Hexagon Composites ASA (OSL:HEX)
Norway flag Norway · Delayed Price · Currency is NOK
12.40
+1.46 (13.35%)
Aug 4, 2026, 4:27 PM CET

Hexagon Composites ASA Financials Overview

Millions NOK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
3,075129.235.324,5264,3033,543
Revenue Growth
-36.96%2329.06%-99.88%5.19%21.45%15.02%
Gross Profit
1,592-1,353-2,4892,0381,9761,847
Operating Income
-149.67-149.67370.13145.58105.83-154.1
Net Income
-780.59-1,232-906.141,206-311.33-237.33
Earnings Per Share
-5.03-5.03-1.36-5.06-2.12-1.64
EPS Growth
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Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Fuel Systems
1,8001,8482,287---
Mobile Pipeline
608.61780.612,153---
Aftermarket
400.14433.14450.2---
Corporate/Eliminations
--107.71-27.4526.872.6524.87
Total
2,7012,9544,8624,5214,2923,538

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
211.41211.41302.3154.35713.55600.21
Total Debt
1,7511,7511,8951,5582,2681,472
Net Cash (Debt)
-1,540-1,540-1,593-1,403-1,555-872.21
Net Cash Growth
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Net Cash Per Share
-6.29-6.29-7.42-6.75-7.54-4.36

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-67.01-67.01147.1383.0998.59-344.7
Capital Expenditures
-167.59-85.81-259.29-424.05-507.21-301.24
Free Cash Flow
-234.61-152.82-112.19-40.96-408.62-645.93
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
51.78%-1047.32%-46783.80%45.03%45.94%52.14%
Operating Margin
-4.87%-115.82%6957.31%3.22%2.46%-4.35%
Pretax Margin
-36.14%-953.46%-17032.69%-22.44%0.55%-8.52%
Profit Margin
-36.81%-953.46%-17032.70%-22.41%0.13%-9.25%
FCF Margin
-7.63%-118.26%-2108.82%-0.90%-9.50%-18.23%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
-46.0758.37230.78230.78230.78
PS Ratio
1.4715.071793.261.280.981.42