Software Mansion Income Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	121.29	118.13	99.82	73.67	62.8	40.31
Revenue Growth (YoY)	13.82%	18.34%	35.50%	17.30%	55.79%	-
Cost of Revenue	39.78	34.64	32.65	28.08	19.54	8.12
Gross Profit	81.5	83.49	67.17	45.59	43.26	32.19
Selling, General & Admin	58.72	55.46	41.12	30.77	24.25	15.49
Other Operating Expenses	2.33	2.25	-4.85	1.64	1.29	0.53
Operating Expenses	63.02	59.24	37.39	32.88	26.54	16.89
Operating Income	18.49	24.25	29.78	12.7	16.72	15.3
Interest Expense	-	-0	-0	-0	-0	-0
Interest & Investment Income	1.7	1.17	0.7	0.42	0.1	-
Other Non Operating Income (Expenses)	-0.98	-1.48	0.23	-0.88	0.48	0.12
EBT Excluding Unusual Items	19.21	23.94	30.72	12.24	17.3	15.42
Gain (Loss) on Sale of Investments	-1.81	-1.81	-0	-	-	-
Gain (Loss) on Sale of Assets	-0.02	-0.02	0.06	0.01	0.02	0.02
Asset Writedown	-	-	0.69	-0.76	0.44	-1.21
Pretax Income	17.38	22.11	31.46	11.5	17.75	14.23
Income Tax Expense	2.15	1.58	2.57	0.43	0.61	0.44
Net Income	15.23	20.54	28.89	11.06	17.15	13.8
Net Income to Common	15.23	20.54	28.89	11.06	17.15	13.8
Net Income Growth	-49.07%	-28.92%	161.17%	-35.48%	24.27%	-
Shares Outstanding (Basic)	11	11	11	10	10	-
Shares Outstanding (Diluted)	11	11	11	10	10	-
Shares Change (YoY)	1.37%	1.09%	1.85%	1.91%	-	-
EPS (Basic)	1.42	1.92	2.73	1.07	1.68	-
EPS (Diluted)	1.42	1.92	2.73	1.07	1.68	-
EPS Growth	-49.75%	-29.68%	156.41%	-36.70%	-	-
Free Cash Flow	11.47	19.69	23.87	9.27	20.7	12.29
Free Cash Flow Per Share	1.07	1.84	2.26	0.89	2.03	-
Dividend Per Share	-	-	2.000	0.970	0.800	-
Dividend Growth	-	-	106.19%	21.25%	-	-
Gross Margin	67.20%	70.68%	67.29%	61.88%	68.88%	79.85%
Operating Margin	15.24%	20.53%	29.83%	17.24%	26.63%	37.96%
Profit Margin	12.56%	17.38%	28.94%	15.02%	27.30%	34.23%
Free Cash Flow Margin	9.46%	16.67%	23.91%	12.58%	32.95%	30.48%
EBITDA	20.46	25.79	30.9	13.17	17.72	16.17
EBITDA Margin	16.87%	21.83%	30.95%	17.88%	28.21%	40.12%
D&A For EBITDA	1.97	1.53	1.12	0.47	0.99	0.87
EBIT	18.49	24.25	29.78	12.7	16.72	15.3
EBIT Margin	15.24%	20.53%	29.83%	17.24%	26.63%	37.96%
Effective Tax Rate	12.36%	7.13%	8.18%	3.77%	3.43%	3.06%
Revenue as Reported	121.11	117.96	99.75	73.91	62.8	40.31

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