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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	116.05	99.82	73.67	62.8	40.31
Revenue Growth (YoY)	27.42%	35.50%	17.30%	55.79%	-
Cost of Revenue	34.37	32.65	28.08	19.54	8.12
Gross Profit	81.68	67.17	45.59	43.26	32.19
Selling, General & Admin	52.55	41.12	30.77	24.25	15.49
Other Operating Expenses	2.7	-4.85	1.64	1.29	0.53
Operating Expenses	56.65	37.39	32.88	26.54	16.89
Operating Income	25.03	29.78	12.7	16.72	15.3
Interest Expense	-0	-0	-0	-0	-0
Interest & Investment Income	1.22	0.7	0.42	0.1	-
Other Non Operating Income (Expenses)	-0.65	0.23	-0.88	0.48	0.12
EBT Excluding Unusual Items	25.6	30.72	12.24	17.3	15.42
Gain (Loss) on Sale of Investments	-	-0	-	-	-
Gain (Loss) on Sale of Assets	0.04	0.06	0.01	0.02	0.02
Asset Writedown	-	0.69	-0.76	0.44	-1.21
Pretax Income	25.64	31.46	11.5	17.75	14.23
Income Tax Expense	2.33	2.57	0.43	0.61	0.44
Net Income	23.31	28.89	11.06	17.15	13.8
Net Income to Common	23.31	28.89	11.06	17.15	13.8
Net Income Growth	-5.63%	161.17%	-35.48%	24.27%	-
Shares Outstanding (Basic)	-	11	10	10	-
Shares Outstanding (Diluted)	-	11	10	10	-
Shares Change (YoY)	-	1.85%	1.91%	-	-
EPS (Basic)	-	2.73	1.07	1.68	-
EPS (Diluted)	-	2.73	1.07	1.68	-
EPS Growth	-	156.41%	-36.70%	-	-
Free Cash Flow	19.26	23.87	9.27	20.7	12.29
Free Cash Flow Per Share	-	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	70.38%	67.29%	61.88%	68.88%	79.85%
Operating Margin	21.57%	29.83%	17.24%	26.63%	37.96%
Profit Margin	20.08%	28.94%	15.02%	27.30%	34.23%
Free Cash Flow Margin	16.59%	23.91%	12.58%	32.95%	30.48%
EBITDA	26.43	30.9	13.17	17.72	16.17
EBITDA Margin	22.78%	30.95%	17.88%	28.21%	40.12%
D&A For EBITDA	1.4	1.12	0.47	0.99	0.87
EBIT	25.03	29.78	12.7	16.72	15.3
EBIT Margin	21.57%	29.83%	17.24%	26.63%	37.96%
Effective Tax Rate	9.10%	8.18%	3.77%	3.43%	3.06%
Revenue as Reported	115.67	99.75	73.91	62.8	40.31

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