Reach Subsea ASA (OSL:REACH)
Norway · Delayed Price · Currency is NOK 6.40
+0.01 (0.16%)
Sep 11, 2026, 4:25 PM CET
Reach Subsea ASA Income Statement
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Operating Revenue | 2,831 | 2,675 | 2,717 | 1,967 | 1,162 | 673.25 |
Other Revenue | 2.41 | 2.41 | 0.68 | 29.32 | 1.29 | 0.08 |
| 2,834 | 2,677 | 2,718 | 1,996 | 1,163 | 673.34 | |
Revenue Growth | -2.37% | -1.50% | 36.16% | 71.64% | 72.70% | 8.80% |
Cost of Revenue | 627.03 | 489.83 | 624.19 | 401.48 | 225.59 | 141.48 |
Gross Profit | 2,207 | 2,187 | 2,094 | 1,594 | 937.24 | 531.86 |
Selling, General & Admin | 720.15 | 680.63 | 630.64 | 424.01 | 281.27 | 129.04 |
Other Operating Expenses | 460.37 | 363.79 | 292.98 | 215.62 | 197.18 | 97.21 |
Operating Expenses | 2,193 | 2,015 | 1,730 | 1,263 | 831.98 | 466.06 |
Operating Income | 13.33 | 172.31 | 363.76 | 331.79 | 105.26 | 65.8 |
Interest Expense | -142.5 | -126.18 | -122.18 | -77.88 | -15.42 | -7.84 |
Interest & Investment Income | 16.32 | 10.61 | 7.56 | 4.99 | 1.26 | 0.24 |
Earnings From Equity Investments | 24.71 | 24.06 | 13.75 | 16.71 | - | 0.15 |
Currency Exchange Gain (Loss) | -12.47 | 20.13 | -33.36 | 14.5 | 7.08 | 1.55 |
Other Non Operating Income (Expenses) | 3.65 | 2.96 | 0.48 | -0.58 | -0.16 | -0.11 |
EBT Excluding Unusual Items | -96.96 | 103.88 | 230.01 | 289.53 | 98.02 | 59.78 |
Asset Writedown | -22.88 | -22.88 | - | - | - | - |
Other Unusual Items | - | - | - | - | - | 13.27 |
Pretax Income | -119.84 | 81 | 230.01 | 289.53 | 98.02 | 73.05 |
Income Tax Expense | -43.72 | -27.1 | 24.58 | 63.74 | 25.84 | -20.76 |
Net Income | -76.13 | 108.1 | 205.43 | 225.79 | 72.19 | 93.81 |
Net Income to Common | -76.13 | 108.1 | 205.43 | 225.79 | 72.19 | 93.81 |
Net Income Growth | - | -47.38% | -9.02% | 212.79% | -23.05% | 117.63% |
Shares Outstanding (Basic) | 325 | 319 | 264 | 253 | 207 | 144 |
Shares Outstanding (Diluted) | 325 | 323 | 301 | 256 | 210 | 144 |
Shares Change | 2.54% | 7.25% | 17.67% | 22.06% | 46.05% | 0.09% |
EPS (Basic) | -0.23 | 0.34 | 0.78 | 0.89 | 0.35 | 0.65 |
EPS (Diluted) | -0.24 | 0.33 | 0.68 | 0.88 | 0.34 | 0.65 |
EPS Growth | - | -51.47% | -22.73% | 158.82% | -47.69% | 116.47% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 741.83 | 818.93 | 604.71 | 750.02 | 298.5 | 277.65 |
Free Cash Flow Per Share | 2.29 | 2.53 | 2.01 | 2.93 | 1.42 | 1.93 |
Dividend Per Share | 0.170 | 0.170 | 0.420 | 0.360 | 0.180 | 0.180 |
Dividend Growth | -59.52% | -59.52% | 16.67% | 100.00% | 0% | 20.00% |
Gross Margin | 77.87% | 81.70% | 77.03% | 79.88% | 80.60% | 78.99% |
Operating Margin | 0.47% | 6.44% | 13.38% | 16.62% | 9.05% | 9.77% |
Profit Margin | -2.69% | 4.04% | 7.56% | 11.31% | 6.21% | 13.93% |
Free Cash Flow Margin | 26.18% | 30.59% | 22.25% | 37.58% | 25.67% | 41.23% |
EBITDA | 171.73 | 303.09 | 439.87 | 370.27 | 146.6 | 93.4 |
EBITDA Margin | 6.06% | 11.32% | 16.18% | 18.55% | 12.61% | 13.87% |
D&A For EBITDA | 158.39 | 130.78 | 76.11 | 38.48 | 41.34 | 27.6 |
EBIT | 13.33 | 172.31 | 363.76 | 331.79 | 105.26 | 65.8 |
EBIT Margin | 0.47% | 6.44% | 13.38% | 16.62% | 9.05% | 9.77% |
Effective Tax Rate | - | - | 10.68% | 22.02% | 26.36% | - |
Revenue as Reported | 2,834 | 2,677 | 2,718 | 1,996 | 1,163 | 686.6 |