Military Group 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	13.38	31.94	33.09	34.95	0.02
Revenue Growth (YoY)	-58.10%	-3.48%	-5.33%	232893.33%	-99.67%
Cost of Revenue	11.21	19.82	22.72	28.39	0.02
Gross Profit	2.17	12.12	10.36	6.56	-0.01
Selling, General & Admin	4.5	8.67	7.35	1.49	0.21
Other Operating Expenses	1.14	0.99	0.11	0.49	0.01
Operating Expenses	5.65	9.66	7.46	1.98	0.22
Operating Income	-3.47	2.46	2.9	4.58	-0.22
Interest Expense	-15.61	-0.24	-0.09	-0.08	-0.01
Interest & Investment Income	-	0.06	-	0.05	0.45
Currency Exchange Gain (Loss)	-	-0.04	-	-	-
Other Non Operating Income (Expenses)	0	0	-0.03	-0.02	-0.02
EBT Excluding Unusual Items	-19.08	2.24	2.79	4.53	0.2
Impairment of Goodwill	-	-24.5	-	-13.85	-
Gain (Loss) on Sale of Investments	10.28	-0.69	-0.07	-0.18	-3.01
Gain (Loss) on Sale of Assets	-	-	-	0.02	-0.01
Asset Writedown	-	0.02	0.02	0.01	0.02
Other Unusual Items	-	-	-	-	-0.01
Pretax Income	-8.79	-22.94	2.74	-9.46	-2.81
Income Tax Expense	-0.06	1.77	0.42	1.13	-0.57
Earnings From Continuing Operations	-8.73	-24.71	2.32	-10.59	-2.24
Minority Interest in Earnings	0	-0.21	-0.96	-1.53	-
Net Income	-8.73	-24.92	1.36	-12.12	-2.24
Net Income to Common	-8.73	-24.92	1.36	-12.12	-2.24
Shares Outstanding (Basic)	321	321	311	311	111
Shares Outstanding (Diluted)	321	321	311	311	111
Shares Change (YoY)	-	3.21%	-	180.18%	-
EPS (Basic)	-0.03	-0.08	0.00	-0.04	-0.02
EPS (Diluted)	-0.03	-0.08	0.00	-0.04	-0.02
Free Cash Flow	-2.63	3.66	-1.17	1.5	-0.04
Free Cash Flow Per Share	-0.01	0.01	-0.00	0.01	-
Gross Margin	16.23%	37.94%	31.32%	18.77%	-40.00%
Operating Margin	-25.95%	7.69%	8.77%	13.11%	-1480.00%
Profit Margin	-65.24%	-78.03%	4.10%	-34.69%	-14926.67%
Free Cash Flow Margin	-19.63%	11.47%	-3.53%	4.28%	-253.33%
EBITDA	-3.19	2.61	3.07	4.73	-0.01
EBITDA Margin	-23.80%	8.17%	9.28%	13.53%	-86.67%
D&A For EBITDA	0.29	0.15	0.17	0.15	0.21
EBIT	-3.47	2.46	2.9	4.58	-0.22
EBIT Margin	-25.95%	7.69%	8.77%	13.11%	-
Effective Tax Rate	-	-	15.38%	-	-
Revenue as Reported	13.38	31.94	33.09	34.95	0.02

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