TROOPS 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	Jun '25 Jun 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	15.08	10.07	3.57	3.88	3.68	4.29
Revenue Growth (YoY)	247.24%	182.24%	-7.90%	5.21%	-14.21%	-16.07%
Cost of Revenue	-16.54	-8.13	-2.79	-3.05	3.32	5.36
Gross Profit	2.37	1.94	0.78	0.82	0.36	-1.07
Selling, General & Admin	-8.5	-3.96	-2.75	-2.19	2.74	2.62
Other Operating Expenses	-	-3.23	0.18	0.83	6.42	63.66
Total Operating Expenses	-8.5	-7.18	-2.58	-1.36	9.17	66.28
Operating Income	10.87	9.12	3.35	2.18	-8.81	-67.34
Interest Income	0.06	0.01	0.01	0	-	-
Interest Expense	-	-	-0.06	-0.06	-0.1	-1.02
Other Non-Operating Income (Expense)	0.1	-7.67	-0.01	0.19	0.37	0.13
Total Non-Operating Income (Expense)	0.16	-7.66	-0.06	0.13	0.27	-0.89
Pretax Income	11.03	1.47	3.3	2.31	-8.54	-68.23
Provision for Income Taxes	0.02	0.03	-0.14	-0.06	-0.13	-0.31
Net Income	-13.02	-13.41	-1.72	-0.35	-8.41	-67.92
Earnings From Discontinued Operations	-	-	-	-	-	0.01
Net Income to Common	-13.02	-13.41	-1.72	-0.35	-8.41	-67.92
Shares Outstanding (Basic)	109	102	102	102	102	98
Shares Outstanding (Diluted)	109	102	102	102	102	98
Shares Change (YoY)	7.27%	0.63%	-	0.03%	3.52%	23.88%
EPS (Basic)	-0.13	-0.13	-0.02	-0.01	-0.08	-0.69
EPS (Diluted)	-0.13	-0.13	-0.02	-0.01	-0.08	-0.69
Shares Outstanding	112.51	112.51	101.6	101.6	101.6	101.16
Free Cash Flow	-	1.7	-6.76	-0.52	11.89	21.74
Free Cash Flow Growth	-	-	-	-	-45.30%	660.50%
Free Cash Flow Per Share	-	0.02	-0.07	-0.01	0.12	0.22
Gross Margin	15.72%	19.27%	21.74%	21.21%	9.77%	-24.83%
Operating Margin	72.06%	90.58%	93.98%	56.26%	-239.07%	-1568.65%
Profit Margin	73.00%	14.29%	96.30%	61.16%	-228.43%	-1582.18%
FCF Margin	-	16.92%	-189.38%	-13.52%	322.81%	506.29%
EBITDA	10.87	11.33	5.47	4.15	-6.67	-62.54
EBITDA Margin	72.06%	112.47%	153.26%	107.10%	-181.13%	-1456.86%
EBIT	10.87	9.12	3.35	2.18	-8.81	-67.34
EBIT Margin	72.06%	90.58%	93.98%	56.26%	-239.07%	-1568.65%
Effective Tax Rate	0.15%	1.84%	-4.25%	-2.42%	1.48%	0.45%

Updated Oct 17, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q