Rank Progress S.A. (WSE:RNK)

Rank Progress Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	69.41	160.07	70.92	61.09	61.48	119.37
Revenue Growth (YoY)	-55.11%	125.70%	16.09%	-0.63%	-48.50%	14.76%
Cost of Revenue	10.88	37.28	18.78	18.88	22.35	66.97
Gross Profit	58.53	122.79	52.15	42.21	39.12	52.39
Selling, General & Admin	26	25.26	19.59	14.78	15.1	15.41
Other Operating Expenses	16.18	16.62	8.74	14.91	15.86	-6.88
Operating Expenses	42.18	41.88	28.33	29.69	30.96	8.53
Operating Income	16.35	80.92	23.82	12.53	8.17	43.87
Interest Expense	-13.5	-15.77	-18.55	-9.98	-10.66	-10.05
Interest & Investment Income	8.65	10.21	16.39	6.35	2.09	1.24
Earnings From Equity Investments	15.74	-2.71	10.7	15.61	14.17	10.98
Currency Exchange Gain (Loss)	0.86	3.76	19.26	-5.07	1.04	-22.53
Other Non Operating Income (Expenses)	-5.67	-13.18	-6.59	-2.07	0.54	7.4
EBT Excluding Unusual Items	22.42	63.23	45.04	17.37	15.35	30.91
Gain (Loss) on Sale of Investments	-0.22	-0.22	-0.15	-0.07	-1.84	-
Gain (Loss) on Sale of Assets	2.27	2.27	2.05	-0.46	1.15	13.22
Asset Writedown	-1.27	-3.36	-29.98	22.59	-8.17	25.47
Legal Settlements	-0.3	-0.3	-0.49	-0.48	-0.5	-0.26
Pretax Income	22.91	61.63	16.47	38.96	5.98	69.35
Income Tax Expense	17.48	21.08	-3.62	13.33	3.61	14.88
Net Income	5.43	40.55	20.09	25.63	2.37	54.47
Net Income to Common	5.43	40.55	20.09	25.63	2.37	54.47
Net Income Growth	-89.95%	101.82%	-21.59%	979.90%	-95.64%	574.01%
Shares Outstanding (Basic)	37	37	37	37	37	37
Shares Outstanding (Diluted)	37	37	37	37	37	37
EPS (Basic)	0.15	1.09	0.54	0.69	0.06	1.47
EPS (Diluted)	0.14	1.09	0.54	0.69	0.06	1.46
EPS Growth	-90.36%	101.85%	-21.70%	1049.41%	-95.89%	571.34%
Free Cash Flow	11.32	64.76	-39.72	0.67	4.77	10.29
Free Cash Flow Per Share	0.30	1.74	-1.07	0.02	0.13	0.28
Gross Margin	84.32%	76.71%	73.53%	69.09%	63.64%	43.89%
Operating Margin	23.55%	50.55%	33.59%	20.50%	13.28%	36.75%
Profit Margin	7.82%	25.33%	28.33%	41.95%	3.86%	45.63%
Free Cash Flow Margin	16.31%	40.46%	-56.00%	1.09%	7.76%	8.62%
EBITDA	17.65	82.2	24.92	13.37	8.83	44.53
EBITDA Margin	25.44%	51.35%	35.14%	21.88%	14.36%	37.31%
D&A For EBITDA	1.31	1.28	1.1	0.84	0.66	0.66
EBIT	16.35	80.92	23.82	12.53	8.17	43.87
EBIT Margin	23.55%	50.55%	33.59%	20.50%	13.28%	36.75%
Effective Tax Rate	76.30%	34.21%	-	34.22%	60.34%	21.46%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.