Software Mansion 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	112.23	99.82	73.67	62.8	40.31
Revenue Growth (YoY)	28.61%	35.50%	17.30%	55.79%	-
Cost of Revenue	33.97	32.65	28.08	19.54	8.12
Gross Profit	78.26	67.17	45.59	43.26	32.19
Selling, General & Admin	48.26	41.12	30.77	24.25	15.49
Other Operating Expenses	2.28	-4.85	1.64	1.29	0.53
Operating Expenses	51.85	37.39	32.88	26.54	16.89
Operating Income	26.42	29.78	12.7	16.72	15.3
Interest Expense	-0	-0	-0	-0	-0
Interest & Investment Income	1.15	0.7	0.42	0.1	-
Other Non Operating Income (Expenses)	-1.17	0.23	-0.88	0.48	0.12
EBT Excluding Unusual Items	26.39	30.72	12.24	17.3	15.42
Gain (Loss) on Sale of Investments	-	-0	-	-	-
Gain (Loss) on Sale of Assets	0.05	0.06	0.01	0.02	0.02
Asset Writedown	-0.06	0.69	-0.76	0.44	-1.21
Pretax Income	26.38	31.46	11.5	17.75	14.23
Income Tax Expense	2.44	2.57	0.43	0.61	0.44
Net Income	23.94	28.89	11.06	17.15	13.8
Net Income to Common	23.94	28.89	11.06	17.15	13.8
Net Income Growth	-2.09%	161.17%	-35.48%	24.27%	-
Shares Outstanding (Basic)	11	11	10	10	-
Shares Outstanding (Diluted)	11	11	10	10	-
Shares Change (YoY)	2.64%	1.85%	1.91%	-	-
EPS (Basic)	2.25	2.73	1.07	1.68	-
EPS (Diluted)	2.25	2.73	1.07	1.68	-
EPS Growth	-4.61%	156.41%	-36.70%	-	-
Free Cash Flow	26.45	23.87	9.27	20.7	12.29
Free Cash Flow Per Share	2.48	2.26	0.89	2.03	-
Dividend Per Share	2.000	2.000	0.970	0.800	-
Dividend Growth	106.19%	106.19%	21.25%	-	-
Gross Margin	69.73%	67.29%	61.88%	68.88%	79.85%
Operating Margin	23.54%	29.83%	17.24%	26.63%	37.96%
Profit Margin	21.33%	28.94%	15.02%	27.30%	34.23%
Free Cash Flow Margin	23.57%	23.91%	12.58%	32.95%	30.48%
EBITDA	27.73	30.9	13.17	17.72	16.17
EBITDA Margin	24.70%	30.95%	17.88%	28.21%	40.12%
D&A For EBITDA	1.31	1.12	0.47	0.99	0.87
EBIT	26.42	29.78	12.7	16.72	15.3
EBIT Margin	23.54%	29.83%	17.24%	26.63%	37.96%
Effective Tax Rate	9.25%	8.18%	3.77%	3.43%	3.06%
Revenue as Reported	111.8	99.75	73.91	62.8	40.31

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