MATH Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	44.57	16.76	5.69	0.12	-
Revenue Growth (YoY)	165.86%	194.51%	4538.59%	-	-
Cost of Revenue	23.26	11.14	3.67	0.08	-
Gross Profit	21.3	5.63	2.02	0.05	-
Selling, General & Admin	3.86	4.3	3.58	3.3	0.64
Operating Expenses	5.54	10.34	13.75	9.36	0.64
Operating Income	15.76	-4.72	-11.73	-9.31	-0.64
Interest Expense	-0.08	-0	-0.01	-1.94	-1.61
Interest & Investment Income	0.02	0.03	0.03	0	0
Currency Exchange Gain (Loss)	-	-	-0	0.03	-
Other Non Operating Income (Expenses)	0.57	0.04	-	-	-0.06
EBT Excluding Unusual Items	16.28	-4.65	-11.72	-11.23	-2.31
Gain (Loss) on Sale of Investments	0.29	0.92	-	-	-
Asset Writedown	-0.67	0.04	-	-	-
Other Unusual Items	-	-	0.02	-	-
Pretax Income	15.89	-3.68	-11.7	-11.23	-2.31
Income Tax Expense	-	-	0.22	0.01	-
Earnings From Continuing Operations	15.89	-3.68	-11.92	-11.23	-2.31
Earnings From Discontinued Operations	-	-	-8.25	-3.19	-2.84
Net Income to Company	15.89	-3.68	-20.17	-14.42	-5.15
Minority Interest in Earnings	-	-	-0.39	-0.02	-
Net Income	15.89	-3.68	-20.56	-14.44	-5.15
Net Income to Common	15.89	-3.68	-20.56	-14.44	-5.15
Shares Outstanding (Basic)	39	35	27	18	12
Shares Outstanding (Diluted)	39	35	27	18	12
Shares Change (YoY)	11.07%	28.59%	47.50%	57.07%	2.00%
EPS (Basic)	0.41	-0.11	-0.76	-0.79	-0.44
EPS (Diluted)	0.41	-0.11	-0.76	-0.79	-0.44
Free Cash Flow	0.02	-11.6	-1.14	-4.79	-3.1
Free Cash Flow Per Share	0.00	-0.33	-0.04	-0.26	-0.27
Gross Margin	47.80%	33.57%	35.50%	38.24%	-
Operating Margin	35.36%	-28.13%	-206.12%	-7589.38%	-
Profit Margin	35.66%	-21.95%	-361.15%	-11767.19%	-
Free Cash Flow Margin	0.06%	-69.20%	-20.09%	-3907.54%	-
EBITDA	15.76	-4.71	-11.73	-9.31	-0.56
EBITDA Margin	35.37%	-28.11%	-206.06%	-	-
D&A For EBITDA	0	0	0	0	0.08
EBIT	15.76	-4.72	-11.73	-9.31	-0.64
EBIT Margin	35.36%	-28.13%	-206.12%	-	-

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

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