PetroNor E&P ASA (OSL:PNOR)

PetroNor E&P ASA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	121.65	204.53	187.33	146.07	106.46	67.54
Revenue Growth (YoY)	-40.32%	9.18%	28.25%	37.20%	57.62%	-34.27%
Cost of Revenue	51.5	105.19	70.67	46.21	34.59	25.89
Gross Profit	70.16	99.34	116.66	99.86	71.88	41.66
Selling, General & Admin	10.8	13.02	11.13	14.16	13.13	11.58
Other Operating Expenses	4.07	3.54	2.71	1.06	0.13	0.89
Operating Expenses	14.89	16.6	14.59	15.76	15.53	12.47
Operating Income	55.26	82.74	102.07	84.09	56.35	29.19
Interest Expense	-0.03	-0.35	-0.81	-2.32	-2.05	-1.52
Interest & Investment Income	2.52	1.87	-	-	-	-
Currency Exchange Gain (Loss)	0.05	0.17	-0.27	-1.93	-0.06	1.51
Other Non Operating Income (Expenses)	-0.02	-0.03	-0.04	-	-	-
EBT Excluding Unusual Items	57.78	84.39	100.95	79.85	54.25	29.17
Merger & Restructuring Charges	-0.46	-0.73	-	-	-	-
Other Unusual Items	-	-	-	-0.17	-	-0.95
Pretax Income	57.32	83.67	100.95	79.68	54.25	28.23
Income Tax Expense	36.63	39.98	39.85	47.58	33.1	17.08
Earnings From Continuing Operations	20.69	43.69	61.09	32.1	21.14	11.15
Earnings From Discontinued Operations	-1.53	-1.53	17.96	2.32	-	-
Net Income to Company	19.16	42.16	79.05	34.43	21.14	11.15
Minority Interest in Earnings	-4.42	-8.52	-11.22	-7.39	-8.83	-8.78
Net Income	14.74	33.64	67.83	27.04	12.31	2.37
Net Income to Common	14.74	33.64	67.83	27.04	12.31	2.37
Net Income Growth	-78.45%	-50.41%	150.89%	119.56%	418.92%	-
Shares Outstanding (Basic)	142	142	142	137	116	97
Shares Outstanding (Diluted)	142	142	142	137	116	97
Shares Change (YoY)	-	-	3.70%	18.15%	19.26%	12.24%
EPS (Basic)	0.10	0.24	0.48	0.20	0.11	0.02
EPS (Diluted)	0.10	0.24	0.48	0.20	0.11	0.02
EPS Growth	-78.45%	-50.39%	141.80%	85.77%	341.67%	-
Free Cash Flow	64.98	47.7	11.17	-0.59	0.11	-7.53
Free Cash Flow Per Share	0.46	0.34	0.08	-0.00	0.00	-0.08
Gross Margin	57.67%	48.57%	62.28%	68.36%	67.52%	61.68%
Operating Margin	45.43%	40.45%	54.49%	57.57%	52.93%	43.21%
Profit Margin	12.11%	16.45%	36.21%	18.51%	11.57%	3.51%
Free Cash Flow Margin	53.41%	23.32%	5.96%	-0.40%	0.11%	-11.15%
EBITDA	78.47	106.47	121.79	94.23	61.77	34.6
EBITDA Margin	64.50%	52.05%	65.01%	64.52%	58.02%	51.22%
D&A For EBITDA	23.21	23.73	19.72	10.14	5.42	5.41
EBIT	55.26	82.74	102.07	84.09	56.35	29.19
EBIT Margin	45.43%	40.45%	54.49%	57.57%	52.93%	43.21%
Effective Tax Rate	63.90%	47.78%	39.48%	59.71%	61.02%	60.50%

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