Mowi ASA (MHGVY)

Mowi ASA Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	5,566	5,478	4,907	4,166	3,732
Other Revenue	37.4	27.5	33.5	36.3	28
Revenue	5,604	5,506	4,941	4,202	3,760
Revenue Growth (YoY)	1.78%	11.43%	17.58%	11.76%	-9.08%
Cost of Revenue	3,057	2,978	2,417	2,341	2,325
Gross Profit	2,547	2,528	2,524	1,861	1,436
Selling, General & Admin	638.7	586.7	557.7	516.5	506.6
Other Operating Expenses	636	556.4	531.9	389.3	395.5
Operating Expenses	1,723	1,547	1,476	1,279	1,240
Operating Income	824.3	980.7	1,048	582.2	195.5
Interest Expense	-143.5	-113.1	-52.6	-59	-63
Interest & Investment Income	12.3	6.5	2	0.5	0.7
Earnings From Equity Investments	29.5	28.4	59.2	97.5	21.8
Currency Exchange Gain (Loss)	9	35.9	1.4	37	-12.9
Other Non Operating Income (Expenses)	-23.2	-28.2	-5.6	-17.8	4.4
EBT Excluding Unusual Items	708.4	910.2	1,052	640.4	146.5
Merger & Restructuring Charges	-19.5	-4.9	-13.7	-22.6	-14.5
Impairment of Goodwill	-	-	-	-	-0.7
Gain (Loss) on Sale of Investments	-	-0.3	-0.1	-	-
Gain (Loss) on Sale of Assets	3.6	1.6	3.8	0.5	3.3
Asset Writedown	-60.8	-7.9	-41.2	-25	-14.1
Pretax Income	631.7	898.7	1,001	593.3	120.5
Income Tax Expense	156.9	459.2	215.5	105.5	1.4
Earnings From Continuing Operations	474.8	439.5	785.4	487.8	119.1
Net Income to Company	474.8	439.5	785.4	487.8	119.1
Minority Interest in Earnings	-6.3	4.9	-3	-0.2	-1.6
Net Income	468.5	444.4	782.4	487.6	117.5
Net Income to Common	468.5	444.4	782.4	487.6	117.5
Net Income Growth	5.42%	-43.20%	60.46%	314.98%	-75.40%
Shares Outstanding (Basic)	517	517	517	517	517
Shares Outstanding (Diluted)	517	517	517	517	517
Shares Change (YoY)	-	-	-	-	0.14%
EPS (Basic)	0.91	0.86	1.51	0.94	0.23
EPS (Diluted)	0.91	0.86	1.51	0.94	0.23
EPS Growth	5.42%	-43.09%	60.64%	313.68%	-75.30%
Free Cash Flow	542.4	595.9	309.6	588.4	186.9
Free Cash Flow Per Share	1.05	1.15	0.60	1.14	0.36
Dividend Per Share	0.570	0.660	0.678	0.365	0.031
Dividend Growth	-13.72%	-2.64%	85.64%	1096.86%	-97.10%
Gross Margin	45.45%	45.91%	51.08%	44.29%	38.18%
Operating Margin	14.71%	17.81%	21.20%	13.86%	5.20%
Profit Margin	8.36%	8.07%	15.83%	11.60%	3.13%
Free Cash Flow Margin	9.68%	10.82%	6.27%	14.00%	4.97%
EBITDA	1,040	1,184	1,244	759.8	368.2
EBITDA Margin	18.55%	21.51%	25.17%	18.08%	9.79%
D&A For EBITDA	215.5	203.4	196.1	177.6	172.7
EBIT	824.3	980.7	1,048	582.2	195.5
EBIT Margin	14.71%	17.81%	21.20%	13.86%	5.20%
Effective Tax Rate	24.84%	51.10%	21.53%	17.78%	1.16%
Revenue as Reported	5,604	5,506	4,941	4,202	3,760

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