CMBT Financials: Cmb.Tech NV AI Analysis

Breakdown	TTM	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Revenue	2,355	1,666	940	1,235	854	419
Revenue Growth (YoY)	68%	77%	-24%	45%	104%	-65%
Cost of Revenue	1,128	792	377	373	391	339
Gross Profit	1,227	873	562	862	463	80
Selling, General & Admin	204	146	78	67	57	42
Research & Development	--	--	--	--	--	--
Operating Expenses	712	504	193	264	264	376
Other Non Operating Income (Expenses)	-4	--	-8	-13	-32	-23
Pretax Income	206	150	872	864	206	-339
Income Tax Expense	9	10	1	6	2	0
Net Income	225	161	870	858	203	-338
Net Income Growth	-85%	-81%	1%	323%	-160%	-171%
Shares Outstanding (Diluted)	264.66	229.44	196.04	201.9	201.74	201.67
Shares Change (YoY)	36%	17%	-3%	0%	0%	-4%
EPS (Diluted)	0.85	0.7	4.44	4.24	1	-1.67
EPS Growth	-89%	-84%	5%	322%	-160%	-175%
Free Cash Flow	--	--	-662	498	-284	-438
Free Cash Flow Per Share	--	--	--	--	--	--
Gross Margin	52.1%	52.4%	59.78%	69.79%	54.21%	19.09%
Operating Margin	21.82%	22.08%	39.25%	48.34%	23.18%	-70.64%
Profit Margin	9.55%	9.66%	92.55%	69.47%	23.77%	-80.66%
Free Cash Flow Margin	--	--	-70.42%	40.32%	-33.25%	-104.53%
EBITDA	1,066	755	535	818	420	48
EBITDA Margin	45.26%	45.31%	56.91%	66.23%	49.18%	11.45%
D&A For EBITDA	552	387	166	221	222	344
EBIT	514	368	369	597	198	-296
EBIT Margin	21.82%	22.08%	39.25%	48.34%	23.18%	-70.64%
Effective Tax Rate	4.36%	6.66%	0.11%	0.69%	0.97%	0%

Cmb.Tech NV (CMBT) Financial