Here Group Limited
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $380.5M | $522.3M | $424.9M |
| Cost of Revenue | $70.3M | $75.7M | $54.0M |
| Gross Profit | $310.2M | $446.5M | $371.0M |
| Gross Margin | 81.5% | 85.5% | 87.3% |
| Operating Expenses | |||
| Research & Development | $13.8M | $19.9M | $30.3M |
| SG&A Expense | $16.1M | $17.3M | $24.2M |
| Operating Income | $55.4M | $51.9M | $-15.7M |
| Operating Margin | 14.6% | 9.9% | -3.7% |
| Interest Expense | — | — | — |
| Pretax Income | $65.5M | $57.4M | $-12.0M |
| Income Tax Expense | $15.8M | $4.3M | $3.0M |
| Net Income | $50.1M | $53.1M | $-15.0M |
| Net Margin | 13.2% | 10.2% | -3.5% |
| EPS (Basic) | $0.31 | $0.32 | $-0.17 |
| EPS (Diluted) | $0.30 | $0.31 | $-0.17 |
| Shares Outstanding (Basic) | 161.3M | 165.0M | 103.9M |
| Shares Outstanding (Diluted) | 165.2M | 170.0M | 103.9M |
| Dividends Per Share | — | — | — |