Kaldvik 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	106.94	98.26	30.7	58.41	32.21
Revenue Growth (YoY)	8.84%	220.12%	-47.45%	81.31%	19.15%
Cost of Revenue	76.52	69.43	-24.5	39.49	16.59
Gross Profit	30.43	28.83	55.2	18.92	15.62
Selling, General & Admin	21.73	20.29	17.94	11.69	4.31
Other Operating Expenses	26.19	17.1	8.39	9.07	3.62
Operating Expenses	60.27	48.49	37.74	29.45	11.76
Operating Income	-29.85	-19.66	17.46	-10.54	3.86
Interest Expense	-17.23	-13.8	-10.71	-5.73	-1.99
Interest & Investment Income	0.14	0.17	0.18	0.04	0.24
Earnings From Equity Investments	-	-	-	-0.13	0.28
Currency Exchange Gain (Loss)	-1.01	-0.5	-0.03	0.23	0.06
Other Non Operating Income (Expenses)	0	-	0	0	-
EBT Excluding Unusual Items	-47.94	-33.8	6.9	-16.13	2.44
Gain (Loss) on Sale of Assets	-	-	-	8.01	-
Pretax Income	-47.94	-33.8	6.9	-8.12	2.44
Income Tax Expense	-	-3.14	1.03	-2.63	0.45
Earnings From Continuing Operations	-47.94	-30.66	5.87	-5.49	1.99
Minority Interest in Earnings	-0.16	0.05	0.13	-0.16	-0
Net Income	-48.1	-30.61	6	-5.65	1.99
Net Income to Common	-48.1	-30.61	6	-5.65	1.99
Net Income Growth	-	-	-	-	-45.70%
Shares Outstanding (Basic)	150	122	114	76	54
Shares Outstanding (Diluted)	150	122	114	76	54
Shares Change (YoY)	22.33%	6.79%	50.86%	40.54%	-10.65%
EPS (Basic)	-0.32	-0.25	0.05	-0.07	0.04
EPS (Diluted)	-0.32	-0.25	0.05	-0.07	0.04
EPS Growth	-	-	-	-	-39.23%
Free Cash Flow	-37.6	-38.37	-61.86	-12.93	-30.02
Free Cash Flow Per Share	-0.25	-0.31	-0.54	-0.17	-0.56
Gross Margin	28.45%	29.34%	179.83%	32.39%	48.49%
Operating Margin	-27.91%	-20.01%	56.89%	-18.04%	11.97%
Profit Margin	-44.98%	-31.15%	19.53%	-9.68%	6.18%
Free Cash Flow Margin	-35.15%	-39.05%	-201.53%	-22.14%	-93.20%
EBITDA	-17.5	-9.71	26.84	-3.66	6.52
EBITDA Margin	-16.36%	-9.88%	87.43%	-6.26%	20.24%
D&A For EBITDA	12.35	9.95	9.37	6.88	2.66
EBIT	-29.85	-19.66	17.46	-10.54	3.86
EBIT Margin	-27.91%	-20.01%	56.89%	-18.04%	11.97%
Effective Tax Rate	-	-	14.96%	-	18.49%
Revenue as Reported	114.46	107.68	39.92	63.59	32.21

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.