Nordnet AB Income Statement

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

Millions SEK. 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
Interest and Dividend Income	2,855	3,494	3,311	1,663	945.2
Total Interest Expense	501	859.3	671.3	381.8	217.9
Net Interest Income	2,354	2,635	2,639	1,281	727.3
Brokerage Commission	3,740	3,069	2,458	2,695	3,476
Gain on Sale of Investments (Rev)	-	-9.3	-13	-8.1	26.8
Other Revenue	-26	60.4	61.1	85.5	140
Revenue Before Loan Losses	6,068	5,755	5,145	4,053	4,371
Provision for Loan Losses	-	10	79.6	43.4	36.3
Revenue	6,068	5,745	5,065	4,010	4,334
Revenue Growth (YoY)	5.63%	13.41%	26.32%	-7.48%	34.19%
Salaries & Employee Benefits	-	-	-	-	1.18
Cost of Services Provided	1,998	1,934	1,672	1,744	1,673
Other Operating Expenses	119	50.3	59.1	59	36.9
Total Operating Expenses	2,343	2,268	1,910	1,975	1,874
Operating Income	3,725	3,476	3,155	2,035	2,460
Currency Exchange Gains	-	6.1	5.3	-0.7	-8.9
Other Non-Operating Income (Expenses)	-	-	-0.2	0.1	-0.1
EBT Excluding Unusual Items	3,725	3,482	3,160	2,034	2,451
Pretax Income	3,725	3,482	3,160	2,034	2,451
Income Tax Expense	710	668.8	581.6	381.7	466.5
Earnings From Continuing Ops.	3,015	2,814	2,579	1,653	1,985
Net Income	3,015	2,814	2,579	1,653	1,985
Preferred Dividends & Other Adjustments	60	86.3	121.5	65.8	37.7
Net Income to Common	2,955	2,727	2,457	1,587	1,947
Net Income Growth	7.16%	9.11%	56.05%	-16.74%	69.24%
Shares Outstanding (Basic)	250	251	250	250	250
Shares Outstanding (Diluted)	250	251	250	251	251
Shares Change (YoY)	-0.48%	0.55%	-0.28%	-0.22%	0.46%
EPS (Basic)	11.83	10.86	9.83	6.35	7.79
EPS (Diluted)	11.82	10.85	9.83	6.33	7.75
EPS Growth	8.94%	10.38%	55.29%	-18.32%	70.41%
Free Cash Flow	12,270	6,047	-12,635	6,470	13,566
Free Cash Flow Per Share	49.07	24.07	-50.56	25.82	54.02
Dividend Per Share	8.600	8.100	7.200	4.600	5.560
Dividend Growth	6.17%	12.50%	56.52%	-17.27%	268.21%
Operating Margin	61.39%	60.51%	62.29%	50.74%	56.76%
Profit Margin	48.70%	47.48%	48.51%	39.57%	44.92%
Free Cash Flow Margin	202.21%	105.26%	-249.44%	161.33%	313.00%
Effective Tax Rate	19.06%	19.20%	18.40%	18.76%	19.03%

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