SalMar ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	26,687	26,077	27,891	19,985	14,900	12,857	Upgrade
Other Revenue	-	-	-	-	63.02	41.56	Upgrade
Revenue	26,687	26,077	27,891	19,985	14,963	12,898	Upgrade
Revenue Growth (YoY)	1.81%	-6.50%	39.56%	33.56%	16.01%	5.47%	Upgrade
Cost of Revenue	15,587	13,393	11,142	9,175	6,730	6,314	Upgrade
Gross Profit	11,100	12,684	16,749	10,810	8,234	6,584	Upgrade
Selling, General & Admin	3,380	3,127	2,730	2,052	1,681	1,442	Upgrade
Other Operating Expenses	3,124	2,786	3,098	2,849	2,064	1,519	Upgrade
Operating Expenses	8,361	7,604	7,247	5,902	4,549	3,742	Upgrade
Operating Income	2,739	5,080	9,502	4,908	3,685	2,842	Upgrade
Interest Expense	-1,542	-1,258	-1,223	-364.25	-184.65	-149.85	Upgrade
Interest & Investment Income	23	46	78	28.41	15.19	10.26	Upgrade
Earnings From Equity Investments	47	122	-27	66.43	94.88	42.21	Upgrade
Currency Exchange Gain (Loss)	8	-11	-17	0.02	-23.21	-121.72	Upgrade
Other Non Operating Income (Expenses)	-213	284	-259	165.18	-183.82	-11.16	Upgrade
EBT Excluding Unusual Items	1,062	4,263	8,054	4,804	3,404	2,611	Upgrade
Merger & Restructuring Charges	157	160	-29	-82.2	-	-	Upgrade
Gain (Loss) on Sale of Investments	228	-4	-	90.78	-	-	Upgrade
Asset Writedown	-59	-68	-33	-36.64	-3.54	-31.12	Upgrade
Legal Settlements	-28	-35	-9	-	-	-	Upgrade
Other Unusual Items	-99	-115	-704	-213.66	-13.07	-8.56	Upgrade
Pretax Income	1,261	4,201	7,279	4,562	3,387	2,572	Upgrade
Income Tax Expense	96	1,096	4,534	954	718.82	563.36	Upgrade
Earnings From Continuing Operations	1,165	3,105	2,745	3,608	2,668	2,008	Upgrade
Earnings From Discontinued Operations	-	-	657	107.37	-	-	Upgrade
Net Income to Company	1,165	3,105	3,402	3,715	2,668	2,008	Upgrade
Minority Interest in Earnings	-15	-136	-199	-403.45	-51.4	-29.27	Upgrade
Net Income	1,150	2,969	3,203	3,312	2,617	1,979	Upgrade
Net Income to Common	1,150	2,969	3,203	3,312	2,617	1,979	Upgrade
Net Income Growth	-64.97%	-7.31%	-3.29%	26.57%	32.22%	-20.46%	Upgrade
Shares Outstanding (Basic)	132	132	131	120	116	113	Upgrade
Shares Outstanding (Diluted)	133	132	132	120	116	113	Upgrade
Shares Change (YoY)	1.23%	0.30%	9.71%	3.50%	2.44%	0.21%	Upgrade
EPS (Basic)	8.68	22.53	24.37	27.65	22.61	17.52	Upgrade
EPS (Diluted)	8.62	22.49	24.33	27.60	22.57	17.49	Upgrade
EPS Growth	-65.45%	-7.56%	-11.85%	22.29%	29.04%	-20.61%	Upgrade
Free Cash Flow	1,693	3,591	7,025	2,327	782.16	1,449	Upgrade
Free Cash Flow Per Share	12.69	27.20	53.37	19.39	6.75	12.81	Upgrade
Dividend Per Share	22.000	22.000	35.000	20.000	20.000	20.000	Upgrade
Dividend Growth	-37.14%	-37.14%	75.00%	-	-	53.85%	Upgrade
Gross Margin	41.59%	48.64%	60.05%	54.09%	55.03%	51.04%	Upgrade
Operating Margin	10.26%	19.48%	34.07%	24.56%	24.63%	22.03%	Upgrade
Profit Margin	4.31%	11.39%	11.48%	16.57%	17.49%	15.34%	Upgrade
Free Cash Flow Margin	6.34%	13.77%	25.19%	11.64%	5.23%	11.24%	Upgrade
EBITDA	4,176	6,351	10,595	5,664	4,271	3,411	Upgrade
EBITDA Margin	15.65%	24.36%	37.99%	28.34%	28.54%	26.45%	Upgrade
D&A For EBITDA	1,437	1,271	1,093	755.72	585.69	569.34	Upgrade
EBIT	2,739	5,080	9,502	4,908	3,685	2,842	Upgrade
EBIT Margin	10.26%	19.48%	34.07%	24.56%	24.63%	22.03%	Upgrade
Effective Tax Rate	7.61%	26.09%	62.29%	20.91%	21.22%	21.91%	Upgrade
Revenue as Reported	26,426	26,426	28,219	20,158	15,044	12,912	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.