Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (SAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	58.60M	58.60M	46.78M	37.58M	29.47M
Cost of Revenue	41.47M	41.47M	25.98M	23.62M	17.13M
Gross Profit	17.13M	17.13M	20.80M	13.96M	12.35M
SG&A	5.22M	5.22M	5.17M	5.20M	4.73M
Operating Expenses	5.46M	5.46M	5.28M	5.36M	4.76M
Operating Income	11.68M	11.68M	15.52M	8.60M	7.59M
Interest Expense	-328.50K	-328.50K	-52.75K	-85.70K	-115.55K
Other Income/Expense	17.75K	17.75K	—	-17.75K	-96.00K
Pretax Income	11.37M	11.37M	15.47M	8.49M	7.38M
Income Tax	0.82M	0.82M	1.48M	0.87M	0.84M
Net Income	10.55M	10.55M	13.98M	7.62M	6.54M
EBITDA	12.79M	12.79M	16.44M	9.52M	8.21M
EBIT	11.68M	11.68M	15.52M	8.60M	7.59M
EPS (Basic)	1.40	1.40	1.85	1.01	0.87
EPS (Diluted)	1.40	1.40	1.85	1.01	0.87
Margins & Efficiency
Gross Margin %	+29.2%	+29.2%	+44.5%	+37.1%	+41.9%
EBITDA Margin %	+21.8%	+21.8%	+35.1%	+25.3%	+27.9%
Net Margin %	+18.0%	+18.0%	+29.9%	+20.3%	+22.2%
Revenue & Income
Revenue	58.60M	58.60M	46.78M	37.58M	29.47M
Revenue Growth (YoY)	+98.8%	+98.8%	+67.0%	+64.7%	+46.0%
Gain (Loss) on Sale of Assets	—	—	—	—	—
Currency Exchange Gain (Loss)	—	—	—	—	—
Expenses & Provisions
Cost of Revenue	41.47M	41.47M	25.98M	23.62M	17.13M
Selling, General & Admin	5.22M	5.22M	5.17M	5.20M	4.73M
Operating Expenses	5.46M	5.46M	5.28M	5.36M	4.76M
Other Operating Expenses	-12.50K	-12.50K	—	—	-195.70K
Interest Expense	-328.50K	-328.50K	-52.75K	-85.70K	-115.55K
Other Non Operating Income (Expenses)	17.75K	17.75K	—	-17.75K	-96.00K
D&A For EBITDA	1.11M	1.11M	0.92M	0.92M	0.62M
Profitability & Returns
Gross Profit	17.13M	17.13M	20.80M	13.96M	12.35M
Gross Margin	+29.2%	+29.2%	+44.5%	+37.1%	+41.9%
EBIT	11.68M	11.68M	15.52M	8.60M	7.59M
EBIT Margin	+19.9%	+19.9%	+33.2%	+22.9%	+25.7%
EBITDA	12.79M	12.79M	16.44M	9.52M	8.21M
EBITDA Margin	+21.8%	+21.8%	+35.1%	+25.3%	+27.9%
EBT Excluding Unusual Items	11.37M	11.37M	15.47M	8.49M	7.38M
Pretax Income	11.37M	11.37M	15.47M	8.49M	7.38M
Operating Income	11.68M	11.68M	15.52M	8.60M	7.59M
Operating Margin	+19.9%	+19.9%	+33.2%	+22.9%	+25.7%
Profit Margin	+18.0%	+18.0%	+29.9%	+20.3%	+22.2%
Net Income	10.55M	10.55M	13.98M	7.62M	6.54M
Net Income to Common	10.55M	10.55M	13.98M	7.62M	6.54M
Net Income Growth	+61.3%	+61.3%	+44.8%	+31.6%	+43.7%
Income Tax Expense	0.82M	0.82M	1.48M	0.87M	0.84M
Effective Tax Rate	+7.2%	+7.2%	+9.6%	+10.3%	+11.3%
Per Share & Capital
EPS (Basic)	1.40	1.40	1.85	1.01	0.87
EPS (Diluted)	1.40	1.40	1.85	1.01	0.87
EPS Growth	+61.3%	+61.3%	+44.8%	+31.6%	+44.3%
Shares Change (YoY)	—	—	—	—	-0
Shares Outstanding (Basic)	7.53M	7.53M	7.56M	7.56M	7.53M
Shares Outstanding (Diluted)	7.53M	7.53M	7.56M	7.56M	7.53M
Free Cash Flow	5.48M	5.48M	2.78M	2.78M	-1.21M
Free Cash Flow Margin	+9.4%	+9.4%	+5.9%	+7.4%	-4.1%
Free Cash Flow Per Share	0.73	0.73	0.37	0.37	-0.16
