Strategy 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	477.23	463.46	496.26	499.26	510.76
Revenue Growth (YoY)	2.97%	-6.61%	-0.60%	-2.25%	6.25%
Cost of Revenue	149.42	129.47	109.94	102.99	91.91
Gross Profit	327.82	333.99	386.32	396.28	418.85
Selling, General & Admin	274.87	278.62	264.98	258.3	255.64
Research & Development	93.86	118.49	120.53	127.43	117.12
Other Operating Expenses	5,403	1,790	115.85	1,286	830.62
Operating Expenses	5,772	2,187	501.36	1,672	1,203
Operating Income	-5,444	-1,853	-115.05	-1,276	-784.53
Interest Expense	-64.97	-61.94	-48.96	-53.14	-29.15
Currency Exchange Gain (Loss)	-16.8	2.9	-5.6	6.2	2.5
Other Non Operating Income (Expenses)	0.2	0.61	0.4	0.21	-0.21
EBT Excluding Unusual Items	-5,526	-1,911	-169.21	-1,322	-811.39
Other Unusual Items	-	-22.93	44.69	-	-
Pretax Income	-5,526	-1,934	-124.53	-1,322	-811.39
Income Tax Expense	-1,678	-767.69	-553.65	147.33	-275.91
Net Income	-3,848	-1,167	429.12	-1,470	-535.48
Preferred Dividends & Other Adjustments	381.37	-	-	-	-
Net Income to Common	-4,230	-1,167	429.12	-1,470	-535.48
Shares Outstanding (Basic)	278	193	137	113	100
Shares Outstanding (Diluted)	278	193	166	113	100
Shares Change (YoY)	44.20%	16.23%	46.33%	12.98%	3.47%
EPS (Basic)	-15.23	-6.06	3.14	-12.98	-5.34
EPS (Diluted)	-15.23	-6.06	2.64	-12.98	-5.34
Free Cash Flow	-112.45	-66.51	9.77	0.73	91.13
Free Cash Flow Per Share	-0.41	-0.34	0.06	0.01	0.91
Gross Margin	68.69%	72.06%	77.85%	79.37%	82.01%
Operating Margin	-1140.82%	-399.82%	-23.18%	-255.53%	-153.60%
Profit Margin	-886.26%	-251.73%	86.47%	-294.39%	-104.84%
Free Cash Flow Margin	-23.56%	-14.35%	1.97%	0.14%	17.84%
EBITDA	-5,443	-1,847	-108.62	-1,269	-775.87
EBITDA Margin	-	-	-21.89%	-254.25%	-151.90%
D&A For EBITDA	0.92	5.51	6.43	6.37	8.66
EBIT	-5,444	-1,853	-115.05	-1,276	-784.53
EBIT Margin	-	-	-23.18%	-255.52%	-153.60%
Revenue as Reported	477.23	463.46	496.26	499.26	510.76
Advertising Expenses	-	-	-	-	1.2

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