Elkem ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	16,897	17,810	21,134	45,018	33,083	24,025	Upgrade
Other Revenue	-	-	-	-1	-	-	Upgrade
Revenue	16,897	17,810	21,134	45,017	33,083	24,025	Upgrade
Revenue Growth (YoY)	103.38%	-15.73%	-53.05%	36.07%	37.70%	8.00%	Upgrade
Cost of Revenue	7,805	8,313	10,825	21,976	15,985	12,858	Upgrade
Gross Profit	9,092	9,497	10,309	23,041	17,098	11,167	Upgrade
Selling, General & Admin	2,936	2,792	2,683	4,979	4,578	4,060	Upgrade
Other Operating Expenses	4,503	4,365	3,546	4,337	5,049	4,422	Upgrade
Operating Expenses	8,418	8,088	7,073	11,315	11,443	10,192	Upgrade
Operating Income	674	1,409	3,236	11,726	5,655	975	Upgrade
Interest Expense	-611	-768	-657	-289	-250	-256	Upgrade
Interest & Investment Income	80	81	139	69	37	28	Upgrade
Earnings From Equity Investments	16	-149	-19	118	86	20	Upgrade
Currency Exchange Gain (Loss)	-102	281	218	481	275	-17	Upgrade
Other Non Operating Income (Expenses)	-12	14	-13	50	51	-9	Upgrade
EBT Excluding Unusual Items	45	868	2,904	12,155	5,854	741	Upgrade
Merger & Restructuring Charges	-43	-32	-35	2	25	-191	Upgrade
Gain (Loss) on Sale of Investments	1	8	2	1	2	-	Upgrade
Gain (Loss) on Sale of Assets	2	2	24	157	-5	-14	Upgrade
Asset Writedown	-42	-168	-25	-28	-76	-17	Upgrade
Other Unusual Items	-	-	-	-71	-	19	Upgrade
Pretax Income	812	1,527	2,878	12,235	5,827	584	Upgrade
Income Tax Expense	246	-588	781	2,594	1,163	306	Upgrade
Earnings From Continuing Operations	566	2,115	2,097	9,641	4,664	278	Upgrade
Earnings From Discontinued Operations	-995	-1,538	-1,927	-	-	-	Upgrade
Net Income to Company	-429	577	170	9,641	4,664	278	Upgrade
Minority Interest in Earnings	-81	-89	-98	-80	-36	-39	Upgrade
Net Income	-510	488	72	9,561	4,628	239	Upgrade
Net Income to Common	-510	488	72	9,561	4,628	239	Upgrade
Net Income Growth	-	577.78%	-99.25%	106.59%	1836.40%	-72.05%	Upgrade
Shares Outstanding (Basic)	634	634	635	634	618	581	Upgrade
Shares Outstanding (Diluted)	634	634	636	636	622	581	Upgrade
Shares Change (YoY)	-0.00%	-0.26%	0.03%	2.18%	6.99%	0.02%	Upgrade
EPS (Basic)	-0.80	0.77	0.11	15.09	7.49	0.41	Upgrade
EPS (Diluted)	-0.80	0.77	0.11	15.04	7.44	0.41	Upgrade
EPS Growth	-	605.36%	-99.27%	102.15%	1714.63%	-72.11%	Upgrade
Free Cash Flow	-1,461	-1,368	-2,219	5,101	1,647	-235	Upgrade
Free Cash Flow Per Share	-2.30	-2.16	-3.49	8.03	2.65	-0.40	Upgrade
Dividend Per Share	0.300	0.300	-	6.000	3.000	0.150	Upgrade
Dividend Growth	-	-	-	100.00%	1900.00%	-75.00%	Upgrade
Gross Margin	53.81%	53.32%	48.78%	51.18%	51.68%	46.48%	Upgrade
Operating Margin	3.99%	7.91%	15.31%	26.05%	17.09%	4.06%	Upgrade
Profit Margin	-3.02%	2.74%	0.34%	21.24%	13.99%	1.00%	Upgrade
Free Cash Flow Margin	-8.65%	-7.68%	-10.50%	11.33%	4.98%	-0.98%	Upgrade
EBITDA	4,708	4,130	5,536	13,495	7,252	2,468	Upgrade
EBITDA Margin	27.86%	23.19%	26.20%	29.98%	21.92%	10.27%	Upgrade
D&A For EBITDA	4,034	2,721	2,300	1,769	1,597	1,493	Upgrade
EBIT	674	1,409	3,236	11,726	5,655	975	Upgrade
EBIT Margin	3.99%	7.91%	15.31%	26.05%	17.09%	4.06%	Upgrade
Effective Tax Rate	30.30%	-	27.14%	21.20%	19.96%	52.40%	Upgrade
Revenue as Reported	17,361	18,870	21,510	45,898	33,717	24,691	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.