Also trades as: IXX.DE (XETRA) · $vol 0M

€44.85 ($50.37)

+0.75 (+1.70%)

Weekly Expected Move ±3.8%

€41 €43 €45 €47 €48

LSE · Technology · Information Technology Services · Tech Score Neutral · Power 61 · €445.6M mcap · 6M float · 0.0049% daily turnover

Analysis Technicals Weather Peers

Revenue

$330M +24.1% ▲

5Y CAGR: +12.8%

Gross Profit

$116M +17.4% ▲

5Y CAGR: +13.2%

Operating Income

$31M +34.3% ▲

5Y CAGR: +13.6%

Net Income

$20M +26.7% ▲

5Y CAGR: +5.6%

EPS (Diluted)

$1.97 +25.5% ▲

5Y CAGR: +5.6%

EBITDA

$48M +18.9% ▲

5Y CAGR: +10.5%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$177M	$191M	$211M	$266M	$330M
YoY Growth	-2.2%	+8.3%	+10.2%	+26.0%	+24.1%
Cost of Revenue	$114M	$115M	$130M	$167M	$214M
Gross Profit	$63M	$77M	$80M	$98M	$116M
Gross Margin	35.5%	40.0%	38.1%	37.0%	35.0%
R&D Expenses	$13M	$14M	$13M	$14M	$19M
SG&A Expenses	$37M	$40M	$46M	$62M	$67M
Operating Expenses	$46M	$55M	$60M	$75M	$85M
Operating Income	$13M	$19M	$20M	$23M	$31M
Operating Margin	7.4%	9.7%	9.7%	8.7%	9.4%
Interest Expense	$987K	$805K	$2M	$3M	$4M
Income Before Tax	$17M	$20M	$19M	$22M	$29M
Tax Expense	$4M	$4M	$4M	$6M	$10M
Net Income	$12M	$17M	$15M	$15M	$20M
Net Margin	7.0%	8.6%	7.2%	5.8%	5.9%
EPS (Diluted)	$1.25	$1.66	$1.54	$1.57	$1.97
EBITDA	$27M	$31M	$33M	$40M	$48M
Shares Outstanding	10M	10M	10M	10M	10M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$64M	$88M	$70M	$71M	$85M	$103M	$98M	$103M
Cost of Revenue	$41M	$50M	$47M	$46M	$52M	$64M	$67M	$72M
Gross Profit	$22M	$38M	$24M	$25M	$33M	$39M	$31M	$30M
Gross Margin	35.0%	42.9%	33.4%	35.7%	38.6%	37.9%	31.5%	29.6%
R&D Expenses	$4M	$4M	$5M	$5M	$5M	$4M	$5M	$6M
SG&A Expenses	$15M	$20M	$17M	$18M	$19M	$18M	$20M	$19M
Operating Expenses	$18M	$24M	$21M	$22M	$24M	$22M	$25M	$25M
Operating Income	$4M	$14M	$2M	$3M	$9M	$17M	$6M	$5M
Operating Margin	6.6%	15.8%	3.5%	4.5%	10.4%	16.6%	6.2%	4.9%
Interest Expense	$834K	$1M	$741K	$669K	$1M	$1M	$817K	$876K
Income Before Tax	$4M	$11M	$1M	$4M	$8M	$16M	$6M	$5M
Tax Expense	$904K	$4M	-$51K	$2M	$2M	$6M	$2M	$3M
Net Income	$3M	$7M	$2M	$2M	$5M	$10M	$4M	$2M
Net Margin	5.2%	8.4%	2.2%	3.2%	6.4%	10.0%	4.3%	1.7%
EPS (Diluted)	$0.34	$0.74	$0.16	$0.23	$0.55	$1.03	$0.42	$0.17
EBITDA	$8M	$17M	$6M	$9M	$13M	$20M	$11M	$10M
Shares Outstanding	10M	10M	10M	10M	10M	10M	10M	10M

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