Kamada 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	174.79	160.95	142.52	129.34	103.64	133.25
Revenue Growth (YoY)	10.36%	12.93%	10.19%	24.79%	-22.22%	4.76%
Cost of Revenue	98.32	90.99	87.03	82.64	73.31	85.69
Gross Profit	76.47	69.97	55.49	46.7	30.33	47.55
Selling, General & Admin	36.91	35.69	32.1	28.09	19.96	16.72
Research & Development	11.22	13.63	12.4	13.17	9.22	11.55
Other Operating Expenses	0.59	0.6	0.92	0.91	0.05	0.05
Operating Expenses	48.71	49.92	45.43	42.17	29.23	28.32
Operating Income	27.76	20.05	10.06	4.53	1.1	19.24
Interest Expense	-0.79	-0.66	-1.3	-0.91	-	-
Interest & Investment Income	2.16	2.12	0.59	0.09	0.3	1.03
Currency Exchange Gain (Loss)	-0.98	0.05	-0.09	-0.25	-0.21	-1.54
Other Non Operating Income (Expenses)	-0.14	-0.14	0.15	0.55	-0.28	-0.27
EBT Excluding Unusual Items	28.01	21.42	9.41	4.01	0.9	18.46
Merger & Restructuring Charges	-	-	-	-	-1.79	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.1
Other Unusual Items	-6.82	-8.08	-0.98	-6.27	-0.99	-
Pretax Income	21.19	13.33	8.43	-2.26	-1.89	18.57
Income Tax Expense	0.75	-1.13	0.15	0.06	0.35	1.43
Net Income	20.44	14.46	8.28	-2.32	-2.23	17.14
Net Income to Common	20.44	14.46	8.28	-2.32	-2.23	17.14
Net Income Growth	30.12%	74.58%	-	-	-	-22.97%
Shares Outstanding (Basic)	58	57	49	45	45	44
Shares Outstanding (Diluted)	58	58	54	45	45	45
Shares Change (YoY)	1.24%	7.72%	19.66%	-0.10%	0.70%	9.88%
EPS (Basic)	0.35	0.25	0.17	-0.05	-0.05	0.39
EPS (Diluted)	0.35	0.25	0.15	-0.05	-0.05	0.38
EPS Growth	30.41%	66.67%	-	-	-	-30.91%
Free Cash Flow	18.33	36.85	-1.54	24.8	-12.55	13.62
Free Cash Flow Per Share	0.31	0.64	-0.03	0.55	-0.28	0.30
Gross Margin	43.75%	43.47%	38.93%	36.11%	29.26%	35.69%
Operating Margin	15.88%	12.46%	7.06%	3.50%	1.06%	14.44%
Profit Margin	11.70%	8.98%	5.81%	-1.80%	-2.15%	12.86%
Free Cash Flow Margin	10.48%	22.90%	-1.08%	19.18%	-12.11%	10.22%
EBITDA	41.49	32.37	21.53	16.69	6.71	24.13
EBITDA Margin	23.73%	20.11%	15.11%	12.90%	6.47%	18.11%
D&A For EBITDA	13.73	12.32	11.47	12.16	5.61	4.9
EBIT	27.76	20.05	10.06	4.53	1.1	19.24
EBIT Margin	15.88%	12.46%	7.06%	3.50%	1.06%	14.44%
Effective Tax Rate	3.53%	-	1.72%	-	-	7.68%
Revenue as Reported	174.79	160.95	142.52	129.34	103.64	133.25

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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