Lerøy Seafood Group ASA (LYSFF)

Lerøy Seafood Group ASA Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	30,988	30,870	26,646	23,073	19,960	20,427
Revenue Growth (YoY)	6.14%	15.85%	15.48%	15.60%	-2.29%	2.97%
Cost of Revenue	17,626	17,305	13,320	11,657	11,934	11,517
Gross Profit	13,362	13,565	13,326	11,416	8,026	8,910
Selling, General & Admin	4,335	4,241	3,816	3,474	3,072	2,933
Other Operating Expenses	4,669	4,533	3,905	3,141	2,671	2,588
Operating Expenses	10,576	10,266	9,049	7,869	6,908	6,537
Operating Income	2,786	3,299	4,277	3,548	1,118	2,373
Interest Expense	-597.49	-552.65	-321.63	-244.67	-235.7	-238.48
Interest & Investment Income	130.18	130.18	36.17	31.4	29.53	45.78
Earnings From Equity Investments	29.32	-143.31	65.68	121.5	105.36	179.75
Currency Exchange Gain (Loss)	4.08	-6.69	16.8	40.01	-27.24	-5.75
Other Non Operating Income (Expenses)	-38.53	-54.79	-13.11	-20.66	-7.97	-16.36
EBT Excluding Unusual Items	2,313	2,672	4,061	3,475	981.87	2,338
Impairment of Goodwill	-	-	-	-	-1.55	-
Gain (Loss) on Sale of Investments	13.36	13.36	-0.17	39.18	-	-
Gain (Loss) on Sale of Assets	22.3	22.3	5.7	21.28	6.57	27.25
Asset Writedown	-70	-108.11	-	-6.4	-	-
Other Unusual Items	0.82	0.82	0.85	2.36	-	-
Pretax Income	2,294	2,600	4,067	3,532	986.88	2,365
Income Tax Expense	787.73	2,390	901.83	750.57	196.67	495.74
Earnings From Continuing Operations	1,507	210.55	3,165	2,781	790.21	1,870
Minority Interest in Earnings	109.08	61.95	-258.34	-148.73	4.13	-12.57
Net Income	1,616	272.5	2,907	2,632	794.34	1,857
Net Income to Common	1,616	272.5	2,907	2,632	794.34	1,857
Net Income Growth	165.33%	-90.63%	10.42%	231.39%	-57.23%	-45.97%
Shares Outstanding (Basic)	597	595	595	595	595	595
Shares Outstanding (Diluted)	597	595	595	595	595	595
Shares Change (YoY)	0.72%	-	-	-	-	-
EPS (Basic)	2.70	0.46	4.88	4.42	1.33	3.12
EPS (Diluted)	2.70	0.46	4.88	4.42	1.33	3.12
EPS Growth	163.80%	-90.62%	10.41%	232.33%	-57.36%	-45.95%
Free Cash Flow	1,881	2,030	1,382	2,803	1,196	1,446
Free Cash Flow Per Share	3.15	3.41	2.32	4.71	2.01	2.43
Dividend Per Share	2.500	2.500	2.500	2.500	2.000	1.500
Dividend Growth	0%	0%	0%	25.00%	33.33%	-25.00%
Gross Margin	43.12%	43.94%	50.01%	49.48%	40.21%	43.62%
Operating Margin	8.99%	10.69%	16.05%	15.38%	5.60%	11.62%
Profit Margin	5.21%	0.88%	10.91%	11.41%	3.98%	9.09%
Free Cash Flow Margin	6.07%	6.58%	5.19%	12.15%	5.99%	7.08%
EBITDA	3,728	4,194	5,053	4,294	1,817	2,959
EBITDA Margin	12.03%	13.59%	18.96%	18.61%	9.10%	14.48%
D&A For EBITDA	942.56	895.1	775.98	746.64	699.39	585.39
EBIT	2,786	3,299	4,277	3,548	1,118	2,373
EBIT Margin	8.99%	10.69%	16.05%	15.38%	5.60%	11.62%
Effective Tax Rate	34.33%	91.90%	22.17%	21.25%	19.93%	20.96%

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