Borr Drilling Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	771.6	443.8	245.3	307.5	334.1	164.9	0.1
Revenue Growth (YoY)	73.86%	80.92%	-20.23%	-7.96%	102.61%	164800.00%	-
Cost of Revenue	359.3	264.9	180.5	270.4	307.9	180.1	36.2
Gross Profit	412.3	178.9	64.8	37.1	26.2	-15.2	-36.1
Selling, General & Admin	45.1	36.8	34.7	49.1	50.4	38.7	21
Other Operating Expenses	116.8	244	118.4	176	126.6	77.5	52.6
Operating Expenses	161.9	280.8	153.1	225.1	177	116.2	73.6
Operating Income	250.4	-101.9	-88.3	-188	-150.8	-131.4	-109.7
Interest Expense / Income	177.2	139.2	99.4	87.4	70.4	13.7	0.5
Other Expense / Income	17.1	33.3	-4.4	26	65.2	42.9	-22.2
Pretax Income	56.1	-274.4	-183.3	-301.4	-286.4	-188	-88
Income Tax	34	18.4	9.7	16.2	11.2	2.5	0
Net Income	22.1	-292.8	-193	-317.6	-297.6	-190.5	-88
Shares Outstanding (Basic)	244	178	135	75	54	51	26
Shares Outstanding (Diluted)	248	178	135	75	54	51	26
Shares Change	39.09%	32.42%	79.21%	39.89%	4.47%	98.89%	-
EPS (Basic)	0.09	-1.64	-1.43	-4.22	-5.54	-3.70	-3.40
EPS (Diluted)	0.09	-1.64	-1.43	-4.22	-5.54	-3.70	-3.40
Free Cash Flow	-164.7	-20.1	-75.1	-59.5	-353.7	-487.2	-1,090
Free Cash Flow Per Share	-0.67	-0.11	-0.56	-0.79	-6.58	-9.47	-42.15
Gross Margin	53.43%	40.31%	26.42%	12.07%	7.84%	-9.22%	-36100.00%
Operating Margin	32.45%	-22.96%	-36.00%	-61.14%	-45.14%	-79.68%	-109700.00%
Profit Margin	2.86%	-65.98%	-78.68%	-103.28%	-89.08%	-115.52%	-88000.00%
Free Cash Flow Margin	-21.35%	-4.53%	-30.62%	-19.35%	-105.87%	-295.45%	-1090000.00%
Effective Tax Rate	60.61%	-	-	-	-	-	-
EBITDA	350.7	-18.7	35.7	-96.1	-114.6	-94.8	-66.3
EBITDA Margin	45.45%	-4.21%	14.55%	-31.25%	-34.30%	-57.49%	-66300.00%
Depreciation & Amortization	117.4	116.5	119.6	117.9	101.4	79.5	21.2
EBIT	233.3	-135.2	-83.9	-214	-216	-174.3	-87.5
EBIT Margin	30.24%	-30.46%	-34.20%	-69.59%	-64.65%	-105.70%	-87500.00%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).