Arctic Bioscience AS Income Statement

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

Millions NOK. 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
Operating Revenue	40.1	43.48	33.75	34.27	21.52
Other Revenue	2.53	0.92	0.01	0.2	0
Revenue	42.62	44.4	33.76	34.47	21.52
Revenue Growth (YoY)	-4.01%	31.55%	-2.07%	60.21%	4.48%
Cost of Revenue	29.05	31.6	23.98	22.63	15.72
Gross Profit	13.57	12.81	9.78	11.84	5.8
Selling, General & Admin	24.41	25.95	23.51	21.69	17.26
Other Operating Expenses	17.48	29.5	29.47	21.15	25.96
Operating Expenses	47.01	60.6	58.37	46.57	45.74
Operating Income	-33.45	-47.79	-48.59	-34.73	-39.94
Interest Expense	-9.09	-3.15	-0.99	-0	-0.34
Interest & Investment Income	2.06	2.05	3.74	1.89	0.12
Other Non Operating Income (Expenses)	-0.55	0.95	0.33	1.47	-1.78
EBT Excluding Unusual Items	-41.03	-47.93	-45.51	-31.36	-41.94
Other Unusual Items	-	-	-	-2.66	-0.64
Pretax Income	-41.03	-47.93	-45.51	-34.02	-42.58
Net Income	-41.03	-47.93	-45.51	-34.02	-42.58
Net Income to Common	-41.03	-47.93	-45.51	-34.02	-42.58
Shares Outstanding (Basic)	27	25	25	24	24
Shares Outstanding (Diluted)	27	25	25	24	24
Shares Change (YoY)	6.42%	-0.26%	3.88%	0.60%	75.31%
EPS (Basic)	-1.52	-1.89	-1.79	-1.39	-1.75
EPS (Diluted)	-1.52	-1.89	-1.79	-1.39	-1.75
Free Cash Flow	-45.4	-96.17	-65.07	-83.96	-76
Free Cash Flow Per Share	-1.68	-3.79	-2.56	-3.43	-3.12
Gross Margin	31.84%	28.84%	28.97%	34.36%	26.95%
Operating Margin	-78.47%	-107.63%	-143.93%	-100.75%	-185.63%
Profit Margin	-96.25%	-107.95%	-134.83%	-98.71%	-197.90%
Free Cash Flow Margin	-106.52%	-216.58%	-192.78%	-243.58%	-353.22%
EBITDA	-28.33	-44.9	-43.2	-31	-37.42
EBITDA Margin	-66.46%	-101.12%	-127.99%	-89.92%	-173.92%
D&A For EBITDA	5.12	2.89	5.38	3.73	2.52
EBIT	-33.45	-47.79	-48.59	-34.73	-39.94
EBIT Margin	-78.47%	-107.62%	-143.93%	-100.75%	-185.63%
Revenue as Reported	42.62	44.4	33.76	34.47	21.52

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