DOF Group 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
Revenue	1,871	1,385	1,129	939.6	720.21
Revenue Growth (YoY)	35.09%	22.68%	20.16%	30.46%	-0.90%
Cost of Revenue	1,216	476	410	370.89	309.65
Gross Profit	655	909	719	568.72	410.56
Selling, General & Admin	-	221	170	129.52	76.05
Other Operating Expenses	-	259	211	190.01	140.86
Operating Expenses	203	640	501	424.79	333.83
Operating Income	452	269	218	143.93	76.73
Interest Expense	-131	-104	-107	-139.26	-105.68
Interest & Investment Income	35	25	23	6.39	4.99
Earnings From Equity Investments	48	43	39	61.31	30.08
Currency Exchange Gain (Loss)	78	-145	17	-29.94	-64.36
Other Non Operating Income (Expenses)	3	-3	-6	-11.47	-7.38
EBT Excluding Unusual Items	485	85	184	30.96	-65.61
Impairment of Goodwill	-	-	-	-	-2.16
Gain (Loss) on Sale of Investments	-	-1	4	-3.96	-0.11
Gain (Loss) on Sale of Assets	15	2	7	7.11	12.37
Asset Writedown	7	98	157	60.29	-44.61
Other Unusual Items	-	-	-	0.41	32.46
Pretax Income	507	184	352	94.8	-67.65
Income Tax Expense	40	6	-15	8.12	6.13
Earnings From Continuing Operations	467	178	367	86.68	-73.78
Minority Interest in Earnings	-	-	-4	1.12	2.61
Net Income	467	178	363	87.8	-71.17
Net Income to Common	467	178	363	87.8	-71.17
Net Income Growth	162.36%	-50.96%	313.44%	-	-
Shares Outstanding (Basic)	246	191	168	158	158
Shares Outstanding (Diluted)	247	191	168	158	158
Shares Change (YoY)	29.68%	13.45%	6.17%	-	-
EPS (Basic)	1.90	0.93	2.16	0.55	-0.45
EPS (Diluted)	1.89	0.93	2.16	0.55	-0.45
EPS Growth	102.40%	-56.78%	289.40%	-	-
Free Cash Flow	257	296	27	173.47	76.05
Free Cash Flow Per Share	1.04	1.55	0.16	1.10	0.48
Dividend Per Share	1.300	-	-	-	-
Gross Margin	35.01%	65.63%	63.69%	60.53%	57.01%
Operating Margin	24.16%	19.42%	19.31%	15.32%	10.65%
Profit Margin	24.96%	12.85%	32.15%	9.34%	-9.88%
Free Cash Flow Margin	13.74%	21.37%	2.39%	18.46%	10.56%
EBITDA	655	428	343	253.96	199.09
EBITDA Margin	35.01%	30.90%	30.38%	27.03%	27.64%
D&A For EBITDA	203	159	125	110.03	122.36
EBIT	452	269	218	143.93	76.73
EBIT Margin	24.16%	19.42%	19.31%	15.32%	10.65%
Effective Tax Rate	7.89%	3.26%	-	8.57%	-

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