Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	158.74M	139.22M	61.74M	48.13M	38.98M
Cost of Revenue	44.74M	54.84M	11.06M	10.38M	10.67M
Gross Profit	114.00M	84.38M	50.68M	37.75M	28.31M
SG&A	15.40M	9.03M	6.63M	5.22M	4.31M
Operating Expenses	15.08M	10.54M	5.81M	4.39M	5.10M
Operating Income	98.92M	73.84M	44.87M	33.35M	23.21M
Interest Expense	-10.21M	-7.69M	—	—	-0.00M
Other Income/Expense	1.99M	2.61M	0.33M	0.06M	0.04M
Pretax Income	90.70M	68.77M	43.47M	33.93M	24.08M
Income Tax	1.28M	1.08M	1.28M	2.09M	2.09M
Net Income	89.42M	67.69M	42.18M	31.84M	21.99M
EBITDA	114.72M	86.07M	53.60M	42.01M	31.79M
EBIT	98.92M	73.84M	44.87M	33.35M	23.21M
EPS (Basic)	2.24	1.69	1.05	0.80	0.55
EPS (Diluted)	2.24	1.69	1.05	0.80	0.55
DPS	—	0.50	0.50	—	0.50
Margins & Efficiency
Gross Margin %	+71.8%	+60.6%	+82.1%	+78.4%	+72.6%
EBITDA Margin %	+72.3%	+61.8%	+86.8%	+87.3%	+81.5%
Net Margin %	+56.3%	+48.6%	+68.3%	+66.2%	+56.4%
Revenue & Income
Revenue	158.74M	139.22M	61.74M	48.13M	38.98M
Revenue Growth (YoY)	+14.0%	+125.5%	+28.3%	+23.5%	-8.3%
Gain (Loss) on Sale of Assets	—	—	-1.29M	-0.03M	—
Gain (Loss) on Sale of Investments	—	—	-439.93K	540.61K	839.02K
Expenses & Provisions
Advertising Expenses	—	—	28.24K	40.58K	—
Cost of Revenue	44.74M	54.84M	11.06M	10.38M	10.67M
Selling, General & Admin	15.40M	9.03M	6.63M	5.22M	4.31M
Operating Expenses	15.08M	10.54M	5.81M	4.39M	5.10M
Interest Expense	-10.21M	-7.69M	—	—	-0.00M
Other Non Operating Income (Expenses)	1.99M	2.61M	0.33M	0.06M	0.04M
D&A For EBITDA	15.80M	12.23M	8.73M	8.66M	8.57M
Profitability & Returns
Gross Profit	114.00M	84.38M	50.68M	37.75M	28.31M
Gross Margin	+71.8%	+60.6%	+82.1%	+78.4%	+72.6%
EBIT	98.92M	73.84M	44.87M	33.35M	23.21M
EBIT Margin	+62.3%	+53.0%	+72.7%	+69.3%	+59.5%
EBITDA	114.72M	86.07M	53.60M	42.01M	31.79M
EBITDA Margin	+72.3%	+61.8%	+86.8%	+87.3%	+81.5%
EBT Excluding Unusual Items	90.70M	68.77M	45.20M	33.41M	23.25M
Pretax Income	90.70M	68.77M	43.47M	33.93M	24.08M
Operating Income	98.92M	73.84M	44.87M	33.35M	23.21M
Operating Margin	+62.3%	+53.0%	+72.7%	+69.3%	+59.5%
Profit Margin	+56.3%	+48.6%	+68.3%	+66.2%	+56.4%
Net Income	89.42M	67.69M	42.18M	31.84M	21.99M
Net Income to Common	89.42M	67.69M	42.18M	31.84M	21.99M
Net Income Growth	+32.1%	+60.5%	+32.5%	+44.8%	-5.8%
Income Tax Expense	1.28M	1.08M	1.28M	2.09M	2.09M
Effective Tax Rate	+1.4%	+1.6%	+3.0%	+6.2%	+8.7%
Per Share & Capital
EPS (Basic)	2.24	1.69	1.05	0.80	0.55
EPS (Diluted)	2.24	1.69	1.05	0.80	0.55
EPS Growth	+32.1%	+61.2%	+31.9%	+44.8%	-5.2%
Dividend Per Share	—	0.50	0.50	—	0.50
Shares Outstanding (Basic)	40.00M	40.00M	40.00M	40.00M	40.00M
Shares Outstanding (Diluted)	40.00M	40.00M	40.00M	40.00M	40.00M
Free Cash Flow	101.91M	110.28M	57.24M	-8.55M	21.64M
Free Cash Flow Margin	+64.2%	+79.2%	+92.7%	-17.8%	+55.5%
Free Cash Flow Per Share	2.55	2.76	1.43	-0.21	0.54
Payout Ratio	+22.4%	+29.5%	+23.7%	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Semi-annual

