The Farm 51 Group Spólka Akcyjna (WSE:F51)

WSE:F51 Income Statement

Financials in millions PLN. 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	6.71	6.03	11.91	16.36	25.32	11.7
Revenue Growth (YoY)	8.22%	-49.36%	-27.24%	-35.37%	116.50%	98.26%
Cost of Revenue	-15.83	-16.3	-9.28	-2.57	4.53	-2.65
Gross Profit	22.53	22.33	21.19	18.93	20.79	14.35
Selling, General & Admin	12.76	15.09	16.44	17.12	13.73	10.84
Other Operating Expenses	0.68	0.45	0.12	-1.27	2.78	-1.93
Operating Expenses	18.72	18.98	17.81	15.95	19.27	11.77
Operating Income	3.82	3.35	3.38	2.98	1.53	2.58
Interest Expense	-1.26	-1.07	-0	-0.01	-0.03	-0.08
Interest & Investment Income	-	-	0.4	0.03	0	0
Other Non Operating Income (Expenses)	0.04	0.15	-0.6	0.96	0.64	-0.29
EBT Excluding Unusual Items	2.59	2.43	3.18	3.96	2.13	2.21
Gain (Loss) on Sale of Investments	-0.01	-0.01	-0.56	-	-	-
Asset Writedown	-	-	-3.1	-	-	-
Pretax Income	2.58	2.42	-0.49	3.96	2.13	2.21
Income Tax Expense	-	-	0.03	0.53	0.38	-
Net Income	2.58	2.42	-0.52	3.42	1.75	2.21
Net Income to Common	2.58	2.42	-0.52	3.42	1.75	2.21
Net Income Growth	-	-	-	95.50%	-20.86%	-
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	-	-	-	-	2.39%	-
EPS (Basic)	0.40	0.38	-0.08	0.53	0.27	0.35
EPS (Diluted)	0.40	0.38	-0.08	0.53	0.27	0.35
EPS Growth	-	-	-	95.50%	-22.71%	-
Free Cash Flow	-6	-7.83	-11.51	0.19	8.4	0.44
Free Cash Flow Per Share	-0.93	-1.22	-1.79	0.03	1.31	0.07
Gross Margin	335.88%	370.32%	177.93%	115.69%	82.12%	122.69%
Operating Margin	56.88%	55.52%	28.36%	18.19%	6.03%	22.02%
Profit Margin	38.46%	40.13%	-4.33%	20.91%	6.91%	18.91%
Free Cash Flow Margin	-89.40%	-129.80%	-96.67%	1.18%	33.18%	3.76%
EBITDA	5.68	3.37	4.62	3.08	4.27	5.44
EBITDA Margin	84.63%	55.91%	38.83%	18.82%	16.88%	46.55%
D&A For EBITDA	1.86	0.02	1.25	0.1	2.75	2.87
EBIT	3.82	3.35	3.38	2.98	1.53	2.58
EBIT Margin	56.88%	55.52%	28.36%	18.19%	6.03%	22.02%
Effective Tax Rate	-	-	-	13.51%	17.99%	-
Revenue as Reported	22.87	22.63	21.54	19.64	21.04	14.57

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