Everpure (P) FY2025 results: revenue $3.2 billion, up 11.9% on the year

Everpure, Inc. (P) reported revenue of $3.2 billion for fiscal 2025, the year ended 2 February 2025, up 11.9% on the year before. Net income was $107 million, up 74.1%, and diluted earnings per share $0.31. The figures are the company's own, from the 10-K it filed with the SEC on 27 March 2025.

Revenue

$3.2 billion

+11.9% on the year

FY2018FY2025

Operating margin

2.7%

1.9% a year earlier

FY2018FY2025

Net income

$107 million

+74.1% on the year

FY2018FY2025

Diluted EPS

$0.31

+63.2% on the year

FY2018FY2025

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	FY2023	On the year
Revenue	3,168	2,831	2,753	+11.9%
Cost of revenue	955	809	856	+18.0%
Gross profit	2,213	2,021	1,898	+9.5%
Gross margin	69.8%	71.4%	68.9%
Research and development	804	737	693	+9.2%
Operating income	85.3	53.6	83.5	+59.2%
Operating margin	2.7%	1.9%	3.0%
Interest expense	7.8	7.5	4.7	+4.4%
Pre-tax income	148	90.6	91.8	+63.2%
Income tax	41.1	29.3	18.7	+40.4%
Effective tax rate	27.8%	32.3%	20.4%
Net income	107	61.3	73.1	+74.1%
Net margin	3.4%	2.2%	2.7%
Diluted EPS	$0.31	$0.19	$0.23	+63.2%

$ million except per share.

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	FY2023	On the year
Operating cash flow	754	678	767	+11.2%
Capital expenditure	227	195	158	+16.2%
Free cash flow	527	483	609	+9.2%
Free cash flow margin	16.6%	17.0%	22.1%
Cash from investing	-218	3.2	-221
Cash from financing	-510	-560	-431
Depreciation and amortisation	114	113	87.0	+1.7%
Share-based compensation	421	331	328	+27.1%
Buybacks	374	136	219	+175.4%
Diluted shares, weighted	343m	333m	339m	+3.0%

Balance sheet

$ million	FY2025	FY2024	FY2023	On the year
Shareholders' equity	1,306	1,270	941	+2.9%
Debt	100	100	575	0.0%
Operating lease liabilities	137	123	142	+11.4%
Finance lease liabilities	0.0	0.2	4.8
Other liabilities	2,420	2,162	1,880	+11.9%
Total liabilities and equity	3,964	3,656	3,543	+8.4%
Fixed assets	462	353	272	+30.9%
Goodwill	361	361	361	0.0%
Intangible assets	19.1	33.0	49.2	-42.2%
Securities held for sale or to maturity	798	829	1,001	-3.7%
Cash and equivalents	724	703	581	+3.0%
Receivables	681	662	612	+2.8%
Inventory	42.8	42.7	50.2	+0.3%
Other assets	876	673	616	+30.2%
Total assets	3,964	3,656	3,543	+8.4%

10-K for the year ended 2 February 2025, filed 27 March 2025: the filing.