HydrogenPro ASA 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
Revenue	86.65	195.69	568.23	56.41	20.04
Revenue Growth (YoY)	-55.72%	-65.56%	907.25%	181.56%	-24.94%
Cost of Revenue	72.1	166.96	374.42	45.9	11.77
Gross Profit	14.55	28.73	193.81	10.51	8.27
Selling, General & Admin	146.66	153	135.63	64.43	34.66
Other Operating Expenses	60.95	79.91	94.19	51.34	28.85
Operating Expenses	230.01	256.18	252.11	129.75	68.73
Operating Income	-215.47	-227.45	-58.29	-119.24	-60.46
Interest Expense	-0.85	-1.11	-1.1	-0.68	-0.05
Interest & Investment Income	2.72	4.38	3.47	3.43	2.06
Currency Exchange Gain (Loss)	-20.56	26.12	-7.57	2.2	1.76
Other Non Operating Income (Expenses)	-0.27	-0.24	0.55	-0.18	-0.72
EBT Excluding Unusual Items	-234.42	-198.3	-62.94	-114.46	-57.41
Gain (Loss) on Sale of Investments	-21.05	-1.84	-	-	-
Pretax Income	-255.47	-200.14	-62.94	-114.46	-57.41
Income Tax Expense	-15.87	-	-	-0.08	-0.98
Earnings From Continuing Operations	-239.59	-200.14	-62.94	-114.38	-56.43
Minority Interest in Earnings	6.48	4.07	-1.58	4.93	-
Net Income	-233.12	-196.06	-64.51	-109.45	-56.43
Net Income to Common	-233.12	-196.06	-64.51	-109.45	-56.43
Shares Outstanding (Basic)	88	68	60	58	58
Shares Outstanding (Diluted)	88	68	60	58	58
Shares Change (YoY)	29.56%	13.92%	3.29%	0.75%	30.06%
EPS (Basic)	-2.64	-2.87	-1.08	-1.89	-0.98
EPS (Diluted)	-2.64	-2.87	-1.08	-1.89	-0.98
Free Cash Flow	-222.68	-46.98	-206.52	-84.06	-68.26
Free Cash Flow Per Share	-2.52	-0.69	-3.45	-1.45	-1.19
Gross Margin	16.79%	14.68%	34.11%	18.63%	41.26%
Operating Margin	-248.66%	-116.23%	-10.26%	-211.37%	-301.76%
Profit Margin	-269.03%	-100.19%	-11.35%	-194.01%	-281.66%
Free Cash Flow Margin	-256.99%	-24.01%	-36.34%	-149.01%	-340.67%
EBITDA	-198.71	-210.71	-43.29	-108.88	-55.25
EBITDA Margin	-229.32%	-107.68%	-7.62%	-193.00%	-275.73%
D&A For EBITDA	16.76	16.74	15	10.36	5.22
EBIT	-215.47	-227.45	-58.29	-119.24	-60.46
EBIT Margin	-248.66%	-116.23%	-10.26%	-211.37%	-
Revenue as Reported	86.65	195.69	568.23	56.41	20.04

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