GEOUF 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
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
Operating Revenue	468.14	512.82	209.09	141.05	71.19	70.05
Other Revenue	29.49	0.14	1	-	-	-
Revenue	497.64	512.96	210.09	141.05	71.19	70.05
Revenue Growth (YoY)	96.47%	144.17%	48.94%	98.14%	1.63%	-36.53%
Cost of Revenue	248.44	226.52	108.6	116.81	78.6	80.66
Gross Profit	249.19	286.44	101.48	24.25	-7.41	-10.61
Other Operating Expenses	52.82	66.46	45.12	39.89	12.11	21.38
Operating Expenses	148.83	147.51	78.36	64.36	30.32	46.25
Operating Income	100.36	138.93	23.13	-40.11	-37.73	-56.86
Interest Expense	-108.95	-128.68	-87.54	-69.65	-17.51	-19.04
Interest & Investment Income	1.33	0.13	0.49	0.12	-	0.63
Currency Exchange Gain (Loss)	32.74	-100.35	5.77	-37.38	-7.78	0.33
Other Non Operating Income (Expenses)	-109.88	-2.12	-67.22	-21.87	-	6.76
EBT Excluding Unusual Items	-84.39	-92.09	-125.37	-168.89	-63.02	-68.18
Gain (Loss) on Sale of Assets	-	-	70.73	-	-	-
Asset Writedown	-	-	46.1	111	-	-88
Pretax Income	-84.39	-92.09	-8.53	-57.89	-63.02	-156.18
Income Tax Expense	-	-	-	-	0.14	0.06
Earnings From Continuing Operations	-84.39	-92.09	-8.53	-57.89	-63.16	-156.24
Minority Interest in Earnings	0.66	0.53	0.06	-	-	-
Net Income	-83.73	-91.57	-8.48	-57.89	-63.16	-156.24
Net Income to Common	-83.73	-91.57	-8.48	-57.89	-63.16	-156.24
Shares Outstanding (Basic)	25	25	8	3	2	2
Shares Outstanding (Diluted)	25	25	8	3	2	2
Shares Change (YoY)	88.57%	223.85%	205.34%	10.54%	8.48%	32.55%
EPS (Basic)	-3.37	-3.67	-1.10	-22.93	-27.66	-74.21
EPS (Diluted)	-3.37	-3.67	-1.10	-23.00	-27.66	-74.21
Free Cash Flow	132.22	210.49	-1,123	-110.86	5.81	8.98
Free Cash Flow Per Share	5.31	8.43	-145.74	-43.92	2.54	4.26
Gross Margin	50.08%	55.84%	48.30%	17.19%	-10.41%	-15.15%
Operating Margin	20.17%	27.08%	11.01%	-28.44%	-53.00%	-81.17%
Profit Margin	-16.83%	-17.85%	-4.04%	-41.04%	-88.72%	-223.05%
Free Cash Flow Margin	26.57%	41.04%	-534.73%	-78.60%	8.17%	12.82%
EBITDA	194.29	217.86	55.36	-16.64	-19.52	-31.99
EBITDA Margin	39.04%	42.47%	26.35%	-11.80%	-27.42%	-45.67%
D&A For EBITDA	93.92	78.93	32.23	23.47	18.21	24.87
EBIT	100.36	138.93	23.13	-40.11	-37.73	-56.86
EBIT Margin	20.17%	27.08%	11.01%	-28.44%	-53.00%	-81.17%
Revenue as Reported	497.64	512.96	210.09	141.05	71.19	70.05

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