BlueNord ASA Income Statement

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

Millions USD. 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	1,030	702.3	795	966.9	565.3
Other Revenue	9	-	-	-	-
Revenue	1,039	702.3	795	966.9	565.3
Revenue Growth (YoY)	47.98%	-11.66%	-17.78%	71.04%	-0.12%
Cost of Revenue	461.7	310.4	340.1	323.4	292.7
Gross Profit	577.6	391.9	454.9	643.5	272.6
Selling, General & Admin	16.1	13.9	16.6	11.5	10.7
Other Operating Expenses	69.9	70.7	64.8	68.1	46.6
Operating Expenses	350.2	225.9	185.4	213.8	170.3
Operating Income	227.4	166	269.5	429.7	102.3
Interest Expense	-140.6	-133.6	-19.5	-24.9	-89
Interest & Investment Income	9.7	15.8	17.8	4	-
Currency Exchange Gain (Loss)	-0.8	4.7	-8.6	2.5	4.6
Other Non Operating Income (Expenses)	37.1	-40.9	-16.7	-136	-13
EBT Excluding Unusual Items	132.8	12	242.5	275.3	4.9
Merger & Restructuring Charges	-	-1.8	-	-	-
Gain (Loss) on Sale of Investments	8.6	-	-	-	-
Other Unusual Items	-37.9	-22.3	1	33.7	-
Pretax Income	103.5	-12.1	243.5	309	4.9
Income Tax Expense	6	58.7	133.7	317.8	58.1
Earnings From Continuing Operations	97.5	-70.8	109.8	-8.8	-53.2
Net Income	97.5	-70.8	109.8	-8.8	-53.2
Preferred Dividends & Other Adjustments	17	-	-	-	-
Net Income to Common	80.5	-70.8	109.8	-8.8	-53.2
Shares Outstanding (Basic)	26	26	26	25	24
Shares Outstanding (Diluted)	26	26	26	25	24
Shares Change (YoY)	-0.85%	1.06%	4.16%	3.71%	-31.32%
EPS (Basic)	3.08	-2.69	4.22	-0.35	-2.21
EPS (Diluted)	3.08	-2.70	4.20	-0.40	-2.21
Free Cash Flow	374	72.2	-61.2	317.3	-178.3
Free Cash Flow Per Share	14.33	2.74	-2.35	12.69	-7.39
Gross Margin	55.58%	55.80%	57.22%	66.55%	48.22%
Operating Margin	21.88%	23.64%	33.90%	44.44%	18.10%
Profit Margin	7.75%	-10.08%	13.81%	-0.91%	-9.41%
Free Cash Flow Margin	35.99%	10.28%	-7.70%	32.82%	-31.54%
EBITDA	529.7	355.7	421.4	611.2	249.5
EBITDA Margin	50.97%	50.65%	53.01%	63.21%	44.14%
D&A For EBITDA	302.3	189.7	151.9	181.5	147.2
EBIT	227.4	166	269.5	429.7	102.3
EBIT Margin	21.88%	23.64%	33.90%	44.44%	18.10%
Effective Tax Rate	5.80%	-	54.91%	102.85%	1185.71%
Revenue as Reported	1,039	-	-	-	565.3

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