Norbit ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,503	1,751	1,519	1,168	787.8
Revenue Growth (YoY)	42.89%	15.31%	30.10%	48.20%	27.31%
Cost of Revenue	1,110	704.6	614.7	549.5	363.3
Gross Profit	1,393	1,047	904.2	618	424.5
Selling, General & Admin	498.8	366.9	321.4	223.5	189.4
Other Operating Expenses	181.5	205.8	191.1	159.1	93.8
Operating Expenses	837.2	701.6	620.2	469.1	352.2
Operating Income	555.3	345.2	284	148.9	72.3
Interest Expense	-33.6	-59.8	-29.7	-16.2	-8.2
Interest & Investment Income	-	23.3	1.1	0.2	0.1
Earnings From Equity Investments	-0.1	-0.2	-	-0.2	-0.3
Currency Exchange Gain (Loss)	-	11.4	-10.6	-10.5	-0.3
Other Non Operating Income (Expenses)	4.7	1.8	1.3	-1.4	-1
EBT Excluding Unusual Items	526.3	321.7	246.1	120.8	62.6
Gain (Loss) on Sale of Investments	-	-	-	-	1.2
Asset Writedown	-	-3.4	-	-	-
Pretax Income	526.3	318.3	246.1	120.8	63.8
Income Tax Expense	122	75	60.8	14.1	15.9
Earnings From Continuing Operations	404.3	243.3	185.3	106.7	47.9
Net Income	404.3	243.3	185.3	106.7	47.9
Net Income to Common	404.3	243.3	185.3	106.7	47.9
Net Income Growth	66.17%	31.30%	73.66%	122.76%	75.46%
Shares Outstanding (Basic)	64	62	60	59	57
Shares Outstanding (Diluted)	64	62	60	59	57
Shares Change (YoY)	3.33%	3.65%	1.63%	2.19%	1.20%
EPS (Basic)	6.34	3.94	3.11	1.82	0.83
EPS (Diluted)	6.32	3.93	3.10	1.82	0.83
EPS Growth	60.81%	26.77%	70.44%	119.14%	72.92%
Free Cash Flow	438.9	391.1	299.4	54.2	18.7
Free Cash Flow Per Share	6.87	6.32	5.02	0.92	0.33
Dividend Per Share	5.000	2.000	1.550	0.700	0.300
Dividend Growth	150.00%	29.03%	121.43%	133.33%	-
Gross Margin	55.64%	59.77%	59.53%	52.93%	53.88%
Operating Margin	22.19%	19.71%	18.70%	12.75%	9.18%
Profit Margin	16.16%	13.89%	12.20%	9.14%	6.08%
Free Cash Flow Margin	17.54%	22.33%	19.71%	4.64%	2.37%
EBITDA	681	395.5	328.4	185.6	99
EBITDA Margin	27.21%	22.58%	21.62%	15.90%	12.57%
D&A For EBITDA	125.7	50.3	44.4	36.7	26.7
EBIT	555.3	345.2	284	148.9	72.3
EBIT Margin	22.19%	19.71%	18.70%	12.75%	9.18%
Effective Tax Rate	23.18%	23.56%	24.70%	11.67%	24.92%

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