Lerøy Seafood Group ASA (LYSFF)

Lerøy Seafood Group ASA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	31,966	31,125	30,870	26,646	23,073	19,960
Revenue Growth (YoY)	3.09%	0.83%	15.85%	15.48%	15.60%	-2.29%
Cost of Revenue	18,822	16,635	17,305	13,320	11,657	11,934
Gross Profit	13,144	14,490	13,565	13,326	11,416	8,026
Selling, General & Admin	4,739	4,613	4,241	3,816	3,474	3,072
Other Operating Expenses	5,272	5,193	4,533	3,905	3,141	2,671
Operating Expenses	11,725	11,463	10,266	9,049	7,869	6,908
Operating Income	1,419	3,027	3,299	4,277	3,548	1,118
Interest Expense	-741.46	-717.1	-552.65	-321.63	-244.67	-235.7
Interest & Investment Income	180.11	180.11	130.18	36.17	31.4	29.53
Earnings From Equity Investments	52.44	106.84	-143.31	65.68	121.5	105.36
Currency Exchange Gain (Loss)	-6.8	19.04	-6.69	16.8	40.01	-27.24
Other Non Operating Income (Expenses)	20.51	0.98	-54.79	-13.11	-20.66	-7.97
EBT Excluding Unusual Items	924.09	2,617	2,672	4,061	3,475	981.87
Merger & Restructuring Charges	-58.54	-58.54	-95.6	-	-	-
Impairment of Goodwill	-	-	-	-	-	-1.55
Gain (Loss) on Sale of Investments	-	-	13.36	-0.17	39.18	-
Gain (Loss) on Sale of Assets	-4.88	-4.88	22.3	5.7	21.28	6.57
Asset Writedown	0.64	-	-12.51	-	-6.4	-
Other Unusual Items	0.93	0.93	0.82	0.85	2.36	-
Pretax Income	849.97	2,554	2,600	4,067	3,532	986.88
Income Tax Expense	-876.28	-139.15	2,390	901.83	750.57	196.67
Earnings From Continuing Operations	1,726	2,693	210.55	3,165	2,781	790.21
Minority Interest in Earnings	90.08	-19.81	61.95	-258.34	-148.73	4.13
Net Income	1,816	2,673	272.5	2,907	2,632	794.34
Net Income to Common	1,816	2,673	272.5	2,907	2,632	794.34
Net Income Growth	-	881.09%	-90.63%	10.42%	231.39%	-57.23%
Shares Outstanding (Basic)	597	595	595	595	595	595
Shares Outstanding (Diluted)	597	595	595	595	595	595
Shares Change (YoY)	0.41%	-	-	-	-	-
EPS (Basic)	3.04	4.49	0.46	4.88	4.42	1.33
EPS (Diluted)	3.04	4.49	0.46	4.88	4.42	1.33
EPS Growth	-	881.09%	-90.62%	10.41%	232.33%	-57.36%
Free Cash Flow	1,279	324.44	2,030	1,382	2,803	1,196
Free Cash Flow Per Share	2.14	0.55	3.41	2.32	4.71	2.01
Dividend Per Share	2.500	2.500	2.500	2.500	2.500	2.000
Dividend Growth	-	-	-	-	25.00%	33.33%
Gross Margin	41.12%	46.55%	43.94%	50.01%	49.48%	40.21%
Operating Margin	4.44%	9.72%	10.69%	16.05%	15.38%	5.60%
Profit Margin	5.68%	8.59%	0.88%	10.91%	11.41%	3.98%
Free Cash Flow Margin	4.00%	1.04%	6.58%	5.19%	12.15%	5.99%
EBITDA	2,440	4,018	4,194	5,053	4,294	1,817
EBITDA Margin	7.63%	12.91%	13.59%	18.96%	18.61%	9.11%
D&A For EBITDA	1,020	991.11	895.1	775.98	746.64	699.39
EBIT	1,419	3,027	3,299	4,277	3,548	1,118
EBIT Margin	4.44%	9.72%	10.69%	16.05%	15.38%	5.60%
Effective Tax Rate	-	-	91.90%	22.17%	21.25%	19.93%

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