← Cover Page
	2. ACQUIRER HISTORICAL FINANCIALS
	Apex Industrial Corp. ($ in millions)
		FY2023A	FY2024A	FY2025A
	INCOME STATEMENT
	Revenue	$10,800	$11,500	$12,500
	Cost of Goods Sold	($6,480)	($6,785)	($7,250)
	Gross Profit	$4,320	$4,715	$5,250
	Gross Margin (%)	40.0%	41.0%	42.0%
	SG&A Expenses	($1,620)	($1,725)	($1,875)
	R&D Expenses	($540)	($575)	($625)
	Depreciation & Amortization	($480)	($510)	($550)
	Total Operating Expenses	($2,640)	($2,810)	($3,050)
	Operating Income (EBIT)	$1,680	$1,905	$2,200
	EBIT Margin (%)	15.6%	16.6%	17.6%
	Interest Expense	($250)	($270)	($280)
	Other Income / (Expense)	$30	$25	$30
	Pre-Tax Income (EBT)	$1,460	$1,660	$1,950
	Income Tax Expense	($365)	($415)	($488)
	Tax Rate (%)	25.0%	25.0%	25.0%
	Net Income	$1,095	$1,245	$1,463
	Net Margin (%)	10.1%	10.8%	11.7%
	EBITDA	$2,160	$2,415	$2,750
	EBITDA Margin (%)	20.0%	21.0%	22.0%
	Diluted Shares Outstanding (mm)	248.0	249.0	250.0
	Diluted EPS ($)	$4.42	$5.00	$5.85
	BALANCE SHEET
	Cash & Equivalents	$1,500	$1,650	$1,800
	Accounts Receivable	$1,620	$1,725	$1,875
	Inventory	$1,080	$1,150	$1,250
	Other Current Assets	$350	$370	$400
	Total Current Assets	$4,550	$4,895	$5,325
	Net PP&E	$3,200	$3,400	$3,600
	Goodwill	$2,800	$2,800	$2,800
	Other Intangibles	$600	$550	$500
	Other Long-Term Assets	$450	$480	$510
	Total Assets	$11,600	$12,125	$12,735
	Accounts Payable	$1,080	$1,150	$1,250
	Accrued Liabilities	$810	$862	$937
	Current Portion of Debt	$200	$200	$200
	Other Current Liabilities	$350	$370	$400
	Total Current Liabilities	$2,440	$2,582	$2,787
	Long-Term Debt	$2,800	$2,800	$3,000
	Other Long-Term Liabilities	$500	$520	$540
	Total Liabilities	$5,740	$5,902	$6,327
	Total Shareholders' Equity	$5,860	$6,223	$6,408
	Total Liabilities & Equity	$11,600	$12,125	$12,735
	YOY GROWTH ANALYSIS
	Revenue Growth		6.5%	8.7%
	EBITDA Growth		11.8%	13.9%
	Net Income Growth		13.7%	17.5%
	EPS Growth		13.2%	17.0%
	Note: Sample historical data for template purposes. Replace blue-font inputs with actual company financials.
	Source: Company 10-K filings, FY2023–2025. All figures in USD millions.