General Oceans ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Operating Revenue	957.07	808.77	629.64	334.38	279.98
Other Revenue	3.15	2.11	10.37	29.34	34.07
Revenue	960.21	810.88	640.01	363.73	314.04
Revenue Growth (YoY)	18.42%	26.70%	75.96%	15.82%	-
Cost of Revenue	319.82	247.99	195.17	101.23	76.9
Gross Profit	640.4	562.89	444.83	262.5	237.15
Selling, General & Admin	388.22	295.25	214.01	127.42	117.81
Other Operating Expenses	125.48	141.69	85.62	50.56	41.73
Operating Expenses	573.08	485.99	330.33	188.47	166.85
Operating Income	67.32	76.91	114.5	74.03	70.3
Interest Expense	-12.98	-19.39	-11.88	-10.78	-25.66
Interest & Investment Income	6.54	3.91	1.26	1.67	0.91
Earnings From Equity Investments	-1.78	-3.39	-	-	-
Currency Exchange Gain (Loss)	0.7	2.65	1.01	8.11	12.89
Other Non Operating Income (Expenses)	-	-	-	0	0
EBT Excluding Unusual Items	59.8	60.67	104.89	73.04	58.43
Impairment of Goodwill	-	-117.32	-	-	-
Gain (Loss) on Sale of Assets	0.85	1.16	0.44	-	-
Pretax Income	60.66	-55.49	105.33	73.04	58.43
Income Tax Expense	21.48	17.04	26.6	16.06	10.73
Earnings From Continuing Operations	39.18	-72.53	78.73	56.98	47.7
Minority Interest in Earnings	-	-	-	-	-0.61
Net Income	39.18	-72.53	78.73	56.98	47.08
Net Income to Common	39.18	-72.53	78.73	56.98	47.08
Net Income Growth	-	-	38.19%	21.01%	-
Shares Outstanding (Basic)	56	49	49	45	-
Shares Outstanding (Diluted)	56	49	49	45	-
Shares Change (YoY)	13.98%	0.68%	8.70%	-	-
EPS (Basic)	0.70	-1.48	1.62	1.27	-
EPS (Diluted)	0.70	-1.48	1.62	1.27	-
EPS Growth	-	-	27.13%	-	-
Free Cash Flow	114.5	23.83	79.62	45.73	44.76
Free Cash Flow Per Share	2.05	0.49	1.64	1.02	-
Gross Margin	66.69%	69.42%	69.50%	72.17%	75.51%
Operating Margin	7.01%	9.48%	17.89%	20.35%	22.38%
Profit Margin	4.08%	-8.94%	12.30%	15.66%	14.99%
Free Cash Flow Margin	11.92%	2.94%	12.44%	12.57%	14.25%
EBITDA	110.17	113.92	138.98	84.51	77.61
EBITDA Margin	11.47%	14.05%	21.71%	23.23%	24.71%
D&A For EBITDA	42.85	37.01	24.48	10.48	7.31
EBIT	67.32	76.91	114.5	74.03	70.3
EBIT Margin	7.01%	9.48%	17.89%	20.35%	22.38%
Effective Tax Rate	35.40%	-	25.25%	21.99%	18.37%
Revenue as Reported	-	-	640.45	363.73	314.04

Source: S&P Global Market Intelligence. Standard template. Financial Sources.