Mentzen 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	18.07	19.2	21.58
Revenue Growth (YoY)	-5.88%	-11.00%	-
Cost of Revenue	4.67	8.35	9.59
Gross Profit	13.41	10.85	11.99
Selling, General & Admin	10.14	8.31	6.49
Other Operating Expenses	0.82	0.62	0.67
Operating Expenses	11.41	9.38	7.62
Operating Income	1.99	1.48	4.37
Interest Expense	-0.06	-0.1	-0.18
Interest & Investment Income	0.05	0.08	0.01
Other Non Operating Income (Expenses)	-0	-0.01	-0.02
EBT Excluding Unusual Items	1.98	1.44	4.18
Impairment of Goodwill	0.6	-	-
Gain (Loss) on Sale of Assets	0.05	-0.01	-
Asset Writedown	-	-	-0.2
Other Unusual Items	-	-	0.02
Pretax Income	2.63	1.43	4
Income Tax Expense	0.63	0.41	0.96
Earnings From Continuing Operations	2	1.02	3.04
Minority Interest in Earnings	-0.15	-0.17	-
Net Income	1.85	0.86	3.04
Net Income to Common	1.85	0.86	3.04
Net Income Growth	115.55%	-71.77%	-
Free Cash Flow	2.43	1.08	3.95
Gross Margin	74.17%	56.52%	55.57%
Operating Margin	11.03%	7.69%	20.27%
Profit Margin	10.23%	4.47%	14.08%
Free Cash Flow Margin	13.44%	5.61%	18.32%
EBITDA	2.44	1.93	4.83
EBITDA Margin	13.52%	10.06%	22.38%
D&A For EBITDA	0.45	0.46	0.46
EBIT	1.99	1.48	4.37
EBIT Margin	11.03%	7.69%	20.27%
Effective Tax Rate	23.98%	28.40%	24.08%
Revenue as Reported	18.07	-	-