biote Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Revenue	195.65	197.19	185.36	164.96	139.4	116.57	Upgrade
Revenue Growth (YoY)	1.34%	6.38%	12.37%	18.34%	19.58%	5.99%	Upgrade
Cost of Revenue	54.06	58.13	57.88	54.58	48.82	44.93	Upgrade
Gross Profit	141.58	139.06	127.48	110.38	90.58	71.64	Upgrade
Selling, General & Admin	104.25	101.38	88.89	145.87	56.02	39.86	Upgrade
Operating Expenses	104.25	101.38	88.89	145.87	56.02	39.86	Upgrade
Operating Income	37.33	37.68	38.59	-35.49	34.56	31.78	Upgrade
Interest Expense	-11.71	-11	-6.36	-4.05	-1.67	-2.43	Upgrade
Currency Exchange Gain (Loss)	-	-	-	0.03	-	-	Upgrade
Other Non Operating Income (Expenses)	3.49	2.41	-12.63	5.6	0.02	-0.01	Upgrade
EBT Excluding Unusual Items	29.11	29.09	19.6	-33.91	32.91	29.35	Upgrade
Merger & Restructuring Charges	0.22	-0.08	-2.12	-21.63	-	-	Upgrade
Legal Settlements	-6.06	-5.99	-7.82	-3.6	-	-	Upgrade
Other Unusual Items	7.5	-22.01	-9.79	60.86	-	-	Upgrade
Pretax Income	30.76	1.02	-0.12	1.71	32.91	29.35	Upgrade
Income Tax Expense	-1.7	0.97	2.68	0.39	0.29	0.19	Upgrade
Earnings From Continuing Operations	32.46	0.05	-2.81	1.32	32.62	29.16	Upgrade
Minority Interest in Earnings	-3.67	3.11	6.12	-2.29	-	-	Upgrade
Net Income	28.79	3.16	3.32	-0.97	32.62	29.16	Upgrade
Net Income to Common	28.79	3.16	3.32	-0.97	32.62	29.16	Upgrade
Net Income Growth	300.58%	-4.79%	-	-	11.85%	36.99%	Upgrade
Shares Outstanding (Basic)	33	34	26	8	1	1	Upgrade
Shares Outstanding (Diluted)	37	34	26	8	1	1	Upgrade
Shares Change (YoY)	10.63%	33.30%	219.00%	722.55%	-	-	Upgrade
EPS (Basic)	0.87	0.09	0.13	-0.12	33.29	29.76	Upgrade
EPS (Diluted)	0.78	0.09	0.13	-0.12	33.29	29.76	Upgrade
EPS Growth	270.48%	-30.22%	-	-	11.87%	36.98%	Upgrade
Free Cash Flow	34.39	38.81	26.52	-9.49	32.27	26.13	Upgrade
Free Cash Flow Per Share	0.93	1.13	1.03	-1.18	32.94	26.67	Upgrade
Gross Margin	72.37%	70.52%	68.78%	66.92%	64.98%	61.46%	Upgrade
Operating Margin	19.08%	19.11%	20.82%	-21.52%	24.79%	27.26%	Upgrade
Profit Margin	14.72%	1.60%	1.79%	-0.59%	23.40%	25.02%	Upgrade
Free Cash Flow Margin	17.57%	19.68%	14.31%	-5.75%	23.15%	22.42%	Upgrade
EBITDA	38.99	38.86	39.39	-34.29	35.27	32.46	Upgrade
EBITDA Margin	19.93%	19.71%	21.25%	-20.79%	25.30%	27.84%	Upgrade
D&A For EBITDA	1.66	1.17	0.79	1.2	0.71	0.68	Upgrade
EBIT	37.33	37.68	38.59	-35.49	34.56	31.78	Upgrade
EBIT Margin	19.08%	19.11%	20.82%	-21.52%	24.79%	27.26%	Upgrade
Effective Tax Rate	-	95.47%	-	22.66%	0.87%	0.64%	Upgrade
Revenue as Reported	195.65	197.19	185.36	164.96	139.4	116.57	Upgrade
Advertising Expenses	-	5.9	5.1	-	-	-	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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