Hafnia Limited (HAFN)

Hafnia Income Statement

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

Fiscal Year	FY 2025	FY 2021	FY 2020
Period Ending	Dec 31, 2025	Dec 31, 2021	Dec 31, 2020
Revenue	2,282	811.22	874.1
Revenue Growth (YoY)	181.30%	-7.19%	-
Cost of Revenue	465.96	408.28	250.89
Gross Profit	955.87	402.94	623.21
Selling, General & Admin	-	42.98	-
Depreciation & Amortization Expenses	202.13	151.68	156.44
Other Operating Expenses	408.63	208.2	270.31
Total Operating Expenses	610.76	402.86	426.75
Operating Income	369.59	-4.86	193.57
Interest Income	30.69	0.59	7.04
Interest Expense	49.77	43.5	46.95
Other Non-Operating Income (Expense)	-8.33	-3.33	-2.24
Total Non-Operating Income (Expense)	72.13	40.75	51.75
Pretax Income	342.18	-51.1	151.43
Provision for Income Taxes	2.5	4.39	2.65
Net Income	339.68	-55.49	148.78
Net Income to Common	339.68	-55.49	148.78
Shares Outstanding (Basic)	498	363	364
Shares Outstanding (Diluted)	504	363	364
Shares Change (YoY)	38.83%	-0.34%	-
EPS (Basic)	0.68	-0.15	0.41
EPS (Diluted)	0.67	-0.15	0.41
Free Cash Flow	456.69	79.73	350.9
Free Cash Flow Growth	472.83%	-77.28%	-
Free Cash Flow Per Share	0.91	0.22	0.96
Dividends Per Share	0.546	-	0.212
Gross Margin	41.89%	49.67%	71.30%
Operating Margin	16.20%	-0.60%	22.14%
Profit Margin	14.89%	-6.84%	17.02%
FCF Margin	20.01%	9.83%	40.14%
EBITDA	571.72	146.82	350.01
EBITDA Margin	25.05%	18.10%	40.04%
EBIT	369.59	-4.86	193.57
EBIT Margin	16.20%	-0.60%	22.14%
Effective Tax Rate	0.73%	-8.59%	1.75%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q