Spir Group ASA Income Statement

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,180	1,127	1,057	929.84	543.24	167.76
Revenue Growth (YoY)	11.45%	6.67%	13.64%	71.17%	223.83%	-
Cost of Revenue	455.05	436.25	415.27	381.95	198.71	12.06
Gross Profit	724.7	690.89	641.45	547.89	344.53	155.7
Selling, General & Admin	332.21	318.46	293.8	259.43	163.01	78.47
Other Operating Expenses	174.62	171.28	158.62	122.14	72.59	32.8
Operating Expenses	655.02	630.61	571.64	489.33	300.45	134.28
Operating Income	69.68	60.28	69.81	58.56	44.08	21.42
Interest Expense	-59.74	-57.92	-52.34	-47.94	-14.69	-3.44
Interest & Investment Income	12.05	14.17	5.36	1.06	0.02	0.06
Earnings From Equity Investments	-2.67	-5.27	-2.73	-	-	-
Currency Exchange Gain (Loss)	-0.33	-0.44	-0.33	-1.33	-0.15	-0.06
Other Non Operating Income (Expenses)	42.86	49.65	-4.73	-0.94	1.74	-0.79
EBT Excluding Unusual Items	61.84	60.47	15.04	9.41	31	17.19
Merger & Restructuring Charges	-8.18	-8.18	-19.16	-29.49	-29.4	-
Asset Writedown	-5.59	-1.82	-	-2.53	-	-
Other Unusual Items	1	-	-0.44	-9.63	-2.22	-
Pretax Income	49.08	50.46	-4.56	-32.23	-0.62	17.19
Income Tax Expense	9.61	7.7	4.25	-0.73	7.12	2.98
Earnings From Continuing Operations	39.47	42.77	-8.8	-31.5	-7.74	14.2
Earnings From Discontinued Operations	-8.06	-8.06	-6.87	58.46	-0.75	-
Net Income to Company	31.41	34.7	-15.67	26.97	-8.48	14.2
Minority Interest in Earnings	-1.71	-1.12	0.78	-3.25	-0.22	-
Net Income	29.7	33.59	-14.89	23.71	-8.7	14.2
Net Income to Common	29.7	33.59	-14.89	23.71	-8.7	14.2
Shares Outstanding (Basic)	131	132	129	103	88	56
Shares Outstanding (Diluted)	131	132	129	103	88	57
Shares Change (YoY)	1.17%	2.48%	24.59%	17.97%	54.74%	-
EPS (Basic)	0.23	0.25	-0.12	0.23	-0.10	0.25
EPS (Diluted)	0.23	0.25	-0.12	0.23	-0.10	0.25
Free Cash Flow	215.25	211.54	192.47	98.65	93.76	11.23
Free Cash Flow Per Share	1.64	1.60	1.50	0.95	1.07	0.20
Gross Margin	61.43%	61.30%	60.70%	58.92%	63.42%	92.81%
Operating Margin	5.91%	5.35%	6.61%	6.30%	8.11%	12.77%
Profit Margin	2.52%	2.98%	-1.41%	2.55%	-1.60%	8.47%
Free Cash Flow Margin	18.25%	18.77%	18.21%	10.61%	17.26%	6.70%
EBITDA	117.48	104.61	107.41	99.25	68.14	31.23
EBITDA Margin	9.96%	9.28%	10.16%	10.67%	12.54%	18.62%
D&A For EBITDA	47.8	44.32	37.6	40.69	24.06	9.81
EBIT	69.68	60.28	69.81	58.56	44.08	21.42
EBIT Margin	5.91%	5.35%	6.61%	6.30%	8.11%	12.77%
Effective Tax Rate	19.57%	15.25%	-	-	-	17.35%

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