Mineral Midrange 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
Revenue	17.61	16.13	12.62	9.1	9.48	9.01
Revenue Growth (YoY)	51.65%	27.80%	38.69%	-4.04%	5.24%	-3.40%
Cost of Revenue	11.31	10.52	8.11	4.83	5.54	5.14
Gross Profit	6.31	5.6	4.51	4.27	3.94	3.87
Selling, General & Admin	4.64	4.02	3.75	3.57	3.33	3.1
Other Operating Expenses	0.1	0.12	0.09	0.11	0.04	-0.02
Operating Expenses	5.01	4.41	4.08	3.82	3.47	3.2
Operating Income	1.29	1.19	0.42	0.46	0.47	0.67
Interest Expense	-0.05	-0.05	-0.06	-0.04	-0.02	-0.02
Interest & Investment Income	0.02	0.02	0.02	0.03	0.03	0.04
Other Non Operating Income (Expenses)	-0.02	-0.03	-0.06	-0.01	-0.01	0
EBT Excluding Unusual Items	1.25	1.13	0.32	0.44	0.47	0.69
Gain (Loss) on Sale of Assets	0.01	0	0.03	0	-	-
Pretax Income	1.25	1.13	0.36	0.44	0.47	0.69
Income Tax Expense	0.18	0.25	0.1	0.11	0.1	0.15
Net Income	1.07	0.88	0.26	0.33	0.37	0.53
Net Income to Common	1.07	0.88	0.26	0.33	0.37	0.53
Net Income Growth	323.26%	244.71%	-21.77%	-11.13%	-30.72%	69.22%
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	-	-	-	-	-	-0.05%
EPS (Basic)	0.24	0.20	0.06	0.07	0.08	0.12
EPS (Diluted)	0.24	0.20	0.06	0.07	0.08	0.12
EPS Growth	323.27%	244.71%	-21.77%	-11.13%	-30.72%	69.30%
Free Cash Flow	0.21	-0.71	0.53	0.15	0.09	0.34
Free Cash Flow Per Share	0.05	-0.16	0.12	0.03	0.02	0.08
Dividend Per Share	-	-	-	-	0.002	-
Gross Margin	35.80%	34.75%	35.70%	46.96%	41.52%	42.95%
Operating Margin	7.35%	7.40%	3.35%	5.02%	4.98%	7.39%
Profit Margin	6.09%	5.49%	2.03%	3.60%	3.89%	5.91%
Free Cash Flow Margin	1.22%	-4.42%	4.23%	1.64%	0.98%	3.78%
EBITDA	1.56	1.47	0.66	0.59	0.58	0.79
EBITDA Margin	8.88%	9.11%	5.27%	6.50%	6.07%	8.73%
D&A For EBITDA	0.27	0.27	0.24	0.14	0.1	0.12
EBIT	1.29	1.19	0.42	0.46	0.47	0.67
EBIT Margin	7.35%	7.40%	3.35%	5.02%	4.98%	7.39%
Effective Tax Rate	14.41%	21.78%	27.86%	24.96%	22.07%	22.47%
Revenue as Reported	17.61	16.13	12.62	9.1	9.48	9.01

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