poLight ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	20.48	9.62	22.51	13.36	10.03
Revenue Growth (YoY)	112.84%	-57.25%	68.47%	33.18%	232.33%
Cost of Revenue	11.52	8.62	10.35	4.83	3.85
Gross Profit	8.97	1.01	12.16	8.54	6.18
Selling, General & Admin	76.42	67.33	56.9	34.78	35.24
Research & Development	49.07	31.79	34.09	32.5	24.97
Other Operating Expenses	-	-	-	-	-11.62
Operating Expenses	136.12	109.58	100.65	77.58	60.51
Operating Income	-127.15	-108.58	-88.49	-69.05	-54.33
Interest Expense	-0.97	-0.26	-0.26	-0.33	-0.2
Interest & Investment Income	10.51	7.43	4.52	2.25	1.37
Currency Exchange Gain (Loss)	-0.42	-0.4	-1.02	-0.39	-0.13
Other Non Operating Income (Expenses)	-0.03	0.19	-0.02	-0.04	-0.08
EBT Excluding Unusual Items	-118.05	-101.62	-85.27	-67.55	-53.39
Asset Writedown	-	-0.03	-	-0.09	-
Pretax Income	-118.05	-101.65	-85.27	-67.64	-53.39
Income Tax Expense	0.21	0.14	0.22	0.24	0.09
Net Income	-118.26	-101.79	-85.49	-67.89	-53.48
Net Income to Common	-118.26	-101.79	-85.49	-67.89	-53.48
Shares Outstanding (Basic)	177	105	61	52	47
Shares Outstanding (Diluted)	177	105	61	52	47
Shares Change (YoY)	68.16%	71.94%	17.53%	9.71%	7.97%
EPS (Basic)	-0.67	-0.97	-1.40	-1.31	-1.13
EPS (Diluted)	-0.67	-0.97	-1.40	-1.31	-1.13
Free Cash Flow	-92.53	-71.62	-95.02	-72.8	-51.69
Free Cash Flow Per Share	-0.52	-0.68	-1.56	-1.40	-1.09
Gross Margin	43.78%	10.46%	54.03%	63.88%	61.62%
Operating Margin	-620.73%	-1128.18%	-393.10%	-516.73%	-541.53%
Profit Margin	-577.33%	-1057.62%	-379.76%	-508.05%	-533.05%
Free Cash Flow Margin	-451.71%	-744.13%	-422.10%	-544.84%	-515.18%
EBITDA	-123.8	-106.54	-87.2	-68.33	-53.71
D&A For EBITDA	3.35	2.04	1.29	0.72	0.63
EBIT	-127.15	-108.58	-88.49	-69.05	-54.33
Revenue as Reported	20.48	9.62	22.51	13.36	10.03

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