Mercor S.A. (WSE:MCR)

Mercor Income Statement

Financials in millions PLN. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	528.12	507.45	539.6	628.36	496.03	386.19
Revenue Growth (YoY)	2.74%	-5.96%	-14.12%	26.68%	28.44%	-2.50%
Cost of Revenue	407.87	389.34	403.37	472.16	379.22	280.97
Gross Profit	120.24	118.11	136.24	156.19	116.81	105.21
Selling, General & Admin	103.4	95.09	87.05	88.57	74.17	64.06
Other Operating Expenses	0.99	1.28	1.26	0.2	-0.08	1.6
Operating Expenses	103.95	96.68	88.11	88.53	74.5	67.8
Operating Income	16.29	21.42	48.13	67.66	42.31	37.41
Interest Expense	-6.51	-5.68	-6	-7.8	-2.92	-2.19
Interest & Investment Income	1.19	1.23	5.97	0.88	0.87	0.08
Earnings From Equity Investments	5.14	4.76	3.15	-1.9	-0.71	-
Currency Exchange Gain (Loss)	0.06	0.51	3.91	1.08	0.04	0.2
Other Non Operating Income (Expenses)	-0.64	-0.6	-0.62	-0.57	-0.53	-1
EBT Excluding Unusual Items	15.53	21.64	54.54	59.35	39.07	34.5
Gain (Loss) on Sale of Assets	-0.2	-0.23	0.81	1.15	0.64	0.39
Asset Writedown	-0.89	-0.89	-0.76	-	-	-
Legal Settlements	0.01	-0.01	-0.01	-0.08	0.1	0.06
Other Unusual Items	0.16	0.16	-	0.01	0.98	0.1
Pretax Income	14.61	20.67	54.58	60.44	40.79	35.05
Income Tax Expense	-19.34	4.11	4.87	13.22	8.31	5.53
Earnings From Continuing Operations	33.95	16.56	49.71	47.22	32.48	29.52
Net Income to Company	33.95	16.56	49.71	47.22	32.48	29.52
Minority Interest in Earnings	-0.3	-0.41	-0.39	-5.52	-2.69	-2.67
Net Income	33.65	16.15	49.32	41.7	29.79	26.85
Net Income to Common	33.65	16.15	49.32	41.7	29.79	26.85
Net Income Growth	9.29%	-67.26%	18.28%	39.97%	10.93%	24.52%
Shares Outstanding (Basic)	15	15	15	16	16	16
Shares Outstanding (Diluted)	15	15	15	16	16	16
Shares Change (YoY)	0.76%	-	-0.64%	-0.24%	-0.16%	-0.33%
EPS (Basic)	2.18	1.05	3.19	2.68	1.91	1.72
EPS (Diluted)	2.18	1.05	3.19	2.68	1.91	1.72
EPS Growth	8.87%	-67.22%	19.03%	40.31%	11.01%	24.94%
Free Cash Flow	6.87	13.14	38.81	53.11	-6.58	24.87
Free Cash Flow Per Share	0.44	0.85	2.51	3.42	-0.42	1.59
Dividend Per Share	1.780	1.780	0.770	1.510	0.630	0.570
Dividend Growth	131.17%	131.17%	-49.01%	139.68%	10.53%	-
Gross Margin	22.77%	23.28%	25.25%	24.86%	23.55%	27.24%
Operating Margin	3.08%	4.22%	8.92%	10.77%	8.53%	9.69%
Profit Margin	6.37%	3.18%	9.14%	6.64%	6.00%	6.95%
Free Cash Flow Margin	1.30%	2.59%	7.19%	8.45%	-1.33%	6.44%
EBITDA	26.41	31.05	66.89	74.27	45.53	42.07
EBITDA Margin	5.00%	6.12%	12.40%	11.82%	9.18%	10.89%
D&A For EBITDA	10.12	9.63	18.77	6.61	3.22	4.66
EBIT	16.29	21.42	48.13	67.66	42.31	37.41
EBIT Margin	3.08%	4.22%	8.92%	10.77%	8.53%	9.69%
Effective Tax Rate	-	19.90%	8.92%	21.88%	20.37%	15.78%

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