MAMO — Massimo Income Statement

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Annual income statement for Massimo, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	R2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	PROSPECTUS	PROSPECTUS	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	82.6	86.5	115	109	71.8
Cost of Revenue
Gross Profit	17	22.2	35.9	32.5	26.9
Selling / General / Administrative Expenses
Research And Development
Unusual Expense / Income
Total Operating Expenses	78.2	81.9	102	108	69.8
Operating Profit	4.37	4.61	12.9	1.4	1.98
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	4.72	4.16	12.5	2.42	2.03
Provision for Income Taxes
Net Income After Taxes	4.72	4.16	10.4	1.76	1.51
Net Income Before Extraordinary Items
Net Income	4.72	4.16	10.4	1.76	1.51
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	4.72	4.16	10.4	1.76	1.51
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.114	0.101	0.26	0.121	0.036
Dividends per Share