Larq S.A. Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	0.43	0.42	0.38	0.31	0.33	0.31
Other Revenue	-0.15	-1.29	-0.02	-0	0.01	0.12
Revenue	0.28	-0.88	0.36	0.31	0.34	0.43
Revenue Growth (YoY)	-	-	15.15%	-8.84%	-20.84%	112.32%
Gross Profit	0.28	-0.88	0.36	0.31	0.34	0.43
Selling, General & Admin	0.92	1.58	1.08	0.96	1.33	2.38
Other Operating Expenses	0.69	3.01	-0.34	3.44	0.06	-0.53
Operating Expenses	1.62	4.6	0.73	4.41	1.39	2.19
Operating Income	-1.33	-5.47	-0.38	-4.1	-1.05	-1.76
Interest Expense	-0.47	-0.63	-0.23	-0.25	-0.28	-0.37
Interest & Investment Income	0.93	0.01	0.38	0.46	0.14	0.12
Other Non Operating Income (Expenses)	-1.02	-1.02	-0.34	-0.39	0.05	-0.21
EBT Excluding Unusual Items	-1.9	-7.11	-0.57	-4.28	-1.13	-2.23
Gain (Loss) on Sale of Investments	19.69	4.5	16.89	-1.07	-9.08	-52.43
Gain (Loss) on Sale of Assets	-	-	-	-	0	0
Other Unusual Items	0.28	0.28	0.01	0.06	0.04	0.04
Pretax Income	18.07	-2.34	16.34	-5.29	-10.17	-54.62
Income Tax Expense	4.62	3.74	3.68	-0.2	-1.66	-10.01
Earnings From Continuing Operations	13.44	-6.07	12.66	-5.08	-8.51	-44.61
Net Income to Company	13.44	-6.07	12.66	-5.08	-8.51	-44.61
Net Income	13.44	-6.07	12.66	-5.08	-8.51	-44.61
Net Income to Common	13.44	-6.07	12.66	-5.08	-8.51	-44.61
Shares Outstanding (Basic)	13	13	13	13	10	9
Shares Outstanding (Diluted)	13	13	13	13	10	9
Shares Change (YoY)	0.83%	1.79%	-0.55%	32.20%	15.73%	6.69%
EPS (Basic)	1.02	-0.46	0.97	-0.39	-0.86	-5.22
EPS (Diluted)	1.01	-0.46	0.97	-0.39	-0.86	-5.22
Free Cash Flow	-0.27	-6.42	-0.39	-0.46	-0.84	-2.2
Free Cash Flow Per Share	-0.02	-0.48	-0.03	-0.04	-0.09	-0.26
Gross Margin	100.00%	-	100.00%	100.00%	100.00%	100.00%
Operating Margin	-471.59%	-	-105.77%	-1322.81%	-308.09%	-410.60%
Profit Margin	4756.51%	-	3550.14%	-1641.87%	-2506.94%	-10397.48%
Free Cash Flow Margin	-93.98%	-	-108.13%	-147.00%	-248.67%	-513.09%
EBITDA	-1.2	-5.34	-0.24	-3.96	-0.79	-1.43
EBITDA Margin	-	-	-68.57%	-	-233.69%	-
D&A For EBITDA	0.13	0.13	0.13	0.13	0.25	0.33
EBIT	-1.33	-5.47	-0.38	-4.1	-1.05	-1.76
EBIT Margin	-	-	-105.77%	-	-	-
Effective Tax Rate	25.58%	-	22.52%	-	-	-

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