Patria Investments Limited (PAX)

BM Technologies Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	397.5	374.2	327.62	258.88	235.52	115.02
Revenue Growth (YoY)	26.52%	14.22%	26.55%	9.92%	104.77%	-6.65%
Cost of Revenue	150.81	140.01	124.75	103.86	79.84	24.87
Gross Profit	246.69	234.19	202.87	155.01	155.67	90.14
Selling, General & Admin	48.88	45.58	38.38	30.47	13.99	14.38
Other Operating Expenses	-13.4	1.1	0.78	0.69	0.34	2.55
Operating Expenses	73.01	77.41	61.53	48.53	21.31	22.94
Operating Income	173.68	156.78	141.34	106.48	134.37	67.21
Interest Expense	-22.1	-11.4	-1.24	-1.81	-1.02	-0.87
Earnings From Equity Investments	-0.41	-0.51	-0.75	-2.35	-	-
Currency Exchange Gain (Loss)	2.58	2.58	0.22	-1.35	0.6	0.5
Other Non Operating Income (Expenses)	4.93	4.83	-17.46	-13.35	-4.14	-2.27
EBT Excluding Unusual Items	158.68	152.28	122.1	87.63	129.81	64.57
Merger & Restructuring Charges	-26.81	-26.81	-13.97	-6.36	-8.55	-
Gain (Loss) on Sale of Investments	-14.2	-14.2	1.23	9.59	0.58	0.28
Other Unusual Items	-25.28	-25.28	8.63	11.59	-0.26	0.13
Pretax Income	92.39	85.99	118	102.45	121.57	64.98
Income Tax Expense	4.41	10.31	-2.82	8.35	0.38	3.14
Earnings From Continuing Operations	87.99	75.69	120.82	94.1	121.19	61.84
Minority Interest in Earnings	-3.81	-3.81	-2.42	-1.15	1.29	0.37
Net Income	84.18	71.88	118.4	92.96	122.48	62.21
Net Income to Common	84.18	71.88	118.4	92.96	122.48	62.21
Net Income Growth	3.14%	-39.30%	27.37%	-24.10%	96.88%	6.27%
Shares Outstanding (Basic)	159	153	148	147	136	117
Shares Outstanding (Diluted)	159	154	149	147	136	117
Shares Change (YoY)	5.79%	3.53%	0.99%	8.27%	16.23%	-
EPS (Basic)	0.53	0.47	0.80	0.63	0.90	0.53
EPS (Diluted)	0.53	0.47	0.80	0.63	0.90	0.53
EPS Growth	-2.50%	-41.36%	26.13%	-29.90%	69.39%	6.27%
Free Cash Flow	-	142.34	150.86	75.61	106.01	52.53
Free Cash Flow Per Share	-	0.93	1.01	0.51	0.78	0.45
Dividend Per Share	0.600	0.874	0.984	0.702	0.625	0.400
Dividend Growth	-41.41%	-11.18%	40.17%	12.37%	56.17%	56.01%
Gross Margin	62.06%	62.58%	61.92%	59.88%	66.10%	78.38%
Operating Margin	43.69%	41.90%	43.14%	41.13%	57.05%	58.43%
Profit Margin	21.18%	19.21%	36.14%	35.91%	52.00%	54.09%
Free Cash Flow Margin	-	38.04%	46.05%	29.21%	45.01%	45.67%
EBITDA	218.14	187.83	164.64	124.87	141.76	73.79
EBITDA Margin	54.88%	50.20%	50.26%	48.24%	60.19%	64.15%
D&A For EBITDA	44.45	31.05	23.31	18.39	7.39	6.58
EBIT	173.68	156.78	141.34	106.48	134.37	67.21
EBIT Margin	43.69%	41.90%	43.14%	41.13%	57.05%	58.43%
Effective Tax Rate	4.77%	11.98%	-	8.15%	0.31%	4.83%

Updated Aug 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q