Payout Ratio	—	—	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	58.60M	58.60M	46.78M	37.58M	29.47M
Cost of Revenue	41.47M	41.47M	25.98M	23.62M	17.13M
Gross Profit	17.13M	17.13M	20.80M	13.96M	12.35M
SG&A	5.22M	5.22M	5.17M	5.20M	4.73M
Operating Expenses	5.46M	5.46M	5.28M	5.36M	4.76M
Operating Income	11.68M	11.68M	15.52M	8.60M	7.59M
Interest Expense	-328.50K	-328.50K	-52.75K	-85.70K	-115.55K
Other Income/Expense	17.75K	17.75K	—	-17.75K	-96.00K
Pretax Income	11.37M	11.37M	15.47M	8.49M	7.38M
Income Tax	0.82M	0.82M	1.48M	0.87M	0.84M
Net Income	10.55M	10.55M	13.98M	7.62M	6.54M
EBITDA	12.79M	12.79M	16.44M	9.52M	8.21M
EBIT	11.68M	11.68M	15.52M	8.60M	7.59M
EPS (Basic)	1.40	1.40	1.85	1.01	0.87
EPS (Diluted)	1.40	1.40	1.85	1.01	0.87
Margins & Efficiency
Gross Margin %	+29.2%	+29.2%	+44.5%	+37.1%	+41.9%
EBITDA Margin %	+21.8%	+21.8%	+35.1%	+25.3%	+27.9%
Net Margin %	+18.0%	+18.0%	+29.9%	+20.3%	+22.2%
Revenue & Income
Revenue	58.60M	58.60M	46.78M	37.58M	29.47M
Revenue Growth (YoY)	+98.8%	+98.8%	+67.0%	+64.7%	+46.0%
Gain (Loss) on Sale of Assets	—	—	—	—	—
Currency Exchange Gain (Loss)	—	—	—	—	—
Expenses & Provisions
Cost of Revenue	41.47M	41.47M	25.98M	23.62M	17.13M
Selling, General & Admin	5.22M	5.22M	5.17M	5.20M	4.73M
Operating Expenses	5.46M	5.46M	5.28M	5.36M	4.76M
Other Operating Expenses	-12.50K	-12.50K	—	—	-195.70K
Interest Expense	-328.50K	-328.50K	-52.75K	-85.70K	-115.55K
Other Non Operating Income (Expenses)	17.75K	17.75K	—	-17.75K	-96.00K
D&A For EBITDA	1.11M	1.11M	0.92M	0.92M	0.62M
Profitability & Returns
Gross Profit	17.13M	17.13M	20.80M	13.96M	12.35M
Gross Margin	+29.2%	+29.2%	+44.5%	+37.1%	+41.9%
EBIT	11.68M	11.68M	15.52M	8.60M	7.59M
EBIT Margin	+19.9%	+19.9%	+33.2%	+22.9%	+25.7%
EBITDA	12.79M	12.79M	16.44M	9.52M	8.21M
EBITDA Margin	+21.8%	+21.8%	+35.1%	+25.3%	+27.9%
EBT Excluding Unusual Items	11.37M	11.37M	15.47M	8.49M	7.38M
Pretax Income	11.37M	11.37M	15.47M	8.49M	7.38M
Operating Income	11.68M	11.68M	15.52M	8.60M	7.59M
Operating Margin	+19.9%	+19.9%	+33.2%	+22.9%	+25.7%
Profit Margin	+18.0%	+18.0%	+29.9%	+20.3%	+22.2%
Net Income	10.55M	10.55M	13.98M	7.62M	6.54M
Net Income to Common	10.55M	10.55M	13.98M	7.62M	6.54M
Net Income Growth	+61.3%	+61.3%	+44.8%	+31.6%	+43.7%
Income Tax Expense	0.82M	0.82M	1.48M	0.87M	0.84M
Effective Tax Rate	+7.2%	+7.2%	+9.6%	+10.3%	+11.3%
Per Share & Capital
EPS (Basic)	1.40	1.40	1.85	1.01	0.87
EPS (Diluted)	1.40	1.40	1.85	1.01	0.87
EPS Growth	+61.3%	+61.3%	+44.8%	+31.6%	+44.3%
Shares Change (YoY)	—	—	—	—	-0
Shares Outstanding (Basic)	7.53M	7.53M	7.56M	7.56M	7.53M
Shares Outstanding (Diluted)	7.53M	7.53M	7.56M	7.56M	7.53M
Free Cash Flow	5.48M	5.48M	2.78M	2.78M	-1.21M
Free Cash Flow Margin	+9.4%	+9.4%	+5.9%	+7.4%	-4.1%
Free Cash Flow Per Share	0.73	0.73	0.37	0.37	-0.16
Payout Ratio	—	—	—	—	—

Financials

Quarterly (SAR)

EDARAT

Quarterly (SAR)