ArcticZymes Technologies ASA (OSL: AZT)

AZT Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	116.03	118.94	136.97	127.97	93.45	45.19
Other Revenue	1.78	0.71	0.69	3.08	4.37	3.99
Revenue	117.8	119.65	137.67	131.05	97.82	49.18
Revenue Growth (YoY)	0.21%	-13.09%	5.05%	33.96%	98.92%	-32.46%
Cost of Revenue	6.51	5.93	5.18	3.89	1.13	1.2
Gross Profit	111.29	113.72	132.49	127.16	96.69	47.98
Selling, General & Admin	63.31	60.6	60.6	48.22	35.15	34.07
Other Operating Expenses	33.96	31	30.39	17.32	16.11	11.77
Operating Expenses	103.38	97.98	96.01	68.73	53.9	48.39
Operating Income	7.91	15.75	36.48	58.43	42.79	-0.41
Interest Expense	-0.47	-0.47	-0.5	-0.69	-0.63	-0.7
Interest & Investment Income	9.76	8.13	3.39	0.84	0.35	0.8
Currency Exchange Gain (Loss)	-0.42	-0.42	1.81	0.68	-0.02	0.13
Other Non Operating Income (Expenses)	1.78	1.77	0.98	-0.25	-0.08	-0.39
EBT Excluding Unusual Items	18.56	24.77	42.14	59	42.41	-0.57
Pretax Income	18.56	24.77	42.14	59	42.41	-0.57
Income Tax Expense	3.94	5.34	9.28	12.62	-33.14	-
Earnings From Continuing Operations	14.62	19.43	32.86	46.38	75.55	-0.57
Earnings From Discontinued Operations	-	-	-	-	9.36	-5.36
Net Income to Company	14.62	19.43	32.86	46.38	84.91	-5.93
Minority Interest in Earnings	-	-	-	-	-1.79	-0.46
Net Income	14.62	19.43	32.86	46.38	83.12	-6.39
Net Income to Common	14.62	19.43	32.86	46.38	83.12	-6.39
Net Income Growth	4.91%	-40.89%	-29.15%	-44.20%	-	-
Shares Outstanding (Basic)	52	51	50	49	48	48
Shares Outstanding (Diluted)	52	51	51	50	49	48
Shares Change (YoY)	2.66%	-0.17%	1.75%	1.90%	1.62%	4.76%
EPS (Basic)	0.28	0.38	0.65	0.94	1.72	-0.13
EPS (Diluted)	0.28	0.38	0.65	0.93	1.69	-0.13
EPS Growth	1.46%	-41.54%	-30.11%	-45.04%	-	-
Free Cash Flow	18.54	22.76	53.58	64.94	44.83	3.28
Free Cash Flow Per Share	0.36	0.45	1.05	1.30	0.91	0.07
Gross Margin	94.47%	95.05%	96.24%	97.04%	98.84%	97.56%
Operating Margin	6.71%	13.16%	26.50%	44.59%	43.75%	-0.83%
Profit Margin	12.41%	16.23%	23.87%	35.39%	84.97%	-12.99%
Free Cash Flow Margin	15.74%	19.02%	38.92%	49.55%	45.82%	6.66%
EBITDA	10.06	17.85	41.3	61.46	43.43	1
EBITDA Margin	8.54%	14.91%	30.00%	46.90%	44.39%	2.04%
D&A For EBITDA	2.15	2.1	4.83	3.02	0.63	1.41
EBIT	7.91	15.75	36.48	58.43	42.79	-0.41
EBIT Margin	6.71%	13.16%	26.50%	44.59%	43.75%	-0.83%
Effective Tax Rate	21.22%	21.56%	22.03%	21.39%	-	-
Revenue as Reported	117.8	119.65	137.66	131.05	97.82	49.18

Source: S&P Capital IQ. Standard template. Financial Sources.