Newag S.A. (WSE:NWG)

Newag Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,386	1,589	1,231	963.86	917.55
Revenue Growth (YoY)	50.14%	29.10%	27.73%	5.05%	-30.49%
Cost of Revenue	1,717	1,255	969.68	815.39	745.17
Gross Profit	669.43	334.08	261.42	148.47	172.38
Selling, General & Admin	181.08	141.3	118.64	99.41	94.72
Other Operating Expenses	15.51	-4.91	-1.7	-4.92	-5.66
Operating Expenses	196.59	136.39	117.71	94.5	89.05
Operating Income	472.85	197.69	143.71	53.97	83.33
Interest Expense	-10.89	-14.6	-28.49	-34.36	-10.41
Interest & Investment Income	11.86	17.05	9.97	1.88	2.05
Currency Exchange Gain (Loss)	-	0.29	-0.79	0.85	-2.16
Other Non Operating Income (Expenses)	-9.84	-12.79	-9.53	-0.31	-3.77
EBT Excluding Unusual Items	463.98	187.64	114.88	22.04	69.04
Merger & Restructuring Charges	-0.02	-0.68	-	-	-
Gain (Loss) on Sale of Assets	-0.5	0.15	1.96	0.86	9.02
Asset Writedown	-31.49	-20.18	-3.92	-1.55	-4.93
Legal Settlements	-0.25	-16.57	0.08	0.31	0.05
Other Unusual Items	-	-	-	-	6.21
Pretax Income	431.73	150.37	113	21.66	79.38
Income Tax Expense	75.19	27.56	17.92	-1.08	8.11
Earnings From Continuing Operations	356.54	122.81	95.08	22.75	71.27
Earnings From Discontinued Operations	-	-0.09	-	-	-
Net Income to Company	356.54	122.72	95.08	22.75	71.27
Minority Interest in Earnings	-0.65	-0.59	0.1	0.01	0.39
Net Income	355.9	122.13	95.18	22.76	71.66
Net Income to Common	355.9	122.13	95.18	22.76	71.66
Net Income Growth	191.40%	28.31%	318.19%	-68.24%	-67.23%
Shares Outstanding (Basic)	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45
EPS (Basic)	7.91	2.71	2.12	0.51	1.59
EPS (Diluted)	7.91	2.71	2.11	0.51	1.59
EPS Growth	191.40%	28.63%	317.16%	-68.24%	-67.23%
Free Cash Flow	426.83	-79.18	661.83	-20.65	74.3
Free Cash Flow Per Share	9.48	-1.76	14.71	-0.46	1.65
Dividend Per Share	-	2.000	0.960	-	0.250
Dividend Growth	-	108.33%	-	-	-83.33%
Gross Margin	28.05%	21.02%	21.23%	15.40%	18.79%
Operating Margin	19.81%	12.44%	11.67%	5.60%	9.08%
Profit Margin	14.91%	7.68%	7.73%	2.36%	7.81%
Free Cash Flow Margin	17.89%	-4.98%	53.76%	-2.14%	8.10%
EBITDA	515.04	229.93	172.41	81.76	111.78
EBITDA Margin	21.58%	14.47%	14.00%	8.48%	12.18%
D&A For EBITDA	42.2	32.23	28.7	27.79	28.45
EBIT	472.85	197.69	143.71	53.97	83.33
EBIT Margin	19.81%	12.44%	11.67%	5.60%	9.08%
Effective Tax Rate	17.41%	18.32%	15.86%	-	10.22%

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