Also trades as: M44U.SI (SES) · $vol 14M

$0.83

+0.00 (+0.00%)

OTC · Real Estate · REIT - Industrial · Tech Score Sell · Power 48 · $4.2B mcap · 3.35B float · 0.0000% daily turnover · Short 90% of daily vol

Revenue

$695M -2.7% ▼

5Y CAGR: +4.4%

Gross Profit

$507M -2.7% ▼

5Y CAGR: +0.3%

Operating Income

$508M -2.4% ▼

5Y CAGR: +2.4%

Net Income

$277M +33.4% ▲

5Y CAGR: -9.7%

EPS (Diluted)

$0.05 +35.9% ▲

5Y CAGR: -14.7%

EBITDA

$534M +24.5% ▲

5Y CAGR: +3.2%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$666M	$718M	$723M	$715M	$695M
YoY Growth	+18.7%	+7.8%	+0.7%	-1.1%	-2.7%
Cost of Revenue	$166M	$187M	$192M	$194M	$189M
Gross Profit	$500M	$532M	$531M	$521M	$507M
Gross Margin	75.0%	74.0%	73.5%	72.8%	72.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$7M	$5M	$6M	$2M	$6M
Operating Expenses	$575K	$2M	$5M	$143K	-$2M
Operating Income	$499M	$529M	$526M	$521M	$508M
Operating Margin	74.9%	73.7%	72.8%	72.8%	73.1%
Interest Expense	$99M	$129M	$139M	$150M	$146M
Income Before Tax	$994M	$657M	$393M	$274M	$381M
Tax Expense	$210M	$88M	$63M	$65M	$102M
Net Income	$782M	$567M	$327M	$208M	$277M
Net Margin	117.5%	78.9%	45.3%	29.1%	39.8%
EPS (Diluted)	$0.17	$0.11	$0.06	$0.04	$0.05
EBITDA	$503M	$790M	$537M	$429M	$534M
Shares Outstanding	4.43B	4.80B	4.96B	5.03B	5.13B

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$179M	$180M	$180M	$177M	$175M	$178M	$173M	$174M
Cost of Revenue	$48M	$48M	$49M	$50M	$47M	$51M	$48M	$48M
Gross Profit	$131M	$132M	$131M	$127M	$128M	$128M	$126M	$126M
Gross Margin	73.1%	73.3%	73.0%	71.9%	73.3%	71.7%	72.5%	72.7%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$450K	$133M	$457K	$452K	$447K	$0	$0	$0
Operating Expenses	$379K	-$1M	$736K	$53K	-$27K	-$6M	-$1M	$62K
Operating Income	$130M	$135M	$130M	$127M	$128M	$137M	$90M	$126M
Operating Margin	72.9%	75.4%	72.6%	71.9%	73.3%	76.7%	51.9%	72.6%
Interest Expense	$37M	$38M	$38M	$37M	$37M	$28M	$37M	$36M
Income Before Tax	$101M	$81M	$107M	-$15M	$96M	$108M	$63M	$114M
Tax Expense	$19M	$18M	$18M	$10M	$16M	$16M	$16M	$54M
Net Income	$83M	$63M	$88M	-$26M	$79M	$87M	$41M	$59M
Net Margin	46.2%	35.1%	49.1%	-14.7%	45.5%	48.6%	23.7%	33.7%
EPS (Diluted)	$0.02	$0.01	$0.02	$-0.01	$0.01	$0.02	$0.01	$0.01
EBITDA	$132M	$121M	$146M	$23M	$135M	$139M	$90M	$152M
Shares Outstanding	5.00B	5.00B	5.00B	5.06B	5.08B	3.96B	3.98B	5.13B

MAPGF OTC