Huddlestock Fintech AS 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	-	85.15	46.71	-	-
Other Revenue	71.51	-	-	23.36	0.23
Revenue	71.51	85.15	46.71	23.36	0.23
Revenue Growth (YoY)	-16.02%	82.30%	99.92%	10283.64%	-
Cost of Revenue	63.95	66.89	50.23	17.88	0.41
Gross Profit	7.56	18.26	-3.52	5.48	-0.18
Other Operating Expenses	29.6	34.67	11.17	13.08	8.29
Operating Expenses	78.77	98.65	29.58	23.67	8.29
Operating Income	-71.21	-80.39	-33.11	-18.19	-8.47
Interest Expense	-3.71	-2.7	-0.85	-2.02	-0.04
Interest & Investment Income	0.59	0.79	0.43	-	0.01
Other Non Operating Income (Expenses)	-0.3	-4.84	-0.03	0.02	0.11
Pretax Income	-74.63	-87.13	-33.55	-20.2	-8.4
Income Tax Expense	-2.3	-0.81	-1.82	-0.66	-
Earnings From Continuing Operations	-72.33	-86.32	-31.74	-19.54	-8.4
Earnings From Discontinued Operations	-	-	-	-0.08	-4.03
Net Income	-72.33	-86.32	-31.74	-19.63	-12.43
Net Income to Common	-72.33	-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	-34.48	-23.83	-18.37	-6.84	-6.81
Free Cash Flow Per Share	-	-0.13	-	-0.06	-
Gross Margin	10.57%	21.45%	-7.54%	23.46%	-81.33%
Operating Margin	-99.58%	-94.41%	-70.88%	-77.88%	-3766.22%
Profit Margin	-101.14%	-101.38%	-67.95%	-84.00%	-5523.56%
Free Cash Flow Margin	-48.22%	-27.98%	-39.32%	-29.26%	-3028.69%
EBITDA	-22.04	-35.95	-14.7	-7.6	-4.44
EBITDA Margin	-30.83%	-42.22%	-31.47%	-32.53%	-
D&A For EBITDA	49.17	44.44	18.41	10.59	4.03
EBIT	-71.21	-80.39	-33.11	-18.19	-8.47
EBIT Margin	-99.58%	-94.41%	-70.88%	-77.88%	-
Revenue as Reported	71.51	85.15	46.71	23.36	0.23

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.