WSE:APS Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	44.75	48.11	40.38	33.57	33.58	30.29
Revenue Growth (YoY)	8.73%	19.13%	20.28%	-0.03%	10.86%	-2.68%
Cost of Revenue	12.8	19.37	19.69	19.09	19.27	17.15
Gross Profit	31.95	28.74	20.69	14.49	14.32	13.14
Selling, General & Admin	19.13	20.49	14.76	11.53	12.43	11.4
Other Operating Expenses	0.57	0.98	0.59	0.57	-0.01	0.22
Operating Expenses	20.24	22.01	15.98	12.45	12.81	12.1
Operating Income	11.71	6.73	4.71	2.04	1.5	1.04
Interest Expense	-0.11	-0.08	-0.1	-0.04	-0.03	-0.02
Interest & Investment Income	0.44	0.3	0.27	0.21	0.01	0.06
Other Non Operating Income (Expenses)	0	-0.04	-0.13	-0.02	0.04	-0.01
EBT Excluding Unusual Items	12.04	6.91	4.74	2.19	1.52	1.07
Impairment of Goodwill	0.04	0.04	0.04	0.04	0.04	0.04
Gain (Loss) on Sale of Investments	-	-	-0.06	-	-	-0
Gain (Loss) on Sale of Assets	0.04	0.03	0.1	0.09	0.13	0
Asset Writedown	-0.05	-0.37	-0.68	0.23	0.28	0
Pretax Income	12.07	6.62	4.14	2.56	1.97	1.12
Income Tax Expense	-0.27	-1.19	0.76	0.42	0.37	0.26
Net Income	12.34	7.81	3.38	2.14	1.6	0.86
Net Income to Common	12.34	7.81	3.38	2.14	1.6	0.86
Net Income Growth	363.19%	130.78%	58.37%	33.29%	86.61%	-58.05%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
EPS (Basic)	2.33	1.47	0.64	0.40	0.30	0.16
EPS (Diluted)	2.33	1.47	0.64	0.40	0.30	0.16
EPS Growth	363.19%	130.78%	58.38%	33.30%	86.61%	-58.05%
Free Cash Flow	7.75	2.76	2.01	3	1.04	1.97
Free Cash Flow Per Share	1.46	0.52	0.38	0.57	0.20	0.37
Dividend Per Share	0.380	0.380	0.300	0.380	0.380	0.750
Dividend Growth	26.67%	26.67%	-21.05%	-	-49.33%	-
Gross Margin	71.40%	59.75%	51.24%	43.15%	42.63%	43.37%
Operating Margin	26.16%	13.99%	11.67%	6.07%	4.48%	3.43%
Profit Margin	27.58%	16.23%	8.38%	6.36%	4.77%	2.83%
Free Cash Flow Margin	17.33%	5.74%	4.97%	8.93%	3.09%	6.50%
EBITDA	12.26	7.27	5.34	2.39	1.9	1.51
EBITDA Margin	27.40%	15.12%	13.23%	7.11%	5.66%	4.99%
D&A For EBITDA	0.55	0.54	0.63	0.35	0.4	0.47
EBIT	11.71	6.73	4.71	2.04	1.5	1.04
EBIT Margin	26.16%	13.99%	11.67%	6.07%	4.48%	3.43%
Effective Tax Rate	-	-	18.39%	16.53%	18.68%	23.18%
Revenue as Reported	44.76	47.83	40.25	33.62	33.26	30.34

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.