Turpaz Industries 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	275.15	188.95	127.36	118.56	85.33
Revenue Growth (YoY)	45.62%	48.36%	7.42%	38.93%	61.83%
Cost of Revenue	165.13	115.29	77.74	70.9	50.61
Gross Profit	110.02	73.66	49.61	47.66	34.73
Selling, General & Admin	55.75	38.4	26.05	25.07	16.53
Research & Development	11.05	7.03	4.92	3.61	1.95
Other Operating Expenses	0.56	0.53	0.46	0.45	0.21
Operating Expenses	67.36	45.96	31.43	29.12	18.69
Operating Income	42.67	27.7	18.18	18.54	16.04
Interest Expense	-8.17	-5.07	-1.5	-1.2	-1.1
Interest & Investment Income	2.08	0.5	0.17	0.11	0.05
Earnings From Equity Investments	0.76	0.04	-	-	-
Currency Exchange Gain (Loss)	-0.46	-0.14	0.21	0.1	0.4
Other Non Operating Income (Expenses)	-6.68	-1.97	-1.67	-0.53	-0.46
EBT Excluding Unusual Items	30.21	21.05	15.39	17.02	14.93
Pretax Income	30.21	21.05	15.39	25.82	14.93
Income Tax Expense	7.56	5.31	2.5	4.49	2.12
Earnings From Continuing Operations	22.66	15.75	12.89	21.33	12.81
Earnings From Discontinued Operations	-	0.17	-	-	-
Net Income to Company	22.66	15.91	12.89	21.33	12.81
Minority Interest in Earnings	-4.94	-2.09	-0.5	-0.16	-0.21
Net Income	17.72	13.82	12.39	21.17	12.61
Net Income to Common	17.72	13.82	12.39	21.17	12.61
Net Income Growth	28.21%	11.51%	-41.47%	67.95%	60.39%
Shares Outstanding (Basic)	104	100	100	100	89
Shares Outstanding (Diluted)	105	101	100	101	90
Shares Change (YoY)	4.46%	0.32%	-0.22%	12.17%	139.47%
EPS (Basic)	0.17	0.14	0.12	0.21	0.14
EPS (Diluted)	0.17	0.14	0.12	0.21	0.14
EPS Growth	23.59%	14.63%	-42.86%	50.00%	-33.33%
Free Cash Flow	28.21	12.8	9.69	26.09	9.35
Free Cash Flow Per Share	0.27	0.13	0.10	0.26	0.10
Dividend Per Share	0.063	-	0.040	0.050	0.039
Dividend Growth	-	-	-19.36%	28.50%	-
Gross Margin	39.99%	38.98%	38.96%	40.20%	40.70%
Operating Margin	15.51%	14.66%	14.27%	15.63%	18.80%
Profit Margin	6.44%	7.31%	9.73%	17.86%	14.77%
Free Cash Flow Margin	10.25%	6.77%	7.61%	22.00%	10.96%
EBITDA	55.92	36.8	26.36	24.87	19.84
EBITDA Margin	20.32%	19.48%	20.70%	20.98%	23.25%
D&A For EBITDA	13.25	9.1	8.18	6.34	3.8
EBIT	42.67	27.7	18.18	18.54	16.04
EBIT Margin	15.51%	14.66%	14.27%	15.63%	18.80%
Effective Tax Rate	25.01%	25.21%	16.22%	17.38%	14.19%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.