Spir Group ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Revenue	1,127	1,057	929.84	543.24	167.76
Revenue Growth (YoY)	6.67%	13.64%	71.17%	223.83%	-
Cost of Revenue	436.25	415.27	381.95	198.71	12.06
Gross Profit	690.89	641.45	547.89	344.53	155.7
Selling, General & Admin	318.46	293.8	259.43	163.01	78.47
Other Operating Expenses	171.28	158.62	122.14	72.59	32.8
Operating Expenses	630.61	571.64	489.33	300.45	134.28
Operating Income	60.28	69.81	58.56	44.08	21.42
Interest Expense	-57.92	-52.34	-47.94	-14.69	-3.44
Interest & Investment Income	14.17	5.36	1.06	0.02	0.06
Earnings From Equity Investments	-5.27	-2.73	-	-	-
Currency Exchange Gain (Loss)	-0.44	-0.33	-1.33	-0.15	-0.06
Other Non Operating Income (Expenses)	49.65	-4.73	-0.94	1.74	-0.79
EBT Excluding Unusual Items	60.47	15.04	9.41	31	17.19
Merger & Restructuring Charges	-8.18	-19.16	-29.49	-29.4	-
Asset Writedown	-1.82	-	-2.53	-	-
Other Unusual Items	-	-0.44	-9.63	-2.22	-
Pretax Income	50.46	-4.56	-32.23	-0.62	17.19
Income Tax Expense	7.7	4.25	-0.73	7.12	2.98
Earnings From Continuing Operations	42.77	-8.8	-31.5	-7.74	14.2
Earnings From Discontinued Operations	-8.06	-6.87	58.46	-0.75	-
Net Income to Company	34.7	-15.67	26.97	-8.48	14.2
Minority Interest in Earnings	-1.12	0.78	-3.25	-0.22	-
Net Income	33.59	-14.89	23.71	-8.7	14.2
Net Income to Common	33.59	-14.89	23.71	-8.7	14.2
Shares Outstanding (Basic)	132	129	103	88	56
Shares Outstanding (Diluted)	132	129	103	88	57
Shares Change (YoY)	2.48%	24.59%	17.97%	54.74%	-
EPS (Basic)	0.25	-0.12	0.23	-0.10	0.25
EPS (Diluted)	0.25	-0.12	0.23	-0.10	0.25
Free Cash Flow	211.54	192.47	98.65	93.76	11.23
Free Cash Flow Per Share	1.60	1.50	0.95	1.07	0.20
Gross Margin	61.30%	60.70%	58.92%	63.42%	92.81%
Operating Margin	5.35%	6.61%	6.30%	8.11%	12.77%
Profit Margin	2.98%	-1.41%	2.55%	-1.60%	8.47%
Free Cash Flow Margin	18.77%	18.21%	10.61%	17.26%	6.70%
EBITDA	104.61	107.41	99.25	68.14	31.23
EBITDA Margin	9.28%	10.16%	10.67%	12.54%	18.62%
D&A For EBITDA	44.32	37.6	40.69	24.06	9.81
EBIT	60.28	69.81	58.56	44.08	21.42
EBIT Margin	5.35%	6.61%	6.30%	8.11%	12.77%
Effective Tax Rate	15.25%	-	-	-	17.35%

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