Sarine Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	29.59	39.2	42.94	58.76	62.12
Revenue Growth (YoY)	-24.53%	-8.72%	-26.92%	-5.40%	51.62%
Cost of Revenue	13.21	16.21	15.57	18.14	16.29
Gross Profit	16.38	23	27.37	40.62	45.83
Selling, General & Admin	12.87	16.01	20.62	20.95	18.79
Research & Development	6.03	6.72	8.6	8.68	8.1
Operating Expenses	18.91	22.73	29.22	29.63	26.89
Operating Income	-2.53	0.27	-1.84	11	18.94
Interest Expense	-0.09	-0.31	-0.24	-0.14	-0.22
Interest & Investment Income	-	0.83	0.8	0.38	0.08
Earnings From Equity Investments	-0.23	-	-	-	-
Currency Exchange Gain (Loss)	-	-0.06	0.12	0.22	0.01
Other Non Operating Income (Expenses)	-	1.02	-0.1	-0.12	-0.14
EBT Excluding Unusual Items	-2.85	1.75	-1.27	11.34	18.67
Merger & Restructuring Charges	-	-0.3	-	-	-
Other Unusual Items	0.6	-	-	-	0.27
Pretax Income	-2.24	1.45	-1.27	11.34	18.94
Income Tax Expense	1.64	0.38	1.53	2.54	2.48
Net Income	-3.88	1.07	-2.8	8.8	16.46
Net Income to Common	-3.88	1.07	-2.8	8.8	16.46
Net Income Growth	-	-	-	-46.54%	595.81%
Shares Outstanding (Basic)	341	343	349	351	350
Shares Outstanding (Diluted)	341	343	349	351	351
Shares Change (YoY)	-0.56%	-1.58%	-0.56%	-0.02%	0.23%
EPS (Basic)	-0.01	0.00	-0.01	0.03	0.05
EPS (Diluted)	-0.01	0.00	-0.01	0.03	0.05
EPS Growth	-	-	-	-46.48%	594.20%
Free Cash Flow	4.09	8.91	-2.44	11.91	20.23
Free Cash Flow Per Share	0.01	0.03	-0.01	0.03	0.06
Dividend Per Share	-	0.007	0.003	0.025	0.020
Dividend Growth	-	200.00%	-90.00%	25.00%	300.00%
Gross Margin	55.36%	58.66%	63.74%	69.13%	73.78%
Operating Margin	-8.53%	0.69%	-4.29%	18.72%	30.48%
Profit Margin	-13.10%	2.74%	-6.53%	14.97%	26.49%
Free Cash Flow Margin	13.83%	22.73%	-5.68%	20.27%	32.57%
EBITDA	0.61	2.21	0.01	12.39	20.72
EBITDA Margin	2.08%	5.64%	0.03%	21.09%	33.35%
D&A For EBITDA	3.14	1.94	1.86	1.39	1.78
EBIT	-2.53	0.27	-1.84	11	18.94
EBIT Margin	-8.53%	0.69%	-4.29%	18.72%	30.48%
Effective Tax Rate	-	25.88%	-	22.38%	13.10%

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