BAER 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 2024	FY 2023	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023
Revenue	122.83	98.61	98.6	66.71	66.7
Revenue Growth (YoY)	24.56%	0.01%	47.81%	0.01%	43.79%
Cost of Revenue	71.15	57.48	57.5	41.34	41.3
Gross Profit	51.68	41.14	41.1	25.37	25.4
Selling, General & Admin	36.28	35.82	-	82.86	-
Total Operating Expenses	36.28	35.82	0	82.86	0
Operating Income	15.4	5.32	41.1	-57.5	25.4
Interest Expense	23.26	23.71	-	-23.22	-
Other Non-Operating Income (Expense)	11.79	2.07	-	3.21	-
Total Non-Operating Income (Expense)	35.05	25.78	-	-20.01	-
Pretax Income	3.93	-16.33	41.1	-77.66	25.4
Provision for Income Taxes	0.22	0.76	-	0.3	-
Net Income	-22.94	-40.91	-15.6	8.52	-77.4
Net Income Attributable to Preferred Dividends	27.08	25.34	-	-85.88	-
Net Income to Common	-22.94	-40.91	-15.6	8.52	-77.4
Shares Outstanding (Basic)	54	51	47	45	46
Shares Outstanding (Diluted)	54	51	47	78	46
Shares Change (YoY)	7.44%	6.89%	-39.03%	67.92%	14.60%
EPS (Basic)	-0.42	-0.81	-0.33	0.19	-1.68
EPS (Diluted)	-0.42	-0.81	-0.33	-1.00	-1.68
Free Cash Flow	-64.21	5.27	0	-47.55	-47.55
Free Cash Flow Per Share	-1.18	0.10	-	-0.61	-
Gross Margin	42.08%	41.72%	41.68%	38.03%	38.08%
Operating Margin	12.54%	5.39%	41.68%	-86.19%	38.08%
Profit Margin	3.02%	-17.33%	-15.82%	-115.97%	-116.04%
FCF Margin	-52.28%	5.35%	0.00%	-71.27%	-71.28%
EBITDA	30.87	22.77	41.1	-46.41	36.49
EBITDA Margin	25.13%	23.09%	41.68%	-69.57%	54.71%
EBIT	15.4	5.32	41.1	-57.5	25.4
EBIT Margin	12.54%	5.39%	41.68%	-86.19%	38.08%
Effective Tax Rate	5.48%	-4.67%	0.00%	-0.39%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q