Solid Clouds hf (ICE:SOLID)

Solid Clouds Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	99.21	20.47	11.14	14.35	63.77
Other Revenue	-17.18	-	-	-	5.67
Revenue	82.03	20.47	11.14	14.35	69.44
Revenue Growth (YoY)	300.78%	83.70%	-22.37%	-79.33%	6943600.00%
Cost of Revenue	147.41	112.65	98.37	65.73	68.86
Gross Profit	-65.38	-92.18	-87.23	-51.37	0.58
Selling, General & Admin	154.17	49.47	14	8.68	16.33
Research & Development	27.91	4.6	4.93	3.31	8.2
Operating Expenses	182.08	54.08	18.93	11.99	24.53
Operating Income	-247.46	-146.26	-106.16	-63.36	-23.95
Interest Expense	-2.75	-1.35	-1.9	-1.24	-1.03
Interest & Investment Income	6.49	9.3	13.63	3.31	0.45
Currency Exchange Gain (Loss)	-1.01	-0.32	0.33	-1.31	1.87
Other Non Operating Income (Expenses)	-0	-0	-	-0	-0
Pretax Income	-244.73	-138.63	-94.12	-62.6	-22.67
Income Tax Expense	159.74	-55.55	-43.34	-28.53	-32.32
Net Income	-404.46	-83.08	-50.78	-34.07	9.64
Net Income to Common	-404.46	-83.08	-50.78	-34.07	9.64
Shares Outstanding (Basic)	332	184	184	184	126
Shares Outstanding (Diluted)	332	184	184	184	126
Shares Change (YoY)	80.13%	-	-	46.04%	8.19%
EPS (Basic)	-1.22	-0.45	-0.28	-0.18	0.08
EPS (Diluted)	-1.22	-0.45	-0.28	-0.18	0.08
Gross Margin	-79.70%	-	-	-	0.83%
Operating Margin	-301.66%	-714.56%	-952.83%	-441.43%	-34.49%
Profit Margin	-493.06%	-405.89%	-455.77%	-237.35%	13.89%
EBIT	-247.46	-146.26	-106.16	-63.36	-23.95
EBIT Margin	-	-	-	-	-34.49%
Revenue as Reported	82.03	20.47	11.14	14.35	69.44
Advertising Expenses	134.25	33.85	-	-	-

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