SED Energy Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Operating Revenue	204.15	126.13
Other Revenue	8.31	7.61
Revenue	212.45	133.74
Revenue Growth (YoY)	58.86%	-
Cost of Revenue	87.24	59.6
Gross Profit	125.21	74.14
Selling, General & Admin	14.08	3.67
Other Operating Expenses	1.2	-
Operating Expenses	55.82	28.61
Operating Income	69.4	45.53
Interest Expense	-10.38	-9.34
Interest & Investment Income	0.1	0.31
Other Non Operating Income (Expenses)	-0.01	0.63
EBT Excluding Unusual Items	59.11	37.13
Merger & Restructuring Charges	-16	-
Gain (Loss) on Sale of Assets	0.09	-
Other Unusual Items	6.54	-3.45
Pretax Income	49.73	33.69
Income Tax Expense	21.82	4.52
Net Income	27.91	29.17
Net Income to Common	27.91	29.17
Net Income Growth	-4.32%	-
Shares Outstanding (Basic)	694	645
Shares Outstanding (Diluted)	717	658
Shares Change (YoY)	8.98%	-
EPS (Basic)	0.04	0.05
EPS (Diluted)	0.04	0.04
Free Cash Flow	60.61	13.16
Free Cash Flow Per Share	0.08	0.02
Gross Margin	58.94%	55.44%
Operating Margin	32.66%	34.05%
Profit Margin	13.14%	21.81%
Free Cash Flow Margin	28.53%	9.84%
EBITDA	101.74	61.94
EBITDA Margin	47.89%	46.31%
D&A For EBITDA	32.34	16.41
EBIT	69.4	45.53
EBIT Margin	32.66%	34.05%
Effective Tax Rate	43.88%	13.41%
Revenue as Reported	212.45	133.74

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