Turbo Energy, S.A. (TURB)

Turbo Energy Income Statement

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

Year	2023	2022	2021
Revenue	13.14	31.15	17.15
Revenue Growth (YoY)	-57.81%	81.58%	-
Cost of Revenue	12.04	26.55	14.9
Gross Profit	1.1	4.6	2.26
Selling, General & Admin	3.65	2.91	1.67
Other Operating Expenses	0.08	0.02	0.1
Operating Expenses	3.74	2.93	1.78
Operating Income	-2.64	1.67	0.48
Interest Expense / Income	0.41	0.31	0.14
Other Expense / Income	0.08	-0.03	-0.01
Pretax Income	-3.13	1.4	0.35
Income Tax	-1.12	0.37	0.08
Net Income	-2.01	1.03	0.27
Net Income Growth	-	284.92%	-
Shares Outstanding (Basic)	51	50	50
Shares Outstanding (Diluted)	51	50	50
Shares Change	2.76%	-	-
EPS (Basic)	-0.20	0.10	0.05
EPS (Diluted)	-0.20	0.10	0.05
EPS Growth	-	100.00%	-
Free Cash Flow	0.15	-5.78	0.05
Free Cash Flow Per Share	0.01	-0.58	0.01
Gross Margin	8.35%	14.78%	13.15%
Operating Margin	-20.11%	5.36%	2.78%
Profit Margin	-15.32%	3.30%	1.56%
Free Cash Flow Margin	1.18%	-18.56%	0.31%
Effective Tax Rate	-	26.27%	23.26%
EBITDA	-2.6	1.75	0.51
EBITDA Margin	-19.76%	5.61%	2.95%
Depreciation & Amortization	0.13	0.04	0.02
EBIT	-2.72	1.7	0.49
EBIT Margin	-20.73%	5.47%	2.84%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).