Dovre Group Income Statement

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

Millions EUR. 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	91.86	99.34	73.48	202.97	142.74
Revenue Growth (YoY)	-7.53%	35.19%	-63.80%	42.19%	84.25%
Cost of Revenue	103.58	114.91	68.8	188.82	131.34
Gross Profit	-11.72	-15.58	4.68	14.15	11.41
Selling, General & Admin	-	5.59	3.42	0.66	0.44
Other Operating Expenses	47.76	-	-	4.4	4.26
Operating Expenses	51.54	6.29	3.64	6.06	5.55
Operating Income	-63.26	-21.86	1.04	8.1	5.86
Interest Expense	-2.68	-0.94	-0.69	-1.19	-0.47
Interest & Investment Income	2	0.01	0.01	0.1	0.02
Currency Exchange Gain (Loss)	-	-0.03	-0.17	0.1	-0.01
Other Non Operating Income (Expenses)	0.2	0.05	0.08	0	-
EBT Excluding Unusual Items	-63.73	-22.77	0.27	7.11	5.39
Merger & Restructuring Charges	-	-	-	-	-0.05
Impairment of Goodwill	-3.27	-	-	-	-
Gain (Loss) on Sale of Investments	-	0	-0.05	-0.05	0.01
Other Unusual Items	-	-	-	0.37	0.26
Pretax Income	-67	-22.77	0.22	7.43	5.61
Income Tax Expense	0.33	-	0.3	1.62	1.3
Earnings From Continuing Operations	-67.33	-22.77	-0.08	5.81	4.31
Earnings From Discontinued Operations	2.15	3.85	4.67	-	-
Net Income to Company	-65.18	-18.93	4.6	5.81	4.31
Minority Interest in Earnings	11.72	10.66	-0.54	-0.66	-0.64
Net Income	-53.46	-8.27	4.06	5.15	3.67
Net Income to Common	-53.46	-8.27	4.06	5.15	3.67
Net Income Growth	-	-	-21.18%	40.50%	123.19%
Shares Outstanding (Basic)	106	106	107	105	105
Shares Outstanding (Diluted)	106	106	107	105	105
Shares Change (YoY)	0.18%	-0.84%	1.64%	0.18%	2.03%
EPS (Basic)	-0.50	-0.08	0.04	0.05	0.03
EPS (Diluted)	-0.50	-0.08	0.04	0.05	0.03
EPS Growth	-	-	-22.45%	40.25%	118.76%
Free Cash Flow	26.3	0.6	-0.02	2.38	2.2
Free Cash Flow Per Share	0.25	0.01	-	0.02	0.02
Dividend Per Share	-	0.030	0.010	-	-
Dividend Growth	-	200.00%	-	-	-
Gross Margin	-12.76%	-15.68%	6.37%	6.97%	7.99%
Operating Margin	-68.87%	-22.01%	1.41%	3.99%	4.10%
Profit Margin	-58.20%	-8.32%	5.53%	2.54%	2.57%
Free Cash Flow Margin	28.63%	0.60%	-0.03%	1.17%	1.54%
EBITDA	-34.24	-21.72	1.44	8.5	6.23
EBITDA Margin	-37.28%	-21.87%	1.96%	4.19%	4.36%
D&A For EBITDA	29.02	0.14	0.4	0.4	0.37
EBIT	-63.26	-21.86	1.04	8.1	5.86
EBIT Margin	-68.87%	-22.01%	1.41%	3.99%	4.10%
Effective Tax Rate	-	-	134.09%	21.78%	23.16%

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