Artifex Mundi 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	95.98	103.53	82.49	38.55	39.08
Revenue Growth (YoY)	-7.29%	25.50%	113.99%	-1.35%	51.89%
Cost of Revenue	9.77	12.34	10.53	9.13	9.72
Gross Profit	86.22	91.19	71.96	29.42	29.35
Selling, General & Admin	61.56	61.57	47.99	19.52	13.97
Other Operating Expenses	0.22	0.06	0.09	-0.03	0.06
Operating Expenses	61.78	61.63	48.07	19.49	14.02
Operating Income	24.44	29.55	23.89	9.93	15.33
Interest Expense	-0.24	-0.35	-0.12	-0.11	-0
Interest & Investment Income	1.45	1.78	1.46	3.11	0
Currency Exchange Gain (Loss)	0.32	-0.64	-0.74	-0.67	0.17
Other Non Operating Income (Expenses)	-0.07	-0.02	-0.01	-0.11	-
EBT Excluding Unusual Items	25.9	30.32	24.48	12.15	15.5
Gain (Loss) on Sale of Investments	1.15	-0.38	2.85	0.3	-0.81
Gain (Loss) on Sale of Assets	0	-0.01	0.04	-0	0.06
Asset Writedown	-0.02	0.02	0.06	0.09	-0.06
Pretax Income	27.04	29.95	27.44	12.54	14.7
Income Tax Expense	1.66	2.55	2.52	0.47	1.7
Net Income	25.38	27.4	24.92	12.07	13
Net Income to Common	25.38	27.4	24.92	12.07	13
Net Income Growth	-7.39%	9.96%	106.53%	-7.18%	57.71%
Shares Outstanding (Basic)	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12
Shares Change (YoY)	0.11%	0.11%	-	-	-
EPS (Basic)	2.13	2.30	2.09	1.01	1.09
EPS (Diluted)	2.13	2.30	2.09	1.01	1.09
EPS Growth	-7.46%	10.05%	106.93%	-7.34%	57.97%
Free Cash Flow	-2.53	6.2	6.86	5.19	6.98
Free Cash Flow Per Share	-0.21	0.52	0.58	0.44	0.59
Gross Margin	89.82%	88.08%	87.23%	76.33%	75.12%
Operating Margin	25.46%	28.55%	28.96%	25.77%	39.23%
Profit Margin	26.44%	26.47%	30.21%	31.30%	33.27%
Free Cash Flow Margin	-2.63%	5.99%	8.32%	13.46%	17.86%
EBITDA	25.24	30.06	24.15	10.11	15.58
EBITDA Margin	26.30%	29.04%	29.27%	26.23%	39.88%
D&A For EBITDA	0.81	0.51	0.26	0.18	0.26
EBIT	24.44	29.55	23.89	9.93	15.33
EBIT Margin	25.46%	28.55%	28.96%	25.77%	39.23%
Effective Tax Rate	6.14%	8.52%	9.18%	3.76%	11.56%

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