Grigeo Group AB (VSE:GRG1L)

Grigeo Group AB Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	225.4	212.99	195.35	203.21	163.22	129.6
Revenue Growth (YoY)	14.72%	9.03%	-3.87%	24.50%	25.94%	-7.41%
Cost of Revenue	181.2	168.9	144.75	173.39	130.3	96.71
Gross Profit	44.2	44.09	50.6	29.82	32.92	32.89
Selling, General & Admin	27.49	26.69	25.16	22.52	19.08	18.45
Other Operating Expenses	-5.14	-5.37	-3.86	-4.63	0.07	-0.6
Operating Expenses	22.35	21.32	21.31	17.89	19.15	17.85
Operating Income	21.85	22.77	29.29	11.93	13.77	15.04
Interest Expense	-0.68	-0.46	-0.42	-0.24	-0.19	-0.32
Interest & Investment Income	0.36	0.62	0.67	0.02	0.01	0.02
Currency Exchange Gain (Loss)	-0.17	-0.17	-0.02	-0.05	-0.04	0.09
Other Non Operating Income (Expenses)	0.12	0.12	-0.01	-0.16	0.03	-0.01
EBT Excluding Unusual Items	21.47	22.88	29.52	11.49	13.57	14.82
Gain (Loss) on Sale of Assets	0.14	0.99	0.12	0.19	0.09	0.1
Other Unusual Items	-	-	-	-	-0.03	-
Pretax Income	21.61	23.87	29.64	11.68	13.64	14.92
Income Tax Expense	1.63	3.01	4.32	1.06	1.25	1.65
Earnings From Continuing Operations	19.97	20.86	25.32	10.62	12.39	13.27
Minority Interest in Earnings	-0.63	-0.04	-0.02	-0.1	-0.12	0.02
Net Income	19.34	20.82	25.31	10.53	12.27	13.29
Net Income to Common	19.34	20.82	25.31	10.53	12.27	13.29
Net Income Growth	-9.03%	-17.73%	140.44%	-14.19%	-7.72%	-1.61%
Shares Outstanding (Basic)	131	131	131	131	131	131
Shares Outstanding (Diluted)	133	133	133	133	132	131
Shares Change (YoY)	-	-	-	0.59%	0.67%	-
EPS (Basic)	0.15	0.16	0.19	0.08	0.09	0.10
EPS (Diluted)	0.14	0.16	0.19	0.08	0.09	0.10
EPS Growth	-8.80%	-17.89%	140.51%	-15.05%	-8.06%	-1.61%
Free Cash Flow	8.69	5.35	33.2	5.25	8.95	18.68
Free Cash Flow Per Share	0.07	0.04	0.25	0.04	0.07	0.14
Dividend Per Share	0.060	0.060	0.070	0.050	0.050	0.060
Dividend Growth	-14.29%	-14.29%	40.00%	-	-16.67%	-
Gross Margin	19.61%	20.70%	25.90%	14.67%	20.17%	25.38%
Operating Margin	9.69%	10.69%	14.99%	5.87%	8.44%	11.60%
Profit Margin	8.58%	9.77%	12.95%	5.18%	7.51%	10.26%
Free Cash Flow Margin	3.86%	2.51%	16.99%	2.58%	5.48%	14.41%
EBITDA	32.56	33.07	38.25	20.7	23.27	25.91
EBITDA Margin	14.44%	15.52%	19.58%	10.19%	14.25%	19.99%
D&A For EBITDA	10.71	10.29	8.96	8.77	9.49	10.87
EBIT	21.85	22.77	29.29	11.93	13.77	15.04
EBIT Margin	9.69%	10.69%	14.99%	5.87%	8.44%	11.60%
Effective Tax Rate	7.56%	12.61%	14.56%	9.06%	9.17%	11.04%

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