Green Hydrogen Systems Income Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	59.87	41.98	10.42	5.17	9.43	-
Revenue Growth (YoY)	142.93%	302.79%	101.51%	-45.17%	-	-
Cost of Revenue	161.55	169.36	124.12	-17.53	6.69	1.62
Gross Profit	-101.68	-127.38	-113.7	22.7	2.75	-1.62
Selling, General & Admin	147.63	140.27	114.1	109.24	40.44	16.1
Research & Development	145.04	128.93	55.17	-	-	-
Other Operating Expenses	-	-	-	50.76	13.31	3.1
Operating Expenses	292.67	269.2	169.27	174.88	56.82	19.75
Operating Income	-394.35	-396.58	-282.97	-152.18	-54.08	-21.37
Interest Expense	-86.77	-51.95	-4.86	-17.84	-1.84	0.01
Interest & Investment Income	57.49	36.91	0.08	0.31	-	-
Currency Exchange Gain (Loss)	-0.09	-0.09	-0.07	-0.02	-0.02	-0.01
Other Non Operating Income (Expenses)	-0	0	-0	-317.49	-1	-
EBT Excluding Unusual Items	-423.72	-411.7	-287.82	-487.22	-56.94	-21.37
Gain (Loss) on Sale of Assets	-	-	-	0.8	-	-
Other Unusual Items	-	-	-	-11.95	-18.61	-
Pretax Income	-423.72	-411.7	-287.82	-498.37	-75.55	-21.37
Income Tax Expense	-5.5	-5.5	-5.5	-5.5	-2.31	-2.64
Net Income	-418.22	-406.2	-282.32	-492.87	-73.24	-18.73
Net Income to Common	-418.22	-406.2	-282.32	-492.87	-73.24	-18.73
Shares Outstanding (Basic)	208	156	125	63	30	14
Shares Outstanding (Diluted)	208	156	125	63	30	14
Shares Change (YoY)	65.87%	24.97%	98.82%	111.51%	113.45%	-
EPS (Basic)	-2.01	-2.60	-2.26	-7.85	-2.47	-1.35
EPS (Diluted)	-2.01	-2.60	-2.26	-7.85	-2.47	-1.35
Free Cash Flow	-463.78	-421.05	-459.71	-300.81	-45.82	-65.36
Free Cash Flow Per Share	-2.23	-2.70	-3.68	-4.79	-1.54	-4.70
Gross Margin	-169.82%	-	-	438.92%	29.11%	-
Operating Margin	-658.64%	-944.70%	-2715.10%	-2942.38%	-573.26%	-
Profit Margin	-698.50%	-967.62%	-2708.86%	-9529.60%	-776.43%	-
Free Cash Flow Margin	-774.60%	-1003.01%	-4410.94%	-5816.15%	-485.73%	-
EBITDA	-362.66	-369.52	-265.16	-146.18	-53.66	-21.06
D&A For EBITDA	31.69	27.06	17.81	6	0.41	0.31
EBIT	-394.35	-396.58	-282.97	-152.18	-54.08	-21.37
Revenue as Reported	-	-	-	7.55	12.23	0.89

Source: S&P Global Market Intelligence. Standard template. Financial Sources.