WSE:KGN Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Revenue	2,836	2,650	2,557	3,164	1,812	1,435
Other Revenue	34.8	34.8	4.35	-	-	-
Revenue	2,871	2,685	2,561	3,164	1,812	1,435
Revenue Growth (YoY)	11.46%	4.84%	-19.06%	74.61%	26.33%	21.21%
Selling, General & Admin	151.16	144.64	118.42	693.22	122.93	95.43
Other Operating Expenses	2,275	2,198	2,223	2,053	1,531	1,215
Total Operating Expenses	2,426	2,343	2,342	2,746	1,654	1,310
Operating Income	445.18	342.46	219.67	418.09	158.22	124.1
Interest Expense	-12.23	-14.86	-4.2	-7	-3.82	-2.69
Interest Income	42.55	42.55	51.84	41.89	36.15	3.08
Net Interest Expense	30.32	27.69	47.64	34.89	32.32	0.39
Currency Exchange Gain (Loss)	-2.1	-2.1	0.97	-	-	-
Other Non-Operating Income (Expenses)	-21.59	-24.45	-16.38	-131.37	-1.35	-52
EBT Excluding Unusual Items	451.81	343.61	251.91	321.61	189.2	72.49
Gain (Loss) on Sale of Assets	1.52	1.52	-0.59	0.13	0.34	0.69
Asset Writedown	-	-	-	-0.06	-	-0.4
Pretax Income	453.33	345.12	251.32	321.68	189.54	72.77
Income Tax Expense	90.44	68.1	49.56	64.97	37.56	15.99
Earnings From Continuing Ops.	362.88	277.02	201.76	256.72	151.98	56.79
Minority Interest in Earnings	-	-	-	-1.02	-2.45	-0.53
Net Income	362.88	277.02	201.76	255.7	149.53	56.25
Net Income to Common	362.88	277.02	201.76	255.7	149.53	56.25
Net Income Growth	89.04%	37.31%	-21.10%	71.00%	165.82%	-54.61%
Shares Outstanding (Basic)	15	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15	15
EPS (Basic)	24.35	18.59	13.54	17.16	10.04	3.78
EPS (Diluted)	24.35	18.59	13.54	17.16	10.04	3.78
EPS Growth	88.99%	37.30%	-21.10%	70.99%	165.82%	-54.61%
Free Cash Flow	605.69	482.2	566.52	611.91	-122.98	-44.59
Free Cash Flow Per Share	40.65	32.36	38.02	41.07	-8.25	-2.99
Dividend Per Share	-	-	-	-	-	0.320
Profit Margin	12.64%	10.32%	7.88%	8.08%	8.25%	3.92%
Free Cash Flow Margin	21.10%	17.96%	22.12%	19.34%	-6.79%	-3.11%
EBITDA	679.6	567.31	439.25	620.21	350.98	308.58
EBITDA Margin	23.67%	21.13%	17.15%	19.60%	19.37%	21.51%
D&A For EBITDA	234.42	224.84	219.57	202.12	192.76	184.48
EBIT	445.18	342.46	219.67	418.09	158.22	124.1
EBIT Margin	15.50%	12.75%	8.58%	13.21%	8.73%	8.65%
Effective Tax Rate	19.95%	19.73%	19.72%	20.20%	19.81%	21.97%

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