M Vest Water AS (OSL:MVW)

M Vest Water AS Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	26.52	22.68	11.01	1.82	0.44
Revenue Growth (YoY)	16.92%	106.08%	505.63%	316.46%	-89.15%
Cost of Revenue	10.96	12.46	6.57	0.38	0.56
Gross Profit	15.56	10.23	4.44	1.44	-0.12
Selling, General & Admin	20.3	21.42	19.29	14.42	17.35
Other Operating Expenses	9.99	9.9	10.43	13.74	7.83
Operating Expenses	33.44	34.4	32.38	30.06	26.24
Operating Income	-17.88	-24.17	-27.94	-28.62	-26.37
Interest Expense	-1.04	-0.47	-0.38	-0.36	-0.48
Interest & Investment Income	0.01	0.28	0.47	0.3	0.07
Other Non Operating Income (Expenses)	-0.15	-0.16	-0.23	-0.23	-0.47
EBT Excluding Unusual Items	-19.06	-24.53	-28.09	-28.9	-27.25
Asset Writedown	-	-	-0.23	-	-
Pretax Income	-19.06	-24.53	-28.32	-28.9	-27.25
Net Income	-19.06	-24.53	-28.32	-28.9	-27.25
Net Income to Common	-19.06	-24.53	-28.32	-28.9	-27.25
Shares Outstanding (Basic)	33	32	29	29	29
Shares Outstanding (Diluted)	33	32	29	29	29
Shares Change (YoY)	3.72%	8.03%	-	-	4.29%
EPS (Basic)	-0.58	-0.78	-0.97	-0.99	-0.93
EPS (Diluted)	-0.58	-0.78	-0.97	-0.99	-0.93
Free Cash Flow	-18.95	-23.53	-26.02	-40.01	-24.46
Free Cash Flow Per Share	-0.58	-0.75	-0.89	-1.37	-0.84
Gross Margin	58.67%	45.08%	40.31%	79.36%	-27.69%
Operating Margin	-67.41%	-106.55%	-253.86%	-1574.43%	-6041.15%
Profit Margin	-71.85%	-108.13%	-257.25%	-1590.20%	-6243.24%
Free Cash Flow Margin	-71.45%	-103.73%	-236.37%	-2201.04%	-5603.58%
EBITDA	-14.72	-22.74	-25.28	-26.72	-25.3
EBITDA Margin	-55.51%	-100.24%	-229.65%	-	-
D&A For EBITDA	3.16	1.43	2.66	1.9	1.06
EBIT	-17.88	-24.17	-27.94	-28.62	-26.37
EBIT Margin	-67.41%	-106.55%	-253.86%	-	-
Revenue as Reported	26.52	22.68	11.01	1.82	0.44

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