Argeo ASA Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	55.19	52.01	7.21	3.48	1.79	1.39
Other Revenue	0.31	1.49	2.92	0.01	0.06	0.11
Revenue	55.5	53.51	10.13	3.49	1.84	1.5
Revenue Growth (YoY)	223.52%	428.42%	190.56%	89.20%	23.01%	319.79%
Cost of Revenue	46.1	41.27	14.54	5.67	3.15	0.38
Gross Profit	9.4	12.24	-4.42	-2.18	-1.31	1.12
Selling, General & Admin	5.72	5.45	1.86	2.97	1.75	-
Other Operating Expenses	-	-	-	-	-	0.93
Operating Expenses	15.18	14.89	6.55	4.4	1.97	1.04
Operating Income	-5.78	-2.66	-10.96	-6.58	-3.28	0.08
Interest Expense	-7.02	-6.31	-1.7	-0.67	-0.02	-0.01
Interest & Investment Income	0.05	0.05	0.06	0.03	0.01	0
Earnings From Equity Investments	-0.05	-0.07	-0.08	-0.33	-0.05	-
Currency Exchange Gain (Loss)	-0.18	2.2	-1.42	-0.22	0.09	0
Other Non Operating Income (Expenses)	-0.03	-0.03	-0.05	-0.05	-0.05	0.22
EBT Excluding Unusual Items	-13.01	-6.82	-14.16	-7.82	-3.3	0.29
Asset Writedown	-	-	-2.7	-	-	-
Pretax Income	-13.01	-6.82	-16.86	-7.82	-3.3	0.29
Income Tax Expense	0.13	0.12	0.08	1.11	-1.15	0.06
Net Income	-13.13	-6.94	-16.94	-8.93	-2.16	0.23
Net Income to Common	-13.13	-6.94	-16.94	-8.93	-2.16	0.23
Net Income Growth	-	-	-	-	-	145.01%
Shares Outstanding (Basic)	45	43	21	8	4	1
Shares Outstanding (Diluted)	45	43	21	8	4	1
Shares Change (YoY)	70.12%	107.62%	166.08%	85.16%	244.13%	-
EPS (Basic)	-0.29	-0.16	-0.82	-1.15	-0.51	0.19
EPS (Diluted)	-0.29	-0.16	-0.82	-1.15	-0.51	0.19
Free Cash Flow	-1.77	-15.05	-25.29	-20.13	-11.57	0.3
Free Cash Flow Per Share	-0.04	-0.35	-1.22	-2.59	-2.75	0.24
Gross Margin	16.94%	22.87%	-43.60%	-62.58%	-70.85%	74.69%
Operating Margin	-10.41%	-4.96%	-108.27%	-188.87%	-178.01%	5.13%
Profit Margin	-23.66%	-12.97%	-167.24%	-256.13%	-117.05%	15.63%
Free Cash Flow Margin	-3.19%	-28.12%	-249.79%	-577.65%	-628.01%	19.88%
EBITDA	-1.3	1.85	-7.9	-5.51	-3.23	0.12
EBITDA Margin	-2.33%	3.45%	-78.04%	-158.08%	-175.14%	8.32%
D&A For EBITDA	4.48	4.5	3.06	1.07	0.05	0.05
EBIT	-5.78	-2.66	-10.96	-6.58	-3.28	0.08
EBIT Margin	-10.41%	-4.96%	-108.27%	-188.87%	-178.01%	5.13%
Effective Tax Rate	-	-	-	-	-	20.16%
Revenue as Reported	55.5	53.51	10.13	3.49	1.84	1.5

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