Arion banki hf. (ICE: ARION)

Arion banki Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	64,343	56,200	58,203	51,458	47,646
Revenue Growth (YoY)	14.49%	-3.44%	13.11%	8.00%	3.27%
Gross Profit	-	-	-	-	47,616
Selling, General & Admin	4,852	4,089	3,351	3,565	4,332
Other Operating Expenses	-4,852	-4,089	-3,351	-3,565	25,515
Operating Expenses	-	-	-	-	29,847
Operating Income	-	-	-	-	18,848
Interest Income	123,116	83,591	53,958	51,730	58,307
Interest Expense	78,431	43,314	21,895	20,572	27,990
Other Expense / Income	-	-	-	-	-1,079
Pretax Income	35,336	28,682	34,003	19,978	17,769
Income Tax	-	9,809	6,782	3,231	3,714
Net Income	25,755	25,440	28,605	12,476	1,096
Net Income Common	-	25,440	28,605	12,476	1,096
Net Income Growth	-	-11.06%	129.28%	1038.32%	-84.60%
Free Cash Flow	4,332	56,619	62,885	-57,887	-12,805
Gross Margin	-	-	-	-	99.94%
Operating Margin	-	-	-	-	39.56%
Profit Margin	-	45.27%	49.15%	24.25%	2.30%
Free Cash Flow Margin	6.73%	100.75%	108.04%	-112.49%	-26.88%
Effective Tax Rate	-	34.20%	19.95%	16.17%	20.90%
Depreciation & Amortization	-	683	759	810	826