Upsales Technology AB Income Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	158.61	151.9	152.14	135.85	100.71	79.28
Revenue Growth (YoY)	4.97%	-0.16%	11.99%	34.90%	27.02%	10.23%
Cost of Revenue	68.87	63.38	57.37	51.79	49.15	31.72
Gross Profit	89.74	88.52	94.77	84.06	51.56	47.56
Selling, General & Admin	55.59	56.1	52.52	50.46	31.74	29.2
Other Operating Expenses	0.5	0.63	-0.37	-2.02	0.03	0.11
Operating Expenses	65.37	65.26	60.41	55.57	38.99	38.37
Operating Income	24.37	23.27	34.36	28.5	12.57	9.19
Interest Expense	-	-0.02	-0.04	-0.01	-0.01	-0
Interest & Investment Income	0.6	0.55	0.63	0.1	0.03	0.01
Earnings From Equity Investments	-	-	-	-	0.01	-
Other Non Operating Income (Expenses)	-0	-	-0	-	-	-
EBT Excluding Unusual Items	24.97	23.8	34.95	28.58	12.61	9.2
Asset Writedown	-0.35	-0.35	-	-0.02	-	-
Pretax Income	24.62	23.45	34.95	28.56	12.61	9.2
Income Tax Expense	5.29	4.97	7.4	6.06	2.89	2.56
Net Income	19.33	18.48	27.55	22.5	9.72	6.64
Net Income to Common	19.33	18.48	27.55	22.5	9.72	6.64
Net Income Growth	-10.56%	-32.92%	22.47%	131.49%	46.36%	156.42%
Shares Outstanding (Basic)	17	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17	17
Shares Change (YoY)	-	-	-0.45%	-0.79%	2.54%	3.49%
EPS (Basic)	1.15	1.10	1.64	1.34	0.58	0.40
EPS (Diluted)	1.15	1.10	1.64	1.33	0.57	0.40
EPS Growth	-10.56%	-32.92%	23.02%	133.33%	42.74%	148.02%
Free Cash Flow	31.66	29.91	29.42	30.01	37.13	23.26
Free Cash Flow Per Share	1.88	1.78	1.75	1.77	2.18	1.40
Dividend Per Share	1.500	1.500	1.500	1.250	1.000	-
Dividend Growth	-	-	20.00%	25.00%	-	-
Gross Margin	56.58%	58.28%	62.29%	61.88%	51.20%	59.99%
Operating Margin	15.37%	15.32%	22.59%	20.98%	12.48%	11.59%
Profit Margin	12.19%	12.17%	18.11%	16.56%	9.65%	8.38%
Free Cash Flow Margin	19.96%	19.69%	19.34%	22.09%	36.87%	29.34%
EBITDA	27.04	25.19	36.76	30.02	14.32	12.72
EBITDA Margin	17.05%	16.58%	24.16%	22.10%	14.22%	16.04%
D&A For EBITDA	2.67	1.92	2.4	1.53	1.75	3.53
EBIT	24.37	23.27	34.36	28.5	12.57	9.19
EBIT Margin	15.37%	15.32%	22.59%	20.98%	12.48%	11.59%
Effective Tax Rate	21.49%	21.18%	21.17%	21.23%	22.90%	27.79%
Revenue as Reported	158.85	152.06	152.65	139.52	100.71	79.39

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