SI — Shoulder Innovations Income Statement

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Annual income statement for Shoulder Innovations, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M
Source:	PROSPECTUS	PROSPECTUS	10-K
Standards:	USG	USG	USG
Status:	Final	Final	Final
Revenue
Total Revenue	19.3	31.6	47.3
Cost of Revenue
Gross Profit	15.3	24.3	36.2
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Total Operating Expenses	30.1	46.3	73.6
Operating Profit	-10.9	-14.7	-26.3
Total Net Non Operating Interest Income / Expense
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	-9.07	-13.7	-12.2
Provision for Income Taxes
Net Income After Taxes	-9.07	-13.7	-12.2
Net Income Before Extraordinary Items
Net Income	-9.07	-13.7	-12.2
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-9.07	-13.7	-12.2
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	-0.449	-0.677	-1.41