Guardian Media Income Statement

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

Millions TTD. 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	83.86	97.92	99.34	117.79	104.71
Revenue Growth (YoY)	-14.36%	-1.43%	-15.66%	12.49%	-5.35%
Cost of Revenue	44.95	48.45	51.63	59.87	51.01
Gross Profit	38.92	49.47	47.72	57.92	53.71
Selling, General & Admin	52.85	56.49	62.99	57.63	50.83
Other Operating Expenses	-2.61	-2.89	-3.74	-3.4	-3.33
Operating Expenses	50.24	53.6	59.24	54.23	47.51
Operating Income	-11.32	-4.12	-11.53	3.69	6.2
Interest Expense	-0.74	-0.57	-0.73	-0.73	-0.71
Interest & Investment Income	2.52	2.36	1.57	0.89	0.77
Currency Exchange Gain (Loss)	0.02	0.01	-0.03	-0.03	-0.06
EBT Excluding Unusual Items	-9.53	-2.33	-10.71	3.81	6.21
Gain (Loss) on Sale of Investments	-1.1	-0.56	0.11	0.07	0.33
Pretax Income	-10.63	-2.89	-10.6	3.88	6.54
Income Tax Expense	1.23	0.59	-1.98	1.42	2.34
Net Income	-11.86	-3.48	-8.62	2.46	4.2
Preferred Dividends & Other Adjustments	0.09	0.09	0.09	0.09	0.09
Net Income to Common	-11.95	-3.57	-8.71	2.37	4.11
Net Income Growth	-	-	-	-41.41%	-10.46%
Shares Outstanding (Basic)	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40
EPS (Basic)	-0.30	-0.09	-0.22	0.06	0.10
EPS (Diluted)	-0.30	-0.09	-0.22	0.06	0.10
EPS Growth	-	-	-	-42.30%	-10.95%
Free Cash Flow	-3.26	2.06	6.91	-8.13	15.18
Free Cash Flow Per Share	-0.08	0.05	0.17	-0.20	0.38
Dividend Per Share	-	0.040	-	0.040	0.070
Dividend Growth	-	-	-	-42.86%	40.00%
Gross Margin	46.41%	50.52%	48.03%	49.17%	51.29%
Operating Margin	-13.50%	-4.21%	-11.60%	3.13%	5.92%
Profit Margin	-14.24%	-3.64%	-8.76%	2.02%	3.93%
Free Cash Flow Margin	-3.89%	2.10%	6.96%	-6.90%	14.50%
EBITDA	-2.57	5.73	-2.08	13.58	16.45
EBITDA Margin	-3.07%	5.85%	-2.10%	11.53%	15.71%
D&A For EBITDA	8.75	9.86	9.45	9.89	10.25
EBIT	-11.32	-4.12	-11.53	3.69	6.2
EBIT Margin	-13.50%	-4.21%	-11.60%	3.13%	5.92%
Effective Tax Rate	-	-	-	36.59%	35.74%

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