Kaldalón Income Statement

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

Millions ISK. 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	5,595	4,508	3,222	1,722	232.93
Other Revenue	3	-	6	39	-
Revenue	5,598	4,508	3,228	1,761	232.93
Revenue Growth (YoY)	24.18%	39.65%	83.30%	656.01%	-
Cost of Revenue	277	175	399	138	14.56
Gross Profit	5,321	4,333	2,829	1,623	218.37
Selling, General & Admin	385	353	235	166	124.26
Other Operating Expenses	549	433	107	151	43.72
Operating Expenses	934	786	342	317	167.98
Operating Income	4,387	3,547	2,487	1,306	50.39
Interest Expense	-2,536	-2,242	-1,592	-806	-112.64
Interest & Investment Income	88	366	139	115	4.83
Earnings From Equity Investments	-	-	-	-	-11.18
Other Non Operating Income (Expenses)	-1,583	-1,352	-855	-495	-
EBT Excluding Unusual Items	356	319	179	120	-68.6
Merger & Restructuring Charges	-	-	-	-	-27
Gain (Loss) on Sale of Investments	-	-	-	-	686.57
Gain (Loss) on Sale of Assets	-	-	-	-	1.81
Asset Writedown	3,168	3,991	3,791	2,490	1,188
Pretax Income	3,524	4,310	3,970	2,610	1,781
Income Tax Expense	687	1,079	809	513	441.83
Earnings From Continuing Operations	2,837	3,231	3,161	2,097	1,339
Minority Interest in Earnings	-	-	-1	-130	-188.85
Net Income	2,837	3,231	3,160	1,967	1,150
Net Income to Common	2,837	3,231	3,160	1,967	1,150
Net Income Growth	-12.19%	2.25%	60.65%	70.98%	210.47%
Shares Outstanding (Basic)	1,079	1,107	1,113	811	435
Shares Outstanding (Diluted)	1,119	1,148	1,176	811	435
Shares Change (YoY)	-2.53%	-2.38%	45.01%	86.40%	-
EPS (Basic)	2.63	2.92	2.84	2.43	2.64
EPS (Diluted)	2.54	2.81	2.69	2.40	2.64
EPS Growth	-9.61%	4.46%	12.08%	-9.23%	-
Free Cash Flow	2,711	2,125	838	386	-77.87
Free Cash Flow Per Share	2.42	1.85	0.71	0.48	-0.18
Gross Margin	95.05%	96.12%	87.64%	92.16%	93.75%
Operating Margin	78.37%	78.68%	77.05%	74.16%	21.63%
Profit Margin	50.68%	71.67%	97.89%	111.70%	493.88%
Free Cash Flow Margin	48.43%	47.14%	25.96%	21.92%	-33.43%
EBIT	4,387	3,547	2,487	1,306	50.39
EBIT Margin	78.37%	78.68%	77.05%	74.16%	21.63%
Effective Tax Rate	19.50%	25.04%	20.38%	19.66%	24.81%
Revenue as Reported	5,598	4,508	3,227	1,761	232.93

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