OSL:GEOS Income Statement

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

Millions NOK. 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
Operating Revenue	339.12	512.82	209.09	141.05	71.19
Other Revenue	30.64	0.14	1	-	-
Revenue	369.76	512.96	210.09	141.05	71.19
Revenue Growth (YoY)	-27.92%	144.17%	48.94%	98.14%	1.63%
Cost of Revenue	250.19	226.52	108.6	116.81	78.6
Gross Profit	119.57	286.44	101.48	24.25	-7.41
Other Operating Expenses	88.07	66.46	45.12	39.89	12.11
Operating Expenses	182.98	147.51	78.36	64.36	30.32
Operating Income	-63.41	138.93	23.13	-40.11	-37.73
Interest Expense	-121.17	-128.68	-87.54	-69.65	-17.51
Interest & Investment Income	1.53	0.13	0.49	0.12	-
Currency Exchange Gain (Loss)	94.46	-100.35	5.77	-37.38	-7.78
Other Non Operating Income (Expenses)	-106.16	-2.12	-67.22	-21.87	-
EBT Excluding Unusual Items	-194.75	-92.09	-125.37	-168.89	-63.02
Gain (Loss) on Sale of Assets	-	-	70.73	-	-
Asset Writedown	-	-	46.1	111	-
Pretax Income	-194.75	-92.09	-8.53	-57.89	-63.02
Income Tax Expense	-	-	-	-	0.14
Earnings From Continuing Operations	-194.75	-92.09	-8.53	-57.89	-63.16
Minority Interest in Earnings	0.04	0.53	0.06	-	-
Net Income	-194.71	-91.57	-8.48	-57.89	-63.16
Net Income to Common	-194.71	-91.57	-8.48	-57.89	-63.16
Shares Outstanding (Basic)	25	25	8	3	2
Shares Outstanding (Diluted)	25	25	8	3	2
Shares Change (YoY)	0.52%	223.85%	205.34%	10.54%	8.48%
EPS (Basic)	-7.76	-3.67	-1.10	-22.93	-27.66
EPS (Diluted)	-7.76	-3.67	-1.10	-23.00	-27.66
Free Cash Flow	-85.16	210.49	-1,123	-110.86	5.81
Free Cash Flow Per Share	-3.39	8.43	-145.74	-43.92	2.54
Gross Margin	32.34%	55.84%	48.30%	17.19%	-10.41%
Operating Margin	-17.15%	27.08%	11.01%	-28.44%	-53.00%
Profit Margin	-52.66%	-17.85%	-4.04%	-41.04%	-88.72%
Free Cash Flow Margin	-23.03%	41.04%	-534.73%	-78.60%	8.17%
EBITDA	29.41	217.86	55.36	-16.64	-19.52
EBITDA Margin	7.95%	42.47%	26.35%	-11.80%	-27.42%
D&A For EBITDA	92.82	78.93	32.23	23.47	18.21
EBIT	-63.41	138.93	23.13	-40.11	-37.73
EBIT Margin	-17.15%	27.08%	11.01%	-28.44%	-53.00%
Revenue as Reported	369.76	512.96	210.09	141.05	71.19

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