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	1,323
Revenue Growth (YoY)	-2.11%	114.80%	59.83%	5409.52%	-
Cost of Revenue	244,733	250,105	116,419	72,797	1,321
Gross Profit	237.24	158.48	88.28	97.98	1.8
Selling, General & Admin	182.19	153.12	104.21	122.76	205.69
Other Operating Expenses	60.43	46.08	34.47	52.89	26.51
Total Operating Expenses	242.61	199.2	138.68	175.64	232.2
Operating Income	-5.37	-40.72	-50.39	-77.67	-230.39
Interest Expense	-52.37	-38.53	-2.98	-6.09	-0.04
Other Non-Operating Income (Expense)	-728.67	163.82	1,355	-4,161	-1,171
Total Non-Operating Income (Expense)	-781.04	125.29	1,352	-4,167	-1,171
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	2,424
Minority Interest in Earnings	-20.79	1.04	0.85	-	-
Net Income to Common	-764.68	78.53	1,299	-4,246	2,424
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%	-	-	-
Shares Outstanding	150.83	-	-	-	-
Free Cash Flow	18.7	-30.37	-127.63	193.64	-119.44
Free Cash Flow Per Share	0.15	-0.26	-1.04	1.72	-1.06
Dividends Per Share	-	-	-	-	3.300
Gross Margin	0.10%	0.06%	0.08%	0.13%	0.14%
Operating Margin	-0.00%	-0.02%	-0.04%	-0.11%	-17.41%
Profit Margin	-0.32%	0.03%	1.12%	-5.82%	-105.91%
FCF Margin	0.01%	-0.01%	-0.11%	0.27%	-9.03%
EBITDA	1.7	-32.17	-44.97	-74.06	-229.92
EBITDA Margin	0.00%	-0.01%	-0.04%	-0.10%	-17.38%
EBIT	-5.37	-40.72	-50.39	-77.67	-230.39
EBIT Margin	-0.00%	-0.02%	-0.04%	-0.11%	-17.41%
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.

SEC Filings: 10-K · 10-Q