45	2.3	-8.58
Net Income to Common	2.45	2.3	-8.58
Shares Outstanding (Basic)	-	115	32
Shares Outstanding (Diluted)	-	115	32
Shares Change (YoY)	-	263.93%	-
EPS (Basic)	-	0.02	-0.27
EPS (Diluted)	-	0.02	-0.27
Free Cash Flow	5.38	3.18	-3.75
Free Cash Flow Per Share	-	0.03	-0.12
Gross Margin	52.64%	43.28%	20.60%
Operating Margin	23.98%	19.51%	-58.17%
Profit Margin	12.00%	12.88%	-99.67%
Free Cash Flow Margin	26.37%	17.83%	-43.51%
EBITDA	5.43	4.1	-4.99
EBITDA Margin	26.59%	23.00%	-57.93%
D&A For EBITDA	0.53	0.62	0.02
EBIT	4.9	3.48	-5.01
EBIT Margin	23.98%	19.51%	-58.17%
Effective Tax Rate	38.62%	36.99%	-
Revenue as Reported	20.42	17.82	8.61
Advertising Expenses	-	0.3	0.12

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