Space-Communication 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	88.68	100.02	99.16	98.23	93.69
Revenue Growth (YoY)	-11.34%	0.86%	0.95%	4.85%	6.69%
Cost of Revenue	53.56	65.27	67.69	69.33	69.7
Gross Profit	35.11	34.75	31.48	28.9	23.99
Selling, General & Admin	11.41	10.59	13.38	15.45	13.37
Other Operating Expenses	-3.59	-4.06	-3.55	-3.61	-3.54
Operating Expenses	7.81	6.53	9.83	11.84	9.82
Operating Income	27.3	28.22	21.65	17.06	14.16
Interest Expense	-34.14	-28.7	-26.8	-27.16	-27.87
Interest & Investment Income	5.85	4.77	2.65	0.65	0.24
Currency Exchange Gain (Loss)	2.35	-1.06	-0.58	-3.32	0.21
Other Non Operating Income (Expenses)	0.24	-2.43	-2.55	-3.94	-2.14
EBT Excluding Unusual Items	1.59	0.8	-5.63	-16.71	-15.4
Asset Writedown	20.28	14.87	-20.2	-63.71	-
Other Unusual Items	-	-	-	4.59	-
Pretax Income	21.87	15.67	-25.83	-75.83	-15.4
Income Tax Expense	0.03	-0.54	-0.53	-5.64	0.02
Net Income	21.84	16.21	-25.3	-70.18	-15.42
Net Income to Common	21.84	16.21	-25.3	-70.18	-15.42
Net Income Growth	34.73%	-	-	-	-
Shares Outstanding (Basic)	42	36	35	26	24
Shares Outstanding (Diluted)	56	52	35	26	24
Shares Change (YoY)	6.51%	47.80%	37.45%	6.42%	-
EPS (Basic)	0.52	0.45	-0.72	-2.73	-0.64
EPS (Diluted)	0.39	0.31	-0.72	-2.73	-0.64
EPS Growth	25.81%	-	-	-	-
Free Cash Flow	76.22	59.97	65.31	57.5	53.68
Free Cash Flow Per Share	1.37	1.15	1.85	2.24	2.23
Gross Margin	39.60%	34.74%	31.74%	29.42%	25.60%
Operating Margin	30.79%	28.22%	21.83%	17.36%	15.12%
Profit Margin	24.63%	16.21%	-25.51%	-71.45%	-16.45%
Free Cash Flow Margin	85.96%	59.96%	65.86%	58.53%	57.29%
EBITDA	62.7	63.82	73.83	69.82	66.83
EBITDA Margin	70.71%	63.80%	74.45%	71.08%	71.33%
D&A For EBITDA	35.4	35.6	52.18	52.76	52.67
EBIT	27.3	28.22	21.65	17.06	14.16
EBIT Margin	30.79%	28.22%	21.83%	17.36%	15.12%
Effective Tax Rate	0.14%	-	-	-	-
Advertising Expenses	0.05	0.06	0.11	0.78	0.26

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