Bullish 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	244,970	250,263	116,508	72,895	-
Revenue Growth (YoY)	-2.11%	114.80%	59.83%	-	-
Cost of Revenue	244,733	250,105	116,419	72,797	-
Gross Profit	237.24	158.48	88.28	97.98	-1,043
Selling, General & Admin	182.19	153.12	104.21	122.76	93.01
Other Operating Expenses	-	-	-	-	139.18
Total Operating Expenses	182.19	153.12	104.21	122.76	232.2
Operating Income	55.05	5.36	-15.93	-24.78	-1,276
Interest Income	-	-	-	-	1.51
Interest Expense	-52.37	-38.53	-2.98	-6.09	-0.04
Other Non-Operating Income (Expense)	-789.1	117.74	1,320	-4,097	-1,044
Total Non-Operating Income (Expense)	-841.47	79.21	1,317	-4,103	-1,042
Pretax Income	-786.41	84.57	1,301	-4,245	-1,401
Provision for Income Taxes	0.94	-5.01	-1.46	1.2	0.26
Net Income	-764.68	78.53	1,299	-4,246	-1,401
Minority Interest in Earnings	-20.79	1.04	0.85	-	-
Net Income Attributable to Preferred Dividends	-	-	-	-116.63	-126.8
Net Income to Common	-764.68	78.53	1,299	-4,246	-1,401
Net Income Growth	-	-93.96%	-	-	-
Shares Outstanding (Basic)	128	113	113	113	113
Shares Outstanding (Diluted)	128	115	122	113	113
Shares Change (YoY)	10.68%	-5.55%	8.61%	-	-
EPS (Basic)	-5.99	0.70	11.55	-37.74	-12.46
EPS (Diluted)	-5.99	0.68	10.63	-37.74	-12.46
EPS Growth	-	-93.60%	-	-	-
Free Cash Flow	18.7	-30.37	-127.63	193.64	-123.03
Free Cash Flow Per Share	0.15	-0.26	-1.04	1.72	-1.09
Dividends Per Share	-	-	-	-	3.300
Gross Margin	0.10%	0.06%	0.08%	0.13%	-
Operating Margin	0.02%	0.00%	-0.01%	-0.03%	-
Profit Margin	-0.32%	0.03%	1.12%	-5.82%	-
FCF Margin	0.01%	-0.01%	-0.11%	0.27%	-
EBITDA	62.12	13.91	-10.51	-21.18	-1,275
EBITDA Margin	0.03%	0.01%	-0.01%	-0.03%	-
EBIT	55.05	5.36	-15.93	-24.78	-1,276
EBIT Margin	0.02%	0.00%	-0.01%	-0.03%	-
Effective Tax Rate	-0.12%	-5.92%	-0.11%	-0.03%	-0.02%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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