Penneo 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	Sep '24 Sep 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	94.8	88.45	72.06	54.28	35.53	27.6
Revenue Growth (YoY)	16.65%	22.75%	32.75%	52.76%	28.76%	-
Cost of Revenue	13.8	12.36	12.52	9.66	7.01	9.96
Gross Profit	81	76.09	59.54	44.62	28.52	17.64
Selling, General & Admin	76.18	84.78	70.66	58.69	37.26	16.81
Other Operating Expenses	-0	-0.04	2.32	0.97	2.3	0.43
Operating Expenses	94.09	99.18	83	67.34	44.76	19.8
Operating Income	-13.1	-23.1	-23.46	-22.72	-16.24	-2.16
Interest Expense	-1.74	-1.45	-1.67	-0.77	-0.67	-0.02
Currency Exchange Gain (Loss)	-0.1	-0.1	-0.22	-0.04	-0.07	-0.01
Other Non Operating Income (Expenses)	-0.08	-0.08	-0.41	-0.64	-0.3	-0.48
Pretax Income	-14.8	-24.73	-25.76	-24.17	-17.29	-2.68
Income Tax Expense	0.1	-	-5.5	-5.54	-4.49	-0.02
Net Income	-14.9	-24.73	-20.26	-18.63	-12.8	-2.65
Preferred Dividends & Other Adjustments	-	-	-	-	-	0
Net Income to Common	-14.9	-24.73	-20.26	-18.63	-12.8	-2.66
Shares Outstanding (Basic)	34	33	31	26	20	6
Shares Outstanding (Diluted)	34	33	31	26	20	6
Shares Change (YoY)	4.18%	6.44%	20.74%	30.95%	249.31%	-
EPS (Basic)	-0.44	-0.75	-0.65	-0.72	-0.65	-0.47
EPS (Diluted)	-0.44	-0.75	-0.65	-0.72	-0.65	-0.47
Free Cash Flow	11.73	7.46	-10.15	-8.77	-9.35	-1.21
Free Cash Flow Per Share	0.35	0.23	-0.33	-0.34	-0.48	-0.22
Gross Margin	85.44%	86.02%	82.62%	82.20%	80.26%	63.92%
Operating Margin	-13.81%	-26.12%	-32.56%	-41.86%	-45.72%	-7.82%
Profit Margin	-15.71%	-27.96%	-28.12%	-34.33%	-36.03%	-9.62%
Free Cash Flow Margin	12.37%	8.44%	-14.08%	-16.15%	-26.31%	-4.38%
EBITDA	-8.63	-22.1	-22.57	-21.87	-15.96	-2.13
EBITDA Margin	-9.10%	-24.99%	-31.32%	-40.29%	-44.92%	-7.72%
D&A For EBITDA	4.47	1	0.9	0.85	0.28	0.03
EBIT	-13.1	-23.1	-23.46	-22.72	-16.24	-2.16
EBIT Margin	-13.81%	-26.12%	-32.56%	-41.86%	-45.72%	-7.82%

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