PetroNor E&P ASA (FRA:FQ00)

PetroNor E&P ASA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	117.31	204.53	187.33	146.07	106.46	67.54
Revenue Growth (YoY)	-41.52%	9.18%	28.25%	37.20%	57.62%	-34.27%
Cost of Revenue	55.35	105.19	70.67	46.21	34.59	25.89
Gross Profit	61.96	99.34	116.66	99.86	71.88	41.66
Selling, General & Admin	8.5	13.02	11.13	14.16	13.13	11.58
Other Operating Expenses	5.01	3.54	2.71	1.06	0.13	0.89
Operating Expenses	13.61	16.6	14.59	15.76	15.53	12.47
Operating Income	48.35	82.74	102.07	84.09	56.35	29.19
Interest Expense	-0.36	-0.35	-0.81	-2.32	-2.05	-1.52
Interest & Investment Income	2.56	1.87	-	-	-	-
Currency Exchange Gain (Loss)	0.15	0.17	-0.27	-1.93	-0.06	1.51
Other Non Operating Income (Expenses)	1.05	-0.03	-0.04	-	-	-
EBT Excluding Unusual Items	51.74	84.39	100.95	79.85	54.25	29.17
Merger & Restructuring Charges	-0.26	-0.73	-	-	-	-
Other Unusual Items	-	-	-	-0.17	-	-0.95
Pretax Income	51.48	83.67	100.95	79.68	54.25	28.23
Income Tax Expense	33.87	39.98	39.85	47.58	33.1	17.08
Earnings From Continuing Operations	17.62	43.69	61.09	32.1	21.14	11.15
Earnings From Discontinued Operations	-1.53	-1.53	17.96	2.32	-	-
Net Income to Company	16.08	42.16	79.05	34.43	21.14	11.15
Minority Interest in Earnings	-3.67	-8.52	-11.22	-7.39	-8.83	-8.78
Net Income	12.42	33.64	67.83	27.04	12.31	2.37
Net Income to Common	12.42	33.64	67.83	27.04	12.31	2.37
Net Income Growth	-82.41%	-50.41%	150.89%	119.56%	418.92%	-
Shares Outstanding (Basic)	142	142	142	137	116	97
Shares Outstanding (Diluted)	142	142	142	137	116	97
Shares Change (YoY)	-	-	3.70%	18.15%	19.26%	12.24%
EPS (Basic)	0.09	0.24	0.48	0.20	0.11	0.02
EPS (Diluted)	0.09	0.24	0.48	0.20	0.11	0.02
EPS Growth	-82.41%	-50.39%	141.80%	85.77%	341.67%	-
Free Cash Flow	16.3	47.7	11.17	-0.59	0.11	-7.53
Free Cash Flow Per Share	0.12	0.34	0.08	-0.00	0.00	-0.08
Gross Margin	52.82%	48.57%	62.28%	68.36%	67.52%	61.68%
Operating Margin	41.21%	40.45%	54.49%	57.57%	52.93%	43.21%
Profit Margin	10.58%	16.45%	36.21%	18.51%	11.57%	3.51%
Free Cash Flow Margin	13.89%	23.32%	5.96%	-0.40%	0.11%	-11.15%
EBITDA	71.32	106.47	121.79	94.23	61.77	34.6
EBITDA Margin	60.80%	52.05%	65.01%	64.52%	58.02%	51.22%
D&A For EBITDA	22.98	23.73	19.72	10.14	5.42	5.41
EBIT	48.35	82.74	102.07	84.09	56.35	29.19
EBIT Margin	41.21%	40.45%	54.49%	57.57%	52.93%	43.21%
Effective Tax Rate	65.78%	47.78%	39.48%	59.71%	61.02%	60.50%

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