Elmet Group (ELMT) FY2025 results: revenue $202 million, up 5.9% on the year
Elmet Group Co. (ELMT) reported revenue of $202 million for fiscal 2025, the year ended 31 December 2025, up 5.9% on the year before. Net income was $6 million, down 64.1%. The figures are the company's own, from the 424B4 it filed with the SEC on 23 April 2026.
this yearthe year beforeHover a bar for its figure.
The year in brief
The four quarters: Q1 FY2025 · Q2 FY2025 · Q3 FY2025 · Q4 FY2025
Income statement (profit and loss)
| $ million | FY2025 | FY2024 | On the year | Last 8 years |
|---|---|---|---|---|
| Revenue | 202 | 190 | +5.9% | |
| Cost of revenue | 161 | 150 | +7.0% | |
| Gross profit | 41.0 | 40.3 | +1.8% | |
| Gross margin | 20.3% | 21.2% | ||
| Research and development | 3.4 | 3.7 | -9.3% | |
| Operating income | 12.1 | 14.2 | -15.0% | |
| Operating margin | 6.0% | 7.5% | ||
| Net income | 5.5 | 15.4 | -64.1% | |
| Net margin | 2.7% | 8.1% |
$ million except per share.
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Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.Cash flow
| $ million | FY2025 | FY2024 | On the year | Last 8 years |
|---|---|---|---|---|
| Shares outstanding at period end | 0 | n/a |
Balance sheet
| $ million | FY2025 | FY2024 | On the year | Last 8 years |
|---|---|---|---|---|
| Shareholders' equity | 60.5 | 61.6 | -1.8% | |
| Redeemable equity | 0.0 | n/a | ||
| Debt | 36.2 | n/a | ||
| Operating lease liabilities | 10.2 | n/a | ||
| Other liabilities | 68.7 | 113 | -39.1% | |
| Total liabilities and equity | 176 | n/a | ||
| Fixed assets | 42.3 | n/a | ||
| Goodwill | 4.6 | n/a | ||
| Intangible assets | 7.2 | n/a | ||
| Investments | 0.2 | n/a | ||
| Cash and equivalents | 1.8 | 3.6 | -51.2% | |
| Receivables | 28.9 | 32.8 | -11.8% | |
| Inventory | 69.7 | n/a | ||
| Other assets | 21.0 | 138 | -84.8% | |
| Total assets | 176 | 174 | +0.7% |
424B4 for the year ended 31 December 2025, filed 23 April 2026: the filing.