PetroNor E&P ASA (OSL:PNOR)

PetroNor E&P ASA Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	204.53	187.33	146.07	106.46	67.54
Revenue Growth (YoY)	9.18%	28.25%	37.20%	57.62%	-34.27%
Cost of Revenue	105.73	70.67	46.21	34.59	25.89
Gross Profit	98.81	116.66	99.86	71.88	41.66
Selling, General & Admin	13.25	11.13	14.16	13.13	11.58
Other Operating Expenses	3.31	2.71	1.06	0.13	0.89
Operating Expenses	16.6	14.59	15.76	15.53	12.47
Operating Income	82.2	102.07	84.09	56.35	29.19
Interest Expense	-0.35	-0.85	-2.32	-2.05	-1.52
Interest & Investment Income	1.84	-	-	-	-
Currency Exchange Gain (Loss)	1.91	-0.27	-1.93	-0.06	1.51
Other Non Operating Income (Expenses)	0.28	-	-	-	-
EBT Excluding Unusual Items	85.87	100.95	79.85	54.25	29.17
Merger & Restructuring Charges	-0.73	-	-	-	-
Other Unusual Items	-	-	-0.17	-	-0.95
Pretax Income	85.15	100.95	79.68	54.25	28.23
Income Tax Expense	39.98	39.85	47.58	33.1	17.08
Earnings From Continuing Operations	45.17	61.09	32.1	21.14	11.15
Earnings From Discontinued Operations	-1.84	17.96	2.32	-	-
Net Income to Company	43.33	79.05	34.43	21.14	11.15
Minority Interest in Earnings	-8.43	-11.22	-7.39	-8.83	-8.78
Net Income	34.9	67.83	27.04	12.31	2.37
Net Income to Common	34.9	67.83	27.04	12.31	2.37
Net Income Growth	-48.55%	150.89%	119.56%	418.92%	-
Shares Outstanding (Basic)	142	142	137	116	97
Shares Outstanding (Diluted)	142	142	137	116	97
Shares Change (YoY)	-	3.70%	18.15%	19.26%	12.24%
EPS (Basic)	0.25	0.48	0.20	0.11	0.02
EPS (Diluted)	0.25	0.48	0.20	0.11	0.02
EPS Growth	-48.51%	141.80%	85.77%	341.67%	-
Free Cash Flow	47.7	11.31	-0.59	0.11	-7.53
Free Cash Flow Per Share	0.34	0.08	-0.00	0.00	-0.08
Gross Margin	48.31%	62.28%	68.36%	67.52%	61.68%
Operating Margin	40.19%	54.49%	57.57%	52.93%	43.21%
Profit Margin	17.06%	36.21%	18.51%	11.57%	3.51%
Free Cash Flow Margin	23.32%	6.04%	-0.40%	0.11%	-11.15%
EBITDA	105.93	121.79	94.23	61.77	34.6
EBITDA Margin	51.79%	65.01%	64.52%	58.02%	51.22%
D&A For EBITDA	23.73	19.72	10.14	5.42	5.41
EBIT	82.2	102.07	84.09	56.35	29.19
EBIT Margin	40.19%	54.49%	57.57%	52.93%	43.21%
Effective Tax Rate	46.95%	39.48%	59.71%	61.02%	60.50%

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