Novamarine Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	27.07	27.35	24.11	21.52
Other Revenue	2.84	1.79	1.22	0.5
Revenue	29.91	29.14	25.33	22.02
Revenue Growth (YoY)	6.29%	15.05%	15.02%	-
Cost of Revenue	19.11	20.5	17.64	17.44
Gross Profit	10.8	8.64	7.69	4.58
Selling, General & Admin	4.48	3.24	2.81	2.54
Amortization of Goodwill & Intangibles	0.71	0.56	0.08	0.09
Other Operating Expenses	0.41	0.17	0.96	0.09
Operating Expenses	6.96	5.29	5.1	3.77
Operating Income	3.84	3.35	2.59	0.81
Interest Expense	-0.55	-0.57	-0.38	-0.21
Interest & Investment Income	0.1	0.1	0.01	0
Currency Exchange Gain (Loss)	-0	-0	0	-0
Other Non Operating Income (Expenses)	0.1	0.13	-0.18	-0.03
EBT Excluding Unusual Items	3.49	3.02	2.04	0.57
Gain (Loss) on Sale of Investments	0.12	-	-0	-
Gain (Loss) on Sale of Assets	0.03	0.04	-	-
Asset Writedown	-	-	-0.2	-
Other Unusual Items	0.3	0.38	0.05	0.27
Pretax Income	3.95	3.44	1.94	0.84
Income Tax Expense	0.98	1.02	0.47	0.14
Net Income	2.97	2.42	1.47	0.7
Net Income to Common	2.97	2.42	1.47	0.7
Net Income Growth	29.53%	65.03%	110.85%	-
Free Cash Flow	0.57	-3.39	-0.8	1.78
Dividend Per Share	0.050	0.050	-	-
Gross Margin	36.10%	29.64%	30.35%	20.81%
Operating Margin	12.83%	11.50%	10.21%	3.69%
Profit Margin	9.94%	8.31%	5.79%	3.16%
Free Cash Flow Margin	1.91%	-11.64%	-3.14%	8.09%
EBITDA	5.5	4.95	3.87	1.9
EBITDA Margin	18.39%	16.97%	15.28%	8.62%
D&A For EBITDA	1.66	1.59	1.28	1.09
EBIT	3.84	3.35	2.59	0.81
EBIT Margin	12.83%	11.50%	10.21%	3.69%
Effective Tax Rate	24.73%	29.55%	24.22%	16.91%
Revenue as Reported	34.74	29.1	27.19	24.06

Source: S&P Capital IQ. Standard template. Financial Sources.