Remor Solar Polska 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	79.34	90.72	97.49	53.73	15.44
Revenue Growth (YoY)	-12.54%	-6.94%	81.43%	248.00%	-14.37%
Cost of Revenue	65.21	70.25	58.8	37.72	10.32
Gross Profit	14.13	20.47	38.69	16.02	5.12
Selling, General & Admin	9.35	18.95	21.73	6.3	2.85
Other Operating Expenses	1.74	5.23	6.95	1.87	0.65
Operating Expenses	12.93	25.68	29.56	8.42	3.62
Operating Income	1.2	-5.21	9.13	7.59	1.5
Interest Expense	-0.27	-0.64	-0.05	-0.15	-0.19
Interest & Investment Income	-	0.4	0.05	-	-
Other Non Operating Income (Expenses)	-0.1	-0.3	-1.27	0.08	0.04
EBT Excluding Unusual Items	0.83	-5.74	7.85	7.52	1.35
Gain (Loss) on Sale of Investments	-	-0.1	-3.36	-	-
Gain (Loss) on Sale of Assets	0.24	0.11	0.11	-	0.02
Asset Writedown	-	-	-0.74	-	-
Pretax Income	1.08	-5.73	3.87	7.52	1.37
Income Tax Expense	-	0.09	0.83	1.51	0.29
Net Income	1.08	-5.82	3.03	6.02	1.08
Net Income to Common	1.08	-5.82	3.03	6.02	1.08
Net Income Growth	-	-	-49.61%	457.13%	-27.31%
Shares Outstanding (Basic)	8	8	8	8	6
Shares Outstanding (Diluted)	8	8	8	8	6
Shares Change (YoY)	-	-	-	26.65%	-
EPS (Basic)	0.14	-0.76	0.40	0.79	0.18
EPS (Diluted)	0.14	-0.76	0.40	0.79	0.18
EPS Growth	-	-	-49.61%	339.90%	-27.31%
Free Cash Flow	3.69	-1.21	4.42	1.98	-2.16
Free Cash Flow Per Share	0.48	-0.16	0.58	0.26	-0.36
Dividend Per Share	-	-	0.110	0.100	-
Dividend Growth	-	-	10.00%	-	-
Gross Margin	17.81%	22.56%	39.69%	29.80%	33.15%
Operating Margin	1.52%	-5.74%	9.36%	14.13%	9.74%
Profit Margin	1.36%	-6.42%	3.11%	11.20%	7.00%
Free Cash Flow Margin	4.65%	-1.34%	4.53%	3.69%	-14.01%
EBITDA	3.05	-3.72	10.01	7.84	1.61
EBITDA Margin	3.84%	-4.10%	10.26%	14.60%	10.45%
D&A For EBITDA	1.85	1.49	0.88	0.25	0.11
EBIT	1.2	-5.21	9.13	7.59	1.5
EBIT Margin	1.52%	-5.74%	9.36%	14.13%	9.74%
Effective Tax Rate	-	-	21.56%	20.01%	21.27%
Revenue as Reported	83.33	89.05	104	54.73	15.44

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