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	158.74M	139.22M	61.74M	48.13M	38.98M
Cost of Revenue	44.74M	54.84M	11.06M	10.38M	10.67M
Gross Profit	114.00M	84.38M	50.68M	37.75M	28.31M
SG&A	15.40M	9.03M	6.63M	5.22M	4.31M
Operating Expenses	15.08M	10.54M	5.81M	4.39M	5.10M
Operating Income	98.92M	73.84M	44.87M	33.35M	23.21M
Interest Expense	-10.21M	-7.69M	—	—	-0.00M
Other Income/Expense	1.99M	2.61M	0.33M	0.06M	0.04M
Pretax Income	90.70M	68.77M	43.47M	33.93M	24.08M
Income Tax	1.28M	1.08M	1.28M	2.09M	2.09M
Net Income	89.42M	67.69M	42.18M	31.84M	21.99M
EBITDA	114.72M	86.07M	53.60M	42.01M	31.79M
EBIT	98.92M	73.84M	44.87M	33.35M	23.21M
EPS (Basic)	2.24	1.69	1.05	0.80	0.55
EPS (Diluted)	2.24	1.69	1.05	0.80	0.55
DPS	—	0.50	0.50	—	0.50
Margins & Efficiency
Gross Margin %	+71.8%	+60.6%	+82.1%	+78.4%	+72.6%
EBITDA Margin %	+72.3%	+61.8%	+86.8%	+87.3%	+81.5%
Net Margin %	+56.3%	+48.6%	+68.3%	+66.2%	+56.4%
Revenue & Income
Revenue	158.74M	139.22M	61.74M	48.13M	38.98M
Revenue Growth (YoY)	+14.0%	+125.5%	+28.3%	+23.5%	-8.3%
Gain (Loss) on Sale of Assets	—	—	-1.29M	-0.03M	—
Gain (Loss) on Sale of Investments	—	—	-439.93K	540.61K	839.02K
Expenses & Provisions
Advertising Expenses	—	—	28.24K	40.58K	—
Cost of Revenue	44.74M	54.84M	11.06M	10.38M	10.67M
Selling, General & Admin	15.40M	9.03M	6.63M	5.22M	4.31M
Operating Expenses	15.08M	10.54M	5.81M	4.39M	5.10M
Interest Expense	-10.21M	-7.69M	—	—	-0.00M
Other Non Operating Income (Expenses)	1.99M	2.61M	0.33M	0.06M	0.04M
D&A For EBITDA	15.80M	12.23M	8.73M	8.66M	8.57M
Profitability & Returns
Gross Profit	114.00M	84.38M	50.68M	37.75M	28.31M
Gross Margin	+71.8%	+60.6%	+82.1%	+78.4%	+72.6%
EBIT	98.92M	73.84M	44.87M	33.35M	23.21M
EBIT Margin	+62.3%	+53.0%	+72.7%	+69.3%	+59.5%
EBITDA	114.72M	86.07M	53.60M	42.01M	31.79M
EBITDA Margin	+72.3%	+61.8%	+86.8%	+87.3%	+81.5%
EBT Excluding Unusual Items	90.70M	68.77M	45.20M	33.41M	23.25M
Pretax Income	90.70M	68.77M	43.47M	33.93M	24.08M
Operating Income	98.92M	73.84M	44.87M	33.35M	23.21M
Operating Margin	+62.3%	+53.0%	+72.7%	+69.3%	+59.5%
Profit Margin	+56.3%	+48.6%	+68.3%	+66.2%	+56.4%
Net Income	89.42M	67.69M	42.18M	31.84M	21.99M
Net Income to Common	89.42M	67.69M	42.18M	31.84M	21.99M
Net Income Growth	+32.1%	+60.5%	+32.5%	+44.8%	-5.8%
Income Tax Expense	1.28M	1.08M	1.28M	2.09M	2.09M
Effective Tax Rate	+1.4%	+1.6%	+3.0%	+6.2%	+8.7%
Per Share & Capital
EPS (Basic)	2.24	1.69	1.05	0.80	0.55
EPS (Diluted)	2.24	1.69	1.05	0.80	0.55
EPS Growth	+32.1%	+61.2%	+31.9%	+44.8%	-5.2%
Dividend Per Share	—	0.50	0.50	—	0.50
Shares Outstanding (Basic)	40.00M	40.00M	40.00M	40.00M	40.00M
Shares Outstanding (Diluted)	40.00M	40.00M	40.00M	40.00M	40.00M
Free Cash Flow	101.91M	110.28M	57.24M	-8.55M	21.64M
Free Cash Flow Margin	+64.2%	+79.2%	+92.7%	-17.8%	+55.5%
Free Cash Flow Per Share	2.55	2.76	1.43	-0.21	0.54
Payout Ratio	+22.4%	+29.5%	+23.7%	—	—

Financials

Annual (SAR)

INMAR

Annual (SAR)