Space42 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	483.24	331.21	315.75	214.63	99.83	67.45
Revenue Growth (YoY)	47.72%	4.90%	47.11%	115.00%	48.00%	-
Cost of Revenue	239.43	207.27	247.31	127.66	51.81	36.42
Gross Profit	243.81	123.94	68.44	86.97	48.01	31.04
Selling, General & Admin	5.27	5.27	1.95	20.18	20.41	11.07
Other Operating Expenses	46.77	32.08	7.23	10.35	-	-
Operating Expenses	174.77	79.57	12.77	32.41	21.76	11.74
Operating Income	69.05	44.37	55.67	54.56	26.26	19.3
Interest Expense	-11.31	-7.85	-0.21	-0.75	-	-0.23
Interest & Investment Income	28.36	13.59	7.98	1.2	-	-
Earnings From Equity Investments	-1.75	-1.18	-	-	-	-
Currency Exchange Gain (Loss)	-1.34	-1.34	-0.16	-	-	-
Other Non Operating Income (Expenses)	3.98	3.98	-	0.07	-0.04	-0
EBT Excluding Unusual Items	86.99	51.57	63.28	55.08	26.21	19.07
Gain (Loss) on Sale of Assets	12.58	12.58	-	-	-	-
Other Unusual Items	1.86	1.86	-	-	-	-
Pretax Income	104.82	69.4	63.28	55.08	26.21	19.07
Income Tax Expense	10.33	6.59	-	-	-	-
Earnings From Continuing Operations	94.49	62.81	63.28	55.08	26.21	19.07
Minority Interest in Earnings	-0.05	-0.5	-	-	-	-
Net Income	94.45	62.31	63.28	55.08	26.21	19.07
Net Income to Common	94.45	62.31	63.28	55.08	26.21	19.07
Net Income Growth	95.38%	-1.52%	14.89%	110.09%	37.48%	-
Shares Outstanding (Basic)	4,214	3,119	2,571	2,095	2,000	200
Shares Outstanding (Diluted)	4,214	3,119	2,571	2,095	2,000	200
Shares Change (YoY)	63.89%	21.30%	22.71%	4.78%	900.00%	-
EPS (Basic)	0.02	0.02	0.02	0.03	0.01	0.10
EPS (Diluted)	0.02	0.02	0.02	0.03	0.01	0.10
EPS Growth	19.21%	-18.81%	-6.38%	100.53%	-86.25%	-
Free Cash Flow	348.42	328.25	-21.17	26.88	-4.04	1.58
Free Cash Flow Per Share	0.08	0.10	-0.01	0.01	-0.00	0.01
Gross Margin	50.45%	37.42%	21.68%	40.52%	48.10%	46.01%
Operating Margin	14.29%	13.40%	17.63%	25.42%	26.30%	28.61%
Profit Margin	19.54%	18.81%	20.04%	25.66%	26.26%	28.27%
Free Cash Flow Margin	72.10%	99.11%	-6.70%	12.53%	-4.04%	2.34%
EBITDA	187.82	84.36	59.23	57.58	28.1	20.42
EBITDA Margin	38.87%	25.47%	18.76%	26.83%	28.15%	30.28%
D&A For EBITDA	118.78	40	3.56	3.02	1.84	1.13
EBIT	69.05	44.37	55.67	54.56	26.26	19.3
EBIT Margin	14.29%	13.40%	17.63%	25.42%	26.30%	28.61%
Effective Tax Rate	9.85%	9.50%	-	-	-	-

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