FRA:9Q3 Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	16.25	9.18	1.22	0.08	-
Revenue Growth (YoY)	77.04%	651.77%	1358.05%	-	-
Cost of Revenue	13.77	13.91	20.71	16.13	11.57
Gross Profit	2.48	-4.73	-19.49	-16.05	-11.57
Other Operating Expenses	22.45	18.81	20.1	23.98	10.99
Operating Expenses	26.82	22.63	21.7	25.73	12.34
Operating Income	-24.35	-27.35	-41.2	-41.78	-23.91
Interest Expense	-2.59	-1.96	-0.11	-0.11	-0.11
Interest & Investment Income	0	-	-	0	0
Other Non Operating Income (Expenses)	-3.7	-0.14	-0.22	10.92	0.26
EBT Excluding Unusual Items	-30.64	-29.45	-41.52	-30.97	-23.75
Asset Writedown	-	0.14	-4.45	-0.03	-
Pretax Income	-30.64	-29.31	-45.97	-31	-23.75
Income Tax Expense	-7.4	-6.45	-10.11	-6.82	-5.82
Net Income	-23.24	-22.86	-35.86	-24.18	-17.93
Net Income to Common	-23.24	-22.86	-35.86	-24.18	-17.93
Shares Outstanding (Basic)	137	68	68	65	45
Shares Outstanding (Diluted)	137	68	68	65	45
Shares Change (YoY)	100.81%	-	5.16%	42.65%	15.21%
EPS (Basic)	-0.17	-0.34	-0.53	-0.37	-0.39
EPS (Diluted)	-0.17	-0.34	-0.53	-0.37	-0.39
Free Cash Flow	-26.9	-27.79	-66.14	-13.29	-27.22
Free Cash Flow Per Share	-0.20	-0.41	-0.97	-0.20	-0.60
Gross Margin	15.25%	-51.48%	-	-	-
Operating Margin	-149.80%	-297.93%	-3373.51%	-49891.53%	-
Profit Margin	-142.98%	-249.05%	-2936.55%	-28873.42%	-
Free Cash Flow Margin	-165.51%	-302.74%	-5416.47%	-15868.32%	-
EBITDA	-24.27	-23.53	-39.59	-40.03	-22.55
EBITDA Margin	-149.36%	-256.33%	-	-	-
D&A For EBITDA	0.07	3.82	1.61	1.75	1.36
EBIT	-24.35	-27.35	-41.2	-41.78	-23.91
EBIT Margin	-149.80%	-297.93%	-	-	-
Revenue as Reported	18.02	9.58	6.72	7.83	0.76

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