Sýn hf. Income Statement

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

Millions ISK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	21,490	21,647	21,746	22,983	21,765	20,944
Revenue Growth (YoY)	-1.37%	-0.46%	-5.38%	5.60%	3.92%	5.72%
Cost of Revenue	14,328	14,357	14,311	14,966	14,672	14,436
Gross Profit	7,162	7,290	7,435	8,017	7,093	6,508
Selling, General & Admin	5,698	5,583	5,295	5,429	5,209	5,100
Other Operating Expenses	62	-1	-	-	-	-
Operating Expenses	7,025	6,780	6,518	6,565	6,359	6,347
Operating Income	137	510	917	1,452	734	161
Interest Expense	-1,271	-1,354	-1,170	-998	-613	-728
Interest & Investment Income	53	54	45	222	22	23
Earnings From Equity Investments	-	-	-	-	-251	98
Currency Exchange Gain (Loss)	33	10	34	-70	18	-205
Other Non Operating Income (Expenses)	1	1	-	-	-	-
EBT Excluding Unusual Items	-1,047	-779	-174	606	-90	-651
Impairment of Goodwill	-1,161	-1,161	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	2,436	-	2,552	-
Other Unusual Items	-	-	-	140	-	-
Pretax Income	-2,219	-1,940	2,262	746	2,462	-651
Income Tax Expense	-266	-261	283	-142	362	-246
Earnings From Continuing Operations	-1,953	-1,679	1,979	888	2,100	-405
Earnings From Discontinued Operations	-1	161	130	-	-	-
Net Income	-1,954	-1,518	2,109	888	2,100	-405
Net Income to Common	-1,954	-1,518	2,109	888	2,100	-405
Net Income Growth	-	-	137.50%	-57.71%	-	-
Shares Outstanding (Basic)	268	249	251	269	296	289
Shares Outstanding (Diluted)	268	249	251	269	296	289
Shares Change (YoY)	21.33%	-0.88%	-6.70%	-9.02%	2.24%	-2.36%
EPS (Basic)	-7.30	-6.10	8.40	3.30	7.10	-1.40
EPS (Diluted)	-7.30	-6.10	8.40	3.30	7.10	-1.40
EPS Growth	-	-	154.54%	-53.52%	-	-
Free Cash Flow	3,322	3,459	2,516	4,627	4,617	5,368
Free Cash Flow Per Share	12.41	13.90	10.02	17.20	15.61	18.56
Gross Margin	33.33%	33.68%	34.19%	34.88%	32.59%	31.07%
Operating Margin	0.64%	2.36%	4.22%	6.32%	3.37%	0.77%
Profit Margin	-9.09%	-7.01%	9.70%	3.86%	9.65%	-1.93%
Free Cash Flow Margin	15.46%	15.98%	11.57%	20.13%	21.21%	25.63%
EBITDA	1,003	1,416	1,993	2,434	1,909	2,106
EBITDA Margin	4.67%	6.54%	9.16%	10.59%	8.77%	10.05%
D&A For EBITDA	866	906	1,076	982	1,175	1,945
EBIT	137	510	917	1,452	734	161
EBIT Margin	0.64%	2.36%	4.22%	6.32%	3.37%	0.77%
Effective Tax Rate	-	-	12.51%	-	14.70%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.