Panoro Energy ASA (OSL:PEN)

Panoro Energy ASA Income Statement

Financials in millions USD. 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	199.36	267.89	217.99	180.27	113.71
Revenue Growth (YoY)	-25.58%	22.89%	20.92%	58.54%	370.51%
Cost of Revenue	106.17	121.05	81.3	51.9	41.02
Gross Profit	93.19	146.84	136.68	128.37	72.69
Selling, General & Admin	16.19	13.6	11.66	9.91	8.47
Other Operating Expenses	0.34	0.32	0.73	5.91	8.22
Operating Expenses	81	68.71	52.51	60.36	50.68
Operating Income	12.19	78.13	84.18	68.01	22
Interest Expense	-20.04	-16.63	-13.02	-10.16	-7.09
Interest & Investment Income	0.57	0.14	0.08	0.06	0.08
Currency Exchange Gain (Loss)	-0.06	-0.08	-0.06	-0.49	0.41
Other Non Operating Income (Expenses)	11.52	12.97	4	4.79	3.13
EBT Excluding Unusual Items	4.18	74.54	75.18	62.21	18.52
Merger & Restructuring Charges	-0.25	-0.22	-0.81	-1.05	-1.25
Gain (Loss) on Sale of Investments	0.01	-0.01	-0.03	-0.73	-
Other Unusual Items	-0.08	3.92	-	-	46.12
Pretax Income	3.86	78.23	74.34	60.42	63.39
Income Tax Expense	16.96	17.55	40.97	41.79	21.08
Earnings From Continuing Operations	-13.1	60.68	33.38	18.64	42.31
Earnings From Discontinued Operations	-	-	-	1.26	7.01
Net Income	-13.1	60.68	33.38	19.89	49.32
Net Income to Common	-13.1	60.68	33.38	19.89	49.32
Net Income Growth	-	81.80%	67.78%	-59.67%	-
Shares Outstanding (Basic)	113	116	116	114	105
Shares Outstanding (Diluted)	113	117	117	116	107
Shares Change (YoY)	-3.16%	-0.22%	1.35%	8.70%	54.71%
EPS (Basic)	-0.12	0.52	0.29	0.18	0.47
EPS (Diluted)	-0.12	0.52	0.28	0.17	0.47
EPS Growth	-	85.71%	63.88%	-63.32%	-
Free Cash Flow	34.4	9.34	12.04	48.3	14.66
Free Cash Flow Per Share	0.30	0.08	0.10	0.42	0.14
Dividend Per Share	0.251	0.173	0.136	0.027	-
Dividend Growth	45.33%	27.39%	406.89%	-	-
Gross Margin	46.74%	54.82%	62.70%	71.21%	63.92%
Operating Margin	6.11%	29.17%	38.62%	37.72%	19.35%
Profit Margin	-6.57%	22.65%	15.31%	11.04%	43.38%
Free Cash Flow Margin	17.26%	3.49%	5.52%	26.79%	12.89%
EBITDA	60.3	132.26	123.67	102.98	49.34
EBITDA Margin	30.25%	49.37%	56.73%	57.13%	43.39%
D&A For EBITDA	48.11	54.13	39.49	34.97	27.34
EBIT	12.19	78.13	84.18	68.01	22
EBIT Margin	6.11%	29.17%	38.62%	37.72%	19.35%
Effective Tax Rate	439.10%	22.43%	55.10%	69.16%	33.25%
Revenue as Reported	216.8	285.06	-	188.63	119.66

Source: S&P Global Market Intelligence. Standard template. Financial Sources.