PJP Makrum 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	492.5	444.49	427.21	532.41	312.07
Revenue Growth (YoY)	10.80%	4.05%	-19.76%	70.61%	-8.72%
Cost of Revenue	401.98	354.75	334.54	429.28	256.19
Gross Profit	90.52	89.74	92.67	103.13	55.88
Selling, General & Admin	77.67	76.71	70.53	66.82	52.33
Other Operating Expenses	-1.45	0.4	0.09	0.35	-0.42
Operating Expenses	77.81	78.54	71.49	67.47	52.86
Operating Income	12.71	11.21	21.18	35.67	3.02
Interest Expense	-13.61	-8.76	-5.99	-3.49	-1.1
Interest & Investment Income	7.97	11.94	7.69	6.04	3.88
Currency Exchange Gain (Loss)	-	0.49	1.72	-1.25	0.03
Other Non Operating Income (Expenses)	2.13	-3.73	-2.09	-0.95	-1.59
EBT Excluding Unusual Items	9.2	11.14	22.51	36.01	4.25
Impairment of Goodwill	-	-0.02	-1	-	-
Gain (Loss) on Sale of Assets	-	-0.02	0.73	0.08	0.06
Asset Writedown	-	1.06	0.56	-0.72	-0.76
Other Unusual Items	-	0.16	0.17	0.22	-
Pretax Income	9.2	12.32	22.96	35.59	3.55
Income Tax Expense	2.99	1.86	5.29	7.04	1.67
Net Income	6.21	10.46	17.67	28.55	1.88
Net Income to Common	6.21	10.46	17.67	28.55	1.88
Net Income Growth	-40.59%	-40.82%	-38.12%	1420.23%	-87.37%
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
EPS (Basic)	1.04	1.75	2.95	4.77	0.31
EPS (Diluted)	1.04	1.75	2.95	4.77	0.31
EPS Growth	-40.59%	-40.76%	-38.16%	1438.71%	-87.53%
Free Cash Flow	21.37	3.14	12.23	20.94	10.13
Free Cash Flow Per Share	3.57	0.53	2.04	3.50	1.69
Dividend Per Share	-	0.510	1.400	0.510	-
Dividend Growth	-	-63.57%	174.51%	-	-
Gross Margin	18.38%	20.19%	21.69%	19.37%	17.91%
Operating Margin	2.58%	2.52%	4.96%	6.70%	0.97%
Profit Margin	1.26%	2.35%	4.13%	5.36%	0.60%
Free Cash Flow Margin	4.34%	0.71%	2.86%	3.93%	3.25%
EBITDA	17.55	15.42	25.07	39.24	5.32
EBITDA Margin	3.56%	3.47%	5.87%	7.37%	1.70%
D&A For EBITDA	4.84	4.22	3.89	3.57	2.3
EBIT	12.71	11.21	21.18	35.67	3.02
EBIT Margin	2.58%	2.52%	4.96%	6.70%	0.97%
Effective Tax Rate	32.48%	15.10%	23.06%	19.79%	47.04%

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