FRA:AOR Income Statement

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

Millions EUR. 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
Operating Revenue	171.78	176.91	191.32	139.28	106.06	60.74
Other Revenue	140.21	33.54	38.68	28.07	4.47	3.76
Revenue	311.99	210.44	230	167.35	110.52	64.5
Revenue Growth (YoY)	45.15%	-8.50%	37.44%	51.41%	71.34%	56.10%
Operations & Maintenance	1.12	1.12	0.37	-	-	-
Depreciation & Amortization	49.74	43.66	31.48	24.99	20.38	15.38
Other Operating Expenses	39.47	37	29.75	20.26	17.14	15.44
Total Operating Expenses	90.33	81.78	61.6	45.25	37.52	30.82
Operating Income	221.66	128.67	168.4	122.1	73	33.69
Interest Expense	-42.93	-38.1	-34.17	-21.37	-18.12	-12.99
Interest Income	0.63	0.63	1.44	0.34	0.33	0.4
Net Interest Expense	-42.3	-37.47	-32.73	-21.03	-17.79	-12.59
Currency Exchange Gain (Loss)	-	-	-	0	-0.2	-0.06
Other Non-Operating Income (Expenses)	-0	0	-	-	1.25	-
EBT Excluding Unusual Items	179.36	91.2	135.67	101.07	56.25	21.03
Gain (Loss) on Sale of Assets	28.94	28.94	-	-	-	-
Asset Writedown	-	-	-	-	-	-0.02
Legal Settlements	-	-	-	-	-	-0.6
Pretax Income	208.3	120.14	135.67	101.07	56.25	20.42
Income Tax Expense	35.11	31.53	28.16	11.02	8.22	-10
Earnings From Continuing Ops.	173.19	88.61	107.51	90.05	48.04	30.41
Net Income	173.19	88.61	107.51	90.05	48.04	30.41
Net Income to Common	173.19	88.61	107.51	90.05	48.04	30.41
Net Income Growth	121.46%	-17.58%	19.40%	87.46%	57.94%	27.41%
Shares Outstanding (Basic)	122	125	125	125	125	125
Shares Outstanding (Diluted)	122	125	125	125	125	125
EPS (Basic)	1.42	0.71	0.86	0.72	0.38	0.24
EPS (Diluted)	1.42	0.71	0.86	0.72	0.38	0.24
EPS Growth	-	-17.58%	19.40%	87.46%	57.94%	27.41%
Free Cash Flow	-	-72.07	-230.53	-212.82	-101.24	-86.8
Free Cash Flow Per Share	-	-0.58	-1.84	-1.70	-0.81	-0.69
Profit Margin	55.51%	42.11%	46.74%	53.81%	43.46%	47.15%
Free Cash Flow Margin	-	-34.24%	-100.23%	-127.17%	-91.60%	-134.56%
EBITDA	268.81	167.75	196.71	144.19	91.24	47.53
EBITDA Margin	86.16%	79.71%	85.53%	86.16%	82.55%	73.68%
D&A For EBITDA	47.15	39.08	28.31	22.09	18.24	13.84
EBIT	221.66	128.67	168.4	122.1	73	33.69
EBIT Margin	71.05%	61.14%	73.22%	72.96%	66.05%	52.22%
Effective Tax Rate	16.86%	26.24%	20.75%	10.90%	14.61%	-

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