Larq S.A. 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
Operating Revenue	0.44	0.42	0.38	0.31	0.33
Other Revenue	-	-1.29	-0.02	-0	0.01
Revenue	0.44	-0.88	0.36	0.31	0.34
Revenue Growth (YoY)	-	-	15.15%	-8.84%	-20.84%
Gross Profit	0.44	-0.88	0.36	0.31	0.34
Selling, General & Admin	-	1.58	1.08	0.96	1.33
Other Operating Expenses	0.97	3.01	-0.34	3.44	0.06
Operating Expenses	0.97	4.6	0.73	4.41	1.39
Operating Income	-0.52	-5.47	-0.38	-4.1	-1.05
Interest Expense	-	-0.63	-0.23	-0.25	-0.28
Interest & Investment Income	-	0.01	0.38	0.46	0.14
Other Non Operating Income (Expenses)	-0.59	-1.02	-0.34	-0.39	0.05
EBT Excluding Unusual Items	-1.11	-7.11	-0.57	-4.28	-1.13
Gain (Loss) on Sale of Investments	14.88	4.5	16.89	-1.07	-9.08
Gain (Loss) on Sale of Assets	-	-	-	-	0
Other Unusual Items	-	0.28	0.01	0.06	0.04
Pretax Income	13.77	-2.34	16.34	-5.29	-10.17
Income Tax Expense	2.38	3.74	3.68	-0.2	-1.66
Earnings From Continuing Operations	11.39	-6.07	12.66	-5.08	-8.51
Net Income to Company	11.39	-6.07	12.66	-5.08	-8.51
Net Income	11.39	-6.07	12.66	-5.08	-8.51
Net Income to Common	11.39	-6.07	12.66	-5.08	-8.51
Shares Outstanding (Basic)	13	13	13	13	10
Shares Outstanding (Diluted)	13	13	13	13	10
Shares Change (YoY)	1.94%	1.79%	-0.55%	32.20%	15.73%
EPS (Basic)	0.84	-0.46	0.97	-0.39	-0.86
EPS (Diluted)	0.84	-0.46	0.97	-0.39	-0.86
Free Cash Flow	-0.31	-6.42	-0.39	-0.46	-0.84
Free Cash Flow Per Share	-0.02	-0.48	-0.03	-0.04	-0.09
Gross Margin	100.00%	-	100.00%	100.00%	100.00%
Operating Margin	-118.55%	-	-105.77%	-1322.81%	-308.09%
Profit Margin	2576.70%	-	3550.14%	-1641.87%	-2506.94%
Free Cash Flow Margin	-71.04%	-	-108.13%	-147.00%	-248.67%
EBITDA	-0.39	-5.34	-0.24	-3.96	-0.79
EBITDA Margin	-88.58%	-	-68.57%	-	-233.69%
D&A For EBITDA	0.13	0.13	0.13	0.13	0.25
EBIT	-0.52	-5.47	-0.38	-4.1	-1.05
EBIT Margin	-118.55%	-	-105.77%	-	-
Effective Tax Rate	17.29%	-	22.52%	-	-

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