Napatech A/S (OSL:NAPA)

Napatech Income Statement

Financials in millions DKK. 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	146.61	116.41	182.67	158.63	195.47
Revenue Growth (YoY)	25.94%	-36.28%	15.16%	-18.85%	0.64%
Cost of Revenue	44.73	37.05	49.13	68.93	31.51
Gross Profit	101.88	79.36	133.55	89.7	163.97
Selling, General & Admin	160.48	165.61	133.99	109.82	111.68
Operating Expenses	182.61	194.94	166.45	135.9	133.93
Operating Income	-80.73	-115.58	-32.9	-46.2	30.04
Interest Expense	-1.48	-2.3	-1.64	-1.11	-0.46
Interest & Investment Income	1.07	1.62	0.36	0.01	0.02
Currency Exchange Gain (Loss)	-3.4	0.7	-0.69	3.59	4.59
Other Non Operating Income (Expenses)	-0.57	-1.52	-1.58	-0.44	2.18
EBT Excluding Unusual Items	-85.12	-117.09	-36.45	-44.14	36.37
Gain (Loss) on Sale of Assets	-	-	-	-	0.63
Pretax Income	-85.12	-117.09	-36.45	-44.14	37
Income Tax Expense	-4.46	-5.83	-4.43	4.12	-3.23
Net Income	-80.66	-111.26	-32.02	-48.26	40.23
Net Income to Common	-80.66	-111.26	-32.02	-48.26	40.23
Net Income Growth	-	-	-	-	319.26%
Shares Outstanding (Basic)	106	96	88	83	83
Shares Outstanding (Diluted)	106	96	88	83	86
Shares Change (YoY)	9.94%	9.38%	6.05%	-3.53%	0.81%
EPS (Basic)	-0.76	-1.15	-0.36	-0.58	0.48
EPS (Diluted)	-0.76	-1.15	-0.36	-0.58	0.47
EPS Growth	-	-	-	-	327.27%
Free Cash Flow	-34.1	-107.27	-8.96	-26.37	7.84
Free Cash Flow Per Share	-0.32	-1.11	-0.10	-0.32	0.09
Gross Margin	69.49%	68.17%	73.11%	56.55%	83.88%
Operating Margin	-55.07%	-99.29%	-18.01%	-29.13%	15.37%
Profit Margin	-55.01%	-95.58%	-17.53%	-30.42%	20.58%
Free Cash Flow Margin	-23.26%	-92.15%	-4.90%	-16.62%	4.01%
EBITDA	-77.83	-111.1	-28.62	-41.98	32.04
EBITDA Margin	-53.09%	-95.44%	-15.66%	-26.46%	16.39%
D&A For EBITDA	2.9	4.48	4.28	4.22	2
EBIT	-80.73	-115.58	-32.9	-46.2	30.04
EBIT Margin	-55.07%	-99.29%	-18.01%	-29.13%	15.37%

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