Orion S.A. (OEC)

Orion Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,842	1,878	1,894	2,031	1,547	1,136
Revenue Growth (YoY)	-3.79%	-0.87%	-6.75%	31.30%	36.11%	-23.03%
Cost of Revenue	1,448	1,449	1,443	1,582	1,160	844.1
Gross Profit	393.3	428.8	451	448.8	386.6	292.3
Selling, General & Admin	232.3	237.8	213	227.1	215.2	186
Research & Development	27.1	27.1	24.5	21.7	22	20.2
Other Operating Expenses	3.2	1.9	-0.7	2.9	8.6	21.6
Operating Expenses	262.6	266.8	236.8	251.7	245.8	227.8
Operating Income	130.7	162	214.2	197.1	140.8	64.5
Interest Expense	-54.6	-47.8	-46.9	-36.4	-31.6	-23.5
Earnings From Equity Investments	1.4	0.6	0.5	0.5	0.7	0.5
Currency Exchange Gain (Loss)	-2.5	-1.6	-4	-3.5	-6.4	-15.2
EBT Excluding Unusual Items	75	113.2	163.8	157.7	103.5	26.3
Legal Settlements	-	-	-	-	82.9	-
Other Unusual Items	-59.3	-59.3	-	-	-	-
Pretax Income	15.7	53.9	163.8	157.7	186.4	26.3
Income Tax Expense	0.6	9.7	60.3	51.5	51.7	8.1
Net Income	15.1	44.2	103.5	106.2	134.7	18.2
Net Income to Common	15.1	44.2	103.5	106.2	134.7	18.2
Net Income Growth	-80.72%	-57.29%	-2.54%	-21.16%	640.11%	-79.06%
Shares Outstanding (Basic)	57	58	59	61	61	60
Shares Outstanding (Diluted)	57	58	60	61	61	61
Shares Change (YoY)	-3.84%	-2.68%	-2.28%	0.70%	-0.74%	0.18%
EPS (Basic)	0.26	0.76	1.75	1.74	2.22	0.30
EPS (Diluted)	0.26	0.76	1.73	1.73	2.21	0.30
EPS Growth	-80.14%	-56.12%	-	-21.72%	636.67%	-78.87%
Free Cash Flow	-72.6	-81.4	173.1	-151.8	-69.5	-19.6
Free Cash Flow Per Share	-1.27	-1.39	2.89	-2.47	-1.14	-0.32
Dividend Per Share	0.084	0.083	0.080	0.080	0.020	0.200
Dividend Growth	5.25%	3.50%	-	300.00%	-90.00%	-75.00%
Gross Margin	21.36%	22.84%	23.81%	22.10%	24.99%	25.72%
Operating Margin	7.10%	8.63%	11.31%	9.71%	9.10%	5.68%
Profit Margin	0.82%	2.35%	5.46%	5.23%	8.71%	1.60%
Free Cash Flow Margin	-3.94%	-4.34%	9.14%	-7.47%	-4.49%	-1.73%
EBITDA	260.3	287.3	327.2	302.8	244.9	161.1
EBITDA Margin	14.13%	15.30%	17.28%	14.91%	15.83%	14.18%
D&A For EBITDA	129.6	125.3	113	105.7	104.1	96.6
EBIT	130.7	162	214.2	197.1	140.8	64.5
EBIT Margin	7.10%	8.63%	11.31%	9.71%	9.10%	5.68%
Effective Tax Rate	3.82%	18.00%	36.81%	32.66%	27.74%	30.80%

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q