Sats ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	5,391	5,064	4,734	4,082	3,247	3,534
Revenue Growth (YoY)	8.23%	6.97%	15.97%	25.72%	-8.12%	-11.36%
Cost of Revenue	2,150	2,004	1,814	1,734	1,505	1,474
Gross Profit	3,241	3,060	2,920	2,348	1,742	2,060
Selling, General & Admin	119	119	110	167	166	152
Other Operating Expenses	994	919	1,043	1,030	754	776
Operating Expenses	2,317	2,236	2,331	2,317	1,962	1,973
Operating Income	924	824	589	31	-220	87
Interest Expense	-263	-301	-352	-253	-285	-305
Interest & Investment Income	32	39	50	12	-	-
Currency Exchange Gain (Loss)	-72	-72	72	-14	-35	66
Other Non Operating Income (Expenses)	-60	-56	-46	-28	21	-26
EBT Excluding Unusual Items	561	434	313	-252	-519	-178
Gain (Loss) on Sale of Assets	-	-	-	-9	-3	-78
Pretax Income	561	434	313	-261	-522	-256
Income Tax Expense	132	108	89	-15	-70	69
Earnings From Continuing Operations	429	326	224	-246	-452	-325
Net Income to Company	-	326	224	-246	-452	-325
Net Income	429	326	224	-246	-452	-325
Net Income to Common	429	326	224	-246	-452	-325
Net Income Growth	50.53%	45.54%	-	-	-	-
Shares Outstanding (Basic)	203	204	203	197	171	171
Shares Outstanding (Diluted)	204	205	204	197	171	171
Shares Change (YoY)	-0.60%	0.68%	3.63%	15.25%	-0.04%	38.73%
EPS (Basic)	2.11	1.59	1.10	-1.25	-2.65	-1.90
EPS (Diluted)	2.10	1.59	1.10	-1.25	-2.65	-1.90
EPS Growth	50.87%	44.55%	-	-	-	-
Free Cash Flow	1,712	1,666	1,591	826	790	883
Free Cash Flow Per Share	8.39	8.11	7.80	4.20	4.62	5.17
Gross Margin	60.12%	60.43%	61.68%	57.52%	53.65%	58.29%
Operating Margin	17.14%	16.27%	12.44%	0.76%	-6.78%	2.46%
Profit Margin	7.96%	6.44%	4.73%	-6.03%	-13.92%	-9.20%
Free Cash Flow Margin	31.76%	32.90%	33.61%	20.23%	24.33%	24.99%
EBITDA	300	979	775	219	-38	276
EBITDA Margin	5.56%	19.33%	16.37%	5.37%	-1.17%	7.81%
D&A For EBITDA	-624	155	186	188	182	189
EBIT	924	824	589	31	-220	87
EBIT Margin	17.14%	16.27%	12.44%	0.76%	-6.78%	2.46%
Effective Tax Rate	23.53%	24.88%	28.43%	-	-	-

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