Cavendish Hydrogen ASA (OSL:CAVEN)

Cavendish Hydrogen ASA Income Statement

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

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Operating Revenue	30.75	33.2
Other Revenue	0.45	0.4
Revenue	31.2	33.6
Revenue Growth (YoY)	-7.14%	-
Cost of Revenue	14.8	14.8
Gross Profit	16.4	18.8
Selling, General & Admin	21.75	25.6
Other Operating Expenses	14.45	2
Operating Expenses	40.7	32.4
Operating Income	-24.3	-13.6
Interest Expense	-1.3	-6
Interest & Investment Income	2.3	-
Other Non Operating Income (Expenses)	-1.1	0.4
Pretax Income	-24.4	-19.2
Income Tax Expense	-0.8	-0.8
Net Income	-23.6	-18.4
Net Income to Common	-23.6	-18.4
Shares Outstanding (Basic)	34	34
Shares Outstanding (Diluted)	34	34
EPS (Basic)	-0.70	-0.55
EPS (Diluted)	-0.71	-0.55
Free Cash Flow	-32.45	-
Free Cash Flow Per Share	-0.97	-
Gross Margin	52.56%	55.95%
Operating Margin	-77.88%	-40.48%
Profit Margin	-75.64%	-54.76%
Free Cash Flow Margin	-104.01%	-
EBITDA	-19.7	-
EBITDA Margin	-63.14%	-
D&A For EBITDA	4.6	-
EBIT	-24.3	-13.6
EBIT Margin	-77.88%	-40.48%
Revenue as Reported	31.1	33.6

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