FRA:B4V 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
Operating Revenue	112.62	104.35	118.94	136.97	127.97
Other Revenue	5.59	3.75	0.71	0.69	3.08
Revenue	118.21	108.11	119.65	137.67	131.05
Revenue Growth (YoY)	9.34%	-9.65%	-13.09%	5.05%	33.96%
Cost of Revenue	4.68	5.98	5.93	5.18	3.89
Gross Profit	113.52	102.12	113.72	132.49	127.16
Selling, General & Admin	68.04	61.75	60.6	60.6	48.22
Other Operating Expenses	33.53	35.23	31	30.39	17.32
Operating Expenses	110.71	103.56	97.98	96.01	68.73
Operating Income	2.81	-1.44	15.75	36.48	58.43
Interest Expense	-	-0.35	-0.5	-0.5	-0.69
Interest & Investment Income	9.37	7.01	8.13	3.39	0.84
Currency Exchange Gain (Loss)	-	0.74	-0.42	1.81	0.68
Other Non Operating Income (Expenses)	0	4.62	1.81	0.98	-0.25
Pretax Income	12.18	10.58	24.77	42.14	59
Income Tax Expense	2.3	2.11	5.34	9.28	12.62
Earnings From Continuing Operations	9.88	8.47	19.43	32.86	46.38
Net Income to Company	9.88	8.47	19.43	32.86	46.38
Net Income	9.88	8.47	19.43	32.86	46.38
Net Income to Common	9.88	8.47	19.43	32.86	46.38
Net Income Growth	16.66%	-56.40%	-40.89%	-29.15%	-44.20%
Shares Outstanding (Basic)	52	51	51	50	49
Shares Outstanding (Diluted)	52	51	51	51	50
Shares Change (YoY)	1.97%	0.32%	-0.17%	1.75%	1.90%
EPS (Basic)	0.19	0.17	0.38	0.65	0.94
EPS (Diluted)	0.19	0.17	0.38	0.65	0.93
EPS Growth	14.34%	-56.27%	-41.54%	-30.11%	-45.04%
Free Cash Flow	25.56	0.73	22.76	53.58	64.94
Free Cash Flow Per Share	0.49	0.01	0.45	1.05	1.30
Gross Margin	96.04%	94.47%	95.05%	96.24%	97.04%
Operating Margin	2.38%	-1.33%	13.16%	26.50%	44.59%
Profit Margin	8.36%	7.83%	16.23%	23.87%	35.39%
Free Cash Flow Margin	21.62%	0.67%	19.02%	38.92%	49.55%
EBITDA	7.66	1.31	21.44	41.3	61.46
EBITDA Margin	6.48%	1.21%	17.92%	30.00%	46.90%
D&A For EBITDA	4.85	2.75	5.7	4.83	3.02
EBIT	2.81	-1.44	15.75	36.48	58.43
EBIT Margin	2.38%	-1.33%	13.16%	26.50%	44.59%
Effective Tax Rate	18.89%	19.96%	21.56%	22.03%	21.39%
Revenue as Reported	118.21	108.11	119.65	137.66	131.05

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