Panoro Energy ASA (OSL: PEN)

Panoro Energy ASA Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	294.3	217.99	180.27	113.71	24.17	42.97
Revenue Growth (YoY)	30.85%	20.92%	58.54%	370.51%	-43.76%	1542.51%
Cost of Revenue	114.77	81.3	51.9	41.02	14.74	15.21
Gross Profit	179.53	136.68	128.37	72.69	9.43	27.76
Selling, General & Admin	13.05	11.66	9.91	8.47	5.97	6.48
Other Operating Expenses	0.73	0.73	5.91	8.22	-6.98	2.82
Operating Expenses	63.85	52.51	60.36	50.68	6.23	8.27
Operating Income	115.68	84.18	68.01	22	3.2	19.49
Interest Expense	-14.06	-13.02	-10.16	-7.09	-1.91	-2.75
Interest & Investment Income	0.08	0.08	0.06	0.08	0.06	0.04
Currency Exchange Gain (Loss)	-0.06	-0.06	-0.49	0.41	-0.37	0.22
Other Non Operating Income (Expenses)	3.93	4	4.79	3.13	2.05	3.25
EBT Excluding Unusual Items	105.57	75.18	62.21	18.52	3.03	20.24
Merger & Restructuring Charges	-0.81	-0.81	-1.05	-1.25	-0.73	-1.11
Gain (Loss) on Sale of Investments	-0.03	-0.03	-0.73	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.29
Other Unusual Items	-2.59	-	-	46.12	-	-
Pretax Income	102.15	74.34	60.42	63.39	2.31	18.85
Income Tax Expense	45.55	40.97	41.79	21.08	4.5	13.48
Earnings From Continuing Operations	56.6	33.38	18.64	42.31	-2.2	5.37
Earnings From Discontinued Operations	-	-	1.26	7.01	-3.14	4.82
Net Income	56.6	33.38	19.89	49.32	-5.33	10.19
Net Income to Common	56.6	33.38	19.89	49.32	-5.33	10.19
Net Income Growth	33.65%	67.78%	-59.67%	-	-	-
Shares Outstanding (Basic)	118	116	114	105	69	64
Shares Outstanding (Diluted)	119	117	116	107	69	64
Shares Change (YoY)	3.28%	1.35%	8.70%	54.71%	7.00%	41.74%
EPS (Basic)	0.48	0.29	0.18	0.47	-0.08	0.16
EPS (Diluted)	0.47	0.28	0.17	0.47	-0.08	0.15
EPS Growth	27.62%	63.88%	-63.32%	-	-	-
Free Cash Flow	48.7	12.04	48.3	14.66	-13.4	-0.57
Free Cash Flow Per Share	0.41	0.10	0.42	0.14	-0.19	-0.01
Dividend Per Share	0.079	0.136	0.027	-	-	-
Dividend Growth	-5.29%	406.89%	-	-	-	-
Gross Margin	61.00%	62.70%	71.21%	63.92%	39.00%	64.60%
Operating Margin	39.31%	38.62%	37.73%	19.35%	13.24%	45.36%
Profit Margin	19.23%	15.31%	11.04%	43.38%	-22.07%	23.72%
Free Cash Flow Margin	16.55%	5.52%	26.79%	12.89%	-55.46%	-1.33%
EBITDA	165.13	123.67	102.98	49.34	9.97	25.89
EBITDA Margin	56.11%	56.73%	57.13%	43.39%	41.23%	60.26%
D&A For EBITDA	49.45	39.49	34.97	27.34	6.77	6.4
EBIT	115.68	84.18	68.01	22	3.2	19.49
EBIT Margin	39.31%	38.62%	37.73%	19.35%	13.24%	45.36%
Effective Tax Rate	44.60%	55.10%	69.16%	33.25%	195.10%	71.51%
Revenue as Reported	227.48	227.48	188.63	119.66	26.86	46.78

Source: S&P Capital IQ. Standard template. Financial Sources.