Smartoptics Group ASA Income Statement

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

Millions USD. 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
Operating Revenue	75.27	55.39	58.47	57.37	45.85
Revenue	75.27	55.39	58.47	57.37	45.85
Revenue Growth (YoY)	35.88%	-5.27%	1.93%	25.12%	20.04%
Cost of Revenue	39.28	28.78	29.23	32.01	26.31
Gross Profit	35.99	26.61	29.24	25.35	19.54
Selling, General & Admin	20.16	13.23	13.18	11.03	10.08
Amortization of Goodwill & Intangibles	0.56	0.32	0.28	0.32	0.41
Other Operating Expenses	6.11	7.79	5.26	3.48	3.24
Operating Expenses	29.2	23.32	20.3	16.04	14.95
Operating Income	6.79	3.29	8.94	9.31	4.59
Interest Expense	-0.24	-0.31	-0.24	-0.23	-0.17
Interest & Investment Income	0.18	0.32	0.25	0.04	0.02
Currency Exchange Gain (Loss)	-0.74	2.08	0.64	-0.25	-0.15
Other Non Operating Income (Expenses)	-	0	-0	-	-
EBT Excluding Unusual Items	5.99	5.38	9.59	8.87	4.3
Asset Writedown	-	-	-	-0.01	-
Pretax Income	5.99	5.38	9.59	8.86	4.3
Income Tax Expense	1.31	1.34	2.12	2.07	0.77
Net Income	4.68	4.04	7.47	6.79	3.53
Net Income to Common	4.68	4.04	7.47	6.79	3.53
Net Income Growth	15.88%	-45.90%	10.05%	92.21%	125.71%
Shares Outstanding (Basic)	98	98	96	96	94
Shares Outstanding (Diluted)	98	98	97	96	94
Shares Change (YoY)	0.17%	0.81%	0.79%	2.75%	47.46%
EPS (Basic)	0.05	0.04	0.08	0.07	0.04
EPS (Diluted)	0.05	0.04	0.08	0.07	0.04
EPS Growth	16.52%	-46.75%	10.00%	85.79%	53.07%
Free Cash Flow	6.83	4.66	10.09	-1.03	0.24
Free Cash Flow Per Share	0.07	0.05	0.10	-0.01	0.00
Dividend Per Share	0.060	0.053	0.049	0.051	-
Dividend Growth	12.70%	7.11%	-2.84%	-	-
Gross Margin	47.81%	48.04%	50.01%	44.19%	42.62%
Operating Margin	9.01%	5.94%	15.29%	16.23%	10.02%
Profit Margin	6.22%	7.30%	12.78%	11.83%	7.70%
Free Cash Flow Margin	9.07%	8.41%	17.26%	-1.80%	0.53%
EBITDA	9.72	4.52	9.78	9.83	5.07
EBITDA Margin	12.91%	8.15%	16.73%	17.14%	11.06%
D&A For EBITDA	2.94	1.23	0.84	0.52	0.48
EBIT	6.79	3.29	8.94	9.31	4.59
EBIT Margin	9.01%	5.94%	15.29%	16.23%	10.02%
Effective Tax Rate	21.84%	24.86%	22.10%	23.36%	17.80%
Revenue as Reported	75.27	55.51	58.5	57.37	45.9

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