Nord Insuretech Group AB (publ) (NGM:NORDIG)

Nord Insuretech Group AB Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4.28	3.26	7.93	13.76	8.04
Revenue Growth (YoY)	31.42%	-58.95%	-42.37%	71.21%	3656.54%
Cost of Revenue	11.66	10.74	19.24	13.58	11.25
Gross Profit	-7.38	-7.48	-11.31	0.19	-3.21
Selling, General & Admin	12.86	11.51	14.02	9.67	7.93
Operating Expenses	27.39	28.35	42.37	15.9	18.79
Operating Income	-34.77	-35.83	-53.68	-15.72	-22
Interest Expense	-0.94	-2.22	-2.62	-0.04	-1.62
Interest & Investment Income	0.11	0.02	0.01	-	-
Currency Exchange Gain (Loss)	-	-0.01	-0.01	1.28	-0.01
Other Non Operating Income (Expenses)	-0	-	-0.11	-0	2.37
EBT Excluding Unusual Items	-35.6	-38.04	-56.42	-14.49	-21.25
Pretax Income	-35.6	-38.04	-56.42	-14.49	-21.25
Income Tax Expense	-	-	-	-	0.02
Net Income	-35.6	-38.04	-56.42	-14.49	-21.27
Net Income to Common	-35.6	-38.04	-56.42	-14.49	-21.27
Shares Outstanding (Basic)	360	243	161	161	133
Shares Outstanding (Diluted)	360	243	161	164	133
Shares Change (YoY)	47.77%	51.08%	-1.83%	23.65%	43.53%
EPS (Basic)	-0.10	-0.16	-0.35	-0.09	-0.16
EPS (Diluted)	-0.10	-0.16	-0.35	-0.09	-0.16
Free Cash Flow	-56.4	-22.68	6.59	2.66	-9.17
Free Cash Flow Per Share	-0.16	-0.09	0.04	0.02	-0.07
Gross Margin	-172.45%	-229.76%	-142.61%	1.35%	-39.91%
Operating Margin	-812.53%	-1100.49%	-676.73%	-114.18%	-273.65%
Profit Margin	-831.99%	-1168.31%	-711.30%	-105.25%	-264.62%
Free Cash Flow Margin	-1317.97%	-696.65%	83.09%	19.32%	-114.04%
EBITDA	-20.24	-32.42	-48.77	-13.2	-17.03
EBITDA Margin	-	-	-	-95.88%	-211.82%
D&A For EBITDA	14.53	3.42	4.91	2.52	4.97
EBIT	-34.77	-35.83	-53.68	-15.72	-22
EBIT Margin	-	-	-	-114.18%	-273.65%
Revenue as Reported	4.28	3.26	7.93	13.76	8.04

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