Huddlestock Fintech AS Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	85.15	85.15	46.71	-	-
Other Revenue	-6.96	-	-	23.36	0.23
Revenue	78.19	85.15	46.71	23.36	0.23
Revenue Growth (YoY)	9.53%	82.30%	99.92%	10283.64%	-
Cost of Revenue	51.93	66.89	50.23	17.88	0.41
Gross Profit	26.25	18.26	-3.52	5.48	-0.18
Other Operating Expenses	47.85	34.67	11.17	13.08	8.29
Operating Expenses	121.81	98.65	29.58	23.67	8.29
Operating Income	-95.56	-80.39	-33.11	-18.19	-8.47
Interest Expense	-3.51	-2.7	-0.85	-2.02	-0.04
Interest & Investment Income	0.79	0.79	0.43	-	0.01
Other Non Operating Income (Expenses)	-4.45	-4.84	-0.03	0.02	0.11
Pretax Income	-102.73	-87.13	-33.55	-20.2	-8.4
Income Tax Expense	-0.66	-0.81	-1.82	-0.66	-
Earnings From Continuing Operations	-102.07	-86.32	-31.74	-19.54	-8.4
Earnings From Discontinued Operations	-	-	-	-0.08	-4.03
Net Income	-102.07	-86.32	-31.74	-19.63	-12.43
Net Income to Common	-102.07	-86.32	-31.74	-19.63	-12.43
Shares Outstanding (Basic)	-	180	-	119	-
Shares Outstanding (Diluted)	-	180	-	119	-
EPS (Basic)	-	-0.48	-	-0.16	-
EPS (Diluted)	-	-0.48	-	-0.16	-
Free Cash Flow	-24.68	-23.83	-18.37	-6.84	-6.81
Free Cash Flow Per Share	-	-0.13	-	-0.06	-
Gross Margin	33.57%	21.44%	-7.54%	23.45%	-81.33%
Operating Margin	-122.22%	-94.41%	-70.88%	-77.88%	-3766.22%
Profit Margin	-130.55%	-101.38%	-67.95%	-84.00%	-5523.56%
Free Cash Flow Margin	-31.56%	-27.98%	-39.32%	-29.26%	-3028.69%
EBITDA	-41.13	-35.95	-14.7	-7.6	-4.44
EBITDA Margin	-52.61%	-42.22%	-31.47%	-32.53%	-
D&A For EBITDA	54.42	44.44	18.41	10.59	4.03
EBIT	-95.56	-80.39	-33.11	-18.19	-8.47
EBIT Margin	-122.22%	-94.41%	-70.88%	-77.88%	-
Revenue as Reported	78.19	85.15	46.71	23.36	0.23

Source: S&P Capital IQ. Standard template. Financial Sources.