Sýn hf. 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
Revenue	21,981	21,647	21,746	22,983	21,765
Revenue Growth (YoY)	1.54%	-0.46%	-5.38%	5.60%	3.92%
Cost of Revenue	15,103	14,946	14,311	14,966	14,672
Gross Profit	6,878	6,701	7,435	8,017	7,093
Selling, General & Admin	-	-	5,295	5,429	5,209
Other Operating Expenses	2,171	2,080	-	-	-
Operating Expenses	6,566	6,197	6,518	6,565	6,359
Operating Income	312	504	917	1,452	734
Interest Expense	-1,272	-1,354	-1,170	-998	-613
Interest & Investment Income	36	44	45	222	22
Earnings From Equity Investments	7	7	-	-	-251
Currency Exchange Gain (Loss)	21	10	34	-70	18
Other Non Operating Income (Expenses)	-	-1	-	-	-
EBT Excluding Unusual Items	-896	-790	-174	606	-90
Impairment of Goodwill	-	-1,161	-	-	-
Gain (Loss) on Sale of Investments	-	11	-	-	-
Gain (Loss) on Sale of Assets	-	-	2,436	-	2,552
Other Unusual Items	-	-	-	140	-
Pretax Income	-896	-1,940	2,262	746	2,462
Income Tax Expense	-262	-261	283	-142	362
Earnings From Continuing Operations	-634	-1,679	1,979	888	2,100
Earnings From Discontinued Operations	-	161	130	-	-
Net Income	-634	-1,518	2,109	888	2,100
Net Income to Common	-634	-1,518	2,109	888	2,100
Net Income Growth	-	-	137.50%	-57.71%	-
Shares Outstanding (Basic)	248	248	251	269	296
Shares Outstanding (Diluted)	248	248	251	269	296
Shares Change (YoY)	-	-1.22%	-6.70%	-9.02%	2.24%
EPS (Basic)	-2.56	-6.12	8.40	3.30	7.10
EPS (Diluted)	-2.56	-6.12	8.40	3.30	7.10
EPS Growth	-	-	154.54%	-53.52%	-
Free Cash Flow	2,836	3,459	2,516	4,627	4,617
Free Cash Flow Per Share	11.44	13.95	10.02	17.20	15.61
Gross Margin	31.29%	30.96%	34.19%	34.88%	32.59%
Operating Margin	1.42%	2.33%	4.22%	6.32%	3.37%
Profit Margin	-2.88%	-7.01%	9.70%	3.86%	9.65%
Free Cash Flow Margin	12.90%	15.98%	11.57%	20.13%	21.21%
EBITDA	1,193	1,410	1,993	2,434	1,909
EBITDA Margin	5.43%	6.51%	9.16%	10.59%	8.77%
D&A For EBITDA	881	906	1,076	982	1,175
EBIT	312	504	917	1,452	734
EBIT Margin	1.42%	2.33%	4.22%	6.32%	3.37%
Effective Tax Rate	-	-	12.51%	-	14.70%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.