Barings Participation Investors (MPV)

MPV Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Other Revenue	17.66	21.07	20.12	14.05	12.3
Revenue	17.66	21.07	20.12	14.05	12.3
Revenue Growth (YoY)	-16.16%	4.73%	43.12%	14.27%	-6.81%
Gross Profit	17.66	21.07	20.12	14.05	12.3
Selling, General & Admin	2.6	2.62	2.55	2.36	2.24
Operating Expenses	2.6	2.62	2.55	2.36	2.24
Operating Income	15.07	18.45	17.56	11.7	10.06
Interest Expense	-	-1.52	-1.25	-1.01	-0.62
Currency Exchange Gain (Loss)	0	-0	0	-0	0
Other Non Operating Income (Expenses)	-1.8	-	-	-	-
EBT Excluding Unusual Items	13.27	16.92	16.32	10.69	9.44
Gain (Loss) on Sale of Investments	0.27	0.75	2.24	-3.35	16.2
Pretax Income	13.54	17.67	18.56	7.34	25.63
Income Tax Expense	0.32	0.43	0.44	0.38	0.25
Net Income	13.23	17.25	18.12	6.96	25.38
Net Income to Common	13.23	17.25	18.12	6.96	25.38
Net Income Growth	-23.30%	-4.81%	160.31%	-72.58%	299.81%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
Shares Change (YoY)	0.71%	0.74%	-	-	-
EPS (Basic)	1.23	1.61	1.71	0.66	2.39
EPS (Diluted)	1.23	1.61	1.71	0.66	2.39
EPS Growth	-23.84%	-5.51%	160.31%	-72.58%	299.81%
Dividend Per Share	-	1.470	1.290	0.860	0.800
Dividend Growth	-	13.95%	50.00%	7.50%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	85.31%	87.58%	87.32%	83.23%	81.78%
Profit Margin	74.90%	81.87%	90.08%	49.53%	206.38%
EBIT	15.07	18.45	17.56	11.7	10.06
EBIT Margin	85.31%	87.58%	87.32%	83.23%	81.78%
Effective Tax Rate	2.33%	2.41%	2.38%	5.15%	0.96%
Revenue as Reported	17.66	21.07	20.12	14.05	12.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q