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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	223.24	217.99	180.27	113.71	24.17	42.97
Revenue Growth (YoY)	-5.42%	20.92%	58.54%	370.51%	-43.76%	1542.51%
Cost of Revenue	83.63	81.3	51.9	41.02	14.74	15.21
Gross Profit	139.62	136.68	128.37	72.69	9.43	27.76
Selling, General & Admin	14.27	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	67.04	52.51	60.36	50.68	6.23	8.27
Operating Income	72.57	84.18	68.01	22	3.2	19.49
Interest Expense	-13.29	-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)	3.85	4	4.79	3.13	2.05	3.25
EBT Excluding Unusual Items	63.16	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	-2.58	-	-	46.12	-	-
Pretax Income	59.74	74.34	60.42	63.39	2.31	18.85
Income Tax Expense	30.77	40.97	41.79	21.08	4.5	13.48
Earnings From Continuing Operations	28.98	33.38	18.64	42.31	-2.2	5.37
Earnings From Discontinued Operations	-	-	1.26	7.01	-3.14	4.82
Net Income	28.98	33.38	19.89	49.32	-5.33	10.19
Net Income to Common	28.98	33.38	19.89	49.32	-5.33	10.19
Net Income Growth	-16.92%	67.78%	-59.67%	-	-	-
Shares Outstanding (Basic)	117	116	114	105	69	64
Shares Outstanding (Diluted)	118	117	116	107	69	64
Shares Change (YoY)	2.06%	1.35%	8.70%	54.71%	7.00%	41.74%
EPS (Basic)	0.25	0.29	0.18	0.47	-0.08	0.16
EPS (Diluted)	0.24	0.28	0.17	0.47	-0.08	0.15
EPS Growth	-19.76%	63.88%	-63.32%	-	-	-
Free Cash Flow	-20.45	12.04	48.3	14.66	-13.4	-0.57
Free Cash Flow Per Share	-0.17	0.10	0.42	0.14	-0.19	-0.01
Dividend Per Share	0.047	0.136	0.027	-	-	-
Dividend Growth	-59.68%	406.89%	-	-	-	-
Gross Margin	62.54%	62.70%	71.21%	63.92%	39.00%	64.60%
Operating Margin	32.51%	38.62%	37.73%	19.35%	13.24%	45.36%
Profit Margin	12.98%	15.31%	11.04%	43.38%	-22.07%	23.72%
Free Cash Flow Margin	-9.16%	5.52%	26.79%	12.89%	-55.46%	-1.33%
EBITDA	123.99	123.67	102.98	49.34	9.97	25.89
EBITDA Margin	55.54%	56.73%	57.13%	43.39%	41.23%	60.26%
D&A For EBITDA	51.42	39.49	34.97	27.34	6.77	6.4
EBIT	72.57	84.18	68.01	22	3.2	19.49
EBIT Margin	32.51%	38.62%	37.73%	19.35%	13.24%	45.36%
Effective Tax Rate	51.50%	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.