Cavendish Hydrogen ASA (OSL:CAVEN)

Cavendish Hydrogen ASA Income Statement

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

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Operating Revenue	31	28.9
Other Revenue	0.4	1.5
Revenue	31.4	30.4
Revenue Growth (YoY)	3.29%	-
Cost of Revenue	15.1	14.2
Gross Profit	16.3	16.2
Selling, General & Admin	21.5	23.5
Other Operating Expenses	13.8	12.2
Operating Expenses	39.8	40.4
Operating Income	-23.5	-24.2
Interest Expense	-0.3	-2.2
Interest & Investment Income	1.2	0.2
Currency Exchange Gain (Loss)	-0.4	-0.8
Other Non Operating Income (Expenses)	-0.5	-2.7
Pretax Income	-23.5	-29.7
Income Tax Expense	-0.8	-0.8
Net Income	-22.7	-28.9
Net Income to Common	-22.7	-28.9
Shares Outstanding (Basic)	34	34
Shares Outstanding (Diluted)	34	34
EPS (Basic)	-0.68	-0.86
EPS (Diluted)	-0.68	-0.86
Free Cash Flow	-25.6	-20
Free Cash Flow Per Share	-0.76	-0.59
Gross Margin	51.91%	53.29%
Operating Margin	-74.84%	-79.61%
Profit Margin	-72.29%	-95.07%
Free Cash Flow Margin	-81.53%	-65.79%
EBITDA	-18.9	-19.5
EBITDA Margin	-60.19%	-64.14%
D&A For EBITDA	4.6	4.7
EBIT	-23.5	-24.2
EBIT Margin	-74.84%	-79.61%
Revenue as Reported	31.4	30.4

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