Icelandic Salmon AS Income Statement

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

Millions EUR. 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	86.1	98.42	162.62	156.26	90.81
Revenue Growth (YoY)	-12.51%	-39.48%	4.07%	72.09%	46.84%
Cost of Revenue	64.4	49.74	102.99	82.75	58.54
Gross Profit	21.7	48.68	59.63	73.52	32.27
Selling, General & Admin	17.05	18.7	19.8	17.35	12.18
Other Operating Expenses	15.61	14.87	17.04	13.29	10.1
Operating Expenses	46.54	46.24	45.93	38.09	28.2
Operating Income	-24.84	2.44	13.7	35.43	4.07
Interest Expense	-8.93	-4.74	-3.57	-1.92	-1.97
Interest & Investment Income	0.36	0.3	0.26	0.29	0.14
Earnings From Equity Investments	-	-	-	0.18	0
Currency Exchange Gain (Loss)	-0.05	0.4	0.34	-0.19	0.35
Other Non Operating Income (Expenses)	0	0.65	-0.53	-0.12	-
EBT Excluding Unusual Items	-33.45	-0.95	10.2	33.67	2.6
Merger & Restructuring Charges	-0.37	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	8.97	-
Other Unusual Items	-	-	-	-0.82	-
Pretax Income	-33.82	-0.95	10.2	41.82	2.6
Income Tax Expense	-9.01	2.14	1.63	6.9	0.23
Net Income	-24.81	-3.09	8.57	34.92	2.37
Net Income to Common	-24.81	-3.09	8.57	34.92	2.37
Net Income Growth	-	-	-75.46%	1375.16%	-
Shares Outstanding (Basic)	31	31	31	31	31
Shares Outstanding (Diluted)	31	31	31	31	31
Shares Change (YoY)	-	-	-	-	13.00%
EPS (Basic)	-0.80	-0.10	0.28	1.13	0.08
EPS (Diluted)	-0.80	-0.10	0.28	1.13	0.08
EPS Growth	-	-	-75.46%	1375.17%	-
Free Cash Flow	-28.64	-21.51	14.29	-5	-13.13
Free Cash Flow Per Share	-0.93	-0.69	0.46	-0.16	-0.42
Gross Margin	25.20%	49.46%	36.67%	47.05%	35.53%
Operating Margin	-28.85%	2.48%	8.43%	22.67%	4.48%
Profit Margin	-28.82%	-3.14%	5.27%	22.35%	2.61%
Free Cash Flow Margin	-33.26%	-21.86%	8.79%	-3.20%	-14.46%
EBITDA	-15.87	11.32	21.66	41.61	9.11
EBITDA Margin	-18.43%	11.50%	13.32%	26.63%	10.03%
D&A For EBITDA	8.98	8.88	7.95	6.18	5.04
EBIT	-24.84	2.44	13.7	35.43	4.07
EBIT Margin	-28.85%	2.48%	8.43%	22.67%	4.48%
Effective Tax Rate	-	-	15.97%	16.50%	8.93%
Revenue as Reported	89.98	101.46	164.82	157.59	90.81

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