TECHNO ASSOCIE Co., Ltd. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2022	€488.97M +17.7%	€13.76M +74.5%	2.8% +0.0092 pp	€5.53M -71.6%	1.1% -0.035 pp
2021	€415.41M -7.4%	€7.88M -9.6%	1.9% -0.00046 pp	€19.43M -40.7%	4.7% -0.026 pp
2020	€448.81M -0.7%	€8.73M -33.1%	1.9% -0.0094 pp	€32.76M +111.0%	7.3% +0.039 pp
2019	€452.00M +3.1%	€13.03M -10.3%	2.9% -0.0043 pp	€15.53M +31.0%	3.4% +0.0073 pp
2018	€438.42M +3.7%	€14.54M +7.2%	3.3% +0.0011 pp	€11.85M -51.7%	2.7% -0.031 pp
2017	€422.75M -6.0%	€13.56M +62.8%	3.2% +0.014 pp	€24.55M -17.4%	5.8% -0.0080 pp
2016	€449.72M -8.0%	€8.33M -16.3%	1.9% -0.0018 pp	€29.73M -30.7%	6.6% -0.022 pp
2015	€488.92M -12.9%	€9.95M -20.2%	2.0% -0.0018 pp	€42.92M +29.9%	8.8% +0.029 pp
2014	€561.49M +7.4%	€12.47M +75.9%	2.2% +0.0086 pp	€33.04M +118.7%	5.9% +0.030 pp
2013	€522.82M +16.9%	€7.09M +10.6%	1.4% -0.00077 pp	€15.10M +73.5%	2.9% +0.0094 pp
2012	€447.04M -0.4%	€6.41M -12.4%	1.4% -0.0020 pp	€8.70M -55.4%	1.9% -0.024 pp
2011	€449.01M +13.8%	€7.31M +1,113.2%	1.6% +0.015 pp	€19.52M +34.9%	4.3% +0.0068 pp
2010	€394.56M -13.6%	€602.55K -79.1%	0.2% -0.0048 pp	€14.47M -69.3%	3.7% -0.067 pp
2009	€456.41M -17.5%	€2.88M -82.6%	0.6% -0.024 pp	€47.10M -1.9%	10.3% +0.016 pp
2008	€553.27M	€16.57M	3.0%	€47.99M	8.7%