Voxel 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	583.79	507.77	424.18	360.64	442.66
Revenue Growth (YoY)	14.97%	19.71%	17.62%	-18.53%	35.10%
Cost of Revenue	415.84	353.61	289.07	256.54	316.33
Gross Profit	167.95	154.16	135.12	104.1	126.33
Selling, General & Admin	36.21	27.54	24.26	22.5	24.73
Other Operating Expenses	-1.2	-2.27	-1.29	-1.74	-2.06
Operating Expenses	35.01	25.28	22.97	20.76	22.67
Operating Income	132.93	128.88	112.15	83.34	103.66
Interest Expense	-10.01	-9.16	-10.54	-10.44	-5.71
Interest & Investment Income	-	1.62	1.36	0.35	0.31
Earnings From Equity Investments	-	-0.99	-0.29	-0.82	0.06
Currency Exchange Gain (Loss)	-	0.36	-0.1	-0.05	-0.37
Other Non Operating Income (Expenses)	1.33	-0.02	-0.92	-0.15	-3.12
EBT Excluding Unusual Items	124.25	120.69	101.66	72.22	94.82
Impairment of Goodwill	-	-	-	-	-4.36
Gain (Loss) on Sale of Investments	-	8.93	-	-	-
Gain (Loss) on Sale of Assets	-	-9.02	0.57	-1.63	-0.17
Asset Writedown	-	-1.02	-	-1.42	-0.79
Pretax Income	124.25	119.58	102.23	69.17	89.51
Income Tax Expense	23.97	21.85	20.02	13.66	17.8
Earnings From Continuing Operations	100.28	97.73	82.21	55.52	71.71
Earnings From Discontinued Operations	-	-	-6.69	-9.89	-
Net Income to Company	100.28	97.73	75.52	45.62	71.71
Minority Interest in Earnings	-1.75	-1.28	-1.32	-1.2	-1.16
Net Income	98.53	96.45	74.2	44.43	70.55
Net Income to Common	98.53	96.45	74.2	44.43	70.55
Net Income Growth	2.16%	29.98%	67.02%	-37.03%	107.74%
Shares Outstanding (Basic)	-	11	11	11	11
Shares Outstanding (Diluted)	-	11	11	11	11
EPS (Basic)	-	9.18	7.07	4.23	6.72
EPS (Diluted)	-	9.18	7.06	4.23	6.72
EPS Growth	-	30.02%	67.06%	-37.06%	107.97%
Free Cash Flow	40.87	51.72	84.76	65.19	74.67
Free Cash Flow Per Share	-	4.92	8.07	6.21	7.11
Dividend Per Share	-	4.780	2.780	2.170	3.000
Dividend Growth	-	71.94%	28.11%	-27.67%	50.00%
Gross Margin	28.77%	30.36%	31.85%	28.86%	28.54%
Operating Margin	22.77%	25.38%	26.44%	23.11%	23.42%
Profit Margin	16.88%	19.00%	17.49%	12.32%	15.94%
Free Cash Flow Margin	7.00%	10.18%	19.98%	18.08%	16.87%
EBITDA	188.08	160.4	138.57	108.75	126.51
EBITDA Margin	32.22%	31.59%	32.67%	30.15%	28.58%
D&A For EBITDA	55.15	31.51	26.42	25.42	22.85
EBIT	132.93	128.88	112.15	83.34	103.66
EBIT Margin	22.77%	25.38%	26.44%	23.11%	23.42%
Effective Tax Rate	19.29%	18.27%	19.59%	19.74%	19.88%

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