EBRO EV Motors Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	43.96	31.4
Revenue Growth (YoY)	40.00%	-
Cost of Revenue	15.52	12.33
Gross Profit	28.44	19.08
Selling, General & Admin	43.91	16.83
Other Operating Expenses	14.73	11.27
Operating Expenses	63.09	30.28
Operating Income	-34.65	-11.2
Interest Expense	-4.82	-2.45
Interest & Investment Income	0.31	0.05
Earnings From Equity Investments	-0	0
Currency Exchange Gain (Loss)	-0.01	-0
Other Non Operating Income (Expenses)	0	-0.02
EBT Excluding Unusual Items	-39.17	-13.62
Asset Writedown	-0.04	0.02
Pretax Income	-39.21	-13.59
Income Tax Expense	-5.83	-2.22
Earnings From Continuing Operations	-33.38	-11.37
Minority Interest in Earnings	9.52	1.18
Net Income	-23.86	-10.18
Net Income to Common	-23.86	-10.18
Shares Outstanding (Basic)	48	39
Shares Outstanding (Diluted)	48	39
Shares Change (YoY)	25.83%	-
EPS (Basic)	-0.49	-0.26
EPS (Diluted)	-0.49	-0.26
Gross Margin	64.69%	60.75%
Operating Margin	-78.82%	-35.68%
Profit Margin	-54.27%	-32.43%
EBITDA	-30.19	-9.02
EBITDA Margin	-68.67%	-28.72%
D&A For EBITDA	4.46	2.19
EBIT	-34.65	-11.2
EBIT Margin	-78.82%	-35.68%

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