NorAm Drilling AS Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	101.26	103.1	118.29	95.45	50.38	54.66
Revenue	101.26	103.1	118.29	95.45	50.38	54.66
Revenue Growth (YoY)	0.73%	-12.85%	23.94%	89.44%	-7.83%	-33.65%
Cost of Revenue	29.18	31.41	28.51	26.1	16.39	14.66
Gross Profit	72.08	71.69	89.79	69.35	33.99	40
Selling, General & Admin	38.26	36.7	35.26	35.71	22.29	20.93
Other Operating Expenses	11.02	11.03	13.31	7.88	5.7	9.22
Operating Expenses	58.64	67.41	67.51	62.47	46.3	48.19
Operating Income	13.44	4.27	22.27	6.88	-12.3	-8.19
Interest Expense	-0.06	-0.08	-0.06	-6.16	-7.2	-7.43
Interest & Investment Income	0.28	0.42	0.51	0.4	-	0.01
Currency Exchange Gain (Loss)	-0.15	-0.15	-0.09	1.88	-0.03	-0.35
Other Non Operating Income (Expenses)	0.15	-0	-	0	-0	-0
EBT Excluding Unusual Items	13.66	4.45	22.63	3.01	-19.54	-15.96
Pretax Income	13.66	4.45	22.63	3.01	-19.54	-15.96
Income Tax Expense	0.82	2.2	3.41	0.03	-0.7	-2.39
Net Income	12.84	2.25	19.23	2.98	-18.83	-13.58
Net Income to Common	12.84	2.25	19.23	2.98	-18.83	-13.58
Net Income Growth	3849.85%	-88.28%	545.57%	-	-	-
Shares Outstanding (Basic)	43	43	43	28	23	23
Shares Outstanding (Diluted)	44	44	44	29	23	23
Shares Change (YoY)	0.07%	-0.11%	52.54%	22.45%	-	-
EPS (Basic)	0.30	0.05	0.45	0.11	-0.81	-0.58
EPS (Diluted)	0.29	0.05	0.44	0.10	-0.81	-0.58
EPS Growth	3720.38%	-88.64%	340.00%	-	-	-
Free Cash Flow	18.71	18.14	41.54	12.69	-5.34	3.68
Free Cash Flow Per Share	0.43	0.42	0.95	0.44	-0.23	0.16
Gross Margin	71.18%	69.53%	75.90%	72.66%	67.47%	73.18%
Operating Margin	13.27%	4.15%	18.83%	7.21%	-24.42%	-14.99%
Profit Margin	12.68%	2.19%	16.25%	3.12%	-37.38%	-24.84%
Free Cash Flow Margin	18.48%	17.59%	35.12%	13.29%	-10.59%	6.74%
EBITDA	22.8	23.95	41.21	25.76	6	9.85
EBITDA Margin	22.52%	23.23%	34.84%	26.99%	11.92%	18.02%
D&A For EBITDA	9.36	19.68	18.94	18.88	18.31	18.04
EBIT	13.44	4.27	22.27	6.88	-12.3	-8.19
EBIT Margin	13.27%	4.15%	18.83%	7.21%	-24.42%	-14.99%
Effective Tax Rate	6.00%	49.37%	15.06%	1.13%	-	-
Revenue as Reported	101.26	103.1	118.29	95.45	50.38	54.66

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.