LANV: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	240m	329m	426m	422m
Cost of revenue	101m	146m	175m	184m
Gross profit	140m	183m	251m	238m
Selling, general and administrative	107m	117m	138m	153m
Operating income	−232m	−156m	−122m	−225m
Pre-tax income	−267m	−186m	−143m	−240m
Income tax	−16m	3m	3m	−129,000
Net income	−263m	−189m	−146m	−240m
Earnings per share	−2.04	−1.41	−0.98	−2.15
Earnings per share, diluted	−2.04	−1.41	−0.98	−2.15

Metric	Aug 19, 2026	Aug 18, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash and equivalents	—	—	31m	18m	28m	92m	89m
Receivables	—	—	15m	28m	46m	—	—
Inventory	—	—	57m	90m	107m	—	—
Current assets	—	—	153m	165m	207m	—	—
Property, plant and equipment	—	—	18m	39m	44m	47m	—
Goodwill	—	—	23m	38m	69m	—	—
Total assets	—	—	470m	614m	688m	—	—
Current liabilities	—	—	559m	416m	288m	—	—
Short-term debt	—	—	325m	159m	36m	—	—
Long-term debt	—	—	10m	25m	32m	—	—
Total liabilities	—	—	752m	647m	522m	—	—
Equity	—	—	−282m	−33m	166m	301m	291m

Metric	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Operating cash flow	−107m	−59m	−58m	−81m
Depreciation and amortisation	43m	47m	47m	46m
Share-based compensation	184,000	551,000	3m	7m
Investing cash flow	2m	−125,000	−39m	−22m
Financing cash flow	119m	49m	34m	105m