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
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
Revenue	87.47	117.96	99.75	73.91	62.8
Revenue Growth (YoY)	-18.05%	18.25%	34.97%	17.69%	-
Cost of Revenue	102.28	93.66	76.28	60.8	45.57
Gross Profit	-14.81	24.3	23.47	13.11	17.23
Other Operating Expenses	0.24	0.07	-7.06	1.16	0.05
Total Operating Expenses	0.24	0.07	-7.06	1.16	0.05
Operating Income	17.84	24.23	30.53	11.95	17.18
Interest Income	0.96	1.17	0.95	0.42	0.6
Interest Expense	-0.9	-3.28	-0.02	-0.88	-0.02
Total Non-Operating Income (Expense)	0.06	-2.12	0.93	-0.46	0.57
Pretax Income	17.89	22.11	31.46	11.5	17.75
Provision for Income Taxes	-	1.58	2.57	0.43	0.61
Net Income	17.89	20.54	28.89	11.06	17.15
Net Income to Common	17.89	20.54	28.89	11.06	17.15
Net Income Growth	-43.73%	-28.92%	161.17%	-35.48%	-
Shares Outstanding (Basic)	11	11	11	10	10
Shares Outstanding (Diluted)	11	11	11	10	10
Shares Change (YoY)	1.93%	0.58%	1.85%	1.91%	-
EPS (Basic)	1.68	1.93	2.73	1.07	1.68
EPS (Diluted)	1.68	1.93	2.73	1.07	1.68
EPS Growth	-44.80%	-29.33%	156.41%	-36.70%	-
Free Cash Flow	18.39	26.34	26.15	14.54	21.85
Free Cash Flow Growth	-43.73%	0.72%	79.86%	-33.46%	-
Free Cash Flow Per Share	1.73	2.48	2.48	1.40	2.15
Dividends Per Share	-	-	2.000	0.970	0.800
Dividend Growth	-	-	106.19%	21.25%	-
Gross Margin	-16.93%	20.60%	23.53%	17.74%	27.43%
Operating Margin	20.39%	20.54%	30.61%	16.17%	27.36%
Profit Margin	20.46%	17.41%	28.96%	14.97%	27.30%
FCF Margin	21.03%	22.33%	26.22%	19.67%	34.79%
EBITDA	20.64	25.76	31.65	12.42	18.17
EBITDA Margin	23.59%	21.84%	31.73%	16.81%	28.94%
EBIT	17.84	24.23	30.53	11.95	17.18
EBIT Margin	20.39%	20.54%	30.61%	16.17%	27.36%
Effective Tax Rate	-	7.13%	8.18%	3.77%	3.43%