DNO ASA Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,914	1,474	666.8	667.5
Revenue Growth	184.90%	121.06%	-0.10%	-
Cost of Revenue	1,055	875.3	406.9	364.8
Gross Profit	859	598.7	259.9	302.7
Selling, General & Admin	72.8	48.6	23.5	23.3
Exploration Expenses	117.6	136.5	88.9	47.7
Other Operating Expenses	-99.7	-99.1	141.3	13.5
Total Operating Expenses	90.7	86	253.7	84.5
Operating Income	768.4	512.8	6.1	218.3
Interest Income	39.1	37.7	47.3	45
Interest Expense	-169.2	-153.1	-66.7	-112
Total Non-Operating Income (Expense)	-130.1	-115.4	-19.4	-67
Pretax Income	638.4	397.4	-13.3	151.3
Provision for Income Taxes	609.3	422.6	13.8	132.7
Net Income	-21.5	-25.2	-27.1	18.6
Net Income Attributable to Preferred Dividends	-	21.5	-	-
Net Income to Common	-3.1	-46.7	-27.1	18.6
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	975	975	975	980
Shares Outstanding (Diluted)	975	975	975	980
Shares Change	-	-	-0.51%	-
EPS (Basic)	-0.01	-0.05	-0.03	0.02
EPS (Diluted)	-0.01	-0.05	-0.03	0.02
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	258.7	102.9	213.2	30.5
Free Cash Flow Growth	51.02%	-51.73%	599.02%	-
Free Cash Flow Per Share	0.27	0.11	0.22	0.03
Dividends Per Share	0.145	0.136	0.099	0.099
Dividend Growth	37.44%	37.74%	0.41%	-
Gross Margin	44.89%	40.62%	38.98%	45.35%
Operating Margin	40.15%	34.79%	0.91%	32.70%
Profit Margin	-1.12%	-1.71%	-4.06%	2.79%
FCF Margin	13.52%	6.98%	31.97%	4.57%
EBITDA	1,267	916.2	190.2	364.7
EBITDA Margin	66.20%	62.16%	28.52%	54.64%
EBIT	768.4	512.8	6.1	218.3
EBIT Margin	40.15%	34.79%	0.91%	32.70%
Effective Tax Rate	95.44%	106.34%	-103.76%	87.71%