Mowi ASA (OSL:MOWI)

Mowi ASA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	5,650	5,566	5,478	4,907	4,166	3,732
Other Revenue	37.4	37.4	27.5	33.5	36.3	28
Revenue	5,687	5,604	5,506	4,941	4,202	3,760
Revenue Growth (YoY)	4.47%	1.78%	11.43%	17.58%	11.76%	-9.08%
Cost of Revenue	3,243	3,057	2,978	2,417	2,341	2,325
Gross Profit	2,445	2,547	2,528	2,524	1,861	1,436
Selling, General & Admin	667.2	638.7	586.7	557.7	516.5	506.6
Other Operating Expenses	704.9	636	556.4	531.9	389.3	395.5
Operating Expenses	1,822	1,723	1,547	1,476	1,279	1,240
Operating Income	622.8	824.3	980.7	1,048	582.2	195.5
Interest Expense	-135.6	-143.5	-113.1	-52.6	-59	-63
Interest & Investment Income	12.3	12.3	6.5	2	0.5	0.7
Earnings From Equity Investments	26	29.5	28.4	59.2	97.5	21.8
Currency Exchange Gain (Loss)	14.5	9	35.9	1.4	37	-12.9
Other Non Operating Income (Expenses)	-36	-23.2	-28.2	-5.6	-17.8	4.4
EBT Excluding Unusual Items	504	708.4	910.2	1,052	640.4	146.5
Merger & Restructuring Charges	-22.7	-19.5	-4.9	-13.7	-22.6	-14.5
Impairment of Goodwill	-	-	-	-	-	-0.7
Gain (Loss) on Sale of Investments	-	-	-0.3	-0.1	-	-
Gain (Loss) on Sale of Assets	3.6	3.6	1.6	3.8	0.5	3.3
Asset Writedown	-54.5	-60.8	-7.9	-41.2	-25	-14.1
Pretax Income	430.4	631.7	898.7	1,001	593.3	120.5
Income Tax Expense	104.8	156.9	459.2	215.5	105.5	1.4
Earnings From Continuing Operations	325.6	474.8	439.5	785.4	487.8	119.1
Net Income to Company	325.6	474.8	439.5	785.4	487.8	119.1
Minority Interest in Earnings	9.7	-6.3	4.9	-3	-0.2	-1.6
Net Income	335.3	468.5	444.4	782.4	487.6	117.5
Net Income to Common	335.3	468.5	444.4	782.4	487.6	117.5
Net Income Growth	-31.77%	5.42%	-43.20%	60.46%	314.98%	-75.40%
Shares Outstanding (Basic)	515	517	517	517	517	517
Shares Outstanding (Diluted)	515	517	517	517	517	517
Shares Change (YoY)	0.89%	-	-	-	-	0.14%
EPS (Basic)	0.65	0.91	0.86	1.51	0.94	0.23
EPS (Diluted)	0.65	0.91	0.86	1.51	0.94	0.23
EPS Growth	-32.37%	5.42%	-43.09%	60.64%	313.68%	-75.30%
Free Cash Flow	575	542.4	595.9	309.6	588.4	186.9
Free Cash Flow Per Share	1.12	1.05	1.15	0.60	1.14	0.36
Dividend Per Share	0.570	0.570	0.660	0.678	0.365	0.031
Dividend Growth	78.90%	-13.72%	-2.64%	85.64%	1096.86%	-97.10%
Gross Margin	42.98%	45.45%	45.91%	51.08%	44.29%	38.18%
Operating Margin	10.95%	14.71%	17.81%	21.20%	13.86%	5.20%
Profit Margin	5.90%	8.36%	8.07%	15.83%	11.60%	3.13%
Free Cash Flow Margin	10.11%	9.68%	10.82%	6.27%	14.00%	4.97%
EBITDA	834	1,040	1,184	1,244	759.8	368.2
EBITDA Margin	14.66%	18.55%	21.51%	25.17%	18.08%	9.79%
D&A For EBITDA	211.2	215.5	203.4	196.1	177.6	172.7
EBIT	622.8	824.3	980.7	1,048	582.2	195.5
EBIT Margin	10.95%	14.71%	17.81%	21.20%	13.86%	5.20%
Effective Tax Rate	24.35%	24.84%	51.10%	21.53%	17.78%	1.16%
Revenue as Reported	5,604	5,604	5,506	4,941	4,202	3,760

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.