Excellence S.A. (WSE:EXC)

Excellence Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	83.74	78.64	80.59	72.9	62.69	48.53
Revenue Growth (YoY)	12.05%	-2.42%	10.54%	16.28%	29.19%	4.71%
Cost of Revenue	58.04	59.23	62.35	58.8	53.45	43.64
Gross Profit	25.7	19.41	18.24	14.1	9.24	4.89
Selling, General & Admin	11.83	7.82	7.89	8.94	3.64	3.07
Other Operating Expenses	1.85	1.38	1.99	2.77	3.44	1.04
Operating Expenses	13.89	9.21	9.87	11.71	7.09	4.11
Operating Income	11.82	10.21	8.36	2.39	2.15	0.78
Interest Expense	-0.17	-0.32	-0.91	-0.57	-0.26	-0.34
Interest & Investment Income	0.06	0.09	0.02	0.01	0.01	0.04
Earnings From Equity Investments	-	-	-	-0.03	-0.02	-
Currency Exchange Gain (Loss)	-0.01	-0.01	-0	-0.07	-0.05	-0.16
Other Non Operating Income (Expenses)	0.04	0.08	-0.07	-0.07	-0.03	0
EBT Excluding Unusual Items	11.74	10.04	7.4	1.65	1.8	0.33
Impairment of Goodwill	-0.36	-0.36	-0.36	-0.36	-	-
Gain (Loss) on Sale of Investments	-	-	-0.1	-	-	-
Gain (Loss) on Sale of Assets	-0.05	0.35	0.13	0.05	0.09	0.07
Asset Writedown	0.04	0.04	-1.03	-0.15	-	-
Pretax Income	11.37	10.07	6.04	1.2	1.89	0.4
Income Tax Expense	1.25	1.43	1.14	0.38	0.5	0.05
Earnings From Continuing Operations	10.12	8.64	4.89	0.82	1.38	0.35
Minority Interest in Earnings	-0.85	-0.69	-0.44	-0.49	-0.37	-
Net Income	9.27	7.96	4.45	0.32	1.01	0.35
Net Income to Common	9.27	7.96	4.45	0.32	1.01	0.35
Net Income Growth	13.98%	78.70%	1273.91%	-67.99%	189.68%	222.29%
Shares Outstanding (Basic)	-	158	158	158	158	158
Shares Outstanding (Diluted)	-	158	158	158	158	158
EPS (Basic)	-	0.05	0.03	0.00	0.01	0.00
EPS (Diluted)	-	0.05	0.03	0.00	0.01	0.00
EPS Growth	-	78.57%	1263.19%	-65.77%	200.00%	191.12%
Free Cash Flow	4.58	7.81	5.29	-0.3	2.01	0.61
Free Cash Flow Per Share	-	0.05	0.03	-0.00	0.01	0.00
Gross Margin	30.69%	24.69%	22.63%	19.34%	14.74%	10.07%
Operating Margin	14.11%	12.98%	10.38%	3.28%	3.44%	1.61%
Profit Margin	11.07%	10.12%	5.53%	0.45%	1.62%	0.72%
Free Cash Flow Margin	5.47%	9.93%	6.57%	-0.40%	3.20%	1.25%
EBITDA	13.42	11.62	9.76	3.8	3.69	2.76
EBITDA Margin	16.03%	14.77%	12.11%	5.21%	5.89%	5.68%
D&A For EBITDA	1.61	1.41	1.4	1.41	1.54	1.97
EBIT	11.82	10.21	8.36	2.39	2.15	0.78
EBIT Margin	14.11%	12.98%	10.38%	3.28%	3.44%	1.61%
Effective Tax Rate	10.97%	14.17%	18.96%	31.70%	26.53%	12.98%
Revenue as Reported	83.74	78.64	80.59	72.9	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.