TopGum Industries Income Statement

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

Millions USD. 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	83.95	59.27	45.6	43.91	33.07	25.6
Revenue Growth (YoY)	58.33%	29.98%	3.84%	32.77%	29.18%	33.29%
Cost of Revenue	56.93	38.75	30.5	28.66	23.18	17.76
Gross Profit	27.03	20.51	15.1	15.25	9.89	7.84
Selling, General & Admin	16.61	13.45	9.13	8.5	6.25	5.35
Research & Development	3.63	2.83	3.45	2.47	0.99	0.49
Other Operating Expenses	0.18	0.11	-	-	0.02	-
Operating Expenses	20.43	16.39	12.57	10.97	7.25	5.84
Operating Income	6.6	4.12	2.53	4.28	2.64	2
Interest Expense	-	-0.69	-0.24	-0.14	-0.26	-0.63
Interest & Investment Income	3.66	0.2	0.04	0.02	-	-
Currency Exchange Gain (Loss)	0.97	0.97	0.77	0.17	-0.1	-0.15
Other Non Operating Income (Expenses)	-0.39	-0.39	0.43	-0.02	-0.47	0
EBT Excluding Unusual Items	10.84	4.21	3.53	4.31	1.8	1.22
Merger & Restructuring Charges	-2.23	-0.5	-0.58	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.15
Asset Writedown	-9.95	-9.95	-	-	-	-
Other Unusual Items	0.5	0.5	1.02	-	-	-
Pretax Income	-0.85	-5.75	3.97	4.31	1.8	1.07
Income Tax Expense	2.39	0.74	0.76	0.68	0.22	0.23
Net Income	-3.24	-6.49	3.21	3.63	1.58	0.83
Net Income to Common	-3.24	-6.49	3.21	3.63	1.58	0.83
Net Income Growth	-	-	-11.56%	129.79%	89.37%	-
Shares Outstanding (Basic)	145	108	96	94	81	61
Shares Outstanding (Diluted)	145	108	98	96	83	62
Shares Change (YoY)	73.04%	10.19%	1.23%	15.93%	34.20%	11.15%
EPS (Basic)	-0.02	-0.06	0.03	0.04	0.02	0.01
EPS (Diluted)	-0.02	-0.06	0.03	0.04	0.02	0.01
EPS Growth	-	-	-22.32%	97.84%	45.95%	-
Free Cash Flow	-9.48	-6.12	-25.15	-11.85	-6.15	-0.4
Free Cash Flow Per Share	-0.07	-0.06	-0.26	-0.12	-0.07	-0.01
Gross Margin	32.19%	34.61%	33.12%	34.73%	29.91%	30.64%
Operating Margin	7.86%	6.96%	5.54%	9.76%	7.98%	7.81%
Profit Margin	-3.85%	-10.94%	7.05%	8.27%	4.78%	3.26%
Free Cash Flow Margin	-11.29%	-10.33%	-55.15%	-26.99%	-18.61%	-1.56%
EBITDA	10.1	5.69	3.94	5.57	3.93	3.2
EBITDA Margin	12.03%	9.59%	8.65%	12.69%	11.88%	12.50%
D&A For EBITDA	3.5	1.56	1.42	1.29	1.29	1.2
EBIT	6.6	4.12	2.53	4.28	2.64	2
EBIT Margin	7.86%	6.96%	5.54%	9.76%	7.98%	7.81%
Effective Tax Rate	-	-	19.07%	15.71%	12.36%	21.93%
Advertising Expenses	-	0.29	0.12	0.07	0.05	0.23

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