AB K2 LT (VSE:K2LT)

AB K2 LT Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1.86	1.92	1.85	2.23	2.53
Revenue Growth (YoY)	-3.08%	3.76%	-16.97%	-11.78%	23.58%
Cost of Revenue	0.48	0.34	0.4	0.5	0.37
Gross Profit	1.38	1.58	1.45	1.73	2.16
Selling, General & Admin	0.93	0.92	0.83	0.89	0.81
Other Operating Expenses	-0.41	-0.02	-0.02	-0.02	-
Operating Expenses	0.51	0.9	0.81	0.88	0.81
Operating Income	0.87	0.68	0.64	0.85	1.35
Interest Expense	-0.02	-0	-0.01	-0.01	-0.02
Interest & Investment Income	0.01	0.02	0	0	-
Earnings From Equity Investments	2.3	-	-	-	-
Other Non Operating Income (Expenses)	-	-	-	-	0.03
EBT Excluding Unusual Items	3.15	0.7	0.63	0.84	1.36
Pretax Income	3.15	0.7	0.63	0.84	1.36
Income Tax Expense	0.14	0.11	0.1	0.13	0.2
Net Income	3.01	0.59	0.54	0.72	1.16
Net Income to Common	3.01	0.59	0.54	0.72	1.16
Net Income Growth	408.89%	10.05%	-24.96%	-37.97%	21.62%
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
EPS (Basic)	9.66	1.90	1.73	2.30	3.71
EPS (Diluted)	9.66	1.90	1.73	2.30	3.71
EPS Growth	408.89%	10.05%	-24.97%	-37.97%	21.62%
Free Cash Flow	-0.77	0.33	0.09	0.31	1.19
Free Cash Flow Per Share	-2.48	1.06	0.30	0.99	3.82
Dividend Per Share	-	-	1.000	-	1.000
Gross Margin	74.28%	82.07%	78.54%	77.50%	85.54%
Operating Margin	46.63%	35.42%	34.60%	38.13%	53.54%
Profit Margin	161.92%	30.84%	29.07%	32.17%	45.76%
Free Cash Flow Margin	-41.50%	17.24%	5.04%	13.84%	47.13%
EBITDA	1.11	0.92	0.88	1.07	1.56
EBITDA Margin	59.39%	47.78%	47.33%	48.15%	61.66%
D&A For EBITDA	0.24	0.24	0.24	0.22	0.21
EBIT	0.87	0.68	0.64	0.85	1.35
EBIT Margin	46.63%	35.42%	34.60%	38.13%	53.54%
Effective Tax Rate	4.41%	15.25%	15.17%	14.89%	15.05%
Advertising Expenses	-	-	0.01	-	0.04

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