WSE:APS Income Statement

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

Millions PLN. 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	32.84	48.11	40.38	33.57	33.58
Revenue Growth (YoY)	-31.74%	19.13%	20.28%	-0.03%	10.86%
Cost of Revenue	11.28	19.37	19.69	19.09	19.27
Gross Profit	21.56	28.74	20.69	14.49	14.32
Selling, General & Admin	15.97	20.49	14.76	11.53	12.43
Other Operating Expenses	0.48	0.98	0.59	0.57	-0.01
Operating Expenses	17.07	22.01	15.98	12.45	12.81
Operating Income	4.49	6.73	4.71	2.04	1.5
Interest Expense	-0.08	-0.08	-0.1	-0.04	-0.03
Interest & Investment Income	0.5	0.3	0.27	0.21	0.01
Other Non Operating Income (Expenses)	0.05	-0.04	-0.13	-0.02	0.04
EBT Excluding Unusual Items	4.96	6.91	4.74	2.19	1.52
Impairment of Goodwill	-	0.04	0.04	0.04	0.04
Gain (Loss) on Sale of Investments	-	-	-0.06	-	-
Gain (Loss) on Sale of Assets	0.05	0.03	0.1	0.09	0.13
Asset Writedown	-0.1	-0.37	-0.68	0.23	0.28
Other Unusual Items	0	-	-	-	-
Pretax Income	4.91	6.62	4.14	2.56	1.97
Income Tax Expense	0.98	-1.19	0.76	0.42	0.37
Net Income	3.93	7.81	3.38	2.14	1.6
Net Income to Common	3.93	7.81	3.38	2.14	1.6
Net Income Growth	-49.65%	130.78%	58.37%	33.29%	86.61%
Shares Outstanding (Basic)	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5
EPS (Basic)	0.74	1.47	0.64	0.40	0.30
EPS (Diluted)	0.74	1.47	0.64	0.40	0.30
EPS Growth	-49.65%	130.78%	58.38%	33.30%	86.61%
Free Cash Flow	8.23	2.76	2.01	3	1.04
Free Cash Flow Per Share	1.55	0.52	0.38	0.57	0.20
Dividend Per Share	-	0.380	0.300	0.380	0.380
Dividend Growth	-	26.67%	-21.05%	-	-49.33%
Gross Margin	65.64%	59.75%	51.24%	43.15%	42.63%
Operating Margin	13.66%	13.99%	11.67%	6.07%	4.48%
Profit Margin	11.97%	16.23%	8.38%	6.36%	4.77%
Free Cash Flow Margin	25.07%	5.74%	4.97%	8.93%	3.09%
EBITDA	5.1	7.27	5.34	2.39	1.9
EBITDA Margin	15.54%	15.12%	13.23%	7.11%	5.66%
D&A For EBITDA	0.61	0.54	0.63	0.35	0.4
EBIT	4.49	6.73	4.71	2.04	1.5
EBIT Margin	13.66%	13.99%	11.67%	6.07%	4.48%
Effective Tax Rate	19.96%	-	18.39%	16.53%	18.68%
Revenue as Reported	32.81	47.83	40.25	33.62	33.26

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