Smartoptics Group AS Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	53.05	58.47	57.37	45.85	334.56	233.66
Other Revenue	-	-	-	-	-7.19	-3.59
Revenue	53.05	58.47	57.37	45.85	327.37	230.07
Revenue Growth (YoY)	-14.41%	1.93%	25.12%	-85.99%	42.30%	-
Cost of Revenue	27	29.23	32.01	26.31	202.86	129.19
Gross Profit	26.04	29.24	25.35	19.54	124.51	100.88
Selling, General & Admin	13.93	13.18	11.03	10.08	62.56	51.13
Other Operating Expenses	5.02	5.26	3.48	3.24	41.25	37.57
Operating Expenses	21.04	20.3	16.04	14.95	109.54	93.68
Operating Income	5	8.94	9.31	4.59	14.97	7.19
Interest Expense	-0.32	-0.24	-0.23	-0.17	-1.45	-1.99
Interest & Investment Income	0.25	0.25	0.04	0.02	0.38	0.67
Currency Exchange Gain (Loss)	0.1	0.64	-0.25	-0.15	-	-
Other Non Operating Income (Expenses)	-0	-0	-	-	-0.35	-0.25
EBT Excluding Unusual Items	5.04	9.59	8.87	4.3	13.56	5.62
Gain (Loss) on Sale of Investments	-	-	-	-	0.01	-0.01
Asset Writedown	-	-	-0.01	-	-	-
Pretax Income	5.04	9.59	8.86	4.3	13.56	5.61
Income Tax Expense	1.19	2.12	2.07	0.77	0.15	2.09
Net Income	3.86	7.47	6.79	3.53	13.41	3.53
Net Income to Common	3.86	7.47	6.79	3.53	13.41	3.53
Net Income Growth	-54.47%	10.05%	92.21%	-73.67%	280.46%	-
Shares Outstanding (Basic)	97	96	96	94	64	-
Shares Outstanding (Diluted)	97	97	96	94	64	-
Shares Change (YoY)	0.45%	0.79%	2.75%	47.46%	-	-
EPS (Basic)	0.04	0.08	0.07	0.04	0.21	-
EPS (Diluted)	0.04	0.08	0.07	0.04	0.21	-
EPS Growth	-54.19%	10.00%	85.79%	-82.14%	-	-
Free Cash Flow	6.9	10.09	-1.03	0.24	6.46	-8.67
Free Cash Flow Per Share	0.07	0.10	-0.01	0.00	0.10	-
Dividend Per Share	0.049	0.049	0.051	-	-	-
Dividend Growth	-2.84%	-2.84%	-	-	-	-
Gross Margin	49.09%	50.01%	44.19%	42.62%	38.03%	43.85%
Operating Margin	9.43%	15.29%	16.23%	10.02%	4.57%	3.13%
Profit Margin	7.27%	12.78%	11.83%	7.70%	4.10%	1.53%
Free Cash Flow Margin	13.01%	17.26%	-1.80%	0.53%	1.97%	-3.77%
EBITDA	6.05	9.78	9.83	5.07	17.85	12.17
EBITDA Margin	11.40%	16.73%	17.14%	11.06%	5.45%	5.29%
D&A For EBITDA	1.05	0.84	0.52	0.48	2.87	4.98
EBIT	5	8.94	9.31	4.59	14.97	7.19
EBIT Margin	9.43%	15.29%	16.23%	10.02%	4.57%	3.13%
Effective Tax Rate	23.50%	22.10%	23.36%	17.80%	1.11%	37.21%
Revenue as Reported	53.07	58.5	57.37	45.9	327.37	230.07

Source: S&P Capital IQ. Standard template. Financial Sources.