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	Sep '25 Sep 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	563.44	331.21	315.75	214.63	99.83	67.45
Revenue Growth (YoY)	83.55%	4.90%	47.11%	115.00%	48.00%	-
Cost of Revenue	270.45	207.27	247.31	127.66	51.81	36.42
Gross Profit	292.99	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
Amortization of Goodwill & Intangibles	-	-	-	0.07	0.04	-
Other Operating Expenses	71.03	32.08	7.23	10.35	-	-
Operating Expenses	245.12	79.57	12.77	32.41	21.76	11.74
Operating Income	47.87	44.37	55.67	54.56	26.26	19.3
Interest Expense	-16.92	-7.85	-0.21	-0.75	-	-0.23
Interest & Investment Income	34.3	13.59	7.98	1.2	-	-
Earnings From Equity Investments	-2.63	-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	65.26	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	-	-	-	-
Pretax Income	89.56	69.4	63.28	55.08	26.21	19.07
Income Tax Expense	8.8	6.59	-	-	-	-
Earnings From Continuing Operations	80.75	62.81	63.28	55.08	26.21	19.07
Minority Interest in Earnings	1.05	-0.5	-	-	-	-
Net Income	81.8	62.31	63.28	55.08	26.21	19.07
Net Income to Common	81.8	62.31	63.28	55.08	26.21	19.07
Net Income Growth	57.14%	-1.52%	14.89%	110.09%	37.48%	-
Shares Outstanding (Basic)	4,762	3,119	2,571	2,095	2,000	200
Shares Outstanding (Diluted)	4,762	3,119	2,571	2,095	2,000	200
Shares Change (YoY)	85.19%	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	-15.14%	-18.81%	-6.38%	100.53%	-86.25%	-
Free Cash Flow	309.61	328.25	-21.17	26.88	-4.04	1.58
Free Cash Flow Per Share	0.07	0.10	-0.01	0.01	-0.00	0.01
Gross Margin	52.00%	37.42%	21.68%	40.52%	48.10%	46.01%
Operating Margin	8.50%	13.40%	17.63%	25.42%	26.30%	28.61%
Profit Margin	14.52%	18.81%	20.04%	25.66%	26.26%	28.27%
Free Cash Flow Margin	54.95%	99.11%	-6.70%	12.53%	-4.04%	2.34%
EBITDA	211.97	84.36	59.23	57.58	28.1	20.42
EBITDA Margin	37.62%	25.47%	18.76%	26.83%	28.15%	30.28%
D&A For EBITDA	164.1	40	3.56	3.02	1.84	1.13
EBIT	47.87	44.37	55.67	54.56	26.26	19.3
EBIT Margin	8.50%	13.40%	17.63%	25.42%	26.30%	28.61%
Effective Tax Rate	9.83%	9.50%	-	-	-	-

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