Also trades as: MPZAY (OTC) · $vol 0M

kr 396.40 ($39.30)

+7.20 (+1.85%)

Weekly Expected Move ±3.2%

kr 370 kr 383 kr 395 kr 408 kr 420

LSE · Consumer Cyclical · Leisure · Tech Score Neutral · Power 62 · kr 11.7B mcap · 26M float · 0.032% daily turnover

Analysis Technicals Weather Peers

Revenue

$533M +10.4% ▲

5Y CAGR: +7.9%

Gross Profit

$391M +11.7% ▲

5Y CAGR: +8.0%

Operating Income

$156M -10.3% ▼

5Y CAGR: -1.4%

Net Income

$120M -14.9% ▼

5Y CAGR: -1.4%

EPS (Diluted)

$4.53 -14.8% ▼

5Y CAGR: -1.7%

EBITDA

$155M -25.8% ▼

5Y CAGR: -2.7%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$608M	$563M	$357M	$483M	$533M
YoY Growth	+66.6%	-7.4%	-36.6%	+35.3%	+10.4%
Cost of Revenue	$163M	$157M	$104M	$133M	$142M
Gross Profit	$445M	$406M	$253M	$350M	$391M
Gross Margin	73.2%	72.1%	70.9%	72.5%	73.4%
R&D Expenses	$24M	$26M	$35M	$39M	$41M
SG&A Expenses	$105M	$132M	$133M	$137M	$187M
Operating Expenses	$129M	$157M	$183M	$176M	$235M
Operating Income	$326M	$229M	$70M	$174M	$156M
Operating Margin	53.6%	40.7%	19.6%	36.0%	29.3%
Interest Expense	$0	$1M	$1M	$1M	$0
Income Before Tax	$328M	$223M	$84M	$183M	$158M
Tax Expense	$73M	$48M	$20M	$42M	$38M
Net Income	$255M	$175M	$64M	$141M	$120M
Net Margin	41.9%	31.1%	17.9%	29.2%	22.5%
EPS (Diluted)	$9.63	$6.63	$2.42	$5.32	$4.53
EBITDA	$340M	$242M	$88M	$209M	$155M
Shares Outstanding	26M	26M	26M	27M	26M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$123M	$144M	$115M	$135M	$135M	$147M	$151M	$232M
Cost of Revenue	$33M	$39M	$32M	$35M	$35M	$40M	$44M	$60M
Gross Profit	$90M	$105M	$83M	$100M	$100M	$107M	$107M	$172M
Gross Margin	73.2%	72.9%	72.2%	74.1%	74.1%	72.8%	70.9%	74.1%
R&D Expenses	$9M	$10M	$10M	$11M	$9M	$11M	$15M	$16M
SG&A Expenses	$32M	$35M	$43M	$52M	$45M	$46M	$51M	$49M
Operating Expenses	$42M	$43M	$59M	$59M	$54M	$60M	$64M	$77M
Operating Income	$48M	$62M	$24M	$41M	$46M	$47M	$43M	$95M
Operating Margin	39.0%	43.1%	20.9%	30.4%	34.1%	32.0%	28.5%	40.9%
Interest Expense	$1M	$0	$0	$0	$0	$0	$0	$0
Income Before Tax	$46M	$69M	$25M	$41M	$44M	$48M	$37M	$88M
Tax Expense	$10M	$17M	$6M	$9M	$10M	$12M	$8M	$20M
Net Income	$36M	$53M	$19M	$32M	$34M	$35M	$29M	$68M
Net Margin	29.3%	36.8%	16.5%	23.7%	25.2%	23.8%	19.2%	29.3%
EPS (Diluted)	$1.36	$1.99	$0.72	$1.20	$1.28	$1.33	$1.09	$2.55
EBITDA	$48M	$62M	$24M	$41M	$48M	$47M	$49M	$115M
Shares Outstanding	27M	27M	27M	26M	26M	26M	26M	26M

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