biote Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	195.65	197.19	185.36	164.96	139.4	116.57
Revenue Growth (YoY)	1.34%	6.38%	12.37%	18.34%	19.58%	5.99%
Cost of Revenue	54.06	58.13	57.88	54.58	48.82	44.93
Gross Profit	141.58	139.06	127.48	110.38	90.58	71.64
Selling, General & Admin	104.25	101.38	88.89	145.87	56.02	39.86
Operating Expenses	104.25	101.38	88.89	145.87	56.02	39.86
Operating Income	37.33	37.68	38.59	-35.49	34.56	31.78
Interest Expense	-11.71	-11	-6.36	-4.05	-1.67	-2.43
Currency Exchange Gain (Loss)	-	-	-	0.03	-	-
Other Non Operating Income (Expenses)	3.49	2.41	-12.63	5.6	0.02	-0.01
EBT Excluding Unusual Items	29.11	29.09	19.6	-33.91	32.91	29.35
Merger & Restructuring Charges	0.22	-0.08	-2.12	-21.63	-	-
Legal Settlements	-6.06	-5.99	-7.82	-3.6	-	-
Other Unusual Items	7.5	-22.01	-9.79	60.86	-	-
Pretax Income	30.76	1.02	-0.12	1.71	32.91	29.35
Income Tax Expense	-1.7	0.97	2.68	0.39	0.29	0.19
Earnings From Continuing Operations	32.46	0.05	-2.81	1.32	32.62	29.16
Minority Interest in Earnings	-3.67	3.11	6.12	-2.29	-	-
Net Income	28.79	3.16	3.32	-0.97	32.62	29.16
Net Income to Common	28.79	3.16	3.32	-0.97	32.62	29.16
Net Income Growth	300.58%	-4.79%	-	-	11.85%	36.99%
Shares Outstanding (Basic)	33	34	26	8	1	1
Shares Outstanding (Diluted)	37	34	26	8	1	1
Shares Change (YoY)	10.63%	33.30%	219.00%	722.55%	-	-
EPS (Basic)	0.87	0.09	0.13	-0.12	33.29	29.76
EPS (Diluted)	0.78	0.09	0.13	-0.12	33.29	29.76
EPS Growth	270.48%	-30.22%	-	-	11.87%	36.98%
Free Cash Flow	34.39	38.81	26.52	-9.49	32.27	26.13
Free Cash Flow Per Share	0.93	1.13	1.03	-1.18	32.94	26.67
Gross Margin	72.37%	70.52%	68.78%	66.92%	64.98%	61.46%
Operating Margin	19.08%	19.11%	20.82%	-21.52%	24.79%	27.26%
Profit Margin	14.72%	1.60%	1.79%	-0.59%	23.40%	25.02%
Free Cash Flow Margin	17.57%	19.68%	14.31%	-5.75%	23.15%	22.42%
EBITDA	38.99	38.86	39.39	-34.29	35.27	32.46
EBITDA Margin	19.93%	19.71%	21.25%	-20.79%	25.30%	27.84%
D&A For EBITDA	1.66	1.17	0.79	1.2	0.71	0.68
EBIT	37.33	37.68	38.59	-35.49	34.56	31.78
EBIT Margin	19.08%	19.11%	20.82%	-21.52%	24.79%	27.26%
Effective Tax Rate	-	95.47%	-	22.66%	0.87%	0.64%
Revenue as Reported	195.65	197.19	185.36	164.96	139.4	116.57
Advertising Expenses	-	5.9	5.1	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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