Appear ASA 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 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '19 Dec 1, 2019
Revenue	800.94	605.61	407.61	316.44	226.73
Revenue Growth (YoY)	32.25%	48.58%	28.81%	39.57%	10.54%
Cost of Revenue	464.06	421.58	306.01	278.29	75.5
Gross Profit	336.88	184.03	101.61	38.15	151.23
Selling, General & Admin	-	-	-	-	99.98
Other Operating Expenses	147.72	94.34	57.33	50.74	38.48
Operating Expenses	166.13	108.49	68.47	61.09	139.77
Operating Income	170.75	75.54	33.14	-22.94	11.46
Interest Expense	-1.26	-	-0.86	-1.41	-0.03
Interest & Investment Income	-	18.15	1.88	0.59	9.2
Other Non Operating Income (Expenses)	-0	-	7.43	0.16	-
EBT Excluding Unusual Items	169.49	93.69	41.59	-23.6	20.62
Gain (Loss) on Sale of Assets	-0.03	-2.39	-	-	-
Pretax Income	169.46	91.3	41.59	-23.6	20.62
Income Tax Expense	40.3	21.78	9.16	-10.24	3.54
Earnings From Continuing Operations	129.16	69.51	32.43	-13.36	17.09
Net Income to Company	129.16	69.51	32.43	-13.36	-
Net Income	129.16	69.51	32.43	-13.36	17.09
Net Income to Common	129.16	69.51	32.43	-13.36	-
Net Income Growth	85.81%	114.36%	-	-	83.76%
Shares Outstanding (Basic)	38	38	38	38	-
Shares Outstanding (Diluted)	38	38	38	38	-
Shares Change (YoY)	0.52%	-0.00%	-	-	-
EPS (Basic)	3.42	1.85	0.86	-0.36	-
EPS (Diluted)	3.42	1.85	0.86	-0.36	-
EPS Growth	84.84%	114.37%	-	-	-
Free Cash Flow	139.39	66.65	78.97	-50.37	-
Free Cash Flow Per Share	3.69	1.77	2.10	-1.34	-
Gross Margin	42.06%	30.39%	24.93%	12.06%	66.70%
Operating Margin	21.32%	12.47%	8.13%	-7.25%	5.05%
Profit Margin	16.13%	11.48%	7.96%	-4.22%	-
Free Cash Flow Margin	17.40%	11.01%	19.37%	-15.92%	-
EBITDA	189.16	89.68	36.92	-19.88	12.77
EBITDA Margin	23.62%	14.81%	9.06%	-6.28%	5.63%
D&A For EBITDA	18.41	14.15	3.78	3.06	-
EBIT	170.75	75.54	33.14	-22.94	11.46
EBIT Margin	21.32%	12.47%	8.13%	-7.25%	5.05%
Effective Tax Rate	23.78%	23.86%	22.03%	-	-
Revenue as Reported	801.01	606.15	417.58	321.84	-

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