ZMSE:BAT Income Statement

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

Millions USD. 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	29.09	36.42	47.23	361.77	50.33
Revenue Growth (YoY)	-20.12%	-22.89%	-86.94%	618.85%	386.74%
Cost of Revenue	9.86	10.47	7.27	89.68	17.8
Gross Profit	19.24	25.95	39.96	272.09	32.53
Selling, General & Admin	8.61	6.97	7.19	79.08	12.25
Other Operating Expenses	-5.57	-0.04	-0.07	-1.53	-0.16
Operating Expenses	3.11	7.05	7.22	76.81	12.31
Operating Income	16.12	18.9	32.75	195.28	20.22
Interest Expense	-	-3.11	-	-	-0.13
Interest & Investment Income	-	-	1.47	12.07	-
Currency Exchange Gain (Loss)	-	-3.9	-4.6	-33.71	-0.88
Other Non Operating Income (Expenses)	0.01	-	-	-39.25	3.97
EBT Excluding Unusual Items	16.13	11.89	29.62	134.39	23.18
Gain (Loss) on Sale of Investments	-	-0.02	0.03	-0.32	0.06
Gain (Loss) on Sale of Assets	-	1.22	0.11	0.02	-0
Other Unusual Items	-	-17.07	-15.54	-	-
Pretax Income	16.13	-3.99	14.21	134.09	23.24
Income Tax Expense	4.59	3.12	5.13	59.64	8.3
Net Income	11.54	-7.11	9.07	74.44	14.94
Net Income to Common	11.54	-7.11	9.07	74.44	14.94
Net Income Growth	-	-	-87.81%	398.44%	4807.04%
Shares Outstanding (Basic)	21	21	21	21	17
Shares Outstanding (Diluted)	21	21	21	21	17
Shares Change (YoY)	-0.17%	-	-0.00%	18.71%	-
EPS (Basic)	0.56	-0.34	0.44	3.61	0.86
EPS (Diluted)	0.56	-0.34	0.44	3.61	0.86
EPS Growth	-	-	-87.81%	319.88%	4807.16%
Free Cash Flow	9.12	5.9	19.2	12.94	9.82
Free Cash Flow Per Share	0.44	0.29	0.93	0.63	0.56
Dividend Per Share	-	0.200	-	0.274	-
Gross Margin	66.12%	71.25%	84.61%	75.21%	64.64%
Operating Margin	55.41%	51.90%	69.33%	53.98%	40.17%
Profit Margin	39.65%	-19.52%	19.21%	20.58%	29.68%
Free Cash Flow Margin	31.36%	16.21%	40.66%	3.58%	19.52%
EBITDA	16.76	19.51	32.86	196.64	20.63
EBITDA Margin	57.61%	53.56%	69.57%	54.36%	40.99%
D&A For EBITDA	0.64	0.61	0.11	1.36	0.41
EBIT	16.12	18.9	32.75	195.28	20.22
EBIT Margin	55.41%	51.90%	69.33%	53.98%	40.17%
Effective Tax Rate	28.48%	-	36.13%	44.48%	35.73%

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