LSI Software 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	85.31	69.67	56.93	57.37	54.05
Revenue Growth (YoY)	22.45%	22.39%	-0.76%	6.14%	25.47%
Cost of Revenue	53.99	47.44	36.81	43.55	37.46
Gross Profit	31.32	22.24	20.12	13.82	16.59
Selling, General & Admin	-	16.66	16.61	16.16	13.58
Other Operating Expenses	17.36	1.32	-0.2	-3.79	-2.9
Operating Expenses	17.36	18.01	16.42	12.39	10.7
Operating Income	13.97	4.23	3.7	1.43	5.89
Interest Expense	-	-0.27	-0.49	-0.28	-0.2
Interest & Investment Income	-	0.13	0.12	0.1	0.14
Currency Exchange Gain (Loss)	-	-0.19	-0.45	-0.14	-0.1
Other Non Operating Income (Expenses)	-0.38	-0	-	-0.01	-0.01
EBT Excluding Unusual Items	13.59	3.89	2.88	1.1	5.71
Gain (Loss) on Sale of Assets	-	2.13	0.07	0.04	0.01
Asset Writedown	-	0.75	0.03	0.05	0.01
Legal Settlements	-	-0.02	-0.01	0.01	-0.06
Other Unusual Items	-	0.07	0.02	0.07	0.07
Pretax Income	13.59	6.83	3	1.27	5.74
Income Tax Expense	-1.83	0.92	-0.19	-1.49	-0.72
Net Income	15.42	5.91	3.19	2.76	6.46
Net Income to Common	15.42	5.91	3.19	2.76	6.46
Net Income Growth	161.05%	85.26%	15.67%	-57.35%	169.11%
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
EPS (Basic)	4.73	1.81	0.98	0.85	1.98
EPS (Diluted)	4.73	1.81	0.98	0.85	1.98
EPS Growth	161.32%	85.07%	15.67%	-57.30%	168.79%
Free Cash Flow	18	-3.56	6.28	-8.04	-3.07
Free Cash Flow Per Share	5.52	-1.09	1.93	-2.46	-0.94
Dividend Per Share	-	-	-	0.250	-
Gross Margin	36.71%	31.91%	35.34%	24.08%	30.70%
Operating Margin	16.37%	6.07%	6.50%	2.49%	10.89%
Profit Margin	18.08%	8.48%	5.60%	4.81%	11.96%
Free Cash Flow Margin	21.10%	-5.10%	11.03%	-14.01%	-5.69%
EBITDA	20.96	6.98	6.34	3.12	6.72
EBITDA Margin	24.57%	10.01%	11.14%	5.44%	12.44%
D&A For EBITDA	6.99	2.75	2.64	1.69	0.84
EBIT	13.97	4.23	3.7	1.43	5.89
EBIT Margin	16.37%	6.07%	6.50%	2.49%	10.89%
Effective Tax Rate	-	13.50%	-	-	-
Revenue as Reported	-	69.67	56.93	57.37	54.05

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