Gremi Media 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	105.1	99.86	98.86	97.39	100.63
Revenue Growth (YoY)	5.25%	1.01%	1.51%	-3.23%	4.67%
Cost of Revenue	56.53	52.35	80.11	53.68	50.59
Gross Profit	48.57	47.51	18.75	43.7	50.04
Selling, General & Admin	48.11	44.77	12.53	34.93	37.78
Other Operating Expenses	13.9	-0.05	-0.61	-0.45	1.1
Operating Expenses	62.01	44.74	11.93	34.48	38.88
Operating Income	-13.43	2.77	6.82	9.23	11.16
Interest Expense	-0.84	-0.86	-0.73	-0.12	-0.25
Interest & Investment Income	0.04	0.03	0.29	0.14	0.52
Currency Exchange Gain (Loss)	0.07	0	-0.12	-0.22	-0.21
Other Non Operating Income (Expenses)	-0.08	-0.08	-0.07	-0.12	-0.18
EBT Excluding Unusual Items	-14.24	1.86	6.19	8.92	11.03
Gain (Loss) on Sale of Investments	-	0.04	-	-	-
Gain (Loss) on Sale of Assets	0.01	0.01	0.21	0.01	-
Asset Writedown	3.86	0	-	-0.67	-
Legal Settlements	-0.01	-0.43	-0.23	-0.04	0.1
Other Unusual Items	-	-0.06	0.02	-0.02	1.75
Pretax Income	-10.38	1.42	6.19	8.2	12.88
Income Tax Expense	-3.38	1.04	1.31	2.16	4.3
Earnings From Continuing Operations	-7	0.38	4.88	6.04	8.58
Minority Interest in Earnings	0.25	0.27	-0.37	-0.88	-0.79
Net Income	-6.74	0.66	4.51	5.16	7.78
Net Income to Common	-6.74	0.66	4.51	5.16	7.78
Net Income Growth	-	-85.47%	-12.45%	-33.76%	-49.45%
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	-	-	0.56%	3.01%	1.18%
EPS (Basic)	-3.77	0.37	2.52	2.90	4.50
EPS (Diluted)	-3.77	0.37	2.52	2.90	4.50
EPS Growth	-	-85.46%	-12.99%	-35.64%	-50.06%
Free Cash Flow	0.1	2.35	2.45	5.85	10.01
Free Cash Flow Per Share	0.06	1.31	1.37	3.29	5.79
Dividend Per Share	-	-	-	1.680	3.730
Dividend Growth	-	-	-	-54.96%	-34.22%
Gross Margin	46.21%	47.58%	18.97%	44.88%	49.73%
Operating Margin	-12.78%	2.78%	6.90%	9.47%	11.09%
Profit Margin	-6.42%	0.66%	4.57%	5.29%	7.74%
Free Cash Flow Margin	0.10%	2.35%	2.48%	6.01%	9.95%
EBITDA	-10.82	4.74	8.67	11.68	13.62
EBITDA Margin	-10.29%	4.75%	8.77%	11.99%	13.53%
D&A For EBITDA	2.62	1.97	1.85	2.45	2.46
EBIT	-13.43	2.77	6.82	9.23	11.16
EBIT Margin	-12.78%	2.78%	6.90%	9.47%	11.09%
Effective Tax Rate	-	73.10%	21.09%	26.36%	33.41%

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